What Pisse$ me off the most about these auto bankruptcies is that the Debt holders are viewed by the media as evil entities. The bond holders are the bank that loaned the money to allow the company to continue to operate. The bond holders are supposed to get interest paid on their bonds that they hold. AND---Bond holders are to be paid first in any bankruptcy.......Period.
GM stock is being destroyed by the government and the executives and the UAW losers have been wrecking GM for decades. It makes me sick.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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