The Home Of The Bruce Collins Show

Monday, February 09, 2009

News of Interest for February 9th...

IMF running out of cash? (what a joke!)
U.S. taxpayers risk $9.7 trillion on bailouts as Senate votes
Nissan to cut 20,000 jobs
GM, Chrysler may face bankruptcy to protect U.S. debt
Marc Faber: U.S. will default on debt or enter hyperinflation (Exactly!)

It's hard to feel sorry for GM when two months ago it was reported that they already had plans for the bailout money- to fund their Brazilian plant. So, no jobs for American workers but beef up foreign plants with US taxpayer money- BRILLIANT!

American tax payers to bail out GM's Brazil Operations.
Latin American Herald Tribune - General Motors to Invest $1 ...

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