WorldFun Posted October 10, 2008 Report Share Posted October 10, 2008 I just think it's a new beginning - the past can not explain it this time Link to comment Share on other sites More sharing options...
bust Posted October 10, 2008 Report Share Posted October 10, 2008 I just think it's a new beginning - the past can not explain it this time No but a few people in Washington can. GWB and his little war...nuff said Link to comment Share on other sites More sharing options...
vinod Posted October 10, 2008 Report Share Posted October 10, 2008 when was the last time your saw a janitor sent to a day spa as a thank you After the bail out AIG blew on spa $ 23K not on janitor.. exec., on the food 140k the CEO was pulled up in the congress hearing.... so we all know where the money goes...not to unions... cheers Link to comment Share on other sites More sharing options...
Steve Posted October 11, 2008 Report Share Posted October 11, 2008 The market is seeking its true level and the present prices aren't its true value. The market never lies. If its meant to go lower, it will...or should. Anyone think this is a good time to play contrarian and actually buy GM? We won't see this price again and they may be one of those firms that the U.S. feels is too big to let fail. GM failing wouild be a psychological blow. The government may not let that happen. Also, isn't the car industry getting a 25 billion dollar package as well? So what I'm hearing is that the unions are not the problem or even part of the problem. Its bad management then? As I said in my original post on the subject, I'm repeating what I hear on both sides. Link to comment Share on other sites More sharing options...
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