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champion motors c.e.o. also told the invited guests from around the world how important the cooperation was skoda is to them. we have been blamed for long which is that any way would be relates to the we have code that wonderful people mutual respect. join it we'll do it in the future scooted considers israel the new silicon valley tel of evo so many high tech startups it's now called silicon wadi. i'm not meyer says they've established a spinoff of their progs based lab here and are working closely with thirteen startups they've taken a stake in country startups focused on topics like artificial intelligence and big data and other technologies to better serve their customers and offer customized products beans a kind of a right now it's the skoda scholar that's the focus of attention based on volkswagen groups and q.b. platform the four point thirty six meter long compact offers a host of drivers citizen modern technology. that's what is it all good it is has design your thinks the most striking part of th

general motors is an american company. that means they should hire american workers and whenever there is an opportunity to move production, from suvs and others that are being made in mexico, that production needs to come back to the united states. there was a recent decision to make the new chevy blazer in mexico. they moved production for that blazer to a factory in mexico that had excess capacity, whereas we had excess capacity in the united states. the chevy blazer should be made in the united states with american workers. we made that very clear to mary barra and we hope in the future whenever there are those kinds of decisions to be made, american workers are always put first. >> let me follow up on that, because we want gm to succeed, we want it to succeed really with american workers. so i gave mary barra these facts. these are the four plants that gm has in mexico. tuluca, they pay $2.80 an hour. ramos, $1.90 an hour. st. luis, where i was, some months ago, $1.80 an hour. and $2.17. in each of these cases, gm has

i love our general motors vehicle. it's the number 1 vehicle in our family. works well. from a consumer standpoint, i like it but i'm opposed to the subsidies for electric vehicles where they contribute to problems on the highways in terms of use but they don't contribute in any way to the funding of the repairs to our nation's roads. >> and of course, the idea that someone who has the family that has to shop at walmart putting $75,000 of their tax money to some rich person in california buying an electric car. what about these cafe standards? president trump's cafe standards were so onerous that a lot of car makers have to keep the cars so the average of fuel efficiency was better and made them hold on to products that were not selling, low margin and now we get this thing. >> you saw what you're descri describi describing, charles. in terms of trying to deal with vehicles, they cold the older ones on the road. things didn't come out of the obama administration that should work in a free market economy. >> the free market economy as a conservative republican's point of

saves general motors, this is the thanks we get. we're looking to cut all gm subsidies including for electrical cars. general motors made a big china bet years ago when they built plants there and in mexico. don't think that that is going to pay off. i'm here to protect america's workers. disturbing new poll revealing how deeply the millenial generation of this country, how it has been indoctrinated by the radical left in public education and our universities. you know, the radical left that despises america and american values. according to a ugov.com poll, half the millenials surveyed say the united states is sexist, and racist. 46% say america isn't the greatest country in the world. 44%, think about this, say president obama had a bigger impact on america than our nation's first president, george washington. are you concerned? i am. >>> up next. the snowflakes and left wing national media are now being offended by the word, just the word, caravan. >> say nothing of the demonizing of all of this by calling them a caravan and desc

a news 4 consumeres igation found there are nearly 500 motorized partions in schoo in the d.c. region and only one of them has an additional safety device like sith paafe inth. >> i'm t to educate the public that there are some dangers lurking out there in yourchool gym andou have the right to know about it and you have the right to demand action. >> reporter: cole i calling on every school district nationwide to require training for these walls. >> i'm trying oprevent a death, i'm willing to work for free, youknow, with the united states department of education, with any -- >> reporter: anyone who will listen. >> anyone w will listen. >> reporter: cole tells us safe path costs $5,000 to $6,000 to instl per wall. attorneys note that despite an annual budget of approximate $2.8 billion, fairfax county has no current plansin to all the devices. a story we broke earlier this nd year,he attorneys included in their letter to the county. >> you know, s when you you don't really realize it until it happens to you? don't let this happen to sw,omee thfairfaoux county did revise its poli

in terms of drive train, the future is electric motors, batteries and software. they're not good at that stuff. they have to buy it off the shelf from another company or make a pricey acquisition. remember, the carriage makers did not become the car makers. charles: great point, peter. let me ask you, because there's news out of italy, and it looks like what they will end up doing there is giving consumers $6800 when they buy low emission cars. they will tax regular cars and other large vehicles higher. could mary barra say congress, i need help, we can't sell these cars at a profit, maybe if there were some sort of solution, already we are talking about incentivizing people to buy electric vehicles, why not incentivize them to buy cars? >> well, we could do that but what's the purpose? suvs get very fine gas mileage now. if we incentivize people, if we gave them money to buy sedans instead of suvs, they would turn around and buy toyota and nissan. if you look at the decline in the sale of cars, with the major ford and chevrolet vehicles, they are down about 45%.

