It is incredulous! So, GM had a loss. So, many have lost their jobs at GM and across the board. So, the last six plus years has been a down spiral. I DON"T CARE! The point is: the Government has no place in business! Check out Fannie and Freddie - their totally screwed up. Look at our ignorant representatives in DC - they are clue-less. This bash on the CEO, tax-the-bonus parade and bandwagon is such a picture of a hasty-generalization! Also shows America's Collective IGNORANCE!
One should click here and understand what **ONE** (1) (just one) TRILLION dollars $$ looks like (keep in mind it is JUST ONE - multiple the picture by 12!). Then ask, "Where are the DC heads that should be rolling? How is it that irresponsible, poor, non-working, non-citizens (etc) got homes they couldn't afford in the first place! Why and I (the Joe-Citizen) paying for stupidity and personal agendas?" Why is Geitner, Kennedy, Barney Frank, Pelosi and EVEN OBAMA still there! They seriously helped cause this mess! While we are there, let's be rid of the weak and coddling Paper Republicans that let this happen!
Back to GM: what should have happened in regard to the CEO - the shareholders should have ousted the him long ago and demanded a real business model without exorbitant union demands. It works for Toyota and Nissan...on American Soil too! GOVERNMENT HAS NO PLACE TELLING PRIVATE BUSINESS WHAT TO DO!
But then again, Americans sleep through this crap and soon Card Check will eliminate the success of Nissan, Wal-Mart or any other business for that matter....HIGH HUSSEIN