Not only did BIG OIL fuck the car companies over, they fucked all of us over. Let this be a lesson to the American people.
If the shareholders as well as GM are taking money from the federal government, it is the job of the government to tell them what to do. You don't get a free lunch without giving something back and obviously what GM and Chrysler were doing is not working.
I'm not defending the unions as I was a union worker myself. I hated working in one because I saw how unions often protect the scum that don't want to work instead of tossing that dead weight out the door. Unions also need to government regulation as well.
Oil companies don't care about anyone nor the environment and like most corporations, put PROFIT above anything else. They like WALL STREET, need to watched and controlled.
What has happened is the result of conservative/corporatist policies that have benefited the top 1%, while systematically destroyed the lives of the other 90%.
The dawn of clean energy, electric vehicles, and healthier environment is here.