Today's Los Angeles Times reports "GM posts first profit in 3 years". And how did they do it? They closed plants and laid of employees. But the rationale for investing billions of our dollars in GM was to save jobs!!
What a load of crap.
We have an excellent auto industry that pays good wages, provides health care benefits, makes cars Americans want to buy, and those jobs aren't going anywhere.
The U.S. auto industry just isn't in Michigan anymore. If you want to find out exactly where the thriving U.S. auto industry is located, you can find the answer in our book, "The Great Recession Conspiracy", and you can find it at www.scribd.com/doc/16864582/The-Great-Recession-Conspiracy for the bargain price of $4.95. It is also a Kindle book.
But here is the good news. Nowhere is Goldman Sachs mentioned in this piece.
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