So, America Bailed out GM.
The above video presents a pretty focused view of how evil GM is. In my opinion, it may not be as clear cut as that, or it may be, you decide.
I will say that I don't know of any American companies setting up shop in Any way in China, let alone in a Major way like this.
Also in the news GM is recalling about 431,000 Chevy Cruz. The last time this car was in the news, its steering wheels were falling off. Now, its engines are catching on fire.
Ask me when I plan to buy my next GM product of any kind.
I'd seen that video fairly recently and tried to watch it again, but I can't. I seriously get a stomach ache! WHAT IS GOING ON, KID!? Steering wheels are falling off and engines are catching on fire? Hey, are those made in CHINA!?
ReplyDeleteI've been saying for a couple of years now, since we've had CHINESE baby milk toxic, CHINESE baby beds dangerous, etc, etc., "China's KILLING US SOFTLY".
now this? HOLY COW, KID!
I believe the democrats have been enthusiastically advancing the communist agenda starting with LBJ and this is just a part of it.
DeleteGM used a billion of taxpayer funded bailout to buy into their gig in China.
Chinese people are Not stupid and we are currently very weak. Meaning they could own us in no time. Well, I do like Dim Sum anyway.
My grandpa lost A LOT of money with that GM bailout. He's really pissed about it. I don't think I'll send this vid on account of his blood pressure.
ReplyDeleteFor a wider perspective, my latest post on Wall Street and Hitler shows how we're going to get into the fact that GM helped with the German War effort. Antony Sutton also proves that GM and Ford helped out Soviet Russia all during the Cold War. You see, without American technology and boosts of capital via these traitorous organizations, these commie countries would be eating grass like in N. Korea and would be a total joke. Know your enemy, said one famous Chinese man, but in America, for over 100 years, the enemy of our republic has shielded itself from view, so we're always chasing phantoms whilst the real enemies sell us out.
Back to my own blog now..
Unreal DeanO. Buy American right ?!
ReplyDeleteobama is only in office to serve the communists, steal money for himself and his masters. the Chicago way. It's all they know. The reason he is so incompetent in accomplishing anything is he isn't interested in accomplishing anything outside of stealing money and getting re-elected. Everything they've been doing has been stealing money or getting re-elected so they can continue to steal. 5 trillion and counting.
RM, Yea I feel for those older folks who thought they were investing in America. My wife's Father passed away last year at 92. When the whole GM thing came apart, the stock (the old stock) was going for about 3 bucks, and he suggested it might be a good time to buy. I said I don't know I think it goes lower.
ReplyDeleteBailout to avoid bankruptcy. SO they go bankrupt anyway and all the old stock goes to zero as it is burned in a funeral pire.
I'm sure there were millions upon millions of shares sitting in people's accounts that just disappeared.
Man.
By the way, I'd love to see what Johnny Carson would do with politics today...wouldn't you? He stayed away from them but one can't ignore them today.
ReplyDeleteAnd you're right about millions of shares which disappeared...and mostly to older Americans who'd worked their whole lives and invested well. Except not 'well' today.
Maybe Johnny wouldn't do politics. Maybe that's why he checked out?
DeleteMost of the engineers and draftsmen in my family worked for the "Big 3"-w/ the majesty working for GM---needless to say- they would not be happy w/ this move to China--
ReplyDeleteI am not- because it is a betrayal of the US taxpayer (bail out-anyone) and the former employes...
Thank you-Kid- for giving us an heads up---
and RM for linking it --
We in the US had better get our Ed system back and- also- WAKE UP!!!!
Carol-CS
Carol-CS, The system is very broken. Few people even have the Information let alone the critical thought skills to come to a reasonable solution.
Deletemajority working for GM--
ReplyDeleteTime to get some sleep! : - )
C-CS
Left a comment-hope you got it--
ReplyDeleteC-CS