GOP ready to close DC purse for GM

And, I think they’re right. Forcing GM to file bankruptcy is probably the best way of getting a firm handle on government money going to it.

On the other hand, some Rethugs, like Dick Shelby (Sen-Antilabor) have their own agendas, in fearing what could happen without a guided bankruptcy:

“Short of that, the UAW will run those (Big Three) companies and run them into the ground.”

Of course, you know, that’s another way of tackling the bank “nationalization” issue, too! Because, short of that, the insider reinvestors Treasury Secretary Tim Geithner is trying to line up will run them into the ground.