Ever heard of the Stillwater Mine? This is the ONLY producer of Platinum, palladium and rhodium in the Western Hemisphere. GM contracts for these metals to make catalytic converters which remove pollution from the tailpipe exhaust. The Stillwater Mine is just up the hill from Billings Montana. Now GM is trying to cancel their contract for these metals and only buy them from abroad! Sound familiar?
Let's think about this for a moment. Tax payer dollars to save GM, tax payer's are the major stockholders of this "new company" that defaulted on tax payers. Now, American owned GM wants to cut the jobs of American tax payers and only buy the metals from Russia and South Africa.
By the way, a Russian company purchased this mine a few years back (worked out really well for the Russian's huh!). So, how's our National Security affected by losing this mined product?
Gov. Brian Schweitzer can't seem to get anyone to answer the phone over at GM or the Treasury Department. Frankly, I'd rather have the Stillwater Mine than GM.
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