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Tuesday, June 09, 2009

Fiat Should Not Run Chyrsler

THE SUPREME COURT MUST BLOCK THE CHRYSLER MERGER WITH FIAT: A foreign company shouldnt be running an American automobile company. Mercedes a well run company tried this before and failed. The government could have found a competent american executive to run Chrysler. The hedge funds are trying to stop this planed take over or merger for differnt reasons and lets hope they succeed.
OBAMA INSULTED THE AMERICAN PEOPLE: Feddy Henderson a third rate retread is now Gm's chief excutive thanks to Obama. Last month Freddy said Gm was open to moving out of Detroit and shifting more of its production overseas. This month he said Gm is going to spend more on R&D and build cars with beter gas mileage. The problem is Freddy dosent know what r&d to spend the money on. When it comes to making cars Freddy dosent know his ass from a whole in the ground. Is that why Obama picked him to lead Gm? What previous achievement caused the government to pick Freddy as chief executive? In being kind to Freddy he was a lackluster employee at Gm. And now the government makes him the boss. This thing is doomed to fail. And that is something this country cant afford right now. BRING BACK BUTCH WAGNER: Butch is still collecting a pay check and is a far beter excutive than Freddy. That isnt saying much but its true.
GOV ARNIE DOING THE FUHRERS WORK: The fuhrer would be proud the way Arnie has cut cut cut cut cut from the little people instead of picking on someone his own size. Gov.Arnie cuts from the little people he knows cant fight back like children and the disabled. Arnie you panzie go after the big shots with the money. The prison guards and other state employees like your appointees make plenty. Cut their salaries and benefits. You cant can you? You have a glass jaw you stupid panzie.
THE DETROIT TIMES TRADINIG RECOMENDATIONS: Its becoming apparent Obama is a nice guy but a weak president. The market is losing confidence in him. Short or sell the S&P 500 tommorrow at the best price you can. Its a trickey trade so use options instead of live contracts. Our suggestion to buy in the money puts. If your a knowledge able trader with limited funds you can use a bear call spread.