Posted on 09/27/2010 12:05:57 PM PDT by goldendays
SAIC, GM’s joint venture partner in China is expected to take a small stake in GM (1% or so) during the IPO to show support for one of its important partners is China.
Yet another thing for which we are dependent upon foreigners, for NO OTHER REASON than environmentalists have forced us to be.
THAT is a fact. We have just as much of the stuff here, in the US, as China has. The difference is: They mine it. We don't.
Of course... now that it's become a National Security threat, our military is starting to waive some of the environmental restrictions.. or, at least, they're trying to. It'll take a year or two. Sure hope we don't have a war with anyone in the next year or two.
But, who would that be with anyway?? /sarc
"I Just Want To Celebrate!"
“Well, it wasnt 3 million miles like on a Volvo, but my father got 350,000 on a Falcon 30 years ago”
My Great Aunt learned to drive in the early 60s’ (she’d only driven teams of Mules before that) and what did my cousin buy her? A V-8 Falcon, she tore up the roads in Hickman County, Tennessee because my cousin, who taught her to drive, was a stock car racer (former bootlegger) who didn’t know what slow meant. A great car.
As a China led sector I fear
This is the ChiCom HazMat plan - use it as filler for products sold to the unsuspecting Western customer.
Look at all those green jobs!
In China!
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