IS CHRYSLER A PONZI SCHEME?
Chrysler to Repay Government Loans
Chrysler To Repay Bailout With Bank Loans, Bonds
Interesting...Chrysler is borrowing money to pay off borrowed money.....Madoff took investors money to pay off investors.......
If citizens could borrow money to payoff credit cards and mortgages....there would NEVER be defaults. If students could borrow money to pay off Student Loans...they would never feel stress.
The only reason fiat currency works is because you TRUST it it legitimate....it is the same with all PONZI SCHEMES...the people TRUSTED.....we call them Conmen because they obtained the people's confidence to perpetrate their crimes.
Ask yourself....do you TRUST Wall Street anymore? do you TRUST politicians? do you TRUST the federal reserve? watch INSIDE JOB.....and you may NEVER TRUST again.
Soon you may stop TRUSTING Buffett...Berkshire......Blankenfein.......Bernanke.......and then you will ask yourself....what do I do now? where do I go? Who is John Galt? Who is Alstry?
At that point, you will no longer be a sheep even though you will feel fleeced.