Comments on: The Big Three Bailout http://www.ritholtz.com/blog/2008/11/the-big-three-bailout/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 22:10:06 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: deanscamaro http://www.ritholtz.com/blog/2008/11/the-big-three-bailout/comment-page-1/#comment-125821 deanscamaro Wed, 12 Nov 2008 19:08:27 +0000 http://www.ritholtz.com/blog/?p=9152#comment-125821 I've had Toyota's for years, with no problems to speak of, except for the recalls (2 which didn't cost me a thing). I have a T-100 that has 150,000 miles on it; same thing. This is the final nail that can be put in the union coffin if these legacy companies go bankrupt and break those contracts. The Big 3 didn't care about pushing any designs that would help us in the future (limited petroleum resources cannot be denied), so why should they be bailed out now? This is a free market country that is becoming socialized and its a shame. I’ve had Toyota’s for years, with no problems to speak of, except for the recalls (2 which didn’t cost me a thing). I have a T-100 that has 150,000 miles on it; same thing. This is the final nail that can be put in the union coffin if these legacy companies go bankrupt and break those contracts. The Big 3 didn’t care about pushing any designs that would help us in the future (limited petroleum resources cannot be denied), so why should they be bailed out now? This is a free market country that is becoming socialized and its a shame.

]]> By: wunsacon http://www.ritholtz.com/blog/2008/11/the-big-three-bailout/comment-page-1/#comment-125810 wunsacon Wed, 12 Nov 2008 18:35:32 +0000 http://www.ritholtz.com/blog/?p=9152#comment-125810 Allocate "bailout" money to the "Pickens-Gore" plan for energy independence and infrastructure rebuilds. Give $25B to Tesla Motors and other startups. These industries will hire workers laid-off from other companies. Don't give our taxpayer money to the mismanagement morons in Detroit. "Give it" to ANYONE ELSE. Allocate “bailout” money to the “Pickens-Gore” plan for energy independence and infrastructure rebuilds. Give $25B to Tesla Motors and other startups. These industries will hire workers laid-off from other companies.

Don’t give our taxpayer money to the mismanagement morons in Detroit. “Give it” to ANYONE ELSE.

]]> By: jmborchers http://www.ritholtz.com/blog/2008/11/the-big-three-bailout/comment-page-1/#comment-125799 jmborchers Wed, 12 Nov 2008 17:58:39 +0000 http://www.ritholtz.com/blog/?p=9152#comment-125799 I think the market is very close to out of sellers. With all funds on CNBC announcing heavy cash positions who's left to sell? This works well for my book but I think I'm onto something here. I think the market is very close to out of sellers. With all funds on CNBC announcing heavy cash positions who’s left to sell?

This works well for my book but I think I’m onto something here.

]]> By: jmborchers http://www.ritholtz.com/blog/2008/11/the-big-three-bailout/comment-page-1/#comment-125796 jmborchers Wed, 12 Nov 2008 17:40:48 +0000 http://www.ritholtz.com/blog/?p=9152#comment-125796 Who whichever auto company goes BK first I'd buy from to support the US. I'm not happy with my Toyota. Who whichever auto company goes BK first I’d buy from to support the US. I’m not happy with my Toyota.

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