Tag Archives: bailout

New Political Ad: China

Also keep in mind that government is now a major owner of GM and Chrysler/Jeep, and recently both have announced that they are moving manufacturing to China.

GM Brags: Since bailout 70% of our manufacturing outside of US. Announced GM R&D moving to China (video)

Jeep throws in the towel, moving production to China

[/sarcasm] But I thought that the bailout’s were about keeping jobs here……

GM: The Deadbeat of America? (video)

Now that some forecasters believe that GM will go bankrupt again (largely because of government meddling) we have this devastating political ad.

So far the government has lost 50 billion on GM. Not to mention all of the jobs lost when the government targeted for closure car dealerships owned by Republicans.

Related:

GM Brags: Since bailout 70% of our manufacturing outside of US. Announced GM R&D moving to China (video)