HBWOW

Global Meltdown, Part III

The greedy and the power hungry egotists have working toward today's chaos and have won. The problem is they are not done but rather plan to suck every drop of blood from the general masses.
You hit the nail on the head with your "organized crime groups such as drug cartels and bankers". You did not mention the egotistic governmental "what me worry" boyz, and behind the scenes investment manipulators, the option craving big business "executives/looters", and the investment scramers (*).
There (*) are many, many more Madoff's yet to be uncovered.

Turning Japanese: The Audacity of Reality (Part 3 of 3)

You forgot to mention Ken Lewis in paragraph 11, remember his bank was of the biggest derivative "investors" and after getting the first bailout monies promptly reinvested $5B with a Chinese bank. This in the "best interests" of who?????

The country has no one in government who has a clue about business and the economy, simply interested in self serving their egos, listening to lobbyists and talking double talk to their public.

Will the U.S. Fight the German Car Invasion?

The real question is for Congress when years ago we allowed the Japanese
to bring cars (had agreed to quotas but) to undermine and under price Detroit's products. This is like the old American electronics industry (do you remember the brands) where our government allowed free trade in but our trading partners, first Japan, then South Korea and the bigger, come lately, China swamped us with products but did not allow many and much of our products to be bought by their citizens. RESULT - spiralling trade deficits for the U.S. and loss of manufacturing base and jobs. So what is the question again?

If Toyota Is Projecting a Loss, Imagine the Pain Detroit Is in For

" IF" is the big doubtful here. IF you buy their story then I have a big bridge to sell you. Next, with their gradual invasion of assembly plants in the states, they will be asking for a "bailout". Any reduction in their total production will be done in their U.S. plants while making up the difference in
moe imported units from their homeland plants.
THEY HAVE BEEN IN A TRADE WAR WITH US (the free traders) FOR OVER FORTY YEARS. Washington has been asleep for many years just like on December 7, 1941.

Who Might Benefit From Detroit's Failings

The Japanese have taken the bulk of the electronic business by dumping product to eliminate our industry, Zenith, RCA, etc. They have taken a lot of other product lines such as lawn equipment, computer chips, etc, and continue to make inroads into many product categories, all to eliminate our industry which has resulted in our trillion plus trade deficit to them. If our auto/truck industry fails, we will lose a significant part of our remaining industrial base and be only buyers without jobs. There was a old Japanese philosopher who preached the way to beat your enemies is via a trade war. WELL. Destroy your opponent's industrial base and then their capital base. WELL.