Your not an idiot Takeda - just you said something that wasn't factual and I think the record ought to be straight. Facts mean something.
GM currently - is going good. Question is, how long? Will it stay that way, or fold again soon?
The idea of capitalism is that a company lives - and dies - on its own merits and abilities. Ford didn't need a bailout - so it is playing on what is technicaly an unlevel playing field. If someone gave Ford 50 Billion for free, I would bet they would be doing fabulous for a while too.
5 -10 years from now will determine the historical view of GM. Until then, the question remains - did we bail out something only to see it fail again?
Like you were - I am against bailouts - let market capitalism work.
As I said - I work for a bank. We didn't get a bailout. We are growing - majorly - because we offer good products and make good business decisions. Thats how capitalism is supposed to work - reward those who offer what the consumer wants and neds the best.
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Good Hunting!
Captain Haplo
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