GM gets a taxpayer bailout and now 70% of their cars are built outside the US.

I keep speaking true. It's because China don't have to pay Unions. No Union Wages, & outrageous benefits. And everyone wonders WHY businesses head over there.
We are going to be left behind...and there's not a DAMN THING WE CAN DO ABOUT IT. Want to know why?


It's about the 'Math'

The USA keeps watching American Idol and swilling beer at night while the GM CEO is giving speeches in China. That's right. GM knows Americans are too lazy to see the GM CEO tell the Chinese what's really going on.


It's truly amazing what politicians can get away with defecit spending.It's the ultimate tool in wealth transfer

When the food stamps, unemployment bennies, entitlement programs run out, then what?

bump

and their stocks are losing value ( taxpayers' loss, of course )....but everything is fine according the boss at the white house.

bumpers

bump for truth

This problem is a direct result of the Private sectors infultration and manipulation of federal trade laws to their own benefit under the guise of 'globalization'

Do you really want to compete on labor costs with China?

The simple fact remains that freetrade policies of the last 40 years have crippled western economies.

And more free trade (or better said cheap imports) will not solve anything.

The Obama way...and he continues to get away with this bullshit!

i think you are new to glp..
glpers never pay attention to real important news..they are lost in world of insane conspiracies

just remember till 1970s,GM cars were almost good as mercedes...now they are just junk..
imagine how much hard earned knowledge they passed to china

yes. I had a 1970 olds Cutlass with the Rocket V8 that I picked up in 1985 and drove home 8 hours from New Orleans. It had been sitting awhile and had a stuck lifter. It ticked all the way home on the highway at 60 MPH for 8 hours.

Got home, my mechanic replaced a push rod and lifter ( dirt cheap parts ) and he said it was surically clean inside with no marks on the camshaft. Ran perfectly. Damn fine car.

We Pulled up along side a dude in a new Porsche 944 right outside of Austin on our annual beach road trip, he glanced and laughed and pulled way at over 100 MPH. We laughed too, and hit it in my lime green Cutlass. Stayed some distance behind him for over 100 miles and over 95 MPH the whole time on Pep Boys 35.00 tires. Not speed rated tires of course.

We blasted through downtown Austin at 3 AM at 100 MPH on the lower level of I35. Just insane . My crazy youth.
Anyway, he slows down outside a small town to pull off, and we pull along side of him and wave. He literally does a double take at us and we know he's wondering how my old Cutlass kept up with him. Good times

good times...somehow GM lost the will to manufacture cars in US.They manufacture few cars in india..real small cars..just 1000 cc engine displacement and they even brought small 1000 cc diesel engine car also..
but their cars suck...poor soft suspensions..but good engines

my buddy did complain about the Cutlass suspension being a tad soft in the front end, at the time we were driving at over 120MPH. The speedometer stopped at 120MPH, so we don't know for sure just how fast we were going

good times..now we drive jap made cars...nothing eciting about them...just traveling from point a to b

i have seen few impalas and cheverlets in mumbai..they were very popular...but now are rusting or sold in scrap because nobody can afford to fill up the tank

I learned to drive in my moms 1971 Lincoln Mark III. She weighed over 5000 lbs and got 10MPG ( the car, not my mom ) The lincoln came with the 460 engine with 500 foot pounds of torque. It could beat the new 1977 Trans Ams off of the line. They would catch up in third gear due to the weight advantage.We Spent many a night crusing the famous Forest lane in Dallas back in the 1970s

I really dont mind them making the GM in Mexico or even Canada. It keeps the immigrants from coming to the USA.

The new Lincolns probably get around 20mpg

This is supposed to be first world country. NAAFTA should have never happened. You people wining about unions and osha need to go to hell. Because of you encouraging "John Galts" this nation is going to become a cesspool of slavery, and poor starving people. Competing with China is the most idiotic thing you people decided to support.

Fuck that! Bush, Clinton, Obama and Romney are all working towards the same thing. Pull your head out of your ass please.

Wrong, no other President had a mission to takeover private business. Keep preaching the lies. Obama is different in a Hugo Chavez kind of way!

Christ...
The media-programmed false memes are just flowing through GLP today...

They are closing down plants and selling off the land and counting the sales toward their yearly profit. At the same time they are deferring loan payments to count to next year books and not count on this year’s books. It all a numbers scam, GM accounting practices have not changed.

When in reality they are getting rid of assets that they will never be able to replace. They will not be in a position to gear up production in this country if/when the economy recovers.

All by design.

Buy the higest Galon per miles ones even if they are made by the communist !

That will teach Wall street greedy bastards a lesson ..

Why communist have better cars than we do ?

China DOES have Unions...
State-run unions, the only ones allowed, controlled by the Party.

The same thing the Radical Socialist Controlled Democrat Party envisions for America. GOT SEIU?

When it's FAR CHEAPER to move something as simple as Wheat from America, halfway across the planet to be processed in China, then ship it back, than it is to process it in America, HELLO HOUSTON, WE MIGHT HAVE A SYSTEMIC PROBLEM...

The real problem is that no one on the left is willing to address these reasons, because it might effect THEIR VOTES...
You must BE A RASSISS!! if you note this, just like the left, and the mainstream media, called anyone who dared to point out the coming mortgage crisis, AS FAR BACK AS 2000!!!

That's the way communism works, a borderless worldwide common work force. obongo knows that, he is a communist.

Bullshit, Obama bailed out GM and took it over. What he did was fascism. No other president has ever done something like this.

A GOOD COMMUNIST is a DEAD COMMUNIST.

BETTER DEAD THEN RED.

Clinton (NAFTA) and Bush I and II, and Obama - get the picture? They own the government. Free trade is NOT good for America. We have no manufacturing base thanks to the traitors who sold us out. We make nothing - and now that we make nothing we have no high paying jobs. No investment, no jobs, no consumerism = no economy = we will be a third world nation shortly.

Oh - and the morons keep buying iphones!