BMW had to pay the SEC 18 million to be able to say that it neither confirms nor denies that it inflated its US sales over the last 5 years despite getting 18 billion out of the US for bonds and it had to agree to not inflate its numbers in the US in coming years. But if it did it in the US what kept it from doing that globally and should it be given the benefit of the doubt? Seems not.
Why should we believe GM isn't doing the same thing right now? Why would we trust GM. GM spent 25 billion in recent years on the equivalent of media hush money (ads)- as much as it did on stock buy backs while also doing lay offs. Do you trust industry sponsored research? Less than worthless right? Why trust industry bribed and captured 'sponsored' media? Sponsored media prints what GM tells it to print- that is what it is paid to do- its useless ads are cover- as Tesla proves not more effective than spam. Don't believe it? Look at the example of NBC. MSNBC, CNBC and just plain NBC are owned by Comcast which lobbied against net neutrality to make censorship and bribery pay and lobbied against our free speech rights- an utter garbage company because without free speech you lose all your rights and become property. Subscription plus sponsorship (nothing dumber) is Comcast (cable) as hidden hard right parent of the fake left (strategic lies and ommissions) NBCs. It did the lobbying and maintains the fake left media fronts because control of media through sponsorship and nepotistic interlocking boards is not only how it systematically misinforms the public about the public interests for the benefit of oligarchs and plutocrats (with captured puppet 'journalists') its also how it hooks through screening and filtering its puppet legislators to capture law and corrupt law to get law as crime which oligarchys (because oligarchy is criminal) require. Laughable how online the NBC(s)want you to subscribe to support good cop bad cop 'independent' journalism. These forms of medis must become illegal as they once were!
You have to ask why GM as a floundering ICE maker with imaginary products and not invented here syndrome that was recently bankrupted and never paid off its public bailout gives a damn about trying to create another 'clean' myth. Remember clean coal? How about clean diesel? How about the damn all of the above dirty 'clean' power plan that was idiotically heavy on natural gas? Dumbest of is the canard of 'clean natural gas.' But that is all Nikola ever was. A marketing attempt with a long tail pipe scam (just like VW's diesel emissions delay software) to save natural gas. Instead of a shift in time as in delay spewing untill off the emissions test equipment this is instead a shift in space as in moving the pollution production to a Red state as if that makes a difference. Regardless it could never even limp along without creating massive hidden subsidies (ripping off the public) and requiring constant bailouts and trying to say it was too big to fail because it was already going. It was also about the myth of kicking the ponzi can on natural gas stock valuation by saying natural gas has a way of surviving when it doesn't. And trying to get us to blow past Paris.
But again why would GM waste its time and energy on Nikola? Because the fossil fuel oligarchs want it- just like they surely wanted 911-Iraq 2-Afganistan and libya... that is why and GM was never much more than part of the retail end of fossil fuels. They want wars for natural gas to make it look like the world need that junk form of extracted energy.
Seeking Alpha recently had an article implying Nikola couldn't be opposed because Rothschild oligarchs and Gates through a Microsoft board member were behind it. So that is who keeps putting money into its stock? So they put money into to protect their stupid investments in natural gas? Natural gas never made more sense than trying to sell light cigaretts to teens. Ever think about about how f-ing stupid it was that W. or Jeb or Hillary were ever under any circumstance allowed to run for or ever hold Federal office!? Because all in the family on natural gas? Hillaries whole career was spent trying to push natural gas.
So why is a dying ICE relic like GM interested in a totally impossible marketing delusion like Nikola? Because the dumb inbred old money through interlocking boards and backwards high society has control of its zombie carcass.
Its not acting on behalf of its share holders (only unfortunate passive share holders count here- but passive share holding shouldn't even be allowed because its like indiscrimnate shooting) and its not acting for the public or its customers. No, its acting on behalf of oligarchs like the: Cheneys- Bushes-Quandts -Rothchilds -Porches -Gates -Buffets-Kochs -Clintons - Rockefellers...
