Much this past week has been in the U.S. press with respect to the GM "joint venture."  (The only other story being that of the crime at the Holocaust Museum, by the 89 year old American World War II enlistee, then also reported to be a former "Nazi Officer" according to the fiction writers in the U.S. press nowadays, rather than an apparently senile man who, at 89, somehow still had the mental capability and ability to operate his own website, since arthritis must not be plaguing him as much as my elderly post 80 parents, since my 87 year old Dad has a hard time doing so much as a search since he is and was not of the computer generation).

U.S.A., Inc. purchased, of course, a hefty share of General Motors, courtesy of the American taxpayers and shareholders, whereupon Mr. Obama then essentially fired a great many American citizens in Detroit, and sold out the smaller individual American bond holders to the UAW's larger interest. 

Now it appears the company is going to "formally" file bankruptcy and go through the bankruptcy process. 

Of course this bewilders me, since it does seem that perhaps this would have been the first step, so that all the details would be then available to the public as a "public" corporation, but it seems it is only the public's activities that seem to be under scrutiny as of late.

I wonder why the American people might be dissatisfied and distrust their government increasingly more and more each year?  Hmmmm....

Below is a response I made to a claimed citizen journalist poster (since those sites now have also been infiltrated by many on stimulus grant monies as "educational" sites it appears, along with the 100 million that was given to the U.S. Chamber of Commerce, now also somehow worthy as also an "educational", rather than "corporate commercial" U.S. corporation, who contributed their "take" on the situation and simply believed that selling off the gas guzzlers in GM, Ford and Chrysler's lines will be the "cure" to what ails GM. 

I doubt, as with the banks, anything at all truly ails GM, who has low wage plants in China and Mexico now since they've moved essentially offshore also, it is just another tool to use to facilitate global government, amass maximum profit due to those countries socialized and communist governments, and continue to merge our economy with that of the "global community," no matter what the sacrifices and costs to the American people. 

Apparently, their homes and jobs are not enough, and we are bringing out the flag more and more and using the American people's love for their country now even as a weapon against them.

I hope any and all Americans left in the border states have been forewarned due to that sale. 

Because as one who watched that situation explode since the Reagan years, and if all goes as it appears planned, come September with another push for the amnesty while still promoting open borders with Mexico, it will be sure to raise the ire of a good many of those living in the border states. 

More than even those who have been their victims.

The response:

No, the Hummers will simply be bought and driven by the drug cartels members after they start being manufactured at the GM plant in Mexico. And eventually then, Arizona, Mexico and California will "officially" become propety again of Mexico through the drug cartel ownerships and profits, and corporate control of the faces sitting on the various state legislations, whose members are and have been indirectly on the receiving end of the drug cartel and open borders gravy train in one way or another.

Of course, it is all the Americans fault due to the "insatiable need" for drugs by the "people" in THIS country which Ms. Clinton trashed and spoke about to the Mexican governent (when a good 2/3's those with addiction problems started while minors due to their target market). 

It couldn't be in order to legalize hard and addictive drugs in order to go in partnership with the Mexican and Chinese governments so that the pharmaceutical industry can cash in on this untapped resource, would it? 

I wonder in such event how many new cases of AIDS there would be, or how much the street crimes would then increase in order for those mostly kids to maintain their habits? 

Of course, at least that would also stimulate the security and "privatized" jail industry booming now in this country, which is one way to get the kids off the streets.  Make a profit off simply the addicted users for their incarcerations to make those high lease payments and private costs, and the legal industry in the pool of clients with all those drug profits to fleece, since the illegal sales to minors then would not cease. 

Those kid consumers are an untapped source of revenue, and simply waste those allowances (from those parents still flush now enough to give it) on CDs and video games. 

This way that hash and smack will then primarily come in tamper-proof packaging, except for those in the inner city who will have to settle for the lesser quality, but lethal, street variety.

If you can't beat 'em, why not join 'em? 

We can't win in a "no win" Middle East war, and with open borders, the "War on Drugs" has simply been a farce.  So lets just cash in the chips on bin Laden AND the Mexican drug cartels since apparently neither war is winnable.  We've been in Iraq now for eight years and counting, and with open borders since the Mexican-American war. 

