Latest Breaking News

IthinkThereforeIAM

(3,307 posts)

15. Bingo!!! My thoughts, exactly...

Wed Feb 1, 2012, 07:28 AM

Feb 2012

... that Mitt/Bain would be one of the firsts to jump in and offer to process the liquidation and putting the retirement plans onto the Federal dime, but to China, not Japan. So much of what GM does now, they learned from partnerships with Toyota, and to a smaller degree, Opel (rembember the Cadillac Catera? underpowered but nice).

And Mitsubishi and Chrysler were/are together on the DiamondStar auto plants. Mitsubishi bought some big chunks of equity/ownership of those partnership plants three years ago to help Chrysler's cash flow. I know of at least one in Illinois, not sure where the rest of the DiamondStar plants are in the U.S. of A. And I recall pundits saying that Chrysler plants were going to end up being bought and shipped piece by piece to China.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

22 replies

= new reply since forum marked as read

Highlight:

At auto show, Obama takes swipe at Romney [View all] highplainsdem Jan 2012 OP

Ha ha! Bet ya' that frosted Mitt's behind Populist_Prole Jan 2012 #1

AMEN my brotha. titaniumsalute Jan 2012 #2

Amen on all points from this Michigander! JNelson6563 Jan 2012 #9

Mitt would have bought them out, sold all the assets to Japan, and fired everyone. HopeHoops Jan 2012 #3

Bingo!!! My thoughts, exactly... IthinkThereforeIAM Feb 2012 #15

Ford did the same thing with Mazda - used them as an "R&D wing" so to speak. HopeHoops Feb 2012 #16

I bet Mittens avoids GM company towns like the plague this year jpak Jan 2012 #4

I bet Mittens never goes near a GM plant this year jpak Jan 2012 #5

Did he assess which one has the largest flattest cage floor roof ? n/t Mira Jan 2012 #6

Ha! Itchinjim Jan 2012 #7

Yes, but it is time for him to stop with the "some folks" and use chelsea0011 Jan 2012 #8

Certain circles strongly discourage that strategy. JNelson6563 Jan 2012 #10

I was thinking that, too, but maybe wait until Mitt is declared the candidate. I also hope gateley Jan 2012 #11

Obama will change 'some folks...' to 'my opponent' when Romney wins the nomination... Drunken Irishman Feb 2012 #13

I wish he would stop using "folks" in general Maven Feb 2012 #17

Mitt is never going to live that one down onenote Jan 2012 #12

Mitt had probably sold GM and Chrysler short The Second Stone Feb 2012 #14

This needs to be said at every debate. sarcasmo Feb 2012 #18

I hope the Dems hit this HARD. Most of the GOP have disparaged bailing out GM and Chrysler. It was Bill USA Feb 2012 #19

+1 tawadi Feb 2012 #20

Plus one again. Tripod Feb 2012 #21

Spam deleted by ornotna (MIR Team) pipipeng Feb 2012 #22