Disqus - Latest Comments for Jason

Re: Ben Bernanke Agrees With Congress: Second Economic Stimulus Package Would Help

Jason — Mon, 20 Oct 2008 15:35:07 -0000

Bailout this Bailout that...Where does the money come from in the so called global financial crisis. Have you looked into who owns the U.S. debt?

Re: Yet another reason why Big Auto is failing

Jason — Thu, 20 Nov 2008 13:22:58 -0000

How much time is lost by the GM representatives when they have to check in for a flight two hours early, or when the GM representatives are not to talk about business during the flight due to insider trading concerns?

The question is what is lost? When 12 people fly on a private jet it costs about $20,000. When 12 fly commercially to DC it costs about $12,000. Is a $8,000 savings worth the time lost?

Isn't it really worth it in the long run?

http://nomedals.blogspot.com

Re: Credit Default Swaps: A blind date goes wild

Jason — Fri, 10 Oct 2008 14:15:07 -0000

The Credit default swaps market represents $16.4 trillion. The $700 billion bailout represents 4.31% of the total market. http://nomedals.blogspot.com

Re: http://mrontemp.blogspot.com/2008/11/romney-auto-industry-and-short.html

Jason — Thu, 20 Nov 2008 15:12:23 -0000

For those GM employees concerned about their retirements don’t fret the Pension Benefit Guaranty Corporation (PBGC) protects the retirement incomes of nearly 44 million American workers including those at GM.

The only problem is that the taxpayer is the Pension Benefit Guaranty Corporation. Keep GM and its employees working or pay for their retirements.

http://nomedals.blogspot.com

Re: Way to Go, Senator Tester

Jason — Wed, 03 Dec 2008 00:24:59 -0000

Ford Motor Co., Detroit's says it's OK for now. Although it is seeking up to $9 billion in bridge financing, but says it hopes to complete turnaround without accessing the loan should Congress agree to make the funds available. But it wants the ability to access up to $9 billion in government credit. They also said that if GM fails it could take the entire domestic auto industry down with it.

So FORD needs GM?

<a href="http://nomedals.blogspot.com " target="_blank">http://nomedals.blogspot.com

Re: Senate to Auto Industry: No Bailout for You

Jason — Fri, 12 Dec 2008 13:32:43 -0000

General Motors had offered buyouts to all of its 74,000 U.S. hourly employees. [5] Those workers could have elected to take a lump-sum payment of $45,000 or $62,500, depending on their job description, and retire with full benefits. [6]

Republican Sen. George V. Voinovich of Ohio, a strong bailout supporter, said the UAW was willing to make the cuts - but not until 2011.

http://nomedals.blogspot.com
is were citations are posted

Re: Overview of the Emergency Economic Stabilization Act of 2008 - Kevin Bondelli’s Youth Vote Blog

Jason — Tue, 30 Sep 2008 16:27:38 -0000

Even the Financial Accounting Standards Board’s couldn't figure out how to deal with the mark-to-market accounting shortly after the Enron debacle. Even the Arthur Andersen accounting firm had problems with it which led to its failure too. Enron filed for bankruptcy 2001. The Financial Accounting Standards Board’s has had 7 years and they did nothing. nomedals.blogspot.com

Re: I'm Not Telling

Jason — Mon, 10 Nov 2008 19:31:36 -0000

The Fed is transparent in that it is subject to the oversight of
Congress. Is twice a year not fast enough? The intent of Congress in
shaping the Federal Reserve Act was to keep politics out of monetary
policy. Legislation requires that the Federal Reserve reports annually
on its activities to the Speaker of the House of Representatives.

http://nomdeals.blogspot.com

Re: Enterprise Software Gets Credit-Crunched

Jason — Tue, 07 Oct 2008 14:11:13 -0000

Do you have a Private mortgage insurance (PMI) policy? If you do your PMI insurer has passed along their risk by buying a credit default swaps (CDS) to protect them in the event you have your home that your home is taken away from you. CDS and PMI are the same thing. Make people wanting to buy a home put at least 20% down if you don't like them. nomedals.blogspot.com

