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November 15, 2008 at 10:24 AM in reply to: OT: The nail is on the coffin…UAW leader says no more concessions #305042November 15, 2008 at 10:24 AM in reply to: OT: The nail is on the coffin…UAW leader says no more concessions #305407
TheBreeze
ParticipantIt looks like the UAW is making a stand. They are tired of making all the concessions while the management fat cats who have managed the company poorly get rich. Seems like a reasonable position to me. Let the management fat cats take cuts to their salary/benefits in order to save the company.
Alternatively, maybe the UAW president has been in touch with some politicians who have assured him a bailout is coming so he comes out firing in order to take the initiative. Negotiating 101.
November 15, 2008 at 10:24 AM in reply to: OT: The nail is on the coffin…UAW leader says no more concessions #305419TheBreeze
ParticipantIt looks like the UAW is making a stand. They are tired of making all the concessions while the management fat cats who have managed the company poorly get rich. Seems like a reasonable position to me. Let the management fat cats take cuts to their salary/benefits in order to save the company.
Alternatively, maybe the UAW president has been in touch with some politicians who have assured him a bailout is coming so he comes out firing in order to take the initiative. Negotiating 101.
November 15, 2008 at 10:24 AM in reply to: OT: The nail is on the coffin…UAW leader says no more concessions #305438TheBreeze
ParticipantIt looks like the UAW is making a stand. They are tired of making all the concessions while the management fat cats who have managed the company poorly get rich. Seems like a reasonable position to me. Let the management fat cats take cuts to their salary/benefits in order to save the company.
Alternatively, maybe the UAW president has been in touch with some politicians who have assured him a bailout is coming so he comes out firing in order to take the initiative. Negotiating 101.
November 15, 2008 at 10:24 AM in reply to: OT: The nail is on the coffin…UAW leader says no more concessions #305496TheBreeze
ParticipantIt looks like the UAW is making a stand. They are tired of making all the concessions while the management fat cats who have managed the company poorly get rich. Seems like a reasonable position to me. Let the management fat cats take cuts to their salary/benefits in order to save the company.
Alternatively, maybe the UAW president has been in touch with some politicians who have assured him a bailout is coming so he comes out firing in order to take the initiative. Negotiating 101.
TheBreeze
Participant[quote=capeman]With the ^VIX at all time highs options are a scam right now. You would have to time your thesis near perfectly and the volatility in the market could kill you quickly. If you really want to short in this environment direct shorting would be a better idea.[/quote]
Yeah, buying options is not a good idea right now. Writing them would be a much better idea. Lots of amateurs on this board who don’t understand options.
TheBreeze
Participant[quote=capeman]With the ^VIX at all time highs options are a scam right now. You would have to time your thesis near perfectly and the volatility in the market could kill you quickly. If you really want to short in this environment direct shorting would be a better idea.[/quote]
Yeah, buying options is not a good idea right now. Writing them would be a much better idea. Lots of amateurs on this board who don’t understand options.
TheBreeze
Participant[quote=capeman]With the ^VIX at all time highs options are a scam right now. You would have to time your thesis near perfectly and the volatility in the market could kill you quickly. If you really want to short in this environment direct shorting would be a better idea.[/quote]
Yeah, buying options is not a good idea right now. Writing them would be a much better idea. Lots of amateurs on this board who don’t understand options.
TheBreeze
Participant[quote=capeman]With the ^VIX at all time highs options are a scam right now. You would have to time your thesis near perfectly and the volatility in the market could kill you quickly. If you really want to short in this environment direct shorting would be a better idea.[/quote]
Yeah, buying options is not a good idea right now. Writing them would be a much better idea. Lots of amateurs on this board who don’t understand options.
TheBreeze
Participant[quote=capeman]With the ^VIX at all time highs options are a scam right now. You would have to time your thesis near perfectly and the volatility in the market could kill you quickly. If you really want to short in this environment direct shorting would be a better idea.[/quote]
Yeah, buying options is not a good idea right now. Writing them would be a much better idea. Lots of amateurs on this board who don’t understand options.
TheBreeze
Participant[quote=partypup]
Let’s face it, TB. Obama IS going to get ensnared in Dubya’s mess in 2 months. Come January 21, 2009, there will be absolutely no way for him to avoid it.
So I really can’t see the point in “staying above the fray” for the next 10 weeks. Seriously. Is this about politics or about what’s best for our country? Because given how fast this thing is unravelling, it would seem prudent to dive in ASAP and get a real sense of just how deep this rabbit hole goes and getting an understanding of how bad other world leaders think this is going to get and where their heads are, rather than waiting until January.
In 10 weeks, Americans aren’t going to care WHO created this mess or how badly Obama is ensnared in it. The only thing they will want and expect is *change*, answers and solutions.
