Thursday, December 11, 2008

CAR INDUSTRY EXPERT ED WALLACE

http://wbal.com/apps/news/templates/smith_show.aspx?articleid=15369&zoneid=14 ED wallace interview (4 segments) A MUST HEAR I AINT KIDDIN'


Listening to talk radio, Auto industry expert (talked to Congress) says if they dont get the money they need, he says $50B now $50B next year.....the fallout would be CATOSTROPHIC.....you got parts..glass, rubber etc etc.....our economy would GRIND to a halt.

WHat we might be left with is a CZAR? Detroit will make the cars AL Gore wants....not what the people will buy or want....force their GREENESS on us....this country is f'd!

This'll make you sick!

AIG 'Bonus' OutrageThursday, December 11, 2008CBS Early Show InvestigationInsurance giant AIG was given $152 billion in bailout money by the federal government since nearly collapsing. Now the company is planning to take millions of that money and hand it over to employees in a program that sounds a lot like bonuses.

A good downer today in the markets, UYG (financials) were poor performers all day, and the VIX held that support level I had talked about near 55

TRANS fell 5.5% ! this just a retrace of ongoing rally? damnifiknow

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