jod's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/214576/comments http://seekingalpha.com/article/129750-bankruptcy-lets-capitalism-run-its-course?source=feed#comment-454093 454093

On Apr 06 06:41 PM jod wrote:

> I read yesterday that the GM bonds are probably mostly covered by
> cds's and blind cds's. The 28 billion in bonds is estimated to be
> insured for at least 100 billion. A good portion of these are insured
> thru AIG and guaranteed by the government. The major bond holders
> are all pushing for Bankruptcy so they can collect 100 percent of
> the bond. .Thats capitalism to pay out over a 100 billion and bankrupt
> a company. All Gm's union workers together make less than 4 Billion
> a year. If GM goes bankrupt and screws the union out of a billion
> a year and the Government pays like 50 billion for the CDS's AIG
> holds how does that make common sense. The whole system seems backwards
> to me.]]> Mon, 06 Apr 2009 18:42:20 -0400

On Apr 06 06:41 PM jod wrote:

> I read yesterday that the GM bonds are probably mostly covered by
> cds's and blind cds's. The 28 billion in bonds is estimated to be
> insured for at least 100 billion. A good portion of these are insured
> thru AIG and guaranteed by the government. The major bond holders
> are all pushing for Bankruptcy so they can collect 100 percent of
> the bond. .Thats capitalism to pay out over a 100 billion and bankrupt
> a company. All Gm's union workers together make less than 4 Billion
> a year. If GM goes bankrupt and screws the union out of a billion
> a year and the Government pays like 50 billion for the CDS's AIG
> holds how does that make common sense. The whole system seems backwards
> to me.]]> http://seekingalpha.com/article/129750-bankruptcy-lets-capitalism-run-its-course?source=feed#comment-454090 454090 Mon, 06 Apr 2009 18:41:00 -0400 http://seekingalpha.com/article/110635-gm-natural-death-or-suicide?source=feed#comment-329557 329557 Sun, 14 Dec 2008 23:47:21 -0500 http://seekingalpha.com/article/110635-gm-natural-death-or-suicide?source=feed#comment-329555 329555


And then post them on Yahoo to go after GM]]> Sun, 14 Dec 2008 23:46:29 -0500


And then post them on Yahoo to go after GM]]> http://seekingalpha.com/article/110635-gm-natural-death-or-suicide?source=feed#comment-329552 329552 Sun, 14 Dec 2008 23:40:07 -0500 http://seekingalpha.com/article/110635-gm-natural-death-or-suicide?source=feed#comment-329456 329456 Sun, 14 Dec 2008 20:37:01 -0500 http://seekingalpha.com/article/110554-10-an-hour-pay-gap-billions-of-extra-dollars-a-year?source=feed#comment-329023 329023 Sun, 14 Dec 2008 11:18:22 -0500 http://seekingalpha.com/article/106993-let-the-detroit-automakers-fail?source=feed#comment-310839 310839 Thu, 20 Nov 2008 11:18:22 -0500 http://seekingalpha.com/article/106648-tough-love-for-detroit-is-long-overdue?source=feed#comment-309081 309081

www.forbes.com/2008/11...]]> Tue, 18 Nov 2008 13:24:03 -0500

www.forbes.com/2008/11...]]> http://seekingalpha.com/article/106634-congress-offers-big-three-automakers-help-makes-demands-in-exchange?source=feed#comment-309036 309036


www.forbes.com/2008/11...]]> Tue, 18 Nov 2008 12:45:50 -0500


www.forbes.com/2008/11...]]> http://seekingalpha.com/article/106412-let-gm-fail?source=feed#comment-309024 309024
www.forbes.com/2008/11...]]> Tue, 18 Nov 2008 12:37:03 -0500
www.forbes.com/2008/11...]]> http://seekingalpha.com/article/106412-let-gm-fail?source=feed#comment-308979 308979 Tue, 18 Nov 2008 11:55:22 -0500 http://seekingalpha.com/article/106412-let-gm-fail?source=feed#comment-308976 308976 Tue, 18 Nov 2008 11:54:17 -0500 http://seekingalpha.com/article/106412-let-gm-fail?source=feed#comment-308457 308457 Someone better start fighting for America.]]> Mon, 17 Nov 2008 21:19:05 -0500 Someone better start fighting for America.]]> http://seekingalpha.com/article/105083-the-failure-to-admit-failure?source=feed#comment-302555 302555