back to the motor's the locals tell another story about the the two motors full of water are supposed to represent two large open i yearn for the sun and the sky. the various strictly segregated parts of the city are linked by a great many steps. what's known as condo rock depicts a bird's head with a big the two rocks behind it represent the wings the gentle below the big could have been used to carry the blood of sacrificial animals to the incas the condo was a symbol of freedom of the air the temple of the sun is a masterpiece of into architecture and seems set into the rock like a condo's nest from the semicircular tower the priests could make astronomical observations calculate the solstice or determine the precise position of the sun which played a vital role in religious ceremonies sum and moon were at the center of all the incas sacred rites the semicircular wall surrounds addressed block of granite which resembles an altar and was presumably used for sacrifices at the center of matthew picchu lies the palace the political heart of the city the beauty and precision of the ston

gop lawmakers grilling general motors ceo mary bar a on capitol hill. thousands of americans will be laid off and 5 plants we shut down in 2019. joining me to discuss the company's latest below right before the holidays is a 9-year gm employee fighting for his job, tommy wilco. thank you for joining us. we appreciate it this morning. first of all, tell us how you and your coworkers are doing? how did you get the news initially? >> i had a buddy of mine call me up. he told me what was said in the meeting. i feel like i have seen this come, it started with the third shift on the same day donald trump was inaugurated, that is what i lost my job. the second shift, laid off the same day they sent us a blazer we were hoping we would get the chevy blazer tilt in mexico, we weren't going to get it. this last devastating news, general motors closing its doors march 1st, the straw that broke the camel's back. heather: you are a dad of 3, this has run in your family. your dad was an autoworker. >> yes he was. my father retired with 42.7 years of service. i took ov

motor show, it's always a very successful car in the united states. we already invested heavily into suv's, and that is why we are seeing more of these products. our product offensive was one big prospect is on electric. if you think about products like the eight series convertible, we are working on the super luxury segment, like the coupe and convertible, and on the electrification. but for sure, you need heavy investment in the future. on the other side, we are always looking for efficiency, the complexity of the products, saving costs to invest more. ♪ opening au consider production plant in the united states of america? have you looked at that option, all over? -- oliver? >> we didn't think about it, u.s.se production in the depends on the volume. it is at 60,000 per year in the u.s., and profitable production in the u.s., you need normally around about 50,000 units. the 60,000 we do with all motors, it is definitely difficult to talk about production in the u.s. bigger volume manufacture, it is much easier to do that. ♪ footprintlook at our

last week general motors c.e.o. mary barra traveled to capitol hill to meet with lawmakers from states that will suffer because of the company's cuts. >> it's incredibly difficult to make these decisions. >> the arican consumer and taxpayer is not bailing out general motors again. everybody knows that. >> reporter: patrick anderson is the president of an auto industry consulting firm in east lansing, michigan. >> every auto executive in detroit remembers the '90s, the 2000s, the '80s when car companies like general motors built products even if theydn co sell them, just to keep the plants running. that led, along with a bunch ofs other mistto general mors' bankruptcy and >> reporter: for decades, gm has been the engine that's powered lordstown, ohio, population 3,200. last month's news struck the town like a bombshell: it will vy longer be home to the c cruze in 2019. the gmlant used to work around the clock manufacturing the cruze. but signs of tuble began almost two years ago when the company started cutting hours

i mean we're talking about taking over general motors? talking about -- >> -- stupid party and sadly sometimes we live up to that. >> couldn't agree with that. >> i'm sure rick. we are giving you the ammunition. house democrats are resurrecting a talk of a federal gas tax increase to pay for the trump administration's long desired infrastructure program. but could president trump actually get on board? we will discuss that coming next. .. minimums and fees. they seem to be the very foundation of your typical bank. capital one is anything but typical. that's why we designed capital one cafes. you can get savings and checking accounts with no fees or minimums. and one of america's best savings rates. to top it off, you can open one from anywhere in 5 minutes. this isn't a typical bank. this is banking reimagined. what's in your wallet? david: democratic congressman defazio plans to reintroduce the legislation to raise gas taxes to pay for infrastructure repairs. is there any way this president would sign in on it? >> i hope so. '91 and '93,

