GM, having teamed up with the federal government to stiff past creditors and shareholders, is now “back,” by which it means, if you ignore all its past bad decisions and debt, it isn’t totally insolvent. (Remember when then-Mayor Barry said crime in DC wasn’t bad if you don’t count the murders?) Well, they decided to spend some large to produce an ad congratulating themselves. Normally somewhat interesting lefty journalist, Taegan Goddard calls it “sensational.” Um…that’s one way to look at it. Totally emotional appeals devoid of all facts are likely to create a sensation, after all.
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