The Messiah spoke, and Government Motors was born.
I guess there is a reason why messiah starts with the word mess. He really seems to have made a mess out of this one. Has anyone seen the market lately? Do you honestly think the market drop has all that to do with the GM CEO resigning? In my opinion it is rational investors that are fearing takeovers of more American businesses. Rational individuals that understand business know that the way this administration is running things the only light at the end of the tunnel is Bankruptcy. Why would any rational individual invest in something that will result in losing your entire investment and leave you broke?
On the flip side of things the more of their retirement investment people lose the more dependent on the government people close to retirement age are. This dependence on the government does little more than insure the American Citizens’ loss of freedom and liberty.