Upcoming Holidays?

OH YES... Holiday is coming and tomorrow.. or in fact today (it's after 12.00 A.M.), I will be leaving for Taiping with a few friends and will be back before Christmas (hopefully). Really hope to have a good time there, taste some good food and get all the Law out of my head for a few days. Perhaps after the trip it really is time to buck up, and get REALLY into study mode (which probably won't happen with the self-discipline that I currently have). Of course, I'd love to go for more trips after this one, so anyone with plans please count me in as well!

In the meantime, let's look at the recent developments of US economy, this news in particular, really interests me. Chrysler and GM getting $17.4 Billion to get their arses off the hot pan, which they themselves created. Americans really are oil-guzzlers (and also money guzzlers, trying to , don't you think? Because of them, oil goes up to almost $150 per barrel, and yet (partly) because of them, oil goes back down to around $40 per barrel. Ford as well, who's closing down 10 of its factories, (Chrysler closes 30 and GM closes 2o) is also in deep sh*t.

And this bailout really stinks, are they going back to protectionism like what Malaysia is doing? They want their Big 3 to be like Proton? (at least still better than Proton though) If they're gonna wound up, why not let them? They deserved it for not forecasting an economic downpour, it's what all companies do, you don't get out of the trouble, or don't avoid the trouble in the first place, you simply die off and let the stronger competitor (Toyota) take the place. How many bailouts the Americanos are gonna make? All the big companies going bust will be expecting help from the government then? And I don't see much change in the stocks, merely rallied at +0.4% ( for the time being). How many jobs could the government save? The whole automobile industry only amounts to 0.6% of the working Americans.

Nonetheless, the loan's given, and it's up to Obama's decisions to save America. In fact, America is a great place for investment now, house prices have gone down, interest rates are down, it's currency depreciated again, and things are facing deflation, compare it with China and see. Oh well, I guess I have to stop here, gotta wake up early tomorrow for the trip. I'll be back.