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sumosama's Comments Stream Stats
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, 28 
- Total Comment Stream rating - = 35
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More Financial Pitfalls Ahead - S&P
Happy Holidays!
On Dec 20 09:17 AM hmcclung wrote:
> My turtle died yesterday....damn George Bush!!!!
Why Is GM Bailing Out Cerberus?
Why I Need a Government Bailout
AIG's Bond Sale Is No Cause for Celebration
Evaluating Good and Bad Management Strategies
Capital One on Delinquency Rates and Fitch's Broad View
This is actually "gross" c/o. Net is gross + recoveries on previously charged off loans.
Good article though.
Will the White House Bail Out Detroit?
Money is the sole responsibility of the legislature...that would be Congress, the House and the Senate. THEY have power of the purse.
On Dec 12 03:55 PM shadrach wrote:
> I realize Bush is our president and I've supported his decisions
> including the wars but when the majority of the people have said
> they don't want to bail out the auto industry and the congress has
> said no to bailing them out, just who the $*@&^ does Bush think
> he is to give them the money anyway.
>
> I think the same can be said of Obama as well with his continuing
> calls for this to be done. I know the dems love the unions but the
> people you are supposed to be representing are telling you no. What
> part of that don't they understand?
>
$10 an Hour Pay Gap = Billions of Extra Dollars a Year
Or could it be quality of life in that people do not want to relocate to Detroit?
Really???
On Dec 14 08:48 AM drummerboy wrote:
> what your analysis fails to mention the reason why these foreign
> companies always seek to be in the southern states of this country
> is because labor, and the cost of living is so much cheaper.look
> at the history in this country, and the old adage, the south is gonna
> do it again. you may still be in the dark ages with the mentality
> that labor is cheap, or should be cheap,hence the reason why the
> civil war was fought. show me one of these foreign car companies
> that establish themselves in a geographical area that is anywhere
> north kentucky. you won't! these car companies that come to this
> country know more about history and demographics in order to get
> the most bang for their buck. remember,it's the south who have NEVER
> had respect for the labor force, chaingangs,civil war,slave labor.
> come one folks, he who blames labor for any type of ruination in
> this country is a fool.blame a working man for working.thats insane.whats
> even more insane is the notion that its a union's fault. wake up
> america. he who has never belonged, or has never gotten their finger
> nails dirty will never understand.time to keep the eye on the real
> ball is now. southern politicians who want to protect the notion
> that labor is only worth 20k a yr., lawyers and insurance companies
> as well. get a clue
Automakers: Senate's Carrot and Stick Strategy Undermined
Like wise the votes for reconstruction aid to Iraq.
You really do need to revisit your civics lessons!
On Dec 15 07:27 AM Tim Miles wrote:
> Auto workers wages were not really the issue 1) since wages only
> represent 10 percent of the cost of a car and 2) Toyota's average
> wages in the United States are comparable to the BIg 3. The Center
> for Automotive Research has already exploded the myth that U.S. auto
> workers are over paid at $70 per hour.
>
> The Republican Senate vote was an outrage and a disgrace. Here are
> people who gave Wall Street and financial services companies$700B
> with little oversight and few strings attached. In fact, there is
> a recently discovered loophole that will result in no limitations
> on CEO compensation.
>
> As reported in an unpublished Federal history of U.S. assistance
> to Iraq since 2003, Congress has wasted $117B on Iraq reconstruction.
> These same Republican senators can bail out Iraq, but they can't
> give $15B to help 3 million workers in the U.S. auto and related
> industries, not to mention businesses in the communities where they
> are located. I hope the "average joes" in Ohio and elsewhere in the
> United States remember this attack on organized labor.
What Celent Didn't Consider
TARP, the Sequel: Auto Bailout
"thanks to high wages " ...so are they too high or not?
I do not believe that there is a $2500 difference in comparable smaller autos. Besides, if there was, let's chop that last "$800" and see what happens.
Auto Woes: Legislation Won't Get People to Buy Cars
On Dec 11 09:55 PM User 303820 wrote:
> BOB CORKER:* Require that the “all-in” labor costs and work rules
> of the Detroit Three be immediately brought on par with foreign car
> makers such as Nissan, Toyota and Honda.
>
> * Require that any compensation — outside of customary service pay
> — that occurs for workers who have been fired, laid off, furloughed,
> or idled, be immediately terminated.
> THANK-YOU RONALD REGAN! THIS IS THE REASON THE FOREIGN TRANSPLANTS
> WERE BROUGHT TO THIS COUNTRY TO BUST THE UNION.NISSAN, TOYOTA, AND
> HONDA HAVE NO PENSION BENEFITS THEY ALSO HAVE LIMITED HEALTH CARE…SO
> INSTEAD OF THEM COMPETING WITH US…IN OUR LAND…OUR STANDARD OF LIVING…WE
> HAVE TO LOWER OUR SELFS TO THEIR’S.AND WHEN IN 2010 OUR HEROES IN
> WASHINGTON ALLOW THE CHINESE TO SHIP THEIR CARS TO USA THEN OUR HEROES
> (BOB CORKER AND RICHARD SHELBY) WOULD WANT US TO COMPETE WITH THEM
> TOO!
>
> WARS ARE FOUGHT ON EMPTY STOMACHS…WAKE UP AMERICA!
Auto Woes: Legislation Won't Get People to Buy Cars
On Dec 11 01:01 PM Lazaris wrote:
> The whole world is looking at us to see what we are going to do with
> our industrial manufacturing base, and a handful of Republicans are
> holding everyone hostage!
Jack Welch for Car Czar
Then again, we could auction the position off...
Satellite Radio Is Not Immune to Big Three Troubles
On Dec 11 02:32 PM Thadeus Thornton III wrote:
> Has anyone else noticed how "Alpha" is flooding Yahoo finance with
> so many articles from questionable writers with dubious credentials?
>
>
> I'm not even even going to respond to anymore of these "Alpha" self
> appointed "expert" journalists. It has become obvious to me that
> this outfit has recruited a number of writers who, perhaps, just
> want to establish themselves and are being used to get "Alpha" on
> the map. Maybe a sign of the times. Starving journalists and out
> of work financial advisers or previous bank people looking for something
> to do writing drivel to exploit the sad business climate we find
> ourselves in. I guess there is always someone looking to make lemonade
> out of..... But I think Alpha is still just holding a lot of lemons
> and hasn't learned how to really make any really good lemonade. In
> my humble opinion :)