GM is the UAW.
GM took billions of OUR money, used it to pay for union benefits, screwed investors who should have been first in line to get their money back, and funneled money via union dues back to the Democrats that made that money possible. I detest them with a fervency I used to reserve for external enemies.
Our major enemies are INTERNAL and are working hard to weaken us and tear us down from within.
I agree, GM took billions and some who held debt and owned dealerships got screwed and I strongly opposed that.
But you can’t compare the peanuts that GM and UAW received with the crown jewels worth TRILLIONS that the bankster thieves, who with the help of their Fed Reserve cronies, owned politicians and printing presses got, and who will continue to get and have smiled every year for the last 4 years with billions in bonuses that does nothing for our economy.
It’s time Americans start defending the USA economy instead of Parties and politicians and those who bribe them. .
Capitalism was once about risk / reward and about creating real and new industry and productive enterprise. Today it’s about M&A deals and gains for the club of bankers only. The conversion from real capitalism to crony banksterism has led to the decline in the USA and corruption in government. Money buys everything.
Obama means nothing. He needs to be defeated. But neither do the parties mean anything.
The viability and success of the USA means everything to me. We first need a nation that succeeds, and as a priority instead of the politicians that want to succeed.
I prefer living in a nation that has a 100K in 2012 dollars as median income, to one that has all of its income going to thieving NYC bankers who scam the system because they own politicians.
I oppose debt. We have a media that encourages American Idol fools to go into more debt so that the bankers and their media marketing cohorts can take their assets, and then own our public assets when the bubble breaks and they can’t pay. That’s the game plan.
Stay out of debt; buy only what you can afford; and take the propagandizing Hollywood Edward Bernays worshiping media and turn the TV switch off.