User 158164's Comments User 158164's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/158164/comments The GM (er, Motors Liquidation) Stock Anomaly http://seekingalpha.com/article/170461-the-gm-er-motors-liquidation-stock-anomaly?source=feed#comment-742037 742037
"Stock Certificates"? When did you last buy stocks, 1982?

These guys are playing musical chairs. They trade these stocks while the music plays, except when this music stops, there are no chairs at all.

Let them lose their money.]]>
Tue, 03 Nov 2009 08:45:09 -0500
"Stock Certificates"? When did you last buy stocks, 1982?

These guys are playing musical chairs. They trade these stocks while the music plays, except when this music stops, there are no chairs at all.

Let them lose their money.]]>
Why GM Stock Is Still a Bad Idea http://seekingalpha.com/article/157626-why-gm-stock-is-still-a-bad-idea?source=feed#comment-643113 643113
If it is few enough shares, and small enough money, believe it of not, look on eBay for what old stock certificates are going for. In a few years that certificate for 10 shares might be worth $20 as a decoration.


On Aug 21 03:37 PM Kold wrote:

> How can I dump my stock. I have some certificate shares as well as
> some purchased in a stock reinvestment program. Please publish the
> answer.]]>
Mon, 24 Aug 2009 09:31:41 -0400
If it is few enough shares, and small enough money, believe it of not, look on eBay for what old stock certificates are going for. In a few years that certificate for 10 shares might be worth $20 as a decoration.


On Aug 21 03:37 PM Kold wrote:

> How can I dump my stock. I have some certificate shares as well as
> some purchased in a stock reinvestment program. Please publish the
> answer.]]>
Cash for Clunkers May Cost Up to $45,354 Per Vehicle http://seekingalpha.com/article/152909-cash-for-clunkers-may-cost-up-to-45-354-per-vehicle?source=feed#comment-610856 610856
We were ATTACKED, not attached, on 9-11 by Al-Queda and the Taliban in Afganistan, NOT IRAQ!


On Aug 01 01:00 PM miketobias01 wrote:

>
>
> Are you for real ....."His arguments are like the ones Bush made
> going into Irag." We were attached on 9-11 or did you forget about
> 2900 plus people that died that day! Please don't go there.
> As far as "this program!" Take a look at Germans Program that is
> really close to this one .....It was suppost to be a one time thing
> and I think there in there third year of there program! It don't
> work.
> The Government needs to get out of the peoples way..... Let the weak
> companys fail . lower capital gain tax, and taxes in general.
> Period.
>
>
> ]]>
Sat, 01 Aug 2009 13:15:04 -0400
We were ATTACKED, not attached, on 9-11 by Al-Queda and the Taliban in Afganistan, NOT IRAQ!


On Aug 01 01:00 PM miketobias01 wrote:

>
>
> Are you for real ....."His arguments are like the ones Bush made
> going into Irag." We were attached on 9-11 or did you forget about
> 2900 plus people that died that day! Please don't go there.
> As far as "this program!" Take a look at Germans Program that is
> really close to this one .....It was suppost to be a one time thing
> and I think there in there third year of there program! It don't
> work.
> The Government needs to get out of the peoples way..... Let the weak
> companys fail . lower capital gain tax, and taxes in general.
> Period.
>
>
> ]]>
I Was Wrong About GM Bankruptcy http://seekingalpha.com/article/147296-i-was-wrong-about-gm-bankruptcy?source=feed#comment-577339 577339
In case you missed it, GM is in bankruptcy right now. Since obviously for you and sever other low intelligence "investors" don't understand what the "q.pk" means and continue to trade a stock that WILL, not might, WILL go to zero sooner or later, GM rightly covered their tails by sending you an email. They sent it to you because you are dense enough to actually still own stock, which shows how stupid you really are. Morons like you will continue to trade it waiting for the music to stop and then you will be upset to find there are no chairs at all.

Perhaps this is a lame attempt to get people more stupid than you people to run the stock up for your gain. Again, you show what a stupid loser you are.

Go back to Japan and stay there, they can have you.]]>
Tue, 07 Jul 2009 13:16:01 -0400
In case you missed it, GM is in bankruptcy right now. Since obviously for you and sever other low intelligence "investors" don't understand what the "q.pk" means and continue to trade a stock that WILL, not might, WILL go to zero sooner or later, GM rightly covered their tails by sending you an email. They sent it to you because you are dense enough to actually still own stock, which shows how stupid you really are. Morons like you will continue to trade it waiting for the music to stop and then you will be upset to find there are no chairs at all.

Perhaps this is a lame attempt to get people more stupid than you people to run the stock up for your gain. Again, you show what a stupid loser you are.

