Sunday, March 08, 2009

McCain: GM bankruptcy not so bad

Sen. John McCain (R-AZ) appeared on Fox News Sunday and said that bankruptcy would not be so bad for General Motors. It would be able to renogotiate its labor contracts, and come out, in McCain's words, "leaner."

He's right.

Technorati tags:

1 comment:

Levois said...

Yet they wanted a bailout. That may not have saved them