Full Faith and Credit

Gubermint Motors

 

U.S. will guarantee GM, Chrysler warranties, Obama says

“Let me say this as plainly as I can. If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always,” Obama said in a speech. “Your warranty will be safe. In fact, it will be safer than it has ever been. Because starting today, the United States will stand behind your warranty.”

That was then, this is now:

GM says bankruptcy excuses it from Impala repairs

“New GM’s warranty obligations for vehicles sold by Old GM are limited to the express terms and conditions in the Old GM written warranties on a going-forward basis,” wrote Benjamin Jeffers, a lawyer for GM. “New GM did not assume responsibility for Old GM’s design choices, conduct, or alleged breaches of liability under the warranty.”

Would you buy a car from this man?

It’s like watching the New Adventures of Old Christine, but you’re stuck in the blooper reel.  It seems the full faith and credit the United States of has a small print section in the “New” Gubermint Motors warranty.

 

What’s For Lunch?

 

Hokulani’s Steakhouse at Kea’au Shopping Center

(Click on the pic to see the menu)

 

 

 

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2 Responses to “Full Faith and Credit”

  1. Zardoz Says:

    It’s time to vote with my dollars. I’m looking for a new pick-up and for the first time ever I will not be visiting with any of the local GM dealerships. My Dad will rollover in his grave but I’m seriously looking at Fords and Toyotas.

    GM should have been allowed to fail and then reorganize as a leaner and more efficient car company. Of course, that might have allowed them to restructure the union contracts and made them more competitive with Nissan, Toyota, Hyundai, etc. I read a couple of years ago that there is an average of $1500 in the price of each GM vehicle that is simply a transfer payment to the union retirement fund. Let’s not even get started about the Chrysler-Fiat debacle and the gift to the unions.

    Anyway, I’m a Fire Rock IPA kinda guy. I’ve enjoyed a few while sitting on the patio at the KBC brew-pub and having one of their pizzas for a leisurely lunch.

  2. Kini Says:

    I gave up on GM years ago. The Unions have priced them out of the market, their service departments cannot honor their agreements, and ironically, my first car was a GM. At least Ford had the wherewithal to refuse government bailout with strings attached money. As long as the Unions beg for money, GM will continue to get bailouts, continues to produce products people won’t purchase. GM sold 125 Chevy Volts last month, while Ford SUV’s and trucks are selling briskly. GM bond owners get shafted on their investments, and the Unions get taxpayer monies.

    I’ll join you for another round of suds! 😆


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