Comments on: General Motors posts an unprecedented loss http://www.todaysfinancialnews.com/us-stocks-and-markets/general-motors-posts-an-unprecedented-loss-5322.html Today's Financial News offers an independent and very practical perspective on the U.S. and global investment markets. We filter out exactly what financial news is worth paying attention to... and what it means for your money and portfolio Tue, 26 Jan 2010 12:08:21 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: obbop http://www.todaysfinancialnews.com/us-stocks-and-markets/general-motors-posts-an-unprecedented-loss-5322.html#comment-2049 obbop Mon, 10 Nov 2008 05:28:13 +0000 http://www.todaysfinancialnews.com/?p=5322#comment-2049 Government intervention is another phrase for corporate welfare.<br><br>How about stripping the HIGHLY-paid uppercrust of GM of their wealth, except for, perhaps, 50K bucks per year worked, and use THOSE funds to keep GM going until it collapses?<br><br>Of course, political elites do cater to the corporate elites since the politicos depend upon those awaiting jobs when they depart politics and enter the realm of corporate elitism.<br><br>A growing number of the working-poor class is aware that the USA is in the throes of class warfare.<br><br>A day of reckoning is coming.<br><br>I wonder if the elite class of the USA will be taken by surprise or if they have already made plans to depart the USA with their ill-gotten financial gains and attain safe harbor with their elite-class brethren in foreign lands? Government intervention is another phrase for corporate welfare.

How about stripping the HIGHLY-paid uppercrust of GM of their wealth, except for, perhaps, 50K bucks per year worked, and use THOSE funds to keep GM going until it collapses?

Of course, political elites do cater to the corporate elites since the politicos depend upon those awaiting jobs when they depart politics and enter the realm of corporate elitism.

A growing number of the working-poor class is aware that the USA is in the throes of class warfare.

A day of reckoning is coming.

I wonder if the elite class of the USA will be taken by surprise or if they have already made plans to depart the USA with their ill-gotten financial gains and attain safe harbor with their elite-class brethren in foreign lands?

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