Posted on 02/06/2014 9:49:20 AM PST by jazusamo
GM is on my permanent boycott list because of their corrupt bailout. I celebrate every time I hear bad news that moves them closer to the true death that this sleazy company so richly deserves.
Thanks, this is the first I’ve heard of it.
GM pickup truck sales have already been slipping and with this coming out now it looks like they’ll continue the downward slide.
Banks, so called “banks.”..money gamblers. check
Insurance companies, so called “insurance companies” (money gamblers). check
Autos, GM. Chinese retail. “finance loans” money gamblers. check.
Extortion-Care. Theft. check
Stock market, government pension money, 6% return by no value QEs. check.
College and university student loan funnel. check.
No value. check.
Government Motors is on the way to bankruptcy within 5 years at the most. It has not changed anything and still cooks the books to project success. In order to list its stocks after the bankruptcy it had to get a waiver because it could pass an audit.
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