Re: [MBZ] OT: bailout

2008-10-15 Thread Mitch Haley
Rick Knoble wrote: The Party is Over By Peter Schiff Wonder if he is any relation to the Schiff banking family? His daddy is tax protester Irwin Schiff. http://en.wikipedia.org/wiki/Irwin_Schiff ___ http://www.okiebenz.com For new parts see official

Re: [MBZ] OT: bailout

2008-10-11 Thread Alex Chamberlain
On Thu, Oct 9, 2008 at 4:27 PM, Gary Hurst [EMAIL PROTECTED] wrote: i'm thinking of selling everything i own and buying GM and ford stock with the proceeds F I give a thumbs-up to as a value buy---they are months, not years, away from a turnaround given all the great small cars they sell in

Re: [MBZ] OT: bailout

2008-10-11 Thread Gary Hurst
i will take your advice then and value it accordingly! 500 shares of ford monday morning On Sat, Oct 11, 2008 at 11:30 AM, Alex Chamberlain [EMAIL PROTECTED]wrote: On Thu, Oct 9, 2008 at 4:27 PM, Gary Hurst [EMAIL PROTECTED] wrote: i'm thinking of selling everything i own and buying GM and

Re: [MBZ] OT: bailout

2008-10-11 Thread OK Don
There's talk of a GM/Chrysler merger -- talk about a toxic combination! On Sat, Oct 11, 2008 at 10:30 AM, Alex Chamberlain [EMAIL PROTECTED] wrote: On Thu, Oct 9, 2008 at 4:27 PM, Gary Hurst [EMAIL PROTECTED] wrote: i'm thinking of selling everything i own and buying GM and ford stock with the

Re: [MBZ] OT: bailout

2008-10-11 Thread Allan Streib
Alex Chamberlain [EMAIL PROTECTED] writes: GM, on the other hand, is dead and buried. Don't hold your breath waiting for the feds to bail them out. Why not they are bailing everyone else out? I saw a funny/ironic comment today, the gist of it was why are we worried about Obama when the

Re: [MBZ] OT: bailout

2008-10-11 Thread Mitch Haley
Allan Streib wrote: I saw a funny/ironic comment today, the gist of it was why are we worried about Obama when the current administration is tripping over themselves to socalize everything now? Ever since the $700B was first proposed, I've been saying that by Jan 20, there won't be anything

Re: [MBZ] OT: bailout

2008-10-10 Thread andrew strasfogel
My 29 y.o. son just made his first stock purchase yesterday - AIG @$2.45 Today he has his first capital loss to take the edge of yesterday's euphoria! On Thu, Oct 9, 2008 at 7:27 PM, Gary Hurst [EMAIL PROTECTED] wrote: i'm thinking of selling everything i own and buying GM and ford stock with

Re: [MBZ] OT: bailout

2008-10-10 Thread Allan Streib
Bill R [EMAIL PROTECTED] said: I think any Republicans who support Bush have long given up any credibility in claiming to be against big and intrusive government and big spending and being for fiscal responsibility. The only difference I can see is that the big spending comes by borrowing

Re: [MBZ] OT: bailout

2008-10-10 Thread Allan Streib
andrew strasfogel [EMAIL PROTECTED] said: My 29 y.o. son just made his first stock purchase yesterday - AIG @$2.45 Today he has his first capital loss to take the edge of yesterday's euphoria! Hopefully he'll be pretty happy about it in 5 or 10 years. Somewhere soon should be a good buy

Re: [MBZ] OT: bailout

2008-10-10 Thread harry watkins
He only suffers a loss if he sold it. Now, losing value is another thing, not only BTDT, but doing it more every day. :( Harry My 29 y.o. son just made his first stock purchase yesterday - AIG @$2.45 Today he has his first capital loss to take the edge of yesterday's euphoria!

Re: [MBZ] OT: bailout

2008-10-10 Thread Mitch Haley
andrew strasfogel wrote: My 29 y.o. son just made his first stock purchase yesterday - AIG @$2.45 Today he has his first capital loss to take the edge of yesterday's euphoria! Tell him if he wants to play with beaten down insurance companies, buy their debt, not their equity. Take a look at

Re: [MBZ] OT: bailout

2008-10-10 Thread Bill R
It's a sad note when the Democrats appear to be the fiscally responsible ones... :P -MMM- I think any Republicans who support Bush have long given up any credibility in claiming to be against big and intrusive government and big spending and being for fiscal responsibility. The only

