Meanwhile, my team is sponsored by a Thai Beer Company.
Posted on 07/30/2012 8:57:38 PM PDT by Nachum
Yes, General Motors really is giving $600 million to an English soccer club. Actually, as the team involved, Manchester United, is the most valuable team in sports, an investment in the club wouldn't be a bad idea, considering how everything else is going at General Motors. No, the $600 million GM is giving to Man United over the next 7 years is a sponsorship deal. In return, Man United will wear "Chevrolet" on their jerseys and GM will be able to call itself Man United's "global automobile partner." It will immediately have the edge with all those consumers who look to their favorite soccer club for car buying advice.
There is a very good reason government shouldn't bailout failing companies with buckets of taxpayer money. The money simply allows them to keep on making the disastrous decisions that got them to be a failing company in the first place. At least straight-up bankruptcy would have probably rooted out the kind of people who would think spending $60-70 million a year to have your logo on a soccer jersey was a swell idea.
(Excerpt) Read more at breitbart.com ...
The list, Ping
Let me know if you would like to be on or off the ping list
don’t they still owe the taxpayers $40 Billion??
Last week was an article they still owed us $42 Billion.
Just Great...
My tax dollars at work....
The Mayans were right. We’re all doomed 12/21/2012
It just keeps getting weirder, day by day, hour by hour.
Obamadollars? Woot, be joyful - it’s only taxpayer money they are playing with given GM still owes $50+/- billion..... =.=
If this keeps up, we will soon be cooking the King’s deer over burning Volts...
Red paint (plenty of options to achieve there.)
4+ doors
4x4/AWD
Manual Transmission
Box on wheels (minivan, full size van, suburban, station wagon, etc.) body
Turbo-Diesel.
Red paint (plenty of options to achieve there.)
4+ doors
4x4/AWD
Manual Transmission
Box on wheels (minivan, full size van, suburban, station wagon, etc.) body
Turbo-Diesel.
lol.
of course there is no end to the Mayan Calendar... just to dispel the myth
I was trying to decide between a Honda CRV and a Hyundai Tucson, but maybe I better buy whatever my favorite team wears on it’s jerseys. It’s a big financial decision.
Their global marketing chief “unexpectedly” resigned today (or was he pushed?) and it was rumored to be because of this deal.
outsourcing....
Makes sense, Gummit Motors sponsoring a commie sport. Must be nice not to have to pay taxes.
Pray for America
Just wow. The unmitigated gall of “government” spending other people’s money. It is unfathomable to me. It is so easy to spend other people’s money when you didn’t earn it. I find that with employees from time to time, but never on this kind of scale obviously. I get mad at 20 bucks spent frivolously. Reminds me of the GSA partying it up in Vegas.
Go City!
Meanwhile, GM stock is going down the crapper.
Remember the last company that sponsored United? AIG.
Meanwhile, my team is sponsored by a Thai Beer Company.
I might add...
1. It is NOT a Chrysler,
2. It is NOT a GM and...
3. It is not a Ford (which is difficult for me, as I have always been a "Ford guy".
As one who has dutifully bought American cars for several decades, I now decline to spend a farthing on anything that would go toward the UAW (aka Democratic Party).
.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.