
Originally Posted by
kydonky
Ok GEO!
I finally found an article about this venture on CNN site.
If GM gives their technology on electric cars to China they will lose any sympathy from me.
There is no doubt in my mind that they will not be able to protect these trade secrets once they begin development outside of the US (may not be able to protect them within the US).
Even if production is not moved to China, they will clone these cars faster and cheaper than snot.
This appears to be another great patriotic decision by a corperate CEO.
As far as paying off stimulas loans, they will probably do that at least they on track to pay these loans off.
I cannot fault the Administration (Obama) for attempting to save US jobs, but I do fault these corperate CEO A** Holes*** that would sell a Bronze Star for scrap if the price of bronze met their thresholds.
Here in KY we bent over backwards to allow Fruit of the Loom to pump waste products into Lake Cumberland. But that still was not enough tfor them and they moved to Mexico.