Tuesday, June 2, 2009
GM to big to fail ?
That's all we heard about the "Big Ones" they are to big to fail. Then it was ,they are so big we can't let them fail. After that we had to bail them out for the good of the economy. As Bro Bob would say "Hogwash!!" The only reason we saw the slow demise of GM was so the powers that be could fleece it of all the wealth that was left. This is the same story we've been watching for the last year and half. Bear Stearns, Lehman Brothers, Fannie and Freddie, Wamu .......do I need to go on ? The Americans didn't even flinch, take all you can and charge it to our Grand kids ! Who cares we don't buy those American cars. They really are not American anyways. Built in America with parts and systems built elsewhere. You see we were sold down the river years ago by NAFTA, and all that non-free trade , Free Trade "Hogwash". Now we don't make a thing here, we go to Wal - Mart for our cheap overseas goods,driving our Kia, and wonder why our 401K is worth half of what it used to be worth. The stock market up over the last couple of months, the US dollar is being hammered. What does that say to you ? Even the "American Companies" are investing outside the US ! They all know that we are on the verge of the hyperinflation side of this correction. Protect yourself with gold and silver. What's the old saying " when you think your irreplaceable is when your most vulnerable". How about this one, " When your to big to fail , the executives are lining their pockets".
Monday, June 1, 2009
Why did we Bailout GM ?
I don't understand why they gave taxpayer money to a company, that four months later, files for bankruptcy. Why didn't GM tell the taxpayer the truth of it's situation ? I'll tell you why, because they knew they were going down the drain . This was an opportunity to line their pockets , before the male bovine feces hits the oscillating wind creator. We as taxpayers have been robbed, not at gun point , at CHANGE point. Are we enjoying the CHANGE yet ? We as a people have lost all sense of reality. We are capitalist not socialist, however if we continue to use socialist rational and policies, we will become what our forefathers fought against. We need to let the weak die , and the strong survive. It is the American way. Our economy would be a lot healthier, if we would have done it from the beginning. Now we have to deal with Conan O'Brien making Government Motors jokes before we go to sleep. What kind of cars will the Democrats build ? Should we vote Republican to get some SUV's ? Meanwhile our taxes will go up, while our representation will go down. I think there is a revolution principle in there somewhere. That's my two cents.
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