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    • Mon Oct 13th 15:08 PM | Rating: 0 0
      Commented on:
      CNBC's Gasparino Problem
      It is not a pretty sight to watch ALL of the commentators on CNBC try to put a sweet face on the pig WHENEVER GE misses earnings, reduces its dividend or has any other type of negative news regarding the parent company, GE. These people almost ought to recuse themselves from reporting on it due to their obvious conflict of interest and their discomfort on TV when reporting it !! I mean what the hell is Jeff Immelt or Jack Welsh going to do them, fire them for reporting accurately on GE ????????

      Were it a competitor of GE who had an issue, they would be all over them like the kitchen sink !!!

      As well if the govt. is going to run up deficits as it is doing, why not bail out main st. the way they bailed out wall st ?? I make less than $ 250,000 per year and as such believe I might get a tax refund under Obama's PLan, but you can bet if I did, I wouldn't spend it, rather it would go into savings or debt pay down immediately, just like the last one did !!!

      Democrats have arguably been the party of spenders BUT Robert Rubin under Clinton not only balanced the budget but left that SOB "W" a big budget surplus, which he has promptly pissed away !! No one in the GOP should utter a (Fking) word about budget deficits after this Administration, as no one in it has ever put their money where their mouth is on economic issues, but rather dawdled until such a time as we were in a near depression and then attempted to turn out all stops in trying to make order out of the chaos they created !!!
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    • Fri Aug 29th 15:04 PM | Rating: 0 0
      Commented on:
      NBC Refuses Pickens Plan Ad
      This has nothing to do with politics and has everything to do with GE's position in terms of making billions of dollars worth of nuclear energy related parts and systems !! If either party (DEMS or GOP) has an idea superior to Boone Picken's plan, then let's hear it now !!!!!
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    • Wed Aug 13th 10:18 AM | Rating: 0 0
      Commented on:
      The Economic Cost of the Military Industrial Complex
      The 2nd responder must of course either be nuts or have lots of stock in Haliburton, Bechtel, Boeing, Blackwater, etc., you get the idea !! I think the first responder's argument is right on !!!
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    • Tue Aug 12th 09:43 AM | Rating: 0 0
      Commented on:
      The Ford Debt Disaster Continues
      I agree more with the third writer than I do the author of this article !! I own GM bonds and even though they are trading for 50 cents on the dollar at this point, they pay an attractive rate of interest and I will hold them until they are called. Ford and GM make great cars at this point in time, they are right up there with Japanese cars in terms of defects and styling. These people are shedding their retireees medical costs to the Union for cash which is a smart move, hiring cheaper help to replace active employees who are retiring and if you haven't looked recently, check out who is the leader of cars manufactured and sold in China ?? Its GM by a wide margin and given the potential population of China, they have a great lead over there. More and more profits from these companies will emerge from China, India, Brazil and other countries starting to emerge and create middle class consumer folks. Lastly think about the reasons that Japanese automobiles are not too popular in China and probably never will be !!!!!!!!
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    • Wed Jul 9th 13:03 PM | Rating: 0 0
      Commented on:
      General Motors: General Malaise
      I agree with the first writer. GM Is doing gangbuster sales overseas. In 2009 or 2010, their legacy costs will in some ways be reduced due to many retired UAW workers dying off. Give them time and I think they will be OK. Getting rid of Buick and/or Pontiac, Saab, etc. might be worthwhile.
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    • Tue Jul 1st 19:59 PM | Rating: 0 0
      Commented on:
      53-Year Low: Re-valuing General Motors
      Agree with the earlier poster that if any goes under, it likely would be Chrysler and not GM or Ford but Ford is pretty weak. Detroit's problem is changing production over to small, gas-efficient cars and trucks and ASAP. I own GMAC Bonds and even though Cerebrus owns 51 % of GMAC and GM the remaining 49 %, they are working their way through the glut of over-valued housing inventory and their exposure to it vis a vis loans. I would agree with the earlier poster that Detroit should not be bailed out but do think that the Federal Govt. should assist in the subsidy of aviation fuel for domestic carriers inasmuch as it would seem that the same Govt. (with it's Iraq war policies) has so angered the Arabs & OPEC that their way of getting even is to make it tougher on all Americans (Rich & Poor) in terms of paying for oil, gas, energy, etc. !!!!! I find it very strange that last week the President of OPEC threatened G-8 POWERS with $ 200 barrel oil costs IF IRAN WAS INVADED, but there is no press reporting of this statement anywhere ???? Thoughts ????
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