first step is to kill the contracts with the UAW. Thats a bailout in itself. And if GM fails then it fails, it makes zero sense to give any company money right after they have just blown all of their own (AKA bad investment).

first step is to kill the contracts with the UAW. Thats a bailout in itself. And if GM fails then it fails, it makes zero sense to give any company money right after they have just blown all of their own (AKA bad investment).

For each of the manufacturers it would outline what car lines they would drop, what executives would be terminated, what additional concessions the UAW would make and the time line for repayment to the taxpayers.

What is becoming apparent is GM wants to go into a financing plan without concessions. That should be a nonstarter. GM has too many things to fix and why dump money into this money pit if all they are going to do is maintain status quo.