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Strategies & Market Trends : Galapagos Islands

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To: SmoothSail who wrote (56662)11/20/2008 6:15:39 PM
From: Jorj X Mckie  Read Replies (1) of 57110
 
Toyota has shutdown at least two plants in the US this past year. It wouldn't take any retooling as they aren't going to be selling GM cars, they would sell more toyotas. So it is simply opening new plants and hiring more bodies.

everybody wants a bailout. That's a classic indication that it's the wrong thing to do.

Remember the scene in "Scent of a Woman" where Col Slade defends Charlie?

Lt. Col. Frank Slade: Now I have come to the cross-roads in my life. I always knew what the right path was. Without exception, I knew, but I never took it. You know why? It was too damn hard. Now here's Charlie. He's come to the cross-roads. He has chosen a path. It's the right path. It's a path made of principle that leads to character. Let him continue on his journey.

The right path is too damn hard.....but we should take it and not do the easy thing, which is the bailout.

and here's why:

Lt. Col. Frank Slade: I don't know if Charlie's silence here today is right or wrong; I'm not a judge or jury. But I can tell you this: he won't sell anybody out to buy his future!

We can't keep on selling our kid's futures out!!!
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