GM In Trouble!
Things are only getting worst with GM. They’re telling their employees that more production jobs are going to need to be cut. GM is also cutting their salaried staff people as well. This is all in hopes of saving cash to get them through this year. But what will happen starting next year is my question? Are they just stalling their bankruptcy proceedings, or are they wanting to Obama comes into office? If they could stay alive until Obama comes into office they might have a chance. That’s because Bush doesn’t want to give out anymore money, but Obama wants to help the automakers. I think President Bush knows that it would be a waist of taxpayer money to help the automakers. So I guess this could be Obama’s first big mistake if he gives the automakers the money they’re seeking.
