BUGGS

Wall Street Breakfast: Must-Know News

Say what you will, fact of the matter is the "Big Three" must become and very quickly competitive and profitable again. Too large a portion of our economy is based on auto sales, service and production to believe other-wise. Chapter 11 really is not an option for obvious reasons. Change with-in the industry is needed but must come over a specific period of time and in line with increased production and sales. Our government and the con-sumers created this "three headed dragon" and the issue at hand should be how to legally control it without slaying!

GM: More Bailout-Worthy than Citigroup

MY BAD, THAT IS INQUEST NOT INQEST

GM: More Bailout-Worthy than Citigroup

I'M AMAZED AGAIN!! WE WILL TAKE CARE OF THE WORLD BUT NOT OUR OWN. VIETNAM CITIZENS CAN COME TO THIS COUNTRY AND GET LOANS FOR BUSINESSES EASIER AND WITHOUT COLLATERAL! VIETNAM VETS NEED COLLATERAL. MEXICAN FOLK CAN COME ACROSS THE BORDER AND BE ALLOWED TO STAY AND FORGIVEN TAX BURDENS!! JAPAN, TAIWAN AND CHINA ARE MANUFACTURING OVER 60% OF THE CLOTHING WE WEAR AND APPLIANCES WE USE BECAUSE THE FEDERAL GOVERNMENT, OUR GOVERNMENT ALLOWED AMERICAN MANUFACTURERS TO SHIP THOSE JOBS OVERSEAS. WE GIVE BILLIONS OF TAXPAYER DOLLARS TO THIRD WORLD COUNTRIES EVERY YEAR BUT WHEN YOUR OWN CORPORATIONS NEED A LITTLE ASSISTANCE IT ISN'T FORTHCOMING. THE WASHINGTON HYPOCRITES LOVED GM WHEN MILLIONS OF TAX DOLLARS WERE POURING INTO WASHINGTON FROM THE "BIG THREE". UMMMM, HOW MANY TAX DOLLARS HAVE JAPAN, CHINA, TIAWAN AND KOREA PAID TO THE US OVER THE PAST 20 YEARS?? BETTER YET, WHAT IS THE IMPORT TAX DOLLAR AMOUNT IMPOSED ON FOREIGN AUTO MAKERS PER VEHICLE?? THE CONGRESSMEN AND SENATORS THAT CONTINUE TO INSULT AND DEGRADE THE BIG 3 CEO'S SHOULD BE REPLACED IMMEDIATELY BECAUSE IT IS A SMOKE SCREEN TO HIDE THEIR MISTAKES AND BILLS THAT WERE INACTED WITHOUT PROPER THOUGHT!! GIVE THIS SOME CONSIDERATION! HOW MANY OF YOU KNEW THE NAMES OF THESE POLITICAL REPRESENTATIVES PRIOR TO INQEST OF THE BIG 3? WHERE WERE THEY 5,6,8 OR 10 YEARS AGO WHEN THE HANDWRITING WAS ON THE WALL???????? THIS STATEMENT IS DIRECTED TO OUR REPRESENTATIVES IN THE NATIONS CAPITAL!! YOU SHOULD BE ASHAMED OF YOURSELVES BECAUSE OF YOUR LACK OF ACTION OVER THE PAST 10 YEARS. YOU ARE VERY GOOD AT PLACING BLAME AND PASSING THE BUCK, BUT IT REALLY SADDENS ME THAT NOT 1 OF YOU IS MAN ENOUGH OR WOMAN ENOUGH TO STAND AND ADMIT THAT YOU WHO REPRESENT THE GOVERNMENT OF THE USA IS MORE TO BLAME THAN AUTOMAKERS OR THE BANKS.

Washington's Foot Dragging on Automaker Bailout Disappoints Markets

MATH IS AN EXACT SCIENCE. ONE PLUS ONE IS TWO ALL OVER THE WORLD. THE IDIOTS ON CAPITAL HILL THAT WE ELECTED TO OFFICE WILL NOT HAVE THEIR PENSION PLANS OR MORTGAGE PAYMENTS AFFECTED BY THE CURRENT ECONOMIC CRISIS!! HOWEVER, IF AN AUTO MAKER THE SIZE OF GENERAL MOTORS FALLS, THINK ABOUT THESE FACTS.....UNIROYAL, FIRESTONE, PARTS SUPPIERS, TRUCKING COMPANIES, INDEPENDENT PARTS MANUFACTURERS, PAINT SUPPLY HOUSES, ETC, ALL WILL BE IN CRITICAL FINANCIAL CRISES!! LIFE SUPPORT WILL BE OF NO CONSEQUENCE BECAUSE THE TRICKLE DOWN EFFECT WOULD CAUSE THE LOSS OF 1,000,000 JOBS, NOT TO MENTION THE HUGE LOSS OF TAX DOLLARS TO THE FEDERAL GOVERNMENT WHICH BY THE WAY PAYS SOME PORTION OR ALL OF THE SALARIES OF THE ELECTED OFFICIALS THAT WERE SO CONCERNED ABOUT THE THREE INDIVIDUALS THAT FLEW INTO DC VIA LEAR JETS. THE POSTURING BY THESE OFFICIALS TO MAKE GM, FORD AND CHRYSLER LOOK FOOLISH IN FRONT OF THE AMERICAN PUBLIC SERVED NO PURPOSE OTHER THAN AN ATTEMPT TO VALIDATE THAT CONGRESS AND SENATORS WERE DOING THEIR JOBS AND LOOKING OUT FOR THE AMERICAN PEOPLE THAT ELECTED THEM TO OFFICE. WHAT A FARCE!!!!! THOSE SAME ELECTED OFFICIALS AND BILLS THEY ALLOWED TO PASS STARTING IN 1998 IS THE REASON FOR THE CURRENT CRISIS AT HAND. TRUST AND BELIVE THE HOUSING MARKET DID NOT BY ITSELF CAUSE THIS MESS. CHANGING CERTAIN LAWS PERTAINING TO THE PURCHASE OF DEBT BY BANKS AND MORTGAGE COMPANIES BOUGHT THIS ABOUT AND IT BEGAN 10 YEARS AGO. WE AS AMERICANS ARE ALSO GUILTY BECAUSE WE CEASED TO HOLD PEOPLE THAT WE ELECTED INTO OFFICE ACCOUNTABLE. WE HAVE A NEW PRESIDENT AND NOW IT IS TIME TO HOUSE CLEAN IN THE SENATE, CONGRESS AND THE HOUSE OF REPRESENTATIVES!!

Aid for the Automakers? You Decide!

THE REDBARON IS CORRECT. MEN MUST FEED THEIR FAMILIES AND DARK AND DEEP IS AN EXCELLENT DESCRIPTION OF CHOICES WE WOULD BE FORCED TO MAKE AS MEN WHEN YOUR CHILDREN ARE HUNGRY AND YOU ARE JOBLESS!! I'M 61 YEARS OLD AND A VIETNAM VET AND FOR THE FIRST TIME IN MY LIFE AM AFRAID FOR OUR COUNTRY AND ITS CITIZENS!!

> I don't like it, but I agree with the author's stance, i.e., some
> aid, but with lots of provisions that would come with a cost to management,
> unions, debtholders, and of course, shareholders as well.
>
> To not do anything, is to risk something dark and deep, and I don't
> want to go there.