 |
 |
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
 |
|||
|
|||
 |
|||
|
|||
 |
|||
|
White House had long planned GM and Chrysler bankruptcies
- Text size
While the Obama administration publicly claimed it was seeking to avoid bankruptcy filings by Chrysler and General Motors, behind the scenes the White House was determined to throw the two Detroit automakers into the bankruptcy courts.
|
|
 |
|
| Steven Rattner | |
Documents filed with the US Bankruptcy Court for the Southern District of New York make it clear that Obama’s Auto Task Force—headed by millionaire private equity manager Steven Rattner—had decided as early as Inauguration Day that a court-ordered restructuring of GM and Chrysler was needed.
The administration saw this as the most effective means for the companies to jettison unprofitable factories, brands and dealerships, gut the jobs and living standards of current auto workers and escape obligations owed to hundreds of thousands of retirees.
In the aftermath of the two bankruptcy declarations, both GM and Chrysler have announced nearly two dozen plant closings, massive layoffs and the elimination of more than 3,000 car dealerships.
Under the terms of Section 363 of the Bankruptcy Code, the two automakers’ most profitable assets are being sold to “new” auto companies. This legal fiction will allow them to sidestep state laws protecting dealerships from the violation of franchise agreements and other legal liabilities, including court cases involving unsafe vehicle claims and asbestos exposure. These liabilities, along with other assets deemed to be unprofitable will languish in the courts for years until they are wound down and liquidated.
In the case of GM, the US Treasury will take a controlling share of the new company in exchange for nearly $50 billion in public assets. President Obama has made it clear the government will not interfere with the prerogatives and interests of private investors and will leave it to a corporate board, made up of proven cost-cutters, to return the company to profitability.
“The federal government will refrain from exercising its rights as a shareholder,” Obama said last week, “In short, our goal is to get GM back on its feet, take a hands-off approach, and get out quickly.”
The government plan involves handing the company—once it is reduced to a fraction of its size and freed from the “legacy costs” of decent wages and retiree benefits—to private investors as soon as possible, at a bargain basement price. This is why Wall Street celebrated the GM bankruptcy last week with a 221-point rally on the New York stock exchange.
The Wall Street Journal reported Monday that GM will use a portion of the public assets from the US Treasury to subsidize a private equity firm’s buyout of the bankrupt auto parts supplier Delphi. GM will provide more than $2.5 billion of the $3.6 billion necessary for Beverly Hills, California-based buyout firm Platinum Equity to gain control of Delphi, the Journal reported. The newspaper added, “Such transactions can prove hugely profitable for a buyer, depending largely on financing costs and the buyer’s ability to turn around the business.”
Obama’s Auto Task Force has focused on one thing from the beginning: how to exploit the crisis of the auto industry to create conditions for Wall Street to reap huge profits. Its leading figures—Secretary Treasurer Timothy Geithner and White House economic advisor Lawrence Summers—played a key role in the Wall Street bailout, opposing the slightest restrictions on compensation paid to banking executives receiving public money. When it has come to the auto industry, however, they have demanded the most brutal job cuts and wage and benefit concessions from auto workers.
Task force advisors include Wall Street investors Rattner and Ron Bloom. Another advisor, Brian Deese, was described in a recent New York Times article, entitled, “The 31-Year-Old in Charge of Dismantling G.M.” The “not-so-graduate of Yale” who “never set foot in an auto plant” until this year has pushed for a court restructuring of the two auto makers from the earliest days of the Obama administration.
- A d v e r t i s e m e n t
In late March the Obama administration would fire Wagoner—who continued to oppose bankruptcy—and made it clear it would withhold any additional funding unless the company imposed far more “painful” cuts than outlined in its initial plan. That plan called for the elimination of 47,000 jobs worldwide, including 21,000 hourly workers in the US.
Despite its claims to the contrary, the administration was putting its plans into motion for the forced bankruptcy of Chrysler on April 30 and the century-old GM on June 1.
