reply to post by pauldamo
The reason why these companies are bailed out is because it is an incestuous pool of people passing money around. The reason they're bailed out and
not allowed to collapse is because they hold the papertrail to all the ponzi schemes that they've been pulling on the American people.
A merger of companies or a bailout, keeps the company going without having to disclose a thing other than basic financials, if that.
If the company is allowed to file for bankruptcy then it's a hornets nest, because the court would have to identify all assets and liabilities, all
the money trail would be exposed, so that they can try to pay off the primary creditors,... i.e. preferred stock holders or senior liens, while the
common stock and the "common" debtors get the shaft.
Think about Lehman, Bear Sterns, then think about Merrill and Countrywide and some others. Merrill was purported to have tons of documentation or
"proof" of where some of the $1.3+ T that Rumsfeld announced was missing on 9/10/2001. Merrill and other questionable companies including FBI, CIA,
and other gov offices were in WTC 7. Why do you thing Merrill was purchased? Do you really think BofA wanted to buy a POS company like that? Look
at the aftermath.
I know it sounds like conspiracy, but look up corporate law and bankruptcy law and it will make sense.
GM and Chrysler will not be allowed to fail. The circus show will ultimately end with either a bailout (and another) or the companies will be merged,
with a bailout and no one will be the wiser.
Take a look at this YT video series. I've yet to see anyone connect the dots as well as this person has.
Of course, you can discount everything but the evidence suggests otherwise.
Now back On Topic....
WHere do you think all the money for the black ops and "FEMA Camps" came from? How do you think Blackwater and others came into being? WHere did
the $1.3T Rumsfeld mentioned go? How about the $2T that the Fed has not disclosed inspite of the Bloomber law suit? The money's for the Fema Camps,
and other insider projects have to come from somewhere, and the American people can't know about it.
Just my opinion.