bankruptcy government of canada

"Modified" socialism on the horizon?

So now the "Old GM" is gone and "New GM" is back after 40 days .. no debt ..? The government owns 61 percent of them, and 17.5 percent is held by the United Auto Workers union, is up 11.7 percent from Canada, and 9.8 Percent of the old company owned by bondholders. http://www.dailyfinance.com/2009/07/10/the-end-of-gms-accelerated-bankruptcy-was-it-long-enough/ Heh, yeah I'm just the quotations around for people who cry that we are heading for modified socialism could change.

I guess you could call it that, although 90.2% The company will be held by the Socialists.

ECONOMIC CRISIS UNTIL THE GOVERNMENT GOES BANKRUPT !!! SCHIFF

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