ZenLunatic

If it comforts people out there, I do think there is help coming to the auto industry. As much as I am against it, it most likely will happen. Given the track record and what has been said, it seems very likely. It seems likely that the government helping more industries in trouble. We are still reacting to fear instead of sound thought and principles. I dont think it will take too long when the people of America realize the mistakes we made and are making when things really fall apart much worse than now. We are on a fast track to socialism. Maybe a revolution will occur in our future

They have great reason to be. Even with blank check bailouts, there is gonna be huge layoffs and consolidating. There is a fate of Detriot that is no stopping now. There is always hope that we can rebuild. It must first fall so we can rebuild. GM stocks below $3, lowest since the early years of going public. So... we invest $50billion+ in companies not worth a fraction of that?

If there was an option between the 2 that makes sense I would consider it, but none is out there. It seems to be money first, then lets see what we can do. Then it could be too late. You cant throw money into something without a good plan. Look at AIG. I dont believe we do nothing, but nothing is better than a blank check or what is out there now. Doing nothing is the best option at this point. I voted for Obama too. I think when it comes to world views including wars and also the environment, he is great. When it comes to the economy, I think he's more of the same. He's no differe

Thats a big component too that can be fixed through total restructuring.

Thank you. 11:11 is a special time.

The bold is what is the problem with America. My point is we cant keep living on debt. Its not the way an economy can continue to function. My point is that what you say will happen regardless. Deal with it now or make it alot worse by spending more money. I am prepared to deal with anything that the depression brings because its the way it has to be to get better. We need this massive correction to happen. Why keep propping up this fake economy based on bad business models? We're trying to fix something with old fashioned thinking that got us into this situation. America is like s

Lets move the auto industry bailout talk here, cause I think it's a more specific topic. I think as citizens, we should be know how the govt is spending our money and as of now, we have nothing more than us bailing them out. I'm not hearing anything from the govt about plans of retool or restructuring. All I'm hearing is that we need to inject them with $25- $50 billion fast. Where are the conditions?? And I dont feel its the job of the govt to run a car company and thats what we need. A good business man to restructure the business and industry. Let the market take care of that.

That's pretty much it. It's a waste of money to prop up these bad companies. What people need to see is that its not the end of the US auto industry but the end of the Big 3 which was run very poorly. Its the restructuring of the US auto industry. New business models and leader that work and make money. Dont you want an efficient US car company that can compete with the foreign names?

The question to you is where do you draw the line? What is all? What is about the credit card, airline, and other companies? Who deserves how much and where will the money come from? And I never was into saving the banks. More arguements on this issue:

So they are destined for failure. Should we help them out? And if we do, in what capacity? You gotta take that these three companies employee a huge amount themselves and also support the a big part of our manufacturing industry to boot. Failure in these companies do mean a gigantic change. The problem is they are out of money and without more, they will die soon. It makes sense we do something, but what is that something. Lets start off with American cars suck. After my first GM car, my second being a Honda, I never bought another US car again. The image and reputation is out there

Chicago burb company I work for is hiring engineers and manager type positions also DB admin.

The darker the berry, the sweeter the juice.

Okay, to get back to this. I understand your fears of what will happen if these giant business fail. There will be big consequences but you start to manage that instead of fixing failed business models because there is too much corruption and culture that is sometimes unfixable. Sometimes you gotta break things down completely to start from a sound foundation. The markets are still there. Someone will pick up the pieces of these failed business and create better models and start business that work and profit. Our efforts should be to facilitate rebuilding sound models. I understand the

NO MORE STIMILUS OR BAILOUTS!!! Obama's position is pretty clear that he will continue crazy government spending. He wants another stimulis and also a bailout for the auto industry. You think Bush got us in trouble with spending. Get ready for bigger government debt. The question is how much will the rest of the world lend us and where will all the rest of the money come from???? How can we pay them back?? How can we solve the problem of spending with more spending? Where is the plan to start saving and producing????

I remember job hunting and it sucked every bit as you are saying. Especially with this economy, jobs hunting will not get any easier. The processs does suck but thats what is out there. You have to put your name and application out there as much as you can. Go through all the painstaking processes. It is a numbers game. Dont give up. Good luck.

Blastin' AC/DC - Back In Black for Obama

We're gonna turn the US Map BLUE this year. Just like in 64.

My biggest beef with Obama is that he is a White Sox fan. How tragic is that? My only comfort is that he is not much into baseball anyways.

YAY for us!!! We WIN!!!

So who won?

DOW back up to 9000. The volatility is just nuts. You have to be a total professional/gambler if you're gonna trade in this market. There is so much yet to be unravelled, I dont think you can predict anything at this point. 2009 will be incredibly interesting. Obama will be the known as the president of the next depression.

Yes, also check out Gems, and the Classics Live 1 and 2.

What does full release mean to you?

I think most people who have tons of money are down bigtime right now because everything is down bigtime. People are making money in the short-term through fluctuations, but thats all just money circulating. If you dont have money in the markets or have a mortgage, you have the most to gain here because you can get in at very low prices now and probably even better soon to come. Plus, you didnt lose any money. The big money lost at this point is in housing and stock market. Power is about money in this case, so how can it be not about money?

October 22, 2008 A Missed Opportunity by John Browne Most Americans have come to accept the simple truth that we have eroded our national wealth by consuming far more than we produce. With this understanding taking hold, and with the severity of the financial crisis spreading, government has an opportunity to radically change course to put the nation on a different economic path. But rather than making a meaningful turn, all our politicians can do is put their foot on the accelerator. We have been told repeatedly by our leaders that consumer spending is the life force of our economy. W