I find the 3.6 billion in bailouts the most disturbing part of this somehow...so I looked into it and found this little article
http://jalopnik.com/5704575/ford-bmw...vernment-money
Not sure how much I trust it, but it sounds like it was the financial arm of BMW that was "bailed out". The financial arm of the company acts like a bank, making loans for people to buy cars, and would obviously be heavily hit is tons of people started defaulting on their car loans, but does that mean we should give them US taxpayer money, when they aren't even a US company?
But maybe the company that was bailed out was actually BMW Bank of North America, the same company that runs
http://www.up2drive.com/ car loans...Is that an American bank?
I don't know, but I am just an uneducated citizen, maybe it was the right move to bail them out after all. And maybe the BMW that was bailed out and the BMW that is making these cuts are actually quite separate both in terms of finance and policy.