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Turning Japanese: The Audacity of Reality (Part 3 of 3)

You are a very straight-shooter, but I wonder whether the "shock and awe" of revealing our true state, may be a matter of National Security (TS).

On point #5, regading GM and the other North American Auto Producers... GM can survive, but it must be transformed. This is a rare opportunity for the rebirth of the entire North American Auto Manufacturers... If that group can cooperate with each other and with the US government, then GM can play a part in a new structure, which like Japan, coordinates and maximizes efficiencies, including financial accomodations. Envision the forward-leaning Tesla being mass-produced (at much lower costs), in GM factories, using the experience and resources of that automotive giant. Then, envison these electric cars being exported, worldwide. Nuf, said.

GM Proves There Is an Alternative to Bailouts

I have not seen the need to "short" any company, since 1988, when I shorted AMD (and made money). I intend to put in a "short" order on GM common, this morning. It's all that I can (legally) do, to help end this misery. Our country is what's at stake! Do you want a country which is driven by a bunch of (un-elected) scoundrals? General Motors IS history, but we can only dwell in the past for so long, before it destroys our future. GM deserves a good funeral, not extraordinary life-support... Heck, I don't even want that kind of support, for my own mortal body! When the time comes, it's better to go in peace. That time has come and we should all pay our respects, but NOT our taxes. May GM Rest in Peace and never be forgotton, neither for it's automotive innovations, nor for it's financial atrocities.

Should GM Be Saved?

GM must "repent," before it can be "saved."

GM Could Benefit from Bankruptcy

I don't think that it's going to be a CARMAGEDDON... We've got plenty of time to allow the dealers to sell-off their remaining inventory, since car sales aren't very brisk right now, anyway. I've seen what happens when they keep cranking cars out into the yard... Once it fills up, they have to rent adjascent corn fields to store thousands upon thousands of cars and then, we usually get a hail storm and then, it's a total mess for everyone, including those who insure these jobs. Let's just take our time and work out a long-term solution. Obama is right on target! Unless we see major CHANGE at the Big-three, then no more DOLLARS.

GM Must Die

I agree. We need to protect the industry, but not GM. Otherwise, we'll be facing 'Carmageddon.'

Wall Street Breakfast: Must-Know News

It's entirely possible, that we will see some more downside, before the regional banks start up. However, their share prices ought to reflect their future potential. To me, I see capitulation in the share prices of these banks... Everyone who was going to sell has had ample opportunity to get out. Now, I see buying by Directors and other people who have a vested interest in the success of these banks, as well as our country, in general. These are not just speculators, like myself.

Wall Street Breakfast: Must-Know News

David, I'm sorry, that was a bad joke... I was referring to Marshall & Isley (MI). I have my money market and a large CD, there. I like the fact that they sold their data-processing unit last year, in order to raise capital. They didn't wait for a crisis to develop, as some others have. Also, they raised their dividend to $0.32 qtrly and insiders have been making large puchases, as recently as last week.

Wall Street Breakfast: Must-Know News

This is the buying opportunity of the decade, for select regional banks... There is an atmosphere that nothing (financial) is any good and nothing could be furthur from the truth... There is at least one regional, that is responsibly, plugging along, just as it always has. It's a "baby," which was "thrown out with the bathwater." I wouldn't doubt it, if this growing bank were to purchase some of the others, at pennies on the dollar and be huge, within 5 years! The name of this bank is... Gee, I seem to have momentarily forgotten, but I'm absolutely certain, that it will come back to me. :-)

10 Top Dividend Stocks of the S&P 500

I like MI. Rather than being forced into a reactive-mode, as IndyMac was, MI sold their data-processing unit and now apppears ready to pay their dividend. They saw this coming and avoided being put into a position of distressed sale of assets, at firesale prices. I'm over-weighted in MI, as of today... The financials have been painted with a broad brush and I believe that MI is way oversold.

Park Your Money With GM - Barron's

I was working for GM in the 1980's and I thought, basically the same thing as many here, how can it stay in business? Well, it appears that GM can loose over a billion dollars per quarter, for five consecutive quarters, as it did in the late eighties and still survive and thrive (later), when this CYCLICAL industry becomes resonant, again... It (GM) will either die, or lumber into the next cycle of sales and be profitable... I see no middle ground.