The DC-535 lost $1.3 billion in GM deal with Fiat.
"What the hell? It's only $1.3 billion"
"The U.S. government has sold its shares in Chrysler to Italian automaker Fiat SpA, ... "
There's a very glaring error in this article's first sentence and it's allowed because people will not snap out of their idiot-trance: The US government has sold ITS shares ... "the US government"?! "ITS shares"?!
The DC-535 is not the "government"; it consists of 535 representatives to the real government; it is not autonomous; these reps answer to government - not just to a few elites and lobbies - foregin and domestic.
Those are our shares, bought, paid for with our tax money!
Did anyone get the memo from the DC-535 informing you of any aspect of this deal; purchase or sale, made with my tax dollars - other than a illegal, ilegitimate demand we must rescue the TBTF or else as Hank the skank Paulson threatened: there will be martial law ... !
"Business as usual" is going to come to an end and soon. We can do a soft crash landing or a very destructive crash landing, but a crash landing is now unavoidable is coming.
Which will it be people?