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  • Wall Street Breakfast: Must-Know News [View article]
    Sorry GS I am not falling for the bribe. 500 mil is less than the bonus payout for GS alone.

    Just a bribe... and a pathetic one at that.

    The destruction to small business' was so many times this amount it is laughable... and then there are all the citizens who have lost their opportunity for retirement. Now they get to work till they are 80.

    That's assuming they still have a job!!!
    Nov 18 07:38 am |Rating: +15 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    With unemployment still a big issue vouchers for cars is probably a very good idea. Its one less loan to default on if they get laid off prior to actual purchase.

    They need to be transferable to make them more appealing. You could sell them on e-bay or Craigs list if you ran into financial hardship.

    Finally it gives the auto companies an opportunity to spread out some of the demand for a more steady work schedule.

    However be sure to use as soon as possible because If the government goes bankrupt I don't think they will be honored or exchanged in Canada or Mexico.
    Aug 14 07:43 am |Rating: +3 -5 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Geithner says we must trim the deficit. I hope he clued BO in on that.

    On a good note. Everyone enjoy your memorial day weekend and spend some time with the family if you can. Remember our troops who are not able to do that this week end..... so that you can.

    Pray for the troops.
    May 22 07:49 am |Rating: +13 -3 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I hate to sound crass but the retirees are some of the very people that have led to this unchecked spending that got all of these bubbles started in the first place. They can enjoy the misery along with the rest of us. They are collecting SS $ from the great socialist ponzie scheme. We will pay for them but no one will pay for us. Thats crap!!! How long can this scheme continue? Once the population growth slow's this game is over no matter what congress does. The pyramid is doomed and it is coming soon. I suspect that those that have any other retirment plan even if it is your own 401k will eventually be told they don't get any SS dollars because it is bankrupt and has become a lst resort only program.

    The romans went down from entitlement excesses as well as a complete lack of spending controls and the Americans are heading there at warp 8. Lets bail out america first, not banks, autos, insurance companies or any other private entity. Congress has lost thier collective minds and that includes both parties. Both are nothing more than rotten corpses stinking up the country.

    My sugestion would to be figuring out your own retirement plan now because there is not going to be much the government can do latter. They simply can not tax taxpayers into the poor house to pay for these debts and the businesses will simply leave the country if they get tagged to hard. Its grim and its gonna stay grim for a long time and america might not be number one in the near future. We need to fix the entitlement programs in america before its to late. The needs of the many over the needs of the few might get shoved down our throats if we dont show some spending constraint. We could end up with NO entitlements soon and all the political correctness in the world will not change the fact that it could become "you dont work you dont eat".
    Nov 21 13:40 pm |Rating: +1 -1 |Link to Comment
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