I am a proud American, and I will be very upset if this happens, but for many years I personally know people that have been trying to give GM, Ford, etc. suggestions about possible car and investment ideas and all of them were brushed off. I am in the market for a new car and when I look at what a GM costs compared to its japanese counterparts, I can't bring myself to buy a poorly made GM, that will last half the time that a Toyota will and depreciate at the speed of light. GM really cannot be surprised at what is happening. What do they want, our tax money to keep them afloat while they "restructure". Thats like trying to fix the Titanic while it was sinking. Not going to work.
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