BB says:Yesterday, 10:24:36 PM“”GM aims to ship about 50,000 automobiles to the U.S. by 2014, the report said.”
Anyone here ever hear the old saying: “As GM goes so goes the _______ ? Hmmmmm….I wonder how that ends?
The de-industrialization of America is well underway at the hands of the banksters and politicians. Bond holders be damned. Unions at the automakers were paid off with a short term gimme. Legal financial contracts with respect to who’s 1st in line to get paid for a bankruptcy at major corporations just got scrambled. The FED and treasury have gone incestuous without so much as a congressional audit as to what’s on their balance sheets. FDIC? Ha. Quant funds on puppet strings drive markets that obviously have lost any semblance of reflecting business fundamentals tied to supply/demand.
It’s time to test the country’s leather folks. We’re rotten to the core and everyone with half a brain to pay attention knows it. The means of capital production on scales that matter are up for grabs and slipping swiftly into consolidated global power circles. The rule of law is becoming more and more gray day by day. Sound crazy? Ask a GM/Chrysler bond holder what they think. The MSM is bought and paid for to spoon feed the masses. Everyone knows something’s got to give, and that the can can only get kicked down the dirt road for so long before the reality of the mathematics take hold. It’s a long and winding road.
One can only begin to guess what our country, currency, economy, and population will look like in a few short years…
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The de-industrialization of America is well underway at the hands of the banksters and politicians.
I would add “and at the hands of the brainwashed masses”.