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More bad news for Brunswick

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Old 10-24-2008, 12:43 AM
  #31
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Wink Ouch!!

If some of you boaters really want to continue your furthur education. Get the book by Kevin Phillip- "Bad Money" . Its not to long a read and I think you will really start to understand how we got in this "MESS" and whats really behind this financial chaos that's tormenting everybody.

I honestly believe that the problems we are currently facing in the US are to big and to complex for any President to solve or correct.
It will take a lot of very patriotic, smart and dynamic thinking and actions on the part of a lot of very talented and successful financial experts to stop the "bleeding", cure the "infection" and get the patient back off of life support!

In the mean time, get in a boat, blast around to get rid of your frustrations and realize that as a nation we need to get our "Lip" bloodied once in a while to learn how to "Duck" when that punch is on the way!
Remember also we are the largest and most productive nation on the face of the earth by a "LOT", we'll get through this and we will be a lot better off when we all educate ourselves better, vote more responsibly for "Public Servants" and not "Politicians" (actually a new four letter word!) and stop crying and whining and get our sorry asses back to work and its resulting properity!
PS- Don't sleep tight tonight, the politicians and big money powerbrokers are still awake tonight! Trust me, they are not your real friends!

Best Regards,
Ray @ Raylar
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Old 10-24-2008, 08:12 AM
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Originally Posted by Raylar View Post
If some of you boaters really want to continue your furthur education. Get the book by Kevin Phillip- "Bad Money" . Its not to long a read and I think you will really start to understand how we got in this "MESS" and whats really behind this financial chaos that's tormenting everybody.

I honestly believe that the problems we are currently facing in the US are to big and to complex for any President to solve or correct.
It will take a lot of very patriotic, smart and dynamic thinking and actions on the part of a lot of very talented and successful financial experts to stop the "bleeding", cure the "infection" and get the patient back off of life support!

In the mean time, get in a boat, blast around to get rid of your frustrations and realize that as a nation we need to get our "Lip" bloodied once in a while to learn how to "Duck" when that punch is on the way!
Remember also we are the largest and most productive nation on the face of the earth by a "LOT", we'll get through this and we will be a lot better off when we all educate ourselves better, vote more responsibly for "Public Servants" and not "Politicians" (actually a new four letter word!) and stop crying and whining and get our sorry asses back to work and its resulting properity!
PS- Don't sleep tight tonight, the politicians and big money powerbrokers are still awake tonight! Trust me, they are not your real friends!

Best Regards,
Ray @ Raylar
That post makes more sense than all the other "political posts" on here put together.
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Old 10-24-2008, 11:57 AM
  #33
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I just got off the phone with BAC, finacial division of Brunswick. You have no idea how bad they are right now, the stock price is so sugar coated. I expect Brunswick to fold in 6 months. Way too much overhead, no income. We are trying to close our account with BAC (we have 0 balance), they cannot even release the money in escrow used to secure our credit line.

Really finkin uped
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Old 10-24-2008, 12:12 PM
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That sucks!! I just picked up 5000 shares at 3.50. guess we will see. Pretty sad to see a company that has been in buisness for over 150 years fold.
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Old 10-24-2008, 12:14 PM
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Originally Posted by Raylar View Post
If some of you boaters really want to continue your furthur education. Get the book by Kevin Phillip- "Bad Money" . Its not to long a read and I think you will really start to understand how we got in this "MESS" and whats really behind this financial chaos that's tormenting everybody.

I honestly believe that the problems we are currently facing in the US are to big and to complex for any President to solve or correct.
It will take a lot of very patriotic, smart and dynamic thinking and actions on the part of a lot of very talented and successful financial experts to stop the "bleeding", cure the "infection" and get the patient back off of life support!

In the mean time, get in a boat, blast around to get rid of your frustrations and realize that as a nation we need to get our "Lip" bloodied once in a while to learn how to "Duck" when that punch is on the way!
Remember also we are the largest and most productive nation on the face of the earth by a "LOT", we'll get through this and we will be a lot better off when we all educate ourselves better, vote more responsibly for "Public Servants" and not "Politicians" (actually a new four letter word!) and stop crying and whining and get our sorry asses back to work and its resulting properity!
PS- Don't sleep tight tonight, the politicians and big money powerbrokers are still awake tonight! Trust me, they are not your real friends!

Best Regards,
Ray @ Raylar

Great post...

And for additional insight among the less well read,

Check out this podcast on thisamericanlife.org

http://www.thislife.org/Radio_Episode.aspx?episode=355

Very simple and easy to understand...

Clearly, the financial crisis started at the very top (Wall St. , The International Money Pool, Fixed Income Securities, etc... ) and trickled down to the masses...with smoke & blue mirrors...

Many are pointing the finger in the wrong direction...

