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Thanks For The Bailout, Suckers! GM Builds A New Plant In China
http://www.rightwingnews.com ^ | may 9, 2013 | John Hawkins

Posted on 05/10/2013 3:33:32 AM PDT by lowbridge

As a general rule, corporations should be able to build plants where they want, whether it’s in America or elsewhere. Moreover, if they choose to go overseas, we should be asking, “Why is that?” Are our corporate taxes too high? Do we have too many regulations? Is there something else that we can do as a nation to be more business-friendly, to keep building plants here in America, so that we can employ more people and rake in more taxes?

However, it’s a little different with a company like General Motors.

Taxpayers lost more than 10 billion bailing out GM because Obama thinks it’s fine for his corporate allies to embrace capitalism on the way up and socialism on the way down. Now, GM’s taking some of that money that it pilfered from us and it’s building a plant in China with it.

(Excerpt) Read more at rightwingnews.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: automakers; china; gm; manufacturing; obama; sourcetitlenoturl
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To: dennisw

Ronald Reagan thanks you.


101 posted on 05/10/2013 7:46:30 PM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: iopscusa

Reagan, Sowell, and Friedman hate America too. (there’s a reason Reagan kept Buchanan the hell out of econ issues)


102 posted on 05/10/2013 7:47:25 PM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: Cringing Negativism Network

Xie means thanks.....Very good.


103 posted on 05/11/2013 1:14:36 AM PDT by dennisw (too much of a good thing is a bad thing - Joe Pine)
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Or the bareout went overseas.


104 posted on 05/11/2013 1:18:09 AM PDT by Gene Eric (The Palin Doctrine.)
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To: C. Edmund Wright

The same Reagan the put import quotas on cars, for one. It saved the big three from extinction. Thank you Gipper.


105 posted on 05/11/2013 3:58:41 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: dennisw

If you read Forbes, you will learn in every issue that there are tons of young entrapraneurs developing new businesses and products. They put the lie to your cult.

Business is alive, well and thriving among those with the wisdom to look forward rather than backward in their rut.

The world is much larger than your county


106 posted on 05/11/2013 4:44:08 AM PDT by bert ((K.E. N.P. N.C. +12 .....History is a process, not an event)
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To: central_va

Reagan was committed to free trade, but not above using some rough and tumble trade policies from time to time. That’s exactly how we all feel.


107 posted on 05/11/2013 5:15:12 AM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: C. Edmund Wright

If low or no import tariffs and off shoring were to “improve” things domestically by “forcing” big government to back down on regulations and taxes THEN IT HAS FAILED MISERABLY. We tried that for 30 years and we have to admit defeat in this area and take a different tack. Put raw greed aside and think about your country. YOU CAN MAKE IT HERE AND MAKE A PROFIT. Be happy with that.


108 posted on 05/11/2013 5:19:49 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: C. Edmund Wright

More over, if ALL regulations and taxes were eliminated domestically the off shoring would continue unabated. The lust for slave labor trumps all sense of patriotism,history, national security and ethics.


109 posted on 05/11/2013 5:28:18 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
And I will admit that, until about 20 years ago, I was a free trader but in the words of Albert Einstein:

"Insanity: doing the same thing over and over again and expecting different results."

110 posted on 05/11/2013 5:30:16 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Your statemenst are so fatuous it’s astounding. First, there have been some amazing economic years in the past 30. Besides, there were other things going on during that time outside of trade policy. And no, things haven’t been purely tried for 30 years . But to sit there and say that nothing’s happened good in 30 years and that it is all the fault of trade policy is simply the blind ramblings of a cultist.


111 posted on 05/11/2013 5:35:58 AM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: C. Edmund Wright

Are you 14 years old or off the meds?


112 posted on 05/11/2013 5:37:51 AM PDT by iopscusa (El Vaquero. (SC Lowcountry Cowboy))
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To: C. Edmund Wright
The free trade agreements and open borders and off shoring were tactics to get regs lifted and taxes lowered. Now the tactic has become an end in and of itself.

As for the last 30 years. We(USA) created the tech revolution. But Free Traders gave away everything to the turd world. Manufacturing of chips, production and the supply chain. No pc's are made here, no flat screens are made here, I could go on and on. None of that bothers you in the least.

113 posted on 05/11/2013 5:40:18 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: C. Edmund Wright
But to sit there and say that nothing’s happened good in 30 years and that it is all the fault of trade policy is simply the blind ramblings of a cultist.

So being pro American industry makes one a cultist?

114 posted on 05/11/2013 5:42:27 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Your argument is so weak that you have to constatnly do two things: FIRST, you have to assume that I don’t care about the destructive part of the creative destructive economic realty. Second, you have to connet dots that don’t connect. And third, you say (WE) when (WE) didn’t do anything - privatre people and private businesses did it.

And being in favor of free trade does not mean I am going to think every single decision by every single company involved in trade is a good one. That’s a straw argument.


115 posted on 05/11/2013 5:43:18 AM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: C. Edmund Wright
And being in favor of free trade does not mean I am going to think every single decision by every single company involved in trade is a good one. That’s a straw argument.

Ok, lets hear where you think free trade agreements and of shoring has hurt the USA. Waiting....

116 posted on 05/11/2013 5:44:50 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: iopscusa

You accused me of hating the USA or being anti-USA , or some such nonsense. I was demonstrating your absurdity....and you were being absurd indeed. If I am anti American due to my beliefs in liberty and free trade, then so is Reagan. Your indictment was so hateful and fatuos that it deserved a rapid fire demolition.


117 posted on 05/11/2013 5:45:00 AM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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To: iopscusa; C. Edmund Wright

Good job iop, you drew return fire immediately. You are over the target.


118 posted on 05/11/2013 5:47:13 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

——None of that bothers you in the least.——

Of course not. The manufacturing has been subcontracted to keep costs down and sales and profits up.

You always fail to put the events in proper order. Making money is the reason to be in business. The business of business is business, not sociology.

There is no requirement for maintaining the commodity of noncompetitive domestic labor.


119 posted on 05/11/2013 5:47:40 AM PDT by bert ((K.E. N.P. N.C. +12 .....History is a process, not an event)
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To: C. Edmund Wright

You love your country like Jodi Arias loved Travis Alexander.


120 posted on 05/11/2013 5:48:41 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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