Feds told GM to drop pontiac

[RichSchmidt]

The government should have never given the bailouts to begin with. Everybody got all warm and fuzzy about saving jobs,but really all the bailout did was save shareholders and banks. If the entire company went belly up,it would have been reopened as a new brand(s) and been stronger then ever. People were willing to buy American made cars again,and GM finally got labor costs under control by moving jobs down south and to Canada and getting out of the rust belt. Without the debt and legacy cost,it would have been a prime investment to buy up all the assets including the names. The cars could have been sold for even less,and the workers paid more,and dividends would still have gone up. he only loosers to his would have been the banksters and investors.