If The Government Ends Up Owning 70% Of Gm, Does Every Taxpaying American Get The Employee Discount?
January 15th, 2010 Posted in GM
Our tax money is bailing out GM and buying their bonds to the tune of 70% ownership in the company. So we the taxpayers own GM. It would seem to reason that we should qualify for the Employee Discount on all GM products since “We the People” are the owners. Am I right?
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January 15th, 2010 at 2:21 am
We should get a discount, you are right. All it means is that the gov. will make GM produce vehicles, they want. Small, fuel efficient hybrids
January 15th, 2010 at 2:21 am
GM products are already cheap. Easy finance too. What’s the matter, don’t you like socialism?
It works like this: Cerebus Capital gets the bail out, we get the debts. Isn’t it fun?
January 15th, 2010 at 2:21 am
If this is true, you will have to pay the money they lose on the discounted sale. So in the end it doesn’t matter.
January 15th, 2010 at 2:21 am
The shareholders bills: don’t hold your breath waiting for your dividend cheques.
January 15th, 2010 at 2:21 am
good news, yes. Bad news, the cars go up in price 200%!!
January 15th, 2010 at 2:21 am
No. But we get to pay the bill!
January 15th, 2010 at 2:21 am
dude, they run those deals all the time anyway