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Bin Laden is dead, and GM is the walking dead

Bin Laden is dead, and GM is the walking dead

On GM, Dems have a simple lie, we have a complicated truth

“Bin Laden is dead and GM is alive.”

The Dems have simplicity and a bumper sticker.

The truth is that Bin Laden is dead, but GM is the walking dead.  That second part takes more than a few words to explain.

The editors of National Review do a very good explanation, here is part of it, The Democrats’ GM Fiction:

Admirers of the GM bailout should bear in mind that it was the Bush administration that first decided to intervene at the firm, offering a bridge loan on the condition that it draw up a deeply revised business plan. President Obama’s unique contribution was effectively to nationalize the company, seeing to it that the federal government violated normal bankruptcy processes and legal precedent to protect the defective element at the heart of GM’s troubles: the financial interests of the UAW. It did this by strong-arming GM’s bondholders into taking haircuts in order to sweeten the pot for the UAW. The Obama administration also creatively construed tax law to relieve GM of tens of billions of dollars in obligations….

Mitt Romney’s proposal for a structured bankruptcy would have necessitated considerable federal involvement, too, but with a key difference: The UAW contracts would have been renegotiated, and GM’s executive suites would have been cleaned out, placing the company on a path toward innovation and self-sufficiency rather than permanent life support. Which is to say, Obama did for GM what he is doing by un-reforming welfare: creating a dependent constituency.

The post goes on to explain why GM is the walking dead:

At their convention, Democrats swore that GM is “thriving,” but the market doesn’t think so: GM shares have lost half their value since January 2011. And while the passing of the Great Recession has meant growing sales for all automakers, GM is seriously lagging behind its competitors: Its sales are up 10 percent, a fraction of the increases at Kia, Toyota, Volkswagen, and Porsche. With its sales weak, its share price crashing, and its business model still a mess, some analysts already are predicting that GM will return to bankruptcy — but not until after the election.

There is a reason the Democrats harped on their simple little lie.  It’s called Ohio.

I’m not sure how we get the truth out in a way that can compete with a lying bumper sticker.

I think the only way is for Romney to have a concise, 4-5 sentence explantion for the debates.

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Comments

“I think the only way is for Romney to have a concise, 4-5 sentence explantion for the debates.”

I agree and this is right in Romney’s business wheelhouse, so I believe he will nail it.

Brian Terry is dead and Chrysler is Italian.

TrooperJohnSmith | September 10, 2012 at 10:15 pm

And as mentioned Drudge, today… GM loses $49KUSD per vehicle, which may be a low estimate when you factor in the sweetheart lease deals.

http://www.reuters.com/article/2012/09/10/us-generalmotors-autos-volt-idUSBRE88904J20120910

“Yeah. We has became da Chicago States ob America.”

Let’s see, they’ve got this bumper sticker which is untrue. They’ve got the race card. And rich people need to pay their fair share. We should be up by 10 points in every poll, no matter how much they stack it.

This is the most vapid campaign I’ve ever seen and we have a guy who still thinks Teh Won is a nice guy. *double facepalm*

Bin Laden is dead and GM is bleeding profusely.

    pilgrim1949 in reply to Abe Froman. | September 11, 2012 at 9:19 am

    Parallels my thoughts. This doesn’t fit on a bumper sticker, but simply hooking up more units of blood to transfuse while steadfastly refusing to address a gushing, severed artery is a tad counterproductive.

How ’bout this for a first cut?

Bin Laden is dead and GM is dying.
Again!

It needs work, but IMO the essential message is that GM is not in sustainable condition despite all the taxpayer money given to it.

Bush set the stage to get bin Laden
Seals took the risks
Obama took the credit

GM bankruptcy would have strengthened GM by trimming fat
Obama intervened and bailed out his fat union friends
GM is failing again, but Obama’s buddies are fatter cats

I remember reading Romney’s proposal in an editorial back in 2007 or maybe early 2008. Had that path been followed, no taxpayer dollars would have been involved and restructuring would have followed established bankruptcy protocols.

After GM emerged from the O’bammy process, it’s management was just as arrogant, non union employees took it in the shorts regarding their pensions/benefits along with the taxpayers while the UAW kept their goodies not to mention becoming a large shareholder in the company.

