Tesa

U.S. Automakers’ Race to the Bottom

The fact that Germans are seeing a gain should be an indication that the same will happen in USA. Wait till Americans find out that the large minivans in the show rooms will be the last crop.

Automaker Bailout Is Just Buying Time

Yes they are buying time and time for marginal recovery is what is needed now. The market needs time to sort out a reality that is sustainable but that reality should not be related to credit market crash.

Despite Everything, Capitalism Is Alive and Well

To the author,

If capitalism is not absence of failure then there is no need to boast about its super powers that it doesn't really have by your own admission.

The double talk by those that have caused the current financial disaster by boasting about the super powers of capitalism is easy to spot. They often bash unions and the worker class and yet they are blind to the massive corruption that capitalism has pursued and that is even after getting saved by socialism.

These claims are fabricated, they use what-if-scenarios although the boasters of purely capitalist economies were in fact on the receiving end of subsidy by socialism. The very banks and the very financial institutions that were advising to all other countries to join them, pushing for easy credit and damaging the world economy are the very high power institutions that claimed the super power of capitalism and also they were the very first institutions that begged to be saved by socialism when they "failed" and they did "fail".

To believe that all markets can stand these failures is either naive or manipulative.

The Case for Making Bigger Cars

Who said a Toyota can't bea gas guzzler

Toyota Land Cruiser:
MPG (city) 12
MPG (highway) 15
MPG (combined) 14

www.fueleconomy.gov/Fe...

On Dec 08 07:50 PM sickofthehype wrote:

> My 1998 Toyota Land Cruiser is paid for, has 229,000 miles on it
> and has never had a mechanical issue, EVER.
>

The Case for Making Bigger Cars

None-US car companies didn't dare to build so many gas guzzlers in their line ups because they couldn't really sell them to any other market other than US which exposed them to huge risk if the oil prices surged and guess what happened. US car companies rode the gas guzzler market which is also related to muscle car market for those with impractical engine power fixation bred by car enthusiasts .

No car company can withstand the risk of high energy prices as that is clear now if it wasn't before so the time for gas guzzlers has been. US car companies will have to compete with the rest in their own market and in the world market.