August 4th, 2010 // comments (0)
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December 3rd, 2008 // comments (0)
Big 3 Viability Proposals Released
WASHINGTON — The nation’s gasping auto industry made its survival plea to Congress in writing Tuesday, requesting a staggering $34 billion bailout package and promising draconian cuts that would forever reshape one of America’s most important and vulnerable industries.
General Motors Corp. submitted a plea to Congress for $18 billion in loans and provided chilling new evidence that it will run short of cash to operate if it doesn’t get $4 billion this month and another $4 billion in January.
Ford Motor Co. asked for a $9 billion backup line of credit, and Chrysler sought $7 billion in aid.
As if on cue, the industry on Tuesday produced sales results for November that implied a collapse in consumer demand amid evaporating jobs and a freeze in consumer lending: New car and truck sales plunged 37 percent.
[Ford Proposal] – [GM Proposal] – [Chrysler Proposal]
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The globalists like Rockefeller, Rothschild, and Brzezinski do NOT have society’s best interests at heart. We’ve all heard the theory of comparative advantage, but with free movement of capital in the world, all manufacturing is driven to the country with the lowest absolute production cost, i.e. the one with the biggest slave labor force, namely China. The controllers of that society end up owning, and therefore enslaving, the rest of the world at which time manufacturing may diversify geographically again due to other factors. By that time we’ll all be slaves.
Protectionism in some form will be necessary to resurrect the U.S. economy, unless we merge into the NAU and subsist as a resource and tourism based economy. The NWO is rapidly moving to eliminate the world’s food supply via Monsanto’s Terminator seeds, as part of their population reduction initiative, so resurrecting the U.S. economy is exactly the opposite of the plan, which included the current fiscal crisis. They’ll keep about two billion of their most loyal slaves alive, at most.
Don’t take the chip.