Go back to Japan and stay there, they can have you.]]>
I Was Wrong About GM Bankruptcy http://seekingalpha.com/article/147296-i-was-wrong-about-gm-bankruptcy?source=feed#comment-577117 577117
On the other hand, GM is facing world wide competition from Volkswagon, Fiat, Toyota, a resurgent Ford, Honda, and now a slew of Chinese and Indian companies. If they all take only 2% market share, just in sheer numbers of companies it will be a hard row to hoe.

Buy back the stock? Yeah, that was a winning strategy in the 90's - $25 Billion in stock buy backs and now that stock is worth zero. The smart money spends money on product, not stock buy backs.

GM has some excellent product now, I have a Silverado with ZERO issues and I have driven the new Camaro and it is world class. They need to keep that quality up.

Most of what I read about the UAW is based on stuff they read before the new contract, and even more changes have taken place with the crisis. I never met the guy "making $80 an hour sweeping floors" in the first place. Most of that crap was just BS anyway. There are some horror stories, but I can tell you some horror stories about non-union shops also. Somehow a truck a minute spits out the back door, so someone must doing some work.

I know there are some retards talking boycotting, yeah that makes sense. Put Americans out of work solely because you don't like the President and drive down the value of the company so that you the taxpayer loses money in some kind of childish hissy fit. Fortunately I think those numbers are small and their job at the car wash does not buy a new car anyway.

In other words, if you are looking at the future for GM, I think you can be pretty optimistic, but realistic.

I think more important to the question is not what will GM do, but will this country EVER develop a sensible manufacturing policy that will get us back to work.]]>
Tue, 07 Jul 2009 11:19:37 -0400
On the other hand, GM is facing world wide competition from Volkswagon, Fiat, Toyota, a resurgent Ford, Honda, and now a slew of Chinese and Indian companies. If they all take only 2% market share, just in sheer numbers of companies it will be a hard row to hoe.

Buy back the stock? Yeah, that was a winning strategy in the 90's - $25 Billion in stock buy backs and now that stock is worth zero. The smart money spends money on product, not stock buy backs.

GM has some excellent product now, I have a Silverado with ZERO issues and I have driven the new Camaro and it is world class. They need to keep that quality up.

Most of what I read about the UAW is based on stuff they read before the new contract, and even more changes have taken place with the crisis. I never met the guy "making $80 an hour sweeping floors" in the first place. Most of that crap was just BS anyway. There are some horror stories, but I can tell you some horror stories about non-union shops also. Somehow a truck a minute spits out the back door, so someone must doing some work.

I know there are some retards talking boycotting, yeah that makes sense. Put Americans out of work solely because you don't like the President and drive down the value of the company so that you the taxpayer loses money in some kind of childish hissy fit. Fortunately I think those numbers are small and their job at the car wash does not buy a new car anyway.

In other words, if you are looking at the future for GM, I think you can be pretty optimistic, but realistic.

I think more important to the question is not what will GM do, but will this country EVER develop a sensible manufacturing policy that will get us back to work.]]>
'Too Big to Fail' Should Not Exist http://seekingalpha.com/article/147158-too-big-to-fail-should-not-exist?source=feed#comment-575730 575730
I can hear the same arguments when the auto industry went through a massive consolidation in the 50's, When all the independent companies were gobbled up or run out by the big 2 (Chrysler and AMC were allowed to live to keep the regulators off of GM's backs) and anyone who didn't like it were told "it's market forces".

The problem is it's not "market forces", it is 50 years of self desstructive trade policies that make it more and more difficult to produce goods in this country.

We need policies that make American companies compedetive in the world market. Not protectionism, but a level playing field.]]>
Mon, 06 Jul 2009 12:11:20 -0400
I can hear the same arguments when the auto industry went through a massive consolidation in the 50's, When all the independent companies were gobbled up or run out by the big 2 (Chrysler and AMC were allowed to live to keep the regulators off of GM's backs) and anyone who didn't like it were told "it's market forces".

The problem is it's not "market forces", it is 50 years of self desstructive trade policies that make it more and more difficult to produce goods in this country.

We need policies that make American companies compedetive in the world market. Not protectionism, but a level playing field.]]>
Taxpayers: Beware GM's Decision to Build Compact in Michigan http://seekingalpha.com/article/147066-taxpayers-beware-gm-s-decision-to-build-compact-in-michigan?source=feed#comment-575323 575323
Politics these days is all about distraction. While you are staring into one company's decision to build one model car in one town or another, or lamenting the use of private jets, or perhaps wondering about the cut of a GM's executive's suit, billions of dollars of "poor taxpayer" money is being pi$$ed away on banks.]]>
Mon, 06 Jul 2009 08:46:21 -0400
Politics these days is all about distraction. While you are staring into one company's decision to build one model car in one town or another, or lamenting the use of private jets, or perhaps wondering about the cut of a GM's executive's suit, billions of dollars of "poor taxpayer" money is being pi$$ed away on banks.]]>
What About Product Liability Claimants in Automaker Bankruptcies? http://seekingalpha.com/article/144471-what-about-product-liability-claimants-in-automaker-bankruptcies?source=feed#comment-559246 559246
Good job mentioning side saddle gas tanks, the poster child for tort reform. A whole "issue" generated through fraud, the problem could never be duplicated in crash tests, the liars had to add explosive devices to get them to burn. Know what else came out - the Pinto was another case of their fraud! The fact is, there were far fewer fires in those trucks than comparable models, and way far fewer than in most car crashes. You were much safer in the trucks than most cars. But with media liars like you on the job, noone hears that.

