By on October 1, 2008
URGENT CALL TO ACTION FROM GM CHAIRMAN AND CEO RICK WAGONER
Rick Wagoner, Chairman and CEO, General Motors
09/30/2008

To All GM Dealers:

To avert long-term financial hardship for our nation’s hardworking citizens, Congress and the Administration must craft a solution to restore stability and confidence in our nation’s financial systems.  The current financial crisis goes far beyond any one industry.  With each passing day without a solution, the credit markets continue to freeze up, denying consumers and businesses the needed cash for home loans, car loans, small business loans and the critical investments that grow the economy and create jobs.

Our elected officials in Congress need to hear, today, that our country needs a bipartisan solution quickly. Congress is hearing from those who oppose a bailout, but not from those who know that inaction poses dire and long-lasting consequences for our national economy.

I’m asking each of you to contact your House Representative and Senators, to let them know how the worsening turmoil in the financial markets is harming the economy and consumers.  It’s critical they hear from us now, in order to receive a balanced message on why bipartisan relief is needed now, to restore stability, confidence and access to credit within our financial markets – all of which are needed to preserve our nation’s economic health and growth.

Please make this issue your highest priority and call your respective Representative and Senators today.  Your voice needs to be heard, and it will make a difference. If you cannot get through initially, we ask that you keep trying — we need to make sure Congress is getting a balanced perspective. Thank you for your support.

Rick

Note: To obtain information about your respective Representative, Senators and others in the House and Senate Leadership, you may access the “Contacting The Congress” Web site at http://www.visi.com/juan/congress/.  The attached talking points also may be helpful.

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8 Comments on “GM CEO Rick Wagoner Sends Dealers SOS for Bailout Bill...”


  • avatar
    menno

    GM just lost the Ron Paulians, Constitutionalists and Libertarians as potential customers.

    You know, the folks with CASH in their safes at home…

  • avatar

    Wow… kind of like NWA sending battle cries to their customers to get on the “Stop Oil Speculation” bandwagon a few months back. Sounds like things are really getting dire (as if the dealers don’t already know it).

  • avatar

    further proof that Red Ink Rick is a crook.

  • avatar
    micvog

    So if I don’t voluntarily buy GM products then the government is going to tax me (okay, borrow on my behalf) and give the money to GM anyway. Nice system… for GM.

  • avatar
    obbop

    I am ever-more convinced the USA is in the throes of class warfare and the masses are losing.

    But, what do know… having been working-poor my entire life… doing the jobs Americans will not do, or so I have heard.

  • avatar
    Aegea

    The bailout stinks, but unfortunately so do all of the alternatives open to the administration/congress, including doing nothing. How the alternatives rank, stink-wise, depends highly on where you sit in the economy. Obviously, those whose livelihood depends on borrowed money (e.g. Wall Street and GM) want the bailout. How the rest of us will fare, I don’t know, and neither, I think, does anyone else. We haven’t been in this kind of a situation for 70 years; lots of chickens coming home to roost.

  • avatar
    Campisi

    How did TTAC get a hold of this, anyway? No source is listed.

  • avatar
    halffast

    I’d like to speak with Mr. Wagoner. I have had an idea cookng in my head for some time now that could possibly save millions in outsourced production costs and make the vehicles more appealing to the consumers. Does anyone know how to contact him directly? Or any of the big three for that matter.

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