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#1 2009-05-14 9:29 pm
- radarman
- Member

- Registered: 2005-02-28
- Posts: 3618
GM using bailout dollars to import cars from China?
http://apnews.myway.com/article/20090514/D985PEDO0.html
DETROIT (AP) - As thousands of General Motors workers await word on more U.S. plant closures, reports that the company plans to import Chinese-made vehicles to the U.S. have created a political problem for the automaker and the White House.
The reports, which GM will neither confirm nor deny, could mean trouble because GM is supported by $15.4 billion in U.S. government loans, largely due to the Obama administration's desire to preserve the company's 90,000 U.S. jobs.
The United Auto Workers charged last week that the Detroit automaker intends to almost double over the next five years the number of vehicles it imports to the U.S. from Mexico, South Korea, China and Japan.
"GM should not be taking taxpayers' money simply to finance the outsourcing of jobs to other countries," Alan Reuther, the union's Washington lobbyist, wrote in a letter to U.S. lawmakers.
The carmaker, which was in danger of running out of cash early this year, faces a June 1 government deadline to cut costs and complete other restructuring measures or go into Chapter 11 bankruptcy protection. It also has requested another $11.6 billion in government loans to make it through this year, and faces the prospect that the government will soon be its largest shareholder.
On Wednesday, Shanghai Securities News and other Chinese media reported that GM plans to begin exporting vehicles from China to the U.S. within two years, ramping up sales to more than 50,000 by 2014.
GM spokesman Tom Wilkinson in Detroit would not comment on the reports. The White House and Treasury Department did not immediately respond to requests for comment.
Nice...
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#2 2009-05-14 9:37 pm
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34096
Re: GM using bailout dollars to import cars from China?
If they do, it will help the workers here, too.
The Chinese vehicles are better made and can overall help their image.
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#3 2009-05-14 9:47 pm
- ShnickyShnack
- ::: title edited due to Satanic influences :::

- From: Rockin' out
- Registered: 2001-05-25
- Posts: 22237
Re: GM using bailout dollars to import cars from China?
We knew this was coming. The auto industry is among the last industry that halfway tried to keep jobs in America. But with everyone taking the outsourcing route, and the priority still apparently on keeping prices (and costs) down, it was only a matter of time.
Note: please delete this post.
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#4 2009-05-14 10:08 pm
- radarman
- Member

- Registered: 2005-02-28
- Posts: 3618
Re: GM using bailout dollars to import cars from China?
Tallgeese wrote:
If they do, it will help the workers here, too.
The Chinese vehicles are better made and can overall help their image.
I'm impressed you were able to say that with a straight face. I'll bet you run the tables at poker.
How about we roll around town in these: http://www.youtube.com/watch?v=g5SRyG6UR2A
I know it's not popular to be protectionist, but the fact remains that we can't maintain a high standard of living when companies charge 'American' prices, but are only willing to pay 'Chinese' wages. We are already seeing our standard of living decline, and unemployment rise.
Sure, eventually it will all average out - at which point we will be living in a third world hell-hole, right here in the good ole US of A. Frankly, I'd rather that didn't happen, so forgive me if I don't feel amenable to giving smurf companies tax dollars to offshore jobs. Let them offshore on their own nickel.
Of course, it's probably too late anyway. We are already a financial banana republic.
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#5 2009-05-14 10:13 pm
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34096
Re: GM using bailout dollars to import cars from China?
radarman wrote:
Tallgeese wrote:
If they do, it will help the workers here, too.
The Chinese vehicles are better made and can overall help their image.I'm impressed you were able to say that with a straight face. I'll bet you run the tables at poker.
How about we roll around town in these: http://www.youtube.com/watch?v=g5SRyG6UR2A
The GM cars that GM sells in China are not comparable to Chinese vehicles any more than the Ford Foci made and sold in Russia are comparable to Russian cars.
At least, it's true for Buick. While the latest reports show that Buicks are among the best-made cars sold in the US, the Chinese see Buick as the top of the line and expect them to be the best cars available, period.
Last edited by Tallgeese (2009-05-14 10:15 pm)
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#6 2009-05-14 10:36 pm
- wellfleation
- High on Life

