GM: More Bailout-Worthy than Citigroup [View article]
Don't worry automakers your going to get your Bailout. There are to many senators and congresspersons that are on your payroll one way or the other. Washington is corrupt and that grows more evident with each passing year. When you get this Bailout and start to celebrate be advised it will be short lived. Your CEO's will layoff 1/2 of you and under the new restrictions you will get nothing but an unemployment check, The other 1/2 will find themselves with lower wages and your power base will be gone, Soon after that all your jobs will be in either Mexico, China or some other far away land. Why do I say this? It's the American way. You would be prudent to buy rosetta stone and learn the language of your new host country.
Number of U.S. Homes With Negative Equity Is Stunning [View article]
Anyone who bought a home after I'll say 1998 is most likley underwater when it comes to the value of the home. Realators and lenders with shady business dealings are to blame. Flippers also played a part in the false value increase. Homes are a long term investment until we get that mindset back you can expect further declines. Do your homework before buying a home make sure you do your own research and you can save yourself a lot of pain.
Bailouts Support Survival of the Weakest [View article]
Citibank Rethinks TARP, Why? [View article]
Mad Money Recap - DelMonte Is Cramer's Pet (1/15/09) [View article]
GM: More Bailout-Worthy than Citigroup [View article]
Number of U.S. Homes With Negative Equity Is Stunning [View article]