GM "Proud" Commercial

[mustangsallysdad]

Has everyone seen the GM commercial that features Ed Whittaker boasting that GM has repaid it's Federal loan with interest, 5 years ahead of schedule...amazing what a tourniquet can do for a profusely bleeding wound...here's hoping they don't loosen it too soon and end up in the same situation...of course, the Fed still owns controlling interest in GM, so who would we have to blame if it happens again? Ourselves, I guess, since we (tax payers) collectively still own them. Also, as a matter of personal opinion, and as a Ford stock holder, I would like to see Ford drop the Mercury line of products...they've already ceased marketing them for the most part and according to the quarterly report, the market share is such that it doesn't seem feasible to continue to produce them. Of course, I'm not a "Blue Oval" bean counter, so I don't know if or when that will happen. By the way, I saw the GM commercial on HLN (big Robin Meade fan) a full 4 hours ahead of the Fed announcement confirming the pay back.

 

[955er]

Look closer. The problem is that they are paying it back with taxpayer money. Additionally, GMAC is nowhere close to, and likely will never pay back all the tarp money they took.

This is just propoganda so that GM can start issuing stock again.

 

[mustangsallysdad]

Look closer. The problem is that they are paying it back with taxpayer money. Additionally, GMAC is nowhere close to, and likely will never pay back all the tarp money they took.

This is just propoganda so that GM can start issuing stock again.

Oh, I know that...I just find the "spin" that GM placed on that fact amusing. In fact, my part of the post regarding GM was typed with the utmost of sarcasm in mind.

 

[bp fick]

Don't drive GM. However, I do wish them the very best. They need to come back, and as Americans, we should wish them the very best. (My "vote" would have been to let them go away a year ago.) But now, I find the commercial a reasonable attempt at saying to their consumers, "you can buy a car or truck from us." Nothing wrong in that. They will need all the salesmanship they can muster. BTW, Toyota's "feel good about us and commitment to safety and to you" is virtually the same, and for the same purpose. I'm fine with it. Want to talk about catheter ads? Now, those disgust me mostly. I'd watch the GM ad 10 to 1 over that stuff.

 

[oldnslo]

Problem with the ad is that there are "LOTS" of people that will take this at face value and think, hey this is great so the NEXT time we have to bail them out it will be even less fuss and concern.

The wall street mess and Auto mess is FAR from cleaned up and "we" the tax payers are going to paying this bill until we die....

Roy

 

[ToadHill]

I've bought my last GM and Chrysler product. I told the wife next car for her, when her Caddy gives out will have to be a Lincoln, ( that woman likes the comfort of heated seats in her old age.) I've owned Ford trucks for more years than I care to count and they have always been very reliable.

No matter what GM says or how much they tout themselves for paying back this loan, I always will remember the company that made poor decisions to get them in trouble to begin with. They were too inbred, car guy hires car guy hires car guy etc. They need to get some blood from other industries in to get a new perspective on how to do things.

Just my opinion.

 

[mustangsallysdad]

Problem with the ad is that there are "LOTS" of people that will take this at face value and think, hey this is great so the NEXT time we have to bail them out it will be even less fuss and concern.

The wall street mess and Auto mess is FAR from cleaned up and "we" the tax payers are going to paying this bill until we die....

Roy

Agreed...there seems to be this mass thinking in this country; if it was seen on TV, in the paper, or on the Internet, it just has to be a fact. No allowance for the "spin" each media outlet has placed on the story under their Constitutional protections...even on TBN it seems that everytime someone wants to lend credibility to their opinion or story they post a link to Wikipedia or some other internet resource...the media has become the "darling" of big business and politics...in my opinion, the media has become the trailer park of the new millennium.

 

[beenthere]

I think the hype is all smoke and mirrors. Trying to make the public feel like the Gov't can fix anything (warning to me for what is going to come).

If it were not for the inflated payments to GM employees doing nothing for their pay, there would be no need for the taxpayers money to support them. Should fail if the company can't make money on their products.

I have driven GM (on my second Trailblazer) and they have a very competitive product. I too have bought my last GM product. No more from Government Motors for me.

I just hope the 2009 TB performs as well as the 2001 TB that I drove 160,000 miles with zero trouble and near zero maintenance (other than tires and one thermostat).

 

[dmccarty]

resource...the media has become the "darling" of big business and politics...in my opinion, the media has become the trailer park of the new millennium.

The "media" has always been the media. If anything the "media" is better today than yesterday. I know that is hard to believe. :laughing:

The difference in today and yesterday is that many decades ago you had multiple newspapers in a city so you got different viewpoints. If you wanted a different viewpoint. But then the papers merged so you only had one paper in an area. Now the papers and magazines are disappearing and we have the Wild World of the Web.

But at least on the WWW we have different opinions and we are not stuck with the trash that our local media monopoly throws at us. We now have choice.

Later,
Dan

 

[jinman]

Seems to me that I remember GM going bankrupt and liquidating. My shares of GM stock sold for pennies on the dollar while my Ford stock soared. GM may have paid back some of it's gov't loans, but they haven't paid me back my loses and never will. I'm insulted everytime I see the new GM commercial. Through all this time, Ford has rewarded their shareholders greatly by thier decisions, and even to a lesser degree, so has Toyota since their stock has risen in recent months. It will be a long time before the bitterness in my mouth with GM goes away. This commercial ain't doin' it for me.