Bedford Ramblings
Steve Mills

Does GM's proposal to the State of Tennessee walk a legal tightrope?

Posted Friday, June 12, 2009, at 8:44 AM
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  • From the way I understand it GM wants money to the tune of 200 Million dollars in order to build cars in Spring Hill. Bredesen should have told them they can burn the plant before he hands them 200 Million. Personally I think enough of my tax money has gone to help GM.

    -- Posted by Dianatn on Fri, Jun 12, 2009, at 9:19 AM
  • This is kind of an insult to us the taxpayers since the government already owns a huge percentage of the company and we the taxpayers are the ones already footing their bill and now they want to blackmail us for more? What little sympathy I had for them just went out the door. Unfortunately Obama is not that much different than Bush in that he throws money at the problem in hopes it will solve itself instead of fixing the problem (allow GM to go bankrupt before all the bailouts). One you start getting people and businesses use to handouts, they don't want to actually work to improve their situation.

    But hey, now Congress wants to pass legislation that will dictate compensation pay to all private sector corporations (even ones not receiving bailout money). Slowly government is taking over the private sector and with them also wanting to increase taxes on these corporations; you are already seeing several of these businesses including Microsoft threatening to move jobs out of the country. It is scary to see the direction this country is going and how government is spiraling out of control while Democrats and Republicans bicker on who should be top dog.

    -- Posted by jaxspike on Fri, Jun 12, 2009, at 9:41 AM
  • "One you start getting people and businesses use to handouts, they don't want to actually work to improve their situation."

    BINGO! you nailed that one right!

    -- Posted by Evil Monkey on Fri, Jun 12, 2009, at 11:41 AM
  • I'm glad to see that someone else was as appalled by this situation as I was. I was literally screaming at the TV as I watched this story unfold on the local news. I even rewound it and watched it twice, to make sure I hadn't misunderstood.

    The idea that GM would demand taxpayer money (upfront!) is simply ludicrous. Who's to say that they will even still be around 12 months from now.

    Completelly ridiculous.

    -- Posted by Nobody'sFool on Tue, Jun 16, 2009, at 12:24 PM
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