Ohio voters voted overwhelmingly yesterday for the unions and against the Republican position. That could mean big trouble for the Republicans next November. Everybody is talking about the presidential candidates but the Congress may tilt more Democratic if this trend holds. The Tea Party movement may have reached it's peak and may be fading. I can't tell what the mood of the people is. I thought the union vote yesterday was too close to call but it wasn't even close. I guess the voters are not ready yet to buck the police, firefighters and teachers unions.
Survey shows 65% of Michigan residents give Pres. Obama a negative job rating
PS: Guess it doesn't really matter what the UAW says anymore if Obama can't carry the state of Michigan. Time to write the place off and focus on Ohio, I guess.
I did not realize I had so many idiot relatives in Ohio. My non union relatives were brain washed years ago and have always supported unions not fully understanding that they are the ones that end up paying for the union benefits by paying higher prices and higher taxes. I have tried.
Idiot relatives do not complain about the consequences of union power.
Your standard of living goes down, your taxes go up, there are fewer jobs and I will have more poorer relatives.
Shame on you.
The Issue was very, very poorly worded, and the general public simply didn't turn out while the gub-mint employees all did. Hardly representative of next Fall's election. I live in Ohio and I can tell you the polls were not very crowded at all.
<<<"The Issue was very, very poorly worded,...">>>
If you wanted SB5 to take effect, you voted "yes".
If you wanted SB5 to not take effect, you voted "no".
<<<"I live in Ohio and I can tell you the polls were not very crowded at all.">>>
<"The vote on an Ohio union law contributed to the state's highest voter turnout in 20 years for an off-year general election.
Results posted early Wednesday by the Ohio Secretary of State's office show 46% of the state's registered voters cast ballots on Tuesday. To find a higher turnout for an odd-year election you have to look back to 1991, when 51.3% voted.">
Market Summary 4:01:10 PM EST - Wednesday, November 9, 2011 - U.S. Stock Markets are closed for the day.
DJIA 11783.52 -386.66 NASDAQ 2622.19 -105.30 S&P 500 1227.13 -48.79
Dollar up big, but Oil only down a little. Wall Street Crooks are Ready and Willing to put the World in a Depression. GM down just short of 11% on Good news.
Thanks, Dan. On slide four we provide a summary of our third quarter 2011 results compared to the prior year. Net revenues were $36.7 billion for the third quarter of 2011, up $2.6 billion versus the prior year. Operating income was $1.8 billion, up a $100 million versus the prior year. Net income to common stock holders was $1.7 billion, which includes approximately $200 million reduction related to the allocation of undistributed earnings to the Series B mandatory preferred under the two-class method. The two-class method was not applicable on the third quarter of 2010 as the Series B had not yet been issued.
U.S. dealer inventory was 558,000 units at the end of the third quarter or 67 days supply. This is a 47,000 units or six selling day reduction from June levels. Based on our current industry expectations, we anticipate we will end the year at dealer stock levels in the high 500,000, and this includes meeting our goal of approximately 200,000 full-size pickup trucks or approximately 90-day supply at year-end.