My dear fellow taxpayer, here is another example of how our tax dollars (via corporate welfare) is going to be burned up by a large corporation. When it’s not your money it is soooo easy to spend:
General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.
According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to "complete the renovation of the line of products up to 2012."
2 comments:
Nice find. I hope GM goes fucking broke.
I just want our government to stop using our tax dollars to prop up private companies (that includes banks) in the hope of "fixing" the economy.
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