cit bankruptcy small business
Did you know that Obama didn’t choose to “bail out” CIT, a lender who financed Small Business Loans?
If you had any stock in CIT, (Commercial Investmant Trust), you LOST it all. CIT filed bankruptcy in Nov. 2009. Stock within that company became null and void … GONE! Stocks continued trading under the name, but new stocks were brought in as replacements. I find this all interesting because CIT really helped mainstreet America by keeping the revolving door of credit to all the mid-sized businesses in America … including popular national chains where we all shop all the time! WHY, I wonder, would Obama choose NOT to bail them out, when he bailed the likes of the fraudulent banks out? Could it be one more eye opener to the FACT that he is purposely trying to take down America? Wake up, folks, we have a storm brewing, and a big fight to Win with a country to save!!! God Bless!
Most of the Obama agenda is based on “saving” the Nation from a crisis which has been created, perpetuated, and manipulated. Should the Nation be in the mist of a thriving economy with low unemployment rates, his agenda would not stand a chance in hell. The Obama Administration mistakenly believes that Americans will come to accept Government as the solution to all their problems if only the middle working class can be forced into accepting government hand outs as a way of life.
