Tag Archives: General Motors

American Capitalism Gone With A Whimper by Pravda

It must be said, that like the breaking of a great dam, the American descent into Marxism is happening with breathtaking speed, against the backdrop of a passive, hapless sheeple, excuse me dear reader, I meant people. True, the situation … Continue reading

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General Motors Is Becoming China Motors

This video is absolutely amazing! I would not buy a GM vehicle if they were the last manufacturer on earth!

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Race Played Role in Obama Car Dealer Closures

By William Tate The Obama administration, already under fire for unprecedented allegations of racial bias, faces a new bias claim from a most unlikely source: one of the administration’s own inspectors general. Decisions on which car dealerships to close as part … Continue reading

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The Russians See What Is Happening In The US – Why Don’t Democrats – Or Do They?

The  irony of this article appearing in the English edition of Pravda (Russian on-line newspaper) defies description.  How can a Russian newspaper print the following yet the American  media will not? Check Snopes link http://www.snopes.com/politics/soapbox/pravda.asp American  Capitalism Gone With A … Continue reading

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CIT Bankruptcy Filing Will Cost US Taxpayers Another $2.3 Billion

CIT group, America’s leading specialist lender to small business, filed for Chapter 11 November 1st night in the fifth biggest bankruptcy in US history. The collapse of the 101-year-old Utah-based lender, which trails behind only those of Lehman Brothers, Washington … Continue reading

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Toyota to Shut California Car Plant

Toyota Motor Corp. will shut a California auto-assembly plant that operated as a joint venture with General Motors Corp. for 25 years, the first time Japan’s largest carmaker has closed a factory at home or abroad, according to two people … Continue reading

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Something Is Rotten In The Auto Bankruptcy Deals

Here’s how the Dow News Wire described the carnage: “GM said it would close 17 factories and parts centers and lop off 20,000 more jobs by the end of 2011 in Michigan, Indiana, Ohio, Tennessee and other states [many of … Continue reading

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Divided We Stand

What would California look like broken in three? Or a Republic of New England? With the federal government reaching for ever more power, redrawing the map is enticing, says Paul Starobin Remember that classic Beatles riff of the 1960s: “You … Continue reading

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75% Of Americans Polled: Let Carmakers Go Bankrupt

Three-quarters of all Americans think that the federal government should let General Motors or Chrysler go bankrupt rather than pumping in more money, according to a new CNN/Opinion Research Corporation poll. Most say that the economy would not face major … Continue reading

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Federal Budget Deficit Sets March Record As It Soars To $192.3B

The Treasury Department said Friday that the budget deficit soared to $192.3 billion in March and is nearing $1 trillion just halfway through the budget year. Last month’s deficit, a record for March, was significantly higher than the $150 billion … Continue reading

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