As Predicted By AutoSpies.com-GM Saying Bye-Bye To USA Jobs And Nee Hao To China With YOUR Tax Dollars!

We'll ship the jobs to China so the Chinese will continue to buy our bonds. This is imperitive to continue to fund the bailouts and Obamanation takeovers of all remaining American businesses. Even more importantly, the money is needed to continue sending out the annual "stimulus" checks.

"This stimulus package will create or save 3-4 million jobs" Maybe someone should have told Obama's teleprompter that those jobs are supposed to be here in the US.

God Bless the USSA

— MOCON10:

| We'll ship the jobs to China so the Chinese
| will continue to buy our bonds.

They won't continue to buy the bonds because these cars will not be sold in the USA. Their target market will be in Asia.

GM job is not to be a nice guy and employ overpaid Americans but to make money. They'll make more when building cars in China.

Bailout mercy? Receiving taxpayer dollars? As said, this is business where morality has no place. Rules of democracy enabled GM to enforce bailout decisions on politicians so the corporation did. Now they opt for more profitable options just as any corporation would.

MY COMMENT HAS NOTHING TO DO WITH THIS ARTICLE BUT HERE IT IS. AGENT001 THERE ARE TWO THINGS WRONG WITH YOUR QUOTE. FIRST IT SHOULD BE "IF YOU SEE SOMEONE THIS WEEKEND WHO SERVES OUR COUNTRY, THANK THEM!" SECOND WE SHOULD THANK OUR MEN AND WOMEN WHO SERVE THIS COUNTRY YEAR AROUND. NOT JUST THIS WEEKEND. JUST SOMETHING I NOTICED. -THANK YOU.

T,

For the love of God, turn off your caps next time.

Wow! As predicted... 001 is know-it all prick!

Brembo,

001 is not a know-it all, but, he does know a thing or two about business.

Man, the truth must really hurt you.

001

I'm sure 001 does. Just the practice of rubbing it your face or "I told you so" crab just doesn't help especially for those who will be out of a job.

And you're still a prick for being a know-it-all.

Brembo - you are treading on thin ice

I've been called worse.

I madder than ANYONE about this.

How can the media not hold the President's word to the fire when you say;

"The path I'm laying out today is our best chance to make sure that the cars of the future are built where they've always been built, in Detroit and across the Midwest."

He KNEW this before...the guy is too smart not to have known.

DON'T make promises you can't keep.

The people of Michigan and the Midwest are hanging on this guys words and they are getting butt-you know what by him now.

001

A president telling a lie. Is this a shocker? I think I can go through just about every previous administration and point out bigger even bigger lies. and guess what, there will be more to come with this one and admins to come. Did we really expect an honest politician? Seriously. We just have to chose the one that is best for the job out of the bad choices we continually have.

And 001, I think Fox News is hiring. Maybe you can become the next Rush Limbaugh through autospies.com and further damage your party!

009,

What are you going to do? Cancel my registration. Oh well for me. What will I do?!

The reality is the UAW has driven GM to do what is best for profitability; find cheap labor.

Ideally, GM should declare bankruptcy and move its operations out of Michigan and out of the UAW's firm grasp.

Until then, GM will have to turn to countries abroad to locate cheap labor in an effort to seek profitability in these desperate times.

If this were entirely a question of "cheap labor" I'd have more sympathy for this position, simple-minded as it is.
China imposes an 18% tariff on US auto parts and keeps their currency 20% undervalued. Korea makes sales of US made products, even cigarettes, illegal, and Japan's market has been effectively closed by non-tariff trade barriers for decades.
If someone shows me a country where the mythical and magical "free market" exists, I'll listen, but in the name of a delusional philosophy, we're gutting our economy.

I wonder where they got that figure from, is that just hourly wages? and the benefits packages on top of it fill out the rest of the $73 an hour average? imo Obama isn't the one to blame, its the Union babies. If Obama is putting the gun to the UAW's head, and the UAW still doesn't cooperate, pull the god damn trigger.

Fine w/ me provdided KOREA can buy as much US bond as CHINA.

So now people will blame Obama yet again, while auto manufactures practice some homegrown capitalistic practices.

Big business and governments worldwide have been pushing for globalization and integration of economies. This is the result, why should we be surprised? It has happened in several industries and will continue to do so.

Globalization (as in free trade, not the fake deficit-based crap we have) allows for more specializing, higher efficiency and profitability, therefore brins more prosperity.
Let them take a freakin' hike to China or wherever they want. The major piss-off factor though is that they're running with our money (i.e. the bail-out cash).

