Richard Bexon Ramblings of a mad man in Costa Rica

General Motors to rename its company due to the crisis

by admin on Feb.17, 2009, under Tom Foolery

GM BailoutGeneral Motors executive board announced this morning that they had been heavily discussing changing the name of the company in light of the economic downturn, the ill situation of the company and the government handouts they have received.  The Executive Board wanted a name that reflects the integrity of its executive board and its company, its private jets and the billions of dollars they have received thus far.

Currently the executive board is split down the middle on 2 names, the first being ‘Government Money’, the second being ‘General (Public) Money’.  The executive board stated that this would bring a fresh new face to GM and would hopefully keep them in business and as a going concern for at least another couple of weeks.

The executive board stated that if worst came to worst they would need $18 billion and then the decision to change their name to ‘Government Money’ would be approved unanimously throughout the board.

However there is light on the horizon as GM just announced a new line of cars that are hybrid cars, they both work on rising fuel prices as well as dollar bills.  However a cool new feature of the GM hybrid is the fact that inside the glove compartment the US treasury has installed an Epson money printer (made in China).  Therefore the car essentially can run on its own printed currency.  GM are expected to sell about 1 million cars this year and it is estimated over $1 trillion will be printed within the next year from these new Epson dollar printers.

Good luck GM and remember America only buy American, it runs on dollar bills!

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