Where is the World Trade Organization? I read yesterday that the government will soon own 75% of GM. Yet no one is talking about government subsidies (low interest loans, direct payments, bailouts, etc) distorting "free trade". I wonder why? Just a few years ago the WTO was ranting about how the US government 'supports' Boeing through R&D payments. Yet not a peep on the massive US and European bailouts.
Maybe they're figuring it all works out in the end if GM exports jobs along with their vehicles.
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