Free Republic

Before I tell you of all the new developments at government motors, I’d like to inform you of the true cost of the GM bailout. The “official” tally is ten billion, but the actual total cost to taxpayers is over 50 billion dollars. GM has a market cap (Net worth) of 28 billion. The paybacks we received from GM are the true, but kind. Read this for the true costs.

Articles - Publication Date 9.1.2003 Bye-Bye To 'Buy American'? --------------------------------------------------------Today's U.S. consumer marketplace is a melting pot of people, products and paychecks. Manufacturers need to ask: Does 'Made in America' matter to their customers anymore? By David Drickhamer Editor's Note: This is the fourth installment of a seven-part series that details the strategic and often gut-wrenching shifts taking place in manufacturing. It appears in the September 2003 issue of IndustryWeek. IW will introduce a new installment each month throughout the remainder of 2003. Wal-Mart's story is as all-American as they come. It grew from a regional chain in the 1960s...