: About Me

Over the past few months there has been talk of the collapse of the automotive industry. Now General Motors, one of America's largest automobile makers, is on the brink of bankruptcy and President Obama is discussing government take over of the company in order to save the economy and the consumer. In this situation, there is only a win/win option. If General Motors declares bankruptcy, the company gets to keep what assets they have and then the government takes over and prevents the company from going out of existence. Some opponents of the government takeover of this automaker may feel t...