Government Motors Spends $600M on UK Soccer Promo

[CuteOldGuy]

Uh, GM? Here's a memo. You still owe the American taxpayer money. What the hell are you doing sponsoring a foreign soccer team? Did you check with your shareholders, meaning US?

http://freebeacon.com/government-mot...-soccer-promo/

[CJ7]

I wasnt on board when Bush bailed out the car guys either.

[Old-T]

Originally Posted by CuteOldGuy

Uh, GM? Here's a memo. You still owe the American taxpayer money. What the hell are you doing sponsoring a foreign soccer team? Did you check with your shareholders, meaning US?

http://freebeacon.com/government-mot...-soccer-promo/

This seems like a very anti-free-market comment on your part.

I would think you would be completely in favor of GM (or anyone else) spending their advertizing dollars where they believe it will get them the biggest return on the investment.

If you argue that the $600M could be better spent elsewhere from an ROI perspective, fine. But what does that have to do with where that expenditure is? Would it be better for GM to spend that money domesticly but not make as big a profit for the shareholders?

If it was a charitable contribution I could agree with you--but it's a business decision.

[CuteOldGuy]

They should be paying us back first. Before sponsoring foreigners. I don't remember the Brits coming to bail them out.

And thanks to Obama, I'm a shareholder in GM.

[pyramider]

Better sell your shares. I drive a company car, a GM. Since the bailout the cars suck butt. Tie rods bent, front end suspension sucks ... the car eats tires. Brakes are squishy.

Let GM sponsor a Brit team. The only way there is any way for you to make any money is if GM can sell their wares/crap overseas.

[CuteOldGuy]

I'm trying to get Obama to sell our shares, but he's waiting for the stock price of the company he "saved" to rise.

[IIFFOFRDB]

Originally Posted by pyramider

Better sell your shares. I drive a company car, a GM. Since the bailout the cars suck butt. Tie rods bent, front end suspension sucks ... the car eats tires. Brakes are squishy.

Let GM sponsor a Brit team. The only way there is any way for you to make any money is if GM can sell their wares/crap overseas.

Yup, chevy man since my first used 72 Nova in 1976. 6 more in between till the last a 2000 z71 it has 270,000 miles on it. I'm eyeing a new ford f150 with a 6 cylinder. I will get serious about this on November 8th. I'm going Ford...fuckem

[gnadfly]

Isn't ManU owed by a Russian?