I guess the only positive is that those "hard working" morons from Michigan and the likes are getting their money's worth for electing the clowns currently in office.

Globalization also mean free movement of capital.

I'll say shut GM down and put heavy tax on imported cars. This is good for government revenue and environment. Wait..... can we even do that after all this horn-blowing "beautification" of globalization?

Boy, that strategy worked just great in Latin America. Everyone in the world is flocking to buy Colombian and Brazilian built cars!!

Who cares? Either way, its cheaper in China! To cheap. We really need to make importing good from China (and India) more expensive so that Americans can compete and companies will really have to chose to be a global company over just saving dollars on manpower.

Yes, but at least they make good cars.

Good point. The only reason that European cars can compete in the US is because of their national health care and pension systems. This, along with the VAT system, and different national oil and energy policies, makes importing US cars to Europe impossible, and effectively subsidizes exports to the US (not even counting the massive subsidies paid by the "Detroit South" states).
Europe's unions make the UAW look like Brownie Scouts on a picnic.............I've watched the biennial shut down of France enough times to know this

UAW has killed the golden goose, it's time to face the sad truth of Globalization.

" Racial slurs and Confederate Anything: money, flags, air force, etc.. should be illegal"

Ok...but does it stop there? Does it become "Hate Speech" to criticize the President? Or Israel?....Just where do your proposed violations of the 1st amendment end...When YOU have "Free Speech"...and the rest of Us DON'T?

Also.. "Guns should be legal, and gun registrations should be a constitutional question settled for a later date"

Guns are needed,Our Founding Fathers realized,...To protect the American People, from the American Government.

But, don't worry...if you have purchased any kind of Firearm, in the last 20-25years...a copy of the purchase paperwork, was sent to the Bureau of Alcohol Tobacco and Firearms...It's already "Registered"

WOW....GM starts to show more levels of failure/stupidity in the very near future. Just like their GM Trucks/SUVs, just because it made tons of profit, it evidently shows it will become a failure for the long term. Just like the move to communist China. There will be high levels of backlash by their own American people on the GM brand in the very near future. And will open doors on all other brands to captilize the U.S. Consumers. While chinese made GM cars will be built with sound insulation filled with asbestsos, low grade metal frames filled with lead. Plastic panels that over a 3 years time will start to get oily and emit toxic fumes for whatever reason. And the crashsafety for these vehicles...nothing good to say there either. It may sound what I have said be, too over the top. But considering the history of chinese manufactured products and the poor track records that are surfacing faster than you can say "Cat in the hat"...Remember when the U.S. Government had nothing but bad things to say about a "Communist country?!?!?"....what is the "EXACT!" reason again?....You FOOLS!!!.... When will GM, especially the White House ever learn...?!?!?....As for the U.A.W(in this day & age....forget your job rights & what you believe in good Ol' U.S.A.).......cause either way you are SCREEEEWWWWEDDDDDD!!!!.....OHH!!! And by the way...is this how U.S. pays back China for all the BILLIONS China had to shell out to the U.S. cuz the country is a bunch of broke asses!!!

You guys are a hoot!
GM slowly goes under and it's the worker-bees fault, not the suits with their hands on the wheel?

How about looking at it from this perspective...

If you have an infection in the arm, perhaps you have to amputate, in order to save the rest of the body...

As with GM, sometimes, you have to give up the jobs temporarily to China, in order to get the company healthy again, then you could start to heal from there...

And the jobs WILL return to America..Just as soon as OUR CHILDREN are willing to work for 3 Dollars an hour..and the average worker in China is making 20 to 30 Bucks an hour.

Give it 30 or 40 years.

If GM wants to survive that long, perhaps thats what they have to do. Its all about sacrifices in life, because an optimist would say that there may be better things in the future...

The pessimist would relish in the present and think that the conditions/work environment now will reflect how it will be in the future...

And a Realist looks at "The Big Picture" and sees what is planned.

You're missing the Point...GM survival isn't what we should be looking at..

What we are really looking at is the END OF AMERICA AS AN INDUSTRIALIZED NATION

GM with a 100 years in the car game....there's really no more excuses for their actions. UAW/CAW wether it's their fault or not, they are SCREEEEWWWWWED!!!...and just like GM they did not think for the long-term to avoid this sort of ordeal!!! As for those so called white-collar execs, bad economy or not, it was only a matter of time before the nightmare begins....c'mon guys the proof is already in the pudding!!!