president trump slinging arrows again at general motors. he just called ceo mary barra's decision to shut down plants quote, nasty. just before this meeting on your screen with new governors at the white house, he spoke one-on-one to fox news, attacked the fed again, took credit for the improving economy and said the trade war with china is working. we are about to take you live to the white house for reaction. you know what, the president made no secret of the enemy he sees in the opioid epidemic. now a new poll shows it's even more important to you than the economy. we've got the ceo of the company that makes that life-saving drug narcan. it completely reverses overdose experience. he's here exclusively to reveal his battle plan in the war on opioids. >>> this is interesting. national security chief, yeah, national security chief john bolton fronted a new announcement just a couple of hours ago about u.s. economic strategy in africa. is this less about dollars and more about defense? former u.s. trade representative and mastercard vice ch

we deserve better. >> ohioans fighting for a chance to keep their jobs at general motors. state senator speaking out for working-class constituents meeting with general motors ceo to discuss the future of the factory. >> we expect general motors, give them a chance. >> 3000 workers at the plant have been laid off since 2017. the remaining 1500 as gm makes plans to close 5 plants in north america. that would affect roughly 14,000 total workers. the company ceo saying it is all part of a strategy to keep up with the changing market. >> we are trying to make sure general motors is strong in a leadership position. >> they are calling for gm to shift their electric vehicle production from mexico to ohio, saving and potentially adding more jobs at the plant. the massive layoff decision was far from easy. >> they are incredibly difficult and impact the lives of general motors team members. >> the company working with united auto workers union to explore relocation opportunities for those who lost their jobs, telling lawmakers she will keep an open mind about a large town plant th

. , one is blood in the water capitol hill, for general motors. five factories in north america will be shuttered by the end of next year, the decision will impact close to 15,000 jobs. they sing criticism on both sides of the aisle, ceo mary bar went to washington to meet with the white house. joining us now from outside detroit is one of the lawmakers that was in the room, congresswoman debbie dingell, a democrat from michigan who works for more than three decades. it's nice to have you with us. . turbulent couple weeks tell us about the meeting. take us inside the room. what did you hear? debbie: she knew she was coming into a room that was not happy. this is a conjugated subject, we all remember what happened 10 years ago -- a complicated subject. we all remember what happened 10 years ago. we have to make sure they remain competitive. i was not the only person last week, she managed to do something no one else had done. which was unite republicans and democrats, there were lawmakers on both sides of the room. the biggest issue discussed was w

i did not get a call from anybody at general motors. they seem very willing to interact with us on a regular basis when there's something they obviously need and i support that. don't get me wrong. i have a good relationship with these folks generally. but i was a little irritated with the fact that i had to find out about these plant closings through the news media. liz: one last question, and we have got to run. back in the day, 1979, this goes way back, but lee iacocca was facing bankruptcy and cut his salary to a dollar. are you going to ask mary barra to cut her salary instead of laying off thousands of workers? >> well, i don't know if i will go that far. i will ask them to reverse course and keep the workers on the job. if they invest in the american worker they will get paid back. that's the message i want to deliver to them. liz: congressman dan kildee, let us know how it goes. thank you very much. just over at the white house not far from capitol hill, trade negotiators are probably saying told you so after the chinese finally

general motors needs to be in the business of selling cars. i know the politicians are in the business of getting votes, but they need to decide what kind of cars to make to compete against tesla and european car companies. and they're been putting factories abroad since the 1920s. they opened up in shanghai in is 1929. that's how they bill became the best in -- became the best in the world. and i don't see how the government is going to decide where these factories should be for jobs. if they wanted to do that, they should have kept the shares they sold a few years ago -- >> exactly. david: sherrod brown came out with a fax or a tweet saying instead of celebrating the ground breaking of their new mexican plant, gm should use the 100% expensing tax break to retool its wardstown plant and save the jobs of 4500 workers. i mean, the point is do we really want congressmen and senators dictating the tax investment plans of a company? i mean or, we have been there. i don't think it works. >> yeah, yeah. >> i don't think it -- >> not only that, not o