Plaintiff lawyers like John Edwards are money grubbing liars and blood suckers who feed off of lies and people's pain. Thank goodness he did that chick and kept him away from the White House.]]>
Tue, 23 Jun 2009 14:05:24 -0400
Good job mentioning side saddle gas tanks, the poster child for tort reform. A whole "issue" generated through fraud, the problem could never be duplicated in crash tests, the liars had to add explosive devices to get them to burn. Know what else came out - the Pinto was another case of their fraud! The fact is, there were far fewer fires in those trucks than comparable models, and way far fewer than in most car crashes. You were much safer in the trucks than most cars. But with media liars like you on the job, noone hears that.

Plaintiff lawyers like John Edwards are money grubbing liars and blood suckers who feed off of lies and people's pain. Thank goodness he did that chick and kept him away from the White House.]]>
Should You Buy an American Car? http://seekingalpha.com/article/140662-should-you-buy-an-american-car?source=feed#comment-526330 526330
The rest of you, wondering why your house is worth nothing, your local government is going broke and your 401k can't buy a cup of coffee? Look at the Honda in your driveway, dopes.]]>
Mon, 01 Jun 2009 10:25:57 -0400
The rest of you, wondering why your house is worth nothing, your local government is going broke and your 401k can't buy a cup of coffee? Look at the Honda in your driveway, dopes.]]>
Housing: 'We're About to Have a Big Problem' http://seekingalpha.com/article/139546-housing-we-re-about-to-have-a-big-problem?source=feed#comment-519206 519206
If people had good paying jobs they would be buying these houses, prices would rise and this article would be titled, "Buy real estate, they aren't making more land".

So load all of your junk in your Honda and drive past the forclosed sign and wonder why it is happening to you. Well, the "buy American" crowd has been warning you for years.]]>
Wed, 27 May 2009 08:17:10 -0400
If people had good paying jobs they would be buying these houses, prices would rise and this article would be titled, "Buy real estate, they aren't making more land".

So load all of your junk in your Honda and drive past the forclosed sign and wonder why it is happening to you. Well, the "buy American" crowd has been warning you for years.]]>
Using Innovation to Save the Auto Industry http://seekingalpha.com/article/139359-using-innovation-to-save-the-auto-industry?source=feed#comment-516957 516957
Your comments about design staffs indicates you know not a single thing about the auto business.

Cars built in the 50's were good for about 50,000 real miles, when my Dad turned over 100,000 he was in the paper. I just finally junked a Cavalier, a truly cheaply built car with 280,000 miles on it.

yeah, cars cost 10 times what a home did in 1951, but homes cost 100 times what they did then, so the cost of a car is 1/10th what it was and they last 5 times longer. What's your point doofus?]]>
Mon, 25 May 2009 14:14:02 -0400
Your comments about design staffs indicates you know not a single thing about the auto business.

Cars built in the 50's were good for about 50,000 real miles, when my Dad turned over 100,000 he was in the paper. I just finally junked a Cavalier, a truly cheaply built car with 280,000 miles on it.

yeah, cars cost 10 times what a home did in 1951, but homes cost 100 times what they did then, so the cost of a car is 1/10th what it was and they last 5 times longer. What's your point doofus?]]>
Does America Want to Buy Fuel Efficient Cars? http://seekingalpha.com/article/138809-does-america-want-to-buy-fuel-efficient-cars?source=feed#comment-513050 513050
This is really funny: "My guess is the marketing machines at GM, Ford, Toyota, etc can sell the American public on buying anything the automakers want to sell", yeah that's why GM's market share is way up, because they can make people buy stuff they don't want! Do they keep the sharp things away from you?]]>
Thu, 21 May 2009 12:38:52 -0400
This is really funny: "My guess is the marketing machines at GM, Ford, Toyota, etc can sell the American public on buying anything the automakers want to sell", yeah that's why GM's market share is way up, because they can make people buy stuff they don't want! Do they keep the sharp things away from you?]]>
Chrysler and GM Closing Car Dealerships - Will It Hurt Sales? http://seekingalpha.com/article/137225-chrysler-and-gm-closing-car-dealerships-will-it-hurt-sales?source=feed#comment-500648 500648 Tue, 12 May 2009 12:44:28 -0400 Could Apple and Google Replace GM and Citi in the Dow? http://seekingalpha.com/article/125218-could-apple-and-google-replace-gm-and-citi-in-the-dow?source=feed#comment-421270 421270
Noone has a problem with the Dow Jones INDUSTRIALS having a manufacturer replaced with a software company and a retailer that sells imported goods. I am sure that will make the Dow an even better measure of the industrial state of our economy.]]>
Tue, 10 Mar 2009 22:29:15 -0400
Noone has a problem with the Dow Jones INDUSTRIALS having a manufacturer replaced with a software company and a retailer that sells imported goods. I am sure that will make the Dow an even better measure of the industrial state of our economy.]]>
Six Reasons Why GM Should Declare Bankruptcy http://seekingalpha.com/article/124889-six-reasons-why-gm-should-declare-bankruptcy?source=feed#comment-419549 419549
BTW, moron, most of GM's US plants are outside of Michigan.


