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| On June 1, 2009 the federal government agreed to invest $30 billion in General Motors Corp., becoming a "reluctant shareholder" in a new GM, according to President Barack Obama. The morphing of the "old GM" into the "new GM" requires "a substantial amount of money that only a government can provide," Obama said of the federal government's involvement. This means we as taxpayers have about a 60 percent stake in GM. A controlling interest. With ownership comes responsibility. It is in the best interest of us all to do what we can to assure that the old |
ways of thinking at GM are a part of the past and have no place in the future. If the reorganization goes well, the new GM can offer a new U.S. generation "the chance to live out their dreams," out-compete global automakers and be an integral part of the U.S. economic future, the president said. This website is an opportunity for all of us to support that dream with our interest and our creativity. Join us in coming up with a "Better Idea." After all, it's America's Car Company, now. | ||