The Market is Voting on GM's Future

Sure the U.S. auto industry could have made better decisions, but what hurt them most was building the big trucks that, until the economy tanked, Americans loved so much. The auto companys didn't bring about this mess, unlike the financial industry they actually make an honest, real, physical product that truly adds to our GNP, also they employ an awful lot of Americans. The millions of people who work in the industry don't ALL deserve to lose their livelihood. All the financials did is to rip people off with newer and even more complicated scams and schemes. Now that the whole rotten house of cards is collapsing under the weight of its own corruption we should worry more about preserving the industrial base that MADE our country great instead of helping the relatively few crooks that brought us to these dire straits. We wont get economic prosperity in this country by selling insurance to each other, "repackaging debt", trading derivatives, bundling mortgages etc., somebody has to actually MAKE things. There will never be a shortage of hucksters who will "invest" your money....they will come back, but once an industry leaves a country it tends to never come back. If we don't make products, all we will have to offer the world is paper - and that hasn't been selling to well lately.

NO BIAL OUTOUT WITH FOR GM WALL STREET RIP OFF ITS NOT ABOUT THE PEOPLE ITS ABOUT THE CEO.s fat cat

EVERYONE NEEDS TO QUIT BUYING AND GM AND FORDS CHY <_

I'm SURE the oil cartel wants more cars out there. GM will get aid. Bush is just holding out until the fine print says - petro cars if you get the money. I'd wager whatever a $5 used to be that's the case. I know one thing, after evenly cut amounts, 25 billion, 10 billion, 150 billion ? are handed out to OTHER corporate suitors for this free honey smack pouring out the the hive at the Treasury ? I certainly look at money any more and expect any integrity. These actions - leading to 'other uses' of the pipeline to treasury access, such as PNC buying NATCity or augh! I'm going even going to entertain Bank of America. INTERESTING they paid 3 billion for a company with near 40 billion in debt, did they KNOW this aid was coming ? Was this sub prime motive PUSHED early on KNOWING there would be a bait and switch at the end leaving the tax payers with 1 trillion in tax payer BOUGHT crap loans ? either way - cars will remain petro so long as oil makes profit. Russia says it needs $70 right ? And we just hit what ? Suadi's are flippin' out - they're $20 shy of crashing. GM can suck it's own exhaust pipe.

Why bail out a company that can not compete? Giving money to them will not solve the problem. It will only prolong it.

BRIAN, ONLY VERY DRASTIC ACTION WILL SAVE DETROIT Here is a radical, but common sense and workable plan - http://pacificgatepost.blogspot.com/2008/11/solution-for-detroit-gm-friends.html It’s this, or bankruptcy. The American Auto industry should be saved but under new conditions. Do not leave it to the likes of Paulson or Congress to come up with a creative plan resembling interest in taxpayers' wellbeing. There is much creative telent hidden inside the Big 3 that has been smothered by mismanagement and the UAW.

Let us hope and pray that the madness to bailout ailing corporations will stop. Isn't it interesting that the "Big Three" need a bailout while their southern counterparts (in right to work states) are well and thriving? Could it be that both mismanagement and UAW's punitive contracts have pushed these northern automakers to the brink of collapse? Maybe the very best outcome would be for these automakers to be bankrupt so that they can be restructured and once again become productive and competitive. When UAW contracts prohibit the layoff of unnecessary workers, and force automakers to continue a policy of paying employees who produce nothing, it is a wonder that automakers have been in business this long. I am outraged at the reported $8 Million spent daily in this wasteful and shameful way. Where can the rest of us get a job--often paying six figures annually--for merely showing up to work, knowing that we can't be laid off? No more bailouts, please. We simply can't afford it. As a bonus, GM stock might just improve. Sincerely, Linda G Christensen Richmond, Texas

hello Mr. Sullivan, forgive me but this website is very hard to navigate....i am 49 and guess i need help from my 5yr old grandson....lol....i know you cannot read all your e-mails, however, just getting some type of response from you would go along way in helping me advise my clients, as well as show your commitment to wanting to know the true condition of american small business in the this current market....as to your entry on GM...what i advise my clients is this....although not warranted, the current policies of the congress and now president (not elect) obama is to give a political blank check to all unionized and mis-managed american companies at the expense of taxpayers, and i firmly suggest they avoid investing in any company that takes the govt handout....although my company is firmly based in the restorations of historic homes, from word of mouth alone, i have found a large, strong broadbase of business owning clients (most have 50 employees or less), young professionals and those regular working folks, wanting me to share my financial insight .....2yrs ago i warned them of a correction in the housing market (common sense says that type of growth cannot be sustained) many got out because of that warning .....when my clients complained of high gas prices last year, most were calmed when i explained, that when those that were not in the supply chain and were after profits alone were removed from the market, oil would stabilize at around $75-90 in the next yr and that would be the true supply and demand market and they could forecast expenses accordingly for 2008 and '09.....*as a side note $65 oil has been great blessing to those of us at the lower income scale, we can now afford food and even perhaps some type of xmas....wishing the best to all......please know that help to those in need is free and available through ...indigo asset services......"America's reality to the future." --brian owner/ indigo services --on behalf of myself and my clients......thank you Mr. Sullivan for your time....

Government 'bail outs' do not help stockholders. Look at Freddy Mac and Fannie Mae. The government dilutes the common stock to such an extent that the common shareholder is virtually wiped out. GM shares would probably be trading higher if there was no possible prospect of a government 'bail out'.