GM - Banning Presidential Candidates

General Motors -- or Government Motors, as it's known to critics of the auto bailout -- reportedly is steering clear of the political spotlight this year.

The Detroit Free Press reports that GM is banning presidential candidates from visiting its plants at least until Election Day passes.

"We would like to put all of our energy behind selling our cars and trucks," GM Vice President Bob Ferguson told the Free Press.

The move comes as the Obama campaign folds the GM story into its campaign message. Vice President Biden often tells campaign crowds that the unofficial Obama bumper sticker should be: "Usama bin Laden is dead, and General Motors is alive."
But GM is apparently loath to appear siding with one party or another, considering it relies on Americans to buy its products.

Mitt Romney, for his part, has been critical of the nearly $50 billion auto bailout. The Treasury Department still owns roughly a third of the stock. And while GM has emerged from bankruptcy proceedings, the company's stock value has dropped 36 percent since its opening.

Read the rest of the article at Detroit Free Press

ThoughtsjustoffCenter: Two other reasons for this could also be that 1) they don't want to remind anyone their sockholders were screwed by them and the Obama Administration when they were bailed out. 2) All the profits and privilages were given to the Unions. Oh and 3) Ford didn't take any bailout money and continued to have high profits - hum. Lastly, 4) they paid off their loans to the Federal Government, by taking out more loans from the Federal Government - Oh that's it's not the Federal Government = it's US, the taxpayers that are not even getting a good return on the investments (loans).