Automaker Bailout Is Just Buying Time [View article]
Shareholders lost money on GM Ford stock, UAW gave up wages and benefits. Managements stop flying in corporate jets. President Bush finally gave in with $17 billion for GM and Chrysler. Did I miss anything else? Aha! Yes,.... the carbuyers has not come back yet... This is the last item we forgot... Right? duh?
Jason you look like a dumb blond Republican, alright.. Anyway, dont you realize that Japan had been buying back dollars for years to prop up dollars ... If not for that, our dollars will probably get you only 50 yens or less to spend during your Japan trip next time .... Ah, also, if you are still thinkin about buying a new Civic, you better be prepared to put up $40,000 in weak dollars. It is clearly not GM or Ford fault that we had weak dollars. Nor do I forgive UAW pigs or keystone managers.. I really feel very sorry for the miserable lifes that japanese citizens had to endure in order to survive under the insane dollar buying government of Japan... What a dollar addict, indeed!
If I prefer imports over GM or Ford, I would buy imports as long as GM and Ford is still financially sound. It is quite the opposite lately, I would reconsider GM and Ford this time around until they get back on thier own feet. This is not the time to compare now, we should know by now that GM and Ford might not be around much longer if we continue to wear blinders. It is like watching a huge ice block breaking off the ice shelf down there in the Antarctica. Once GM and Ford goes, so will the rest of the American industry. Maybe General Electric, 3M, Caterpillar, Dow Chemical will be next to go down the tubes.. We already lost a lot of companies over the past decades.
What do you mean? Do you mean that readers are having trouble believing what J D Powers and those other quality examiners are saying? People have no trouble believing what JD Powers say about imports but not our domestic models? Is that what you are talking about? I think the real reason we are wary about our domestic makers stems largely from the quarrels between managements and unions. Either unions or managments got to shut up and do the job! This will do the trick!
Is Anything Worth Owning in the Auto Industry? [View article]
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? [View article]
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? [View article]
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? [View article]
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??
Auto Sales Continue to Slide Downhill [View article]
Automaker Bailout Is Just Buying Time [View article]
How To Save the Big 3 Automakers [View article]
How To Save the Big 3 Automakers [View article]
you look like a dumb blond Republican, alright.. Anyway, dont you realize that Japan had been buying back dollars for years to prop up dollars ... If not for that, our dollars will probably get you only 50 yens or less to spend during your Japan trip next time .... Ah, also, if you are still thinkin about buying a new Civic, you better be prepared to put up $40,000 in weak dollars. It is clearly not GM or Ford fault that we had weak dollars. Nor do I forgive UAW pigs or keystone managers.. I really feel very sorry for the miserable lifes that japanese citizens had to endure in order to survive under the insane dollar buying government of Japan... What a dollar addict, indeed!
Automaker Rebadging Revisited [View article]
Automaker Rebadging Revisited [View article]
I think the real reason we are wary about our domestic makers stems largely from the quarrels between managements and unions. Either unions or managments got to shut up and do the job! This will do the trick!
Is Anything Worth Owning in the Auto Industry? [View article]
Is Anything Worth Owning in the Auto Industry? [View article]
Is Anything Worth Owning in the Auto Industry? [View article]
Is Anything Worth Owning in the Auto Industry? [View article]
Is Anything Worth Owning in the Auto Industry? [View article]
Is Anything Worth Owning in the Auto Industry? [View article]
Is Anything Worth Owning in the Auto Industry? [View article]
Is Anything Worth Owning in the Auto Industry? [View article]
Is Anything Worth Owning in the Auto Industry? [View article]