GM today becomes Government/UAW Motors. Obama will NOT be distributing the stock to the taxpayers who now own the majority of the shares of GM. You cannot go down to the local dealership and pick up your car, even though you may own it.
In further news, it appears that my predictions were right, and Citigroup will become government owned as a result of the "stress tests" imposed on banks by a takeover minded government. I'm sure government bureaucrats will apply their nimble and intelligent management to the bank and kill it.
If you have assets managed by Citigroup, bail out now.
If you have a loan or mortgage held by Citigroup, beware the change in your terms -- interest rate increases are on the way. It is easier than raising taxes!
Obama is following the Marxist revolutionary manual to the letter; the methodology he learned from his Marxist father.
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