But our "common defense" high tech security and gadget industry utilized priimarily against the American people since America has dissolved into simply a tourist trap for foreigners is truly booming.  California's pleading poverty, while Silicon Valley must be bursting at the seams at this point.  Another propaganda spin. 

The mid to upper level corporate hotel chains catering to tourists and foreigners haven't been heard from as of yet in the major metropolitan cities seeking their welfare.   Those California resorts too are flush, as the AIG sabbatical proved.

Of course, as one who has experience with this situation up close and personally, this situation continues to be due to the federal and state governments which have done absolutely nothing about our border problem since the 60's except use it as a political weapon and for political advantage by both mainstream parties, and the drugs simply have gotten much more addictive and lethal that continue to be sold in front of the local high schools and middle schools in the border states by the year.

And the Chinese GM plant and one in Mexico are those which will be retained as their most profitable and most likely will be kept as simply a joint venture now among U.S.A., Inc., the GM major shareholders (UAW "corporate" and other union pensions primarily), and the UAW Corporation itself, so in essence Obama and our Congress simply used GM in order to entrench our government (as part owner now) more and more with the Chinese and Mexican governments, who most likey will be replacing those American union members which were fired.  A "buy-out" in essence skirting around SEC disclosure laws and regulations, as it were.   Like the bank "bailouts."

And whose largest imports are not those sold on the stock exchange.

Our government is run now by the bankers and global government "state actor" corporations and "associations" of huge national and multi-national industries, including the legal industry, that once hallowed "profession" who also have truly lost their way in some of the "new industries" due to the voluminous unconstitutional bills they have had a hand in writing for their own future incomes and their protected interests - the ones who funded their campaigns, and then and now are simply turning around and presenting their bill for their contributions during the 2008 election. 

What better way to globally merge auto production, and then skim the American shareholders of their investments and retirements in the process?

We need room for all the foreigner invaders who are going to hit our shores real soon from both those countries, in addition to the ones already here that we are pushing to legalize from all reports come September - despite the objections and outrage of the American people and victims living in the border states for these trade agreements, including apparently actual people now more valued for their commercial worth to the global community and these corporate industries at this point for their profit and gain.

And AIG is a London based insurer - so for the first time in history, the American people are now holding the debts for a global corporation, in order to also merge our country and its economy more and more with that of the world, rather than protect our own.

Unbelieveable at this point the utter unawareness of a great many of the American people of what this foreshadows.

Hey, Congress and the Obama Administration just handed out more than 100 million stimulus monies to the U.S. Chamber of Commerce (which lobbies against really the Americans public for more laws for their welfare on behalf of their foreign global interests and their outsourced employees in order to fatten their pocketbooks), of course while Americans in the border states continue to face loss of their lives and property for the Chamber's agenda and benefit. 

Now they have been deemed an "educational" institution, rather than a corporate "trade" organization.  We are not only redefining and burning the Constitution, but the English language now in this country in favor of what?  That definition isn't even Spanish.

Mr. Obama is simply the "used car salesman" that was picked to seal the deal, and bury our Constitution and sovereign America it appears forever, and since January clearly has been on a global road trip without stop continuing to sell the agenda to the American people wrapped, of all things, in Lincoln and the American flag.

Timothy Geithner, the magician and "jack of all trades, master of none," now acting as trustee for the American people on the bank bailouts, AIG foreign corporate bailout, and automakers bailouts (with California whining in the wings) recently met with Chinese officials and predicted that the global recession "seemed to be losing force." 

Of course, this has come at the cost of selling off shares of U.S. major businesses and industries to the global market, in order to "stabilize" the global economy, in effect further continuing to destroy our own.  

That's the downside of corporate globalization and Washington's "hands off" approaches and collusion in socializing the U.S. economy, rather than protecting American interests and effectively regulating corporate mergers, acquisitions and any "outsourced" offshore expansions.

Saving a British based insurer, AIG, and selling off parts of the automobile manufacturer which until not too recently was responsible for 3% of the United States GNP apparently is not too steep a price to pay for Mr. Geithner to continue to equalize the global scales, while those in Detroit are eating pork and beans, yet the AIG executives were entitled to stress breaks at one of California's four star resorts.

