Sunday, May 02, 2010

The real reason GM paid off their loan was to abandon American Workers AGAIN.

The CEOs of GM must absolutely hate the USA !

GM just could not wait to outsource more American jobs.  Could absolutely not wait.
 

...The first batch of engines to be used in the Volt will be sourced from a plant in Aspern, Austria, but eventually GM plans to update one of its existing Flint plants to start construction of the new powertrains. The move will save money and utilize available floorspace within the Flint South engine plant on Bristol Road, reports The Detroit News....
ANY and all future loans or bailouts to GM needs to be put 'on hold' for review of appropriate nature to the best outcome of the USA economy.

There is a PERFECTLY good plant right there in Flint, but, yet GM, with the USA as 66.2% stockholder is CONSTRUCTING a new plant in Austria.

I don't think so ! 

The USA market is their largest and is so because most Americans that purchase GM cars and trucks believe in American labor.  Well, that isn't true anymore and I really don't believe GM wants to see nearly one fourth of their market share dwindle to nothing.  

Now do they?  

I hate that word boycott, but, hey ya know, with a CEO that hates American labor this much, time to rethink what we are actually believing about GM. 

I demand an investigation to the mistreatment of the 'good faith' agreements with GM that never allowed for unnecessary spending that increases costs, regarding loans and bailouts.  I demand it as a majority stockholder.

I don't feel like bailing out another failed company because they seem to think we are 'into' them for so much.  There are misuse and abuse of assets GM already owns while the CEO has gone on an ego trip to Austria.