plus motoring blues why general motors restructuring plans make u.s. president donald trump unhappy. who runs the world well when it comes to the economy it could be argued the g twenty does these are the group of countries that generate eighty percent of world output they also burned more fossil fuels than the rest of the world they are in fact the dirty rich and if you want to change the world surely it starts here the group was formed in one thousand nine hundred ninety nine but took on greater importance in the wake of the global financial crisis of two thousand and eight its purpose to develop global policies to address today's most pressing challenges these days the g twenty finds it hard to agree on almost anything let alone trade disputes migration and climate change but this week's summit was in argentina the first time a south american country got to host a meeting that i suppose has more. the mothers of less of a manual have been demanding to know the whereabouts of their missing children since they disappeared during argentina's dictatorshi

mitsubishi motors was bailed out by ghosn in 2016 after some scandals and profitability issues. so they are tied to nissan and they did follow the steps, and this really does set the stage for a possible power struggle going forward. >> struggling commodity trader noble group has extended the deadline for its restructuring until december 11. that as it tries to address regulator concerns over a multiagency investigation into its accounting practices. where does this leave the restructuring now? >> i don't think this waiver will be long enough to be long enough to allow noble to satisfy all the questions that have come from the regulators. they are quite extensive. noble has had to hire technical experts to pursue some of them. so it is hard to see that this will be resolved in two weeks. i think there might be a backstop, they could go to the end of december, but it is still touch and go. we don't really know will happen to this restructuring. >> a three-way split at united technologies. the company is streamlining on three businesses -- the arrows based -- the aerospace busines

we report from a general motors plant in ohio that's set to close. also on the programme: he won an oscar nomination five years ago. now, cambodia's best known director is back with an intensely personal film about his country's dark history. john lennon was shot in new york. a silent vigil with flowers piling up. the 14th ceasefire ended at the walls of the brock nick. shells were lending every 20 second. -- landing. celebrating the passing of a man. elsewhere, people have been gathering to mourn his passing. imelda marcos, the widow of the former president of the philippines, has gone on trial in manila, she is facing charges of tax evasion. she pleaded not guilty. the prince and princess of wales are two separate. they said the decision had been reached amicably. this is newsday on the bbc. i'm rico hizon in singapore. and i'm kasia madera in london. our top stories: there have been sharp falls in global stock markets over doubts about an easing of the trade war between the us and china. the worries have been aggravated by the arrest of a top exec

motor show. the series is always a successful car in the united states. if you look, we did follow a bit already. we invested heavily into the suvs and that's why the new as seven will come to the market next year. oneproduct offensive was which was a lecture for case and in the other was suvs. so if you think about products like the eight series convertible, we are working on the super luxury segment, like the eight series coupe and convertible, on the suv offensive and on electrification. but for sure, you need heavy investments into the future for all of this. on the other side, we are always focused on efficiency and reducing the complexity of the products, bumper variance for example. saving costs to invest into more electrification. >> would you consider opening a production plant in the united states of america? have you looked at that option, oliver? >> up till now we didn't think about it. because production in the u.s. depends on the volume. porsche is selling about 60,000 units per year in the u.s., and profitable production in the u.s., you ne

cho, owner rmc motors// "just another paper to be printed on the laser printer." 'the dmv gets notified right away so thats one more step that i guess its better for everybody becasue they car is automatically identified that it belongs to the buyer."california bill 516 explains the new law should help with regulating drivers who otherwise would avoid toll booth payments or even get away with a crime because paper plates as they are today make it harder to track them down.sot: roderick cho, owner rmc motors// "i think its basically it's just the state closing up a loop hole and recooperating lot of the money lost in the toll booths peolpe running toll booths and stuff like that and i guess theres a little bit of crime that happens along the way with cars not being properly identified with paper plates and im sure that eliminates that problem as well."the temporary paper plate numbers are free from the dealership. they will not become permanent, car owners will have 90 days to get a permanent plate with a new number.or else they will be fined between 25 and nearly

it's the birthplace of general motors, doesn't have the same kind of jobs or living wages that it used to have, and it has been, i would say, systematically disinvested in by public and private entities for a long time now and this was a crisis even before the water crisis, and now that -- with the legacy of this water crisis, on one hand it creates more challenges like how do you draw investment to the city, how do you help people stay in business, but on the other hand, it does create some opportunities, too, because flint in the spotlight has an opportunity to show what's wonderful about it and why is the community worth fighting for. >> your book is "the poisoned city." >> yes. >> has this situation poisoned the entire city? >> well, yes. everybody in the city was exposed to toxic water for a long time. and i think that shook people up around the country, around the globe. it should make us uncomfortable. that should not be acceptable in any way, for any community. i also in the book try to show how the city was i would say poisoned through the urban policies of the past like 50 ye

