Posted in Economic Collapse, Financial Crisis, Health Care, U.S. Government, Universal Health Care, economy, taxation on Jun 1st, 2009 3 Comments »
Socialized medicine has meant rationed care and lack of innovation. Small wonder Canadians are looking to the market.
Posted in Bailouts, Constitution, Corruption and/or Public Mind Control, Declaration of Independence, Democratic Party, Economic Collapse, Election, Financial Crisis, Freedom, Government Corruption, Health Care, Income Taxes, Inflation, Lobbyists / Special Interests, Marinette, Menominee, Michigan, Morality and Virtue, Peshtigo, Public Concerns, Recession / Depression, Republic, Revolution, Senate, Social Security & Medicare, Social Security and Medicare, Stimulus, Stock Market, The Federal Reserve, The Matrix, U.S. Government, Universal Health Care, WI, Wisconsin, congress, economy, pork barrel, rights, stimulus bill, stimulus package, taxation on Jun 1st, 2009 No Comments »
“The bill is now up to $50 billion or more, which is what we said would be needed, but the government should be first in line,” Altman said today on Bloomberg Television. “The government will now have stock in the company, more than 72 percent. It is a big uncertainty if the company will do well. The potential biggest loser, unfortunately, is the U.S. taxpayer.”
The largest U.S. automaker plans to file for bankruptcy protection June 1, according to people familiar with the matter. The U.S. will fund GM’s reorganization with about $50 billion, including the automaker’s existing $19.4 billion in federal loans, the company said in a statement.
GM, contemplating a sale of assets to a new company through bankruptcy, would give 72.5 percent of GM’s equity to the U.S. Treasury, 17.5 percent to a union health trust, and a 10 percent stake to the old GM to pay bondholders and other creditors, the Detroit-based automaker said yesterday in a filing.
Posted in Corruption and/or Public Mind Control, Democratic Party, Election, Freedom, Government Corruption, Morality and Virtue, Public Concerns, Republic, Revolution, U.S. Government, rights on Jun 1st, 2009 No Comments »
Meanwhile, as WND reported Friday, Obama’s elusive long-form birth certificate that would establish his eligibility to serve as president as a “natural born citizen” is the hottest discussion topic at the Fox News Channel’s website.
Under the heading, “Should Obama release his birth certificate? Or is this old news?,” nearly 1,000 comments were posted – all of them since White House press secretary Robert Gibbs was questioned about the document earlier this week by WND White House correspondent Les Kinsolving.
The rush of posts at the Fox News site made it the “most talked about” issue, according to a ranking on the right side of the page.
American People’s First Flag of FREEDOM from Government Despots.