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Friday, September 14, 2012

China Motors

OBAMUNISM, The Party,
General Motors→Government Motors→China Motors




This was sent to me by Sarah, a very dear friend in Michigan.  She stated "U R not going to like this but it is a must watch." Or,  perhaps that directive was to her, which e-mail she forwarded. No matter. I don't like any of the Government Motors saga.

This treatment does gloss over ignore that GM was profitable worldwide, save for in the U.S. That was directly attributable to both myriad mandates and restrictions levied by congress on our auto industry

Towards the end of the video there is an attempt to ameliorate Democrat  folly  by pointing out that two Romney supporters made a fortune off the  China sale deal.  Oh my. There is no charge of illegality.

The bottom line is that, since 2009 the largest component of our industrial might during WWII is now owned by the Chinese Communist Party. I will ask one question.  Would any of this have happened under a Ronald Reagan presidency?



2 comments:

  1. Rodge,

    "...no charge of illegality."

    But profit is Bad! Bad, Bad, bad!!!

    Ask any non 1% Democrat.

    ReplyDelete
  2. The main reason GM needed to go thru regular bankruptcy was to free it from the crushing contracts it has with the UAW. This did not happened and so GM continues to be a union benefits company that unsuccessfully tries to pay for those benefits by selling cars.

    That which cannot continue, won't.

    Freddie Sykes

    ReplyDelete

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