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  • Take a Stand Against Government Spending [View article]
    A stimulus package CANNOT stimulate the economy. Just look at the GDP composition by sector and you will come clearly to the same realization:
    20% share of healthcare that is funded by employees of all other industries;
    20% financial services;
    17% industry;
    There are big non productive pockets that cannot be stimulated in any way: they live off the ability to borrow from abroad. So forget about JM Keynes and government spending as the way out.
    Nov 25 15:48 pm |Rating: 0 0 |Link to Comment
  • Today's Other Bailout: $25B for Auto Makers [View article]
    'And there's little or no precedent for the government aiding a private company that has no stockholders among the public.'

    But the company has Tony Snow, ex Treasury secretary, as a partner. This is a reward for public service.
    Sep 25 05:51 am |Rating: 0 0 |Link to Comment
  • Ford's Deepening Hole [View article]
    levered 25 times and yet no profit. that looks like a rock solid bailout.
    Jul 27 18:23 pm |Rating: 0 0 |Link to Comment
  • SUV Makers Feel the Heat of Higher Oil Prices [View article]
    SUVs will be seen wheels up along the highways like dead cockroaches.
    Jul 06 06:51 am |Rating: 0 0 |Link to Comment
  • Is There Any Hope for the Big Three Auto Makers? [View article]
    These are matters of fact that GM/F:
    1. can produce fuel efficient vehicles and sell them well in Europe;
    2. the profit margins on the above mentioned vehicles are not as attractive;
    3. the above mentioned vehicles are much more technologically advanced and require more specialized equipment and workers than weed smoking Joes with heavy hammers;
    4. managment is so resistent to any type of change that they'd rather spend money lobbying (or bribing as it is called in the rest of the world) politicians than retooling factories.
    Jul 02 12:23 pm |Rating: 0 0 |Link to Comment
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