Brees List

As General Motors battles for its life … the handwriting is already on the wall.  

Nothing will stop it from being forced into bankruptcy.

The UAW agreed to big concessions in a desperate last minute gasp to save this great company… but the ominous hand over it all seems to say .. “do as you wish… you will do as I say”.

Now the bondholders again are the ones being set up to take the fall …. the “blame” .. for the day Obama orders the bankruptcy filing.

With Chrysler.. the bondholders were set up by being offered a ridiculous amount on the dollar for billions of dollars … as the UAW and Fiat were given the company.  Say that again.. they were given the company.

When the bondholders dared to stand up for their legal rights .. they were named as the reason for the forced bankruptcy.  Of course.. it was completely set up by Obama to be that way.

Now it is GM’s turn… and the bondholders again.. the “vultures” .. will be the target.. the excuse.. all set up by Obama.

This time they have been offered a ridiculous 10% of the company in return for the billions owed.  Of course …. should they take this offer.. they will then be owned by Obama.

They cannot win.  They will as Chrysler did.. lose no matter what .  It is set up for their failure.

Obama power… Obama control.

The Obama steamroller.

Still waiting for the steel wall it has to hit soon if we are to survive.

GM’s battle to live is about over.