In his affidavit to the bankruptcy court, Frederick Henderson, who took over from Wagoner as GM’s CEO, made it clear the government left GM no choice but to file for bankruptcy. In the months leading up to the bankruptcy filing, GM had sought desperately to raise cash, cut costs and seek a potential partner. This was taking place in the face of what Henderson said were deteriorating economic conditions, “which can only be described as the worst economic downturn and credit market environment since the Great Depression,” including a fall in per capita vehicle sales to the lowest levels in half a century.
Given the company’s massive debt burden, Henderson said, the US Treasury was the only entity with the financial wherewithal and willingness to purchase the company. The US Treasury made it clear, Henderson said, that it was “only willing to proceed in the context of an expedited sale process authorized and approved under the bankruptcy code.”
The same was true for Chrysler. As late as April 29, the automaker’s executives reportedly still hoped to avoid bankruptcy after extracting concessions from the United Auto Workers and achieving an agreement with most bondholders. According to an article in the Detroit Free Press, “Reluctantly, however, the leaders were recognizing the harsh decision Rattner made weeks earlier: Chrysler was filing for Chapter 11, no matter what.”
Basing itself on correspondence recently released during the Chrysler bankruptcy proceedings, the Free Press continued, “Rattner had met with Ron Kolka, Chrysler’s chief financial officer, and told him how it would go. ‘We need a deal with Fiat today. We were told to pretty much take it,’ Kolka wrote in an e-mail to [Chrysler CEO Bob] Nardelli, Vice Chairman Tom LaSorda and Robert Manzo, a financial consultant Chrysler hired in November. Rattner and his colleague Ron Bloom ‘will call the union in and tell them what will happen. Then they’ll tell the banks, ‘Here’s the deal: take it or liquidate it.’”
Rattner, too, has no knowledge or experience in the auto industry. His major qualifications seem to be his Wall Street connections and an aptitude for raising millions on behalf of the Democratic National Committee, an accomplishment which has earned him the moniker of the “ATM of the DNC.” Rattner, whose net worth is estimated at $600 million, owns a Fifth Avenue apartment in Manhattan, a private jet and horse farm. This is the man who has demanded that retired auto workers and their dependents go without dental care and optical benefits.
The forced bankruptcies and dismantling of GM and Chrysler demonstrate the massive influence Wall Street exerts over economic and political life in the US generally and the Obama administration in particular. While the White House officials lambasted auto executives for poor economic decision-making and made any government assistance contingent on massive givebacks from workers, they have treated the financial masters of the universe with nothing but deference, and handed them trillions in public cash.
The outcome of the dismantling of the auto industry will mean that the industrial base of the US will shrink even more and the economy will be further dominated by the type of reckless and socially destructive speculation that is responsible for the worst economic and social crisis since the 1930s.
-
- Social bookmarks
- Email this article
-
- Print this page
- Share on Twitter
June 9th, 2009 at 2:37 pm
Alex:
If you want to help prune the disgusting, spam and threatening comments from the news, please add a feature such that the social networking sites such as digg.com and youtube have whereby a number of users can marks a comment as spam and when a certain number (say 5) do so, it is automatically buried. This would help take away most of the trash. Perhaps you could force users to signup before posting comments and then ban their IPs. I know this isn’t perfect but it could be a big improvement and short of stopping comments altogether.
patriot223 Reply:
June 9th, 2009 at 2:49 pm
why would alex curve free speech? All of what you said is curving free speech.
internet spammers Reply:
June 9th, 2009 at 2:59 pm
you are an idiot.
Tailgunner Reply:
June 10th, 2009 at 2:20 am
No. Don’t do that Alex. Then the bad guys will just click the good comments out of view.
You must make comments a separate page. (Click here for comments) This way, I can forward your articles (Infowars web pages) to people and not be embarrassed and discredited by the comments!
They are unnecessary, but nice for people who want them.
