raising4daughters

GE: The Decimation Continues

GE is full of know-nothing hacks and deserves its fate.

Jim Rogers on the Economy - Bearish on Stocks and Government

Rogers is right. We need to flush all the failed institutions (banks, gub'mint agencies, and quasi-gub'mint agencies like public schools). Their employees too. Instead of propping up the free market and free, private sector people, they are strangling us.

I NEVER thought I'd say this, but it's becoming easier and easier to see why a group of desparate Europeans elected guys like Hitler and Mussolini. I've seen the alternative (Democratic-Republican... and all they've done is devalue my savings and fixed assets while killing the ability to make products in this country. Does anyone really think Obama, Geithner, & Co. are going to be any better than Bush, Rove, Paulsen & Co. The names are different, but the results will be the same.

It's Time for GE to Lose Its Triple-A

In addition to being a poorly run bank, GE is also a poorly run media company. NBC/MSNBC/CNC are the biggest jokes on air.

Buffett on the Credit Crisis: 'An Economic Pearl Harbor'

Amazing. This guy has made billions and has seen everything in his 80+ years. He actually sounds mildly bullish on this country (admittedly, he's been clear that there's still some bad medicine coming). Everyone, and I mean everyone, is telling us that the sky is falling and that we're headed for GD2.0.

When everyone is one one side and Buffet is on the other, it tells me that we're less than 1 year from the bottom.

Why GE's Selling Its Appliance Division

GE makes junk. I worked for a key supplier to GE Appliance, and we gave them our lowest grade stuff. All our good product went to Whirlpool and Maytag.

GE, like Microsoft, is now run by an ultimate Peter Principle guy, a shadow of his predecessor.