General Motors Sells Out to ChinaOn Nov 2, 2013 Comments Off on General Motors Sells Out to China
This alarming video documents the shocking story of how GM responded to the taxpayer-funded bail out. It puts Milton Friedman’s theory of free trade and “freedom” in a different light.
These fatally flawed policies have promoted the ill-conceived notion that we, the free world, would change the marxists. Instead, as we warned, the reverse has happened: we have conformed to THEM. Watch this video for the full story…
Like a spoiled and ungrateful child, look what we get in return for our generous bail-out to save GM. This revealing video documents General Motors’ activity in China and its sponsorship and glorification of communism and the Communist Party:
Who would have known that we, the great United States, could not compete with FREE or government-subsidized production, or 30-cent-an-hour wages without having to become more like THEM?
Conservative think tanks have supported these policies – from Heritage Foundation to Cato to FreedomWorks and Club for Growth – each chiming in with promises of freedom for all. Instead, as we predicted, they have unleashed what is soon to become the demise of America as we have known it, along with the demise of free enterprise and millions of jobs.
Today we no longer produce enough to sustain ourselves and China owns enough to buy us out if needed. It is already positioning itself to do so.
In fact, as far back as 2007, Utah has been courting China with legislative delegations and trips. Utah has hosted Chinese business diplomats and several of our Utah legislature have recently returned from a trip to China for some kind of trade-treaty making. It is impossible to find any press on this trip. How are such actions possible under the U.S. Constitution which requires foreign treaties to be made only through the U.S. Senate?
Whatever it is, it’s China’s gain, even if based on the sheer numbers of workers they have. And we are the sitting Peking ducks.
It makes Thomas Jefferson’s words of warning from years gone by today’s reality:
“Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains.” –Thomas Jefferson to Horatio G. Spafford, 1814. ME 14:119
RIP Friedman and all the rest of your libertarian worshippers.