Comments on: GM: May the Most Misleading Car Company Lose http://www.yobyot.com/cars/gm-may-the-most-misleading-car-company-lose/2009/09/13/ You know you heard it here first Thu, 28 Jan 2010 17:49:50 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Scott Wertel http://www.yobyot.com/cars/gm-may-the-most-misleading-car-company-lose/2009/09/13/comment-page-1/#comment-9016 Scott Wertel Mon, 14 Sep 2009 14:25:58 +0000 http://www.yobyot.com/?p=581#comment-9016 The most interesting part about the whole Government Motors initiative is the voice of the common man. When the proposal for the US Government to finance GM was made, voters raised their voices against this "knowing" full well we taxpayers would never see the money again. Yet, our elected representatives who apparently know more than the common man voted in favor of the bailout. As a matter of fact, forced the bailout money onto all organizations - even the ones who didn't need or want it - so it didn't appear that only a few large companies were in trouble. Now we are at the point in time were speculation is being made public by analysts stating that the automakers will never be able to repay the taxpayers. Where is the public outcry now? Why isn't there more noise being made and why are elected officials being recalled for taking such a poor action? The most interesting part about the whole Government Motors initiative is the voice of the common man. When the proposal for the US Government to finance GM was made, voters raised their voices against this “knowing” full well we taxpayers would never see the money again. Yet, our elected representatives who apparently know more than the common man voted in favor of the bailout. As a matter of fact, forced the bailout money onto all organizations – even the ones who didn’t need or want it – so it didn’t appear that only a few large companies were in trouble.

Now we are at the point in time were speculation is being made public by analysts stating that the automakers will never be able to repay the taxpayers. Where is the public outcry now? Why isn’t there more noise being made and why are elected officials being recalled for taking such a poor action?

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