ex GM emp

Cash for Clunkers: A Wildly Expensive Way to Cut Emissions

More Bulldung from the academia crowd.

Cash for Clunkers: Sham Du Jour

Another clueless, probably never worked a day in his life, commenter. It's the economy, STUPID!. Get those car factories humming again and get this economy moving. I guess you want all those laid off auto workers to stay laid off or work at China-Mart for the rest of their lives. Talk about class envy. You got it bad brother.

I Was Wrong About GM Bankruptcy

When it comes to economics, Americans are a pretty dumb lot. They'll ship their jobs and the security of their country overseas because a product was cheaper if made there. We'll do the same with autos when they start coming in from China. In five to ten years, there won't be much left of the domestic auto industry. Even the scrub wages of the southern auto transplant industry will be too much for the oncoming train of India and Chinese competition.

Why I'd Avoid Toyota, The #1 Automaker in the U.S.

Finally! Now we're talking a level playing field. The U.S. has finally joined with all the other governments supporting either directly or indirectly their auto companies! What planet is this writer living on? I'll tell you which one. The one with a cubicle and no windows and a lot of blather on a computer screen.)

Rewarding the Ecologically Irresponsible with Taxpayer Dollars

Cash for clunkers is nothing but political smoke and mirrors and those opining on it are wasting their time and breath including these Alpha pundit, no nothings. Credit is not available for those 8 million that bought cars at the top of the NODOC loan era. 15, 16,17 million cars years are a distant memory and cash for clunkers, like the manufacturers rebates, just pull ahead sales at the expense of the future.

How Many Automakers Survive the Long Haul?

Latest calls are for an eight million year for '09. Sixteen million by 2012? A double in three years? GM, Ford and Chrysler will be long gone by then. Forecasters don't know what's going to happen next month let alone three years down the road. Pure Poppycock article.

What Does the New GM Deal Mean to Sirius XM?

A few points left out.
Compared to the old XM, the new Sirus/XM sucks and costs more.
Subscribers dropped for the first time.
Car sales have been cut in half.
Unemployed numbers still rising.

Good luck going long with this stock.

UAW: It Should Be Giving Up More

uh, Troy, you left out the non UAW workers at Toyota, et al. They are making MORE than the UAW now. Please do a little more research next timem.

UAW: It Should Be Giving Up More

To all posters refuting his numbers: What do you expect from academia? They are the ones who brought us the economy we have TODAY!

Chrysler and Bankruptcy: The Gory Details

yeah, we learned something. The rich, powerful and priveleged aren't the only ones who can get around laws.

Chrysler vs. Debtholders: Who Will Win?

"Debtholders which are fund managers were only doing their fiduciary duty, which is to maximize returns for their investors." Yeah, we sure wouldn't want them to get less than a dollar on the dollar for the quarter on the dollar they invested. Gimme a break.

A Ford Turnaround?

Time will prove you wrong. They are still burning 41 million a DAY!
The burn rate is down. So what. Mr. M bet the farm, he's gonna lose it. What cars do they have? Fusion? Focus? The trucks? Sorry, not enough to pay the electric bills.

GM Bondholders to Receive Even Worse Terms

Like my clueless buddies still at the plant and waiting for a "better deal" buyout or retirement package, the bondholders, equally clueless, waited for a "better deal". Stupid is as stupid does, FG.

Time for GM to Declare Bankruptcy?

Anyone, anywhere, can crank out massaged statistics comparing frick with frack and get the desired result. This is a great example. Movin' on.

How to Deal with the Automakers' Crisis in Confidence

Fat pensions are not the problem. I worked for 22 years and get 1100 a month in pension. By any standard, that is not fat. Some of the old timers are lucky if they are getting 500 a month. If you include health care, I would say that's worth another 1000 a month. Compare that to the millions the retired CEOs and their hundreds of thousands of management minions get and it's pocket change. With over a half million on health care, all that needs to be done is have a 1-5000 deductible. Ford's going to follow GM and Chrysler to the window for a withdrawal if annual sales rate stays below 10 million.