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  • Wall Street Breakfast: Must-Know News
    repper ~

    does not the weight of health care and the retirement population within the industry lead to a lack of the ability to invest in R&D and therefore reduce their ability to become nimble?

    You can't save the Titanic with a hot air balloon.
    Nov 12 17:27 pm |Rating: 0 0 |Link to Comment |View article
  • Wall Street Breakfast: Must-Know News
    axelrod ~

    my comments were meant to stir thought. They may be the largest factory employing industry in the nation, but therein lies the problem. The fat ones can't move, and maybe they need to fail to stir productivity and efficiency. We all know that we are not near the deepest part of the bottom, and it will be time before we reach it.

    You are correct in that they do not need fish, but need to learn how to fish. Unfortunately, you know it as well as I do, that will never happen. Listen to the song Fat Man, it is the perfect analogy for the big three. Big corporations are obese, and the big three are the fattest of them all. You have to be nimble in this economy, and for the next few years if not the next decade or two. They just ain't got it.

    Gas will not stay below it's current value. It just is not going to happen. All Venezuela or Iran has to do is sponsor terror attacks on ports and pipelines and you will see oil at 120. It is all timing, nothing is going to happen until after the Obama adornation.

    But wait, maybe we could nationalize the car industry and the banking industry . . . Thanks Paulson, way to change the rules at whim! This is going to be fun!
    Nov 12 12:45 pm |Rating: 0 0 |Link to Comment |View article
  • Wall Street Breakfast: Must-Know News
    I am so curious about this auto maker deal. Since global warming is such a huge issue, and the comments recently from the dem side of the isle indicate the demand for more expensive energy, why bail them out? Their infrastructure is dated and they don't produce green elements?

    Pelosi is fighting herself her, and it would seem prudent to enact legislation that would cause the industry to fail so it could be replaced by a more efficient industry. Similar to Obama's comments on the coal industry.

    I just don't get it. I guess the union and their pensions are more important to them.
    Nov 12 08:31 am |Rating: +3 0 |Link to Comment |View article

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