Er... I mean, Morons. (Snowflakes in Hell)
ottom line of the Øbonehead maladministration's hostile takeover of an already heavily regulated industry's major components: bankruptcy and miserable failure.
For all intents and purposes, the
government totalitarian fascist regime
, which is set to assume a 50 percent equity stake in the company, is GM, and it has been calling the shots in negotiations with creditors. While the
Obama administration Øfascist Despotism
has been playing hardball with bondholders, it has been more than happy to
play nice with outright criminally bribe
the United Auto
How else to explain why a retiree health-care fund controlled by the UA
is slated to get a 39 percent equity stake in GM for its remaining $10 billion in claims while bondholders are being press
ured to take a 10 percent stake for their $27 billion?....
GM is widely expected to file for bankruptcy before the end of this month.... (Anyone surprised?)
But it's too bad that the
Obama administration Øbankrupter-in-Chief's Collective of Miserable Failures® has not thought felt more deeply about how its [Gestapo-tactic] bullying of bondholders could convince future investors proto-John Galts that the last thing they want to do is put money into any company that the government fascist dictatorship has — or could — become involved in.
The Øfascist Despotic Party's next hostile-takeover target: the already heavily regulated health care industry.
Does anyone seriously Hope™ the bottom line there won't be more of the same bankruptcy and miserable failure too?
"Change™" = we bleed.
Labels: anti-America liberals (BIRM), dangerously incompetent liberals (BIRM), fascist totalitarian liberals (BIRM), miserably failing liberals (BIRM), Union of Soviet-style Socialist States of America
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