More cover ups??

[BlueBee]

Bush Jr leaves office:  DOW = 8000
Today:  DOW = 12846
Up 60%.
General Motors up 19% for the year.

While Wall Street careens downhill....

On what planet?

[kathyp]

Canceled, I believe.

hope not.  it's about the only new show i picked up this year.  it's different and i like it.....which my husband says is the kiss of death   

[iddee]

Quote:

"Bush Jr leaves office:  DOW = 8000
Today:  DOW = 12846
Up 60%.
General Motors up 19% for the year."

And gas was at 1.89 in Jan., 2008
Now it is 3.50.
The dow didn't even stay up with inflation, much less gain.

PS. THIS PLANET.

[Vance G]

And GM was a private company with Bondholders.  Now the Government and the Union own it and The guvmint busily buys Volts or none would leave the door!  Drink that Koolaid! 

[buzzbee]

Inflationary pressure of quantitave easing? That is printing of unsecured dollars?

[buzzbee]

This past year was the first ever federal spending exceeded the GDP of our nation.A governmet spending in excess of GDP will doom the nation.

[sterling]

Inflationary pressure of quantitave easing? That is printing of unsecured dollars?

Blue has had that pointed out to him before, but can't seem to understand it.

[buzzbee]

We need 53 dollars a share and all government held stock to be sold to break even for the taxpayers. Thats not counting the interest on the money that was borrowed for the bailout. And every volt sold loses money for GM.
Dump all that stock on the market and it races down to the bottom.

[kathyp]

The guvmint busily buys Volts or none would leave the door! 

now that you mention it    not only did we lose money on the bailout and the government (taxpayer) purchase of stock, but we continue to throw tax money down the dumper buying those crappy little cars.

 

[BlueBee]

those crappy little cars.

You mean the Motor Trend Car of the year, the Automobile Magazine Car of the Year, the North American Car of the year, AND the European Car of the Year.

And I’m the one not living in reality…….RIGHT 

[FRAMEshift]

This GRU report, however, states that Admiral Gaouette’s firing by President Obama was due to this strike force commander disobeying orders when he ordered his forces on 11 September to “assist and provide intelligence for” American military forces ordered into action by US Army General Carter Ham, who was then the commander of the United States Africa Command (AFRICOM), against terrorist forces attacking the American Consulate in Benghazi, Libya.  

http://abcnews.go.com/blogs/politics/2012/10/navy-replaces-admiral-leading-mideast-strike-group-because-of-ongoing-investigation/

You guys are so funny.  From the abc news story:
"The Stennis group arrived in the Fifth Fleet’s area of operations on Oct. 17 to replace the USS Enterprise, which was on the final deployment of its 50 years of service. "

So Admiral Gaouette’s removal was due to his attempting to support Ham's strike force on September 11?  But his fleet was not on station in the Middle East until more than a month later.   At the time of the attack in Benghazi, the Stennis was en route from Bremerton, Washington.

[kathyp]

you are not to familiar with the reporting of ships movements, are you?