[Alberta's Child]

Here's a link to a great article posted on another FreeRepublic thread about the impact of foreign auto manufacturers on the economies of the states where they do business:

The Other American Auto Industry

I'd also point out that Nissan doesn't just "send profits home to Japans." Nissan is a publicly-traded company right here in the U.S. (ticker symbol NSANY), and their profits go to wherever their shareholders happen to live.

How odd is it that a UAW employee working for a Big Three company is better off with Toyota or Honda stock in his pension fund than the stock of the Big Three company he works for?

Doesn't that say something?

[bronxboy]

We have discussed this before...I know this but it in no way equals an American auto maker earnings for this country. Also, we need an industrial base in order to be a prosperous nation. These transplants received millions and millions of dollars to locate here-taxpayer money. This a bailout for sure. Also, these companies have no loyalty to this country and will soon be gone if they and their bought and paid for Senators succeed in killing the big three. Not surprising to me that all Republicans and a few Democrats who come from these states all voted no to the idea of a bridge loan for the big three. In my opinion these senators are traitors and should be investigated by justice. Those who defend them are misguided to say the least.