John D

Rating Obama's First 100 Days

He is rated high on my list - especially considering that given the state of the economy, the nation and the numerous areas in which he has been involved, he has managed to do a great job. There are not many right now that would like to be in his boots. He is obviously well respected about the globe, he is younger which allows him to have a whole different perspective of what needs to be done - right down to opening up to Cuba and breaking OLD trends!!

What Do We Need In 2009? More Failure

It's hard to believe that so many look at the auto industry as a bailout - duh - you should all be looking at it for what it is. The financial sector screwed up royally which Wall St & the government watchdogs all allowed to happen and all of the attention to the auto sector is nothing more than a "smoke & mirrors" show to distract the public. If anything the government allowed the financial sector to collapse - gave them $350 billion with NO accountability (bonuses ???), don't know where most of it went and the only thing that the auto industry did was to get caught in the middle of the credit crunch which they all rely on to sell their products. Wagner & the boys should not have been in Washington answering questions - the government should have been in Detroit telling them how they screwed it up so bad and instead of bonuses on Wall St. the attorney general should have been laying charges to those that abused the system enough to set off a crisis of GLOBAL proportions. If GM - Ford & Chrysler are in financial trouble it's only because of FREE trade instead of EQUAL trade which is another government funded blunder - "come & take ours jobs and profits - we're big enough to handle it - NOT" Hopefully a new government will take the bull by the horns and make changes to an unfair policy to allow the DUMPING of cars and many other products. Time to level the playing field!!

Fast Money Recap - AIG Bonuses Just Business as Usual (12/22/08)

If the North American auto industry was not laying off 100's of 1000's of workers all of that money generated would still be going back into the economy, people would have the money to make the mortgage payments more houses would need to be built, but we as North Americans figured we were invincible and started to buy more & more imports,(has anyone noticed where the electronics industry, the textile industry just to name a few have gone) which as we now know was just shooting ourselves in the foot while we were holding the gun when it went off.
If the economy is to be turned around we must educate the people and this is a hard lesson learned. We need to suck it up, realize we are not as strong in the global market as we all thought and start buying what our neighbors, friends and relatives all build or we will find ourselves in a hole that we will take decades to get out of. Just think of all the jobs and futures of our children that will not happen if we don't. The governments have all signed DEALs with other countries (not enough thought put into them for the long term) that they cannot get out of but we as the people are free to buy as we want so we now know to buy NORTH AMERICAN and help OURSELVES survive the economic crisis. "BUY AN IMPORT AND DRIVE NORTH AMERICA INTO DEPRESSION"