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GM Releases YouTube Video Asking for Bailout Support
General Motors added a video on Sunday to its GMblogs YouTube account pleading the case for a government bailout. GM has already asked all of its dealers to call their congressional representatives and plead for help, now it’s asking the Internet.
The video, and the accompanying Web site, paint a bleak picture of a future without GM. The Web site includes an assertion that without a bailout, “domestic automobile production would more than likely fall to zero – even by international producers, due to supplier bankruptcies.”