Thursday, November 13, 2008

CondoMobiles Solve GM and Real Estate Crisis At One Stroke


Imaginative minds can find solutions to even the most vexing problems. The federal government is just about to socialize General Motors with a bail out. And it has already socialized the real estate market via the takeover of FannieMae and FreddieMac.

Now comes the imagination.

The Feds are soon going to be responsible for moving all that GM iron. We've learned that paltry $1000 rebates don't seem to do the trick any more.

So how about a FannieMotors or a GeneralFreddie tie up? The deal is obvious. Offer a free condo with every purchase of a qualifying GM vehicle. Buy a Chevy Malibu and get a California Condo (yeah, that's pretty obvious!).

Naturally, buyers will be offered a great discount on their homeowner/auto insurance from the national insurance company, AIG.

The same deal could work with all those banks we've just nationalized also. "CondoChecking" needs no explanation.

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