**
New post on *Scotty Starnes's Blog*
<http://scottystarnes.wordpress.com/author/scottystarnes/> Taxpayer Alert:
GM INVESTS $600 MILLION IN ENGLISH SOCCER
TEAM<http://scottystarnes.wordpress.com/2012/07/31/taxpayer-alert-gm-invests-600-million-in-english-soccer-team/>by
Scotty Starnes <http://scottystarnes.wordpress.com/author/scottystarnes/>
<http://scottystarnes.files.wordpress.com/2012/07/normal_manchester-united-2-4.jpg>
GM still owes taxpayers billions, yet the Obama regime seems to have no
problem with them spending $600 million to have their logo on
foreign soccer jerseys.
>From
>Breitbart.com<http://www.breitbart.com/Big-Government/2012/07/30/GM-invests-600-million-in-english-soccer-team?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+BreitbartFeed+%28Breitbart+Feed%29>
:
Yes, General Motors really is giving $600
million<http://uk.reuters.com/article/2012/07/30/uk-gm-manu-idUKBRE86T13220120730>
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.
Continue
reading>>><http://www.breitbart.com/Big-Government/2012/07/30/GM-invests-600-million-in-english-soccer-team?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+BreitbartFeed+%28Breitbart+Feed%29>
*Scotty Starnes
<http://scottystarnes.wordpress.com/author/scottystarnes/>*| July 31,
2012 at 7:30 AM | Tags:
Chevrolet <http://scottystarnes.wordpress.com/?tag=chevrolet>, General
Motors <http://scottystarnes.wordpress.com/?tag=general-motors>,
GM<http://scottystarnes.wordpress.com/?tag=gm>,
Manchester United<http://scottystarnes.wordpress.com/?tag=manchester-united>,
soccer jersey <http://scottystarnes.wordpress.com/?tag=soccer-jersey> |
Categories: Political Issues
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