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Monday, 02/16/2009 7:43:27 AM

Monday, February 16, 2009 7:43:27 AM

Post# of 7196
What you are seeing unfold is an end to what the USA used to be and what the new global economy will make it to be.... The stinking, stubborn childish mindset of the UAW and its "members" did not help at all..

Glad I sold 90% of our GM stock weeks ago after some worrisome signs popepd up, and Ford is only solid car stock mainly because they are not tied to fed rules of TARP nor need them..

Until the US and global economy recoup though, everything will be slow growth and down and could well go into many years before normalcy and true costs are assessed from everything from overhyped homes prices to securities valuations...

Watch David Faber's "House of Cards" program and you will see what happened and what will occur because of fraudulently pumped up US housing prices for years and tricky loan programs associated to them forced by Feds, of which 50%, were sold to overseas investors.... You want to know why foreign investors have no interest in US markets; this program will show you why... This US fiasco has literally bankrupt cities across the globe trusting what Wall Street and US bankers were putting out there and lost all their monies invested!!!
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