So, here it is today June 1st, 2009 and General Motors has finally filed chapter 11 protection! Why couldn't our great government have forced this to happen before giving out 20 Billion to the #1 car manufacturer in the world! I am very upset at the government for the decisions they have made in what I call " The Bailout for the people, by the people " This is so very wrong that the gov spent our money so freely and for what? Our we ever going to recoup our $? I don't see that happening, our government will now have a 60% stake in the company! I heard a radio host say this morning that this is an investment for the government! When I heard this I PUKED!!!! Business 101, if a company cannot produce a profit for a couple of years you DO NOT invest, let it go down the toilet! Only do you invest in a company that is currently profitable and has been and is still going to be in the years to come! I think it is wrong for any government or government agency to interfere into any private sector/ company EVER! This will prove to hurt the American people and the government just has one more card in their deck to play. YOU can only buy this type of car, you can't smoke here, you can't drink there, you must pay more tax here, etc....... Kiss my round (Very) ass-cheek!!!!! Am I wrong to say that I smell a touch of Communism? What is the thoughts of you guy's and gals on the BC?