Alexis Reply:
June 10th, 2009 at 10:54 am
Yoy, comments are unnessicary!?
Sheep kicking their own shit on sheep.
Zaphrod Baggins Reply:
June 10th, 2009 at 5:02 am
You are all playing into our game, just as we planned.
Keep fighting, we love it.
We will win this one for sure.
Sincerely,
Dan Illuminati
proud patriot, part-time father and full time owl worshipper
Old JarHead Reply:
June 17th, 2009 at 12:31 pm
zaphrod..you forgot ahole and numb nuts on your self description
homedawg Reply:
June 9th, 2009 at 3:14 pm
1st,its “Curb” free speech.NOT “Curve” free speech….now this”…gut the jobs and living standards of current auto workers and escape obligations owed to hundreds of thousands of retirees.” says it all….ohitler is a serious snake in the grass and the koolaid drinkers that elected the idiot refuse to admit it
Teddys Tumor Reply:
June 9th, 2009 at 3:19 pm
of course they refuse to admit it…admitting it means they have to face reality and own up to the fact they helped elect a power mongering idiot who just “knows” what ails the country and exactly how to fix it…not to mention his own private agenda of hate towards everyone who isnt in his realm or contributed to his and The Wifes angst during their formative years…witness their little “dates” while in Europe while the entire country is falling to pieces…they were rubbing our faces in their power and eliteism….and you can bet the original supportes of these two wont condemn their actions right up until the country burns
Sheri Reply:
June 9th, 2009 at 7:01 pm
This assault on the American worker started long before Obama got into office. Send some thanks to President Clinton for signing the NAFTA and GATT agreements, then not enforcing the provisions of it where, to summarize, companies in other countries would need to be held to a decent standard (for workers) in regards to safety and wages.
Dave Reply:
June 9th, 2009 at 8:33 pm
Many people would say that the American union workers assaulted our automotive,textile and steel industries as well…
Both sides are somewhat correct.
Mick Reply:
June 14th, 2009 at 3:27 pm
clinton is bascialy just another front man. taking orders. not giving them. so thank them all. just about every president since world war 2. prob some before to.
Gary Reply:
June 9th, 2009 at 4:10 pm
How badly curved is it? Is it bent up pretty bad?
vueflix Reply:
June 9th, 2009 at 4:49 pm
Freedom of Speech – No Censorship
join the resistance VueFlix.com
The Blob Reply:
June 9th, 2009 at 5:41 pm
It’s not curbing free speech, because this website it Alex Jones’ property so he has the right to do whatever he wants with it.
-NOW-
If this site was government owned, and every person had an equal part of it as citizens, then you might have an argument.
Dave Reply:
June 9th, 2009 at 6:13 pm
Obviously you didn’t hear the show yesterday. He’s not against free speech, he’s against idiots making threats and having his time wasted by Federal Agent’s with subpoenas. The Blob is right on the money. The word all you “Free speech” freaks need to learn is Respect. Use a little common sense and respect that Alex let’s you comment on his page. Also Adam, That’s a great idea using the rating/flag system. I hope Alex will consider it!
Tailgunner Reply:
June 10th, 2009 at 2:22 am
Bad Idea, make them a separately accessed page away from the story.
PrivateSi Reply:
June 10th, 2009 at 10:38 am
It may be a simple, tempting idea to some but it has complications. OK, so not technically breaking free speech laws but it is against the spirit of free speech.
The main problem is flagging/rating wars will mean the comments will quickly become extremely biased towards AJ & his agendas. On a ‘truth’ news site this could/would be disastrous. Credibility would be lost.
Ratings are also lazy, why comment when you can just dis all the comments you don’t like with a click?
I agree with a link to the comments page but think there should be an option to contact the moderator buried in a sub-menu of the ‘contact’ menu option…I’m sure infowars fans will be happy to alert the moderator to issues such as addresses being posted, esp. if some1 has responded to the address with death threats…
Also, a concerted group effort could simply out-flag/rate the comments board so that PRO-ALEX comments are removed. This is even possible if the number of flags/ratings per IP address per article is limited. Automatic censoring of cussing could programmed into the site but where’s the fun (and freedom) in that??
