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, April 3, 2009

A new MEME

I noticed a new MEME in the media in regard to the GM Auto Bail out.

it was the idea that Obama has to play Brinkmanship with the bondholders/union/management. and that he may have to play this to the brink, because without a belief of the parties that the administration won't blink. They won't give up their quest to Milk the government Tit.

Which suggests that we should have information risk on this all the way to the brink and beyond on the GM Bailout.

on another note I heard someone say "Do you think that if this was Toyota, or Honda that the Japanese government wouldn't do everything they can to Make that MFG sector work, and that they wouldn't be behind them 100%. They know that Auto MFG is Very important." and yet isn't it this kind of tough love that they need.

have to love OBAMA

No comments:

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc