All Blog Posts Tagged 'bailout' (14)

The Bailouts of General Motors, Ford, Chrysler, Citibank and Bank of America

Ford will make it. They just announced that a large portion of their lines over the next couple years will be electric. If GM and Chrysler finally realize this is the only way forward, they will make it as well. I won't argue that the U.S. auto industry has had a very large hand in creating their mess. Even more of the blame can be set at the feet of the UAW. All that being said, it isn't good economics to allow them to completely fall to pieces. There is a capitulation in the (world) economy g… Continue

Added by Christopher and Daniela Rabalais on March 10, 2009 at 6:05am — No Comments

The Truth Behind The Auto Bailout Scam

I was watching the major media news today while Congress was interrogating the CEO's of the Big Three automakers on why they took private planes to the hearing. Answer; because they can. End of story. It never ceases to amaze me how such trivial news dominates the conversation around major issues while the underlying truths, even those which might fundamentally alter the public perception of the issue, go largely unreported. While I was watching the news I thought about all of the other auto ma… Continue

Added by Mike Johnston on November 20, 2008 at 3:00am — 6 Comments

Automotive Manufacturer Bailout

A long story short, I agree with bailing out the car companies with this constraint: All monies are to be used to convert the cars to CNG. This method will ensure their survival and get us closer to energy independence. Continue

Added by Pat McCormack on November 13, 2008 at 2:46pm — No Comments

A Corporate Welfare To Work Program For Wall Street

So far the Fed has doled out something like two trillion dollars of essentially free bailout money to various uber rich firms and according to news stories today they are refusing to tell who is getting the money or for w… Continue

Added by Mike Johnston on November 11, 2008 at 5:00am — 2 Comments

Home Mortgage Bailout by Uncle Sam

I studied the problem facing the US Banks and Fannie Mae & Freddie Mac over the issue of $700 billion loan to the Banks to payoff Fannie Mae & Freddie Mac and to allow the FHA to reorganize those Mortgages. If their plan works the problem will still affect the stock market adversely and foreign nations will still tighten their belts against US Interests. It became interesting as I had my own suspicion of why the problem occurred but it could be more severe when adding to it the reasoning… Continue

Added by Charles Jones on October 10, 2008 at 11:00pm — 3 Comments

ROUND TWO! The upside down car loan meltdown/bailout

Get ready for round 2 people!.We have as big a problem with people upside down on their car loans,as we have with people and their mortgages!we as a nation have to realize that not everyone CAN own their own home,have credit cards or a expensive car.It is a privilege NOT a RIGHT to acquire these things.GREED has ruined our economy and threatens to destroy our nation. What do YOU think about this? Continue

Added by Mr and Mrs Thomas Techtow on October 7, 2008 at 8:11pm — 1 Comment

Post Bailout Action

As I write this the it is inevitable that the financial bail out bill will soon be pass. The Senate has prettied up the thing and now it sits in the house. They will dump some more makeup on it and, though he will probably complain about the "Pork" contained to to pacify the masses, the President will sign it. Then you and I to the tune of hundreds of billions will be stuck with the bailout. Sad thing is that for anyone one who in any way is a scholar of history knows that we have tried this… Continue

Added by dan on October 3, 2008 at 12:00pm — 6 Comments

Congress Voting To Empty our Pockets...Why No Action ON Pickens Plan and Drilling Here, Drillein Now.

In order to reverse the gross distrotions in the market, we MUST become energy independent. Whay are we not debating real, serious and workabel solutions to meet the challenge. Continue

Added by Randy Covington on October 1, 2008 at 5:24pm — No Comments

Not Economic Crisis, Energy Crisis.

Economic Crisis or Energy Crisis It is interesting that gas prices are inching up again but this time they are hidden by the "Newly Discovered" economic crisis. This problem is far from new. In fact the crisis started several years ago but suddenly we have been pushed over the tipping point. Why did this occur so suddenly that every politician in the world is staring like deer caught in the headlights? Oil prices have sky rocketed in the past year. How in the world can sky rocketing oil prices… Continue

Added by dan on September 28, 2008 at 5:00pm — 13 Comments

Thoughts about cng vehicles

I purchased a new Oldsmobile Cutlass diesel in 1979. The car was a polluter, but got 33 mpg. - and diesel was cheaper than gas - around 30 cents a gallon! It was difficult to find diesel fuel stations at that time...not an experience I would want to relive. In 1984 I had a Dodge Van that had a conversion kit for propane - also got great mileage - but again, fueling was an issue. Here it is 2008, and the best a new car buyer can expect is no better mileage than I got nearly forty years ago, and… Continue

Added by 2Trails on September 26, 2008 at 9:58pm — No Comments

Tax And Spend vs. Spend And Spend

Here is my take on the economy and the Bailout: Tax And Spend vs. Spend And Spend
So our economy is in the tank and all the savvy politicos are demanding that we bail out Wall Street. Continue

Added by Mike Johnston on September 26, 2008 at 6:57pm — No Comments

Financial Bailout to Boost Natural Gas

Now that the financial bailout deal has been reached (assuming it's passed by congress), I think you'll find natural gas to be a very interesting investment. Contact me if you're interested in investing in a natural gas drilling partnership. http://www.bloomberg.com/apps/news?pid=20601072&sid=aANffyfAGseM Dwight Safer ddsafer@yahoo.com Continue

Added by Dwight on September 25, 2008 at 12:00pm — No Comments

Henry Paulsen Sent Me an URGENT EMAIL===Consulting With Me on Bailout

Dear American: I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude. I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it would be most profitable to you. I am working with Mr. Phil Gram, lobbyist for UBS, who will be my replacement as Ministry of the Treasury in January. As a Senat… Continue

Added by Wind4me.com on September 22, 2008 at 7:18pm — 1 Comment

The Economic Crisis is just a Symptom of the Energy Crisis

Hi all, some of you may know that there is a new feature to the Pickens Site. We now have a vblog for TB Pickens himself. This will be a daily video message to use letting us know what is on his mind. The latest entry, I watched this morning, discussed the economic crisis and how it is connected to oil prices. Now at first blush I think that some may scratch there head and say, but what about the mortgage crisis. What abou… Continue

Added by dan on September 21, 2008 at 4:10pm — 3 Comments