Import Auto Inventory piles up

Cars and trucks are piling up on the west coast and importers are looking to lease extra storage space as sales are non-existent and no one wants the things.  Methinks they hope and wait for Detroit’s failure. This morning, shares of General Motors and Ford have taken even bigger hits and are now “virtually worthless”. [...]

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Toyota to "Delay Production" at Blue Springs Plant

CNBC has just reported, 12:05pm CST, that Toyota plans to delay production at it’s new Blue Springs plant in Mississippi.  I’m looking for further details……. Will the poorest state in the U.S. still be on the hook for all the bonds and loans, YES. What’s the old saying, “the devil fools with the best laid [...]

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Broad Consensus forming around Healthcare reform

What better time for this to happen than right in the middle of one of the country’s worse financial droughts in history.  The benefits to business and American manufacturers would put them back on a more even playing field when competing against countries which have National Healthcare.  Relief from the administrative costs alone, would cut [...]

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Feds Hiding 2 trillion $$ in Secret Loans to Banks

“Although the price tag on the Treasury Department’s Troubled Asset Relief Program is $700 billion, the full amount that the government has invested in its rescue effort for struggling financial institutions appears to be closer to $2.5 trillion. Bloomberg L.P., the parent company of Bloomberg News, said last week that it filed a lawsuit seeking [...]

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Throw traitor Lieberman to the sharks

Let him caucus with the Republicans and even vote with them if he likes. The Dems aren’t going to get to the magic 60 number anyway, with or without him. Yes, let him vote with the Republicans and see where that gets him with the good people of Connecticut who voted for Obama, 60% to [...]

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