Re: The OCC

Jason — Mon, 29 Sep 2008 13:52:07 -0000

So when people hedge by using derivates and then saw the oil drop $50 per barrel did they think about looking down another barrel? nomedals.blogspot.com

Re: iPhone: Google Mobile Voice Search

Jason — Wed, 19 Nov 2008 09:02:18 -0000

The UAW needs a little tough love. It derailed the Cerberus deal at Delphi. Today GM suffers a loss of about $2,000 per vehicle sold. On the other hand Toyota whose employees are not part of the UAW earns a profit of about $1,200 per vehicle sold. If GM was able to operate with labor prices near Toyota’s it would have pocketed an additional $29,715,200,000.

GM bailout nonsense

Re: PPT “President’s Commission on Working Capital Markets”

Jason — Thu, 25 Sep 2008 18:56:52 -0000

Have you looked who stands to gain the most from these bailouts? The Federal Reserve System. nomedals.blogspot.com

Re: Understanding the Mess We’re In

Jason — Tue, 07 Oct 2008 13:39:46 -0000

Re: Bernanke Gets Behind 2nd Stimulus Bill

Jason — Tue, 21 Oct 2008 13:16:03 -0000

Foreign ownership of the national debt is as of July 2008 $2.7 trillion. The balance is held by Intragovernmental Holdings and Debt Held by the Public. Where does the money for all these bailouts and stimulus program come from?

http://nomedals.blogspot.com

Re: The Best Explanation so Far for Paulson’s Bailout Behavior

Jason — Mon, 17 Nov 2008 13:53:35 -0000

What do we really expect? Congress gave Paulson authority the authority to do as he decides is important. Congress has failed us again just like they did during the run up to war. As usual they are PASSING THE BUCK.

http://nomedals.blogspot.com

Re: Auto Execs Fly In Style, Then Beg

Jason — Thu, 20 Nov 2008 13:24:32 -0000

Re: Bigger Than Detriot’s Fate

Jason — Thu, 20 Nov 2008 13:59:39 -0000

For those GM employees concerned about their retirements don't fret the Pension Benefit Guaranty Corporation (PBGC) protects the retirement incomes of nearly 44 million American workers including those at GM.

The only problem is that the taxpayer is the Pension Benefit Guaranty Corporation. Keep GM and its employees working or pay for their retirements.

http://nomedals.blogspot.com

Re: Obama to Name New Economic Recovery Team

Jason — Wed, 26 Nov 2008 18:59:30 -0000

What is wrong with giving the American household a check for $13,000? The $13,000 would do much better in the people’s hands. The $13,000 is less than the government is spending on the original bailout and the new proposed $800 billion. If an economic advisory board cannot put the people before their selfish reasons something is very wrong. If the people had the money they would spend it and then jobs would be added, manufacturing would grow, and last but not least the states would gain money in the form of sales taxes not to mention the added income taxes from the extra workers.

http://nomedals.blogspot.com

Re: For Automakers, $25 Billion Is No Longer Enough

Jason — Wed, 03 Dec 2008 12:34:36 -0000

Re: Bailout fails — Move on to mark-to-market reform

Jason — Tue, 30 Sep 2008 16:20:04 -0000

Re: Bernanke testifies on possible fiscal stimulus package

Jason — Mon, 20 Oct 2008 15:49:24 -0000

Bailout this Bailout that...Where does the money come from in the so called global financial crisis. Have you looked into who owns the U.S. debt?

http://nomedals.blogspot.com

Re: Fannie Mae Nine Years Later

Jason — Wed, 01 Oct 2008 21:16:32 -0000

To keep up with Wall Street expectations, Fannie Mae held onto more mortgages and mortgage-backed securities for investment purposes. The same practice nearly drove the company into bankruptcy in the early 1980s. Once again it was spared in 2008.
nomedals.blogspot.com