- From: Metheun, Mass.
- Registered: 2001-11-13
- Posts: 8679
Re: GM using bailout dollars to import cars from China?
The president of GM was on Glen Beck tonight. The pres of GM was asked the question if they were importing cars from China. He said that this was not happening and would not happen in the future. He added that cars sold to the Chinese are made by GM plants in China since their business model is to make the cars where they are sold.
Btw, I never have watched Beck before - for real, he seemed like an smurf rolling his eyes when the president said he thought the unions were their biggest allies in getting out of this mess, and at another point, looking away from the camera for like 2 full seconds when the pres said anything positive about the government. I guess this is another one of FOX's "Fair and Balanced" shows, right? WOW! He seemed like Hanity jr or a want to be (god help him).
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#7 2009-05-14 10:45 pm
Re: GM using bailout dollars to import cars from China?
IIRC, Beck wasn't quite this loony when he was still on CNN. He was the token conservative. Now that he's on FauxNoise, it's like he's trying to out-crazy Hannity or something. Perhaps he wants to best Rush and take the top slot and is willing to do any gimmick (pouring gasoline on someone, having his eyes always visible the whole show) to do it. He's a nut.
That being said, jobs being exported isn't surprising. Part of the problem is wages and pensions - it's overhead that foreign automakers don't have to bear. They've passed it off to the union going forward, but they still have billions in legacy costs. Workers in Mexico cost a fraction of labor in the US. Until we get health care costs under control - or better yet off of employers' backs - and do something about retirement (gonna have to raise that SS/Medicare eligibility age) - then there really isn't a choice in the matter. People won't pay more and we won't slap tariffs on foreign goods since free trade has become the new dogma.
It is an odd thing, but every one who disappears is said to be seen at San Francisco. It must be a delightful city, and possess all the attractions of the next world.
- Oscar Wilde
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#8 2009-05-14 10:46 pm
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34096
Re: GM using bailout dollars to import cars from China?
When Beck was on CNN, he wasn't this crazy. He was just really, really stupid. I didn't mind him much because I figured that he was so ditzy nobody could take him seriously.
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#9 2009-05-14 10:47 pm
Re: GM using bailout dollars to import cars from China?
Perhaps CNN was reigning him in a bit, opposed to Fox - they don't exactly have high standards...
It is an odd thing, but every one who disappears is said to be seen at San Francisco. It must be a delightful city, and possess all the attractions of the next world.
- Oscar Wilde
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#10 2009-05-14 10:49 pm
- Tallgeese
- Sternly Advising
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- Registered: 2000-10-17
- Posts: 34096
Re: GM using bailout dollars to import cars from China?
Or maybe he's just trying too hard to fit in.
Or Fox's health plan doesn't cover Haldol.
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#11 2009-05-15 1:34 am
- jkahless
- Member

- From: Right in front of you.
- Registered: 2002-01-05
- Posts: 10018
Re: GM using bailout dollars to import cars from China?
Tallgeese wrote:
Or Fox's health plan doesn't cover Haldol.
Crack works as an anti-psychotic doesn't it?
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#12 2009-05-18 9:36 am
- NokX
- Member of the Month

- From: Knoxville, TN
- Registered: 2000-07-17
- Posts: 6301
Re: GM using bailout dollars to import cars from China?
change we can believe in.
with obama's rampage on taxing the rich and corporations it doesn't give much incentive for people to stick around. already in california and maryland companies and millionaires are fleeing those states.
fair taxation, people. not class warfare.
"This country, with its institutions, belongs to the people who inhabit it. Whenever they shall grow weary of the existing government, they can exercise their constitutional right of amending it, or exercise their revolutionary right to overthrow it." Abraham Lincoln
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#13 2009-05-18 11:15 am
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34096
Re: GM using bailout dollars to import cars from China?
Oh, shove your 'class warfare' up your ass.
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#14 2009-05-18 11:38 am
- mrreet2001
- Member

