Bill Clinton Again!

It seems that President-elect Barack Obama is using President Clinton’s people. And you what, it’s really not a bad idea if you ask me. I have always said that Bill Clinton did a great job for the United States. He may have done a lot things wrong, you know what I’m talking about, but he did a lot things good too. When he left office he had America on course of getting out of debt completely. And then President Bush came into office and everything went straight down hill. Granted America did come under attack and we lost a lot of American lives. And the actions that President Bush took I feel where the right one’s. But he’s made so many bad choices that it will make for a story for another day. Anyway, the people that Barack Obama is bringing together are a great thing. These people will definitely make up where Barack Obama falls short on. I’m a firm believer in surround yourself with good people and let them do their job. And if that’s what Barack Obama does everything will turn out all right for America again.

Tags: Barack Obama, Bill Clinton, President Bush

GM In Trouble!

Things are only getting worst with GM. They’re telling their employees that more production jobs are going to need to be cut. GM is also cutting their salaried staff people as well. This is all in hopes of saving cash to get them through this year. But what will happen starting next year is my question? Are they just stalling their bankruptcy proceedings, or are they wanting to Obama comes into office? If they could stay alive until Obama comes into office they might have a chance. That’s because Bush doesn’t want to give out anymore money, but Obama wants to help the automakers. I think President Bush knows that it would be a waist of taxpayer money to help the automakers. So I guess this could be Obama’s first big mistake if he gives the automakers the money they’re seeking.

Tags: Chrysler, Ford, GM

Our Economy!

Now that Detroit’s Big Three need to submit a business plan to Congress who knows what will happen to General Motors Corp., Ford Motor Co. and Chrysler LLC. I don’t think they will have enough time to get this plan to them before Congress goes on their 2-month vacation, must be nice. The Dow Jones dropped almost 450 points. Making this week one of the worst it’s seen in many years. I would like to say that this bailout plan for General Motors Corp., Ford Motor Co. and Chrysler LLC. Is not a good idea? They need to do themselves out of this whole. I’m sick and tired of the Government handing out money to any big businesses out there. We also need to stop handing out money to banks; it’s not working. And what about people like me, who’s lost a lot of money in their 401k’s. First they destroy our economy, then our 401k’s, and now they want use to bail them out. Does this make since to anyone out there, because it makes no since to me. I say let them all fold, who really cares at this point. Our economy is in the trash and there’s no relief in sight. The White House isn’t an ATM!

Tags: Economy

Now Hiring!

You read the title correctly, now hiring. Not me, but Yahoo Inc. is looking for a new chief executive. That’s because co-founder Jerry Yang is stepping down as chief executive. And there are a lot of happy investors out there today. The reason for them being this happy is because Yang blew his chance to sell Yahoo to Microsoft Corp. for $47.5 billion. At that price it would have been a gift to Yahoo investors. But I can also see Yang’s point of feeling Yahoo was worth way more than that. Yahoo very will could be worth more than what it’s trading at right now. The way the economy is dragging stock prices down who really knows. Anyway, this could be a good move for Yang and investors. Yang won’t be going far though; he’s taking on his old job of being Chief Yahoo. To me this sounds like a made up job to keep him close by. After all he still owns a huge part of Yahoo and will always have a lot of pull within the company.

Tags: Jerry Yang, Yahoo Inc