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China Motors

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American taxpayers bailed out Chrysler and GM with $80 billion, GM never paid back one cent the government is stuck with junk bond valued shares of stock. Chrysler was in part sold to Fiat of Italy, but GM, well, that’s another story bond holders were screwed, unions rewarded and taxpayers bilked. . All of this took place in the last three and a half years while Obama was president and Akerson was CEO of GM. Before the bailouts about 75% of GM products were produced in the USA. As of 2011, seven out of ten cars manufactured by GM are made outside the USA, the largest numbers in the Peoples Republic of communist China. That’s creating jobs in America according to Obama. GM is no longer General Motors or Government Motors it is now New China Motors. CM has 11 joint ventures in China with SAIC & FAW the primary communist party PRC government manufacturing enterprises. CM operates 2,700 CM sales outlets in China and eleven joint assembly plants and four power train production plants. CM is in the process of transferring their R&D operations from Detroit to China. Meanwhile China is purchasing scores of American CM manufacturing plants all over America including Nextier that was purchased by some obscure firm and then transferred to AVIC a PRC owned company controlled by the PRC military. They are in fact using our money (US issued bonds) that Obama issued, to borrow from them, for Obama’s socialist American conversion, to buy up GM and other American industries. What we need is four more years of Obama, so he can complete his job of destroying our country.

American taxpayers bailed out Chrysler and GM with $80 billion, GM never paid back one cent the government is stuck with junk bond valued shares of stock. Chrysler was in part sold to Fiat of Italy, but GM, well, that’s another story bond holders were screwed, unions rewarded and taxpayers bilked. . All of this took place in the last three and a half years while Obama was president and Akerson was CEO of GM. Before the bailouts about 75% of GM products were produced in the USA. As of 2011, seven out of ten cars manufactured by GM are made outside the USA, the largest numbers in the Peoples Republic of communist China. That’s creating jobs in America according to Obama. GM is no longer General Motors or Government Motors it is now New China Motors. CM has 11 joint ventures in China with SAIC & FAW the primary communist party PRC government manufacturing enterprises. CM operates 2,700 CM sales outlets in China and eleven joint assembly plants and four power train production plants. CM is in the process of transferring their R&D operations from Detroit to China. Meanwhile China is purchasing scores of American CM manufacturing plants all over America including Nextier that was purchased by some obscure firm and then transferred to AVIC a PRC owned company controlled by the PRC military. They are in fact using our money (US issued bonds) that Obama issued, to borrow from them, for Obama’s socialist American conversion, to buy up GM and other American industries. What we need is four more years of Obama, so he can complete his job of destroying our country.

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