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The Top 12 Brands Likely to Disappear [View article]
#8 - Chrysler is now going to have a stake owned by the government & UAW. No matter how poorly it performs, it'll get bailed out...AGAIN. It's not going anywhere.
#9 - Good call Eddie Bauer filed for bankruptcy this week. Wish I'd shorted it!
Why This Rally Is Unsustainable [View article]
> I am referring to the Feb/March downdraft. After the stimulus was
> signed. Dow went down like 1500 points concurrent with all the
> Republicans dissenting with the package. Rush blathering. Governors
> refusing funds. That dissent caused the biggest breakdown of confidence
> I have ever seen.
Maybe, just maybe, the breakdown of confidence was warranted. After all, why be confident when the federal government is borrowing an extra $1 trillion to add to its already staggering debtload? BTW, how is refusing the funding "treasonous?" The States have every right to run their own affairs when it comes to taking federal funds or not.