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  1. #1
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    GM to declare bankruptcy June 1

    So GM is declaring bankruptcy Monday June 1, 2009.

    So Chrysler/Dodge went belly up, now GM is hey everybody what will happen cant the gov. fix it with their bailouts like they said before. It was such an emergency that we had to bail them out and now what they are fucking bankrupt anyway.

    On top of that many banks are still failing, so to all the naysayers out there that say the bailouts were a great idea. How does it feel to find out that you have been completely lied to.


    The little people are getting completely fucked even though the gov. said without these immediate bailouts the auto industry would fail.

    Well now it has and we have compounded the problem of the bankruptcy with more debt that will have to be payed by who?

    The taxpayer yes the glorious wealthy american taxpayer can take care of all these problems

    BTW I would have posted a link but all you have to do is watch the news tonight or google it bitche's.

  2. #2
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    Re: GM to declare bankruptcy June 1

    Quote Originally Posted by Chad750 View Post
    So GM is declaring bankruptcy Monday June 1, 2009.

    So Chrysler/Dodge went belly up, now GM is hey everybody what will happen cant the gov. fix it with their bailouts like they said before. It was such an emergency that we had to bail them out and now what they are fucking bankrupt anyway.

    On top of that many banks are still failing, so to all the naysayers out there that say the bailouts were a great idea. How does it feel to find out that you have been completely lied to.


    The little people are getting completely fucked even though the gov. said without these immediate bailouts the auto industry would fail.

    Well now it has and we have compounded the problem of the bankruptcy with more debt that will have to be payed by who?

    The taxpayer yes the glorious wealthy american taxpayer can take care of all these problems

    BTW I would have posted a link but all you have to do is watch the news tonight or google it bitche's.
    You spelled bitch's wrong.......

  3. #3
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    Re: GM to declare bankruptcy June 1

    JK Chad, of course they will file bankruptcy, the economy is and will remain in the toilet. You better get ready for a Mexico style of economics and you had better do it soon!

  4. #4
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    Re: GM to declare bankruptcy June 1

    I know I just lost all credibility with the mispell haha.

    This just enrages me to know end, once again we have all been duped but no one is barely saying anything about it.

    Its like well OK they are bankrupt, there was nothing we could do, except waste your money.

    Now that we have done that we will need to raise taxes and lower your standard of living because we are to arrogant to know better.

    Its time for, should I dare say it?

  5. #5
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    Re: GM to declare bankruptcy June 1

    Quote Originally Posted by Chad750 View Post
    I know I just lost all credibility with the mispell haha.

    This just enrages me to know end, once again we have all been duped but no one is barely saying anything about it.

    Its like well OK they are bankrupt, there was nothing we could do, except waste your money.

    Now that we have done that we will need to raise taxes and lower your standard of living because we are to arrogant to know better.

    Its time for, should I dare say it?
    This entire government is a sham, they have 14.6 trillion pledged for "bailouts", that money is sitting in a bank being leveraged right now, then finally spent. The derivatives bubble will be enormous, something like know body has ever seen before. And the criminal media will not report that, they wont report the lies told by the government, they only echo the liars and get some clown on to support the lies. And the people, who not entirely by their fault, walk around in a daze and do nothing! That daze is going to fade PDfuckingQ I guarantee it!

  6. #6
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    Re: GM to declare bankruptcy June 1

    At the rate of which they are monetizing the debt I expect the crash of the dollar around October.

  7. #7
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    Re: GM to declare bankruptcy June 1

    Just noticed Gold just went to 980.00 and is poised to go a lot higher. But guess what it is a antique, just worthless yellow metal not redeemable for much.


    I hope to god all these pieces of shit on the business channel go completely broke when this all falls out.


    Although I have invested already in the stuff and have made great returns, I must admit I hate to see the financial landscape of the country when it hits 2000, or could you imagine 5000 an ounce.

    We will be in one hell of a shitstorm for sure then.

  8. #8
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    Re: GM to declare bankruptcy June 1

    Quote Originally Posted by Chad750 View Post
    Just noticed Gold just went to 980.00 and is poised to go a lot higher. But guess what it is a antique, just worthless yellow metal not redeemable for much.


    I hope to god all these pieces of shit on the business channel go completely broke when this all falls out.


    Although I have invested already in the stuff and have made great returns, I must admit I hate to see the financial landscape of the country when it hits 2000, or could you imagine 5000 an ounce.

    We will be in one hell of a shitstorm for sure then.
    The government will never allow it to go that high, but what they will do is let it get to about 1500~2000, then the dollar will certainly be toast. The grand plan, change to a world currency, a cashless society. And that my friend is one of the evil dirty little secrets behind the smart grid. No chip, no buying or selling. This has been the intent for decades, and Obama is closing the deal as you and i type.

  9. #9
    Six
    Account Disabled

    Re: GM to declare bankruptcy June 1

    Quote Originally Posted by Chad750 View Post
    So GM is declaring bankruptcy Monday June 1, 2009.

    So Chrysler/Dodge went belly up, now GM is hey everybody what will happen cant the gov. fix it with their bailouts like they said before. It was such an emergency that we had to bail them out and now what they are fucking bankrupt anyway.

    On top of that many banks are still failing, so to all the naysayers out there that say the bailouts were a great idea. How does it feel to find out that you have been completely lied to.


    The little people are getting completely fucked even though the gov. said without these immediate bailouts the auto industry would fail.

    Well now it has and we have compounded the problem of the bankruptcy with more debt that will have to be payed by who?

    The taxpayer yes the glorious wealthy american taxpayer can take care of all these problems

    BTW I would have posted a link but all you have to do is watch the news tonight or google it bitche's.

    Whats worse is that the American taxpayer had to pay out billions but we will still have to buy OUR cars. At a substantial profit no doubt.


 

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