You will soon have a greater appreciation for goverment financial oversight and fiduciary responsibility...

I'm with Raylar...it's coming...Gotta "buck up and shut up"...

The punches will be coming harder and faster...

But, will you be ready?????

Divenstar

------------------------------------------------------------------------

"Captain, cut your engines and prepare to be boarded"

Last edited by divenstar; 10-24-2008 at 12:20 PM.
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Old 10-24-2008, 12:26 PM
  #36
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I'm from Detroit...

The storm clouds have been here for some time...

Problem is, the current administration has been pissing on our heads...

But telling us it's raining...

Can you spell D-E-P-R-E-S-S-I-O-N????

Divenstar
Exactly which politician is responsible for most Americans preferring to buy imports? Your saying it has nothing to do with the product?

.
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Old 10-24-2008, 12:27 PM
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Default More sales.

I have a recovery plan for brunwick;

Start selling NXTs as a stand alone drive/transom package


.
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Old 10-24-2008, 12:47 PM
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Originally Posted by BAJA WILL View Post
I just got off the phone with BAC, finacial division of Brunswick. You have no idea how bad they are right now, the stock price is so sugar coated. I expect Brunswick to fold in 6 months. Way too much overhead, no income. We are trying to close our account with BAC (we have 0 balance), they cannot even release the money in escrow used to secure our credit line.

Really finkin uped
brunswick has its problems as we all know but i wouldnt say they will fold in 6 months.
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Old 10-24-2008, 01:07 PM
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brunswick has its problems as we all know but i wouldnt say they will fold in 6 months.
I guess I should revise, many of their divisions will continue to fold in the next 6 months. LIKE THEIR FINICIAL DIVISION
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Old 10-24-2008, 03:15 PM
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Exactly which politician is responsible for most Americans preferring to buy imports? Your saying it has nothing to do with the product?

.
Never said that politicians were responsible for the Big 3's demise...Just that the political elite refuse to acknowledge the current economic hurricane and the housing bubble...

At the moment, they won't even admit that we are in a recession...let alone a depression...

Just like their denials regarding genocide, Katrina, Ike, AIDS and the lack of progress in Iraq...

...Concerning the purchase of foreign vehicles...

Detroit is soley to blame...

I begin this by stating, that in another life, I was an Engineer and Quality Manager/Corporate Trouble Shooter/Liaison with a couple of the Big 3 Car Manufacturers and Tier one auto suppliers...

Car companies are only interested in one thing...Selling/marketing the car...They really do not want to be a manufacturer...

Regardless of what is said...the quality of American made cars is sorely lacking...and I think it is too late for the perception to change...

Hockey tickets, lunches and other perks is what makes the DPPM's/PPM's (Defective Parts per Million) disappear in the real world of automotive quality...in the short term at least...

I know...because I was part of the machine...

The best cars I have ever owned are Hondas & Toyotas...

Statistical mapping and reverse engineering is what leads them to a better product...

If Toyota comes out with a heavy duty crew cab dually, comparable to the F-350 or F 450...I would probably consider that, rather than another Ford Super Duty F-series dually...

It all goes back to WWII, Dr. Demming and the American short sighted manufacturing focus...But that is another story...

For example...One of my daughters has purchased three, count 'em three, new vehicles w/in the last 2 years...Why?

Because each was a lemon...two Ford Taurus SE's and a Chevy Impala SS...

Each of the Tauruses would shut down while driving...Very, very dangerous...especially on the freeway... and the Impala SS's instrumentation and computer would go haywire and shut down the car as well...

After many, many unsuccessful attempts to have the dealers and manufacturers diagnose, repair &/or take the car back (w/supporting documentation and my industry connections)...

WE HAD TO SUE THE MANUFACTURERS...

I represented my daughter at both National Arbitration Board hearings...and won both times...Ford had to take/buy the cars back...

The Impala SS self-destructed and caught on fire while waiting for GM to figure out which hole to pull their finger out of...

Now, I know you are asking??? Why two Fords, if the 1st Taurus was trash???...I told my daughter to buy foreign, since she was concerned about safety & reliability...She, being the the knucklehead that she is, thought it would be more patriotic to give ford another chance....(More like MORONIC, than patriotic)...

Normally, I would have recommended a Volvo wagon, but Ford & Volvo are/were one-in-the-same...

Bottomline...

With quality...Perception is reality...

You can not sort quality into parts...(The process of quarantining defective material and sorting out the bad parts)...

If American Auto manufacturers won't stand behind their product...then how do you expect the purchasing public to stand behind them...

Like Lee Iococca (former Ford Exec. & Chrysler Chairman/CEO) said...

"If you can find a better car...buy it..."

Divenstar

Last edited by divenstar; 10-24-2008 at 03:22 PM.
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