What You Should Know Before Buying a GM or Chrysler Car and How to Lose Your Chrysler Dealership for Republicans
As already stated, Jr Deputy Accountant has intentionally chosen to ignore Government Motors, at least as much as possible. There is only so much ignoring one can do, as the infectious run-off is entirely unavoidable. Oh well. Let's write this in as few posts as possible, shall we?
Firstly, if you're thinking about buying a GM or Chrysler vehicle "because OMG they're cheap" or "because the teevee told me it's the patriotic thing to do," I urge you to check out this guide from Consumer Reports on what you need to know before you buy. (via Consumerist)
I sincerely hope we have learned our lesson about reckless buying, so don't leap before you know what you are getting into. And good luck getting credit! Maybe Ben Bernanke will start running a Western Union Discount Window with payday loans and check-cashing services.
Second important bit about Chrysler/GM is that if you believe the Republicans, conservative car dealers are being targeted by the government and forced into closure. As if we needed more catfighting in Washington.
Via the Washington Examiner:
Evidence appears to be mounting that the Obama administration has systematically targeted for closing Chrysler dealers who contributed to Republicans. What started earlier this week as mainly a rumbling on the Right side of the Blogosphere has gathered some steam today with revelations that among the dealers being shut down are a GOP congressman and closing of competitors to a dealership chain partly owned by former Clinton White House chief of staff Mack McLarty.
The basic issue raised here is this: How do we account for the fact millions of dollars were contributed to GOP candidates by Chrysler who are being closed by the government, but only one has been found so far that is being closed that contributed to the Obama campaign in 2008?
Florida Rep. Vern Buchanan learned from a House colleague that his Venice, Florida, dealership is on the hit list. Buchanan also has a Nissan franchise paired with the Chrysler facility in Venice.
"It's an outrage. It's not about me. I'm going to be fine," said Buchanan, the dealership's majority owner. "You're talking over 100,000 jobs. We're supposed to be in the business of creating jobs, not killing jobs," Buchanan told News 10, a local Florida television station.
Buchanan, who succeeded former Rep. Katharine Harris in 2006, reportedly learned of his dealership's termination from Rep.Candace Miller, R-MI. Buchanan owns a total of 23 dealerships in Florida and North Carolina.
Quick, get more Japanese cars, Buchanan! And buy some gold!
Update to this (thanks @Tigerbeat) via FivethirtyEight is that it's just a normal conservative conspiracy and unfounded.
I argue that the data are dosed too.
Update #2 (thanks @Pasher): The Weirdest Conspiracy Theory of All Time