On Mar 09 02:54 PM elcopone wrote:

> BabyRay your post below is dispicable. You are part of the problem
> that plagues the USA today - fighting for self interest above the
> interest of the nation as a whole. You are either a UAW retiree or
> a GM employee. Your reasons make that very clear. I will refute each
> of your points but this time with the interest of the entire USA
> at heart, not just Detroit.
>
> 1. Plenty of companies offer the same thing. So you are saying to
> save ANY company that offers those things? Also, last I checked GM
> was shedding jobs faster than any company in the us, and the jobs
> that are left are being shipped to Maxicao and China.
> 2. Who cares? Why does the government care? Why are they taking over
> the fund if the go Chapter 11 (this is the clear and obvious tell
> that you are a UAW retiree).
> 3. Lots of ways to attack this but.. 1 million people? Where do you
> get that figure from? Oh wait, from Wagoner and his doom and gloom
> scenario that completely ignores the way A: Chapter 11 bankrupcy
> works and B: the way capitalism works (meaning there will be investors
> to consildate the industry so that every single person who has anything
> to do with auto's is not unemployed).
> 4. Why save those rotting symbols of American laziness and inefficiency?
> How does not going into Chapter 11 save those cities? You may want
> to ask your boy Wagoner why he is making cars in Canada, Mexico,
> and China, not the US taxpayer for another handout.
> 5. The "last great American Manufacturing..." Are you crazy? You
> really are drinking that Kool-Aid! What about a little company called
> John Deere? Ever hear of another company called Catapiller??? Dell?
> HP? AMD? Intel? GE?
> 6. Those foreign companies provide jobs moron. You know, there is
> an entire country of your fellow Americans outside of Michigan that
> need jobs as well. I mean how selfish can you be.
>
> You sir are the exact problem with GM, the US Auto Industry, and
> the US in general. Lies, manipulation, greed, and deceit.]]>
Mon, 09 Mar 2009 14:59:36 -0400
BTW, moron, most of GM's US plants are outside of Michigan.


On Mar 09 02:54 PM elcopone wrote:

> BabyRay your post below is dispicable. You are part of the problem
> that plagues the USA today - fighting for self interest above the
> interest of the nation as a whole. You are either a UAW retiree or
> a GM employee. Your reasons make that very clear. I will refute each
> of your points but this time with the interest of the entire USA
> at heart, not just Detroit.
>
> 1. Plenty of companies offer the same thing. So you are saying to
> save ANY company that offers those things? Also, last I checked GM
> was shedding jobs faster than any company in the us, and the jobs
> that are left are being shipped to Maxicao and China.
> 2. Who cares? Why does the government care? Why are they taking over
> the fund if the go Chapter 11 (this is the clear and obvious tell
> that you are a UAW retiree).
> 3. Lots of ways to attack this but.. 1 million people? Where do you
> get that figure from? Oh wait, from Wagoner and his doom and gloom
> scenario that completely ignores the way A: Chapter 11 bankrupcy
> works and B: the way capitalism works (meaning there will be investors
> to consildate the industry so that every single person who has anything
> to do with auto's is not unemployed).
> 4. Why save those rotting symbols of American laziness and inefficiency?
> How does not going into Chapter 11 save those cities? You may want
> to ask your boy Wagoner why he is making cars in Canada, Mexico,
> and China, not the US taxpayer for another handout.
> 5. The "last great American Manufacturing..." Are you crazy? You
> really are drinking that Kool-Aid! What about a little company called
> John Deere? Ever hear of another company called Catapiller??? Dell?
> HP? AMD? Intel? GE?
> 6. Those foreign companies provide jobs moron. You know, there is
> an entire country of your fellow Americans outside of Michigan that
> need jobs as well. I mean how selfish can you be.
>
> You sir are the exact problem with GM, the US Auto Industry, and
> the US in general. Lies, manipulation, greed, and deceit.]]>
Six Reasons Why GM Should Declare Bankruptcy http://seekingalpha.com/article/124889-six-reasons-why-gm-should-declare-bankruptcy?source=feed#comment-419545 419545

