Question: Why give GM a dime if they're still going to lay off 48,000 workers? I could see if

[williesgirl]

it would enable these folks to keep their jobs. But why bail out the company if most of the workers are already gone?

[Catshrink]

1. And especially don't give a dime to companies who ship jobs overseas.

Like banks who send their CS offshore.

[stray cat]

2. How many employees would lose their job if we don't help?

[DJ13]

3. If GM keeps manufacturing overseas, those countries should help

...bail them out.

[Donnachaidh]

4. BINGO! n/t

[NorCalDem]

5. I think we almost have to let it go down...

it's a damn shame, but i don't know if we can save them. Other banks/companies will be bankrupt soon too, and we can't afford to bail them all out...

2nd Great Depression, here we come :(

[hendo]

8. that kind of talk will lead to a great depression

the perception that things can only get worse will cause them to only get worse.

Wallstreet and all of the global markets for that matter run on perceptions.

[LakeSamish706]

6. I don't understand why they should bail them out either on these conditions for sure....

I still think that something has to change (Management wise) in order for these funds to even be considered.

[GP6971]

7. I read earlier

that GM was demanding concessions from the union. Is the union demanding concessions about executive pay? It should be a two way street.