Comments on: Sinking, Floating, or Just Getting By http://www.philosyphia.com/uncategorized/sinking-floating-or-just-getting-by My Keyboard, My Sword Thu, 12 Jan 2012 23:28:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: kingofnewyorkhacks http://www.philosyphia.com/uncategorized/sinking-floating-or-just-getting-by/comment-page-1#comment-1792 kingofnewyorkhacks Thu, 18 Dec 2008 16:17:01 +0000 http://www.philosyphia.com/?p=951#comment-1792 Its not just stockholders. Its the bondholders who dictate the price of the equity and bondholders get paid before stockholders do. The government is limiting "freemarkets" by banning shorting stocks on the financials. Will they ban buying stock if it is sure to rise in price. Way too much interference by the fed and the Gov't....ok now I'm ready to rant but will not. I will say that Jim Cramer should go to prison for advising people to buy Bear Stearns at $180 just like he told everyone in 1999 to buy yahoo at $350 or Sunmicro at $125. ok , i'm done for now. <abbr><em>kingofnewyorkhackss last blog post..<a href="http://kingofnewyorkhacks.blogspot.com/2008/12/king-turned-big-40-salvation-army.html" rel="nofollow">The King turned the big 40 !! Salvation Army Greetings and the Wall Street Tree lit to singing carolers !!</a></abbr></em> Its not just stockholders. Its the bondholders who dictate the price of the equity and bondholders get paid before stockholders do. The government is limiting “freemarkets” by banning shorting stocks on the financials. Will they ban buying stock if it is sure to rise in price. Way too much interference by the fed and the Gov’t….ok now I’m ready to rant but will not. I will say that Jim Cramer should go to prison for advising people to buy Bear Stearns at $180 just like he told everyone in 1999 to buy yahoo at $350 or Sunmicro at $125. ok , i’m done for now.

kingofnewyorkhackss last blog post..The King turned the big 40 !! Salvation Army Greetings and the Wall Street Tree lit to singing carolers !!

]]> By: nicheplayer http://www.philosyphia.com/uncategorized/sinking-floating-or-just-getting-by/comment-page-1#comment-1791 nicheplayer Wed, 17 Dec 2008 15:51:36 +0000 http://www.philosyphia.com/?p=951#comment-1791 The trouble with the free market, as we've seen, is that it's populated by unscrupulous people. On the other side of the fence, you have stockholders, fickle, bratty folks who're ready to drive a company's shares into the ground at the first sign of weakness. This entire scenario is very much analogous to an earthquake. Had "we" seriously addressed the issue of poor quality and fuel efficiency long ago -- maybe at the expense of a couple years of bad earnings for the auto industry and a little shareholder pain -- we wouldn't have had this huge, devastating shift to manage now. Seriously, if you know someone who's driving around in a Hummer, cast them a dirty look for me, wouldja? The trouble with the free market, as we’ve seen, is that it’s populated by unscrupulous people. On the other side of the fence, you have stockholders, fickle, bratty folks who’re ready to drive a company’s shares into the ground at the first sign of weakness. This entire scenario is very much analogous to an earthquake. Had “we” seriously addressed the issue of poor quality and fuel efficiency long ago — maybe at the expense of a couple years of bad earnings for the auto industry and a little shareholder pain — we wouldn’t have had this huge, devastating shift to manage now. Seriously, if you know someone who’s driving around in a Hummer, cast them a dirty look for me, wouldja?

]]> By: Courtney http://www.philosyphia.com/uncategorized/sinking-floating-or-just-getting-by/comment-page-1#comment-1788 Courtney Sat, 13 Dec 2008 05:14:41 +0000 http://www.philosyphia.com/?p=951#comment-1788 I agree that in the long-term, they need to fail. My concern is this: if people can't afford cars now, what makes anybody think that in March they'll be able to buy them up then? The car companies are just going to be coming back for more money. My heart just hurts for the people who will lose their jobs if and when these companies go under. I agree that in the long-term, they need to fail. My concern is this: if people can’t afford cars now, what makes anybody think that in March they’ll be able to buy them up then? The car companies are just going to be coming back for more money. My heart just hurts for the people who will lose their jobs if and when these companies go under.

]]> By: Brandon http://www.philosyphia.com/uncategorized/sinking-floating-or-just-getting-by/comment-page-1#comment-1786 Brandon Fri, 12 Dec 2008 23:33:35 +0000 http://www.philosyphia.com/?p=951#comment-1786 I agree with you. As much as it may hurt I think they need to collapse in on themselves. I also have more faith in the private sector and free market than I have faith in our Government. And like I said in my blog about this, the more we are dependent on our central government in situations like this, the more eminent it makes a governmental collapse of some sort. Which is worse? The automotive industry collapsing or our government collapsing? I agree with you. As much as it may hurt I think they need to collapse in on themselves. I also have more faith in the private sector and free market than I have faith in our Government. And like I said in my blog about this, the more we are dependent on our central government in situations like this, the more eminent it makes a governmental collapse of some sort. Which is worse? The automotive industry collapsing or our government collapsing?

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