But not even professional hired hands can insulate these rent seekers and modern robber barons from first principles physics and the resultant economics.
Why should we believe GM isn't doing the same thing right now? Why would we trust GM. GM spent 25 billion in recent years on the equivalent of media hush money (ads)- as much as it did on stock buy backs while also doing lay offs. Do you trust industry sponsored research? Less than worthless right? Why trust industry bribed and captured 'sponsored' media? Sponsored media prints what GM tells it to print- that is what it is paid to do- its useless ads are cover- as Tesla proves not more effective than spam. Don't believe it? Look at the example of NBC. MSNBC, CNBC and just plain NBC are owned by Comcast which lobbied against net neutrality to make censorship and bribery pay and lobbied against our free speech rights- an utter garbage company because without free speech you lose all your rights and become property. Subscription plus sponsorship (nothing dumber) is Comcast (cable) as hidden hard right parent of the fake left (strategic lies and ommissions) NBCs. It did the lobbying and maintains the fake left media fronts because control of media through sponsorship and nepotistic interlocking boards is not only how it systematically misinforms the public about the public interests for the benefit of oligarchs and plutocrats (with captured puppet 'journalists') its also how it hooks through screening and filtering its puppet legislators to capture law and corrupt law to get law as crime which oligarchys (because oligarchy is criminal) require. Laughable how online the NBC(s)want you to subscribe to support good cop bad cop 'independent' journalism. These forms of medis must become illegal as they once were!
You have to ask why GM as a floundering ICE maker with imaginary products and not invented here syndrome that was recently bankrupted and never paid off its public bailout gives a damn about trying to create another 'clean' myth. Remember clean coal? How about clean diesel? How about the damn all of the above dirty 'clean' power plan that was idiotically heavy on natural gas? Dumbest of is the canard of 'clean natural gas.' But that is all Nikola ever was. A marketing attempt with a long tail pipe scam (just like VW's diesel emissions delay software) to save natural gas. Instead of a shift in time as in delay spewing untill off the emissions test equipment this is instead a shift in space as in moving the pollution production to a Red state as if that makes a difference. Regardless it could never even limp along without creating massive hidden subsidies (ripping off the public) and requiring constant bailouts and trying to say it was too big to fail because it was already going. It was also about the myth of kicking the ponzi can on natural gas stock valuation by saying natural gas has a way of surviving when it doesn't. And trying to get us to blow past Paris.
But again why would GM waste its time and energy on Nikola? Because the fossil fuel oligarchs want it- just like they surely wanted 911-Iraq 2-Afganistan and libya... that is why and GM was never much more than part of the retail end of fossil fuels. They want wars for natural gas to make it look like the world need that junk form of extracted energy.
Seeking Alpha recently had an article implying Nikola couldn't be opposed because Rothschild oligarchs and Gates through a Microsoft board member were behind it. So that is who keeps putting money into its stock? So they put money into to protect their stupid investments in natural gas? Natural gas never made more sense than trying to sell light cigaretts to teens. Ever think about about how f-ing stupid it was that W. or Jeb or Hillary were ever under any circumstance allowed to run for or ever hold Federal office!? Because all in the family on natural gas? Hillaries whole career was spent trying to push natural gas.
So why is a dying ICE relic like GM interested in a totally impossible marketing delusion like Nikola? Because the dumb inbred old money through interlocking boards and backwards high society has control of its zombie carcass.
Its not acting on behalf of its share holders (only unfortunate passive share holders count here- but passive share holding shouldn't even be allowed because its like indiscrimnate shooting) and its not acting for the public or its customers. No, its acting on behalf of oligarchs like the: Cheneys- Bushes-Quandts -Rothchilds -Porches -Gates -Buffets-Kochs -Clintons - Rockefellers...
But not even professional hired hands can insulate these rent seekers and modern robber barons from first principles physics and the resultant economics.