GM Declares Itself Essential to World As We Know It

Scott Reeves  Nov 17, 2008 2:40 pm

GM Declares Itself Essential to World As We Know It
 
New ad campaign threatens US collapse would follow GM collapse.
 

 
If General Motors (GM) marketed cars with the same smarmy skill it shows in begging Uncle Sam for a handout, it would kick the Japanese automakers back across the Pacific, and its stock price would be in triple digits.

GM’s message is simple: A $25 billion loan now will save a $398 billion hit to the US economy over 3 years.

Maybe, but the 3-minute and 57-second video, featuring stark images and starker captions, certainly makes you question GM’s assumptions. The video includes what’s no doubt intended to be a haunting musical soundtrack and -- this is the real grabber -- no spoken words.



Mr. Goodwrench, where are you?

But the message is clear: Without the bailout, kittens and children won’t live up to their potential, retirees will continue to go bald (and maybe will starve) - the result will be nothing short of apocalyptic for the land of baseball, hot dogs, apple pie and Chevrolet.
“Think a collapse of the US auto industry will just affect Detroit and the Midwest? Think again,” a panel reads.

A mere 0.3% decline in GDP has gotten us into the current economic mess; the video invites viewers to contemplate the desolation let loose by a 4% decline in GDP caused by losing the domestic auto industry.

But that assumes that GM can’t reorganize in bankruptcy; instead, it’ll just turn off the lights and sells everything at pennies on the dollar.

That’s a fate more frightening than Japanese quality control, and would pose a major threat to national security: There’s even a video sequence showing production line churning out tank turrets, just the thing for taking on terrorists in Lower Manhattan.

A following panel warns, “Collapse is imminent if we do nothing.” The video ends by urging viewers “to call or write your member of Congress now.”
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Comments (21) See All Comments »
11-18-2008, 2:27 pm
people will live without the uaw.....many people in line to assemble and sweep floors for less money...who needs to pay there pension and healthcare with bailouts from the people.....i work for mine...crybaby uaw
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11-18-2008, 9:08 pm
>Japanese auto industry after WW2. They're as close to being
>American as any other American company who offshores everything
> -which is every American company. I don't see the issue.

Amen! I see that F
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03-13-2009, 4:30 pm
Amazing the way some people think, instead of requiring the Japanese auto companies to pay their workers a fair wage you want to lower yourself to their thinking by wanting to lower the fair wage being administered to American workers at American aut
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03-13-2009, 4:39 pm
This shows how little you know about pensions. I, a UAW worker have paid into MY pension for 32 years. This isn't a company give away. I have done the exact same thing you claim you have done so in calling me a cry baby you are also calling you
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03-13-2009, 8:55 pm

"requiring the Japanese auto companies to pay their workers a fair wage"

What a great idea.

Why don't we require this same thing of the Mexican government, the Chinese government, the Arab governmen
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