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Its the 2009 Unemployment Figure Pool! I say 23% National Unemployment by Nov 21, 2009. Anyone still working will be massively taxed. Property taxes will be up even though assessed values are down. Income tax will be up. Lots of sales tax increases and new consumption taxes. We're going to...

Ouch. Now, get gloriously drunk tonight, eat red meat and covort with questionable women if possible. When you wake up in the morning you will see that indeed the world did not end overnight. You are still alive and kicking. Then start planning for your comeback and eventual world...

They didn't inhale, no really.

Putting you on ignore. Optimism is one thing. Absurdity is another. Bye.

Bailout GM. Bailout Mrs. Fields cookies. Bailout Starbucks. Bailout homeowners. Let the retail banks, hedgefunds, insurance companies, investment banks and and anything else that does not contribute to GDP die.

Thank you! Most here on ET are oblivious to GMs role in national security. Probably spent too much time in financial firms creating nothing. Bail out GM, let the Banks go to Hell.

A mind is a terrible thing to waste.

If GM went bankrupt, would it still operate? Could it shed all the union obligations? Could it shed all the pensions? What would really happen?

I'm sorry to ruin it but this is C-Kid. Ckid.exe shows 3-sigma confidence that its him based on his post against all previous known posts. :D

The way I see it, my money is already going to be taken from me and sent to Michigan, either as welfare or as auto bailout. I would rather see those people working. I hate unions. Hate 'em. But throwing half of Michigan and Ohio out of work is a serious piece of business. Now, does anybody...

So, everything is normal there then.

Nice work. I don't think a lowball bid of 15% below listing is a huge insult. Once in awhile they will hit that bait. Nothing wrong with that. The gatehouse at the bottom of my driveway is listed at $180k. I was wondering if a 100k offer would totally piss them off or not. :D

I didn't know that and presumed that their union costs were reflected in their product price. That would make my assertion wrong, simplistic and naive lol. :D So, if the U.S. Government bails out GM with taxpayer money it is somewhat akin to what is happening in, say, Germany?

Nonsense. Germany is rife with auto unions and they are doing fine. It is the company management and the supplier contracting practices, clearly. I'll likely get a taxpayer-subsidized-vehicle early next year. Thinking of that 2009 CTS-V, the one with 546 HP. I'll drive it 2-3 years and then...

Well, wrong again. There are more Porsches within 1 hour of my location than in all of Europe. Los Angeles is Porsche capitol of the world jackass.

That was my experience at a hedge fund. I made about 2x but they worked me about 3x. It didn't make sense after a few years. They also severely restricted my personal trading having to pick securities from their "approved list".

lol what? I'm my little town about every other vehicle is a Ford truck. I have a F-250 Lariat Crewcab Turbocharged Diesel that I use on my little rancho and to blend in with the locals around town. Can't haul much hay and feed in my Carrera lol. Land Cruiser, hehe.

WSJ has a breaking news thingie on their home page, there isn't a direct link to an article yet. Yep, its gonna be fun to see Mark behind bars. Poetic justice.

Why is GM failing so bad? IMO, both Ford and GM are like homebuilders. They fail to reduce production when demand is clearly dropping. They just keep churning out inappropriately large vehicles and launch right off the cliff. It has to do with how Ford and GM contract with their...

Really? He had a picture of it. Nice little ship too. :D