GM To Exit Bankruptcy

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Uploaded by on Jul 9, 2009

U.S. automaker General Motors is emerging from bankruptcy as a leaner company after five weeks of reorganizing. CBS News business correspondent Anthony Mason reports.

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  • Fifty billion would buy a lot of health coverage for a lot of people wouldn't it. Instead it is squandered on a failing auto manufacturer and it's union workers who have some of the best health care insurance and benefits in the world. Plain and simple, this is about Obama repaying the UAW for their support in the election. I see the same old game of politics being played here.

  • Is it just me or are the politicians really that dumb? The government has dumped billions into GM and yet they are still trying to figure out where to get money to pay for the health care bill! Please tell me that my dumb ass isn't the only person that can add 2+2 to get 4. The government now will own the majority of the largest auto manufacture in America and they want to raise my taxes to pay for someones health insurance? What are the Democrats planing to do with with 61% of the profits?

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