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Saturday, May 9, 2009

GM Restructuring

GM's restructuring plan includes more jobs manufacturing cars. But those jobs will be in Mexico and China, because they are moving some of the manufacturing there.

But...I thought this bailout was to save the "American auto industry"? So we are now bailing out the Mexican and Chinese auto industry, while those who really make cars here, like Honda and Toyota, are on their own?

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