Saturday, April 04, 2009

Banking Debts

Well, not really a post, but here's an article comparing GM's and Banks' debt holders.

Based on the article, which I must first say I would only agree with mostly on what is going on currently, the government and the banks are definitely immoral. While I don't sympathize much with GM, but this discrepancy between an actual productive industry and an imaginary productive industry is pathetic. It is a scam, and the world is paying the rich few for their lifestyle with their own lives...Its only a matter of time before The Great DePonziScheme goes down in flames. I will coin it "The Great Ponzission".

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