by Big Dog on May 20, 2011 at 11:23 Political
Thanks to US taxpayers General Motors became Government Motors as taxpayer money was used to bailout the failing auto company. It should have been allowed to fail but Barack Obama had to bail out the company in order to save his union supporters and his puppet master at union headquarters.
Barack Obama took OUR money and without our permission used it to help a failing auto company by allowing the government to become a part owner in the enterprise. This all happened as private investors were screwed over in favor of union thugs. We were told that there would be a profit for us out of this (as if those of us paying the bills would actually see any of it) but there was no profit and the government is selling its shares in the company at a loss. GM did not pay the money back as any money paid back came from stimulus money. In other words, GM took the name Government Motors seriously and paid its debt to us with money it borrowed from us.
Given all this, one would think that GM would be beholden to the US taxpayers. One would think that since our money was confiscated from us and used to keep that company from failing that we would be rewarded, not individually but as a collective. In other words, one would think that since the country did something good for GM that GM would do something good for the country.
One would be wrong for thinking that because GM has decided to spend 540 million dollars (no doubt taxpayer money) to produce two low emission motors in Mexico. The project will create (directly and indirectly) about 1000 jobs. Since 2006 GM has invested about 5 BILLION dollars in Mexico.
I would think that GM would produce the motors in the US. In fact I would require them to. As the NLRB tells Boeing where it can use ITS OWN MONEY to build planes, the government is silent about a company partly owned by taxpayers fleeing to Mexico to build its product. It is not bad enough that GM is screwing the people who saved its sorry butt but the company has been investing in Mexico, at the expense of jobs here, since 2006.
So tell me, why didn’t GM go to the Mexican government when it needed to be bailed out?
And why is the Obama regime not stopping our employees (yes people at GM, we own you and you work for us now) from going out of the country.
I think Detroit could use a new plant and the workers that come with it. I would imagine that the 5 BILLION spent in Mexico could have helped Detroit quite a bit.
Then again, Detroit is run by liberals and GM is a union company. Either is bad but combined they are a recipe for disaster and failure which is why GM needed to be bailed out and Detroit is a wasteland.
GM went from General Motors to Government Motors and now it is just Gone Mexican.
So folks, how do you feel about being taken advantage of like this?
I said it before and I will iterate it here. I will never buy a GM vehicle (and yes, I have owned GM in the past).
Heh, when Barack Obama gave us his simplistic approach to the jobs problem by telling businesses that they needed to hire I guess he forgot to tell his toadies that they needed to hire INSIDE the country…
Perhaps we should rename GM to BOHICA Motors.
Bend Over, Here It Comes Again…
And maybe their next car should be the Chevy Bolt since they bolted across the border…
Never surrender, never submit.
Print This Post