Bailout Bull

[NYUK]

very interesting thread guys, i mean about the stocks. keep it going. i would be interested in the stocks you think will pay out once we pull through this shit. what about oil? you know this shit ain`t gonna stay this low. it will probably level off around 3 bucks or so a gallon.

[Mjv420]

stock prices are crashing on even the most successful companies for no good reason besides the overall economy. If you have the money to invest in the coming weeks/months do your homework first, you can make alot of money in the long run :biggrin:

 

Well yeah you will make alot of money buying these shares cheap and then whatch them all skyrocket, the only problem is that you dont know when the market is going to turn around. I had a little over 20k in stocks and i've lost around 6 or 7k since the finacial crisis. I know this doesn't sound like much to some of the bigger guys but god damnit its still quite a bit of loss for the amount of time that elapsed.

[caddyman]

very interesting thread guys, i mean about the stocks. keep it going. i would be interested in the stocks you think will pay out once we pull through this shit. what about oil? you know this shit ain`t gonna stay this low. it will probably level off around 3 bucks or so a gallon.

Two that I think will ALWAYS be a good investment are medical stocks, and oil. If you can afford oil stock anyways. Geneally very high dollar oil is.

Think of things that are always going to be around........people are always going to be getting sick, I own alot of Johnson & Johnson. Oil would be another, but they are like I said tipically expensive. My wife is a Daibetic on an insulin pump......which is made by Medtronic. Which is next on my to purchase list.

[NYUK]

i am a pressman for rr donnelly and sons a fortune 500 company. we print for all the huge name pharma co. and banks. i can tell you our 2 biggest accts are astra zeneca and jp morgan chase. neither are hurting because of the economy.they are blowing out massive ammounts of commercial print.

[Meat]

http://www.youtube.com/watch?v=-XM5hgUMUjg

[Tapatalk]

Insider stock tip coming right up :thumbsup:

 

Commerce bank corp is buying first republic and forming metro bancorp which will be a us based bank called metro bank. when that stock symbol goes on the market buy it. early 09 is the word :wink:

 

my neighbor knows the owner of commerce bank corp and gave him the details today. This guy is loaded and buys small million dollar banks and turns them into billion dollar banks. just type in 'vernon hill metro' into google for the links on the story.

 

one for the "watch list" :woot:

[locogato11283]

yo, what were you gonna email me?

[Tapatalk]

tradeking.com link

[BellicoseBanshee]

Made a few moves lately, we will see how it turns out...

 

Whenever I throw my hat in at times like this, I make sure it is money I can afford to loose if I bomb out! :biggrin:

[brian]

The economy is going to be bad for a while. If we don't bail out the automakers, the shits going to hit the fan. If the dollar collapses, its all over. We'll be battling in the Thunder Dome by 2010.

Hell yeah. I believe that the economy is screwed anyway.

The congressional bunch was looking into whether or not to bail out the automakers right before AIG and others

got their multi million dollar bail out money (gifts). I believe that they were finding that there wouldn't be enough left for the automakers.

 

A quote from a news report reads :

"With lingering troubles at AIG and other firms, the federally-sponsored Wall Street bailout, initially priced at $700 billion to save a host of troubled mortgage lenders, investment banks and firms, now appears to be only the tip of the iceberg.

When combined with other government relief efforts, the figure climbs close to $2.5 trillion, according to Bailout Sleuth, a website that is tracking the funding.

Fannie Mae, which was seized by the federal government and placed in a conservatorship Sept. 6 along with Freddie Mac, said it might need more than the $100 billion in funding originally pledged by the U.S. Treasury to stay alive."

 

Sad that we dont have the funds to help those that could impact us the most.

 

They should have given all the bailout money to US familys.

700 billion would have meant aproximately 300k to each taxpaying family.

We all would have paid off our mortgages, auto loans, other debts, and most would have had enough left to bank.

That would have really flooded the economy with cashflow and all the little guys would be in a better place too.

Instead we gave away all that money to those that F_CKED us in the first place.

 

I'm just saying enough is enough !!!!!!

Why the hell don't we imprison the crooks that did this, reclaim their ill-gotten proceeds, and use that money to correct this problem first ?

[Meat]

Its hard to express how bad this whole economy is now and is going to continue to be. My stock market fun started in 1994. Two guys from work were making a lot of money in mutual funds. I learned everything about the stock market and I started like the guys at work with a coupla mutual funds. The Clinton 90's was a bull market run of epic proportions. Happy Days :smile: . The market did so good in the 90's that in '97 I quit my job and traded stock at home till July 2000. I would day trade stock and I would do a lot of short term trading. All at Scottrade BTW.

