General Motors seems to be getting into the swing of being a federal government organization. General Motors CEO Ed Whitacre sounds amazingly like an Obama administration appointee. (oh yeah, I forgot, that’s what he is). How quickly they have mastered the art of corrupting “spin” into outright lies! I am sure their automobiles will reflect their new status as a government organization, as well. We can expect new features like engines that refuse to shut down when their work is done and brakes that refuse to work after hours and on weekends and holidays.
Listen to them crow about paying back their government loan in full before it was due, then let Reason TV walk you through the real math. Last, enjoy a rework of the TV commercial the way it would have been had there been any integrity remaining in the once great American icon.
General Motors Commercial Touting Loan Payback
How Did GM Pay Back Its Loans “in Full And Ahead of Schedule”? Well, It Didn’t.
And now for the non-edited version of the GM Commericial:
Spoof GM Commercial Claims They Repaid Loan
