Talk of The Villages Florida - View Single Post - Government Motors / General Motors?
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Old 08-27-2011, 07:12 PM
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Quote:
Originally Posted by buggyone View Post
I would think anyone would be upset that their "old" GM car was not covered by a "new" GM warranty. That was a few years ago, though, that the TARP plan happened. It was December, 2008 so most warranty items would not be covered anyhow - I would think.

The GM TARP (bailout) was something that George Bush did on his watch as President. Very good idea in my mind, too. http://money.cnn.com/2008/12/19/news...isis/index.htm

It would be been disasterous to let GM and Chrysler fail.
Obviously if the warranty claims were outdated this would not be a story and so your supposition must be flawed.

I'm glad you think that government should bail out business. Businesses that make the correct political donations, anyway (wink, wink)

Businesses that employ the right Union Labor (wink, wink)