Are you surprised the governments in Ontario, Canada, and Obabma’s administration are being so tough on the auto industry?  Here is a story from the globe where the premier of Ontario has sent GM back to the table with CAW and said “you need more concessions”, WOW.

Another question, should they be this tough?  Why do you think they are?

I am slightly surprised given how much they threw at banks on Wall Street, and AIG with way less demands, or actually none for that matter.

Yet the Auto industry is getting so many conditions on the money they will get, which is way less?

Do you think that the auto industry should just die, so that the companies can be re-organized to be leaner and meaner?

I think that that is actually what the governements are trying to do, make the unions come to the table with more.

Tough times for them yes, but for many years the unions hammered these companies so hard to make so uncompetitive that they are in the mess they are in.

Let’s see what is happening.

Let me know your thoughts

This story in the Globe is indicating that investors and the overall market feeling in Wall Street as the first quarter ends is that we are heading in the right direction.

What I found really surprising was that the market actually has risen 21% in fewer then 3 weeks and no one really knew that?  Where are the reports for that?

On the news this morning they are reporting heavily that “as a sign of the times, GDP is down .7% in january”?? Are they serious? Reporting news in January is no longer RELEVANT today?

What do you think for the second quarter? Are the stock and real estate markets at the bottom and stabilizing?  If so will that last for the balance of the year?  Will we see increases in the second quarter for these important markets or just stabilization and increases for the third quarter?