PeakOiler

Could It Be a Happy New Year for Chrysler?

Nothing in the article or the comments about the other half of the problem: DEMAND is very weak and looks to stay weak throughout the recession, estimated by guys like Roubini to end late 2009. Even the best auto makers (Toyota, Honda, BMW) are struggling to sell vehicles, with Toyota at least taking huge losses.

So, while the supply side is being addresssed by the government, the demand side shows no signs of improving. What will drive demand in 2009, as unemployment continues to increase?

Chevy Volt: Can It Survive GM?

Fair question, DownOnMyLuck, Obama doesn't have any spectacular legislative accomplishments, but he's been right on the money on the less flashy bills he's introduced and sponsored/co-sponsored in both the Illinoisp and US senates (I won't go into boring detail). What he has done, though, is to inspire tens of millions of Americans and attract them to his proposals for change, and he's led the most sophisticated, successful, noble and honest campaign in the history of American politics. What you see and hear from his campaign will be what and how he directs this country. Things won't change overnight but they will change for the better.

Paul Begala, who followed Bush when he was the Texas governor, wrote a book in the year 2000 called 'Is Our Children Learning', in which he predicted pretty much every disaster that George W. Bush actual presided over during the past eight years. He said in 2000 that Bush would destroy America, and sure enough, Bush did destroy the country. I could write two books now: one for McCain which would be along the lines of the Begala book, and another for Obama, in which I would predict that Obama will turn this country around to be the shining example of democracy and capitalism that it deserves to be, where minority rights are protected, universal health care is set in stone, energy dependence is eliminated, the electrical grid rebuilt, and protective regulation added to the financial system, and much more.

Believe it, Obama will be considered one of our greatest presidents ever when he's done, if some crazy wacko doesn't shoot him first. Only in America.

Chevy Volt: Can It Survive GM?

Rick recently opined about Obama been helped inadvertently by corporate America (seekingalpha.com/artic...). Well Rick, maybe there's method in what you consider corporate madness.

Obama's number one priorty after he wins in a massive landslide is to address America's self-inflicted financial nightmare. Within his solution will be support for those corporations that enhance his vision of America's future, and that includes a green energy thrust and a rebuilding of the electrical grid to support that program. So to all you naysayers, GM is well positioned to benefit from Obama's drive to eliminate dependence on foreign oil. You folks need to look beyond the end of your noses.