tell you what, you half #$%$ P.O.S.. Pay your homeowner subsidy, small business writeoffs, child care credit, elderly care credit, earned income credit (because i KNOW you are a TAKER) etc etc etc etc........ back to the taxpayers. You are a leach.
General Motors received a loan. They also have produced revenues for this country for over 100 years. They EARNED a loan. YOU receive a subsidy. Pay your subsidy........NOW.
pay the FN taxpayers back NOW coinmaker or #$%$.
nissan to lower prices 3-10 percent. hmmmmm, how did they come up with the money to do THAT??
nissan tried to explain away their currency advantage. they make many cars here in the states they said....................yes and receive dollars and then convert them into many more yen than six months ago......like 20 percent more yen. pathetic.
hope not......love staying below the radar. big day tomorrow but it is only one event. the process continues and continues to get better............
Nice perspectives!!! Fun stuff!!! Maybe an ATS with a six speed or Regal GS or Verano six speed??? Keep doing it. Awesome
The great thing about our country is that you get to have an opinion. But, there is very little doubt that Cadillac appeals to a great many people under 70, me included. They are doing great things and so too are Buick and Chevy and GMC!
As for the personal tastes of the people in Palo Alto, they are just that. I, for one, don't make car decisions based on Palo Alto!
The Merc E class and bmw 5 series are still playing catchup to the 2008-13 CTS. They will lose, yet again, when the 2014 CTS is launched.
As for the ATS, ummm, C class and 3 series have already lost there too. Not my opinion either. These are the opinions of Motor Trend, you know, that nice little Cali magazine. Oh well.
Thanks for the refresher. Good to know I wasn't too far off base with timelines etc. The danger in writing on a message board is that condensed thought and word open things to MISinterpretation.
It is fact that the well intentioned efforts of politicians opened our country to a fleecing of historic proportions (30 trillion in debased property values). What is also fact is that every investment bank, every money center bank and most middle tier and smaller banks engaged in predatory lending and lending that was absent of any fundamental analysis. This included lending to EVERY income strata with egregious abuse at every level. There are no shortage of cases to find at ANY income level.
What disturbs me is the COMPLETE failure of these institutions to act with their own risk compass and ethics compass, REGARDLESS of the poorly worded and conceived laws. Nobody was forced to make a loan. Facts suggest that the balance sheet expansion that went on at our largest lending institutions was condoned and encouraged at the highest levels at each institution.
We, as Americans, cannot presume to think that our families (rich and poor alike) from Seattle to Montgomery to Charleston to the Bronx don't know about the fleecing. I would say we have made it very difficult to teach our children about doing the right thing EVEN WHEN NO ONE IS LOOKING! We need leaders and heroes, not sociopaths.
Do not interpret this as me thinking that our lenders and wall street are not important. They are vital.
Your point is fair, but I was referring to our American investment banking houses. Citi no longer has Smith. BofA purchased an essentially bankrupt Merrill, mid crisis. JP did the same for Bear. Lehman...........gone. That left just MStanley and GSachs.
Why was Geithner made Treas Sec? I have my thoughts. My best guess is that it turned the stomach of many to have him there (me included). He knew the exact players and exactly what needed to be done to fix the mess he presided over (at the Fed). Equally telling, he is now gone. Maybe we can actually get a Secretary who can and will focus on issues more salient to our long term health: international trade, interest rate policy, regulation, currency.
You are correct Jeye. 100 percent. Well over 80 percent of United States trade imbalances go to countries that have fixed and/or devalued currency regimes. Over 400 billion every year......for a generation. We must end the trade imbalances........period.
If i recall correctly, there was a very small carve out within fannie and freddie geared to low income (the 1977 community reinvestment act). This "carve out" was also under the operation of HUD. it had a very small expansion in the later 1990's. Early in the 2000's, under the push of the Bush admin, but with both parties involved, it became huge. Well intentioned, but poorly thought out.
