The Depression:When Will It End

The depression is far from over with. Its a very slow going. The clue as to when it well end and how the economy is progessing can be seen by following the progress of the manufacturing sector. Right now we are at the very very begining of the rebuilding of this all important sextor. This is where the high paying jobs that support the economy come from. Under the tuledge of Dutch Reagan, Bush the elder and Bush the putz these jobs were destroyed, kicked out of the country. And now the United state must get them back. Those like the mafia in Detroit who say we dont need manufacturing jobs are self serving. Remeber the mafia looks out for its ass and does a good job of it. Just look at the condition Detroit is in while their wallets are bulging.
The Detroit Times believes the best course for Gm and Chysler is to be nationalized. Gm should be forced into bankruptcy and then taken over by the government. Like that the government would have more control over the rebuildiing process.
Phil Murtaugh the former head of Gm's China division would be the right person to lead a nationalized Gm. Murtaugh knows how to create product. He very succeesful led Gm to a dominant position in China by creating vehicles that fit the needs of that market. Butch Wagoner jealous of his success fired him. He should be give a chance to run the whole comanpany.
The manufacturing sector is the key here and right now its still in intentsive care. That is a long way from running a 26 mile marathon which is what it has to do in order for the depression to end.
THE DETROIT TIMES TRADING RECOMMENDATIONS: If u bought pfe(pfezor drug) Friday as was recommended you should have taken a profit today. 25cents a share is a good profit. Dont wait for us to tell u take a profit. It may be to late. Dan Dorfman in this weeks Barrons predicts the market will go down more. We agree