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Blog Archive

Friday, January 2

Bad Medicine from Bernard Madoff, GMAC



GMAC is like Bad Medicine.
The system's bad medicine again. Shake it up.
Bernie Madoff's bad medicine.
Just another chance for a bailout again.

(spoof, Bon Jovi, Bad Medicine)

This has really been a case of insanity, with the Federal Reserve and US Treasury agreeing to let GMAC become a new "bank." At the chairmanship of GMAC is Ezra Merkin, (former?) Pres. of the 5th ave Synagogue in NYC, and a key conduit of funds into the crooked ponzi scheme of confessed crook, Bernard Madoff, and his $50 billion ripoff. Shake it up.

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