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  • Wall Street Breakfast: Must-Know News [View article]
    >> "We the people" Now own the largest insurance company in the world...banks, ...auto companys,...the largest mortgage companys." >>

    Nah. Our "leaders" weren't that smart. When GM's market cap was $4B, they paid many times more Same with all the others. The gummint COULD HAVE bought 'em all, thrown out the incompetents running them into the ground and sold 'em to responsible companies at a profit, but no. Instead we "loaned" them far more than they're worth for promises of repayment even though we know they can never repay the money and left the same incompetents in charge that got them into the mess.

    This is a business plan from hell. But it will keep the lights on in the Hamptons, Boulder and the riviera and the fuel tanks full on the yachts in the Caribbean. America's oligarchs will do at least as well as the Russkies.
    Feb 03 10:02 am |Rating: +11 0 |Link to Comment
  • My Year End Buys and Sells [View article]
    Glen - I started riding 50 years ago and have yet to meet anyone who bought a Harley for the gas mileage. HD makes tons of money in good times, not so much when the economy's sickly. It appears our economy is in for a very long case of the economic flu.

    The faithful will keep buying Harleys, if they can keep their jobs. Many won't get to keep either.
    Dec 29 11:15 am |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Breakfast" has been less than tasty of late. But we all know you're just reporting the news.

    A great big thank you today for our esteemed "leaders" who are so effectively solving all the liquidity problems of the US's major Wall St firms while the global markets tank. Just keep reinflating that credit bubble - it's working wonders !!!

    Good job, guys. It's clear you really know what you're doing.
    Oct 24 09:39 am |Rating: 0 0 |Link to Comment
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