After Dems Bailout, GM To Move Out of US

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Ya know…you’d think professional, career lawyer/lawmakers would know how to right a contract or at least an invoice that says, “If you take our money, you keep the jobs here.” Nope. Now those same Democrats in Congress who pushed so hard to bailout GM-to keep it from going bankrupt, are wondering why GM plans to move manufacturing out of the U.S. after it gets out of bankruptcy. Did anyone REALLY think that throwing money at a problem without putting conditions on getting paid back was a good idea? Apparently the Democrat-controlled Congress did, and President Obama’s “Auto Task Force” seems to be putting a rubber stamp on the idea of moving American jobs overseas (something he specifically campaigned against before and after becoming President).

According to an outline the company has been sharing privately with Washington legislators, the number of cars that GM sells in the United States and builds in Mexico, China and South Korea will roughly double.

The proportion of GM cars sold domestically and manufactured in those low-wage countries will rise from 15 percent to 23 percent over the next five years, according to the figures contained in a 12-page presentation offered to lawmakers in response to their questions about overseas production.

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It was stupid of the dems not to get guarantees but you can hardly blame GM for this action. Look at what is happening to Chrysler, Citi and Bank of America. Also, government demanded GM fire its CEO arbitrarily. Government is sticking their noses into private industry with a gusto. I predict that more companies will take this action also in order to preserve their business and keep it out of govenmrnt hands. Hello, communist state.

All those UAW workers will lose their jobs. Too bad. When employees actively work to destroy their employers and milk them for everything they can via blackmail they deserve whatever they get. When the government rewards a union with controlling interest in a business they crippled (re Chrysler) they deseve loss of revenue and members. Unions will be the ruination of this country. They have long ago lost their reason for being.

This is a shining example of Obama’s business acumen. His real goal is the destruction of capitalism, bringing with it the needless suffering of Americans.

This man has no idea what America is all about. He knows nothing of the principles of individual freedom, since his mentors celebrated the downfall of America and all that she stands for.

As I understand the Obama crowd has advised GM to kill 10 of it’s models with 7 of them being their top sellers. Do you think the top sellers are made in the US and if their model is cut – the ones made overseas would most likely become automatically a higher percent of the totals. To keep more jobs in America (Canada too) let the demand from the public decide which models to drop and not by the bean heads in DC making the decisions.