GM plans on importing auto's from China
5/14/2009 at 2:36 PM
http://apnews.myway.com/article/20090514/D985PEDO0.html
First of all these cars are GM-made cars from taxpayer-funded GM plants..in China.
So GM gets bailed out, done in the name of saving US/Canadian autoworkers jobs, and what is GM going to do? Their going to import cars they've made in CHINA?
Does this bother anybody?
Oh well, I guess that's what we get for supporting politicians who support globalization and government bailouts of private companies.
As a side note on GM, when they file for bankruptcy (they will) those bridge loans will be absorbed and taxpayers will never see that money paid back.
Right now I own a GM car, not for long, Toyota here I come!