On Mar 09 02:19 PM 1uncle wrote:

> Auto workers should work until they are 65 or whenever social security
> kicks in at their time of retirement and then get a pension for the
> number of years worked prorated. They should also pay into social
> security, which should be less cost automakers.]]>
Mon, 09 Mar 2009 14:56:19 -0400

On Mar 09 02:19 PM 1uncle wrote:

> Auto workers should work until they are 65 or whenever social security
> kicks in at their time of retirement and then get a pension for the
> number of years worked prorated. They should also pay into social
> security, which should be less cost automakers.]]>
The GM Meltdown http://seekingalpha.com/article/124360-the-gm-meltdown?source=feed#comment-414971 414971 Thu, 05 Mar 2009 17:34:50 -0500 As GM Goes, So Goes the Nation (Part 2) http://seekingalpha.com/article/122787-as-gm-goes-so-goes-the-nation-part-2?source=feed#comment-404252 404252

On Feb 26 08:34 AM The Mad Hedge Fund Trader wrote:

> I’ll tell you what GM’s problem is. My dad was a religious lifetime
> GM customer, buying a new Oldsmobile every five years. Once he even
> flew to Detroit for a factory tour and drove his new prize home.
> Thirty years ago I told him he was doing GM no favors by buying their
> cars, and the only way to force them to improve a deteriorating product
> was to buy better made German and Japanese vehicles. This was right
> after the State of California had forced auto makers to install seatbelts
> on new cars. Airbags and ABS brake systems were still years away.
> His response, “I didn’t fight the Japs for four years so I could
> buy their cars.” (He was a Marine). GM’s problem is that my Dad passed
> away seven years ago. Of the original 17 million WWII veterans, 1,500
> a day are dying, and there are only 1.5 million left. All of them
> loved Detroit because it built great Jeeps, Sherman tanks, and half
> tracks. Their kids prefer German, Japanese, Italian, Korean, and
> soon, Chinese, and Indian vehicles. It is no coincidence that GM’s
> problems really accelerated with the passing of the “greatest generation.”
>
> ]]>
Thu, 26 Feb 2009 08:52:52 -0500

On Feb 26 08:34 AM The Mad Hedge Fund Trader wrote:

> I’ll tell you what GM’s problem is. My dad was a religious lifetime
> GM customer, buying a new Oldsmobile every five years. Once he even
> flew to Detroit for a factory tour and drove his new prize home.
> Thirty years ago I told him he was doing GM no favors by buying their
> cars, and the only way to force them to improve a deteriorating product
> was to buy better made German and Japanese vehicles. This was right
> after the State of California had forced auto makers to install seatbelts
> on new cars. Airbags and ABS brake systems were still years away.
> His response, “I didn’t fight the Japs for four years so I could
> buy their cars.” (He was a Marine). GM’s problem is that my Dad passed
> away seven years ago. Of the original 17 million WWII veterans, 1,500
> a day are dying, and there are only 1.5 million left. All of them
> loved Detroit because it built great Jeeps, Sherman tanks, and half
> tracks. Their kids prefer German, Japanese, Italian, Korean, and
> soon, Chinese, and Indian vehicles. It is no coincidence that GM’s
> problems really accelerated with the passing of the “greatest generation.”
>
> ]]>
As GM Goes, So Goes the Nation (Part 2) http://seekingalpha.com/article/122787-as-gm-goes-so-goes-the-nation-part-2?source=feed#comment-404250 404250
"In 1953, at the peak of its dominance, its President, Charles Wilson, declared before Congress that what was good for the country was good for GM and vice versa"

Charles Wilson, was asked at his confirmation hearing before congress, that if something was good for America and bad for GM, which would he choose. His reply was, "If it is good for America it is good for GM", meaning that even if a decision might hurt GM in the short term, in the long run the health of the American economy was good for GM.

It had nothing to do with hubris or anything else, it was a good answer to the question.

This lie is the poster child for all that is wrong with the news media in the USA. If it sounds good, it does not have to be true.

Have some small amount of integrity and publish a retraction.]]>
Thu, 26 Feb 2009 08:51:55 -0500
"In 1953, at the peak of its dominance, its President, Charles Wilson, declared before Congress that what was good for the country was good for GM and vice versa"

Charles Wilson, was asked at his confirmation hearing before congress, that if something was good for America and bad for GM, which would he choose. His reply was, "If it is good for America it is good for GM", meaning that even if a decision might hurt GM in the short term, in the long run the health of the American economy was good for GM.

It had nothing to do with hubris or anything else, it was a good answer to the question.

This lie is the poster child for all that is wrong with the news media in the USA. If it sounds good, it does not have to be true.