Re: [MBZ] OT: bailout

2008-10-10 Thread andrew strasfogel
What's the attraction? It's expensive compared to AIG or FNM and has no dividend either.. On Fri, Oct 10, 2008 at 9:55 AM, Mitch Haley [EMAIL PROTECTED] wrote: andrew strasfogel wrote: My 29 y.o. son just made his first stock purchase yesterday - AIG @$2.45 Today he has his first capital

Re: [MBZ] OT: bailout

2008-10-10 Thread harry watkins
Go to GM, 5%+ dividend, beaten down price, gov help on the way. Harry What's the attraction? It's expensive compared to AIG or FNM and has no dividend either.. Tell him if he wants to play with beaten down insurance companies, buy their debt, not their equity. Take a look at ticker symbol

Re: [MBZ] OT: bailout

2008-10-10 Thread Mitch Haley
andrew strasfogel wrote: What's the attraction? It's expensive compared to AIG or FNM and has no dividend either.. ISP is a $25 perpetual bond selling for $6-7. Coupon rate is 6.2%, so it pays $0.3875 in interest, not dividends, every quarter (see September 29, 2008 on the link below). You

Re: [MBZ] OT: bailout

2008-10-10 Thread Mitch Haley
The Party is Over By Peter Schiff Euro Pacific Capital, Inc. Friday, 10 October 2008 More than just a mere liquidity or credit crisis, the current financial storm represents the death throes of the old global economic order, and perhaps the birth pains of a new one. The sun is setting on the

Re: [MBZ] OT: bailout

2008-10-10 Thread Mitch Haley
Who needs private enterprise? Let's nationalize it, Comrades! Paulson endorses bank stock purchase plan By MARTIN CRUTSINGER, AP Economics Writer 34 minutes ago WASHINGTON - Treasury Secretary Henry Paulson said Friday that the Bush administration will move ahead with a plan to buy stock in

Re: [MBZ] OT: bailout

2008-10-10 Thread OK Don
Private enterprise? What's that? On Fri, Oct 10, 2008 at 8:04 PM, Mitch Haley [EMAIL PROTECTED] wrote: Who needs private enterprise? Let's nationalize it, Comrades! -- OK Don, KD5NRO Norman, OK There are only three sports: bullfighting, motor racing, and mountaineering; all the rest are

Re: [MBZ] OT: bailout

2008-10-10 Thread Jim Cathey
WASHINGTON - Treasury Secretary Henry Paulson said Friday that the Bush administration will move ahead with a plan to buy stock in financial institutions. Non-voting stock? I didn't think so... -- Jim ___ http://www.okiebenz.com For new parts see

Re: [MBZ] OT: bailout

2008-10-10 Thread Rick Knoble
The Party is Over By Peter Schiff Wonder if he is any relation to the Schiff banking family? Rick Knoble '85 300 CD '87 190 DT ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL

Re: [MBZ] OT: bailout

2008-10-09 Thread Donald Snook
Luther wrote: Who authored that? Sam Brownback -- Senator from Kansas. Donald H. Snook ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery

Re: [MBZ] OT: bailout

2008-10-09 Thread Rich Thomas
Now we're all gonna be retail bankers as well as mortgagers and investment bankers and car company owners! http://www.nytimes.com/2008/10/09/business/economy/09econ.html?pagewanted=print --R Donald Snook wrote: Luther wrote: Who authored that? Sam Brownback -- Senator from Kansas. Donald

Re: [MBZ] OT: bailout

2008-10-09 Thread Luther
Tell him he should run for president. I would vote for him. Donald Snook wrote: Luther wrote: Who authored that? Sam Brownback -- Senator from Kansas. Donald H. Snook ___ http://www.okiebenz.com For new parts see official list sponsor:

Re: [MBZ] OT: bailout

2008-10-09 Thread Mitch Marmel
http://www.youtube.com/watch?v=AvktL4qu3us 4:45 mark. ;) -MMM- --- On Thu, 10/9/08, Rich Thomas [EMAIL PROTECTED] wrote: Now we're all gonna be retail bankers as well as mortgagers and investment bankers and car company owners! ___

Re: [MBZ] OT: bailout

2008-10-09 Thread Mitch Haley
Luther wrote: Tell him he should run for president. I would vote for him. Didn't Wonko like him a year or two ago? http://sambrownback.wordpress.com/ Mitch. ___ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For

Re: [MBZ] OT: bailout

2008-10-09 Thread Rick Knoble
This is what my Congressman said on the House floor pertaining to the bailout bill. He is Peter Visclosky (D) Indiana Rick Knoble '85 300 CD '87 190 DT September 29, 2008 Madam Speaker, in 1991, when Congress was considering repealing the Glass-Steagall Act and its regulatory framework,

