Oh I agree with that JB. But had you bought stock in them you would have more than earned that tax money back.
WE can't afford to lose one let alone BOTH of these industry giants. It's bad enough we are losing our scientists and engineers because they can make more money in business or law. Meanwhile China, Japan, and India are pumping out scientists, engineers and programmers.
The US as a whole needs to wake up before we become the largest third world country. This isn't just a Ford or GM thing, this is a US as a whole thing.