Thread: Gm and Ford.....S&P declares their depth as junk

These problems are one of the biggest reasons the Fed is done boosting rates.

We had to have the bad news to get their attention. I just bought a new car and now I have a $2000 sales tax deduction for tax year 2005.

Watch what they do, not what they say.

The Technician wrote:

What will....???:shock:

Just another nail in the coffin fortwo major US corporations.....it makes it more expensive for them to borrow.....how do you beat foreign carmakers like that...:?

You don't.......:shock: where do we go from here......???

:dude:

Check out the D&B reports on corporations, and count the number of VP's

Amazing!

And U wonder why things (cars) cost so much!

[And they probably have a VP in charge of lug-nuts!]

Cars, Medical, whatever, yep more expensive! Hey, check out the dentist, I got a quote of$12K to make me smile! Na! I consider them somewhat like the the NASD bubble of 2000. It's just a matter of time! And time is something that some of us, just don't have!

Regds! Catch 22! :? Spaf

Health Care May Not Be Worst of GM Worries:?

(Commentary) Lately, it seems that GM spends almost as much time tying its problems to rising health-care costs as it does to foreign competition, rising gas prices or changing consumer tastes.

http://www.investing-news.com/artman...icle_819.shtml

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