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 Economic & Business News, Reports, and Predictions
 CIT files for Chapter 11 bankruptcy protection
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aloneibreak
Penny Hoarding Member


USA
672 Posts

Posted - 11/01/2009 :  17:02:36  Show Profile Send aloneibreak a Private Message
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knew it was coming. surprised they made it this long.



My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson

HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 11/01/2009 :  17:13:16  Show Profile Send HoardCopperByTheTon a Private Message
But I thought they were "Too Big to Fail."

The DeathStar was "Too Big to Fail."

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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Bluegill
1000+ Penny Miser Member



USA
1964 Posts

Posted - 11/01/2009 :  17:22:51  Show Profile Send Bluegill a Private Message
This was so predictable. You can't tell me this wasn't planned this way right from the start. Everybody knew they could never pay the government money back, but we gave it to them anyway. Now as planned, they go chapter 11. It was outright deliberate theft. I'm too numb from this graft and corruption and the sheeple who fall for this every time to even get mad or care anymore.

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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 11/01/2009 :  18:03:23  Show Profile Send HoardCopperByTheTon a Private Message
Probably nobody on this forum is surprised. But there is probably somebody somewhere that fell for it.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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jonflyfish
Penny Hoarding Member



USA
693 Posts

Posted - 11/01/2009 :  20:55:54  Show Profile  Send jonflyfish a Yahoo! Message Send jonflyfish a Private Message
Yeh, long winded life support for a failed heartbeat.

The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities.
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