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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Tue, 22 Mar 2005 21:33:31 GMT /

Author of the message: user@127.0.0.1

Title of the message:
General Motors to Bankrupt the USA

Text of the message:
On March 15th, 2005, (the ides of March) we may have just witnessed
the beginning of the death of our financial system as General Motors
stock took a nosedive from $34/share down to $30.
http://finance.yahoo.com/q/bc?s=GM&t=5d&l=on&z=m&q=l&c=
It does not seem like much (GM down just over 10% in one day), but as
of March 17th, the stock is down to $28.35, and the market cap is down
to $16 billion. (GM is down nearly 18% for the week.) It's the type of
volatility that we usually only see in silver stocks!
What does this mean?
GM's stock price decline is like a dagger right into the heart of the
U.S. financial system, and the dollar itself!
Why did it happen?
Apparently, someone in power did the equivalent of shouting "the
emperor has no clothes" and people woke up, and are beginning to see
more clearly! The media decided it was time to expose the truth that
GM is nearly insolvent, and will expect to lose $1.50/share in the



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