FLAGGING AND RATING is a bad idea – the logical outcome could well be extreme bias…
stefanos Reply:
June 9th, 2009 at 6:39 pm
The mainstream media machine curves the truth. perhapes you meant “curb” free speech. Besides, I believe, Alex is wanting to not host death threats against anybody in his PRIVATE forum.
many names Reply:
June 9th, 2009 at 11:33 pm
adam is a fascist or an undercover cop
i have read his stuff before
MAD DOG Reply:
June 9th, 2009 at 3:19 pm
DAMN, IT COST US 18 TRILLION TO TURN COMMUNIST
WE COULD HAVE INVITED THE RUSSIANS IN TO DO IT FOR FREE ?
Windrider Reply:
June 9th, 2009 at 3:40 pm
I agree with you Adam. I read some of comments posted concerning a particular subject and can’t figure out how they are pertinant to the subject matter. Some of the incoherant rantings are actually amusing. Here’s a tidbit of info on GM restructuring. Ed Whitacre formerly of AT&T is slated to become the new chairman of GM.
June 9th, 2009 at 2:39 pm
Wow! It’s almost like they’re trying to make the economy collapse….lol
This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes.
Social Viability Reply:
June 9th, 2009 at 3:20 pm
Yeah, the White House works for the people that are collapsing the economy.
The vultures that own the banks are going to rub their hands together with glee as the economy comes apart at the seams. Then they’ll swoop in with all of the money they embezzled from the middle class and buy up assets at rock-bottom prices.
And Obama and his boys will get their little pats on the head and cushy jobs when they leave office.
This regime has screwed us for generations. Anyone else think that if we keep supporting this regime we might continue to get screwed?
Don’t fight the system:
Replace it
http://socialviability.com/
Chris Cudnoski Reply:
June 9th, 2009 at 7:46 pm
Thank you to all trolls and patriots alike for using cuss words on this forum. The government “loves the children” of this nation too much to let them be exposed to such language. Internet 2 will impose fines on websites that allow such language to be used. It will be up to the website host to either pay the fines, pay a fee to allow x-rated content, or pay a moderator to censor your comments since you can’t seem to censor yourselves.
BTW 80% the so-called patriots who make valid, cogent points, and then throw in 3 or 4 cuss words, are paid or unpaid trolls. All they have to do is say something true, that you can agree with, then they pile on the vulgarity which will lead to this sites downfall, and you allow this to happen because you happen to agree with the statement they made.
If you are not a troll, stop the cussing right now!
Theywontchipme Reply:
June 10th, 2009 at 8:11 am
stick and stones……
Hangman1 Reply:
June 10th, 2009 at 5:09 am
It is going to be very interesting watching banksters try to DO anything with all the “assets” they buy up, when those assets are crawling with biological weapons sprayed all over the place by the Hand That Feeds the banksters.
When they tip their evil hands and people really begin to figure it out, a widespread scorched earth policy will go into effect and the “assets” will go up in flames.
Since I “own” everything I have, with no debt to these people, if they try to take it no one will own it. Ownership is only a state of mind anyway. Once I’m gone I don’t own anything, so I don’t mind and it don’t matter.
rik thomas Reply:
June 9th, 2009 at 8:20 pm
thats all it is, man. all it is. the red pill or the blue pill.
and if you take that truth pill everything looks just like the matrix depicts.
it’s the story of the last ten years.
now, to quote the movie NETWORK, “who knows what shit will go down…”
June 9th, 2009 at 2:56 pm
It’s better than constant death threats being posted on this website in which Alex’s studio gets raided. I think it would promote reasonable comments while marking by and large (though not perfect) spam comments as spam and having them buried. And btw its not an issue of free speech. This is Alex’s website, this is his private property. He doesn’t have to let you into his home to spew racist bigotry and death threats. I think this would be a better solution to what we have and would eliminate many of the trolls without massive webmaster review of comments.
