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GM Plant Seized In Venezuela

searcher

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#1

Professur

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#2
The US beat them by a decade.
 

GOLDZILLA

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#3
Anyone who puts their business in commie territory deserves exactly what they get.
 

oldgaranddad

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#4
GM probably welcomed it. GM gets the tax write off and extricates itself from a dead market that they were probably contract bound to supply.
 

Goldhedge

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#6
Just checked GMs chart...yawn!
 

Ebie

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#7
They seized it?
The normal euphemism is "nationalize" it...
Did they pay any token amount for it?
Of fine it and take it to pay the fine?
 

latemetal

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#8
GM will pass the cost on to us, not sure how, but they will.
 

Agavegirl1

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#9
Lets see...GM takes government bailout, sets up overseas production, Detroit becomes a wasteland, my GM stock is forceably sold for virtually nothing to .gov, my tax dollars are used to buy it and I am supposed to care?

Nahhhh.
 

the_shootist

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#10
Lets see...GM takes government bailout, sets up overseas production, Detroit becomes a wasteland, my GM stock is forceably sold for virtually nothing to .gov, my tax dollars are used to buy it and I am supposed to care?

Nahhhh.
Nailed it!!