 

Year 2000 and the internet & technology bubble burst, 9\11 attacks,2 wars and the inept Bush administration all made it very tough on stock market investors. This shitty stock market the past 7 years had some good small rallies, but overall Bush's whole term was a loser for the stock market. Money was to be made, but mom and pop's 401K went south and sideways for most of the last 7 years. :sad:

 

Now add to the mess... 25 year high in unemployment, a nearly worthless currency and we have banks, a huge insurance company and all three automakers going bankrupt. This bail out stuff is just so damn complicated, only economic professors and scholars can really know what to do. Everyones gut feeling is "fuck em, let em go bankrupt", but I'm telling yas, if the big three automakers don't get bailed out, all hell is going to break loose. Forget about mid '09 bull market. If they do bail em out, hell is also going to break out. I don't see any substantial bull markets any time soon... when the fed prints more dollars to pay for bailouts it effectively de values the dollar.... Our dollar is backed by NOTHING. Its actually backed by govt bonds or some bullshit like that, but if the dollar collapses its game over. We're Mexico for the next 10 years. Everyday people are losing homes. The ripple effect of the big 3 automakers going out of business would be hard to imagine. Imagine the tax revenue lost from the big 3 ...... and also lost from every industry that services the big 3. people all over the country lost 20% to 50% in their 401k and stock investments the past two months.

 

 

Iv never seen anything like this. I hope the guys in charge know how to fix this. If the dollar would collapse, it could be replaced with a north american currency similar to how the Euro works. People scoffed at the notion of the Euro in the early 90's, but it happened.

 

I say no to bail outs. Let em fall. Let the economy explode. We'll just have to free fall for awhile and rebuild it right the next time. America needs to be the next world leader on a world economic need. Like we led the computer revolution we need to lead the next revolution. I think "energy technology" leadership might be the correct step for the USA. :shrug:

 

Could we could see the collapse of the federal govt ? I doubt it, but.... ya never know

 

Prepare to do battle in the dome. :ninja:

[caddyman]

Prepare to do battle in the dome. :ninja:

I'm fortifying my house as we speak, meat.

I agree with you......let em fall, and rebuild it better. I don't think we will see the end of the crash for at least another year......maybe longer. The real estate market has yet to hit bottom, close, but not yet. When the dollar dies, the stock market's next, then the real estate follows. It is a BAD situation, but what can we do??? If we get another stimulus check, ha! Most people are going to pay bills with it.......The last one, I bought a 47' LCD, next one.....I'll put away.

Right now best thing we can do is keep working, investing what we can, ect. And just servive. I just got a big settlement......so I'll be good :biggrin:

[Chariot Performance]

I hate to soil my brand name by replying in the fashion I am about too but this isn't about atv stuff so here goes! Let em fail is a bunch of crap. We bail out crooked financial companies without owning them-that is crap. We should have let them go bankrupt and the govt then provide funds for 100% taxpayer ownership. Screw the crooked financial insititutions-we should own them.

 

As far as the auto companies go we would be loaning them money not giving them money like the financial institutions. The drive seems to be-blame the failure to be profitable on high wage costs. They were very profitable before the economy started to puke after 9-11 with the same wage costs. Yes they could be profitable again if they screw the employees out of their pensions and wages. It is a public company and both stock owners and employess should be treated with consideration as owners. They both finance and build the company. What has changed that wages now cost profitability? Too many people are buying foreign cars and not supporting american made cars. Don't tell me that foreign cars are cheaper or more fuel efficient or higher quality because they are not!!! Don't tell me honda is american because some of their cars are made here-the money leaves here.

 

The fault has to lay with the management of these companies. They should market "buy american" and haven't ever. They should stress the equality of their vehicles to foreign and they don't.

 

If the auto companies have to file bankruptcy because of wage costs then prove it and do it. I believe the only fair thing to do is to have a unique bankruptcy in which stock holders are given first choice to repurchase stock at same price then let market make money for them. Employees who give up pension wages etc should get first run at all profits above necessary to operate. If the company goes bankrupt then all of a sudden are making 15 billion a year in profit then the bulk of that should be divided among the employees who gave up benefits. What bankruptcy amounts to is employees giving up say 50% of benefits when to be profitable they only needed to give up 20%.

 

Either way the rich will get richer and the employees will get screwed.

[Tapatalk]

I hate to soil my brand name by replying in the fashion I am about too but this isn't about atv stuff so here goes! Let em fail is a bunch of crap. We bail out crooked financial companies without owning them-that is crap. We should have let them go bankrupt and the govt then provide funds for 100% taxpayer ownership. Screw the crooked financial insititutions-we should own them.

