Boycott GM and Chrysler

Author: Rory B. Bellows

No freedom loving person should ever purchase a car from these companies again. Under the Obama regime’s new central planning scheme the government will now own 50% of GM with the UAW getting 39%. Under a new restructuring plan, the UAW will own 55% of Chrysler.

There aren’t two more failed entities in this country than unions and government, sometimes it’s hard to tell which has been the more destructive force in American life, and now they own the majority of two car companies. This is an insult to free markets and the American investor. In the GM deal unions now own nearly 40% of the company despite holding 10 million dollars in bonds. Investors own $27 million in bonds but now get only 10% of the company. Only in Chairman Obama’s warped world is that viewed as an acceptable solution.

Boycott GM and Chrysler.

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1 Response to “Boycott GM and Chrysler”


  1. 1 Loyola June 7, 2009 at 4:22 pm

    It’s easy to tell your Congressional delegation that you will boycott GM and Chrysler, http://www.rallycongress.com/boycott-general-motors-and-chrysler/2001.

    If you prefer, create your own free petition at http://www.petition2congress.com or use the first free month at http://www.rallycongress.com like I did.


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