smlcap

Pre-packaged Bankruptcy Is GM's Only Option - Barron's

Good point Fcountry.
The college boys who spend their days tickling the computer key boards should give real work a shot. You're probably right. They would probably only last a day or two, if that. Let's see how they hold up under butt breaking work. What a sad scene that would be. The computer key board ticklers are pretty quick to reduce your pension, cut your health care benefits, and kick you to the curb. They actually believe the guys working the factory line, destroyed the US auto industry. Fools! They want to blame the line workers for the auto industry's policy of building cars that nobody wants to buy. It's been about 40 years since the US auto industry was issued the wake up alarm. The alarm said...Wake up! Start building energy efficient cars of quality. If you don't......The Japanese will. When the Japanese do, they will dominate the US market, and markets around the world.
The leaders of the US auto industry are to blame, period. Plain and simple. They are a bunch of short sighted, greedy give me the money NOW, fools. The greedy fools bought Hummer.
Tomorrow? What's that? Who cares about tomorrow.
A tip of the hat to Fcountry.


On Nov 29 11:39 PM Fcountry wrote:

> I must admit that I am a GM retiree, Of course I want GM to prosper.
>
> After working there for over 31.5 years the company has given me
> a decent monthly retirement...but what some seem to fail to realize
> is the fact that we have EARNED it. I hear some authors of canceling
> retiree contracts cutting benefits....to that I say WOAH....STOP
> and THINK.
> The authors...(and it seems to be perpetuating from Seeking Alpha)
> are suggesting such deeds...Do YOU have retirement packages...Just
> "How would YOU like it if we were interfering with YOUR "livlehoods"...
> You can sit behind a computer just "writing to your hearts content"...what
> your personal/ professional opinions are...in another words ..."doing"
> ABSOLUTELY NOTHING.....yet trying to give you OPINIONS on the welfare
> of others...
> Sirs...I give you a "challenge" STEP away from your keyboards....WALK
> in the shoes of those that have diligently built automobiles for
> this Great Nation...put in all the Blood, Sweat and Tears of "our"
> profession....live OUR life....See what it is like to get YOUR hands
> dirty...I mean "work" ...REAL work....not just banging on a keyboard.
> And then and "only then" LISTEN to some of the proposal that people
> like YOU are suggesting....
> Yes give up your salaries...and work for those wages that you yourself
> are constantly ridiculing. Just DO IT. I'll guarantee that you wouldn't
> last more than 2 Days in an automotive plant.

Cramer's Stop Trading! Zombie Stocks (11/21/08)

He's entertaining, and often times enlightening. However, he's not the bible of securities......I don't know who is.