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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (194)	4/17/2003 2:54:30 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 4907

I have predicted nationalization of auto mfrs and airlines step #1: large bailout loans step #2: larger bailout loans (against hefty job loss background and monster financial loss) step #3: conditions and stipulations for further loans (translation: mgmt involvement) step #4: partnership gaurantees (with job preservation promises, and huge public outcry) step #5: regular Congressional subsidies it is written, it will come to pass just like Penn Central and AmTrack only with far greater urgency and mandate by another name: NATIONALIZATION I say bankruptcy not to imply liquidation, but only to stress their financial total lack of viability, whereby assets are overwhelmed by both debts and obligations such as pension cases in point: Rostenko in his latest Gold-Eagle article submits that 50% of the American public is technically bankrupt they have not yet been liquidated (but a large slice will) this is all part of the PIMCO McCullen's expansion of big govt all for the greater good all for the lesser profitability we (you and I) see eye to eye on Ford / jim