Posted on 09/24/2008 12:09:16 PM PDT by Slapshot68
""I am now caving," he said. "Get ready for real tough times. They're coming. There is no credit available.""
(Excerpt) Read more at news.yahoo.com ...
"VCs shovel another $28.7 million into Digg "
http://news.yahoo.com/s/ap/20080924/ap_on_hi_te/techbit_digg_investment
Dear Jack,
How many millions did you get in compensation from GE again?
At the same time, our country is going to be sending $150 billion to Africa and billions to other countries. We need to freeze all these handouts until our economy is straightend out. If we can’t take care of ourselves, we can’t take care of others.
When the big names throw in the towel, you know you’re at the bottom.
Good Point.
Companies can get capital from 5 sources (at least) 1) retained earnings 2) bonds 3) banks 4) stock or 5) the government. 1,2 and 4 are still available to them. I’d prefer we didn’t do 5. Banks are in trouble. New banks with better practices will take their place. Maybe some of these guys ought to talk with the Chicoms. They’ve got lots of dollars right now.
I totally agree with that sentiment! I’m tired of my taxdollars going to “foreign aid”, this is one time that we need domestic aid instead. I’m all for helping out those less fortunate, but at this time in the condition we’re in, we need to heal ourselves first.
“If we can’t take care of ourselves, we can’t take care of others.”
Are you interesting in running for President. You have my vote. Why is it that no one is talking about this or our contributions to the UN? Country first should mean just that!
As 20 year GE employee I did very well under Jack’s leadership. All the money he got...he earned.
Left a few years after Immelt took over GE and his leadership has been poor. Glad I got out when I did.
Obami wants $50 Billion for global Poverty.
If we pull out of Africa first one in to replace us is Russia. Bad choice.
REFORM the programs we have in place...this doesn't mean trashing all of them. I have to say John McCain is probably the best man at the moment to do that.
You should be voting Constitution Party. They oppose the use of taxpayer dollars for unconstitutional purposes - and sending ‘foreign aid’ with government largesse is just such as example.
Many of them earn their money.
There are no Free Market people left in Washington, not in the Senate, not in the House and certainly not any in the Executive Branch.
Hey Jack, buddy, how many Americans were put out of work under your watch by off-shoring GE manufacturing operations?
The market MUST be allowed the opportunity to find bottom, only then can the economy be rebuilt. Otherwise, Gov’t meddling will only make it worse and prolong the downturn.
Have you seen the news on CAT trying to float a bond?
It ain’t pretty.
They put out a 5 year bond in August - the issue went well.
They’re talking of putting another 5 year bond out there — and the preliminary pricing talk is Treasury+375bp.
This is Cat we’re talking about. They’ve never missed a dividend. And they’re not exactly a finance company in drag like GM.
Demint, Coburn, and i think Shelby are holding strong. There are a few guys in the House like Pence. But your right, it’s over. Welcome to socialism.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.