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Why On Earth Are We Talking About The GM IPO?!

|Includes: F, General Motors Company (GM)

I just have a question: Why is anyone interested in the GM IPO? This IPO has been mired in political postering and corruption. Also this company has been reorganized in a way that gives the Unions more power. The same Unions that took advantage of spineless executives and drove the company into the ground. Even China is thinking about trying to get in on ownership. And I'm sure they have our best interest at heart. Just doesn't make sense.

On the other hand we have Ford(NYSE:F). This company refused to take government money and has been doing amazing.

I'm a conservative investor and the fact that they are focused like a laser beam on debt is music to my ears. Another thing Ford has done is make cars people love. I have yet to hear a complaint from Ford owners. I'm just really impressed with this company. Ford has positioned itself to be the leader of the American Auto Industry in the future.

So in my opinion skip the GM and buy Ford(F).  I'm confident you'll use less advil and pepto.

Disclosure: No positon