MAD DOG Reply:
June 9th, 2009 at 3:06 pm
go sit in the corner fool.
Truth Reply:
June 9th, 2009 at 5:48 pm
Adam, I’m on here every day and I’m not seeing death threats as you propose. Yes some of the comments are off subject but I find many of them to be quite funny and insightful. You got to have humor especially when the subject matter is mostly bad news.
Personal Incredulity Reply:
June 9th, 2009 at 6:58 pm
Just because YOU don’t see them, doesn’t mean that they aren’t there. Just yesterday one of the forum moderators was on the AJ show talking about the thousands of comments he had to delete from just one article in one day!
June 9th, 2009 at 3:04 pm
I’m mad as hell, and I’m not going to take this anymore! Everyone needs this attitude from this video on YouTube: http://www.youtube.com/watch?v=q_qgVn-Op7Q
June 9th, 2009 at 3:21 pm
Watch this from the 70’s,remember the steel industry.Doing away with heavy industry,bye bye middle class blue collar workers.
June 9th, 2009 at 3:21 pm
None of you are revolutionaries. You are internet addicts. Alex Jones is a misinformation agent. of course you won’t believe me, because most of you have a structured belief system and are unwilling to shatter it. I am beginning to feel disgusted by this entire movement because of its lack of progress.
Theywontchipme Reply:
June 10th, 2009 at 8:24 am
all that proof you just produced really convinced me thank you for your time
Unconquered Reply:
June 12th, 2009 at 3:32 pm
Even Together: Don’t let the door hit you on the ass on your way out.
June 9th, 2009 at 3:22 pm
In 2004 GM spent the American taxpayers dollar to create construction jobs in China where they built there new engine manufacturing facility. by 2005 they were making thier engines in China.
Globalism brought to you by Neo-Cons like Bush and Obama. How did that work out for you Detroit?
9th1 Reply:
June 9th, 2009 at 4:43 pm
Ed you have hit the nail exactly right on the head,
and who can argue with the facts you point out in your post.
Yes, how did their 8 Year Support of the Insane Bush Admin
work out for everyone up in Detroit, ? not to mention the rest
of the insane United States of America that jumped on the war
band wagon etc. etc. etc.
Oh No, None of the Bush-heads and Limbaugh-ditto-heads would
listen to anyone all of those last 8 years. And now look at the
whole fucking mess. Here’s a clue for everyone who thinks that
they have an education and that they are in the know ! You don’t
know jack shit, do you. Next Time listen to the voices of common
sense and reason around you, that is if you ever get a “Next Time”
9th1
Not so damned funny now is it…
June 9th, 2009 at 3:24 pm
So why not Ford, too?
June 9th, 2009 at 3:25 pm
Why can’t Alex use a 3rd party to host comments, make them responsible for deleting them and hosting them on there server and site. Next time Feds come knocking, you can just point them to the people who runs it.. Problem solves, takes Alex out of the silly game.
rik thomas Reply:
June 9th, 2009 at 8:28 pm
simon, that is a VERY GOOD idea. completely takes the responsibility off him.
excellent and best way to go.
lets do it!
June 9th, 2009 at 3:30 pm
the bilderberg group owns fiat. Now they’ll own chrysler too. It’s like the cia owns exxon and j.c. penny’s. It’s a money front that fleeces the herd.
"ren Reply:
June 9th, 2009 at 3:45 pm
yup
June 9th, 2009 at 3:35 pm
This is a most unfortunate situation. I did not know about it, and I am grateful to you for bringing it to our attention.
June 9th, 2009 at 3:36 pm
check out my video, it’s a remix of an Alex Jone’s rant.
http://www.youtube.com/watch?v=IQVlzqrGT2Y
Theywontchipme Reply:
June 10th, 2009 at 9:21 am
acquire video-editing software to make it more professional. Good premise though!
