This really is not right. We are spending billions and are now part owners of GM (aka Government Motors). This was done in order to save American jobs. As a reward for us bailing them out, GM is planning to import cars made in China!
Chinese imports could bring GM political troubles
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.
Government sponsored outsourcing is wrong. The point of the bailouts was to preserve American jobs, not build up China’s economy. The Corporatists have helped turn China from a backward 3rd world nation, to a Regional Superpower with a modern Military. This has been done at the expense of American jobs. This is a national security issue for me and I feel the Corporations that are outsourcing jobs to a military rival like China are traitors. This is wrong and I hope Congress kills this idea.
If we bail out an American company, the jobs must be kept in America.
Tags: China, Corporatism, GM
