User 263844

First Take on GM: Packaged Bankruptcy Inevitable

A bankruptcy for GM would mean the destruction of an already fragile economy. Too many jobs and retirees are connected directly to GM and many more indirectly.

Six Myths about the Big Three

I am shocked that more car consumers don’t go into GM showrooms to look at the cars. What’s wrong with this picture?

They make good looking, quality cars that obviously an unlearned public doesn’t know about. The commercials GM puts out are excellent - and the product is excellent. Forget about patriotism, these are the best out there.

I’ve owned five new American cars. (The Fiero was one of them). I never owned a Japanese or foreign vehicle. But I have been in them, and had to rent them. There was nothing stellar about the Japanese vehicle over my American counterpart. It was just a car. (Japanese cars do not hail from the heavens).

It’s very simple. All the American consumer should do is go to their local GM dealer for the car they are looking at, and really compare. They’ll be surprised at the giant leaps forward GM has made.

Let GM Fail

If GM failed, it would cause a domino effect unseen in America since the 1930's.

The Autos and Mentality That Ruined Detroit

Too many jobs are associated with the domestic auto industry. For them to fail would be disastrous. Of all the past sins of the domestic auto industry, they have been trying hard for the last three years (since oil spiked) and are rectifying bad problems. To not let them continue would cause not only problems for those directly involved, but those indirectly involved.

It would also cause the coming depression to be much deeper.

Wall Street Breakfast: Must-Know News

The Big 3 are the last vestige of complicated assembly line manufacturing on a large scale in America. Let it go and out goes the base of the defense of the "Arsenal of Democracy."

Bailing them out is a must do situation. At least there is something to show for it. Bailing out the finance firms is throwing good money away. All it is doing is temporarily staving off the coming "Greater Depression."

A Radical Solution for U.S. Automakers

In theory this article makes sense. In reality it would be a calamity.

Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?

Anytime the auto industry tanks the economy tanks. Let the auto industry go, and find out what will really happen to the rest of the economy.

The Shallowest Generation

Was this an ad for Obama?

Bailout Bill Passes; What Happens Now?

This bailout puts the National Debt to almost $11 trillion....debt of this astronomical nature is bad. Something is going go give.

It's a Bull Market in Government Intervention

Printing money with an already 10 trillion dollar debt is not sound economical advice.

Law of Supply & Demand Is Dead for Gold & Silver

Debt is bad....eventually it shall catch up to U.S. Gold and silver are a haven.