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And it is now fully engulfed by a mainstream media outlet The Man. I’ll not pull any punches none that I’d not pull on my own anyway at least, you know. I’ll still write in exactly the same voice, calling it exactly as I see it, Flipping It as best as I can (though I suppose being as fully part of a mainstream media company, a giant conglomerate makes my trying to Flip It [Flipping It a term I’ve trademarked and defined as doing or thinking exactly opposite conventional wisdom] a bit more challenging by definition, doesn’t it?) and basically being exactly who I’ve always been as best as I can. Sigh, the control starts even as I say it won’t, doesn’t it?

Yes, ironically, you’ll have to click on the link below since I can’t embed the video since I’ve sold out and now don’t have the control I did if you want to scream with the Godfather of Grunge himself.

Enjoy your balls to the wall interpretation of market analysis while the naysayers taunt and take the opposite viewpoint. Fluffnstuff diatribe thrown around by the opposite camps. Your blog and Happy Hour are the highlights of each business day, and I request, “Keep driving the Wall Street and economic condition forecast message that others cringe when heard,” but nod in frightening consequential agreement.”Cody is probably right!” Damn the torpedoes, full speed ahead Capt. Willard.

I didn start watching financial shows until the recent debacle on Wall Street and the ridiulous bailouts started. I far from a financial expert but I am a news junkie and I get most of my info. All the hosts and most of the guests are very helpful. But I have to say that you are a voice of reason and sanity in a “sea” of bailoutitis. Keep up the good work. And forgive me for saying this but Rebecca Gomez er, I mean Diamond is very easy on the eyes. Brains and beauty what a combo.

The main reason I emailing you is this article you might find interesting in the thirties Ford and GM built factories in Nazi Germany that were used to make war material that was used against our troops.

But here the kicker: GM sued the US government for bombing their factories in Nazi Germany and won millions of $$$$$$. I can make this up.

Here the article. I hope you read it on you show. Keep up the good work. Yours truly Michael ( MEATDOG ) Cunningham

Three years after Swiss banks became the target of a worldwide furor over their business dealings with Nazi Germany, major American car companies find themselves embroiled in a similar debate.

Like the Swiss banks, the American car companies have vigorously denied that they assisted the Nazi war machine or that they significantly profited from the use of forced labor at their German subsidiaries during World War II. But historians and lawyers researching class action suits on behalf of former prisoners of war are busy amassing evidence of collaboration by the automakers with the Nazi regime.

The issues at stake for the American automobile corporations go far beyond the relatively modest sums involved in settling any lawsuit. During the war, the car companies established a reputation for themselves as “the arsenal of democracy” by transforming their production lines to make airplanes, tanks and trucks for the armies that defeated Adolf Hitler. They deny that their huge business interests in Nazi Germany led them, wittingly or unwittingly, to also become “the arsenal of fascism.”

The Ford Motor Co. has mobilized dozens of historians, lawyers and researchers to fight a civil case brought by lawyers in Washington and New York who specialize in extracting large cash settlements from banks and insurance companies accused of defrauding Holocaust victims. Also, a book scheduled for publication next year will accuse General Motors Corp. of playing a key role in Hitler invasions of Poland and the Soviet Union.

“General Motors was far more important to the Nazi war machine than Switzerland,” said Bradford Snell, who has spent two decades researching a history of the world largest automaker. “Switzerland was just a repository of looted funds. GM was an integral part of the German war effort. The Nazis could have invaded Poland and Russia without Switzerland. They could not have done so without GM.”

Both General Motors and Ford insist that they bear little or no responsibility for the operations of their German subsidiaries, which controlled 70 percent of the German car market at the outbreak of war in 1939 and rapidly retooled themselves to become suppliers of war materiel to the German army.

But documents discovered in German and American archives show a much more complicated picture. government documents show they were still resisting calls by the Roosevelt administration to step up military production in their plants at home.

After three years of national soul searching, Switzerland largest banks agreed last August to make a $1.25 billion settlement to Holocaust survivors, a step they had initially resisted. Far from dying down,
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however, the controversy over business dealings with the Nazis has given new impetus to long standing investigations into issues such as looted art, unpaid insurance benefits and the use of forced labor at German factories.

Although some of the allegations against GM and Ford surfaced during 1974 congressional hearings into monopolistic practices in the automobile industry, American corporations have largely succeeded in playing down their connections to Nazi Germany. As with Switzerland, however, their very success in projecting a wholesome, patriotic image of themselves is now being turned against them by their critics.

“When you think of Ford, you think of baseball and apple pie,” said Miriam Kleinman, a researcher with the Washington law firm of Cohen, Millstein and Hausfeld, who spent weeks examining records at the National Archives in an attempt to build a slave labor case against the Dearborn based company. “You don think of Hitler having a portrait of Henry Ford on his office wall in Munich.”

Both Ford and General Motors declined requests for access to their wartime archives. government continued to have diplomatic relations with Berlin up until the Japanese attack on Pearl Harbor in December 1941. GM spokesman John F. Mueller said that General Motors lost day to day control over its German plants in September 1939 and “did not assist the Nazis in any way during World War II.”

For GIs, an Unpleasant Surprise

When American GIs invaded Europe in June 1944, they did so in jeeps, trucks and tanks manufactured by the Big Three motor companies in one of the largest crash militarization programs ever undertaken. It came as an unpleasant surprise to discover that the enemy was also driving trucks manufactured by Ford and Opel a 100 percent GM owned subsidiary and flying Opel built warplanes. Army liberated the Ford plants in Cologne and Berlin, they found destitute foreign workers confined behind barbed wire and company documents extolling the “genius of the Fuehrer,” according to reports filed by soldiers at the scene. Army report by investigator Henry Schneider dated Sept. 5, 1945, accused the German branch of Ford of serving as “an arsenal of Nazism, at least for military vehicles” with the “consent” of the parent company in Dearborn.

Ford spokesman Spellich described the Schneider report as “a mischaracterization” of the activities of the American parent company and noted that Dearborn managers had frequently been kept in the dark by their German subordinates over events in Cologne.

The relationship of Ford and GM to the Nazi regime goes back to the 1920s and 1930s, when the American car companies competed against each other for access to the lucrative German market. Hitler was an admirer of American mass production techniques and an avid reader of the antisemitic tracts penned by Henry Ford. “I regard Henry Ford as my inspiration,” Hitler told a Detroit News reporter two years before becoming the German chancellor in 1933, explaining why he kept a life size portrait of the American automaker next to his desk.

Although Ford later renounced his antisemitic writings, he remained an admirer of Nazi Germany and sought to keep America out of the coming war. In July 1938, four months after the German annexation of Austria, he accepted the highest medal that Nazi Germany could bestow on a foreigner, the Grand Cross of the German Eagle. The following month, a senior executive for General Motors, James Mooney,
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received a similar medal for his “distinguished service to the Reich.”