Thursday, May 14, 2009

Boy that bailout is looking better and better all the time

General Motors, recipient of a massive bailout from taxpaying Americans, is closing plant and cutting workers here in the United States.

Now, adding insult to injury, GM is going to import Chinese-made vehicles into the U.S.  And, over the next five years, plans to double the number of vehicles imported from Mexico, South Korea, China, and Japan.  (Link to story here.)

Aren't we all glad that America is subsidizing Chinese, Mexican, South Korean, and Japanese jobs on money that the government is borrowing (much of it from China) and which we (or our children) will have to pay back?

Washington at work . . . stupidity on parade.  

Hunker down.  Hope for the best.  Pray.  And throw the bums out in 2010 and 2012.

No comments: