Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /homepages/33/d246629337/htdocs/wp-includes/pomo/plural-forms.php on line 210

Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /homepages/33/d246629337/htdocs/wp-content/plugins/cforms/cforms.php on line 736

Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /homepages/33/d246629337/htdocs/wp-content/plugins/cforms/cforms.php on line 739

Warning: Use of undefined constant get_magic_quotes_gpc - assumed 'get_magic_quotes_gpc' (this will throw an Error in a future version of PHP) in /homepages/33/d246629337/htdocs/wp-content/plugins/cforms/lib_functions.php on line 342

Warning: Use of undefined constant WP_INCLUDES_URL - assumed 'WP_INCLUDES_URL' (this will throw an Error in a future version of PHP) in /homepages/33/d246629337/htdocs/wp-content/plugins/pinnion/pinnion.php on line 14
» GM IPO Not For Taxpayers:

GM IPO Not For Taxpayers

Posted by on November 21, 2010 at 5:36 am.

Even though GM still owes taxpayers 43 billion dollars and it’s financing arm still owes 14.6 billion, the chump taxpayers were not allowed to participate in the GM IPO: http://hillaryspot.nationalreview.com/corner/253551/gms-ipo-stephen-spruiell   Brokers that cater to small investors weren’t given any GM IPO stock to sell: http://www.thestreet.com/story/10920759/gm-ipo-leaves-small-investors-behind.html  Guess who got the big blocks of IPO stock? How about Goldman Sachs, JP Morgan Chase and Morgan Stanley? Yeah, some of the same bailed out banksters stepped to the front of the line ahead of the tax paying public. Even foreigners such as Deutsche Bank and Chinese carmaker SAIC Motors were allowed access to the IPO before you were: http://www.bloomberg.com/news/2010-11-18/gm-sells-500-million-stake-to-chinese-partner-saic-as-part-of-stock-offer.html Don’t you just love globalism? 365 million shares of GM IPO stock but not one share for the people paying the bill. This is fascism at it’s finest. It’s bad enough we have to watch GM use our bailout money to build plants in foreign countries: http://www.industryweek.com/articles/gm_to_build_new_vehicle__at_plant_in_mexico_22462.aspx  but we can’t even participate in the IPO.  You are being screwed into the ground by a ruling elite that doesn’t care about you or this country. The globalist elitist freight train continues to roll along unobstructed. I think it’s way past time to pull a few rails off the track. What do you think?

Leave a Reply