The Chinese, of course, got their bite of the apple in the reported sale of the GM Hummer Division to a Chinese concern.  Apparently so did the Canadians with protection of their union Teacher's Pension and Mexico, from all reports.

This, of course, is in addition to all that labor and the export imbalance due to the Chinese providing a great deal of the manufactured goods here in the United States for one of the major retail chains, Wal-Mart, whose wealth if it were one of the countries in the now "global community" would place it fifth in GNP.

He also apparently reassured the Chinese that the debt that has been amassed during this trade in assets is fundamentally secured due to the United State's "liquid" financial markets. 

It appears the liquid Mr. Geithner might be referring to would be that of mercury - "now you see it, now you don't."

So, although we may owe the Chinese government a great deal of debt on paper, exactly how DID they accumulate all that wealth to begin with?

I hope Mr. Geithner gets around to answering that question,  when he has time and a break from shuffling all these  country's assets around, before he eventually ends up selling off some of our prime real estate, such as  the Grand Canyon or Redwood National Forest.

By the way, did I mention according to the article, Mr. Geithner's father worked in China, and is a former employee of the Ford Foundation? 

 http://enews.earthlink.net/article/top?guid=20090531/4a235240_3421_1334520090601-1322814282

Due to the confusion and misconceptions surrounding the AIG bonuses and the excuses that are being made now in Congress and the Executive Office regarding contracts legally with respect to our Constitution, there is quite a bit of information that has been left out by both the mainstream media and politicians in the process.

As one who was an early victim of the mortgage and foreclosure crisis in this country after "owning" my Phoenix, Arizona home for over 12 years, at one point during my ordeal was also placed in such a situation.

Although the bankruptcy laws changed several years ago in the U.S. (due to actually the BANKS lobbying for tightening of the laws with respect to upaid debt), there was one portion of it that did not change with respect to restructures during bankruptcy, either personal or corporate.

In such matters, total net worth and assets are up for grabs, and the first to be satisfied in any such proceeding are the creditors with those confiscated assets, during which time a "payment schedule" is also part of the court action for any and all creditors who cannot be satisfied by accumulated assets.

With respect to contracts such as the bonuses received by the AIG executives, the court looks very closely at any and all contracts for their legality and validity, and also any such agreements entered into 18 months prior to the filing of the action which are then closely scrutinized.

This procedure is undertaken, so that those who are contemplating bankruptcy cannot transfer their assets to either other individuals or attempt to protect them through contractual relationships.

Maybe this also was why this "bankruptcy" of AIG and the other banking institutions was removed from the statutory and Constitutional provisions through bankruptcy court to begin with, and in order also to keep a low profile and details out of public view. 

After petition the federal courts n such matters, all bankruptcy records and court filings become then a matter of public record.  The press, I'm sure due to what has occurred thus far, would have an even greater field day with such mandated disclosures and most likely the public even more up in arms about what has transpired.

The fact that many of those executives who are receiving those public funds in the form of these excessive bonuses are the very same top level executives who it is claimed ran the company into ground quite clearly would bear close scrutiny as to just when those "contracts" were executed, and whether or not in their provisions they were "excessive."  Since few lower level executives get million dollar bonuses, it is clear that those bonuses are not going to middle management.

For a company on the verge of potential bankrupcy to the degree where not even a formal bankrupty action in the federal courts was entertained but instead resulted in a direct plea to our Congress as an "emergency", would appear that these  top level executives had plenty of forewarning.

Due to more and more information now becoming public through various press coverage around the globe, it is even questionable that there is or ever was a true bankruptcy at this point of it's U.S. division rather than as reported by the British press the financial troubles instead lying with it's London Mayfair "casino" office and home "corporate" base.

Which makes the fact that the U.S. Treasury and it's citizens are now left holding the bag and bailing out this entity in the first place not only suspect, but unconstitutional on it's face.  Whether the Federal Reserve is an private institution of international banks matters not a whit since this enormous "debt" is now being billed to the United States and it's citizens.

While the British economy also may have indirectly suffered, my basic question is this:  Is Great Britain also involved in helping to payoff off AIG's now 170 billion and counting debt, or just the U.S. citizens and Treasury? 

