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Detailed text transcripts for TV channel - FOXNEWS - 20130511:15:01:00

Politicized bailout. what s happening here is, you know, china gets the jobs but we re stuck with the taxpayers paid for vanity projects like the chevy volt and no jobs here. i m all for gm building in china, i don t have a problem with that. this is a political bailout. they were not allowed to restructure and get toyota or a korean company to buy gm in a bankruptcy and make it even healthier to avoid having to do a bailout. they still owe us, by the way, $20 billion. we re the reluctant holders of gm stock, which is not at its original price. rich, the disproportionality is what bothers a lot of people. they re spending $11 billion in china by 2016. here s what a guy said in the wall street journal. gm has only invested $8.5 billion here and the number of workers it implies here in north america has fallen by 76,000. the bailout was for american ....

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