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How Obama’s Bailout of GM Subsidized China *vid*

How Obama’s Bailout of GM Subsidized China *vid*

Written by Gary North on May 25, 2012

In 2009, the Obama administration turned over $49.5 billion in bailout money to General Motors.

The company knew what to do with this money. It created jobs in China, where it has 2,700 dealerships. It also had its Cadillac division sponsor a movie produced by the Communist Party of China that praises the history of the founding of the Party.

This is called “branding.” Message: “The Chinese Communist Party is the Cadillac of Communist parties.”

The head of GM bragged in a speech in China that 70% of GM’s cars are made outside the USA.

You say you never heard about this. I wonder why not. Keep reading. It gets worse.

Watch here:How Obama’s Bailout of GM Subsidized China *vid*

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deacon's picture

what about this one?

gm and the $300 million plant in russia

If we deny truth before your very eyes,then the rest of what we have to say,is of little consequence