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robinjoe » Comments » GE

  • Wall Street Breakfast: Must-Know News [View article]
    Old Trader, Ford has received billions from the DoE in corporate welfare so they aren't pure by any means. But refering to my earlier post, the perception is that they are the last "American" car company standing.
    Oct 02 09:49 am |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I think the American car companies have been kept afloat for decades by people who want to "buy American". I think this also explains the descrepencies in the sales figures. Buying "welfare cars"/Chrysler & GM vehicle is not considered "American" by middle Ameirica. Ford is the only true American car company left standing in their eyes. As the owner of several Fords, I'm in that camp as well. If I'm right, then GM and Chrysler had better build superior cars in a big hurry because they are on the same footing as Honda and Toyota in the mind of US consumers which means they will be compared soley on their products. Treacherous turf to be sure.
    Oct 02 09:46 am |Rating: +6 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Europe is an non-competetive as it gets yet it doesn't run huge trade deficits. Other than protectionism, how do I explain this...VAT. Tax consumtion rather than production.
    Oct 02 09:38 am |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I'm in the business and I was shocked by the Northrop win. I would call it a shot across the bow for the tanker bid to be sure. I've been thinking that the Aif Force is pissed about the rigged tanker bid that has tarnished their reputation and is taking it out on the perp, Boeing.
    Oct 02 09:35 am |Rating: +5 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    GM has about as many foreign entanglements as AIG. Why does anyone think a bankruptcy can be handled quickly. I mean Obama is a lawyer, so he should at least understand that. I know if I was a bond holder in GM, I'd want acess to Opel money if that it what it took to get paid back.
    Apr 13 08:44 am |Rating: +8 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    To place your future hope in a company that doesn't make money is insanity. I don't ever plan to see a dime from social security because the US gov't is insolvent, so why does anyone stake their future on GM which is more insolvent? My plan in enjoy life now. Have little to zero debt and plan to work forever. At the moment I've been doing what 60 Minutes pointed out last night, stockpiling guns and ammo as this is going to get ugly! Even more so that Leslie Stahl in bright lights.
    Apr 13 08:40 am |Rating: +9 -5 |Link to Comment
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