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Posted on December 19, 2008 - by Hubba

One Observation on the Bailout

The Junk Drawer

Today the bailout, or “loan” as some are calling it, of/to the Big Three Automakers became official.

I am sure there are many other websites devoted to the current economic crisis or the economy in general, and if you are an economy buff, I encourage you to find a different website to study the subject.

But I have a question that has been nagging at me all day, and I would like to pose it here.

Remember this summer when gasoline was at an all-time high?  The Big Three (or at least Two) made a spectacularly stupid offer of “fuel under 3 dollars for a year,” or something like that, with the purchase of a vehicle.  The offer was outlandish gimmickery, of the sort found in an old time medicine show or a Dr. Seuss book.  And I clearly remember thinking “someone is going to get really hosed.”

Looking back, it looks like the Big Three saw their own hosing coming.  But I bet they made it so much worse with their marketing scheme.

The question is this- did they contract all that fuel during the price spike?  If they did, they hosed themselves almost literally in gasoline.

And finally, purely for cheap Holiday laughs, I present my new slogans for the Big Three-

“Chevy- Like a Rock (That Takes All Your Money)”

“Dodge- Grab the Bailout by the Horns”

and “Built Ford Tough (Wah, Wah, Wah)”

Oh hardy harr harr.

This entry was posted on Friday, December 19th, 2008 at 8:11 pm and is filed under The Junk Drawer. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Comments

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  1. Visit My Website

    December 19, 2008

    Permalink

    J. Thorp said:

    I just keep thinking about all those Hemis — Hemi this, Hemi that. A new Charger; a new Challenger. “That thing got a Hemi, or a hole in the gas tank?” : )



  2. Visit My Website

    December 21, 2008

    Permalink

    Taylor said:

    I agree completely! I’ve long wondered whether these guys hedged against oil to prop up their SUV sales.



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