Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (38501)	11/23/2008 3:20:46 PM
From: zoeie	Read Replies (3) \| Respond to of 48461

"I think it's a lock" Not so fast William. California hates F & GM. GM sued Ca several times as I remember forcing the Hummer and SUV rebates. And congress is full of Californians. They are going to have to make some pretty fancy steps before Pelosi says OK.jmho.

To: Bucky Katt who wrote (38501)	11/23/2008 11:25:04 PM
From: PJr	Read Replies (2) \| Respond to of 48461

I agree. It's a lock. What I find humorous is the call from Congress to have a plan of action presented to them by the automakers. I hate to be cynical but Congress wouldn't understand anything of that nature. Sending the CEOs home with that request was merely a fig leaf for Congress to look like good stewards of public money. I think it's not only a lock that they will get their $25 billion, but in six months they'll be back on bended knee to ask for more saying that $25 billion was not nearly enough. The same rationale will be presented again to the public saying that we can't let them fail and we must support our manufacturing base or place our nation in economic peril. I wonder if the buggy whip makers asked for a bailout at the turn of the century when they realized that their business was being overcome by other's innovation? Pat