In December 2008, many Americans were immediately critical of the idea of bailing out General Motors(GM). Their initial proposal asking for $18 billion of taxpayer funds to bailout a company whose total assets optimistically could only be valued at $38 billion and additionally suffering a crushing debt burden of $66 billion defied common business sense. Now those who were susceptive to only labor interest groups and made these faulty decisions should be held accountable to the American public for wasting $25 billion.
