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Conspiracy theory of the week
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Did the White House fake out Gettlefinger? Get him to turn down a somewhat unattractive deal from Corker by signalling that they were ready to tide GM over, and then pull the deal? I don't know that bankruptcy will destroy the UAW, but they probably won't have a lot of members and money left to campaign for Democrats in 2010.
What remains to be seen is whether GM really can't make it to January 21st without a cash infusion, or whether that was just a negotiating tactic. I tend to think they meant it, but these sorts of pleas are usually exaggerated to get the best possible deal, so it's impossible to know.
What remains to be seen is whether GM really can't make it to January 21st without a cash infusion, or whether that was just a negotiating tactic. I tend to think they meant it, but these sorts of pleas are usually exaggerated to get the best possible deal, so it's impossible to know.
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