I love my Chevy Silverado. After 27,000 miles, the only work that I've had to do on it is change the oil. But after the federal takeover of General Motors, I have a feeling that it's about to start falling apart. President Obama:
It is my hope that the steps I am announcing today will go a long way towards answering many of the questions people may have about the future of GM and Chrysler. But just in case there are still nagging doubts, let me say it as plainly as I can -- if you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired, just like always. Your warrantee will be safe.
In fact, it will be safer than it's ever been. Because starting today, the United States government will stand behind your warrantee.
The quality control of my truck is guaranteed by the federal government? I'm screwed.