Before it gets too deep in here, a note

The Deal That Saved Detroit and Banned Strikes » Counterpunch: Tells the Facts, Names the Names

To review: in the fall of 2008, President George W Bush announced a $17.billion loan, split into $13.4 billion at once and another $4 billion in February. The billions for Detroit were tied tight with all the string that had not been attached to the trillions simply given away to Wall St.…

I was, and still am, a supporter of bailing out the auto companies, not only to save the skins of Chrysler and GM but also to save the vast ecosystem of manufacturers contributing to that enterprise, but the rescue came at an enormous cost to auto industry workers in the U.S. Read the story linked above for more.