Re: Paul Broun, Georgia GOP Rep. Says Barack Obama Will Establish Gestapo-Like Security Force To Impose Marxist Dictatorship

Jason — Tue, 11 Nov 2008 10:38:25 -0000

The Fed is transparent in that it is subject to the oversight of Congress. Is twice a year not fast enough? The intent of Congress in shaping the Federal Reserve Act was to keep politics out of monetary policy. Legislation requires that the Federal Reserve reports annually on its activities to the Speaker of the House of Representatives.

http://nomedals.blogspot.com

Re: Financial Criminals Show Themselves

Jason — Mon, 27 Oct 2008 15:14:35 -0000

Today the value of the Gold held is the US is worth $210,585,164,529.42 at today's prices. The rest of the world's holdings are $561,554,397,491.24

http://nomedals.blogspot.com

Re: Ford’s new restructuring plan

Jason — Wed, 03 Dec 2008 12:26:27 -0000

Re: Congress to Vote on Automaker Bailout, Likely to Fail

Jason — Wed, 19 Nov 2008 08:18:24 -0000

Re: Congress to Vote on Automaker Bailout, Likely to Fail

Jason — Wed, 19 Nov 2008 10:36:17 -0000

Toyota knows that unions today kill companies. Unions had a purpose today they have out lived their usefulness. I live about 20 minutes from Flint Michigan where the unions started. I have family that works and has worked for GM. One of them wipes excess sealer and he makes $44 before all the benefits he gets. I don't want to see GM close its doors but until they bust the Unions strangle hold on it. GM will have to close its doors. Another family member works at a non union parts maker and makes $19 per hour plus benefits.

Re: Epic Failout and Thoughts On Moving Forward

Jason — Tue, 30 Sep 2008 16:21:00 -0000

Re: For Taxpayer’s Sake: Buyout Don’t Bailout General Motors, Ford and Chrysler

Jason — Tue, 18 Nov 2008 19:59:30 -0000

Today GM suffers a loss of about $2,000 per vehicle sold. On the other hand Toyota whose employees are not part of the UAW earns a profit of about $1,200 per vehicle sold. If GM was able to operate with labor prices near Toyota’s it would have pocketed an additional $29,715,200,000.

http://nomedals.blogspot.com

Re: Financial Crisis Leaves Few Countries, ETFs Untouched

Jason — Fri, 24 Oct 2008 14:28:04 -0000

History tells us that if the US enters recession the rest of the world will follow, but the US will be the first to emerge from a recession.

It isn't the end of the world as we know it. YET!

http://nomedals.blogspot.com

Re: The Enterprise Soft Spot, er, the Enterprise Email Crisis

Jason — Thu, 09 Oct 2008 14:29:24 -0000

The 2008 farm bill in the US caused the economic crisis.
http://nomedals.blogspot.com

Re: Paulson's failure

Jason — Mon, 17 Nov 2008 08:47:02 -0000

http://nomedals.blogspot.com

Re: A deeper look into Fannie Mae

Jason — Wed, 01 Oct 2008 21:45:10 -0000

Re: Selling the President - the Biggest Marketing Campaign in History

Jason — Mon, 03 Nov 2008 13:38:58 -0000

I am not going to vote for McCain or Obama. I will vote for a third party candidate in hopes that my vote will help create a viable third party. Both candidates say that they are not going to raises your income taxes.

…………………INCOME TAXES………………

What about the taxes that the big evil corporations pay?

They are just passed to the consumer.

…………WE ARE THE CONSUMER! …………

They all grow government at any cost to the taxpayer.

http://nomedals.blogspot.com

Re: Mitt Romney: Let Detroit Go Bankrupt

Jason — Thu, 20 Nov 2008 14:36:33 -0000