Chinese Want To Buy The Big Three US Automakers:

[Steve_A]

Hi feardia,

You could very well be right about using fear tactics as a weapon to get sweaty hands on cash. It's also a possibility.

The China story was not officially confirmed, but it doesn't mean to say that it could not happen. Let's keep our heads up and eyes and ears open.

I couldn't agree more with you about who's fault the present situation is, I watched the proceedings on TV and the CEOs of those three looked like 'hoods'.

Best regards,

Steve

Originally Posted by feardia

I think the ceo's and banksters are more at fault than the guys on the factory floor. If China take the factories they will close them and keep the brand names, so your new dodge/ford/chrysler will be a rebranded shanghai special.
The story seems to be a scare tactic to finance another bail out, after all you only get the news they want you to hear.