The One wants all the power he can grab. AIG, GM, Chrysler, Citi today GE, .,.,.,.,.,., tomorrow FASCISM 1: a political philosophy, movement, or regime (as that of the Fascisti) that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition 2: a tendency toward or actual exercise of strong autocratic or dictatorial control <early instances of army fascism and brutality> Code: <img src="http://www.crossactionnews.com/photo/image/11816/medium/Obama_s_Youth_2.jpg?1245236206"> http://www.denverpost.com/opinion/ci_12373299
Yes, and the douchebags in USA are letting him get away with it by supporting this clown. Resignation or impeachment.
"Nationalize" !!!??? Don't be Silly. The U.S. does not "Nationalize" companies, they "Nationalize" a companies debt. The profits remain with the company. Just where do you think the money comes from to buy a set of alligator luggage for each board member at Christmas time, for god's sake. From the profits, naturally. The profits that remain once the debt is assumed by the taxpayers. Pure unfettered Capitalism. Ain't it beautiful!
Unlikely, but how you can reject anything with certainty today? After AIG, the BOA/Merrill deal, QE, the blatant stimulus giveaways, the unprecedented steps taken with the auto bankruptcies, etc., etc., it's clear nothing is outside the realm of possibility for these people.
Speaking of GE...... 1,215,747 call options bought at the 10 call strike for June today? Gotta be a misprint of some sort, otherwise some big boy is gonna have a life time supply of stripper cash while somebody else is going to try and learn to fly out their office window.
What is messed up is Obama is going to punish GE shareholders and wipe out equity on a company that is in business. Because of banks like countrywide,LEH etc.. Why would anyone invest in any company if the Federal Reserve and the president can just swoop in and punish them for the misdeeds of others. How is any of this going to help the economy?
And just who are THESE people that you are talking about??? Bush, Paulson, Bernanke, Geithner, Obama?
Again, you obviously have no idea what you are doing. You clearly do not have a very good understanding of how GE may be effected ( and its subsidiary GE Capital ) by new banking regulations. Do yourself a favor and stay away from the stock market.