Thursday, March 12, 2009

GM says it doesn't need $2B from gov't in March

Lots of positive stories coming out today. Banks are doing great. It was a week ago that GM was rumored to go bankrupt, but now everything's fine and dandy. Hmm. I think something's up. We are quickly approaching the end of the 1st quarter and I think this is a propaganda strategy from the white house to get people feeling we are on the up swing before really bad news hits the news cycles again. But, there are still a lot more bad news than good news. Unemployment is pushing up at a rapid rate, foreclosures are way up, and inventories are going down. All signs that we have not bottomed out yet. These emotional ploys do work, but only until reality settles back in. Remember, the big plan is to push the country away from capitalism and into socialism. To do this, they have to make us believe that Obama's socialist policies are working. It doesn't matter if they are or not, we just have to believe they are. (Trust me, they are not.) GM says it doesn't need $2B from gov't in March: "GM, which is living on $13.4 billion in government loans, has requested another $16.6 billion as it tries to weather the worst auto sales slump in 27 years."

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