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So Much for the UAW; GM may be Building Cars in China

Tarheel

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So Much for the UAW; GM may be Building Cars in China
« on: May 14, 2009, 05:15:07 PM »
I really do not like to see Americans loose any jobs but I couldn't help but to enjoy indulging in a certain degree of schadenfreude at reading this article.  It sounds to me like GM is seriously looking at building cars for the US market in China.  I guess the Chi-comm slave labor is more palatable to GM's management...at least there will be no more worrying about negotiating with the UAW before making any business decisions.  As the writer of the article suggests this potential business decision is a problem since GM took some 'gubment' money (which Fed-Gov and The ONE probably borrowed from the Chi-comms in the first place...hmmm...makes me wonder who's calling the shots here, maybe the Chi-comms wanted a piece of cake too, eh?)

This is an excerpt from the AP, all emphasis is my own:

Quote
Chinese imports could bring GM political troubles


May 13, 11:59 PM (ET)

By TOM KRISHER

DETROIT (AP) - As thousands of General Motors workers await word on more U.S. plant closures, reports that the company plans to import Chinese-made vehicles to the U.S. have created a political problem for the automaker and the White House.

The reports, which GM will neither confirm nor deny, could mean trouble because GM is supported by $15.4 billion in U.S. government loans, largely due to the Obama administration's desire to preserve the company's 90,000 U.S. jobs.

The United Auto Workers charged last week that the Detroit automaker intends to almost double over the next five years the number of vehicles it imports to the U.S. from Mexico, South Korea, China and Japan.

"GM should not be taking taxpayers' money simply to finance the outsourcing of jobs to other countries," Alan Reuther, the union's Washington lobbyist, wrote in a letter to U.S. lawmakers.

The car maker, which was in danger of running out of cash early this year, faces a June 1 government deadline to cut costs and complete other restructuring measures or go into Chapter 11 bankruptcy protection. It also has requested another $11.6 billion in government loans to make it through this year, and faces the prospect that the government will soon be its largest shareholder.

On Wednesday, Shanghai Securities News and other Chinese media reported that GM plans to begin exporting vehicles from China to the U.S. within two years, ramping up sales to more than 50,000 by 2014.

GM spokesman Tom Wilkinson in Detroit would not comment on the reports.
...

Full article:
http://apnews.myway.com/article/20090514/D985PEDO0.html
« Last Edit: May 14, 2009, 05:16:03 PM by Tarheel »
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The question isn't who is going to let me; it's who is going to stop me. 
-Ayn Rand

The problem with socialism is that eventually you run out of other people's money.
-The Right Honourable Margaret Thatcher

The government solution to a problem is usually as bad as the problem.
-Milton Friedman

The nine most terrifying words in the English language are: 'I'm from the government and I'm here to help.'
-Ronald Reagan

When the people fear their government, there is tyranny; when the government fears the people, there is liberty.
-Thomas Jefferson

CCTAU

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Re: So Much for the UAW; GM may be Building Cars in China
« Reply #1 on: May 15, 2009, 09:49:07 AM »
Dude, this was already decided while Bush was in office.

Bush and the CIA misled congress in order to get GM their money. No. Wait. That is Pelosi and torture. Or was it something else. I can't keep up with everything that has been blamed on Bush so far.

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Five statements of WISDOM
1. You cannot legislate the poor into prosperity, by legislating the wealth out of prosperity.
2. What one person receives without working for, another person must work for without receiving.
3. The government cannot give to anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it.
5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friends, is the beginning of the end of any nation.

Tarheel

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Re: So Much for the UAW; GM may be Building Cars in China
« Reply #2 on: May 15, 2009, 12:57:14 PM »
Dude, this was already decided while Bush was in office.

Bush and the CIA misled congress in order to get GM their money. No. Wait. That is Pelosi and torture. Or was it something else. I can't keep up with everything that has been blamed on Bush so far.


Well said.

They'll be blaming Bush for years to come.  Reminds me of a column this week by a lefty New York Times journalist named Maureen Dowd; she is setting up the excuses for The ONE to use if ('when' in her words) we have another major terrorist attack in the U. S.; apparently it's all Cheney's fault and will be from now until the end of time...here's part of what she wrote, emphasis is my own:

Quote
...
No matter if or when terrorists attack here — and they’re on their own timetable, not a partisan red/blue state timetable — Cheney will be deemed the primary one who made America more vulnerable.
...

Here's the full article if you want to read the rest of her excuses for Democrats godless socialists:

http://www.nytimes.com/2009/05/13/opinion/13dowd.html?_r=1
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The question isn't who is going to let me; it's who is going to stop me. 
-Ayn Rand

The problem with socialism is that eventually you run out of other people's money.
-The Right Honourable Margaret Thatcher

The government solution to a problem is usually as bad as the problem.
-Milton Friedman

The nine most terrifying words in the English language are: 'I'm from the government and I'm here to help.'
-Ronald Reagan

When the people fear their government, there is tyranny; when the government fears the people, there is liberty.
-Thomas Jefferson