Wall Street Breakfast: Must-Know News [View article]
I think they plan on paying it all back, just they started paying it back early. Ofcourse, only GM logic would say we lost $1.5B and that is better than $2.5B we lost last year. Balance sheet is fine so we'll start paying back early. Until they cut management salary and undo the union strangle hold, GM is doomed. The only thing they have done innovative was the Saturn and then they crushed it.
On Nov 17 07:58 AM doubleguns wrote:
> "General Motors posted a $1.5B loss for Q3, but announced it would > repay $6.7B of its $50B government bailout" > > Not acceptable. Pay it all back!!! > > "18 of the world's largest financial firms, urged House Financial > Services Committee Chairman Barney Frank not to pursue big bank break-up > legislation." > > Banking Lap Dog Barney Frank will do all he can to save those 18 > banks against the peoples wishes and we the people need to raise > holy hell, starting here!!!! > > Time to break up the TBTF's then remove Barney Frank in 2010.
Wall Street Breakfast: Must-Know News [View article]
You don't really believe Dodd as a Class III Senator up for reelection has anything to do with his motives. His special treatment on his mortgage has nothing to do with his influence. Dodd has had a gov't job for nearly 50 years. Time for him to go.
On Nov 11 07:40 AM doubleguns wrote:
> Dodd torpedoes bank reform. Watch what they do not what they say. > This is a perfect example of Washington games. No chance for bank > reform this year now. > > Dodd knows exactly what he is doing and is delivering tricks for > the special interests (big banks) that keep him around as their lap > dog.
Wall Street Breakfast: Must-Know News [View article]
CALPERS bought 1.2B in SIV and didn't understand it. Now they want to blame the rating agency. Exactly how much did CALPERS pay the rating agency for this advice. How about firing the managers who decided to buy the SIVs. CALPERS might get paid in IOUs.
How exactly did you come up with target price? A higher or lower target price makes all the difference in the world. I own several of the DOW and believe your targets are set too low.
Wall Street Breakfast: Must-Know News [View article]
The Obama administration sounds more like Grant's or Jackson' rather than JFK's or FDR's. Why would you appoint another crook to oversee the auto's while firing the GM CEO? Guess GM didn't give enough kickbacks.
Wall Street Breakfast: Must-Know News [View article]
Let's $10B for mortgage modification program. That means my taxes are being given to my neighbor who entered into a bad contract for his house. Let him go bankrupt. If he entered into contract because of bank lender lied, send lender to jail. If because regulators didn't do job then send him to jail also. Let's one bankrupt and two in jail, I'll bet that'll slow down any more bad loans. If someone wants to give their money in the form of taxes good for them. I prefer to keep mine.
Wall Street Breakfast: Must-Know News [View article]
Obama says no international experience so picks Joe Biden. Then O goes to Europe and disses on the USA all the while sending Biden to throw out the first pitch at Baltimore. Hello!
Wall Street Breakfast: Must-Know News [View article]
You didn't forget about the President going to Europe and dissing on his country - USA, did you?
On Apr 07 08:26 AM long_on_oil wrote:
> This administration is doing what Bin Laden couldn't, they are taking > America down without firing a shot. The people have elected the > smartest communist the world will ever see and they didn't even know > it. My God people, wake up and smell the signs of a take over. > > #1 Try to buy ammunition other than shotgun shells, if you can find > it you will pay 3X what you should. > #2 Government take over of the banks and big businesses via the power > of the purse and congress. Throw out the constitution when it gets > in the way of your goals. > #3 Redistribution of wealth; use the tax code to steal from the rich > and give to the poor. Put the nation in debt and debase the currency. > > #4 Renew relationship with communist Cuba and any other country ran > by a dictator. > #5 Pass any law that will take away the power of the individual and > give all power to the people and do it under the guise of global > warming. > The list goes on and on, and we just sit back and twiddle our thumbs > and talk about how great our first black president is going to be. > > WAKE UP AMERICA...our brave veterans did not die for the government > we are headed for.
Wall Street Breakfast: Must-Know News [View article]
Maybe it is time to rethink retirement age. 65 may be too young to retire for many. As we live longer, maybe we'll need to work longer as well. Then again who says retirement is a right?
Wall Street Breakfast: Must-Know News [View article]
Why not just say we want our $170B bailout money BEFORE you pay any bonuses. Ofcourse, why did they pay 100% value on CDO's to foreign banks? Do you get the feeling our government talks the talk but don't walk the walk when it comes to taxpayer money. Is the $160M bonus money a smoke screen for the wasted $170B?
Wall Street Breakfast: Must-Know News [View article]
On Nov 17 07:58 AM doubleguns wrote:
> "General Motors posted a $1.5B loss for Q3, but announced it would
> repay $6.7B of its $50B government bailout"
>
> Not acceptable. Pay it all back!!!
>
> "18 of the world's largest financial firms, urged House Financial
> Services Committee Chairman Barney Frank not to pursue big bank break-up
> legislation."
>
> Banking Lap Dog Barney Frank will do all he can to save those 18
> banks against the peoples wishes and we the people need to raise
> holy hell, starting here!!!!
>
> Time to break up the TBTF's then remove Barney Frank in 2010.
Wall Street Breakfast: Must-Know News [View article]
On Nov 11 07:40 AM doubleguns wrote:
> Dodd torpedoes bank reform. Watch what they do not what they say.
> This is a perfect example of Washington games. No chance for bank
> reform this year now.
>
> Dodd knows exactly what he is doing and is delivering tricks for
> the special interests (big banks) that keep him around as their lap
> dog.
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Dow 30 Overbought / Oversold Edition [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
On Apr 07 08:26 AM long_on_oil wrote:
> This administration is doing what Bin Laden couldn't, they are taking
> America down without firing a shot. The people have elected the
> smartest communist the world will ever see and they didn't even know
> it. My God people, wake up and smell the signs of a take over.
>
> #1 Try to buy ammunition other than shotgun shells, if you can find
> it you will pay 3X what you should.
> #2 Government take over of the banks and big businesses via the power
> of the purse and congress. Throw out the constitution when it gets
> in the way of your goals.
> #3 Redistribution of wealth; use the tax code to steal from the rich
> and give to the poor. Put the nation in debt and debase the currency.
>
> #4 Renew relationship with communist Cuba and any other country ran
> by a dictator.
> #5 Pass any law that will take away the power of the individual and
> give all power to the people and do it under the guise of global
> warming.
> The list goes on and on, and we just sit back and twiddle our thumbs
> and talk about how great our first black president is going to be.
>
> WAKE UP AMERICA...our brave veterans did not die for the government
> we are headed for.
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]