June 9th, 2009 at 3:39 pm
The answer to this is simple, don’t buy ANYTHING from GM or Chrysler in the future.
June 9th, 2009 at 3:46 pm
The owner of Fiat was at the 1008 Bilderberg and then they planned to kill American business and sell out to Fiat! Rewards of the NWO to Fiat!
June 9th, 2009 at 3:47 pm
ww.americasrepublicmilitia.net
June 9th, 2009 at 3:51 pm
No,the white house did not “plan the bankruptcy of GM”,the market along with the unyielding unions did!
June 9th, 2009 at 3:53 pm
HERE: Stream and Download ALL the best interviews and rants from the Alex Jones Show Archives:
http://alex-jones-archives.politicsfiles.info/
TODAY:
- Sam LaBriere:Montreal 9/11 Truth
- JT Coyote:Mistaken DEA Raid (Snoop & Tell Program)
- Joe Banister:Audit The Fed!
Backup your favorite episodes, don’t miss any!
NewWorldHoarder Reply:
June 9th, 2009 at 4:08 pm
When I clicked on your link I was expecting to see a pile of banner ads, but there was only one Google Adwords box.
June 9th, 2009 at 4:17 pm
http://911essentials.com wonders what else they have planned for our own good?
I’m sure it’s all bunnies and rainbows and just what we need…..
911essentials is a primer portal introduction to the New World Order Corporate Banking Police State, its plans for one world government and their worship of the fake science Eugenics.
June 9th, 2009 at 4:36 pm
Well I will make this short because the last comment I made on infowrs the nex tposter was arrested. and the stole me make blood boil comment and said this other guy said it when in fact was me.
anyways TO BRING IN THE AMERO WE MUST LOWER AMERCICAS ECONOMY TO MEXICO STANDARDS.
how do you bankrupt a country a million times more wealthy then mexico take all the industry the houses and the credit.
this shouldnt be a surprise to anyone.
you guys just didn’t realize how real it really is.
Good day don’t put me in jail for this comment please alex you do not have permission to forward my ip to the CIA FBI or any three letter mafia gov. organization.
Mick Reply:
June 14th, 2009 at 3:32 pm
lol funny about the three leter mafia gov. stuff.
June 9th, 2009 at 4:50 pm
america is being sacrificed on the altar of globalism
June 9th, 2009 at 4:56 pm
“Man cannot possibly make a worm and yet will make gods by the dozens.”
~ Eyquem de Montaigne
“The men who took the cross, after receiving communion, heartily devoted the day to the extermination of Jews… They killed about ten thousand of them.”
~ Lord Acton
“If Christ were here now, there is one thing he would not be,
– a Christian.”
~ Mark Twain
“Don’t Follow Leaders, watch your parking meters.”
~ Bob Dylan
.
June 9th, 2009 at 5:40 pm
ILL BET THEY PLAN ON SELLING OF THE US GOVT PORTION OF GM AND CHRYSLER TO THE CHINESE FOR DEBT RE PAYMENT
June 9th, 2009 at 5:55 pm
The same thing has just happened here in the UK Dudes.
LDV has just gone into administration.
The State will need someone to make “snatch wagons” in the post democratic “era”.
http://news.bbc.co.uk/1/hi/business/8078919.stm
They don’t want the cattle to be able to move manpower and equipment when the time comes for us to mobilise to survive.
Keep on keeping on Brothers and Sisters.
You are in my prayers.
June 9th, 2009 at 6:26 pm
Planned all along? No shit Sherlock! And Obama has even BIGGER plans for Amerika. You see, he knows a frightened, hungry, impoverished nation that is dependant on HIM for mere survival is easily controled. Or so his teachers have led him to believe. What I really, truely hope he finds is that a population that has had everything stolen from them become the biggest, maddest fucking mob ever seen and that him & his elite minions are chased to the ends of the earth for the peoples JUSTICE! But that’s just my humble opinion. I’m not telling anyone what to do or anything.
