How Will the U.S. Stress Tests Impact Asia? [View article]
Seeing through China fog is easy. THE auto show is in China. Chinese people are WORKING. Chinese people are BUYING cars; even American union made cars.
A modicum of math stood me in good stead when I was trying to EARN a living. I didn't think I would ever mention math and bungee cords in the same breath, but I just did. Now I don't depend on either. It's mainly emotional from now on.
Wall Street Breakfast: Must-Know News [View article]
About the photo: I was the eldest and tallest of three little kids in sailor suits made by our mother. I took this out of our portrait. I must have been five or six; now I'm 85.
Wall Street Breakfast: Must-Know News [View article]
The first two comments are pretty much on the mark.But it is shouting into the wind. Obama does not hear. I am a GM retiree, and I helped put Obama where he is, but he is a one term president. He has noticed that the mob hates American auto companies, American auto workers, and American auto unions. It doesn't matter that the unions made it possible for every Tom, Dick, and Harry, and his wife, and his daughter to have a car sitting out there in the driveway. Obama thinks he must play to the mob. After we retire him, I hope that he will visit the graves of the martyrs to the eight hour day in Illinois. He is young; he'll learn, but he shall never again hold high office.
Banks Are Unwilling to Solve REO Problems [View article]
I talked with a fellow who had just bought a house. He wanted to pay 20 pct. down and 30 year coventional mtg. He was urged to go the other idiotic route. It was only after much persistence that he prevailed.
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How Will the U.S. Stress Tests Impact Asia? [View article]
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Short in May and Go Away [View article]
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Talking Heads Sink Stocks [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Banks Are Unwilling to Solve REO Problems [View article]
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