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Surely he jests about this? The year 2010 would be an unbelievable opptimistic perspective, wouldn't it?

WE will be lucky if this whole thing bottoms out by 2010 . . . there is a lag time involved with all of those falling dominos (business bankruptcies) and then unemplyment problems. 2010 sounds to be unrealistically "optimistic". Nothing happens "overnight" in economic recoveries . . . that is a slow drawn out process, especially when we are looking at a two year EXCESS INVENTORY of housing.

How much does thi GEM get PAIG to bull shit

There will be no bankruptcies at the Detroit big three, in the end Chrysler will be owned by G M.
The 2 companies will be streamlined down to a lean machine under a new presidency. The union will make concessions where needed, in the end GM will be the world leader in automotive production well ahead of Toyota, and its stock will be in the 50 dollar range or higher.
You just have to ask yourself, do you feel lucky ?

CNBC is reporting that if the auto industry falters there could be a staggering 2.5 to 3.5 million American jobs lost. Now, you may not care much for American automakers, but that type of massive layoff would be felt even by you. The economic damage would be catastrophic. Everyone! Every single one of us should always be prepared for a layoff. CASH! Piles of cold hard cash is the best way to weather the current economic situation. I discovered one of the best books you'll ever find about finance, "How to Become Filthy Rich on Your Current Income" at www.how-to-become-rich.com. If people read books like this one we would not have the current situation we do.

The foreclosures might not bottom out until after 2010. We must understand this is a big mess this country is in right now.

Finally someone tells it like it is. No political BS. Bush get off the can and do something finally.

recession till 2010, who cares im not participating in it, im doing just fine and it will take more than them going bankrupt to harm my lifestyle, let them go bankrupt, who cares

The are 10,000 economists in this country. It is common sense that at any one given point a few will be correct in their prognostications. That the recession may last into the year 2010 is like forecasting snow in Buffalo during the winter.

Who Owns the New York Federal Reserve Bank? Each of the twelve Federal Reserve Banks is organized as a corporation in much the same way as many other firms. However, Gary Kah in 1991 claimed foreigners intent on global economic and political domination own a controlling interest in the shares of the New York Federal Reserve Bank. “Swiss and Saudi Arabian contacts,” according to Kah (p. 13), identified the top eight shareholders as Rothschild Banks of London and Berlin, Lazard Brothers Banks of Paris, Israel Moses Seif Banks of Italy, Warburg Bank of Hamburg and Amsterdam, Lehman Brothers of New York, Kuhn, Loeb Bank of New York, Chase Manhatten Bank, Goldman, Sachs of New York

I do not think that america realizes what a mess they created for the whole world.
All i see is the worry for there own behind
that they brought the whole world into a bad situation nobody seems to care. NO wonder the world hates you, it is self explanatory and you sadly created your own downfall.

Most of you who are bashing the auto industrie and are waiting for it to fail are the dumbest people i have ever seen.
DON'T you realize what you are talking about 2-3 mill jobs and it will effect ALL OF YOU if you like it or not. The bust of Wall Street is the same story YOU ALL be hurt regardless if you had money in the street or not.
LOW IQ AMERICA

Dear Autoworker's Union UAW,
Your days are over. You cant pick one of the big three and strike. You deny that you pulled these companies under and still wont make any sacrifices to keep them opem. Goodby 12 week vacations, 80-90% pay without working. Lets see who really is American now.

First OF ALL you have big mortgage resets in 2 years housing will take 5 more years to clean up all the inventory . housing will go up in 2018 its a disaster now . Gm will fail no matter what they do unless the union is busted . GM IS A BIG MONSTER losing billions its out of control and will never ever be saved . We are in a depresion now but the government wont tell you that they want everything to look good but its not ! They are playing games with the stock market trying everything on earth to keep it over 8000 . I see a big bust coming soon we may go to the 6000 range or lower in the next quarter or 2 .

I'am like many others, we are sick and tired of the lies from washington. We can't trust anyone. We have been lead down the road of no return, with lies, coverups, corruption, deception from Wallstreet, Congress and the White House. Enough is enough!

Does this make sense? Regardless of the big three going BK or not, the UAW wages, pensions and benefits are going to be slashed to lower operating costs. Combined with production cutbacks, UAW members and suppliers are going to end up with with either dramatically lower wages and benefits or no wages. It seems to me that the economy is going to take a big hit from this no matter how it plays out.

I'm tired of all the belly aching moaning I read on messages. You all are pathetic. Helping kill off one of the few American owned and operated industries left in America. STFU already before everything in America is owned by Japan and China. Save America, fund the AMERICAN auto industry. Let's all send Bush and Republicans shoes for their great economy!

Gloom and doom...replace Washington and thier left wing friends.

WHAT YOUR NOT MENTIONING IS THAT AMERICANS AREN'T GOING TO BUY THOSE GAS GUZZLERS ANYMORE. SO WHY BAIL THEM OUT. GOOD MONEY AFTER BAD.... NO BAIL OUT !!!!

BUY UNION...BUY AMERICAN !!

LONG LIVE THE FORD