Just call him Mr. GoodWretch.
Posted on 03/31/2009 1:24:52 PM PDT by Zakeet
Edited on 03/31/2009 1:27:16 PM PDT by Admin Moderator. [history]
That's what President Obama is telling American car owners and buyers, making them an offer they can't refuse: If General Motors or Chrysler won't honor their warranties, he will.
Playing pitchman for the ailing U.S. auto industry, Obama on Monday offered guarantees on the warranty of every new vehicle sold by the Detroit automakers during their restructuring efforts. Obama said with additional incentives for new car buyers, the industry could sell an additional 100,000 new cars this year.
(Excerpt) Read more at foxnews.com ...
Just call him Mr. GoodWretch.
They are funding 125% of the projected costs? Is the 25% excess the big new slush fund?
Oh great! I am beginning the second year of a 6 year warranty on my Saturn Relay! Paid $1200.00. Maybe I should try to get a prorated refund tomorrow, LOL!
I’m sure most of the idiots voted him in there...thanks a lot!
Not only do you get what you deserve, but we get what we don’t deserve!
there is now NO WAY I’d even consider a GM or Chrysler vehicle now..although I’ll be in the market to buy a new one about October, my choices are now between a new/used F250 and a new/used Tundra..
Does this mean that the feds will hire auto mechanics at 90k a year, with civil service and a full pension after 20 years, to perform the warranty work?
It’s my understanding that any warranties are from this day forward ... nothing to do with older cars.
I wouldn’t want to buy a used Cadillac from that guy, that’s for sure!
The 25% is Acorn’s “taste.”
Good to know he is up on all the lastest sales projections. Pefect middle manager.
Plain and simple.
now this is government dependence.
vote Obama or lose your warrenty.
....under the government plan, your car is no longer covered if it becomes radioactive......
If the government is going to back the warranties they should bump the
warranty up to 10 yrs./100,000 miles.
See if that won’t entice people to buy.
In 4 years they will have to change the name from Acorn to Giant Sequoia.
Was this spelled out in the TARP legislation, or has this become their personal pool of funds to hand out as they please?
It nauseates me the way we are being forced to fund the political activities of the Left.
Time to buy a Ford...
How much is he now putting the taxpayers on the hook for???
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