Thursday, May 14, 2009

WILL "OBAMA-UAW" MOTORS (GM) CREATE A TAXPAYER-FUNDED CHINESE BEACHHEAD?

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It was a screaming banner headline on the Drudge Report. “GOVERNMENT MOTORS: CHINESE-MADE CARS TO USA!"

At the same time that 3,000 hard-working American automobile dealers were about to get their pink-slips, General Motors advised that its federally-funded restructuring apparently includes importing thousands of small cars from poverty-wage developing countries, including the People’s Republic of China.

Predictably, the United Auto Workers union spokespersons went apoplectic.

The internationalist free-traders immediately rallied to “Government Motors” defense, as they are ideologically unable to ever see anything wrong with increasing Communist China’s predatory takeover of world manufacturing.

Wedging open the floodgates to the future dumping of Chinese cars in the U.S.A. may make short-tem sense to GM's green-eye-shade gang (who are desperately trying to figure someway a mess like "Government Motors" can earn a profit while complying with 35-40+ m.p.g. Corporate Average Fuel Economy Standards, "Cap and Trade" carbon taxes, EPA, OSHA, greedy unions, trial lawyer pirates, platinum health care plans and other costs of doing business in 21st Century America)

However, from a strictly political standpoint, it's unbelievably tone-deaf.

Moreover, it's somewhat speculative that Americans will immediately rush in to buy Chinese-made "Buicks" and "Chevrolets."

It does, however, lay the foundations for Chinese domination of the U.S. light vehicle market in 15-20 years, as GM teaches the CHI-COMS all about U.S. regulatory compliance and breaks down nationalist/political resistance to Chinese vehicles. A collaborator makes that process much easier. Once that happens, the Chinese will take advantage of the grossly undervalued yuan (based on purchasing power parity analysis) and virtual slave labor to blow everyone else out of the low and low-middle ends of the market.

What was it that Vladmir Ilyich Lenin said? . . . "The Capitalists will sell us the rope with which we will hang them." Apparently GM and the Democratic Obama Administration want to be in the "rope selling" business.

While U.A.W. complaining may extract a few concessions and some featherbedding, don’t look for anyone in the federal government to nip this threat in the bud. We’re simply too dependant upon CHI-COM purchases of U.S. debt and too beholden to multi- nationalist ideology.

Besides, if GM doesn’t do it, somebody else most assuredly will.

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