Wow ! More Repulican "party of No" as a economic policy talk comments.
GM is investing in China ... why ? Because they are the only ones buying GM products !!!! China has been the only market that GM has made top dollar.
US operations are distinctly different and make distinctly different cars. More to the point if you really follow whats happeneing in China, you will see that the Chinese are pushing for the sub 1.6l engine capacity cars to rule the future growth of the market. (i.e. they have only 1% tax as opposed to 40% for anything bigger)

001, you run a website that makes you money. I would have thought you were far more levelheaded in basic business and market research to make such a poor statement that is nothing more than right wing chatter for their "brown shirts".

American jobs have been going to China ever since Reagan became president. What's new?

Funny how these know-it-all right wingers come out with their panties in a bunch as soon as they loose power. When they were in charge, you didn't hear a peep from people like Agent001. And they are the ones who created this mess.

Dum, dum. the Dems deregulated the banking industry.

LMFAO

Obama 2012

You right wing clowns are DONE. It's over. You had your chance for 8 years and we have nothing but a disaster after a disaster to show for it.

HAHAHA Obama will pull a dubya???? HAHAHAHA WOW you right wing clowns really are out of touch with reality.

Let's see...Bush over spends his brains out and he's an idiot and now Obama quadruples down on the spending but you're saying he's making the right move?

Bush was wrong for over spending and now Obama is 4 times as wrong based on what's he's spent so far in my opinion.

And he has not created ONE good paying job since taking office in the areas effected the most.

And is he KEEPING his promises to the millions in trouble;

"The path I'm laying out today is our best chance to make sure that the cars of the future are built where they've always been built, in Detroit and across the Midwest." President Obama.

You're missing the point, this is not anger over just Obama.

Bush sucks too.

Bush + Obama = 0

Politicians...ALL LIARS!

001

are you people really that painfully stupid? so the problem for the past 8 years was too much spending?? really??? so if Bush did not spend as much we'd be doing awesome right now??

WOW


And now is the time to spend. We have to save our economy from collapse, and that can be done only with spending. Like we did after the great depression. Your idiotic tax cuts are played out and a miserable failure.

And we have to spend to invest in our future. Bush flushed trillions $$$ down the toilet and we have NOTHING to show for it. A stupid war and some tax cuts for rich people. That's pretty much it.

We need energy independence, health care, infrastructure if we want a strong country. china is investing $300 billion a year in a modern 21st century infrastructure. china will overtake US if we fall behind.

Educate me and tell me what we'll have to show for these moves in 2 years besides bigger debt, more jobs offshore and the government in the car biz?

Ever been to the post office or the DMV?

They don't have a track record knowing how to run anything right.

And how will we PAY for health care?

More taxes, is that what you want on top of what we're ALREADY taxed?

001

hell yeah we should raise taxes. republicans pretty much abolished the property tax in california. now CA is bankrupt.

And the problem with health care is that 50 cents of every dollar in health care costs is going towards pockets of greedy health insurance company CEO, not health care.

We need socialised health care. We have a governemnt run military, police department, fire department. Heck, we've had medicare for a generation already.

And no, it would not make us a socialist country. Just like a tax payer funded military or a police department does not make us one.

And Obama does not want to be in the car business. These morons have messed up so bad that he has no choice now. But once they restructure they will be privatized again and hopefully making the kind of cars people want to buy.

Medicare? That's some good example!

Gee if GM is losing sales now....just wait till they start bringing cars over from China!!!! At least the Japanese build plants here in N.A. and create jobs!!!

Good, death to the f'ing UAW!!!

:-D

Isn't there some car stuff we should be talking about instead of politics crap?

oh no! socialism! I don't hear republicans saying we need to abolish social security, medicare and a tax payer funded military/police and fire departments. Until they do, they are just as big of "socialists".

And who is asking for a handout? The people driving the Porsches are the ones who've been getting the handouts for many years now.

And Obama did say we need to make ourselves smarter. His goal is to invest in education and make USA the most college educated country per capita in the world by 2020. What do your right wing morons offer? NOTHING.

Funny, when the budget went bad. Education cuts were the first on the board.

Once again, the subcompacts in this discussion are a very small part of the current market and GM sales. And the video says that GM's relative success in China props up entire GM worldwide.

And how's this different from GM currently importing cars from Mexico/Canada? Same exact reasoning, but it's not China. Is location the only difference in opinion? I would expect a GM product made in China to be equally as good as a GM product made in Korea, or Mexico, or Canada, or Ohio. Other car makers have been able to figure that out, I am sure GM has as well.

