Back with some thoughts....

Well well well… I did in fact take a hiatus though far from intentional…Some random thoughts from the past few weeks…

Trivia question – What percentage of homes in the United States are owned without mortgages? I will get back to this later.

I have not blogged since the election. One is completely unrelated to the other – I assure you of that for sure. What I will tell you is the pick of Hullary Clinton is a very interesting one. It is only made only more interesting by the endorsement of none other than Rush Limbaugh. One thing is for sure – like him or not – Obama will try his best to distinguish himself and not try old failed ways of doing things.

So let me get this straight – banks are arbirtrarily given money hand over fist with no plans and no requirements for how they are going to use the money to help out the American public and loosen up the business to business credit. The autos – who have been shrinking their business for years now and have been dealing with many arcane anti industry laws from the federal government have to beg and plead.

So I am clear I will not tell you I think the auto companies have been great but there is WAY more than meets the eye with them and the situation they find themselves in right now.

I think a sad thing may take place this spring – the NFL will remove the Thanksgiving game from Detroit and schedule another team. I hope management understands how pathetic their organization looks right now.

The Lions fan should hope Bill Ford Jr. is able to step in and do what he did with Ford Motor. In that instance he was able to bring in Alan Mullay from Boeing - someone who was successful in the manufacturing industry. Money should not be an object. They should list the best candidates – cross check them with some different people – and go after them one by one. The painful reality – they may not do it.

Ken Cockrel said on the news last week things were looking good for expanding Cobo, the site of North American International Auto Show. Things need to move faster. Nissan along with several other companies have pulled out the 2009 show. This is something that would be a good use of Federal tax dollars.

I did not work Friday and had the TV on one of the business networks. They were doing the whole “Black Friday” live shots from the mall. Of course they had some people mentioning what the hot gifts are so on and so forth. One fine individual – store employee – though Ugg Boots are “timeless pieces of fashion.” I for sure am not a fashion expert but plead with America this is not the case. From a male perspective – Ugg Boots are one the most hideous things and should not be worn out side the house.

The answer to trivia question – 50% of homes in the US are owned and have no mortgages. This is strange because much of the credit issues have to do with too many subprime mortgages and people going through foreclosures. Well 3% of mortgages going into foreclosures which is 1.5% of all home in US. Logic says some banks went WAY overboard with the subprime mortgages and certainly have a balanced portfolio.

Oh well enough from me – I will be back way sooner.