mixter

$634B Spending Bill Now In Congress Provides Loans for Automakers

The US automobile industry is a good example of what unions and stupid management can do. I will never buy a US made automobile that was made after 1958. They are poorly engineered, made, and a junk! I have had three Toyota made cars, and they are head and shoulders above anything a US car company puts out.

The unions and stupid management destroyed the US steel industry too!

Wall Street Breakfast: Must-Know News

We see no good reason as to why tax payers should bail out people who were too stupid to know they couldn't afford the houses they were buying and/or the greedy lenders who made extremely risky loans.

Let them fall on their asses and become good examples as what not to do. Pouring money down a rat hole does not stimulate the economy in the long run, it just detours the constructive use of investment money.