Government Motors (GM) to Invest $691 Million in Mexico

GM announced on Wednesday that it will spend $691 million to build and expand its factories in Mexico.  Mexico President Ernest Hernandez said the move will boost Mexican employment and development.  (That is great for Mexico; however, I thought the United States bailed out GM, not Mexico.  And, by last count, the United States needs to boost its own employment.  In addition, American taxpayers have lost nearly $10 billion on the GM taxpayer-funded bailout.)