I am not that savy on the stock market but I see a developing trend and want your opinion…

1) Is LG Chem stock high or low because they have their fingers in all the car batteries coming out. Would LG be a good stock for short or long term? The only thing I know about them is LG is the GE of Asia, like Electrolux is the GE of Europe.

2) Has GM stock bottomed out to buy for short term? The announcement of the Volt should be good for what… a short term $10 spike in price and then sell?

Advise us Obi-Wan… Your our only hope…

Can anyone really be as naive as to believe a handful of people (Big Oil in the Whitehouse) could manipulate the market as easily as is being implied? If that’s the case then why are there not little enclaves of omniponent people manipulating different sectors of the markets? Perhaps there is a secret society that is controlling the worlds markets and we are all but pawns and they caused the housing bubble and crash. Hey better yet, perhaps they are all space aliens looking to cause such chaos and mayhem that they will be able to come in and pick up the pieces and all get filthy rich!
Here’s one for ya. The Volt technology is alien derived!

Specifically, here is the list of Senators that voted against voted agaist the bill:”
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There seems to be a bit of confusion concerning the two bills in question. H.R. 5351, The Renewable Energy and Energy Conservation Tax Act of 2008, was introduced in the House on Feb. 12, 2008 and passed by the House on Feb. 27, 2008. The bill has yet to be introduced for a vote in the Senate. There has been no presidential veto. The list of senators who supposedly voted against the bill included senator Trent Lott (MS) who retired on Dec. 18, 2007. That date was before the bill was even introduced in the House of Representatives, let alone subject to a Senate vote. I suspect the confusion may arise because there was another H.R. 5351, The National Emergency Management Reform and Enhancement Act of 2006. That 2006 Bill had nothing to do with tax credits for the Volt. The 2008 Bill is the one that includes up to a $6,000 tax credit ($4,000 base for a 5 kWh minimum, plus up to $2,000 extra large batteries) for electric vehicles. The 2008 HR 5351 is expected to meet stiff resistance in the Senate because of other measures in the Bill.

H.R. 6049 has also passed the House, but has yet to be voted on in the Senate. This Bill contains provisions for a $5,000 tax credit for electric vehicles. ( $3,000 base plus up to a max of $2,000 extra according to the kWh rating of the battery)

Sure, the media and individuals will still call folks “left” or “right” on their stance on individual issues, but not overall. I’m sure some will still lean in one direction more than the other, and to different degrees (some even so much that they match today’s politititions).

And I don’t believe the “liberal” vs. “conservative” labels work (”left” vs. “right” works a little better) because I’m a fiscal conservative and the supposed “conservative” party is nothing but. Tax cuts with out paying for them and instead just racking up the national debt is not being conservative to me. Neither Regan nor the current Bush are fiscal conveservatives. It took the first “moderate” Bush (Sr) and Clinton to start to restore this countries fiscal health, and I didn’t mind paying a little more in taxes to do so (I never actaully even noticed them, my pay went up substantially during those years, it wasn’t until Bush Jr. took office that my nice paying software engineering job was “off shored” while the “convervatives” controlled all 3 branches).

In any case, it’s a moot point… I don’t ever expect to see more than two “major” parties in my life time, never mind an end to the party based system all together. I give congressional term limits a better chance… but even that’s extremely slim as congress wouldn’t vote for a constitutional admendment that if ratified would end their cushy jobs.

“Dave G, I’m also all for getting rid of a party based system and having everyone run essentially as an independent, so that no one has to adhere to a party platform in order to get financing”

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Even if that were possible, the majority of issues generally fall into a dichotomy. You’re either for something or against it, you’re either for higher taxes or not, etc. etc etc. You’ll always have a left side and a right side, a liberal side and a conservative side. Soon enough the press would start labeling congressmen/women as either “C” or “L” and no sooner we’d be right back in the old Elephant and Donkey show.

I agree with #50 N Riley that we need to clean house and get “good” people in place. But, his “good” is probably different from my “good.” Democracy is messy.