May 01, 2009 –
Fellow Fools and Bulls fans, [more]
December 18, 2008 –
While I am compassionate, like pretty much anyone I talk to, about the plight of auto workers losing their jobs, I am finding a potential bailout more and more unsettling. In the news I have just heard about the production suspensions of GM and Ford plantsfor an additional month, as well as the fact that GM is halting construction on a plant, which was slated to produce the company saving Volt (should be called the Chevy Dolt). This news is not so good, even as it is being touted as a way to reduce costs. A bailout isn't going to solve anything, but it may in fact exasperate an already growing problem. [more]
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