Forbes: GM is heading for bankruptcy again

Not before the election, but soon.

via Dr. Zero, who has excellent comments, including "The exact degree to which the rest of us got soaked so Obama could give GM to his union allies changes constantly as the value of the stock held by We the People fluctuates.  You don’t remember being asked if you would like to become a GM stockholder and willingly accept massive losses to protect highly compensated union jobs, do you?"

Can't wait til he applies the GM model to every industry.