Or is that another "treaty" which Congress has put on the back burner while they are posing for the cameras with their excuses and "mea culpas," in order to shift blame and thus salvage their careers and continue to plot to minimize the collateral damage such as the "tax" solution passed by Congress this week?

How much interest is racking up daily now while they conduct  their interviews for Fox, CNN and MSNBC?

London Mayfair office UK articles:
http://www.guardian.co.uk/business/2009/mar/02/mayfair-office-brought-down-aig
http://www.telegraph.co.uk/finance/financetopics/recession/4981316/Mayfair-office-was-ground-zero-of-credit-crunch.html
http://www.thisislondon.co.uk/standard/article-23661603-details/The+man+who+broke+the+banks+from+his+Mayfair+office/article.do

In the continuing saga of the AIG executive bonuses which were extended Sunday by Timothy Geithner and the Department of the Treasury, another player has stepped up to the plate in addition to President Obama's rather weak excuse for an apology to the American people over this "sleight of hand".

Christopher Dodd, that erstwhile senator and former Presidential candidate, has now taken the blame for inserting a sentence into the bank bailout bill that was rushed through Congress last September that afforded the AIG executives to receive these million dollar bonuses.

It appears with Mr. Dodd's "mea culpa" another attempt for those on the Hill to now shift blame from the President and Mr. Geithner, and of course hope on the generosity of the American people to let bygones be bygones. Let's spread the blame around so that we can actually take the focus off what occurred initially that lead to this situation, and blame it on one Congressional member who inserted a sentence in the bill that make the entire bailout itself somehow seem legitimate.

There are two things wrong with this little deception. Many in America are not buying it.

To encapsulate actually what occurred and who is truly to blame, note below:

1. In September under "terrorist warnings" from Secretary Henry Paulson all members of Congress were held over in Washington from their campaign junkets in order to address this "emergency" bank bailout. Otherwise, the American people were informed, Wall Street would crash and their ATM cards would not work.

2. Prior to this catastrophe, two other large financial institutions, Goldman Sachs and Lehrman Brothers, also faced eminent demise. Congress refused to bailout Goldman or Lehman Brothers, although Warren Buffet stepped up to the plate and helped out Goldman Sachs. It just so happens that both Goldman Sachs and Lehman Brothers are part owners of our own Federal Reserve. How they could be then "bankrupt" is beyond the realm of feasibility for most Americans to comprehend.

3. For the first time in history not only were U.S. based corporate interests involved in this bailout, but a globally based insurer, AIG, was also begging on the steps of the doors of Congress. No matter also that many of these banks and AIG had been heavy contributors to the campaigns of a majority of those in Congress to whom they went begging.

4. The bill was drafted in haste in order to rescue America's economy, and consisted of enough pages to insure that any disinterested Congressional member had no time in order to digest the terms of the bailout. This does not excuse them in any manner, however. In such an instance it was their duty to abstain at the time from voting based on those grounds, and the clearly questionable Constitutional basis for this entire bailout to begin with at the eventual American taxpayer's expense.

5. The measure passed with just a mere two vote margin. Which historically indicates that there was some heavy back room dealing, and also still maybe some who did have enough integrity left (few, I know) to realize the entire bailout itself was a violation of our Constitution by the mere inclusion of a foreign corporate concern at it's outset. AIG's real financial problems, if any, were caused by their London Mayfair office, from all reports.

6. Included within the bailout were other unconstitutional provisions. Namely, a transfer by Congress of their Constitutional powers with respect to foreign agreements, whether public or private, to the Executive office. Such a transfer of power could not legally be accomplished without a Constitutional amendment in and of itself.

7. Rather than this being handled as a corporate restructuring under the provisions of the U.S. bankruptcy code, Mr. Geithner was strictly given unilateral oversight and authority. In other words, Mr. Geithner is now acting as "trustee" for the restructuring, and his "fiduciary duties" are not to the executives or AIG, but to the creditors - the American public and AIG's former stockholders. Thus, when Mr. Geithner and Mr. Obama claim they had no legal power to refuse, they not only had the legal power to do so, they had the legal obligation on behalf of the American people to do so.

And at this point, a good 2/3rds the members of Congress, Mr. Geithner and Mr. Obama should be wearing stripes about now, with all the legal and criminal Constitutional violations that have thus far transpired in this fiasco.