You can run, Obammy. But you can’t hide.
[/quote]I’m certain that Obama has made the economy his #1 focus. Just because he’s chosen not to attend some ridiculous conference doesn’t mean that he hasn’t already dove headfirst into some serious economic study.
Bush just wanted The Great Obama to attend the summit so it would look like TGO was backing Dumbya’s economic policies. TGO is way, way too smart for that.
TheBreeze
Participant[quote=partypup]
Let’s face it, TB. Obama IS going to get ensnared in Dubya’s mess in 2 months. Come January 21, 2009, there will be absolutely no way for him to avoid it.
So I really can’t see the point in “staying above the fray” for the next 10 weeks. Seriously. Is this about politics or about what’s best for our country? Because given how fast this thing is unravelling, it would seem prudent to dive in ASAP and get a real sense of just how deep this rabbit hole goes and getting an understanding of how bad other world leaders think this is going to get and where their heads are, rather than waiting until January.
In 10 weeks, Americans aren’t going to care WHO created this mess or how badly Obama is ensnared in it. The only thing they will want and expect is *change*, answers and solutions.
You can run, Obammy. But you can’t hide.
[/quote]I’m certain that Obama has made the economy his #1 focus. Just because he’s chosen not to attend some ridiculous conference doesn’t mean that he hasn’t already dove headfirst into some serious economic study.
Bush just wanted The Great Obama to attend the summit so it would look like TGO was backing Dumbya’s economic policies. TGO is way, way too smart for that.
TheBreeze
Participant[quote=partypup]
Let’s face it, TB. Obama IS going to get ensnared in Dubya’s mess in 2 months. Come January 21, 2009, there will be absolutely no way for him to avoid it.
So I really can’t see the point in “staying above the fray” for the next 10 weeks. Seriously. Is this about politics or about what’s best for our country? Because given how fast this thing is unravelling, it would seem prudent to dive in ASAP and get a real sense of just how deep this rabbit hole goes and getting an understanding of how bad other world leaders think this is going to get and where their heads are, rather than waiting until January.
In 10 weeks, Americans aren’t going to care WHO created this mess or how badly Obama is ensnared in it. The only thing they will want and expect is *change*, answers and solutions.
You can run, Obammy. But you can’t hide.
[/quote]I’m certain that Obama has made the economy his #1 focus. Just because he’s chosen not to attend some ridiculous conference doesn’t mean that he hasn’t already dove headfirst into some serious economic study.
Bush just wanted The Great Obama to attend the summit so it would look like TGO was backing Dumbya’s economic policies. TGO is way, way too smart for that.
TheBreeze
Participant[quote=partypup]
Let’s face it, TB. Obama IS going to get ensnared in Dubya’s mess in 2 months. Come January 21, 2009, there will be absolutely no way for him to avoid it.
So I really can’t see the point in “staying above the fray” for the next 10 weeks. Seriously. Is this about politics or about what’s best for our country? Because given how fast this thing is unravelling, it would seem prudent to dive in ASAP and get a real sense of just how deep this rabbit hole goes and getting an understanding of how bad other world leaders think this is going to get and where their heads are, rather than waiting until January.
In 10 weeks, Americans aren’t going to care WHO created this mess or how badly Obama is ensnared in it. The only thing they will want and expect is *change*, answers and solutions.
You can run, Obammy. But you can’t hide.
[/quote]I’m certain that Obama has made the economy his #1 focus. Just because he’s chosen not to attend some ridiculous conference doesn’t mean that he hasn’t already dove headfirst into some serious economic study.
Bush just wanted The Great Obama to attend the summit so it would look like TGO was backing Dumbya’s economic policies. TGO is way, way too smart for that.
TheBreeze
Participant[quote=partypup]
Let’s face it, TB. Obama IS going to get ensnared in Dubya’s mess in 2 months. Come January 21, 2009, there will be absolutely no way for him to avoid it.
So I really can’t see the point in “staying above the fray” for the next 10 weeks. Seriously. Is this about politics or about what’s best for our country? Because given how fast this thing is unravelling, it would seem prudent to dive in ASAP and get a real sense of just how deep this rabbit hole goes and getting an understanding of how bad other world leaders think this is going to get and where their heads are, rather than waiting until January.
In 10 weeks, Americans aren’t going to care WHO created this mess or how badly Obama is ensnared in it. The only thing they will want and expect is *change*, answers and solutions.
You can run, Obammy. But you can’t hide.
[/quote]I’m certain that Obama has made the economy his #1 focus. Just because he’s chosen not to attend some ridiculous conference doesn’t mean that he hasn’t already dove headfirst into some serious economic study.
Bush just wanted The Great Obama to attend the summit so it would look like TGO was backing Dumbya’s economic policies. TGO is way, way too smart for that.
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