Obama is the Next FDR

[fredtoast]

(06-06-2015, 05:58 PM)JustWinBaby Wrote:  (although his fingerprints were all over robbing the equity and debt holders of GM and Chrysler to give to the UAW).

So you think the equity and debt holders would have been better off if GM had gone under?

The UAW made major concessions.  Retirees lost their insurance.  And the future success of the UAW fund is now tied directly to the success of GM.

Meanwhile I investors who held GM stock at a dollar a share in '09 now own GM stock at $35 a share.  I wish I could get "robbed" like that.