Looks like the Chinese liked the Volvo Ford financials better than the
Opal or Saab GM financials a the Volvo deal looks closed! Unions I hear
are in a snit as the next Volvo might be made in China without the
unions and Saab is now questionable.
Chinese want out of depreciating USDs as dim-wit congress and Obama are
too in love with corruption-debt spending. Weakens the currency and
causes inflation/currency devaluation in the US. And certainly doesn't
solve much. Almost a year of Obama, lots of talk and deaper down the
debt-corruption hole we go.
Looks like GM must be running out of cash (again).
We taxpayers should be up in arms over politicians saddling us with debt
spend. Might I suggest that unless your congressmen actively was dead
agains bailout spending you vote for someone else this time. Remember,
2010 some senators and congress people will say they didn't support it
when in fact by their fudicial negligence and passive BS, supported the
GM/Chrylser/Bank bailouts. Did your senator or congress person say out
loud and in public, "Obama is misappropriating TARP for GM & Chrysler?"
or "The national tax system isn't for private corporations including
GM consumed about $60,000 of debt-spend placed on American and Canadian
taxpayers for every vehicle they made in Canada and the US in 2009. Yet
the policians try to sell us on this corruption are in fact corrupt for
letting it happen.
Make a difference in 2010... get a different representative, one that
has some honor, vision for working Americans and itegrity. 2010 is the
year voters can start to make a difference if enough wake up.