GM-Chrysler merger could be imminent

Of course, it’s wouldn’t really be a merger, as the giant sick zombie that is GM would be absorbing a comatose has-been. The WSJ says half of Chrysler’s plants would be closed, with as many as 200,000 jobs lost.

It’s difficult to see how Detroit recovers from this. Unemployment there already is near 10%.

Tell me again, why is the US government giving the auto companies billions of dollars?

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