Joethecarbuyer

Was Subprime Lending Just as Dishonest as Madoff?

What happened to Sarbanes Oxley? After Enron, Worldcom, etc, wasnt SO supposed to protect us? Weren't CEO's and CFO's supposed to certify their company's financials under criminal penalty?
Since the meltdown began, has any bank official been charged under SO?
Was SO another Congressional scam on the public?

Demand More for Your Auto Bailout Dollar; Oil Patch Should Bounce Back Long Term

Why do we keep throwing money at these relics? These cash injections do nothing, they'll want another in 3 months. They will never change...the UAW has them suffocated. Do you see the Japanese carmakers asking for a bailout? No, they have good engineering and no UAW.
The immediate problem is that no one is buying a car. Why not just give taxpayers a $3000 credit to buy a car so the automakers can liquidate their inventories? The Big 3 can get the cash and give them some time to breathe. Then lay on the requirements to improve mileage etc. and loan them the funds to go forward...using their pension funds as collateral.

Does Big Oil's Apathy Justify Proposals to Tax Windfall Profits?

Vikram
Feeble argument about US troops in Iraq protecting oil companies...were the Iranians or their Shia allies to take over
Iraq, world oil prices would go up. Wouldn't that be better for Big Oil?
By the way, has any U.S. oil company been seen operationg in Iraq?
Another point, did the U.S. government intercede to help U.S. oil companies whose properties were nationalized in Venezuela or the FSU? Did I miss something?
Did you not watch Harry Reid's speech this week, he and his democrat buddies hate energy. They love that the high prices are discouraging consumption...this was their plan all along. Only they want a cut of the energy profits....profits they helped create by blocking energy development.
For 20 years they have blocked drilling, fossil fuel elctrical plants, refineries and nuclear plants. Now they have us where they want us.
Congratulations Harry.