I am not a GM fan (car buyer or shareholder), but it is very easy to criticize an error in a forecast (micro or macro) to make a point and much more difficult to develop a prediction, especially an accurate one about the future.

Mr. Bissonnette, GM is getting money for political reasons, not economical reasons. As long as Mr. Obama and his party are in office, the GM will be kept afloat so that UAW remain a viable organization.

The best I can guess is that GM will finally be gone in the end of 2009. Until then Mr. Obama will keep it afloat.

i wonder how many so called learned economists predicted las year that we would have the recession/ depression that we are now in? a prediction of the future is based somewhat on past history.

with all that cash seems like g.m. cars should be almost free

I have had it with GM shutting down operations in the U.S. and increasing production in other countries to ship cars into the U.S. for sale. We gave them a bail out to created and save jobs not eliminate them. I say that the government and UAW take over GM and fire the board of directors and fritz henderson.

GM's demise has been long overdue. It is about time their dangerous junk gets off the roads.

GM officials should be prosecuted and jailed, they take our tax dollars, then lie and take more with no intention ever of repayment because they will be declaring bankruptcy in the near future.....Their actions are 1005 CRIMINAL....Wake up Obama !!!

@UAW LIVEON
This sort of thing takes time, a year or two. Your expectation of results within less then a year is very unrealistic.

On related note. I am not looking forward to Government Motors or UAW run car company. All I have to do is to look at Soviet cars that I grew up with. I will not buy what you want to build.

I for one refuse to do business with any bank,automaker, or business that has received TARP funds. My Government forced tax donation is enough money contributed to any of them.

Unions are ruining this country.