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Posted by mannyc [68.165.89.2] on Friday, November 12, 2010 at 08:40:33 :
In Reply to: GM to sell equity stake to China posted by 48PW [74.176.86.74] on Friday, November 12, 2010 at 07:16:22 :
hopefully turnaround is fair play. if china is an equity holder in GM and if GM is largely owned by the UAW, political contributions from GM or the UAW should be disallowed in a similar manner to the left's crying about the chamber of commerce's donations in the last election. it was posited that since some coc members have offshore locations or affiliations, they should not be allowed to participate. since the mgmt of gm and the govt STOLE the bonds holders interest in GM and gave it to the UAW, i believe that the company is no longer worth supporting. every gm dollar feeds the uaw, feeds the govt machine and now will feed the chinese. it is too much to digest. I truly believe that the theft of GM bonds from their rightful owners was criminal and that anyone involved should go to jail.
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