This is purely upside down logic at its best. And this “best” is not OUR interests…

Maybe it’s because I work in advertising and do this kind of thing every day, but this feels more like a first grader’s homework assignment than a serious communications challenge.

When you are part of a cult, all you need to know is what is on the bumper sticker.

Bin Ladin is dead ; GM is in a glass , Lenin , formaldhyde filled casket.

    A Ps comment brought on by several other posts inc. pics of O drinking , smoking. We all know he still smokes (the pravda / isvestia media cover all this type crap up). What if he is , or is becoming a drunk? If he is , you know he’d be a mean one exacerbating his already homicidal tendancies. (I wont go to checking Michelle for bruises.) A number of the Commie-tariat inc. Mao and the squatty , pot belly Korean progenator fella , Kim Ill Sung were drinker , smokers. In the age of Harry the Pederast , prove me wrong!

JimMtnViewCaUSA | September 10, 2012 at 11:27 pm

Not to go all tin-foil-y, and probably he is dead, but…exactly what proof has been offered by Obama that Bin Laden is dead?

If Bin Laden had a stronger union that contributed to Democrats, he would still be alive.

Biden is merely leaving off the rest of the sentence

Bin Laden is dead, GM is alive… and now both are under water

The message on GM is pretty simple. Dems claim to be the party of private choice, but you have no choice. If you refuse to buy GM cars, you will still have to pay for them, and then you won’t even get to own it. It will rust unused on government lots.

Solyndra is dead, GM is dying.

Not A Member of Any Organized Political | September 11, 2012 at 1:48 am

FYI

Obama Cooked GM’s Goose – the GM Goose is Dead and Cooked!

Major GM stock holder Lawsuit Action against GM – claims GM made “materially false and misleading statements” in their IPO (intial public offering) of their stock in the newly re-structured GM – after government take bail out.

1. This is a securities class action on behalf of all purchasers of the common stock of GM pursuant in or traceable to the Company’s November 18, 2010 initial public offering (the “MO” or the “Offering”) pursuant to the Securities Act of 1933 (the “Securities Act”)
2. Defendants made materially false and misleading statements, and failed to make subsequent disclosures to make the earlier statements not misleading, related to GM having strong inventory controls in place at the time ofthe IPO.
3. In connection with the IPO, and in order to assuage concerns that GM was predicting revenue based on production rather than actual sales, GM falsely assured investors that it was actively managing its production by monitoring its dealer inventory levels. Additionally, GM assured investors that in 2011 it would improve inventory management, which would improve average transaction price.
4. These statements were false when made. In July 2011, reports began to surface that GM had engaged in an extraordinary inventory build-up. In particular, an article published by Bloomberg on July 5, 2011 revealed that GM may have been unloading excessive inventory on dealers, a practice known as “channel stuffing, in order to create the false impression that GM was recovering and sales and revenues were rising. The Bloomberg article stated that GM’s truck inventory swelled to 122 days worth of average sales whereas, by comparison, GM’s less profitable car inventory was limited to 60 to 70 days of average sales, Ford was maintaining only a 79 day inventory on comparable trucks, and GM’s truck inventory during the years 2002-2010 had similarly averaged only 78 days of average sales. By November 2011, GM dealer inventories were 30% higher than they were on September 30, 2010 (the end of the last full quarter before the November 18, 2010 IPO) and 62% higher than they were at the end of 2009.
5. During the three months following the Bloomberg article, GM’s share price fell from more than $31.00 to below $20.00, far below the IPO price of $33.00, and continues to trade around $20.00 today.

http://sdnyblog.com/wp-content/uploads/2012/07/12cv5124-Scott-v.-GM-et-al..pdf

If the PDF file doesn’t load you can read the contents in the first comment on this following web site.

Replacement bumber sticker: “Bush Lied – Bin Laden Died”

Oh no, wait….

Bush said we’d get Bin Laden “Dead or Alive”.

Such a dillema…. A Bush promise fulfilled after he left office, but ensured by actions he took while in office.

Unlike the economy, Obama will take credit for this one.

The idea that GM is “coming back” is obviously false: their market equity has lost half its value in 18 months.

Bankruptcy would have modified the union contracts to something sustainable, and probably cleared out a lot of the management which yet remains.

