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Strategies & Market Trends : New US Economy Policy

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From: Arthur Tang7/23/2009 3:58:36 AM
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So far, main street is holding steady. Wall street has to be rebuild with government nationalization. Some management change is necessary to bring ponzi schemes in control.

The auto industry has to go thru the same scrutiny. Auto executives had in the past ten years extorted governments for loans and pretending not to be able to sell cars. The situation is very bad, until new leadership can be established in the auto industry. The networth of car companies are seriously in question. Since these companies extorted labor unions, dealership and local governments where they have production plants by crying being poor. All their assets around the world are hidden from local governments.

Its the best of time and the worst of time, when people handling money tries to cheat any body in their paths. Tough going will last until governments wise up.
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