Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Friday, December 12, 2008

Unions

I'm an old school blue collar democrat, so that I fall on the side of the unions...

I'm just qualifying.

But why would you have a union if they are going to get a "Non-Union wage"... why would you exist if you can only get the non union compensation.

That the Senate doesn't get that as the UAW, you are better to force them into chapter 7 instead of chapter 11 where you can get a "SuperSenior Debter"

And that the UAW was going to play brinkmanship with the senate and the automakers. Why not just let them go to liquidation and have toyota come in and take them over.

If you are going to lose, why be the guy on the bottom of the pool that everyone else pushes down to keep them up.

and if the UAW has to be on par... what about management, I don't hear that being part of the agreement.

It's funny, Kudlow knew what I knew yesterday it just wasn't going to happen.

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