- From: NW Ohio
- Registered: 2005-05-25
- Posts: 4334
- Website
Re: GM using bailout dollars to import cars from China?
Thats not very nice.
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#15 2009-05-18 11:44 am
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34096
Re: GM using bailout dollars to import cars from China?
When the richest people in the world cry and moan about a few percent increase in taxes to help their fellow countrymen get rudimentary medical care AND call it "class warfare", there's just no polite response. It's smurfing inane.
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#17 2009-05-18 12:17 pm
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34096
Re: GM using bailout dollars to import cars from China?
ScifiterX wrote:
It's not there fault is almost as much money all but a few percent of everyone else's... oh wait...
Clearly the poor are lazy and immoral. If they weren't, they wouldn't be poor.
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#18 2009-05-18 12:29 pm
- mrreet2001
- Member

- From: NW Ohio
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- Posts: 4334
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Re: GM using bailout dollars to import cars from China?
in many cases that is true though.
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"So he fels down in a poisoning gas."
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#19 2009-05-18 12:40 pm
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34096
Re: GM using bailout dollars to import cars from China?
Yeah why don't you go and plot "laziness" against "wealth" and get back to me with R^2.
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#20 2009-05-18 12:46 pm
- mrreet2001
- Member

- From: NW Ohio
- Registered: 2005-05-25
- Posts: 4334
- Website
Re: GM using bailout dollars to import cars from China?
What in the world are you going on about?
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"So he fels down in a poisoning gas."
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#21 2009-05-18 12:48 pm
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34096
Re: GM using bailout dollars to import cars from China?
You seem to think that the relationship between laziness and poverty is significant enough to comment. I'd like you to tell me exactly how close that relationship is.
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#22 2009-05-18 12:51 pm
- mrreet2001
- Member

- From: NW Ohio
- Registered: 2005-05-25
- Posts: 4334
- Website
Re: GM using bailout dollars to import cars from China?
Are you saying that there are no people who are poor because they are lazy? Because thats complete BS. I personally know a handful of people that are poor simply because they are lazy.
I never said "all" or even "most" poor people are lazy. I said "many" ... as in more than a few.
And I would be willing to wager that ALOT more people are poor because they are lazy than are rich because they are lazy.
Last edited by mrreet2001 (2009-05-18 12:55 pm)
2.66Ghz QuadCore-Nehalem w/24"LED CD ---2.2Ghz BlackMB---15" 2.4Ghz MBP(work)
Dual 2.3Ghz G5 (4G Ram, 2x 250G HD)(10.5 server)--- 400Mhz G4 PM (10.4 Server)
1.5GHz Powerbook---1.6Ghz G5 iMac
"So he fels down in a poisoning gas."
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#23 2009-05-18 1:04 pm
- Tallgeese
- Sternly Advising
- From: Pool Party
- Registered: 2000-10-17
- Posts: 34096
Re: GM using bailout dollars to import cars from China?
mrreet2001 wrote:
Are you saying that there are no people who are poor because they are lazy? Because thats complete BS. I personally know a handful of people that are poor simply because they are lazy.
I never said "all" or even "most" poor people are lazy. I said "many" ... as in more than a few.
You must think it's a large enough number to be worth commenting on.
I still believe in liberalism today as much as I ever did, but, oh, there was a happy time when I believed in liberals.
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#24 2009-05-18 1:09 pm
- mrreet2001
- Member

- From: NW Ohio
- Registered: 2005-05-25
- Posts: 4334
- Website
Re: GM using bailout dollars to import cars from China?
Thats the fricking point of a forum.
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#25 2009-05-18 1:20 pm
- TB
- Member
- Registered: 2006-03-03
- Posts: 322
Re: GM using bailout dollars to import cars from China?
mrreet2001 wrote:
Thats the fricking point of a forum.
No, the whole point of the forum is how Fox News is the Antichrist. Or a collection of dull-witted antichrists. If not a collection then a significant enough number to be worth commenting on.
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