hello and welcome to drive with your motor magazine on b.w. coming up zipping around the alps and mclaren seven twenty s super car. the world car design of the year the range rover valar. but first the latest and greatest from the los angeles auto show. the convention center in downtown los angeles every year it's the site of the l.a. auto show this time around over sixty brands have shown up for the event was the internet the not all industry journalist the moneyball schafer says there are many major international automobile trade fairs and that many car makers now say they aren't worth it but l.a. is everyone who's anyone is here to show off their newest creations. certain to be one of the highlights the porsche nine eleven not this one here of course but this one. the nine eleven is such an defining model for porsche that designers always think twice about change visually they want you to be able to trace the evolution of the eight generation sports car all the way back to its roots much more has changed inside and out interiors packed with

luis: "quieto, nos vamos a llevar el motor". imagínese, ese es mi sustento, ese motorcito que tenía yo. yo lo compré con tanto sacrificio. ¿y que se me lo llevaran así? tiffany: el recuerda que se armó de valor para defender su propiedad. luis: yo me opuse, y cuando me opuse, primero me hizo un tiro pero me lo hizo al bote. yo me dije "no me va a dar porque no me quiere dar". yo me aferré a mi motor. fue cuando entonces de pronto, bum, me dio un tiro. tiffany: el primer tiro le perforó el pecho. luis: luego, cuando yo veo que me da el tiro otra vez, el compañero reacciona... bang, me da otro tiro aquí abajo. en el abdomen, aquí abajo. entonces, el otro compañero sí logra arrancar el motor. y lo arrancaron, se lo llevaron y nos dejaron a la deriva. tiffany: historias similares abundan en esta región, y eso por eso que los pescadores prefieren salir menos. la responsabilidad de patrullar estas aguas está asignada al capitán de navío carlos rodríguez, de la armada de colombia. carlos: tenemos fronteras marítimas

visit redcross.org now to donate. >> they have changed the whole model of general motors. they go to all electric. all electric will not work. i don't run a car company. all electric won't work. wonderful to have a percentage of cars. going into this model she is doing i think is a mistake. charles: fred barnes, "weekly standard" executive editor, fox news contributor. of course, fred, president trump not the only politician upset about this. in fact this news about general motors created the most incredible of motley crewp people upset, unions and big money, democrats and republicans. this is not about electric cars. i think it is about gm making business mistakes, now trying to mask it. mary barra is in pickle. what happens? >> this pushes trump right where it hurts. this is not supposed to happen with him. and once he has been president. his jawboning hasn't worked. i think trump will not let up on this. and, you know, gm should have talked to him beforehand. they shouldn't have just dropped the bomb, then things would be a lot better off if they had done it differently

aleem: but general motors says it is just restructuring and that is not donald trump's fault. in another industry here, it is a different story. here on the other side of ohio, we are very much in farming territory, and agriculture has been devastated, a direct result of decisions made by the white house and the exrts to china that have plummeted. alan armstrong's family has been growing soybeans in ohioor generations. donald trump's economic sparring with china has made for the mosf ult of years. >> 60% of all the soybeans we raised have been exported overiv the lastyears to china. when the trade disputes, trade war started, effectively those sales went to zero. aleem: but in recent days on social media the president has been making more pinmises, that will start buying u.s. agricultural products again, including soybeans. facing so many problems as the trade war, alan, who voted for donald trump, is sticking by him. >> i do't remember in my lifetime a president of the united states taing about agriculture as often as i have heard donald trump speak about it. aleem: you don't

but general motors says it is just restructuring, and that is not donald trump's fault. in another industry here though, it's a different story. here on the other side of ohio, we are very much in farming territory, and agriculture has been devastated as a direct result of a decision that has been made by the white house and the exports to china that have plummeted. alan's family has been growing soya beans in ohio for generations. donald trump's tariff war with china has made for one of the most difficult years. 60% of him exported over the last five years to china and when the trade dispute started effectively those sales went to zero. but in recent days on social media, the president has been making more promises, that china will start buying us agricultural products again, including soya beans. and despite facing so many problems because of the trade war, alan, who voted for donald trump, is sticking by him. i do not remember in my lifetime a president of the united states talking about agriculture as often as i have heard donald trump speaking about it. so you do no