Couple of thoughts on 001. First, I really hate it when you and 009 hype your "insight" and "first to post" sentiment. This prediction of moving more operations to China is old news, and not just old news for GM but for Corporate America as a whole. Secondly, you and 009 are in So Cal I believe, home of the Republicans and the free market gov't-hands-off belief. So what's wrong with GM trying to find their cheap cost production base, isn't that what free market believers like you have been screaming all these years? Let these companies do their thing because they know their business the best and gov't should just stay the hell out? As to your comment about spending our way into more debt, I'll grant you and the Republicans know that best. That's right up your alley. The fact that Obama now has to spend to solve the economic and financial crisis that the Republican managed to get the world in only speaks volume about taking on the problem as it arises rather than sit back and wail ideology.

huu, if you're going to go back to history, go back to Reagan and Thatcher. That's when Hands off Gov't mentality became truly popular. As to your reference about bubbles in years before Bush, just say it, Clinton years. FYI, 93-95, Clinton had a Democratic majority in both Senate and House of Reps. But from 95 - 2001, Clinton had a Republican majority in both Senate and House of Reps. And know your country's gov't system, the Senate and House of Reps and their members legislate regulations and policies, you know, that led to your aforementioned tech bubble? And Greenspan's faith in supply side economics? Lastly, regarding Bush, he had his party majority and he screwed up foreign policy, allowed spending to freewheel (and I don't just mean the Iraq war, aka the War of Mass Deception), and heavily undermined regulations. "Resource/oil speculators.." yeah right, Bush would dream that's his shortcomings. Inadequate regulations plus overdose of supply side driven credit, that's the main reasons behind the economic crisis as agreed by economic and financial institutions. Your economic and history analysis is poor at best.

One more thing huu, if you're going to refer to years before Bush, the key player during that period is Greenspan. He did a fabulous job of helping the country get out of the recession of the elder Bush in the early 1990s, but he also swore blind allegiance to supply side economics and free market mentality from his earlier success. His work in the 2nd half of the 1990s was recently regarded as the seed of deregulations, over reliance on free market efficiency. He himself admitted to this 2 months ago in front of Congress. The last time I check, he's not a Democrat either.

The CNN report is misleading in that GM has stated that they are not using tax dollars to expand in China. GM has said all along that tax dollars are being spent in the U.S. We buy GE, Phillips, RCA, and other America based company products that are made in China, so what is the problem with buying GM products from China. Our government started this in action decades ago, by allowing far east vehicles into this country, while the far east countries have essentially kept a closed market to our cars. Tell me what is fair about that "fair trade"?

I love the products that GM has been putting out the last few years, and the future product pipeline is loaded with products that will blow us away. Once GM is out of bankruptcy, and sales of cars get up over 13M SAAR, GM will be paying off their taxpayer debt, and buying out the government and UAW interests in the company. GM should be a privately held stock held company within 10 years.

Growing up in Oshawa, Ontario dubbed "The City that MOTOVATES Canada" is whacked by this GM move. Try and figure this... GM Oshawa has two plants and they were ranked #1 and #3 in all of GM factories. Why would they close one of them. THis is insane. Take your #3 overall plant in quality and productivity and close it. Keep a US factory that is deemed #14 and keep that running. Makes no sense.
Now move this manufacturing to China? GM could have starred in the movie Dumber and Dumber.

"Ni juede wo hen ben ma? Gan ni lao shi." ^____^

huu, if you're so up on history, then read it again. How do you get out of a credit and confidence crisis, what's left of the stock market, what's left of capital? What do you suggest, let 15%- 20% of the population and a global economic crisis go unattended as you protect your ideology? You're a sad case of back seat driver, on the wrong road. Get off you f...g ideology podium. If you're the only remaining entity that can mobilise fund base on credit, you go into debt to keep people working. Why don't you tell your Canadian gov't what business do they have supporting American car companies.

"If you take a look around the world, the strongest economies have governments playing an active role," said McGuinty.

"Free markets are alive and well, it's just they have a new partner, and that's the government."

Thank God your own gov't is smarter than its own citizen such as you.

huu, "...US unemployment is nearly 10% already, not far off from your 15%..." Yep, you just validated my point. If it wasn't for Obama's, and the Euro's, and Japan's, and China's, fiscal stimulus package, it would have been worse. End point and thank you for your support huu.