What Do Americans Think About?

Well, one thing is pretty obvious, what worries me does not seem to worry many other people. Here are excerpts from an article I read this morning about General Motors.

"GM CEO: China will continue to be GM's key partner of business " GM CEO Fritz Henderson said China will continue to be a key partner of business of GM. "Our business in China continues to grow very fast, I should say at torrid pace, and we are very appreciable of that." The business is also "highly successful" and "profitable" with its partner the SAIC (Shanghai Auto Industry Corporation) (SAIC), he said. "SAIC remains a critical partner of General Motors going forward." "We are very interested and excited about the next five years." 

"GM bankruptcy filing to have no impact on China business " "Our operations across China will operate normally," said Kevin Wale, president and managing director of GM China Group. "Our customers will continue to receive top-notch service and warranty coverage, while our dealers will continue to receive product and after-sales parts as usual." 
"There will be no impact on payments to employees, dealers or suppliers contracted to GM China or to our joint ventures. China has been the largest vehicle market in the world in the first five months of 2009. Industry sales grew 18.8 percent from the same period last year."

"Domestic sales by GM China and our joint ventures continue to be strong, rising 33.8 percent year on year in the first five months. We intend to remain an industry leader in China."

Shanghai GM: GM's bankruptcy filing no substantial impact on Shanghai JV

Oh by the way did I also mention that GM sold Hummer? To guess who? Of course you know a Chinese company.

Now don't get me wrong, I applaud this kind of business acumen. What I don't applaud is Billions of dollars, either earned or to be earned in the future by hard working Americans, being given away to banks and auto makers who take the money and leave the country.

I understand why no one is upset about this. Who knows about it?  Perhaps other things are more important to most people, and that's precisely what I am trying to find out. Am I disconnected? Should I not feel betrayed by this government and the media which supports the demise of the quality of life in the United States of America?

All the information is there, of course you are not likely to find it on the first page of the New York Times, but its there. So I guess I have two questions: One, is anyone looking for the real news, and, two, if not, what are they thinking about?

Oh, and if you decide to read any of the articles below you'll find out that most of the rest of the world is doing just fine and growing like crazy....but not here.

If you read the article below about GM paying off it's US and Canadian loans and preparing to launch an IPO, just remember, they paid off the loans with the money they got from other taxpayer loans.

It will be a cold day in Detroit before I ever buy ANYTHING built by GM.

Any bright ideas, please let me know. I'd like to feel connected again.

● Emerging markets account for half of GM sales in 2010

...esident of GM International Operations. In 2009, emerging economies contributed only 44 percent of GM's overall sales. GM's sales in China will exceed 2 million units, and all GM's brands - Chevrolet,...

http://english.people.com.cn/90001/90778/90860/6977136.html 2010.5.7

● Record GM China sales

...1.1 percent from a year earlier. The figure represented the 16th straight monthly sales record for GM in China, the world's biggest and fastest growing auto market, it said in a statement. The company ...

http://english.people.com.cn/90001/90778/90860/6976576.html 2010.5.7

● GM China sales soar in April

...pril, a year-on-year growth of 41.1 percent. Among its joint ventures in China, sales at Shanghai GM jumped 62.1 percent to 89,562 units and sales at its mini-commercial vehicle venture SAIC-GM-Wuling...

http://english.people.com.cn/90001/90778/90860/6976407.html 2010.5.7

● General Motors saved by boom in Chinese auto market

...nghai Securities News reported yesterday that, due in part to strong sales on the Chinese mainland, GM has already paid off loans to the U.S. and Canadian governments and plans to announce an IPO in the...

http://english.people.com.cn/90001/90778/90860/6961400.html 2010.4.23