More GM Welfare

People need to stop buying GM and force government to close down this welsher paracite of a company.
GM, they keep on sucking.
------- http://www.crainsdetroit.com/article/20100518/FREE/100519853 #
Federal funds proposed to clean up, redevelop GM plant sites
Shuttered General Motors Co. plants in Southeast Michigan and elsewhere in the state would be among targets of some $836 million in proposed federal cleanup and redevelopment funds to be shared by Michigan and 13 other states, state and federal officials announced Tuesday.
Southeast Michigan plants include those in Detroit, Livonia, Pontiac, Romulus, Van Buren Township and Ypsilanti. Others are in Flint, Bay City, Lansing and Wyoming.
The White House Council on Automotive Communities and Workers announced a proposed trust fund that would allocate $536 million for the cleanup of properties and about $300 million to assist states and communities in dealing with other issues involving the properties, like property taxes, demolition costs, security, and repurposing the sites.
The plan must still be approved by U.S. Bankruptcy Court for New Yorks southern district. The funds come from money allocated to wind down the old General Motors.
Gov. Jennifer Granholm, in a conference call with reporters, said that with Michigan housing 47 of the 90 sites covered by the plan, the state will probably see the bulk of this funding but she did not provide specific breakdowns.
She said the first announcements could be made by summer.
Its very exciting for us as we try to prepare the properties in the communities for redevelopment, Granholm said.
She said its difficult to attract buyers for such idled manufacturing sites, because of environmental liability concerns.
This environmental remediation is the biggest barrier to our putting these properties into productive use, Granholm said.
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Canuck57 wrote:

Taxpayer rape continues.
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On 21/05/2010 4:59 PM, Jim_Higgins wrote:

And it will likely continue until a politician with balls gets to the top. Trouble with corporate welfare, is it is almost impossible to get them off. The issue usually needs to be forced down their greedy slug throats.
What Obama should not have asked is if GM is too big to fail, he should have asked can we afford a leach this size on the hind.
--
GM, they keep on sucking.


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I assume these shuttered plants are now owned by the "old GM" (Motors Resolution Corp, or whatever they call it). So it seems the alternative to the Government picking up the tab for cleaning them up, is to just let them sit there. Right?
Ed
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Like the old steel mills in the US, they are most likely considered to be "Brown Fields," that are caped and sold off and returned to other productive uses.
There is a Sands Casino, Intermogal Shipping Center, Industrial Machining plant, Skating rink, Theater of the Arts Center, numerous Warehouses, NG fired Power plant among others, now located on the grounds of the seven by three mile former Bethlehem Steel plant in Bethlehem Pa.

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On 24/05/2010 7:04 AM, C. E. White wrote:

Still it is a GM legacy kicked onto the taxpayers by a corrupt government.
Must be embarasing to say you work for a welfare corporation like GM.
After all, GM keeps on sucking.
--
I would rather be a paid up Conservative nut job than a Liberal with no
nuts, no job in debt and living off of other people like a leach.
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Once again our friend Canuck57 is telling us the sky is falling.

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Hey Mike, you could always buy a GM and put your money where your mouth is.
On 27/05/2010 7:56 AM, Mike Hunter wrote:

--
I would rather be a paid up Conservative nut job than a Liberal with no
nuts, no job in debt and living off of other people like a leach.
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Perhaps, but I prefer to buy GM stock, when it goes public in the fall, and will continue to buy the brand vehicles I currently buy.

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Which of course are not GM...
LMAO.
On 28/05/2010 8:31 AM, Mike Hunter wrote:

--
I would rather be a paid up Conservative nut job than a Liberal with no
nuts, no job in debt and living off of other people like a leach.
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must be embarrassing to be you, a one trick pony same post everyday for over a year, half of them made up stories or facts or just lies,
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