GM/China Motors?
 

What's wrong with this picture,..or actually, what's right?..
I'm sure Eddie will tell us...
I hope this one doesn't cross the line...but it appears to be a bi-partisan screw job..


http://www.youtube.com/watch?v=Lvl5G...ature=youtu.be

Re: GM/China Motors?
 

I lost my GE job to the Chinese along time ago, this is way businesses do business. You are going to tell me that if you were close to retirement age you wouldn't sell your business to the highest bidder and not care who it is?

Re: GM/China Motors?
 

Sad but there is a piece of the puzzle which includes people in foreign countries earning a salary to buy products from us but....If a business is well run it tries to compete by "using ALL the tricks," using all the tax loop holes, etc. Now we need to open up the tax rules HERE to suck the factories back into the country. And the government wonders why we are failing in manufacturing today.

Re: GM/China Motors?
 

I wonder what the cost of labor is to build a GM car that makes the stockholder see $$$. When I worked at GE our cost of labor was $70 per hour, Scotland was $45 and Brasil was $25. As a stockholder that charges your customer $90 per hour regardless, where would you rebuild jet engine, they all meet FAA requirements and are ISO 9000 certified. China's cost of labor is probably south of $5 per hour. I don't care tax breaks you give these companies, it just isn't enough to bring them back.

Re: GM/China Motors?
 

This is a sidebar to this topic. I wonder what the reason for this is?

http://patriotupdate.com/22820/commu...ity-in-america