GM-Chrysler merger spinning its tires

This talk of the merger has saturated so many auto sites that it seems like it is becoming the great big unicorn in a room filled with cash-starved elephants. Experts say both companies need to consider such a severe move as a way to stop the spiral of cash burning. GM has only about $21 billion in cash and Chrysler has $11 billion, although most of that was borrowed.

Let's face it, folks. Mergers normally occur between one large and successful company taking over another company that is decently off but smaller. It very rarely happens where two sinking ships decide to put together their buckets to stop the water from drowning them, especially considering that normally sinking ships happen anyways because of the captain's poor planning and organization. So....when you consider that all of the things like brands that will need to be dissolved that may not necessarily be needed and an even more radical move, to the fact that the UAW will go apeSH#! over this move, and then combine the already credit-crunched financing that would be doubtful to go through, and the deal seems more and more likely to be just a bunch of words.

What's GM's best option right now? Bankruptcy. I know the B word is something that people don't even want to think about, especially in a situation with an icon, but it's the rock bottom to start its way back up. It's just an opinion.

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