[427TJ]

I'm delighted that GM was saved and seems to be doing well. Fluffing the numbers is what corporations do, as does Wall Street. I agree that we'll have to wait and see how well the IPO goes and how sustainable the post-IPO profits are. People who complain about the GM bail-out need to keep in mind how bad things might have been had GM (and Chrysler) been allowed to fail. I know it's popular to criticize government bail-outs and there is a lot there to be critical of (Wall Street's behavior in particular) but the U.S. auto industry deserved the government intervention it received. If we had not acted then GM's assets would have been liquidated and undoubtedly shipped to China along with all those good American jobs. Say what you want out-loud but be glad that the government saved the auto industry. I wonder how much outrage there would have been had President Obama (or a President McCain) just stood by and allowed GM to collapse?

If this is too political the mods can delete it.