However, it is not correct to say, “GM loses $49,000 on each Volt sold.” It’s just not true. That takes all the R&D costs which had mostly been incurred before Obama nationalized the company, and sets them against current profits on units sold. So the only way the statement is true is if GM never sold another.

The Volt will end up a huge loser, but it is the product of a lot of revolutionary engineering. And the knowledge gained will carry forward into many other models.

    Browndog in reply to Estragon. | September 11, 2012 at 7:50 am

    However, it is not correct to say, “GM loses $49,000 on each Volt sold.” It’s just not true. That takes all the R&D costs which had mostly been incurred before Obama nationalized the company, and sets them against current profits on units sold. So the only way the statement is true is if GM never sold another.

    Absolute BULL.

    I don’t have time–or the room–to post all the links, but this “R & D” cost factor the dems are using to discredit the Reuters report is a red herring.

    What I can tell you is that R & D for the Volt started in the mid-90’s, and as the Volt was set to go into production, it’s sticker price was to be set at $60,000, and it’s cost to build was (estimated) to be $89-$120,000 above the sticker.

    Somehow you take the word of a company that can’t even tell the truth about how many units have been sold.

    (removed from factory lot=sold)….Obama math.

So… wait, corporations are people?

So corporations can’t be alive, then, right Lizzie?

After all, Mitt Romney’s the guy who said corporations are people. No, Governor Romney, corporations are not people. People have hearts. They have kids. They get jobs. They get sick. They thrive. They dance. They live. They love. And they die. And that matters. That matters. That matters because we don’t run this country for corporations, we run it for people.

    Henry Hawkins in reply to lori. | September 11, 2012 at 9:55 am

    Please identify one corporation that exists without people.

    Ignorant in reply to lori. | September 11, 2012 at 2:54 pm

    Corporate Law is what says a corporation is a person. Of course, you’re trying to make it sound silly, but from a legal standpoint it isn’t. It’s more a simile than a metaphor. Like a person, a corporation lives beyond death, if the creator so wishes.

    Corporations predate the founding of the US, and obamney.

    Corporations have profit as a motive, so they don’t necessarily care about people, though they have and can. Government is no different – it has a profit motive – in spite of what it pretends. Government is a lot like its citizens in that respect, though citizens can and do show mercy. The job of government is to temper corporate profit motive with justice, but instead it has unsurprisingly refused to prosecute that to which it has prostituted itself. Fascism reigns.

    If the US is run for and about people, why do you sacrifice our children to molech, why has the government promised some $80,000,000,000,000 ($80 Trillion) in benefits to the baby boomers – a sum it can’t possibly pay in value? Why do you fill the culture to the brim with lust, and why are your families smashed into bits? Why do children that are lucky enough to not be murdered before they are born get a public education that only rivals the outcomes of third world countries? Why do you worship your pop tarts, and fawn all over the most hideous behavior imaginable? Why do you think that you can spend your way to prosperity, collecting so much crap that the storage unit business has boomed just about every year for several decades? American Idol is aptly named. You’re surrounded by them – both living, dead and in-between.

    Name one – any – government entity and I’ll show you in turn, bloated budgets, twisted agendas, and epic mission failures that make your sloganeering about how it’s “for people” look like a pitiful dirge.

    Casey in reply to lori. | September 12, 2012 at 12:19 am

    A corporation (look up the etymology of the word) is a person, not a “people;” a human being.

    A corporation’s legal existence as a person ensures legal accessibility.

    Pretend your fantasy becomes true, and corporations are no longer persons. This means they no longer exist in a certain legal sense, and there is no person to cite in a complaint in court. That is, there is no one to sue.

    Is that what you want? Really?

I haven’t read thru the comments, so I apologize if this is redundant……

One way is to create a bumper sticker that says:

“Osama is dead and GM is the LIVING dead” with zombie GM guy image on the side….

Or perhaps another twist:

“Osama is dead, but GM is ALIVE!” with a zombie GM image.

Zombies speak to the young and lefties these days, for some reason. Use their own words and wrap them around their throats…..with a bit of a play on words, and some youthful imagery.

Speaks more than 1000 words……. 😉

#1, Osama is dead and #2, G M is on corporate Welfare.
#1, Thank you Seals and #2, Thank you Obama!?

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