America is in a Trade War in which welfare plays a strong part. The industrial and Military Complex is but a sector of Capitalism for the American people pay dearly and along with the government providing Corporate Social Welfare to a failing motor vehicle industry along with others such as Industrial agriculture. Why are Americans so adverse to collectivism when their government so readily boosts their Corporations?
David Shepardson at Reuters reports that Ford Motor Co. and its partner SK of South Korea have received a $9.2 billion loan for 3 battery plants in Kentucky and Tennessee from the Department of Energy under the loan program called Advanced Technology Vehicles Manufacturing (ATVM). It is the biggest single low-interest loan ever awarded by the government Loan Program. The US government last gave out the big bucks to Ford in 2009 when the economy locked up and then crashed, under an initiative by President Barack Obama. Ford paid off the $5.9 billion loan, which
olddogthoughts 