June 9th, 2009 at 6:28 pm
Can someone plug me back into the Matrix? I don’t want to be “awake” anymore…
James F. Blake Reply:
June 12th, 2009 at 12:10 pm
sickntired, no problem.
Find a gun. Point the business end at whatever it is you want to die. In this case, your head.
Squeeze the trigger. Problem solved.
Stop bothering the rest of us.
June 9th, 2009 at 7:43 pm
i was told over two years ago that i would see car dealerships close up to make way for a centralized car sales facility. kinda like the walmart of cars. all vehicles, makes and models under one roof.
on a side note, another article had about the gov. taking over the banks. i believe this is to control the money system entirely so as to begin the issuing of credit based upon performance via an rfid chip. NPR has an “interview” with a financial “expert” telling NPR that people can’t make good financial decision, hence the economic colapse, and that the government needs to “nudge” them in the right direction. of course they covered themselve and said that the people in gov. make perfectly fine decisions. i can’t remember his name but obama appointed him to something.
June 9th, 2009 at 8:03 pm
Spread the wealth, thousands upon thousands who worked all their lives will lose their retirements. Soon the welfare PsOS will be occupying all the foreclosed houses for free. It has already started in Florida.
Dave Reply:
June 9th, 2009 at 8:36 pm
I always knew that 401K’s were a scam to get people to puff up the stock market so that the scammers could rake it in someday.
Screw stocks,bonds and bank accounts in paper dollars…. got gold?(it’s up 60% in the last three years)
June 9th, 2009 at 8:58 pm
I would’ve been for letting failed companies like GM crash if they didn’t bail them out.
June 9th, 2009 at 9:44 pm
Poor american sissies sittin in a tree, cry about poor old me, me, me.
June 9th, 2009 at 11:00 pm
Fourth Estate Gives Left Cover For The Fourth Reich
Watch this video at my YouTube page when you get a chance.
http://www.youtube.com/watch?v=gzzpLEbZ6Bw
June 10th, 2009 at 7:15 am
THANK YOU FOR POSTING THIS ALEX! This was BIG News in the Detroit Free Press on Sunday. I didn’t read this article but Rattner is was worth 188 Million when he took over the operation. He’s also the guy who FIRED Wagoner face to face. There’s an article about that as well on the Freep. I’ll just say the day that it happened, there was SHOCK and AWE in the board room that day.
THANKS AGAIN!
June 10th, 2009 at 7:52 am
The new bright shiny beer cans with engines will be shipped in from China, Mexico , Brazil thank s to your new car dealer NWO CARs INC. a car you can put your fat ass in the whole front seat !!!
June 10th, 2009 at 10:27 am
Mr Barak Hussein Obama is going to give us change alright.
Didn’t he say, during the campaign, that America was the greatest country and that he was going to change that?
Change you can’t believe.
Vickie Reply:
June 16th, 2009 at 1:55 pm
Another leader in modern times was elected on an unidentified fuzzy platform of “change”.
Adolph Hitler (it is true)
I guess we and the German’s should have taken a much more “critical” look at the “change”.
June 10th, 2009 at 10:42 am
The butchering of General Motors is truly shameful.
June 10th, 2009 at 12:20 pm
What’s really interesting is that they would probably not be going down if they had not killed their electric car, the EV1!
http://criticalunity.org/video.....amp;id=400
June 10th, 2009 at 4:38 pm
Here’s what they’ve been hiding all along………proof of pre-meditation
The 2012 Pelosi GTxi SS/RT Sport Edition
http://www.youtube.com/watch?v=rAqPMJFaEdY
June 10th, 2009 at 9:06 pm
Somebody is moderating because I can never tell why some of my post never see the light of day.
