John D

Texas Governor: 5k Credit for Plug-In Hybrids to Mollify 'Overzealous' EPA

Since April Toyota has now recalled over 2.3 million vehicles for a number of issues - seatbelts to fuels lines .... not sure I would want to trust a Prius as they to have been recalled already for loss of power while your driving. Think I'll take another look at a good old Chevy!!

GMAC: Happy to Lend You Some of Your Own Money

BRAVO!!! ... GM (GMAC) lending money to start sales moving and people are buying cars !! Perhaps those old fella's in Washington will note what is happening and push Wall St. to do something constructive with the $350 billion they got instead of bonuses for the #^%%$&^'s that caused the CRISIS like use the money for what it was intended like get the economy in a forward motion again.
They really didn't have to pay bonuses to have them straighten out the mess, the government just needed to show them that if they would like to face prosecution for mismanagement the alternative would seem much less attractive - then of course there are people in the government that were put in place to control this as well that should have been doing a song & dance for Detroit and the rest of the country instead of burying the heads of the Big 3 in a smoke and mirrors show.
Now lets just hope that they look at EQUAL trade as opposed to FREE trade and fix a few other issues as well !!

Wall Street Breakfast: Must-Know News

It's really hard to believe that so many that want to see the North American economy fail so much that they are blind as to what the consequences are going to be - 1st the financial crisis - 2nd the credit crisis and strike 3 - failure to give the industry help to keep the economy rolling - Is it the company - the union or the government ....Hmmmm. Lets back up now if all of the high priced help in the government with all of their expertise could not see the financial crisis was going to hit the industrials - THEY LET THE USA DOWN - not to mention the tsunami that is rippling around the globe. They would rather see 3 million American families without a way to support their families (which is now 12 million Americans - 4 per family) instead of sucking it up - do the math and fix that which should never have gotten started in the 1st place - were there no flags or warnings that this was coming or did they just ignore it long enough to head to higher ground in Washington with their pensions and investments intact. Hmmmm??? It was not the fault of the employees and their families they were just trying to make a living, I guess the term "casualties of WAR" comes into place - TRILLIONs spent to protect the country from others and ZERO to protect it from itself.