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Originally Posted by hellraiser

Incredible!

Since Rodimus isn't here, I'll be the first one to say you are a troll.

Originally Posted by hellraiser

This is a cut from Cnn lou Dobbs report last night on Cnn..I pulled it from the transript linked below...

The Obama administration invested billions of dollars of your money to bail out General Motors. Now that the automaker has emerged from bankruptcy, GM has shifted its global operations to communist China and believes its future lies in the Chinese market -- this at a time when another general, General Electric, is trying to create jobs in factories right here in the United States. It's a tale of two generals. Bill Tucker has our report.

(BEGIN VIDEOTAPE)

BILL TUCKER, CNN CORRESPONDENT (voice-over): General Motors sold one and a third million vehicles in China through September. That put communist China just a couple of hundred thousand vehicles behind the U.S. GM expects that market to overtake the U.S. market projecting market growth of up to 50 percent in the region, which is why GM is expanding there.

RAY YOUNG, CFO, GENERAL MOTORS: In the future, with this type of explosive growth in the Chinese market, the Chinese industry, I do expect more of our production of General Motors will be based in Asia and China simply due to the fact of domestic market growth.

TUCKER: When GM emerged from bankruptcy back in July, it made Shanghai its international operations base. The concern expressed by critics is GM is building in China, not just to sell in China, but to turn around and import back to the U.S.

PROF. PETER MORICI, UNIVERSITY OF MARYLAND: General Motors goes to China to sell cars there, but it has got joint venture partners, who it's teaching how to make cars. It's not just General Motors that will be sending cars back but Chinese automakers as well.

TUCKER: Another of America's generals, General Electric is making a different sort of declaration.

UNIDENTIFIED MALE: We very much believe that the U.S. has to be an export oriented country.

TUCKER: Earlier this year, GE announced it would expand facilities and production in its Louisville, Kentucky, Schenectady, New York plants and build a $100 million research facility in Detroit, Michigan. Immelt wants America's manufacturing base to rise to 20 percent of total employment or about twice what it is now.

UNIDENTIFIED MALE: The people of GE...

TUCKER: The company touts its U.S. investment strategy to create jobs in its commercials. Analysts though say there's a big difference between GM and GE. REBECCA LINDLAND, IHS GLOBAL INSIGHTS: Money -- you know money doesn't buy happiness but it buys an awful lot of freedom. And GE is profitable and GM is not right now. And so in the short term, for the next few years, GM has to chase the money.

TUCKER: Which the analysts say is how taxpayers will get a return on their investment.

(END VIDEOTAPE)

TUCKER: And that is the biggest irony, say the critics of the government's bailout of GM. It is us, the U.S. taxpayer dollars that bailed out the company, allowing it to expand and create jobs in China. Lou?




http://transcripts.cnn.com/TRANSCRIP...14/ldt.01.html

They are just expanding in China. That's it. The whole "Omg they're moving to China" is nothing but the CNN Correspondent's speculation.