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Originally posted by 1947flxible
reply to post by detachedindividual
I personaly am not whining, im pissed that this country is so screwed because of IDIOTS who believe the MSM like the 47% BS, lol only a COMPLETE FOOL would believe that The President isnt going to bailout his big buisness buddies aka Unions,
lets look at GM which is now going to make 7 of 10 cars in China, and move the Research and development to China aswell, this according to GMs own CEO, enjoy that good paying job pal, in China.
Q: Is General Motors becoming ‘China Motors’ using taxpayer dollars?
A: No. The restructured GM is still based in Detroit and is still one-third owned by the U.S. government. But it sells nearly as many cars in China as in the U.S. and has continued expanding operations there.
But since then, the “new” GM has enjoyed expanding sales and operations. For example, it announced in January that it is building a new, $200 million stamping plant in Arlington, Texas. And it states: “Since June 2009, the company has announced more than $6.9 billion of investment to upgrade or expand operations in 12 states, creating or retaining more than 17,600 jobs.”
The “new” GM has continued that overseas success. It sold a record 231,183 vehicles in China in May, up 21 percent from a year earlier, for example. That compares with 245,256 vehicles sold in the United States, up 11 percent from a year earlier and the highest in 33 months.
Originally posted by CALGARIAN
AND CANADA IS WORRIED TOO... because of the US.
OTTAWA (Reuters) - Canada will fall into recession if Washington does not reach a deal by year-end to avert the so-called fiscal cliff, Finance Minister Jim Flaherty said on Wednesday.