Government Motors, ctd.

Who says Congress is all talk and no action?

A majority of House Members have now co-sponsored a bill to reverse those components of the GM and Chrysler bankruptcies (or, as is increasingly obvious, “bankruptcies”) that apply to dealers. The practical effect would be to reverse or prevent the vast majority of dealer closings that were a key component of the auto restructuring plans. This seems only fair, as the dealers paid good money for these politicians.