Have some small amount of integrity and publish a retraction.]]>
Auto Manufacturing: What Does 'Buy American' Even Mean? http://seekingalpha.com/article/122826-auto-manufacturing-what-does-buy-american-even-mean?source=feed#comment-404221 404221

On Feb 26 08:31 AM Joey wrote:

> eddie6442, good point. I think Ross Perot would make an excellent
> Chairman and CEO of GM. He is not a "yes man". Something that GM
> has not seen since Ross was there. GM will be an example of a great
> case study of poor management - what not to do when running a company
> (in regards to blind obiedence and thinktank).]]>
Thu, 26 Feb 2009 08:36:09 -0500

On Feb 26 08:31 AM Joey wrote:

> eddie6442, good point. I think Ross Perot would make an excellent
> Chairman and CEO of GM. He is not a "yes man". Something that GM
> has not seen since Ross was there. GM will be an example of a great
> case study of poor management - what not to do when running a company
> (in regards to blind obiedence and thinktank).]]>
Auto Manufacturing: What Does 'Buy American' Even Mean? http://seekingalpha.com/article/122826-auto-manufacturing-what-does-buy-american-even-mean?source=feed#comment-404216 404216
How about you go to India for a brain transplant.


On Feb 26 07:55 AM Joey wrote:

> GM is bleeding over $2 billion dollars a month. No matter how poorly
> run GM is, they still keep the BOD still keep the CEO and his henchmen.
> If I were CEO, I would get rid of many of the white collar workforce.
> I would clear out almost the entire body of unclassified workers
> (workers who make around $300,000 a year - and believe me, there
> are thousands of them). I would then cut the level 8 employees by
> 50% - moving the other 50% to the unclassified workers spots (these
> workers make around $150,000 a year). I would get rid of around 25%
> of the level 7 employees promoting them to the level 8 employees
> jobs. I would get rid of 50% of the people who work out of the Renissance
> building and would close 3 of the 5 regional offices. The remaining
> 2 regional offices can do the work of the 5. It is the same jobs
> out of the regional office - only instead of sending 1,000 emails
> to dealers they are sending 3,000 emails to dealers. Bleeding 2 billion
> dollars a month takes dramatic action. Also, in regards to insurance
> - I would take all of the planned surgeries (which is around 75%
> of the surgeries) and fly the people needing surgery to India for
> a week to get their hip replacements and cancer surgeries such as
> bone marrow transplants there.]]>
Thu, 26 Feb 2009 08:34:20 -0500
How about you go to India for a brain transplant.


On Feb 26 07:55 AM Joey wrote:

> GM is bleeding over $2 billion dollars a month. No matter how poorly
> run GM is, they still keep the BOD still keep the CEO and his henchmen.
> If I were CEO, I would get rid of many of the white collar workforce.
> I would clear out almost the entire body of unclassified workers
> (workers who make around $300,000 a year - and believe me, there
> are thousands of them). I would then cut the level 8 employees by
> 50% - moving the other 50% to the unclassified workers spots (these
> workers make around $150,000 a year). I would get rid of around 25%
> of the level 7 employees promoting them to the level 8 employees
> jobs. I would get rid of 50% of the people who work out of the Renissance
> building and would close 3 of the 5 regional offices. The remaining
> 2 regional offices can do the work of the 5. It is the same jobs
> out of the regional office - only instead of sending 1,000 emails
> to dealers they are sending 3,000 emails to dealers. Bleeding 2 billion
> dollars a month takes dramatic action. Also, in regards to insurance
> - I would take all of the planned surgeries (which is around 75%
> of the surgeries) and fly the people needing surgery to India for
> a week to get their hip replacements and cancer surgeries such as
> bone marrow transplants there.]]>
Auto Manufacturing: What Does 'Buy American' Even Mean? http://seekingalpha.com/article/122826-auto-manufacturing-what-does-buy-american-even-mean?source=feed#comment-404211 404211

On Feb 26 08:06 AM eddie6442 wrote:

> My Dad also fought the Japenese on Saipan & Kwajalein. He also
> drove Oldsmobiles for years. His disgust was the THREE YEAR PLANNED
> OBSELESCENCE GM BUILT INTO THEIR CARS. As soon as his three year
> payment book ended, his car was falling apart----ON DESIGN!!!!!!!!
>
>
> He is still alive at 90 and has a FORD COUNTRY WAGON, which has over
> 200,000 miles on it.............
>
> I have had Mercedes and Jaguars over the past 30 years. Now I drive
> a Cadillac---------but never again!!!!!!!!!! I have put nearly $8,000
> in repairs in the past year, with the major one being a new transmission
> -- as I was told ---- RIGHT ON SCHEDULE!!!!!!!!!!
>
> There are many reasons why a company with $35BB of quarterly revenues
> can't remain solvent, and profitable......... Ross Perot tried to
> explain it to them when he was on their BOD, following EDS aquisition...
>
> GM ran hm out of town & OFF THEIR BOD!!!!!!!!!!!
>
> INCOMPETENCE, ARROGANCE, IGNORANCE, EXTRAVAGENCE, UAW, POOR VISION,
> INTRANSAGENCE, etc.................
> ********PICK ONE --- OR ALL OF THEM*********
>
> IMHO]]>
Thu, 26 Feb 2009 08:31:51 -0500

