In response to:

General Motors: Obamacare Wrapped in Solyndra Inside Some Misery

mregister Wrote: Aug 03, 2012 1:07 PM
well you did miss a point that if technology makes sense and there is a market for it. then the country with the cheapest labor cost will kill the country with the more expensive labor cost. the reason Apple products are made with chinese labor is that they pay then $7.00 a day . Why do you think GM is moving there design center to china.

General Motors, the auto company that vice president Joe Biden likes to claim Obama saved singled-handedly during the virgin birth after which the One was swaddled in a manger, is facing a class action lawsuit for making “materially false and misleading” claims in the prospectus for the new issue of stock it offered as it moved out of bankruptcy in late fall 2010.

A statement issued by the law firm representing the class “alleges that the defendants misrepresented and/or failed to disclose that: (1) GM was predicting revenue based on production rather than actual sales; (2) the Company falsely assured...

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