Jon Stewart Sums Up the GM Situation

by Dual Income No Kids on June 4, 2009 · 0 comments

Hello People,

Okay, here is a clip from the ever humorous Jon Stewart. He sums up the situation with GM in about 7 minutes. For what my views are worth, I wouldn’t touch GM investments, whether stock, bonds, or any of their affiliated business in until GM has come fully out of bankruptcy, the federal government has fully divested themselves of ownership and the company has turned a real profit for at least 8 consecutive quarters. Your money is simply too valuable to be placed at risk around a failed company like General Motors. There are better ways to build your wealth than investing in a company that wouldn’t exist without government support.

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