consumeronstrike

Time for GM to Declare Bankruptcy?

I'll be paying cash for my next car. You?

Time for GM to Declare Bankruptcy?

Well....if you go back through all my postings please tell me where I said your cars are crap. That has not been my point. What has been my point is perfectly apparent to all who can read.

Time for GM to Declare Bankruptcy?

HAHAHA The more you talk the more customers you lose.

Time for GM to Declare Bankruptcy?

I'm not motivated by "revenge". How stupid if that were true. But I will buy the best product for my money. My decision will be unaffected by all the UAW workers' opinions of what a low-life I am if I choose not to subsidize their pay which is much higher than most people in this country. Too...damn...bad!
For most of us when Mommy & Daddy are done raising us we're on our own. "The Company" doesn't take over where Mommy & Daddy left off. Now...you all have played a large part in the demise of "the company", and you think those of us who feel you have no right to expect it to fall on us to take care of you after "the company" is gone are such stupid, low-life selfish #$%@#!!!
Your wages plus benefits are far in excess of most people's. You have no right to feel entitled to so much more at the expense of all of us "low-lifes" who make so much less. Are we all underpaid? Are we all underpaid simply because the cost of living where we live hasn't been pushed insanely high by people who have managed by strikes to extort far more in wages/benefits than the actual val;ue of their work?
I make $9 hour. I don't live paycheck to paycheck even though I have student loans + child support payments totaling $300 a month. The point is I make enough money. But I feel no guilt at all telling you to stay out of my pocket. You figure out someplace else and some other way to make $40, 50, 60,000 a year and more for doing nothing more than finishing high school. Don't expect my contribution. That's ridiculous.

Time for GM to Declare Bankruptcy?

I'll need a car pretty soon...but my money will end up in NONUNION american autoworker's pocket. Like Paul Killinger said...you spent some months this winter calling many of us out here in the rest of the country every kind of low-life and saying we never had a hard job in our lives....now sales are down over 50%. TELL ALL YOUR CUSTOMERS HOW YOU FEEL ABOUT MANY OF US SOME MORE!!!

Time for GM to Declare Bankruptcy?

What BS. The amount needed for a family of four to survive is $17/hour? How do so many people live pretty well on half that? I do. And while I have no complaints and am rather amazed that there's really people who think they have to be RICH (compared to me) in order to live when I'm actually doing pretty good on my $9/hour, I am NOT ABOUT TO SHAPE MY BUYING DECISIONS BASED ON WHETHER IT WILL BENEFIT PEOPLE WHO MAKE THREE TO FIVE TIMES WHAT I DO (IF NOT MORE).
I don't think the way I feel is uncommon. So good luck. Maybe you can get a job at one of those Toyota plants that you figure "are paying less" when they're paying 50% more.
Better figure something out. Your job is GONE.
Now sales are down 52%. Tell us all what you think of us some more....

Capitally Challenged Stocks That Could Be Diluted or Extinguished

If you "thumb-down" someone that's just seeking to learn and be more informed you're a jerk.

Capitally Challenged Stocks That Could Be Diluted or Extinguished

Who the heck are you arrogant AH's who give people "thumbs down" for asking a damn question?


On Mar 15 03:27 PM Aalan wrote:

> " the vast majority of professional equity investors not only didn't
> know about covenants a year ago, but they probably didn't even know
> where to find them!" -- RIght, and I still don't know where to find
> them. I've invested in several dividend-producing companies that
> suddenly suspended dividends due to debt covenants that I didn't
> know anything about. Where do we find out about this so we can do
> our DD?

In Defense of CNBC (Sort Of)

Amen to that. I was a HUGE O'Reilly fan for a long time. That...is...not...news... That is GARBAGE! Stop feeding your brain such garbage and it will soon begin to heal. For awhile after I quit watching O'Reilly I liked Keith Oberman. Then I realized he was just the other extreme. Problem is, you make a habit of watching these kinds of "news" programs, you only think you have an opinion. You really don't. Either extreme, taken in the absence of the other side's viewpoint, will just as surely program your mind as if you were being brainwashed...except YOU are doing it to yourself and that's really stupid. What next...become a Limbaugh dittohead?
CNBC's biggest advertisers are brokers and discount brokers. Anybody but me ever notice that everyone on CNBC tells everyone ALL DAY LONG that "buy-and-hold" investing is dead? And even if YOU happen to think so too...you know there's a lot of people - a LOT - who believe in long-term buy-and-hold investing. Wouldn't be very good business for CNBC's advertisers if common-sense buying great comapanies intending to keep them for the long term was ever allowed to be given much airtime, though, would it? If a lot of people that get all or most of their information from TV got screwed I'm sorry for them. But every channel on TV has an agenda.
People who want to invest should read a lot about investing first and immunize themselves against the bullshit.

Mark-to-Market Marches Towards Extinction

Historical cost does not lend itself to manipulation or interpretation. It is what it is an can't be made to look different. There is no "interpretation", It can't be manipulated or embellished. I'm GLAD I never finished my accounting degree. M2M is bullshit!!!!

Another Reason to Be Bullish on Altria

It's the next day and still nobody wants to argue with my last posting (above)? C'mon!! I would really like to be talked out of these doubts!! I want that dividend!

Mark-to-Market Marches Towards Extinction

Hey! You know, the historical cost information influenced what the buyer was willing to pay! The historical cost paid and how long ago it was paid were some of the most pertinent factors to consider in arriving AT the fair market value! So is this M2M sort of putting the cart before the horse? Sure seems stupid to me!

Mark-to-Market Marches Towards Extinction

Historical cost accounting doesn't lend itself to distortion and/or embellishment. It simply presents what the asset holder paid for the asset in question and when. Let the buyer take it from there. What's wrong with that? I'll tell you what, I had to drop out of college one semester short of my BA in accounting in order to work two jobs to pay child support 15 years ago. Historical cost accounting is what they taught back then. It made PLENTY of sense to me than AND now and you all can take this mark-to-market crap and shove it where the sun don't shine.

Another Reason to Be Bullish on Altria

Forward earnings less than trailing earnings. Sales growth last 5 years = -25%. ROE last time I looked a couple weeks ago was 29% - still good but not near as good as the last time I looked before that. Debt/equity no longer super-low, now about 2.46. Headlines the other week full of people all saying the same thing: "Hell, if the damned things are gonna cost that much, this time I AM quitting."
You all and all the analysts go ahead and ignore all this. After each of us having smoked for more than thirty years, my girlfriend and I quit not quite 2 months ago now. The money we're saving is much better than the nicotine we're missing. A lot of people who consider themselves long-term dividend investors might consider all this and wonder - how does this look ten years out? I think a lot of people are going to get caught off-guard. Just because something has always been good doesn't mean it always will be.

Which Stocks Are the New Dividend Aristocrats?

WHY? Why thumbs down on this? Are u just an a-hole?


On Mar 11 09:12 AM GimliJan wrote:

> Mark,
> Excellent!
> I am a new investor trying to build a long-term Roth IRA portfolio.
>
> KMP, TPP, MSFT, GE (oops on that one!), ITRN, BP, OSK.
> Will be adding EPD and some others.