The Murder of General Motors

Economic analyst and New York Times bestselling author
Martin Weiss predicted the GM bankruptcy. Now he explains
what this means for individual investors and our nation.
Please see his report below.

For years, it has been said, "As General Motors goes, so
goes America." Well, General Motors as we knew it is
gone and the ramifications for America are astounding.
See below. --Martin

On Monday, the unthinkable happened: General Motors -- one
of America's oldest, largest and most respected companies --
went bankrupt.

This morning, this venerable, 100-year-old company that
survived two world wars ... the Great Depression ...
the Korean and Vietnam wars ... the oil shock, recession
and runaway inflation of the 1970s ... and scores of
other shocks over ten long decades ...

This great icon of American innovation and success ...
won court approval to begin liquidating its assets as
soon as possible.

These are dark days indeed. But the implosion of GM is more
than just the guarantee of surging unemployment rates as
far as the eye can see. And it’s much more than just the
failure of one of our most powerful engines of economic
growth.

+ + What killed General Motors...

For nearly a century, GM has served as a metaphor for the
overall U.S. economy -- the harbinger of things to come
for the stock market, for investors and for every American
family.

For nearly five generations, most economists accepted the
mantra, "As General Motors goes, so goes America." And those
words were never truer than they are today.

The simple truth is, debt killed GM. The company could have
easily weathered this economic storm had it not buried itself
beneath a $173 billion mountain of debt.

+ + Is America Next?

In its failed attempts to save GM, AIG, Fannie and Freddie,
the entire banking sector and many other companies, Washington
is now creating its own Mt. Everest of debt.

But Washington’s debt bubble makes GM's pale by comparison --
and it is inflating the size of that bubble at the staggering
rate of $3.8 billion per day.

As we’ve seen in recent weeks, Washington’s record-shattering
spending binge is already crippling the economy. Treasury
prices are cratering. Rising interest rates -- the kiss of
death in a weakening economy -- are already increasing
borrowing costs for companies and consumers.

+ + I simply will not take it anymore!

And as a financial expert (NOT a politician!) it is crystal
clear to me that the U.S. government’s horribly flawed plan
to massively spend us out of this recession has only
accelerated our slide to economic Armageddon.

I've had it with Washington's plan to spend or commit
$14 TRILLION of our money at failed bankers, brokers,
insurers and automakers.

I'm fed up with Washington spendthrifts who are exploding
the national debt and burdening our children for decades
to come...

I'm fighting mad over insane corporate bailouts that can
only guarantee this crisis will cut far deeper and last
far longer than necessary...

And the worst is yet to come... if Washington does not get its act
together and stop the insanity of bailouts and spending it will
ruin our economy, destroy the dollar, decimate the stock market
and leave millions of Americans holding the bag!

++ There is a solution... if Washington would only listen!

Only days ago, I traveled to Capitol Hill where I delivered
more than 60,000 petitions from citizen-investors just like
you who are fed up with Washington's spending madness.

I met with key leaders in Congress. At gatherings attended by
Treasury Secretary Timothy Geithner and other key players,
I conveyed the same message.

But this was just the beginning!

I want to expand this grassroots effort and mobilize hundreds
of thousands of citizens who are angrily telling Washington,
"Thanks for NOTHING, I'd rather bail myself out!"

Will you stand with me as I take this powerful message
from hard-working, tax-paying citizens like you who are
saying "NO!" to government intervention and the disastrous
path that we are traveling? Click here to take action:

Click here to take action:

Quite frankly, the last and only hope for America is a massive
uprising by the citizen-investors like you who are simply fed
up with Washington's bankrupt spending ways.

The government is now consuming entire industries by feverishly
printing dollars -- creating money out of thin air. This simply
must stop!

+ + The key post-GM question...

So the question of the day - the single most important
question any investor can answer now - is simply this:

Will America survive?

I believe America can and will survive... if we stop the
spending madness... and if citizen-investors like you rise up
to stop this madness!

Please go here to join me in this historic campaign:


Good luck and God bless!