Monday, June 1, 2009

Now, its official!! Welcome to "Government Motor"

6/1/09

As everyone expected, General Motor is now officially become "Government Motor". Our government love to own every piece of our living. Indeed, after mortgage gaints, FRE & FNM, insurance leader, AIG, banks like C and BAC, now the GM. What else do we expect our government go to bail out more? We are keep printing more and more $$ to save those garbage companies that should be liquidated. However, it does create very damn good excuse for polictians and companies directors to draw our taxpayers money into their huge piggy bank. Do you expect auto sales will rebounce coming months and years?! Even Toyota has trouble to foresee future. How could GM can reply over$50 billion money back to us?! If so, in 5 years. I do not believe this shit. WTF, another gaint black hole to waste our $$$. I am very pissed off by this non-sense but I cannot do anything rather express my feeling here. Good luck to America and good luck to us. I do not see bright future anymore as our government drawing the deficit higher and higher to no end land. Another Trillion here and there.

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