On Feb 26 08:06 AM eddie6442 wrote:

> My Dad also fought the Japenese on Saipan & Kwajalein. He also
> drove Oldsmobiles for years. His disgust was the THREE YEAR PLANNED
> OBSELESCENCE GM BUILT INTO THEIR CARS. As soon as his three year
> payment book ended, his car was falling apart----ON DESIGN!!!!!!!!
>
>
> He is still alive at 90 and has a FORD COUNTRY WAGON, which has over
> 200,000 miles on it.............
>
> I have had Mercedes and Jaguars over the past 30 years. Now I drive
> a Cadillac---------but never again!!!!!!!!!! I have put nearly $8,000
> in repairs in the past year, with the major one being a new transmission
> -- as I was told ---- RIGHT ON SCHEDULE!!!!!!!!!!
>
> There are many reasons why a company with $35BB of quarterly revenues
> can't remain solvent, and profitable......... Ross Perot tried to
> explain it to them when he was on their BOD, following EDS aquisition...
>
> GM ran hm out of town & OFF THEIR BOD!!!!!!!!!!!
>
> INCOMPETENCE, ARROGANCE, IGNORANCE, EXTRAVAGENCE, UAW, POOR VISION,
> INTRANSAGENCE, etc.................
> ********PICK ONE --- OR ALL OF THEM*********
>
> IMHO]]>
Auto Manufacturing: What Does 'Buy American' Even Mean? http://seekingalpha.com/article/122826-auto-manufacturing-what-does-buy-american-even-mean?source=feed#comment-404208 404208

On Feb 26 07:21 AM The Mad Hedge Fund Trader wrote:

> I’ll tell you what GM’s problem is. My dad was a religious lifetime
> GM customer, buying a new Oldsmobile every five years. Once he even
> flew to Detroit for a factory tour and drove his new prize home.
> Thirty years ago I told him he was doing GM no favors by buying their
> cars, and the only way to force them to improve a deteriorating product
> was to buy better made German and Japanese vehicles. This was right
> after the State of California had forced auto makers to install seatbelts
> on new cars. Airbags and ABS brake systems were still years away.
> His response, “I didn’t fight the Japs for four years so I could
> buy their cars.” (He was a Marine). GM’s problem is that my Dad passed
> away seven years ago. Of the original 17 million WWII veterans, 1,500
> a day are dying, and there are only 1.5 million left. All of them
> loved Detroit because it built great Jeeps, Sherman tanks, and half
> tracks. Their kids prefer German, Japanese, Italian, Korean, and
> soon, Chinese, and Indian vehicles. It is no coincidence that GM’s
> problems really accelerated with the passing of the “greatest generation.”
> ]]>
Thu, 26 Feb 2009 08:31:08 -0500

On Feb 26 07:21 AM The Mad Hedge Fund Trader wrote:

> I’ll tell you what GM’s problem is. My dad was a religious lifetime
> GM customer, buying a new Oldsmobile every five years. Once he even
> flew to Detroit for a factory tour and drove his new prize home.
> Thirty years ago I told him he was doing GM no favors by buying their
> cars, and the only way to force them to improve a deteriorating product
> was to buy better made German and Japanese vehicles. This was right
> after the State of California had forced auto makers to install seatbelts
> on new cars. Airbags and ABS brake systems were still years away.
> His response, “I didn’t fight the Japs for four years so I could
> buy their cars.” (He was a Marine). GM’s problem is that my Dad passed
> away seven years ago. Of the original 17 million WWII veterans, 1,500
> a day are dying, and there are only 1.5 million left. All of them
> loved Detroit because it built great Jeeps, Sherman tanks, and half
> tracks. Their kids prefer German, Japanese, Italian, Korean, and
> soon, Chinese, and Indian vehicles. It is no coincidence that GM’s
> problems really accelerated with the passing of the “greatest generation.”
> ]]>
Auto Manufacturing: What Does 'Buy American' Even Mean? http://seekingalpha.com/article/122826-auto-manufacturing-what-does-buy-american-even-mean?source=feed#comment-404204 404204
3,870,000 GM vehicles were sold in the US, so GM production makes up about 85% of US sales. A higher percentage of the vehicles sold in the US were imported, because many of the US vehicles were exported. This also does not include many thousands of vehicles that were assembles outside the US from "kits" of parts shipped from the US.

From reading blogs you would think that no GM vehicles were made here. 85% is pretty good, considering the financial, tax, and regulatory disincentives there are to not build anything here. Ask Zenith how easy it is to be an American manufacturer.

