Tag Archives: GM

Microsoft Threatens US With More Job Offshoring

Picture 3The World TRADE Center was the centerpiece of corporate/statist Americans seeking to get rich while opening the doors of the US to a flood of imports.  Offshoring of finance as well as jobs, evading taxes while at war: the NYT has yet another editorial, supporting free trade and loudly screaming for the US to not even consider, any form of ‘Buy American’ or any protections of any sort. Continue reading

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Filed under .money matters, Free Trade

GM Bankrutpcy And Free Trade

 

1957 ChevyGM is most likely going to be bankrupt with the US government holding 70% of the dead business.  Meanwhile, Japan demanded and got to force the US to give financing for Japanese research, in Japan, on ‘green’ [sic] auto technology.  Free Trade is so cool, isn’t it?  I examine the dying US auto industry and how we lost WWII and how the only way we can kill competition here is to kill our own economy so badly, no one can make any money, no how, no way. Continue reading

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Filed under .money matters, Free Trade

China’s Sovereign Wealth Buying Spree Expands

Berlin NY 4th july paradeReal fast here: China is floating like a Peking duck on the troubled waters of global financial collapse and the falling US empire.  A British auction house is selling a Japanese holding of Chinese palace clocks taken from Northern China during the looting of the Chinese empire.  China asserts claims over much of the South China Seas which are called something else in the US.  And GM is going bankrupt as GM executives sell stocks and Chrysler closes dealerships all over America. Continue reading

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Filed under .money matters, Free Trade

Death of Detroit

Picture 3The US auto industry is continuing to vacate our nation for distant lands while foreign powers invade our native shores to colonize our industries and remove the profits from here.  Geithner thinks he can evade the Japanese ZIRP trap. HAHAHA.  As always, we look not only to similarities but differences when comparing things.   Continue reading

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WARREN BUFFETT IS A LYING, CHEATING BUFFOON

EASY READING CULTURE OF LIFE NEWS:   WARREN BUFFETT IS A LYING, CHEATING BUFFOON « Culture of Life News 2

world-trade-distortions

The deification of various hot-shot financial wizards is now coming to an end.  The very last ones, the Perot clan, Warren Buffett, the Donald Trumps of the high-flying super-rich are all going into the dustbin of history.  It was very easy to be fooled by these con men.  Buffett, for example, made a huge show of PRETENDING to be against the madcap derivatives market only to see his own ship begin to sink due to this exact same market.  And Perot, the guy with the charts and graphs who seemed to know what was going on, went piratical and ended up leveraging itself straight to the doors of bankruptcy.  And Trump is going bankrupt, yet again. Continue reading

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Filed under .money matters, Free Trade, gold

INTERNATIONAL AUTO WOES INCREASE

EASY READING CULTURE OF LIFE NEWS:  INTERNATIONAL AUTO WOES INCREASE « Culture of Life News 2

GM might shut down almost all factories for two months this summer.  It looks increasingly like they will go bankrupt.  Toyota’s production is half of what it was last year.  Japan now has a trade deficit and the yen just cannot weaken to 120 or worse, against the dollar.  This is causing great despair in Tokyo.  The Porsche and Peich families are buying up more VW shares, increasing their grip on the industry.  And China is now using the WTO courts to force US concessions on trade.  Our tools for world domination are being turned against us. Continue reading

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KIA MOTORS BUILDS FACTORY IN DEEP SOUTH

EASY READING CULTURE OF LIFE NEWS:  KIA MOTORS BUILDS FACTORY IN DEEP SOUTH « Culture of Life News 2

World auto markets are in turmoil.  The NYT has an article about how Kia Motors from South Korea, is the only automaker to open a factory here in the last year. As per usual, this foreign company chooses a rural southern town and will have everyone work for hourly wages and no unions!  Yup.  Paradise.  Also, we get some pictures of the Chinese Shanghai Auto Show and I want to talk about the latest line-up of Chinese cars.  Lots of fun! Continue reading

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Filed under Free Trade