Friday, May 7, 2010

Did GM really pay back the government (us)?

By now you have probably seen the ridiculous GM commercial claiming to have paid back the government (taxpayers) the loan they took. Here's the commercial if you missed it.

Well, as you should have suspected, the claim to have paid back the government isn't quite true. In fact, it's a crock. See this spoof that explains how-

As a long time Chevrolet enthusiast it pains me to abhor General Motors. The company that gave us the greatest American cars in history is no longer worthy of any kind of support.

Hat tip: Stephanie Williams


Woody Woodward said...

Gosh, wished you wouldn’t have shared that? And just when I was feeling Okay about GM and for the first time in over 13 years, buying a new GM car! I probably should have stuck with Ford. Speaking of Ford, do you, or maybe some Reepicheep readers have some truthful info on what they are sharing about their booming sales and how much money the company is now making?

Rick Calohan said...

It pains me that should I have to buy a minivan in the near future the only American name minivan to buy is Dodge/Chrysler since Ford and GM have stopped making them. I have had three cars, a 1980 Ford Granada, a 1986 Ford Thunderbird, and my current 1999 Saturn SW1 station wagon. It pains me that the UAW has forced the hand of GM and Chrysler who in turn under TARP turned to the Government for a bailout and Chapter 11 protection. It pains me that the only American automotive company not to take a Federal bailout or declare bankruptcy, Ford, no longer makes minivans.

Reepicheep said...

No worries Rick, Buy a Toyota Minivan. They're built right here. The re-call crap hasn't applied to them. We've had two Sienna's they're awesome.

John D. Chitty said...

How disappointing! It's as if you can't even trust what they tell you in commercials anymore! What is this world coming to?

My wife and I resolved that our next car would be a Ford because it was our understanding that they refused any bailout money.