NEW: Government Motors cancels anti-Prop. 39 ads

Sept. 30, 2012

By John Seiler

Surprise! The government-run company decided not to challenge the government tax increase. Government Motors, the leader of companies that were going to opposed the massive, $1 billion tax on out-of-state businesses called Proposition 39, has led a surrender.

The Contra Costa Times reported:

“The Yes on Prop. 39 campaign sort of declared victory today, announcing it would pull its television and radio ads after hearing that the companies once opposing the measure will do so no longer….

“The committee backing Prop. 39 today said it has been informed by General Motors, International Paper and Kimberly-Clark that they won’t oppose the measure any further. Chrysler and Procter & Gamble, the two other companies that once were part of a coalition opposed to closing the loophole, also recently stated that they would not oppose Proposition 39.”

More good reasons not to buy junkers from Government Motors, which still has $25 billion invested in it by the U.S. Government. Chrysler also got a massive government bailout, its second in 30 years (for now), but currently is not owned by the government.

This also shows how the whole election system is rigged. California is a banana republic with imported bananas.