Re: [MBZ] OT: bailout

2008-10-09 Thread Mitch Marmel
--- On Thu, 10/9/08, Rick Knoble [EMAIL PROTECTED] wrote: This is what my Congressman said on the House floor pertaining to the bailout bill. He is Peter Visclosky (D) Indiana It's a sad note when the Democrats appear to be the fiscally responsible ones... :P -MMM-

Re: [MBZ] OT: bailout

2008-10-09 Thread Allan Streib
Mitch Marmel [EMAIL PROTECTED] said: --- On Thu, 10/9/08, Rick Knoble [EMAIL PROTECTED] wrote: This is what my Congressman said on the House floor pertaining to the bailout bill. He is Peter Visclosky (D) Indiana It's a sad note when the Democrats appear to be the fiscally responsible

Re: [MBZ] OT: bailout

2008-10-09 Thread Mitch Haley
Allan Streib wrote: Mitch Marmel [EMAIL PROTECTED] said: It's a sad note when the Democrats appear to be the fiscally responsible ones... :P Appear being the operative word. They only appear that way if they are standing next to Republicans. And some people would argue that Republicans

Re: [MBZ] OT: bailout

2008-10-09 Thread Loren Faeth
The stage was set for this crisis with the repeal of Glass-Steagall in 1999, ... and then he blames the crisis on the Bush Administration Somebody correct me if I am wrong, but my recollection is that Billybob was the Prez in 1999. How is that Bush's fault? Now Bawney Fwank, CHris

Re: [MBZ] OT: bailout

2008-10-09 Thread MG
Looks like time to change my name to Chrysler and hit that big receiving line. Manfred Date: Wed, 08 Oct 2008 19:13:52 -0400 From: Rich Thomas [EMAIL PROTECTED] Subject: Re: [MBZ] OT: bailout Oh, and the car companies sneaked $25B (with another $25B potential) in there last week too, when

Re: [MBZ] OT: bailout

2008-10-09 Thread Mitch Haley
Rich Thomas wrote: Oh, and the car companies sneaked $25B (with another $25B potential) in there last week too, when no one was looking. Oh, and a fat lot of good it did them. GM dipped below $5.50 per share today, for the first time since 1950. Was $50-60 in 1969, and has split 2:1 since

Re: [MBZ] OT: bailout

2008-10-09 Thread Gary Hurst
why is that a sad note? it's been a long time since the democrats have been the party of bigger government than the republicans. all this stupid talk we've been hearing for so long about welfare queens and their cadillac cars -- i say scrap the war and the bailout and buy everyone on welfare a

Re: [MBZ] OT: bailout

2008-10-09 Thread Gary Hurst
i'm thinking of selling everything i own and buying GM and ford stock with the proceeds On Thu, Oct 9, 2008 at 7:10 PM, Mitch Haley [EMAIL PROTECTED] wrote: Rich Thomas wrote: Oh, and the car companies sneaked $25B (with another $25B potential) in there last week too, when no one was

Re: [MBZ] OT: bailout

2008-10-09 Thread OK Don
and then he blames the crisis on the Bush Administration Somebody correct me if I am wrong, but my recollection is that Billybob was the Prez in 1999. With a VERY repugnant congress. -- OK Don, KD5NRO Norman, OK There are only three sports: bullfighting, motor racing, and

Re: [MBZ] OT: bailout

2008-10-08 Thread Chuck Landenberger
Donald, Who is this Senator? He needs to hear from folks who agree with him even though the $700B deed has been done Thanks, Chuck Phoenix AZ On Oct 8, 2008, at 1:21 PM, Donald Snook wrote: I have avoided getting involved in the bailout discussion mainly because I just didn't know

Re: [MBZ] OT: bailout

2008-10-08 Thread Rich Thomas
And Ahnold is gonna be looking east for $7B (just a drop in the bucket now), and the socialist paradise of Massachusetts, home to Bwawney Fwank, Ted Kennedy (D-UI), Jean Kerre (who served in Viet Nam, by the way), and Obama guvuhnuh friend Dervel Patrick, are gonna be formulating their request

Re: [MBZ] OT: bailout

2008-10-08 Thread Donald Snook
Subject: Re: [MBZ] OT: bailout Donald, Who is this Senator? He needs to hear from folks who agree with him even though the $700B deed has been done Thanks, Chuck Phoenix AZ On Oct 8, 2008, at 1:21 PM, Donald Snook wrote: I have avoided getting involved in the bailout discussion mainly

Re: [MBZ] OT: bailout

2008-10-08 Thread Luther
Who authored that? Luther Donald Snook wrote: I have avoided getting involved in the bailout discussion mainly because I just didn't know enough about it to have an educated opinion. I did however see a letter from a Senator to his constiuents that makes some pretty good points. Here it