GM Is Said to Plan Shutdowns for 1,100 U.S. Dealers (Update2) - Bloomberg.com
50,000-100,000 in direct job losses.
Focusing on current trends and ways to profit from them "There's a sucker born every minute. These are the people who believe that this time it's different. "
Friday, May 15, 2009
Trade Wars Launched With Ruses, End Runs - washingtonpost.com
Trade Wars Launched With Ruses, End Runs - washingtonpost.com
History Rhymes it does not repeat. Right now I feel a big old beat.
History Rhymes it does not repeat. Right now I feel a big old beat.
Thursday, May 14, 2009
White House Czar Calls for End to 'War on Drugs' - WSJ.com
White House Czar Calls for End to 'War on Drugs' - WSJ.com
Is this the begin of the end? We can only hope so.
Is this the begin of the end? We can only hope so.
The Epicurean Dealmaker: More of a Kickin' Sitcheyation
The Epicurean Dealmaker: More of a Kickin' Sitcheyation
Just a hilarious read. While I dont agree that no long term damage was done. I do agree if you are going to play the game you better know when to hold em and when to fold em.
Just a hilarious read. While I dont agree that no long term damage was done. I do agree if you are going to play the game you better know when to hold em and when to fold em.
Ships Tread Water, Waiting for Cargo - NYTimes.com
Ships Tread Water, Waiting for Cargo - NYTimes.com
More signs of bad things. If no ships are coming, what does that forecast for retail.
More signs of bad things. If no ships are coming, what does that forecast for retail.
Mish's Global Economic Trend Analysis: California is a Complete Basket Case; Treasurer Requests Tarp Funds; LA Mayor Declares Emergency
Mish's Global Economic Trend Analysis: California is a Complete Basket Case; Treasurer Requests Tarp Funds; LA Mayor Declares Emergency
LOL. As California goes, so go we all. Superman Barney Frank will make sure they get money.
LOL. As California goes, so go we all. Superman Barney Frank will make sure they get money.
Advanta’s Card-Lending Shutdown May Imperil Customers (Update2) - Bloomberg.com
Advanta’s Card-Lending Shutdown May Imperil Customers (Update2) - Bloomberg.com
A sign of things to come? With American Express and other major Credit cards companies slashing credit lines it is going to get tougher for the consumer.
A sign of things to come? With American Express and other major Credit cards companies slashing credit lines it is going to get tougher for the consumer.
Wednesday, May 13, 2009
Tuesday, May 12, 2009
naked capitalism: Federal Reserve Inspector General Unable to Answer Basic Questions on Where the Trillions Went
naked capitalism: Federal Reserve Inspector General Unable to Answer Basic Questions on Where the Trillions Went
I would hope someone is trying to make sure the FDIC knows what it is doing. Cause if we lose faith in the FDIC we are all goners.
I would hope someone is trying to make sure the FDIC knows what it is doing. Cause if we lose faith in the FDIC we are all goners.
FT Alphaville » Blog Archive » Whitney: “I call this the great government momentum trade”
FT Alphaville » Blog Archive » Whitney: “I call this the great government momentum trade”
"Hard and Fast correction" I think we are standing on the edge and it will be a long way down.
"Hard and Fast correction" I think we are standing on the edge and it will be a long way down.
Monday, May 11, 2009
White House forecasts higher U.S. budget deficit | Reuters
White House forecasts higher U.S. budget deficit Reuters
Has hired weather men for future forecasts since they might have a better chances of being right.
Has hired weather men for future forecasts since they might have a better chances of being right.
Allen Stanford Bought Protection From SEC With Drug Information
Allen Stanford Bought Protection From SEC With Drug Information
Really? I had to check twice that I was reading the BBC.
Really? I had to check twice that I was reading the BBC.
Sunday, May 10, 2009
Zero Hedge: Will The Real Chryslergate Fallout Please Stand Up
Zero Hedge: Will The Real Chryslergate Fallout Please Stand Up
Quick and painless will soon be replaced by Very painful and longer than a year.
Quick and painless will soon be replaced by Very painful and longer than a year.