Bankruptcy

HERE ARE JUST 76 LAWLESS ACTS OBAMA HAS COMMITTED.

GOVERNING BY EXECUTIVE FIAT

1) Disregarded 1996 welfare reform law in granting broad work waivers for work requirements of Temporary Assistance for Needy Families (TANF).

2. Implemented portions of the DREAM Act, which Congress rejected, by executive action

3. Ended some terror asylum restrictions, by allowing asylum for people who provided only “insignificant” or “limited” material support of terrorists.

4. Allowed immigrants in the U.S. illegally, who are relatives of military troops and veterans, to stay in the country and get legal status.

Hard working middle class Americans to be left holding bag and dead relatives

Scarcely two weeks after its new CEO publicly apologized for her company’s delay in recalling millions of defective ignition switches, General Motors took steps Tuesday to shield itself from liability for deaths and injuries stemming from that delay.

GM has recalled 4.8 million cars--just in 2014!

The New York Times has reported that GM "has acknowledged that it knew about the defective ignition switches for more than a decade but did not recall the vehicles." On Friday, the 13th death related to these faulty switches was reported.

In the first three months of this year, GM has already recalled 4.8 million cars. What a pathetic situation the one-time largest corporation in the world is in.

Great column from Detroit News

http://blogs.detroitnews.com/politics/2014/02/23/memo-big-three-dont-fea...

Here's a couple of highlights for you slow readers-
-The demands of the UAW helped to lead General Motors and Chrysler to bankruptcy, and helped bring the entire domestic industry to the brink of collapse a mere five years ago.

-the UAW now boasts a fraction of its one-time membership high of 1.5 million, and last year it had to sell millions in assets just to balance its books.

GM To Bond Holders And Taxpayers- Go Screw Yourselves

http://www.freep.com/article/20131216/BUSINESS01/312160081/ Asked whether GM should pay the difference between the amount the government provided the company and the return from the sale of the shares, Akerson said the die was cast by Treasury when it decided to take shares. If GM were to make up for any shortfall, it might face lawsuits from other shareholders. Those investors expect GM will resume paying a dividend soon, something that it hasn’t done since exiting bankruptcy in July 2009.

Worse Than Even My Retirement Plans (which suck)

DETROIT — A judge says General Motors has no legal obligation to make a $450 million payment for medical benefits for certain blue-collar retirees.

The payment was part of a 2007 agreement between GM and the United Auto Workers before the old GM filed for bankruptcy. But the provision was missing from a 2009 deal signed by the new GM that emerged from bankruptcy.

The deal was related to medical benefits for retirees who worked for GM or Delphi, a former affiliate.

WILL OCTOBER 30 BE THE DAY FIAT ANNOUNCES ITS MOVING CHRYSLER PRODUCTION TO ITALY?

As early as tomorrow, Fiat CEO Sergio Marchionne may announce that the manufacturing of all Chrysler models, including Jeeps, will be moved to Italy--then exported for sale to the U.S.

This differs from the recent talk of Fiat producing Jeeps in China for sale in that country. This would be moving production of Chryslers from the U.S. to Italy for distribution around the world.

So much for Obama touting saving the auto industry. His willingness to sell Chrysler to an Italian company appears to be resulting in the termination of tens of thousands of manufacturing jobs in the U.S.--including a significant number in Toledo. How do you suppose the UAW feels about this? As we speak, the union bosses who live high on the hog are probably coming up with some spin to feed their members to keep them at bay at least until after the election. Are the members naive enough to buy this?

How I Managed to Expose Alleged Embezzlement by Department of Justice's Third--In- Command Tony West, Ambassador Jeffrey Bleich, HUD's Ophelia Basgal to Unlawfully Benefit "Obama for America"

The following is a narrative describing the suspicious circumstances relating to non-profit entity CaliforniaALL (FEIN Number 51-0656213), Ambassador Jeffrey Bleich, United States Department of Justice's Tony West, Department of Housing and Urban Development's Ophelia Basgal, California Attorney General Kamala Harris, James Brosnahan of Morrison & Foerster, and Chris Young of Keker & Van Nest.

The narrative is divided to 4 parts: 1. General Introduction; 2. Introduction of Actors; 3. Fortuitous Discovery of CaliforniaALL; and 4. Factual Background Regarding CaliforniaALL.

