USA Today reports that Tennessee’s 2 Republican Senators, Bob Corker and Lamar Alexander and GOP congresswoman Marsha Blackburn received a rather frosty reception when they went to Spring Hill on Friday to toast GM bringing jobs back to the Ex-Saturn plant. They got booed and heckled. Why the frosty reception? Well, if you remember, Lamar Alexander and Bob Corker (along with the unnamed Congresswoman) were very vocal opponents against the bailout of GM and Chrysler. So, for 3 politicians to come back to their state and welcome back the very jobs which they would have been quite happy to see lost in the name of free market economics, probably stuck in the craw of the electorate. Namely, the UAW. (Read More…)
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sunridge place - HDC I think the point is that you said that Audi ‘retreated from the market’ Retreat means that a company withdraws from the market. Audi never left...
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highdesertcat - “The stock market is rationally responding to GM’s performance.” I believe the stock market is responding to the Obama administration’s agenda...
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