simplesimon

Cash for Clunkers May Cost Up to $45,354 Per Vehicle

More negativity from myopic SA contributors. Am I to presume it's okday with everyone that JPM impoverished all shareholders of WaMu?...and then paid out one point five billion in million dollar bonuses? It's okay for these 'too big to fail banks' to borrow at a half percent interest, and lend at 200 times that percent? It isn't JUST the administration that is fleecing the public. And still, business, and individuals cannot catch a break from these lenders. THIS is where the real hemorhaging of our personal finances are taking place.

Detroit: Tow Ridiculous

I have a 1951 Ford from back when they were still making cars as though needed on the field in combat duty-translate heavy-so heavy that going over a speed bump does not raise the car up! It gets about 14 to 16 miles per gallon. So...Detroit has had 57 years to improve fuel economy...how are they doing? The public, vis shareholders, are not going to be happy until virtually every executive at every auto maker in the U.S is let go-and I mean with no golden parachute. I mean fired!
And while we're in the house cleaning mode, how about something besides the power elite governing the nation? Why does it have to be a lawyer? Do they know anything at all about being foreclosed? reposessed? insurance canceled so they can no longer drive? How is it any of these people know what is best for the people? They don't, actually. But like any self respecting lawyer, they do know how to make a murderer look like the victim. They do know how to come on television 20 times a day encouraging you to sue somebody, anybody...let's sue the hell out of everything that moves, any corporation with a lot o' dough....that will really fix it all up, huh? Either that, or it will drive every entrepeneur offshore, don't you imagine? Choose your president, and your representatives carefully this time. I think a few working stiffs might be helpful, frankly.

Industries to Avoid, Industries to Buy

Brother, did you stir the pot! Let me complement you on a few things. The Big Three auto makers summary is accurate. "Disregard for the consumer" you mention on their part may go down in history as something pandemic among our "latter day" corporate mind set/conspicuous status conciousness...no need to belabor the golden parachute for execs who ran the company in the ditch. I'm pointing to what I would call the mind disease of this turn of the millenia. The American Indian had it right when they described the pale face as "Wasichu"-which means spider= busy spinning webs of deceipt for the purpose of capturing and sucking dry the hapless churl, the brand racists, and the body worshiping desperate hosuewives, drooling over 'the lives of the rich and famous'- and damn morality, full speed ahead. I wonder if anyone ever really took their "Business Ethics" class seriously.
Today we watch with glazed eye as thousands of homes are systematically destroyed by fire, flood, earthquake, tornado, hurricane, and mortgage meltdown...and think it will not happen to us! A clue...it will keep happening, and even accelerate until we all fall back and rethink this whole thing. Is it really important to buy the Hummer, and the million and a quarter home, on lots "starting in the low $300,000"? Has anyone really evaluated why we are called "the great Satan"? Porn anyone? How about a trip to Vegas where nothing you do will ever come to light...a clue...every move you make in Vegas is recorded on video. And the whole world is tune in to be entertianed by our stumbling, wretched collapse.

Under The Radar News - Friday

Re: "goggle eyes" and yoohoo, the world desperately needs some real competition in this amrekt place. Most of us have found that it is becoming increasingly problematic to find a useful website resulting from a tedious search. In part owing to the 'pay per click' advertising /get rich quick scheme' where if you expect your page to be viewed on the front page, you better be prepared to budget at least a grand or even several grand a month for the priveledge of beign "seen". A goggle/yoohoo merger might be a flash in the pan fast buck opp...but in the end, it will not help anyone. It will just provide us with scores of pages of useless webpages to scroll through to find something useful. And while I'm at it...ebay desperately needs a viable competitor. Seven billion a year gross for ebay, for a 'virtual store', with no real ovehead, is unconscionable. Of course, who cares about consciousness, or integrity, or true worth today? Let's just keep appointing our golf buddies to the board, who will approve a 20 million dollar severance package for us once we drive the corporation into bankruptcy. And damn the torpedoes...full speed ahead.