Mitt Romney's Bain Capital and GST Steel

GST Steel: Bankruptcy and bailouts

Government Motors Laying Off Workers

Interesting story from The Detroit News

GM trims salaried workers

White-collar ranks thinned slowly in global streamlining

Bryce G. Hoffman/ The Detroit News

General Motors Co. has quietly begun laying off white-collar workers as it works to consolidate its global operations.

The numbers are small — a dozen here, a dozen there — but more are coming before the end of the year.

Perry Used Jet of Donor Who Faces SEC Probe

Another story about scheming Republicans and their "for sale" politicians.
WSJ
Sept 3, 2011
Perry Used Jet of Donor Who Faces SEC Probe
http://online.wsj.com/article/SB1000142405311190389590457654685416490101...
Quote from article:

Okay, I Warned You......This Time I'm Serious

On Monday I will be driving a Fiat!!!! A Fiat I tell you. Paul Wohlfarth will certainly explode now. I am driving a Fiat 500 for two weeks! An obese Diet Pepsi drinking right wing blowhard who spouts nothing but negativity for three hours a day will be driving the new Fiat 500 .......what a country.
Here's a little "cut and Paul" about Fiat.
On April 30, 2009, Fiat announced the alliance with Chrysler,[25] at first Fiat will get 20% stake and it can become 51% owner of Chrysler once the government loans are repaid

Back Away From Paul Wohlfarth-Possible Head Explosion Imminent

A "cut and paste" exclusive from the Detroit Free Press.
The UAW is open to agreeing to use a wage structure with a high percentage of lower-paid second-tier workers at more General Motors plants if it means reopening them, Vice President Joe Ashton said today.
"We will look at anything when it comes to negotiations that will retain jobs," Ashton told reporters at GM's plant in Orion Township, which is preparing to build the Chevrolet Sonic subcompact and Buick Verano compact this year.

Fat Cats Sue The U.S. Don't Care About Poor Union Workers

Completely out of context with the title here's a llittle cut and paste from the Detroit Free Press ala Paul Wohlfarth

A group of 64 terminated Chrysler dealers sued the federal government today, seeking at least $130 million for what they claim is the unconstitutional taking of their property and businesses without compensation.

The “takings clause” of the U.S. Constitution’s Fifth Amendment prohibits the government from taking private property for public use “without just compensation,” the lawsuit notes.

GM to invest extra $540 million in Mexico to build motors

MEXICO CITY (AFP) – US giant General Motors will invest $540 million to produce two low-emission motors in central Mexico, the company announced here Thursday, accompanied by President Felipe Calderon.

The latest project for GM in Mexico would create 500 direct and another 500 indirect jobs in its plant in Toluca, Calderon said.

GM has four plants in Mexico, and has invested some $5 billion here since 2006, Calderon said.

Michigan Town Is Left Pleading for Bankruptcy

The New York Times
December 27, 2010
Michigan Town Is Left Pleading for Bankruptcy By MONICA DAVEY
HAMTRAMCK, Mich. — Leaders of this city met for more than seven hours on a Saturday not long ago, searching for something to cut from a budget that has already been cut, over and over.

CHANGE WE CAN BELIEVE IN?

Wolfman attends Kaptur Iott Debate

Monday Sept. 27 2010
Wolfman embraced by WSPD staff. Left to right Katie, Wolfman, and Debbie of WSPD 1370 AM Toledo.

HAHAHAHAHAHAHAHAAHHA Buy Made In America

I don't know why they would get suspended for this. Obama visited this plant just a few months ago and they probably heard about his beer summit and smoking of marijuana in college.

From the Chicao Tribune ---Chrysler said it has suspended some plant workers caught by a Detroit television station drinking alcohol and smoking what appeared to be marijuana during breaks.

Stand back, Wolfman is about to blow

GM announced today that they earned $1.3 billion in the second quarter, mostly in North America, which more than offset a $200-million loss in Europe and smaller profits from the rest of the world. Sounds like good news right?
GM announced today that CEO Ed Whitacre will step down, and Dan Akerson will take his place. Sounds like good news right?
Dan Akerson since 2003 has been with The Carlyle Group. Uh-oh, somebody hang on to Wolfie.

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