Something in the back of my mind tell me there was more to these
auto bailouts than is talked about.
Within months of the bailout funds being approved GM, Ford
and Chrysler were all starting to announce new products and tech.
The money given to Americand domestic brands in perfect timing
with a media blitz on Toyota recalls, appeared like a national
protectionism operation. I am not sure what you call it but the government
wasnt just helping a company stave off mass layoffs (closing production
in the US is common place) instead it was about protecting American
brands and corporations.
If it was profitable to only keep the headquarters in the US with all
production coming.from China it would be done.
I think it would be hard to find things making much sense in this case. The media
had to make it sound like the US government was going to be vigilant
in their demands from GM. But if the real operation was to us taxpayer
funds to make domestic brands dominate again it would be difficult
to make this look like everyone was dilligent.
I just want to add...
The Camaro SS is beating lap times of 6 figure exotics on the
nuremburge. As a proud Ford fan I am not embarrassed to say
that although GM cannot seem to run a biz, they can still build a car.add
edit on 27-10-2013 by MALBOSIA because: add
edit on 27-10-2013 by MALBOSIA because: (no reason given)