GM - True Cost of Fraud

[Canuck57]

GM's corruption cost is really underestimated.

SOX was created out of Enron to twart execute corruption in filing
financials. Yet GM, Wagoner and crew mistated their financials. There
was even a lawsuit judgement on GM from 2008. Yet executives get off
the hook as the administration has no intention of justice, just buddy
bailouts on the taxpayers credit card.

This dilution of the US currency, to bailout GM, GMAC, Chrysler, banks
and others goes far beyond the initial corruption transfers. Investors
loose faith as Obama has saddled taxpayers with $1.3 trillion addition
debtwith no end in sight. Why invest in an economy threated with
massive taxation and is in fact broke? Taking out more debt isn't going
to solve a debt problem. Rationality out the windows government is
financially destroying America.

China has $2 trillion of worthless USDs, ok, not worthless, but if they
try to spend it it would crater the US currency as no one wants that
kind of US currency. It is devaluing as I write.

So $50 billion to start, $20 billion after and $30 billion plus for GMAC
and others related to GM, $100 billion is going to look like a lot more
when all is said and done. $100 billion plus government GA and interest
for 30 years will easily make this $600 billion just for GM.

Next, since it is ponzi-debt it is inflationary. That is the value of
he USD will sink, and as it does Americans will pay trillions more for
goods and materials.

And that is optimistic.

Now go out and be a sucker and buy a Government Marxist vehicle. Wallow
in denial and buy a GM and support your walth destruction. If your
working career started today and say at least $4000/year you are looking
at $180,000 additioanl tax load as governemnt will never pay it off,
just pass on teh debt and interest due to you. In the NWO, Americans
become tax slaves.

[Canuck57]

[Tom]

"Canuck57" <Canu...@nospam.com> wrote in message
news:TXzLm.6771$cd7....@newsfe04.iad...

> become tax slaves.'

Canuck 57 modern day chicken little, still running in circles and predicting
the future like nostradumbass

[Mike Hunter]

Perhaps you have hit on something. Rather than trying to enlighten him with
a reply to his loony posts, our response we should always be, "Canuck57"
said the sky is falling, again."

Tom" <t...@comcast.net> wrote in message
news:hdmqpv$s2c$1...@news.eternal-september.org...

[Mike Hunter]

"Canuck57" said the sky is falling, again."

"Canuck57" <Canu...@nospam.com> wrote in message
news:uXzLm.6770$cd7....@newsfe04.iad...

[Mike Hunter]

"Canuck57" said the sky is falling, again."

"Canuck57" <Canu...@nospam.com> wrote in message

news:TXzLm.6771$cd7....@newsfe04.iad...

[Canuck57]

Think, for each GM sold this last year, each one cost taxpayers $60,000
or more after bailouts.

Does not ake much to figure out why the Chinese beat us at manufacturing
when our government taxes us for GM and bank screwups.

And with a $60,000 subsidy, any auto manufacturer could be #1 in sales.
Any one.

GM is dead rot.

[Canuck57]

Nothing to say, LMAO. Little pupet.

[Mike Hunter]

Once again Canuck57 has told us the sky is falling.

"Canuck57" <Canu...@nospam.com> wrote in message

news:wnKLm.14126$gi1....@newsfe19.iad...

[Mike Hunter]

Once again Canuck57 has said the sky is falling.

"Canuck57" <Canu...@nospam.com> wrote in message

news:lFULm.31431$6c2....@newsfe03.iad...

[Canuck57]

It is for GM.

[Canuck57]

It is for GM.

[Mike Hunter]

Once again Canuck57 has told us the sky is falling.

"Canuck57" <Canu...@nospam.com> wrote in message

news:MzYLm.16738$We2....@newsfe09.iad...

[Mike Hunter]

Once again Canuck57 has told us the sky is falling.

"Canuck57" <Canu...@nospam.com> wrote in message

news:pzYLm.16737$We2....@newsfe09.iad...