Senior Citizens Stand to Lose in General Motors Negotiations By Obama Administration. Are you a GM bondholder?BLERVE?Five years ago, Marjorie Holden paid about $40,000 for some General Motors Corp. bonds, which generate tidy interest ranging from 7.4% to 8.4%. Now the bonds are worth just under $10,000.[ GOPUSMEDIA comes out hard against... uh, stuff ]
The 81-year-old New York widow is watching the negotiations among big, powerful bondholders, the government and the auto unions, which could end up in a settlement leaving her worse off.
You see, the problem here is that the Evil Obamanites, once their Red Kommunist Destruction of The Communist Party inside the Labor Unions Has Crushed The Freedom of Free People in the Auto Industry, it follows that they are going to take away a lot of things...
Like Pensions.
BUT THE MOST IMPORTANT THING IS THAT THEY ARE COMING FOR THE WHITE WOMEN!!!
And the bond holders!!!
What were folks doing RISKING their retirement fund in RISKY investments in corporate junk bonds????
Now MORE THAN EVER, we Must TeaBag Those Evil Ones, and their Communist Minnions, because if we do not save the Corporate Bond Holders from the Communist, then uh, the Chapter-11 laws will kick in...
And we can not allow COMMUNIST BACKED BANKRUPTCY LAWS!!!!