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Thread: GM reiterates China business not affected by revamp plan
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[quote=GARYKINKADE,363384]Our corporate controlled and simple simon taxpayer financed government has already doled out $14.3 billion to GM. I'm sure a large portion of this has found it's way to the Chinese manufacturing plants where labor and materials are much lower. I can't claim this is a fact but am guessing that it is. Meanwhile, back at the ranch (U.S.A.), GM continues to downsize thru plant closings, employee layoffs, pension compromises, etc., etc. A smart move by GM and a not very smart move by we common people in letting the politicians and corporate honchos get away with this. A lot more could be said of the ilks of TARP, derivatives, and the financial sector following the same "mind set" but that is another story unto itself. Besides...I ain't that smart.[/quote]
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