So there has been a lot of talk going lately with the big 3 auto makers and how they are basically out of money. The “smart” answer to our government is that we bail them out. Mr. Obama likes this idea because the more big business firms that the government can own the more socialistic we become. But that is a story for another time.
Ford has asked for 50 billion. The man said no. (The man will be what the government is referred to from here on out.) Then the other two come in and say, “Hey, if they get 50 billion, we want 50 billion too.” The man said no.
Then, a few days after they were told no there was a huge press conference where the big three got together and guaranteed another great depression if this bailout was not passed. They must save and spend every penny the proper way and can not afford to loose another dime.
This became obvious this weekend when GM has dropped their largest asset in advertising and a ended a 9 year contract. Tiger Woods, who has driven nothing but a Buick for 10 years, has ended his ties with GM and will do two things. One, Tiger can drive another car for a change. And two, GM can save millions upon millions from having to pay Tiger for his name to be tied to them. Is that good marketing? Good advertising? Smart on GM’s part? I am not sure.
Tiger Woods made over 100 million last year in endorsements. That does not include his tournament earnings, his appearance fees, and all the other benefits of being Tiger Woods.
But this just solidifies to anyone that feels the auto makers are making this up. They are not. This is real. And if Tiger is dropped after 9 years and with the backing he has with that firm, the next step very well might be bankruptcy.
I hate to say it but GM dropping Tiger is good for most everyone involved. I mean, how many people really went out and bought a car because Tiger drove one? Not me and I am maybe the biggest Tiger fan on the planet. Good work GM. Save those dollars and put them toward something worth your efforts. Put it toward something like, oh, I don’t know; alternate supplies of energy. Focus the money that you would spend on the bailout to make a car that can get 400 miles a gallon.