If you have money in the market take it out TODAY!!!

NarrowEye said:
Yea, i think that stinky unions are the bad guys here..
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They are the ones who lose if the company goes into bankruptcy---but you really can't blame them---I wouldn't want to give up a sweeeeet ass deal like they got either---and they have alot of political pull.
 
I see unions as a cancer on a flesh of free market, anywhere i lived i seen they retard every enterprise theyre in. No matter if its state ore privately owned.
 
NarrowEye said:
I see unions as a cancer on a flesh of free market, anywhere i lived i seen they retard every enterprise theyre in. No matter if its state ore privately owned.
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no shit..Ive worked in the unions out here and everyone that works in there is a lazy piece of shit..always complaining about some shit, and never wanting to do the work.

no unions for me...well no job for me
 
Treasury ready to prevent collapse of automakers

Treasury stands ready to 'prevent an imminent failure' of auto companies

  • Jeannine Aversa, AP Economics Writer
  • Friday December 12, 2008, 10:17 am EST
WASHINGTON (AP) -- The Treasury Department said Friday it's prepared to act to avoid any possible collapse of nation's three largest auto companies given that rescue efforts in Congress have failed.

"Because Congress failed to act, we will stand ready to prevent an imminent failure until Congress reconvenes and acts to address the long-term viability of the industry," said Treasury spokeswoman Brookly McLaughlin.

General Motors Corp., Chrysler LLC and Ford Motor Co. failed to secure $14 billion in emergency loans after efforts collapsed in the Senate late Thursday. The Senate rejected the bailout 52-35 on a procedural vote.
GM and Chrysler have said they're in danger of running out of money within weeks.

The White House on Friday said it considering new ways to help Detroit. The companies have prodded the Bush administration to tap into a $700 billion financial bailout fund for emergency aid.
 
i bet this time next year stock market will be 14000 again


this is just like a tiny bump in the road bug on the windshield
 
14 billion is nothing more than a drop in the bucket when you spend over 1 billion monthly. These automakers are going under, and soon after so will suppliers, distributors, dealers, small time repair shops, OEM aftermarket suppliers, Logistics corporations, etc..
This is the final domino guys. It's all downhill from here.
 
europe and asia are way more fucked than we are---they let their banks leverage 20x's we only allow 10x's. Plus the Euro took away their power to act unilaterally---going to put a bunch of countries in the position to fuck the eurozone all up.
 
what they should do is just start downsizing slowly over time until thier production is like 1 or no cars a week:weed:


somthing like this you gotta kill slowly
 
i think it is bullshit.... let em go bankrupt; i thought thats what a 'free market' was; nobody messes with you one way or the other..... i dont see how giving them billions of dollars that we dont have helps our economy in any way???? i think it's all part of a structured collapse.....
 
gogrow said:
i think it is bullshit.... let em go bankrupt; i thought thats what a 'free market' was; nobody messes with you one way or the other..... i dont see how giving them billions of dollars that we dont have helps our economy in any way???? i think it's all part of a structured collapse.....
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BINGO!!!!!!!:joint:
 
What?

That depends on how old you are.

If you are under 40............this is when you double down.

If you're close to 60 - it aint gonna get back to the old highs for a while.

With the recent rally in the dollar, this is an excellent time to get exposure to other countries. China, especially. They hold are our debt, they are the least hit, and the growth over the next 20 years will beat anything else.
 
cheeseysynapse said:
What?

That depends on how old you are.

If you are under 40............this is when you double down.

If you're close to 60 - it aint gonna get back to the old highs for a while.

With the recent rally in the dollar, this is an excellent time to get exposure to other countries. China, especially. They hold are our debt, they are the least hit, and the growth over the next 20 years will beat anything else.
Click to expand...

China could collapse from this shit. They have to maintain double digit economic growth to exist---they are freaking out.
 
China isn't going to collapse. Of course its going to slow down. But they are cutting corporate taxes now, unlike some other countries, I won't name names or anything.......

China is gonna rip when this all gets sorted out.
 
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