The 'New GM': Layoffs, Factory Closings, Offshoring

thenation.com — The trouble with the whole "Nixon goes to China" theory is that sometimes the "bold" gesture is really just more of the same. This is an important reality to recognize as the major media plays up the reshaping of General Motors by the Obama administration's auto-industry task force as a courageous or groundbreaking "new" initiative to "save" domestic automaking.

more »