June 10th, 2009 at 9:13 pm
Perhaps what we should do is have the “moderator” dump the questionable posts into a “virtual trash bin” (one per article) & that way we maintain “Freedom Of Speech” & at least the “alphabet letter agencies” can say, Ok, they did dump that “questionable e-mail” & then they can go directly & pursue the poster, rather than hold “Infowars” responsible. Everybody realize that if we do loose “Freedom Of Speech” we are an “extinct Nation” – & we are very close.
June 10th, 2009 at 9:49 pm
Am I missing anything……hasnt anyone noticed that the dies at chrysler to build war machines can be turned over in 24 hours……and now they will sub that out overseas……we will never be able again to defend our country…this trashing of Chrysler was planned by the cfr members put in place as the board of directors (watch the overseas companies bombard us with new american cars with high mpg’s) long ago………Planned Destruction……at its finest……
June 10th, 2009 at 11:05 pm
Agreed, however, we are still fighting…
110 mpg (Miles Per Gallon) V-8 Car Engines From New Iowa Plant
“The vehicle is to be called the Revenge Verde Super Car, which will use Mr. Pelmear’s 400-horsepower engine and its 500 foot-pounds of torque to travel up to 200 mph and get 110 mpg.”
http://www.toledoblade.com/app.....BUSINESS02
Marlboro Man Reply:
June 11th, 2009 at 4:56 am
Yeah saw this but it won,t go anyware it,ll be bought and dumped or the guy will die from falling off his kitchen chair why,ll playing with a rope around his neck /like so many before himand then no one will know how it all works /like the guy from FL. who has a car that would run on salt water /who didn,t drink fell off a trian going to DC to get a patten ??????????????
June 11th, 2009 at 8:39 am
New Channel – Updated Daily
Aaron Jason Przasnyski Brings You…
ONE OF THE BEST NEW TRUTH CHANNELS ON YOUTUBE
Now Showing Over 75 Full Movies All Subjects
Over 800 Videos and More Everyday
New Information EVERYDAY Check Back Often
http://www.youtube.com/MrALEXJONES
Thank you patriots for helping to make this work,
to all those who have helped or contributed,
and all those that will come by and hopefully
be a voice of reason in a world of lies!
REMEMBER
You are the REVOLUTION!
POWER TO THE PEOPLE!!!
A.J.
June 12th, 2009 at 11:23 am
How many things are under goverment control now?
June 12th, 2009 at 12:06 pm
The pride is back! Born in America!
June 12th, 2009 at 7:47 pm
If they sell off postal service to the chiness, does that mean we will return to delivery boys coming to the door. 10 yrs old and younger. (slave labor)
June 13th, 2009 at 1:57 pm
You cannot settle debts with IOUs…or should I say Federal Reserve Notes. If you attempt to settle a transaction using these notes, you have not settled the debt. However, if that is what is provided as a medium of exchange by the Federal Reserve, than I’d set the record straight and secure those notes by securing you. Once you do, you can finally claim the currency that backs the notes.
June 14th, 2009 at 8:53 am
Some good information in your post. Thanks for the pleasant read!
June 15th, 2009 at 10:50 am
What Can we common Poeple do about the Bailout? Nothing.. we just have to wait and see if the company comes up and develops new cars and prototypes to please the americal consumer
June 16th, 2009 at 7:18 pm
82mcno lnkoqrxuumfx, [url=http://wogpwyhfgtrt.com/]wogpwyhfgtrt[/url], [link=http://vbvjnvnxyotv.com/]vbvjnvnxyotv[/link], http://egdkwjaqighq.com/
June 19th, 2009 at 11:09 am
if any of you idiots read the bible you would know just what is really happening this has been the master plan of lucifer and his cronies aka illuminati they are all corrupt all the way up to the pope. the collapse of america is just the beginning or so is told in the bible the labor pains its only gonna get worse all i can say is arm youselves be prepared stockpile food water weapons and gasoline .. and what ever you do dont take the chip!!!!!!!!