On Nov 10 09:43 PM jod1921 wrote:

> How would the foriegn automakers be doing if they had to pay out
> over 10 billion a year to retirees. Gm has 70000 employees and 350000
> retires and surviving spouses. 5 to 1 retirees to workers. Sorry
> about the spelling errors. I was in a hurry and pissed !!!!!!! Stick
> up for AMERICA]]> Mon, 10 Nov 2008 21:50:43 -0500

On Nov 10 09:43 PM jod1921 wrote:

> How would the foriegn automakers be doing if they had to pay out
> over 10 billion a year to retirees. Gm has 70000 employees and 350000
> retires and surviving spouses. 5 to 1 retirees to workers. Sorry
> about the spelling errors. I was in a hurry and pissed !!!!!!! Stick
> up for AMERICA]]> http://seekingalpha.com/article/105083-the-failure-to-admit-failure?source=feed#comment-302551 302551

On Nov 10 09:32 PM jod1921 wrote:

> Theres 10 non-union workers for every 1 union worker in the auto
> industry. The biggest problem for the Big 3 is the legacy costs for
> pensions and healthcare All the foriegn car companies in America
> operate without any legacy costs as well as many tax advantages given
> to them to locate their assembly lines in competing states. I find
> it very sad to watch anyone cheer for the Big 3 to go bankrupt. They
> have always paid our follow Americans well even though the don't
> have a level playing field in they own country. If the automakers
> go so do up to 2.5 million jobs. They're the largest manufacturer
> we have left. Probably 2 million of them will lose there houses and
> that will pull down the value of the millions of houses around them
> causing the government around 200 billion dollars to pay out the
> bonds. The stock market will lose another 25 % essentually costing
> us all another 2 trillion. Why don't we just take over there pensions,
> make them issue the government stock equal to the current amount,
> and toss 20 billon each for treating one of our greatest assets like
> shit. Total cost around 200 billion much if not all would be recouped
> when there stock went up. Thats a level playing field. They should
> be able to do all that in about an hour.]]> Mon, 10 Nov 2008 21:43:30 -0500

On Nov 10 09:32 PM jod1921 wrote:

> Theres 10 non-union workers for every 1 union worker in the auto
> industry. The biggest problem for the Big 3 is the legacy costs for
> pensions and healthcare All the foriegn car companies in America
> operate without any legacy costs as well as many tax advantages given
> to them to locate their assembly lines in competing states. I find
> it very sad to watch anyone cheer for the Big 3 to go bankrupt. They
> have always paid our follow Americans well even though the don't
> have a level playing field in they own country. If the automakers
> go so do up to 2.5 million jobs. They're the largest manufacturer
> we have left. Probably 2 million of them will lose there houses and
> that will pull down the value of the millions of houses around them
> causing the government around 200 billion dollars to pay out the
> bonds. The stock market will lose another 25 % essentually costing
> us all another 2 trillion. Why don't we just take over there pensions,
> make them issue the government stock equal to the current amount,
> and toss 20 billon each for treating one of our greatest assets like
> shit. Total cost around 200 billion much if not all would be recouped
> when there stock went up. Thats a level playing field. They should
> be able to do all that in about an hour.]]> http://seekingalpha.com/article/105083-the-failure-to-admit-failure?source=feed#comment-302545 302545 Mon, 10 Nov 2008 21:32:26 -0500 http://seekingalpha.com/article/82151-is-the-chevy-cobalt-as-good-as-a-hybrid?source=feed#comment-191426 191426 Mon, 23 Jun 2008 21:36:18 -0400 http://seekingalpha.com/article/82278-100-years-later-with-gm-in-decline-flint-is-now-a-service-economy?source=feed#comment-190928 190928 Mon, 23 Jun 2008 11:38:11 -0400