Just a thought as our tax dollars go down the drain. Perhaps that won't really happen, but the record does not look good for getting our money back.
Here's the deal. If GM is making sooooo much money, and apparently the Union Bosses and members know that they are for a fact, then why don't they just trade everything for 100% ownership in the company. Take it over, borrow what it takes to buy all the assets, turn the company around and then make their living off all the money "their company" will make.
This is really pretty simple – if the boss is an ogre[more] and is making all that money, why not buy him/her out and you make the money.
It ain't going to happen!
For all their blustering and posturering, you won't see the Union taking over anything. They know there isn't any money like that to be made without working for it. They know about all the secret ("hush-hush") arrangements in their contracts for layoffs and early retirements. If they bought GM, they would have to be able to do math, understand credit, and the fact that the only way we can make money is if what we sell costs less to make, advertise, deliver and contract to our employees than what we sell it for. Can't have any slackers standing around getting paid for doing nothing!
You watch, GM will sell off parts of itself to survive, and still won't be able to pay us back.