The investment banking houses (all gone save two), banks and mortgage companies that perpetrated this fraud, had no reason to tell anyone what they were doing. They knew it would end badly and simply tried to make as much as they could before it came apart. The Federal Reserve of New York and on the West coast had all the information to know. There is no explanation for why they chose not to act. Tough to even write about it. Disgraceful. Good morning guys. I see i was a bit fired up after a couple scotches last night. hahahahh
the IMF issued a statement Apr 11, indicating that the European Union decision to eliminate speculative Credit Default Swaps was not in the best interest of world markets. THAT STATEMENT IS A DISGRACE! The idea that ANY company could presume to write an insurance policy against an entire country is an absurdity. It is a fraud. It perpetuates toxic balance sheets through accounting entries and rewards the creation of "anti money". EVERY credit default swap that is written is an OFF BALANCE SHEET insurance bet against an entity (country, company etc). Insurance may be fine. Speculative default swaps create an opaque market.
The alternative to a CDS is a refusal to buy an instrument OR a direct shorting of the instrument. Nothing else is necessary. Cheers. good weekend!!
there is no "new world order"!! Malarkey! we are people. we will evolve. UNLESS WE GIVE AWAY OUR BRAIN AND SPINE (!) and allow autocrats or radicalism, we will move back and forth along a a continuum WELL BETWEEN communism and anarchic capitalism. we will be fine. let's cut the hyperbole/drama and bring great jobs home.
not by me Jeye! the numbers i posted are just the beginning of the issue. i wish i had time to write more. and of course you know that there was junk written last night by a clone and it is rubbish. be well!!!
First the stock numbers from the previous 6 months:
GE: 0.0 %
Fuji Heavy Industry: +100%
Japanese Yen: -25%
U.S. Trade Balance (Feb): -44 BILLION
GM has actually managed to eke out stock gains in the face of the falling yen. Two other great companies have not been so fortunate. The math of what is happening above is fairly transparent, but there is more there and I just don't have time to write.
Because of the rising tide of the auto industry, GM has been partially spared. Caterpillar? GE? In the face of slow world growth, they get hurt by the japanese subsidy.
Are we to believe that this does not have real costs to working Americans? This is a straight tax on the American economy. This is an indirect taking of American assets and unconscionable by an economy the size of Japan. Under no circumstance can major economies be allowed to fix their currencies (india, china, korea, brazil) or offer structured devaluations of their currencies (mexico, japan, india).
We have essentially offered low rates and a stronger economy to support growth abroad, AT THE DIRECT EXPENSE OF THE AMERICAN WORKER AND TAXPAYER. We must stop the trade subsidy to mercantilist foreign countries. Let's work through this better. Trade and currency are imperative. Friends DO NOT do this to friends. EVER.
Have a great weekend all.
8 trillion in japanese debt......and now another 85 billion/month.......forever. any takers for this? anyone, anyone? Buehler? Buehler?
no friend, this is the real deal here. own name and everything. i think what you have is called multiple personality disorder. you should have it checked out.........or not......whatever.
that is because they see you as trendy!!! they see you in a nose blow sonata and think, "i wish i could be cool and drive a car that will steer me off the road like that guy!!!" When they aren't saying that, they are absolutely drooling for the kia borrego and hyundi santa fe.........................
Change that Jeye. Jpy falls to to 97.70 in late trading, down 5% in three days. But take a look at the bright side Jeye, in 20 more days, they will be penniless! hahahahahahahahahhahahah.
In all seriousness, this poster and post is disconcerting. Japan, a country that is 97% homogeneous and with a very long history of racism and genocide, is now engaging in the same tactic that it has employed to bankrupt foreign firms from many countries. Their markets remain closed to foreign product. Japanese Empire?? Really?? That ended LONG ago friend. Hundreds of thousands of Americans paid with their life to make sure of it. It is NEVER coming back.......EEVVEERR.
I'll wait for monday and it will be sunny in America. It will also be sunny for the for the majority of Japanese who don't believe the filth you spew.