GM...blech

On the heels of an announcements that the US Automakers are getting essentially a free $25 million paycheck to do with what they will...I can only ask, why, oh, why, oh why??? Upon this news, GM's big cheese said the following:

"GM Chairman Rick Wagoner spoke of plans to invest 370 million dollars in a new plant, which will be the exclusive site for production of the gasoline engine or "range extender" for the electric Chevrolet Volt, due out in November 2010."

Really eh?

A. How come you need to build a brand new plant instead of refurbishing/remodeling one of those old plants you've left vacant in the past few decades?

B. This seems totally dubious...so, how much of a "range extension" is this volt going to get? How many mpg are we talking about here? If your talking in the 60mpg range, I have news for you jackass...there are already automobiles that get that kind of range mpg and beyond...so this is hardly a wise, or novel investment/idea.

This AGAIN, proves why the US Automakers deserve to go straight into the ground and go belly-up. They've already stripped away any benefits their retirees get anyway, so going under completely can't hurt the retirees who worked so hard for DECADES for these asshats that much more than their being stripped of benefits they were due already has done.

These people shouldn't get a dime of that $25 million, and the story I read says that automakers like Honda and Nissan will be eligible for a piece of that pie (for some reason Toyota must not be eligible...odd), and I sincerely hope they get every freaking morsel.

This is utter bullshit.