Obama Motors
Barrack Obama's Government Ownership of General Motors
Since the US of A is the largest investor in General Motors, and has controlling interest of the company, do we have anything to worry about now that GM just got out of bankruptcy?
The local, county, state, and federal governments all buy a lot of vehicles. When was the last time you saw a police cruiser that was not a Ford Crown Victoria or a Dodge Charger? How much pressure might Obama put on lower levels of goverment to buy his brand of product?
I do not think it is unrealistic to think that since our government owns General Motors, the brand of choice for the new administration will be GM.
Why it could happen:
If I owned a large amount of stock in one particular auto maker, I would definately make an effort to own that brand’s products. I would encourage my extended family to buy that brand’s products, and I would hope that I am helping the financials of the company by doing so. I think that is the same philosophy that the US will start to use in the near future.
Related posts:
- GM to Close Thousands of Dealerships Lots of employees at GM Dealers are looking for work...
- GM to File for Bankruptcy According to several sources, General Motors will be filing for...
- Cash For Clunkers Program Info http://money.cnn.com/2009/05/05/news/companies/cash_for_clunkers/index.htm?postversion=2009050518 Cash for clunkers’ program gets a makeover – May....
- Bad Credit Auto Loans Made Easy WA Auto Credit is different than those other auto loan...
- Car Allowance Rebate System | CARS Program Info President Obama signed the long awaited Cash for Clunkers...
Related posts brought to you by Yet Another Related Posts Plugin.
Subscribe to Our Newsletter!
Tags: 2009, auto, bankruptcy, car, Chrysler, Credit, Dodge, financial, Ford, general, general motors, GM, loan, loans, Obama, stimulus, vehicles, Washington