Robert Nabloid

Wall Street Breakfast: Must-Know News

I'm certain SeekingAlpha + my website would be on that list. I've said enough bad things about their government to warrant it... lol.


On Jun 09 01:15 PM jimmy46 wrote:

> will require all computers sold in the country to contain software
> that blocks access to certain websites."""""
>
> ANYONE HAVE THIS LIST?
> IT WOULD BE INTERESTING TO SEE

GM: More Bailout-Worthy than Citigroup

Yeah, I imagine they have a good chance of becoming gifts if things don't turn around on a dime like they "hope".

At present time it's not a bailout - but we are all acting like it is, and it will probably end up that way. LOL. Funny how that works.


On Dec 08 04:30 PM philipmax wrote:

> To Robert Nabloid posted 12/6 7:11PM
>
> Good points.
> Just to let you know why I have no compassion for the likes of GM.
> In 1947,when Tucker made his famous revolutionary vehicle, with features
> such as headlights that turned the corner with the turn of the steering
> wheel, it was only short lived.
> Tucker was forced into bankruptcy by the BIG THREE auto makers who
> threatened the steel mills with boycott if they supplied Tucker with
> even one pound of steel.
>
> What goes around comes around.
>
> The know-nothing congress will grant the "loans" which will in turn
> become gifts to GM & Ford.

GM: More Bailout-Worthy than Citigroup

Yes, I know. And the fact that people continue to call it a bailout also bugs me to no end. The bankers were bailed out. This is just a loan for the auto industry because the banks aren't loaning money.

That said, I wouldn't be surprised if the big 3 would be better off filing for chapter 11 and doing a COMPLETE restructuring and coming out of it a lot healthier.


On Dec 07 12:05 AM slowdown wrote:

> Just to clarify - GM is not getting a bailout...it's a loan that
> has to be paid back with interest. The banks on the other hand are
> getting bailouts and they shouldn't.
>
>
> On Dec 05 04:48 PM Robert Nabloid wrote:

Wednesday Options Update: YHOO, ORCL, ERTS, MRVL, XOM & C

I hate Ivory's plan to sell the search engine. Why sell it? I like having a few options. I've had hard times finding something on google and used yahoo quite often when google fails. It's a great back up search engine. It's the main reason I continue to visit Yahoo's website and end up reading the top news stories or clicking onto the Yahoo! Finance section.

Stupid move to sell it when they just have to do a better job at creating a "adwords type" advertising system.

Yahoo also needs to focus on getting it's own adsense program going so people with websites (like me) can put yahoo ads on the site instead of google ads.

GM: More Bailout-Worthy than Citigroup

I have to agree with User 303820 on some of that.

A lot of Americans are living in the past and still believe nothing has changed in Detroit - primarily because they haven't been driving new domestics recently... The Domestics cleaned up their act on the quality and efficiency front. Those that say otherwise are living in the past. Yes, Detroit had plenty of problems in times past and it has angered a lot of customers who will never buy another domestic... I guess people also forget Japanese quality early on didn't exist either and it hurt a lot of people - but people gave them another chance to clean up their act.

Either way, the Detroit brand has been diminished due to the actions of the past. Yes, Detriot makes superior cars/trucks at the moment but too many Americans already gave up on them from their errors in the past that cost them a lot of time, money and hassle. It isn't hard to see it, just read the above comments.

But this discussion should be focused on if they can sustain themselves like a normal corporation - not on whether they make a good product or not. Tucker made an awesome product - much superior - but where is he today? Many corporations have made better products and still failed to thrive.

Many of the bailouts for bankers are not in the form of LOANS, but are handouts. As long as we only give the domestics LOANS that are repaid with interest, I see no issue with allowing it to occur - this is a special time with banks not lending - and we bailed the banks out and they still aren't lending... Why can't we loan the domestics some money for a short period of time until the whole financial industry gets its act together? It's only a loan. If it's a handout - then scream "NO!" from the top of your lungs. If it's a loan - with interest- then that is a different story - especially at special times like these.

GM: More Bailout-Worthy than Citigroup

Amen!

I live in a cold dark place. People die on the roads, especially those that buy the little death traps to "save money" on gas.

What they fail to realize is this: The 2 Mode Hybrid Chevy Tahoe—a full size SUV that seats seven with great towing capability—gets the same highway gas mileage as a Toyota Camry and received Green Car of the Year at the LA Auto Show.

On Dec 05 05:34 PM Tony Petroski wrote:

> The author wants the automakers to produce more hamster-wheel "hybrids"
> and the like because the SUV was "a Frankenstein monster and only
> created because of government meddling." I am very happy to be driving
> a Ford Explorer and would buy another one. It's snowing here, damn
> cold (please dear Lord give us some global warming), and the last
> time I passed the gas station, gasoline was $1.63. Here's an idea:
> you buy what you want, and I'll buy what I want, neither of us will
> subsidize the other, and we will remain free people for a little
> while longer.

GM: More Bailout-Worthy than Citigroup

"GM: More Bailout-Worthy than Citigroup"

Yes, it is. But no bailouts should happen, ever.

Why Bailouts Are Not the Answer

Finally, like minded people who realize failure is vital to success. Success can't exist if failure doesn't also exist.

We don't live in a capitalist society - we live in a socialist one. It's been this way for a long time. No go convince the rest of the population that socialism has failed us and we should try our hand at capitalism! BTW, most of the general population thinks capitalism has failed - they're blaming the wrong system.

"None are more hopelessly enslaved than those who falsely believe they are free."

Johann Wolfgang von Goethe

Citigroup Avoids Bankruptcy, Will Citizens Fare as Well?

@who: I didn't see the CNN program as I no longer pay much attention to the MSM which seems to gloss over crucial details far too often.

"I think the fed and treasury know what is happening and looking to
benefit when loose their jobs when Obama sits in."

I don't think they will lose their jobs. Obama has actually promoted quite a few of them into high government positions! He's done exactly the opposite you would have expected and has rewarded the big bankers and Federal Reserve that has failed us so miserably by promoting them to top government jobs and expects them to help him fix the problem they created in the first place. Is it any wonder their banks are getting the bailout money while average joe schmuck is still stuck and unable to pay his mortgage or without a job? They've already been given the equivalent of $70,500 for each of the 105 million households in the US... though that is probably much higher now as that figure was more than a week ago. Honestly, look at what they have managed to do in 6 short weeks... a banker take-over, not a banker bailout! Obama and McCain were both in favour of it too.


On Nov 25 03:11 AM who wrote:

> Did you see Citi exec's coming out on CNN and saying they were going
> to buy other banks toxic assets and hope make a killing in the long
> run?
>
> I think the fed and treasury know what is happening and looking to
> benefit when loose their jobs when Obama sits in.

The Sun Is Shining on Wall Street

@LeoTheDog: "It is long past time that we have an intelligent and thoughtful president who is confident and competent enough to surround himself with incredibly talented people."

...long past time? ...surround himself with incredibly talented people? You mean the Washington insiders who have been around for a while? You mean people that have been involved in the bailout plan and work for the private Federal Reserve and its member banks that asked for the bailout?

As for the actual article... More manipulation to "save" Wall Street isn't necessarily good in the long run. I guess most on Wall Street don't worry about long-term goals. I agree, the sun is shining on Wall Street... All the big banks are getting government funds that will enable them to gobble up the smaller more conservatively sound banks around the country that aren't in trouble. Government funded consolidation and more power shifting toward Wall Street is going to make Wall Street happy.

Wall Street Breakfast: Must-Know News

I agree Long-Short Guy!