Take GM a company American as apple pie, the taxpayers of America feared losing this symbol of American greatness so much that they bailed it out to the tune of $80 billion dollars.
It might be interesting to see what the taxpayers of America got for their money, for one thing 7 out of 10 GM cars and trucks are built somewhere else now, or put another way 70 percent has been outsourced to mostly China, they now have 11 vehicle assembly plants 4 power train plants in China alone and the kicker is they are transferring a lot of research and development to China also.
It might be interesting to see what the taxpayers of America got for their money, for one thing 7 out of 10 GM cars and trucks are built somewhere else now, or put another way 70 percent has been outsourced to mostly China, they now have 11 vehicle assembly plants 4 power train plants in China alone and the kicker is they are transferring a lot of research and development to China also.
The reality is GM has transferred basically all of it’s state of the art technology to a communist dictatorship where there is no Democracy, no human rights, no civil rights, no workers rights, no unions, a country that workers have absolutely no control over wages, working conditions, hours of work, health and fringe benefits, holidays, we see the consequences of that in the news all the time (mass suicides).
This is the ultimate wet dream for Corporations and big money a 1.3 billion person slave pool, it is nothing more than a licence to print money for the Corporations and a disaster for the working people of North America not to mention the few companies that do stay in North America and try to compete on an impossibly unbalanced playing field as long as we embrace so called free trade.
Corporations will always gravitate towards the countries with the lowest wages, least environmental laws and regulations, least taxes, in other words the lowest common denominator, the flavour of the decade happens to be China, the losers are you and me and Democracy.
PS You might think this is just paranoia but it is hardly the first time America and the west have seen Big Corporations betray their countries best interests, there was for one the unholy alliance between Hitler and DuPont Chemical and interestingly GM who collaborated and built military vehicles for Hitler right up to and after America entered the war.
DuPont gave Hitler 7 of the most important inventions of the 20th century including, nylon and leaded fuel which Hitler could not have fought a modern war without. The American government even tried to convict DuPont with treason, but they were too powerful and got away with their crimes in the end.
Needless to say a lot of allied soldiers died because of these and other powerful quisling.
DuPont once told his board of directors that ' Nationalism is fine as long as it doesn't get in the way of profits". They not only ran the german war production plants right up to 1944 but even tried to sue the American government for bombing those very plants.
PS You might think this is just paranoia but it is hardly the first time America and the west have seen Big Corporations betray their countries best interests, there was for one the unholy alliance between Hitler and DuPont Chemical and interestingly GM who collaborated and built military vehicles for Hitler right up to and after America entered the war.
DuPont gave Hitler 7 of the most important inventions of the 20th century including, nylon and leaded fuel which Hitler could not have fought a modern war without. The American government even tried to convict DuPont with treason, but they were too powerful and got away with their crimes in the end.
Needless to say a lot of allied soldiers died because of these and other powerful quisling.
DuPont once told his board of directors that ' Nationalism is fine as long as it doesn't get in the way of profits". They not only ran the german war production plants right up to 1944 but even tried to sue the American government for bombing those very plants.
U.S. CORPORATIONS AND THE NAZIS "A clique of U.S. industrialists is hell-bent to bring a fascist state to supplant our democratic government and is working closely with the fascist regime in Germany and Italy. I have had plenty of opportunity in my post in Berlin to witness how close some of our American ruling families are to the Nazi regime. . . . "Certain American industrialists had a great deal to do with bringing fascist regimes into being in both Germany and Italy. They extended aid to help Fascism occupy the seat of power, and they are helping to keep it there." -- William E. Dodd, U.S. Ambassador to Germany, 1937. (1) There is lots of information on the net about all these quislings just google DuPont Hitler 1942 and you will be amazed how little has changed except now it is China instead of Hitler. P.S. Of special concern to Canadians is the fact that at the time of all this corporate treason Canada's soldiers were already fighting and dying in the war, so these corporations obviously had a hand in the death of many allied troops as well as civilians, sobering thought. |
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