Wednesday, May 27, 2009

I am a GM owner.....

Great, so the US government is going to end up owning around 70% of GM as part of their bankruptcy settlement. Fabulous. Does that mean anyone will be able to get employee pricing on a GM now? I sure hope this goes as well as the British takeover of British Leyland. That turned out great, just ask anyone who owns a new Triumph, MG, Original Mini, Morris, Austin, Rover, Riley, Austin-Healey, and Wolseley. What? There aren't any of these new cars? Why? Because British Leyland pretty much went belly up after the government bailout and all the above marks where split up and sold off. So say good by to even more of our tax dollars as they are flushed away into helping an obsolete company try to stay afloat.