Government Motors is still Government Motors regardless of what the CEO of Government Motors says otherwise.

I'm sure by now must of America has seen the very deceptive Government Motors commercial in which their CEO Ed Whitacre claimed that they repaid their federal government's loan five years ahead of schedule with interest.

He also claimed that he respected people who said that GM should have been allowed to fail and not be bailed out. I seriously doubt Ed and his words. The Unions are in tight with the Obama Administration. Those with the connections get saved, the rest are left to fall by the waste side. I guess having connections within this administration is like owning an American Express card. Membership has it's privileges. Frankly, this should have been the real GM's " commercial" that aired instead of Whitacre's bold faced polished 14k lie that aired in it's place. Listener Discretion advised.

Also, borrowing more money from the government to pay off a loan is called "government debt refinancing" not a "payoff". Ol Ed forgot to include that "small" detail. So contrary to what Ed says, Government Motors is still Government Motors for the foreseeable future.