1-My daughter has several friends who work at the Johnson Space Center and she was concerned that Obama's closing down the Constellation project would cost some of them their jobs. Looks like John M. is the first of them. Now what was that about Obama's plan which would create more jobs?
2-If Spirit Airlines wants to set up a series of extra charges for luggage based on online reservations at one price, somewhat higher if checked in curbside, another jump at a self serve kiosk and the final one at $45 if customers wait until the last minute and check it in at the ticket counter or whatever that final point is, isn't it their business? If they lose customers and lose money and their stock goes down and ultimately they change back or go out of business, isn't that what capitalism and competition is all about? Someone should tell Chuckie Schumer to get the heck out of the way!
3-So GM has paid back the loan in full. The Government still owns 60% of the company? And how much do the unions own? I can't help wondering when the other shoe is going to drop. It reminds me a little of when Chrysler had a government loan which Lee Iococca paid back early. The dirty little secret on that one was that he used all the available cash while stiffing the small suppliers by making them wait over 60 and 90 days to get paid and many of them went out of business because they just didn't have the capital to make it through lengthy waits.
Are they really thinking that people are going to buy stock in that company? After stockholders taking the huge losses last year who in their right mind would do such a thing? Maybe if they gave a credit equal to the loss? We just might consider buying a GM car again.
This just isn't my father's America any more--
We need His help, God bless.........
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment