The economic news of the day

Discussion in 'World Events' started by See Post, Nov 7, 2008.

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  1. See Post

    See Post New Member

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    Originally Posted By hopemax

    GM 3rd quarter earnings...lost $2.5 billion. Out of Chrysler takeover talks, might run out of money in 2009.

    Ford 3rd quarter...$129 million lost, but burned $7.7billion in cash

    Unemployment 6.5%, the peak of the 9/11 recession was 6.3%.

    Oil below $61

    But the DOW is up 150 points so far.
     
  2. See Post

    See Post New Member

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    Originally Posted By fkurucz

    Sounds like GM may have to file for bankruptcy.

    Interesting times we live in.
     
  3. See Post

    See Post New Member

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    Originally Posted By Sara Tonin

    Supposedly they can last out 2010
     
  4. See Post

    See Post New Member

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    Originally Posted By metalman

    Is Mr. X on vacation or something? He used to be obsessed with posting the daily financial updates (at least when it was bad).
     
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    See Post New Member

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    Originally Posted By peeaanuut

    dont forget that average gun sales are up 30% across the country.


    As far as GM and Ford, if they made better cars, they probably wouldnt be in the mess they are in. They make an inferior product and expect everyone to bail them out. If I made crap pizzas I would go out of business and I wouldn't expect the govt to bail me out. But maybe in this day in age I can expect it?
     
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    Originally Posted By Achish

    "dont forget that average gun sales are up 30% across the country."

    I believe people are worried they won't be able to buy guns in the future.
     
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    Originally Posted By dshyates

    I believe they are afraid Obama will get rid of all the churches and gays will take over the world.
     
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    See Post New Member

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    Originally Posted By peeaanuut

    <<I believe people are worried they won't be able to buy guns in the future.>>

    That is the mob mentality at the moment.
     
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    See Post New Member

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    Originally Posted By Sara Tonin

    There are some real nuts out there...I've heard some real crazy stuff here and there since Obama's been elected. Like, "Obama is the antichrist", and the whole "arm yourselves, protect your wives and daughters" kind of thing. Puh-lease!
     
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    See Post New Member

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    Originally Posted By Achish

    That's crazy stuff, Sara Tonin. Obama is the best thing that's happened to this country in a long time. I am so excited for the next 4 years!
     
  11. See Post

    See Post New Member

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    Originally Posted By Sara Tonin

    It only take one lone nut to screw it up for everybody.
     
  12. See Post

    See Post New Member

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    Originally Posted By peeaanuut

    HEY HEY HEY!!! Can we maybe use a different word than Nut? Just askin'
     
  13. See Post

    See Post New Member

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    Originally Posted By Sara Tonin

    sorry...kook okay with you, nuut?
     
  14. See Post

    See Post New Member

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    Originally Posted By mawnck

    Peabrain?
     

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