Tuesday, December 16, 2008

Just when things were looking up....

...... POW! Right in the kisser. With this whole exposure of the Madoff scheme the stock market has taken another hit. In a time when it is already on its knees. They expect there to be losses around 50 Billion. When reading about bailouts and fraud in such large amounts its hard to even fathom the amount a Billion is much less 50 Billion. And this one guy just managed to fuck over all the social elite and rich and powerful. Well i guess the people on the bottom can stop whining how everything bad always happens to them.

The auto industry. Seriously this shit is getting old. Give them money or don't. These Unions from what i have been reading are in part responsible for the issues the auto companies have. By forcing the companies to pay increase wages and with more benefits instead of allowing the market to allow them to equal out with foreign companies that have factories here you created a business structure that loses more money than it makes. And when asked to make concessions in wages to make them competitive with foreign companies that produce here the Union dig their heels in and claim that the government is trying to step on workers rights. its bullshit let things be fair in the most possible way. let the market sort it out.

Monday, December 8, 2008

The Left Complain and Stocks Rise.

I consider myself to be moderate as I am sure how most of America feels. And alot of the time I feel like we are forced into choosing extreme sides when our own views might not necessarily be that extreme. So it seems like alot of the time our country is split into a war bickering with itself. The point I am getting to is that recent the Extreme Liberal left has been complaining saying they have been felt left out of Obamas cabinet appointments and such. To me it seems like these people love to complain. And now that they don't have a republican to complain about they complain Obama being more moderate. Well what the fuck. Even if he is to moderate for your tastes he is defiantly going to be better than George W. IN the end you cant make all the people happy all of the time so make the right people happy some of the time and you are good.

Stocks have been on the rise and recently hit a new high from the slump they have been. Alot of people credit this on Obamas economic appointments and with her planned stimulus package that will create alot of jobs. Stocks are rising and lets see if we can people borrowing and loaning money again and we might be good. Lets hope things continue to look good.

Wednesday, December 3, 2008

Auto Bailout Take 2

Different take on the auto bailout. I have done some reading about people who oppose the auto bailout. And i have got to say some of their reasoning is sound. One thing is that this break down and failing of the auto industry has been coming for a long ways off. With bad business models and bad investments and loosing more money than they were making since the 90's. Also while a bailout would save jobs in the short run in the long run it would not help anything. I mean if the ship is sinking and you pump out 1/3 of the water in the ship you only bought the ship more time you haven't fixed anything. If the business fail new ones will replace them. Now i am not completely opposed to the idea of a bailout. but if they did i feel like the government would have to demand a DRASTIC REMODELING of the company.

If we give them one now when and where will it stop?