Its also interesting to continue to hear everywhere the continued railing about the American auto worker and yet there is not one word in this board about the dude who just scammed the rich (guess those rich and famous Palm Beach folks weren't so smart), institutions, college endowments, pension plans and everybody else out of a reported 50 billion dollars! 3X what auto companies are asking for in a loan! Just a minor transgretion! He must be somehow entitled to perpetrate this scam and live higher off the hog than any of you or those overpaid auto workers! Where was the supply-sided SEC? they were winking too!
As if its all OK-just at it. Todays capitalism in action! Wallstreet will be Wallstreet! Boys will be boys! No wonder Macro is worried about his retirement-he should be-he has a giant bullseye in the middle of his back and this broken system is aiming their arrows right at the middle of the bullseye!
Your whole system is warped and the auto industries problems are the least of your concerns! Lets cut some more regulations-let make it all better!
Disclaimer: Nobody in my family works in the auto industry any more! Not since the 1970s. I have no personal vested interest in what happens other than the economy and the sanctity of our country!
Kutz