I have seen some “”"”STUPID”"”" things in my life but shutting down the construction of the VOLT plant that would actually SAVE GM just blows my mind. A little high speed chicken to the US Congress===or, we dont get our money, we will show you how we FORCE you to give us the bailout freebie money.
GM, you take the cake of complete idiots and with decisions like this, I for one will NEVER EVER BUY anything from a bunch of crybabies pleading bankruptcy while ”’’stopping”” the only plant that gives you a chance of getting GM back into the plug in car business. Have you IDIOTS not figured out we dont want your big gas sucking SUV’s anymore??????

DETROIT — General Motors Corp., anxiously conserving cash so it can keep operating into 2009, said Wednesday it would halt construction of a plant tied to one of its most important projects while the automaker awaits a Washington bailout.

GM said it is putting the brakes on the construction of a factory in Flint, Mich., set to make 1.4-liter engines for the Chevrolet Cruze and the Chevy Volt plug-in electric car.

It’s just one more effort by GM to hold on to every penny possible as it speeds closer to the day when the 100-year-old industrial giant won’t be able to pay its bills.

The company has been scaling back just about everywhere — shutting down vehicle production, ending sports sponsorships, turning off escalators and even cutting back on office supplies — to stay afloat.

GM is seeking up to $18 billion in government loans as it tries to survive the worst U.S. auto sales environment in 26 years. It says it needs $4 billion before this year runs out.

GM board member Kent Kresa told The Associated Press last week that the company might make it into the early part of the first quarter, depending on auto sales, yet GM has several billion dollars worth of supplier payments due shortly after the first of the year, and analysts have said the company probably doesn’t have the cash to pay them

at least Canada can figure out how to move electricity from the wind farms to the cities !! Maybe the Obama group can build lines from Montana and Wyoming to the Northwest and the bigger cities!

Wind power developments planned in Alberta will require $1.83 billion in new transmission lines to connect the electricity to markets, the province’s system operator said yesterday.

The Alberta Electric System Operator is recommending construction of a 240 kilovolt loop system to connect 2,700 megawatts of electricity to be generated by wind farm projects planned for the province’s south over the next decade.

AESO said it expects the system to be built in three phases with the first stage expected to cost $750 million and handle 1,200 megawatts of wind power. The next two phases are estimated to cost $800 million and $280 million, respectively, and will be built when needed.

If regulators approve the proposal, the operator can ask AltaLink, the private firm that operates the bulk of Alberta’s electricity transmission, to build the new lines.