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To: Oldeconomybuyer

No, Barack promised them part of GM in order for them to stay with our debt. They wanted tangible backing. Obama took GM over in order to make sure that happened.


28 posted on 06/02/2009 9:47:32 AM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: Secret Agent Man
Barack promised them part of GM in order for them to stay with our debt.

Now that is an interesting thought.

30 posted on 06/02/2009 9:51:12 AM PDT by mnehring
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To: Secret Agent Man

Source? Or opinion?


34 posted on 06/02/2009 9:55:51 AM PDT by The Flying Dutchman (Searching for Landfall...)
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To: Secret Agent Man
Congratulations We Have a Winner. Your answer was:

Barack promised them part of GM in order for them to stay with our debt.

You are correct sir.

1. The FED keeps the debt and payments from it.

2. The Chinese get tangible assets for their debt.

3. The American people pay for it all.

Geitner and his minions created the deal.

Barak O'Bama read it off the teleprompter.

Nicely done Secret Agent Man.

38 posted on 06/02/2009 10:01:24 AM PDT by Alex Kida
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