back of the ship to inform the captain as soon as it happens but many motors still keep overheating the owner of see coach xpress jaji shows us the extent of the damage last year alone he had to replace nine motors each new one costs more than twelve thousand dollars cost of operations is much higher the damage to engines as you can see over the years we have close to something engines here that have been completely destroyed you to overheat or you know floating debris. from the expensive. free towns plastic problem is also evident in other parts of the city but who is to blame residents say the government but also the people. that got people by drinking water and backs and then they just throw the plastic rubbish onto the streets on the hill there's a drainage ditch which people throw their garbage all the way. it's from there ends up here and when it rains everything flirts. with. love. i don't think the government can solve the waste problem we who live here are responsible so we are the ones who have to find a solution. for the. sierra leone does not even have its own plastic re

like these simple motors this little more from. us if you. can buy one of the local partners to make the deep interest i'm actually going to go see royce from a.b.m. treaty the friend of mine it on a bit of paper i take some of them yes if i make a great thank you very much on the strength of thank you you have done most of this yeah ok most it's done enough. we take the components with us to a.b. three d. which stands for africa born three d. printing. it's a one stop. that manufactures three d. printers and offers materials workshops and open source designs. founder royal believes three d. printing is an affordable home grown solution for africa's shortage of manufactured products. these umbilical cord clamps will be used in hospitals. because three d. printers are expensive roy builds his own incorporating recycled materials. is good yeah ok let's do another one just like that. and they test the i said they're working you know and they will have cables. here's the model on these plastic parts of the ones that you print yourself just all th

nine-year-old wesley died last may after getting stuck between a motorized partician and wall. attorneys sent this letter to fairfax county stating their intent to sue. according to the documents there were two teachers and one after school employee in the gym the afternoon he was killed. it is believed one of those teachers asked for wesley's help closing the motorized n.partic they say they were negligent for a number of reasons among them allowing him to attempt to operat the wall a train operationand the safe of the wall. schools did revise policies after wesley's death. motorized particians are in the lowed to be operated when students are in the room or near the walls. only employees are the only ones with access to the operating key. back to you. >> thank you. >>> our consumer team did reach out to every school district in the d.c region to find out who has these particians and what es poli if any, are in place. you can check out our app and seechxactly w schools have these powerful walls. just search particians. >>> a powerful rainstorm set to hammerhe east coast. storm

they are changing the whole model of general motors. they going to all electric. that's not going to work. i don't run a car company, but all electric isn't going to work. it's wonderful to have it as a percentage of your cars, but going into this model that she is doing, i think that's a mistake. but the tell me a couple weeks before christmas that she's going to close in ohio and michigan? not acceptable to me. and she's even going to open fast, or somebody else is goingo go in. but general motors is not going to be treated. a >> harris: this is your wheelhouse. everybody knows this. we see the electricity as you talk about these issues. the economy, though, is big. are there other areas -- and i want to move onto other things, but really quickly -- are there other areas you want to focus on as you go into 2019? >> president trump: i'm focusing on everything. i think my strength us for, even more than economy. it'll get incredible when i make the deals with china, mexico, when they'll kick in. >> harris: why are you so confident about that? >> president trump: i

and motor show. and the.

it is also the general mortar motors story. they are angry over the plan to close plants and lay off workers. they got an exclusive interview. they got an exclusive interview. ceo met with lawmakers on capitol hill to explain why she needs to cut about 15,000 jobs and close for plants in the united states. one of those plants near baltimore. and she got a ear full from the delegation. we committed to them. another walking away. whether they could move new technology cars. they have stood with general motors over the years. we've expected it to stand with us. and give them a chance. she needs the restructured in order to ensure the survival of gm for the future. when i ask about the money that gm saved because of the corporate tax cuts. we need to make sure that general motors is around for the next several decades. we have responsibilities to many of our stakeholders and responsibilities. we are trying to make sure that we have were strong general motors that is going to be ready and lead in her rapidly changing market. we are

well i think we are always in a sense open to blackmail by corporations general motors at the height of the crisis and crash in two thousand and eight when to the government at that time and said you better bail us out because if you don't we are going to collapse and general motors is looked upon as a symbol of american capitalism and there will be panic around the world and what is happening if in addition to all the other downturn catastrophe knew the biggest car company in the country falls apart so the government basically felt it had no choice it gave them fifty billion five zero billion dollars over the years that came afterwards general motors only paid back forty billion so the taxpayers of america are out a loss of ten billion dollars to this company it has meanwhile resume its profitability paid out lots of dividends to shareholders and all the rest the thing that blew my mind as an economist was all of that money given to them without any conditions in other to commit not to cut your workforce not to damage the communities and states that depend on you and if you do then