birder

Crisis Strategy: Coping With Trillion Dollar Deficits

If there is any upside to report, it is extremely difficult to find. BAC just stole another 20 billion from taxpayers. Chrysler wants more money.

On Jan 16 07:52 AM John D wrote:

> This is the same kind of 2nd guessing article that goes out of the
> way to create doom & gloom on the chance that if they are right
> they can say "I told you so" & if it doesn't pan out that way
> - no-one will ever refer back to it. If I was reporting anything
> right now it would looking at the upside of something as the news
> groups and newspapers are on the block today due to the drying up
> of advertising funds from the same companies that have been bashed
> - speculated - and reported on without ALL of the facts dries up.
> Perhaps its time to stop the speculating and start HELPING with some
> upside reporting instead of trying to make a bad situation even worse.
> Talk about BITING the HAND that FEEDS YOU !!

Wall Street Breakfast: Must-Know News

What this country really needs is a public hanging of big bank presidents.

Six Myths about the Big Three

One question that needs to be asked in all of this but has not is this: Is there still room in the U S market place for all 3 domestic car companies? It does not appear to me that there is. If we as taxpayers are asked to save these, the question should be asked which are worth saving. Chrysler is not even a publicly owned company. Why even bother with that one at all. If it is worth saving let Cerberus save it.

It was not a big deal back in the 60s when Studebaker fianally went under. And I don't think anyone really missed AMC all that much when it finally faded from the seen, althought the Hornet wagon is something that some of us miss especially now that the small wagon virtually has ceased to exist.

Wall Street Breakfast: Must-Know News

Paulson is clueless. Sort of like a chicken with its head cut off. Sure gives me confidence.