Friday, April 3, 2009

Talk about a lemon

Wow.
Thought I'd post some snips from this Morning Bell article:
As great of a lawyer, community activist, and law professor as President Obama may have been, when has he ever run any company or come up with a single business plan. Now he’s running General Motors? But Obama didn’t stop at auto company CEO:
No one can deny that our auto industry has made meaningful progress in recent years.
Some of the cars made by American workers are now outperforming the best cars made abroad. In 2008, the North American Car of the Year was a GM. … just in case there are still nagging doubts, let me say it as plainly as I can –- if you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired, just like always. Your warranty will be safe. In fact, it will be safer than it’s ever been. Because starting today, the United States government will stand behind your warranty.
Did we elect a president or a car salesman? Problem is, when we let the government become a market participant, there is no difference. Hence the slew of other incentives Obama threw at the auto industry.
I agree with Heritage and Governor Romney: bankruptcy is the best policy for these automakers.

All your cars are belong to us.

Now the bastion of timeliness, personalized service, and quality known as the Federal government stands behind (and will administer?) your GM warranty. How much is that going to cost us?

What about my Toyota? Sure, it's a foreign auto maker, but Toyota has 13 manufacturing locations in North America and directly employees over 36,000 individuals in the US. I'd like my warranty to be "safer than its ever been" ... Right?

No, not really.
I'd like my government to keep out of corporations, especially to this degree.
White House tour, anyone?
From McClatchy.

No comments:

Post a Comment