I put Middle Earth Journal in hiatus in May of 2008 and moved to Newshoggers.
I temporarily reopened Middle Earth Journal when Newshoggers shut it's doors but I was invited to Participate at The Moderate Voice so Middle Earth Journal is once again in hiatus.

Thursday, May 05, 2005

Moving towards extinction


Extinct?

The other day we discussed the march to extinction by the Modern Wooly Mammoths, General Motors and Ford. Today we have more evidence of that, Stocks fall after S&P downgrades GM, Ford:

NEW YORK (Reuters) - U.S. stocks slid into negative territory on Thursday after Standard & Poor's cut General Motors Corp.'s and Ford Motor Co.'s debt ratings to junk status.


Shares of General Motors extended their losses, falling 4 percent to $31.38. Ford fell 5 percent to $9.64.

Adapt or die; and like the wooly mammoths 10,000 years ago Ford and GM have refused to adapt.

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