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Name:   lotowner - Email Member
Subject:   We're Going to Pay Big Time
Date:   5/8/2009 9:20:03 AM

Mistakes! Mistakes! Mistakes! The bailout billions are going to cost the American taxpayers big time. Never again should we allow our government officials to spend billions to pay unions (UAW this time) for votes cast to elect a President. Chapter 11 was the right option.

Below is part of an article in the Washington Post. Read and Weep.

Under Restructuring, GM To Build More Cars Overseas

The U.S. government is pouring billions into General Motors in hopes of reviving the domestic economy, but when the automaker completes its restructuring plan, many of the company's new jobs will be filled by workers overseas.

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.




Name:   muddauber - Email Member
Subject:   We're Going to Pay Big Time
Date:   5/8/2009 9:34:04 AM

What a kick in the groin. Manufacturing going overseas.








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