GM Loses Another $9.6 billion, Wagoner Runs Back to Washington

I’m confused. Did I miss something? Why are we still supporting GM? To save jobs? I see the humanistic cause, but it is not a good long term plan. As we speak, people’s 401(k) plans and investments continue to melt. Why not ask these hard working, able-body employees to apply to another, more sound company? [...]

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Would a GM Bankruptcy Save the US Money?

I would say the answer here would be “yes”. Maybe the better question is, how wouldn’t it save the tax payers money and our government time and effort?
Edward I. Altman, the Max L. Heine professor of finance at New York University’s Stern School of Business, has done some extensive research on the subject and presents [...]

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Stimulate Your Wallet, With Facebook!

Today’s post is short for two reasons. First, it’s Monday and I know all of you bloggers and readers have better things to do… right? Second, I’m angry because I do not have cable and could not see the Grammys last night.
So I’m a fan of Facebook, and no doubt you are too. Catch up [...]

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Don’t Put Restrictions on These Guys!

I know Larry, Curly and Moe over here to the left look (and act) like idiots, but it doesn’t mean we should stop the circus. The show must go on. Right? I mean, if they want to take tax payers’ money and gobble it up for personal use instead of investing it in their own [...]

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Wall Street Execs are Morons, but We Need to Criticize Obama Too

I don’t know what’s worse: Wall Street execs giving themselves $20 billion in bonuses with bail out money, or Obama looking and feeling horrible with what this looks like (I can’t use the word idiot with him, yet. The time will come). They’re taking the cash and shoving it where the sun does shine: their [...]

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