News Flash!!!!
China today, announced that due to the huge debt owed to them by the United States and the shoddy way it is being run, that they will be taking over management, firing the CEO and cutting the pay of the executives.
Since they consider the United States as “Too big to fail”, they feel this step is necessary.
In related news, the Chinese people took to the streets to protest the bailout of the US.
Tear gas and riot police were on hand to quell the crowd. Chinese officials, talking anonymously were quoted as saying they expected to be repaid in full with interest. The same official said there were no plans at this time to trade generals as had been rumored. (General Lee and General Kyang for General Electric and General Motors)
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