Gumby

Auto Sales Continue to Slide Downhill

UAW still thinks they dont need bondholders and sharehlders.

Is Anything Worth Owning in the Auto Industry?

We let our Zenith televisions. cameras, textiles, customer support , etc go overseas. Now cars.. then what next.. Something gotta be next , right?? Yeah, maybe Boeing jets, hmmm , aha, jet engines of GE, hmm aha 3M tapes, hmmm aha Good year tires, hmmm aha, school teachers, hmmm aha Apple computers, hmmm aha, HOme Depots, hmm aha booze, hmmm aha, gasoine stations, hmmm aha , convenience stores, hmmm aha lawyers, hmmm aha prison systems, hmmm aha politicians, hmmm aha terminally ill patients, hmmm aha, tobacco companies, hmm aha aluminium companies, hmm aha railroads, hmmm aha NASA, hmmmaha solar industries and utilties, hmm aha banks, hmmm aha sewage systems hmm aha forests, hmmm aha national parks, hmm aha interstate highways, hmm aha museums , hmm aha, chemicals, hmm aha NFL, NBA and HL, hmm aha Pentagon, hmm aha guns... Nuclear holocaust !!

Is Anything Worth Owning in the Auto Industry?

What if a super volcano erupted iin Japan and burned many car plants there. duh?

Is Anything Worth Owning in the Auto Industry?

The plain truth is that we can easily bring oil prices down again like we did during Reagan's terms. It was really Jimmy Carter who jawboned GM and Ford into "compacting" big cars by two feet or so . GM and Ford used to have a long lineup of four cylinder models and pickups imported from Isuzu, Mazda and Mitsubishi rebadged as LUV, Courier and D50. Even Mustangs had 4 cylinders back then. V8 displacements were shrunken from 400 cu down to mere 300 cu or 4.0 liter or so from 5.7 or even 6.5 for Caddys.. Four barrel carburetors were history. Big Oil figured out ways to stretch depleted oil reserves with horizitional drilling. We were intoxicated with excitement and return to gas guzzlers . GM and Ford is perfectly capable of building excellent models with anticipated financial savings bestowed by UAW in the coming years. What remains to be seen is whether UAW will return to mischief makings as usual or not...This remains to be seen..

Is Anything Worth Owning in the Auto Industry?

I think Goldman SAchs downgraded GM so to save its holdings on TM and HOnda ... Goldman Sachs is a traitor to America..

Is Anything Worth Owning in the Auto Industry?

General Motors still has 2 billion spare shares to flood the markets. Even on top of that, GM still has relatively few shares outstanding as compared to Oracle, Microsoft and General Electric. They are floating billions of shares already... GM has only one half billion shares against even falling revenues of $170 billion. Plenty, plenty of time to make a turnaround... Chrysler already went through that with Lee Iaccocca.. Chrysler used to have only 70 millioin shares then ballooned to hundreds billions of shares yet stock price took off. GM is still a DJIA component. Chrysler used to be a DJIA and kicked out before its turn around with Lee Iacocca. Chris, you must be still a toddler with ABC blocks while that happend...

Is Anything Worth Owning in the Auto Industry?

GM and Ford can sue Big Oil to recover the oil dollars that Big Oil made off SUV and PickUp owners filling up tanks and tanks of gasoline for years and years to no end. It is in Big Oil's own interest to keep GM and Ford solvent. Maybe we dont need lawyers but just a take over of GM and Ford by Big Oil corporations??

Is Anything Worth Owning in the Auto Industry?

Surprises and surprises everywhere everyday... Thanks to Great American Ignorance!

Is Anything Worth Owning in the Auto Industry?

Goldman Sachs sounds like it is in deep trouble right now... It can be next Bears Sterns..

Is Anything Worth Owning in the Auto Industry?

Our economy is going down the drains and I hid the only drain plug available to stop the hemorragging... You know better than to keep bitchin;.

Is Anything Worth Owning in the Auto Industry?

You are nothing but an financial illusionist... once you see then you dont...

Is Anything Worth Owning in the Auto Industry?

Road kill time for rednecks!!

Is Anything Worth Owning in the Auto Industry?

I still have plenty of surprises left up my sleeves for you squirrels...

Is Anything Worth Owning in the Auto Industry?

If GM and Ford, so will GE, Boeing, 3M, DuPont, etc,, the only industry left thriving will be makeup industries like Revlon and Avon...

Is Anything Worth Owning in the Auto Industry?

I worked my ass off changing GM , Ford, UAW, and even dumb ass shareholders for past years and I expect it to pay off . The last thing I need is a bitchin lette from you...