thedozer

Why AIG Wasn't Allowed to Fail

ERGO:
The contracts weren't 'too hard' to figure out. Simply put, the Govt. found the largest issuer of CDS certificates and propped them up. Think of it as simply 1 line item in a 800 page bill rather than 800 billion dollars. It was expedited as a single line with less political backlash.

The Govt. should have been monitoring these CDS's along the way. I hear the market is somewhere in the 55 trillion range.

Either way, the argument is that AIG had dealings that reached all sectors of all corners of the WORLD. Thereby labeling it as 'too big to fail'. My question is, "why did the US taxpayer have to bail out the world?"

Each and every country would have had to take necessary measures to ensure the viability of its own financial institutions. That would have been an approach I would been in favor of rather than the US taxpayer being the knight in shining armor. Furthermore, we will be left with the hyperinflation that is right around the corner.

Felix: well put, again.

Jeff Immelt Buys 50,000 GE Shares: Whoop-Dee-Doo

At least Obama has a team of economic all-stars for an advisory board

Let AIG Go Bankrupt, Not America

Jim Rogers has a brain

Is China Pulling an Alan Greenspan?

Who is the author of this article??

I thoroughly enjoyed it! Info, humor and sarcasm.
Excellent!

Will Lack of Accord on Stimulus Obscure Economic Lessons?

Dr. Duru:
"Unfortunately, this idealism is off to a rocky start with near unanimous Republican opposition to the economic stimulus bill."

1. No one should EVER vote for a bill that is UNREAD!!
2. Fellow democrats should be ashamed and imprisoned for such negligence..

I don't care what your political colors are! I already dislike politicians due to their lack of spine! But THIS is absurd!

If any of you are 'happy' that this bill went through in the manner in which it did... you should turn in your seeking alpha card immediately!
you are an idiot!! irresponsible, impatient, ideological idiot!

Could There Be an iPod Shortage for Christmas?

ipods in breadlines...

5 Stock Picks for December

remington
winchester
budweiser
marlboro
copenhagen

those are 5 long companies

Congress vs. Automakers: Are Both Sides Fiscally Irresponsible?

yeah, I trust Pelosi and Reid to put together a 'successful plan' to rescue the industry..

sounds like socialists saving socialists to me

UAW out
SAW in

i'll buy a honda

Buy, Sell or Hold: GM's Too-Big-to-Fail Myth

oh yeah... and save my post and re-read it in 10 years and change BIG 3 for SOCIAL SECURITY...
entitlements or any socialism practices are flawed in principle and WILL fail.

this is going to be nasty!

Unions and its employees have a STICK IT TO THE MAN mentality...
well, ATLAS is about to SHRUG

Buy, Sell or Hold: GM's Too-Big-to-Fail Myth

luckie:

I drive a Ford and a Honda Accord... BOTH made in the USA!

furthermore, I don't care where it is made. I care what it costs and the utility it will provide for me.

Mike n Mich: spot on... however, as I was and still am against socialistic practices, including the financial bailout... so NO for the big 3.

the Southern Auto Workers are doing well without union representation.
you ask me if I am willing to loan big 3 some of my money???'
what have they done for me? nothing... and that's the way I want it.

furthermore, the government is in violation of the constitution acting as a bank to begin with.

It is sad to see them go down... and it will drag us all down... but better to take our medicine now and get it over with than to leave this same problem for our kids to figure out in 20 more years

How Not to Bail Out Detroit

Michigan auto wife:

why should you get a bailout? Sad to lose your job, yes... part of life, yes

you can't stipend/subsidize America. the UAW is largely to blame...
why are the foreign competitors still in business? I don't know...
but they are not part of a UNION

UAW $80/hour
foreign $ 30/hour

how is that math hard?

good luck, but no, I don't want to give you my money!

Bust-Up, Not Bailout

expensive lawyer-

are you a public defender? answer: NO
relevance, private money/firms pay based on performance... (free market)
NOT via Government salary (socialistic) public defender

I see you believe in free markets only when it leads to personal gain...

In this case of the US auto industry, I prefer to discuss the players in question as opposed to your 'case law' reference from an overseas market that plays by different rules!

we discuss GM in the US... and you go for a VW in Germany... you should represent your client (unions and the US auto industry) rather than jump to foreign markets.

You mentioned running 4th Grade math on some numbers... I asked you where they were?? NO ANSWER!

provide the court some evidence instead of rhetoric. The argument that "it works in Europe" sounds good, but... THIS ISN'T EUROPE.

this argument is why unions don't work HERE! not overseas...

the fact is, you and your industry is sinking, not mine...
so, you hold onto your 'it works in europe' argument... it won't pay your light bill

again.. why must unions exist?
why can't the auto industry perform without them?

these are elementary questions that I await to hear you address in your attorney diatribe.

the burden of proof, sir, is on you and your industry... you know, the one looking for tax payer money!!!!

fyi... I own a Ford and a Honda... so I'm equal opportunity here

Can Obama's Policies Revitalize Traditional Oil ETFs?

Long companies under obama...

Winchester, Marlboro, Budwieser, Remington, Copenhagen
anyone who makes Duct Tape or CANNED GOODS is a solid sector!


good luck boys

Defining a Depression

SCORE:


socialism cannot compete 1
Cesar 0

final

What's RIMM's Problem?

good news is I'm in my early 30's so I can still go long... but these companies may be solid, but do they have the cash to keep swimming through deep waters