Front Page
NMJ Search
Editorials
Commentary
Archive
NMJ Radio
Constitutional Literacy
Islamofascism
Progressivism
Books
NMJ Shop
Links, Etc...
Facebook
Twitter
Site Information
About Us
Contact Us
  US Senate
  US House
  Anti-Google






Pres. Obama, who has blasted Mitt Romney as an “outsourcer in chief,” has made no mention of GM’s rapid expansion in China and its use of cheap labor: 70 percent of GM’s manufacturing is based overseas.
Social Bookmarking
Print this page.
GM Opened Plant in China Four Months
After Closing Plant in Wisconsin

Washington Free Beacon
A bailed out General Motors expanded its small truck and SUV manufacturing in China soon after closing down similar facilities in Janesville, Wisconsin -- the plant Barack Obama pledged to save and keep open for “another hundred years” in 2008.

GM has increased its manufacturing capacity in China by 55 percent since emerging from bankruptcy thanks to a $50 billion bailout from taxpayers. An important piece of that increased capacity has taken place in Changchun, Jilin Province in China.

On August 30, 2009, GM entered into a “50-50 joint venture” with China FAW Group Corp., one of China’s largest automakers. GM’s cash influx helped boost FAW’s efforts to expand its light duty commercial vehicles and SUV manufacturing. The partnership sold more than 88,000 vehicles in 2010.

The move came four months after GM shuttered its Janesville plant, which built SUVs like the Chevrolet Suburban. The closure has become a matter of controversy on the campaign trail after Janesville congressman and Republican vice presidential nominee Paul Ryan noted the Obama administration failed to save the plant despite promising to do so on the campaign trail.

Obama stopped by the Janesville plant in February 2008 while campaigning for president and pledged to save the jobs of more than 2,000 employees.

“If our government is there to support you, and give you the assistance you need to re-tool and make this transition...this plant will be here for another hundred years,” he said.

In October 2008, Obama reiterated his claims that he would save the GM plant: “As president, I will lead an effort to retool plants like the GM facility in Janesville so we can build the fuel-efficient cars of tomorrow and create good-paying jobs in Wisconsin and all across America.”

That turned out not to be the case. GM closed the plant in April 2009 despite Ryan’s efforts to preserve it.

The Obama campaign has made the GM and Chrysler bailouts a centerpiece of its campaign, as Obama and vice president Joe Biden have claimed that their actions “rescued” the American auto industry. Democrats also plan to use the personal tales of autoworkers at the DNC next week, according to Politico.

Obama, who has blasted Mitt Romney as an “outsourcer in chief,” has made no mention of GM’s rapid expansion in China and its use of cheap labor: 70 percent of GM’s manufacturing is based overseas, while foreign purchases represent only 40 percent of sales.

READ FULL SOURCE ARTICLE

Editor's Note: So, the Obama Administration bails out GM with taxpayer money (money GM still owes the taxpayers today) and then allows GM to move jobs -- jobs -- to China...then Mr. Obama and his campaign have the nerve to say Mitt Romney "outsourced jobs"? Really?...Really???


The BasicsProject.org informational and educational pamphlet series is now available for Kindle and iPad. Click here to find out more...

The New Media Journal and BasicsProject.org are not funded by outside sources. We exist exclusively on tax deductible donations from our readers and contributors. Please make a tax deductible donation today.








The BasicsProject.org informational and educational pamphlet series is now available for Kindle and iPad. Click here to find out more...

The New Media Journal and BasicsProject.org are not funded by outside sources. We exist exclusively on donations from our readers and contributors.
Please make a sustaining donation today.







Opinions expressed by contributing writers are expressly their own and may or may not represent the opinions of NewMediaJournal.us, its editorial staff, board or organization.  Reprint inquiries should be directed to the author of the article. Contact the editor for a link request to NewMediaJournal.us.  NewMediaJournal.us is not affiliated with any mainstream media organizations.  NewMediaJournal.us is not supported by any political organization.  Responsibility for the accuracy of cited content is expressly that of the contributing author. All original content offered by NewMediaJournal.us is copyrighted. NewMediaJournal.us supports BasicsProject.org and its goal: the liberation of the American voter from partisan politics and special interests in government through the primary-source, fact-based education of the American people.

FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance a more in-depth understanding of critical issues facing the world. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 USC Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to:http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.


The Media Journal.us © 1998-2014    Content Copyright © Individual authors
Powered by ExpressionEngine 1.70 and M3Server