Yes, GM is a global company, but they are an American Company. "Toyota USA" is not, no matter how much you might wish it was.

I wonder what it is about many Americans that they hate American companies so much they make up lies about them. ]]>
Thu, 26 Feb 2009 08:29:21 -0500
3,870,000 GM vehicles were sold in the US, so GM production makes up about 85% of US sales. A higher percentage of the vehicles sold in the US were imported, because many of the US vehicles were exported. This also does not include many thousands of vehicles that were assembles outside the US from "kits" of parts shipped from the US.

From reading blogs you would think that no GM vehicles were made here. 85% is pretty good, considering the financial, tax, and regulatory disincentives there are to not build anything here. Ask Zenith how easy it is to be an American manufacturer.

Yes, GM is a global company, but they are an American Company. "Toyota USA" is not, no matter how much you might wish it was.

I wonder what it is about many Americans that they hate American companies so much they make up lies about them. ]]>
GM Finds an Unlikely Leadership Opportunity http://seekingalpha.com/article/122267-gm-finds-an-unlikely-leadership-opportunity?source=feed#comment-401226 401226
Either that or that is the max load requirements for the electrical service. You think the charger is going to run at that for 8 hours? If it was, the electrical service would be rated at 60 amps.

My source? news.cnet.com/8301-111... and about a hundred other articles.

You are such a dope.]]>
Tue, 24 Feb 2009 09:19:48 -0500
Either that or that is the max load requirements for the electrical service. You think the charger is going to run at that for 8 hours? If it was, the electrical service would be rated at 60 amps.

My source? news.cnet.com/8301-111... and about a hundred other articles.

You are such a dope.]]>
GM Finds an Unlikely Leadership Opportunity http://seekingalpha.com/article/122267-gm-finds-an-unlikely-leadership-opportunity?source=feed#comment-401176 401176
I don't know where your numbers came from, probably saw them in a dream, huh? 240 kW-Hours would drive this car for 1200 miles.

A charge on this battery is actually 8 kW-H which is about 80 cents.]]>
Tue, 24 Feb 2009 08:51:50 -0500
I don't know where your numbers came from, probably saw them in a dream, huh? 240 kW-Hours would drive this car for 1200 miles.

A charge on this battery is actually 8 kW-H which is about 80 cents.]]>
Recent Policy Decisions and a Greater Depression http://seekingalpha.com/article/121726-recent-policy-decisions-and-a-greater-depression?source=feed#comment-396633 396633
We need to make US manufacturing compedetive with the rest of the world, then people will have the wealth to buy homes.

No, instead we'll do a rant about the UAW and corporate jets and ignore the fundamental problems with the economy.

Pay no attention tot he man behind the curtain!]]>
Fri, 20 Feb 2009 11:17:13 -0500
We need to make US manufacturing compedetive with the rest of the world, then people will have the wealth to buy homes.

No, instead we'll do a rant about the UAW and corporate jets and ignore the fundamental problems with the economy.

Pay no attention tot he man behind the curtain!]]>
Chevrolet's Malibu Sets New Record for Mid-Size Car http://seekingalpha.com/article/66255-chevrolet-s-malibu-sets-new-record-for-mid-size-car?source=feed#comment-120079 120079
Study after study has shown that for years there has been no appreciable difference in quality between the US manufacturers and the Japanese. "Toyota Quality" is a well cultivated myth reinforced by people who will not admit that when they bought Japanese they got no better.

Our economy is sliding into the ditch and tens of thousands of Japanese car owners are losing their homes and don't know why.

It's simple. You build wealth by making things. We have decided to have other people make things for us, so we are losing our wealth.

Now I will be flamed by the self hating Americans who will declare that all things Japanese are better. Of course they are, who wants to buy a product made by someone like you?

Meanwhile I have a 1990 Chevy out here with 250,000 miles on it and the original drive train. More American junk.

Read the latest news? Stores now want Euros instead of dollars. Keep buying Japanese, maybe someday we will qualify for foriegn aid from them.]]>
Thu, 28 Feb 2008 08:06:50 -0500
Study after study has shown that for years there has been no appreciable difference in quality between the US manufacturers and the Japanese. "Toyota Quality" is a well cultivated myth reinforced by people who will not admit that when they bought Japanese they got no better.

Our economy is sliding into the ditch and tens of thousands of Japanese car owners are losing their homes and don't know why.

It's simple. You build wealth by making things. We have decided to have other people make things for us, so we are losing our wealth.

Now I will be flamed by the self hating Americans who will declare that all things Japanese are better. Of course they are, who wants to buy a product made by someone like you?

Meanwhile I have a 1990 Chevy out here with 250,000 miles on it and the original drive train. More American junk.

Read the latest news? Stores now want Euros instead of dollars. Keep buying Japanese, maybe someday we will qualify for foriegn aid from them.]]>