Search results

5 trillion here and 7 trillion there, pretty soon we're talking real money. Holy @Q*&. 7.4T/300M=$24,666 for every man, woman and child in the US. But the good news is there is no way the ObamaNation will be able to implement socializied medicine.

GM was coughing up 40 points or so, last time I looked. :D

Free markets typically secure more economic prosperity than government’s centralized planning because: A. the price system utilizes more local knowledge of means and ends B. markets rely upon coercion, whereas government relies upon voluntary compliance with the law C. more tax revenue...

http://www.elitetrader.com/vb/showthread.php?threadid=145933

Joe Sixpack the investor with 100 shares won't be helping, but (hopefully) the institutions and major shareholders would look at the bottom line and bring things under control. I could easily be wrong, and I'm sure open to ideas.

Here's what the feds are going to send the taxpayers: <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=2191591>

Turkey day is always on Thursday in the US.

Some sort of check on nutso CEO compensation does seem like a good idea. Having government do it is as dumb as bailouts. Better to structure the situation such that shareholders vote on compensation packages for the top officers of a corporation. Let the market decide what's reasonable...

Looks like Cstfx was spot on, lol.

Be cautious. Many authors write for reasons other than to inform, ranging from attention-grabbing hysterics to lunatic conspiracy stuff.

By golly if one or two trillion isn't helping, let's try more! Yeah! Right away! If we beat our heads against the wall long enough, it will eventually feel good. Or stop hurting, anyway. Doing something repeatedly does not turn a bad idea into a good one.

Didn't some exec just come out and say everything was fine? Which is executive-ease for saying "OMFG we're going down!"

That is the entire problem. Once you start saying that some business or some industry needs to be supported by the taxpayer, how do you stop? How to you close this box belonging to Pandora? Once companies can loot the treasury, they'll spend resources trying to rob taxpayers and take unwise...

You do not have the right to make $70 an hour pushing a broom, free healthcare and 90% of your wages for sitting on your fat ass if your plant closes. It's greedy unions that want promotions and raises based on length of service, not merit. It's unskilled and uneducated UAW members who insist...

The fact that GOOG has to resort to pumpers here should speak volumes to investors.

When the UAW can shut you down until you cave and then you get to pay back wages, you pony up. The union has more power to kill the automakers than the suits. Unless you've been around these folks, you have no idea how loyal they are to the UAW. Union brothers and sisters aren't just words...

Sure. Right after we have a conservative president and a libertarian congress, and China gives us all our money back. That's not going to happen in our lifetime. Obama and the democrats are less likely to bust up unions then they are to bust up welfare, medicare or medicaid, or social...

The Big Three lose because their costs are too high. A primary driver of those costs are union driven, such as wages, benefits and jobs. Any bailout would have to be an ongoing bailout or Detroit will go belly up. Ongoing bailouts may consist of taking over obligations such as pensions...

And they are not begging because their mouth is full: http://news.yahoo.com/s/nm/20081121/bs_nm/us_gm

A Nobel Peace Prize is in their future.