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And what kind of plants? Will those plants make products for China?
BTW...Should the Japanese, Koreans and Germans remove their U.S. plants?
The only problem i'd have is if they close a U.S. plant and reopen it in China.
Oh, and BTW...HELL YEA i'm glad that we bailed them out. Absolutely.
It is utter delusion to asserte that anybody bailed GM out. We bailed out the UAW. GM would have survived intact. It "may" have had to reorganize under the protection of Bankruptcy, but that is what BK is for.
Look at the Progs defending outsourcing when it is done under the Obama admin. The truth is, THIS IS WHAT PROGS WANT! That entire social justice thing was a lie, atleast here at home it is. When the administration speaks of social justice, they mean in the WORLD! They WANT to send out money to other countries in an attempt to "level the playing field" and Obama supporters are all for it, even if it makes us a poorer nation, then they complain about it and blame the R's.
Government should NEVER bail out a business. NEVER!!!!!
Generally, i'd agree.
However, Japan won't let Toyota fail. They'd never let Honda fail. Hell, they'd never let any of their huge manufacturers fail.
Ditto Germany or France...or S. Korea. You think they'd let Hyundai fail? Hell no.
So long as our competitors will save their auto manufacturers, we should save ours. Hell, we're already paying for the defense of those nations as it is. No wonder they can afford to subsidize their corporations.
Strings should have been placed on the American taxpayer bailout, namely to keep the jobs here. Oabam has run his mouth about doing something about the outsourcing, but so far it's just talk (nothing new).
The government forced the Japanese automakers to build cars here, so why not domestic companies?
The reason is that the American CEOs would not be able to pay themselves the outrageous sums they do if they couldn't justify it, and what better way than outsource labor costs to 3rd world countries?
Average pay of Chief Executive Officers (CEOs) to average worker:
I look at this as a catch 22. If we had not bailed the automobile companies out, unemployment rates would have gone up into the 30% range. The bailout kept the unemployment rates from skyrocketing to record levels. I will give that a little credit. However, when we did bail the companies out, they aren't producing many jobs for Americans, if at all.
And the chart showing the worker/CEO pay gap tells me this: there is so much greed in this nation. So many people talk about how it's expensive to create jobs in this nation, but few people ever consider that CEO's get paid over 400 times more than the average work.
The fact is, the only thing many people care about is money, period. The bailout didn't solve that problem. There should have been conditions on the bailout. That being said, I doubt many companies would have taken the bailout under those conditions. We are in an era where companies are looking for a cheap workforce, at least many companies are. As far as alot of companies consider it, it isn't about the worker, it's about the bottom line. It is about the money.
Strings should have been placed on the American taxpayer bailout, namely to keep the jobs here. Obama has run his mouth about doing something about the outsourcing, but so far it's just talk (nothing new).
The government forced the Japanese automakers to build cars here, so why not domestic companies?
The reason is that the American CEOs would not be able to pay themselves the outrageous sums they do if they couldn't justify it, and what better way than outsource labor costs to 3rd world countries?
Average pay of Chief Executive Officers (CEOs) to average worker:
The ratio in 1980 was about 30:1 .... Say, what started happening to the US Middle Class in the 1980s?
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