 

As far as the auto companies go we would be loaning them money not giving them money like the financial institutions. The drive seems to be-blame the failure to be profitable on high wage costs. They were very profitable before the economy started to puke after 9-11 with the same wage costs. Yes they could be profitable again if they screw the employees out of their pensions and wages. It is a public company and both stock owners and employess should be treated with consideration as owners. They both finance and build the company. What has changed that wages now cost profitability? Too many people are buying foreign cars and not supporting american made cars. Don't tell me that foreign cars are cheaper or more fuel efficient or higher quality because they are not!!! Don't tell me honda is american because some of their cars are made here-the money leaves here.

 

The fault has to lay with the management of these companies. They should market "buy american" and haven't ever. They should stress the equality of their vehicles to foreign and they don't.

 

If the auto companies have to file bankruptcy because of wage costs then prove it and do it. I believe the only fair thing to do is to have a unique bankruptcy in which stock holders are given first choice to repurchase stock at same price then let market make money for them. Employees who give up pension wages etc should get first run at all profits above necessary to operate. If the company goes bankrupt then all of a sudden are making 15 billion a year in profit then the bulk of that should be divided among the employees who gave up benefits. What bankruptcy amounts to is employees giving up say 50% of benefits when to be profitable they only needed to give up 20%.

 

Either way the rich will get richer and the employees will get screwed.

 

 

 

Right on, somethings wrong when 750,000 cars are imported into america and only 7,500 are going out. And its the employees pay rate thats the problem? I dont buy that for a half a second. There was a story on the one nissan or honda plant in alabama the other night. The workers make $14 an hour and have no retirement or healthcare benefits and that comapny is also down like 25 to 30%. Maybe we should cut there pay too.

 

Somethings wrong when american politics encourages american companies to move over seas for cheap labor and tax breaks where workers have zero rights because US multinationals exert pressure to prevent them.

 

On top of that, we are in borrowing off the chinese to buy their products and foreign oil from other countries. All this and we wonder why the big 3 are in trouble and thousands of factories have closed in america costing millions of jobs and the economys in the shape thats it in? Its not rocket science. Just look at all the shit in your house and on your back. Where was it made?

 

I'd bet my banshee it wasnt in the USA. We have sold out and dare I say Bush sold us out

 

 

I'm a union guy and for years tried to buy everything "made in america" and we have had many discussions in union meetings about this. Today, its almost impossible anymore to find a product made in america. Our microchips have become potato chips as I read somewhere :biggrin: .

 

America needs to start all over again and the old "buy american" slogan has to be put back out in the public in a big big way.

 

Some good articles

[locogato11283]

I hate to soil my brand name by replying in the fashion I am about too but this isn't about atv stuff so here goes! Let em fail is a bunch of crap. We bail out crooked financial companies without owning them-that is crap. We should have let them go bankrupt and the govt then provide funds for 100% taxpayer ownership. Screw the crooked financial insititutions-we should own them.

 

As far as the auto companies go we would be loaning them money not giving them money like the financial institutions. The drive seems to be-blame the failure to be profitable on high wage costs. They were very profitable before the economy started to puke after 9-11 with the same wage costs. Yes they could be profitable again if they screw the employees out of their pensions and wages. It is a public company and both stock owners and employess should be treated with consideration as owners. They both finance and build the company. What has changed that wages now cost profitability? Too many people are buying foreign cars and not supporting american made cars. Don't tell me that foreign cars are cheaper or more fuel efficient or higher quality because they are not!!! Don't tell me honda is american because some of their cars are made here-the money leaves here.

 

The fault has to lay with the management of these companies. They should market "buy american" and haven't ever. They should stress the equality of their vehicles to foreign and they don't.

 

If the auto companies have to file bankruptcy because of wage costs then prove it and do it. I believe the only fair thing to do is to have a unique bankruptcy in which stock holders are given first choice to repurchase stock at same price then let market make money for them. Employees who give up pension wages etc should get first run at all profits above necessary to operate. If the company goes bankrupt then all of a sudden are making 15 billion a year in profit then the bulk of that should be divided among the employees who gave up benefits. What bankruptcy amounts to is employees giving up say 50% of benefits when to be profitable they only needed to give up 20%.

 

Either way the rich will get richer and the employees will get screwed.

i agree, the banks should not have gotten any money. but i disagree about giving the automakers anything. they made shit this way, now they should have to deal with it.

 

screw the employees?? are you out of your mind. some of those employees are making $73 an hour. thats fucking ridiculous. those jobs do not require someone to make that kind of money and its no wonder now why american vehicles are so high priced. i say fuck the automakers and their over paid employees.