Byallmeans's Comments Byallmeans's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/263822/comments Fed's 'White Horse' GMAC Bailout Enables Consumer Credit Habit http://seekingalpha.com/article/112689-fed-s-white-horse-gmac-bailout-enables-consumer-credit-habit?source=feed#comment-342205 342205 Wed, 31 Dec 2008 02:18:50 -0500 Fed's 'White Horse' GMAC Bailout Enables Consumer Credit Habit http://seekingalpha.com/article/112689-fed-s-white-horse-gmac-bailout-enables-consumer-credit-habit?source=feed#comment-342204 342204 Wed, 31 Dec 2008 02:17:37 -0500 As Gas Prices Fall, Fuel Economy Loses Importance to Auto Shoppers http://seekingalpha.com/article/109571-as-gas-prices-fall-fuel-economy-loses-importance-to-auto-shoppers?source=feed#comment-323372 323372 Sun, 07 Dec 2008 20:20:42 -0500 As Gas Prices Fall, Fuel Economy Loses Importance to Auto Shoppers http://seekingalpha.com/article/109571-as-gas-prices-fall-fuel-economy-loses-importance-to-auto-shoppers?source=feed#comment-323370 323370 Ms Pelosi you and your ilk in washington have done no better with E85 infrastructure. The manufacturers stepped up and built the vehicles and the only thing you accompolished was subsidising the farmers into making E85 fuels with no infrastructure plan. Where is your PLAN!!! Stop being hypocritical and admit you have been culpable. ]]> Sun, 07 Dec 2008 20:20:07 -0500 Ms Pelosi you and your ilk in washington have done no better with E85 infrastructure. The manufacturers stepped up and built the vehicles and the only thing you accompolished was subsidising the farmers into making E85 fuels with no infrastructure plan. Where is your PLAN!!! Stop being hypocritical and admit you have been culpable. ]]> Say No to the Auto Industry Beggars http://seekingalpha.com/article/109560-say-no-to-the-auto-industry-beggars?source=feed#comment-323348 323348
And by the way Mr West gold will take a serious hit in the evet of a US domestic automobile collapse from the gold used for module and harness connectors to the reduction in microprocessor volume and the gold used to plate the pins on them. Not to mention the massive decline that would occur in jewelry sales due to an exxessive fall in personal comsumer spending.]]>
Sun, 07 Dec 2008 19:29:17 -0500
And by the way Mr West gold will take a serious hit in the evet of a US domestic automobile collapse from the gold used for module and harness connectors to the reduction in microprocessor volume and the gold used to plate the pins on them. Not to mention the massive decline that would occur in jewelry sales due to an exxessive fall in personal comsumer spending.]]>
Say No to the Auto Industry Beggars http://seekingalpha.com/article/109560-say-no-to-the-auto-industry-beggars?source=feed#comment-323314 323314 Sun, 07 Dec 2008 17:55:53 -0500 Say No to the Auto Industry Beggars http://seekingalpha.com/article/109560-say-no-to-the-auto-industry-beggars?source=feed#comment-323312 323312 There is absolutly nothing natural about thios economic contraction you idiot. Unless letting the thugs of wall street act like like drunk gamblers in vegas natural economics. Note to self: Remind me to never subscribe to this individuals market finance newsletter. Given that statement he made I would be better off consulting Ronald Mcdonald.
Just how short the market are youat this time? Inquiring minds want to know.]]>
Sun, 07 Dec 2008 17:51:19 -0500 There is absolutly nothing natural about thios economic contraction you idiot. Unless letting the thugs of wall street act like like drunk gamblers in vegas natural economics. Note to self: Remind me to never subscribe to this individuals market finance newsletter. Given that statement he made I would be better off consulting Ronald Mcdonald.
Just how short the market are youat this time? Inquiring minds want to know.]]>
Detroit's Big Three and the Democrats' Economic Illiteracy http://seekingalpha.com/article/107845-detroit-s-big-three-and-the-democrats-economic-illiteracy?source=feed#comment-314458 314458

users.rcn.com/jbarab/F...]]>
Tue, 25 Nov 2008 08:29:46 -0500

users.rcn.com/jbarab/F...]]>
Detroit's Big Three and the Democrats' Economic Illiteracy http://seekingalpha.com/article/107845-detroit-s-big-three-and-the-democrats-economic-illiteracy?source=feed#comment-314455 314455 actually no. The transplants drop kick their workers for dubious offenses just before they are elgiable to retire and thereby negate their entitlements. Now there havent been many retirees from transplants but there have been enough side stories to indicate that what I have said is true. Just like Honda made the OSHA dirty dozen list for working their US workers to death (literally) Just go google it (OSHA dirty dozen)]]> Tue, 25 Nov 2008 08:27:03 -0500 actually no. The transplants drop kick their workers for dubious offenses just before they are elgiable to retire and thereby negate their entitlements. Now there havent been many retirees from transplants but there have been enough side stories to indicate that what I have said is true. Just like Honda made the OSHA dirty dozen list for working their US workers to death (literally) Just go google it (OSHA dirty dozen)]]> Detroit's Big Three and the Democrats' Economic Illiteracy http://seekingalpha.com/article/107845-detroit-s-big-three-and-the-democrats-economic-illiteracy?source=feed#comment-314451 314451 GM makes cars in china and Europe just to name 2 of 35 countries. GM is profitable in those countries. So at this point we can't blame the management. Apparently they can run a profitable auto venture.

The Foreign transplants can make cars here and make a profit using US workers so its not the U.S. workers per se.

So whats left. The UAW and legacy.]]>
Tue, 25 Nov 2008 08:23:14 -0500 GM makes cars in china and Europe just to name 2 of 35 countries. GM is profitable in those countries. So at this point we can't blame the management. Apparently they can run a profitable auto venture.

The Foreign transplants can make cars here and make a profit using US workers so its not the U.S. workers per se.

So whats left. The UAW and legacy.]]>
The Rules on Buybacks Ought to Be Changed for Citigroup http://seekingalpha.com/article/107439-the-rules-on-buybacks-ought-to-be-changed-for-citigroup?source=feed#comment-313186 313186 Sun, 23 Nov 2008 19:09:11 -0500 Citi's Management Looks Overmatched http://seekingalpha.com/article/107436-citi-s-management-looks-overmatched?source=feed#comment-313184 313184 Sun, 23 Nov 2008 19:06:48 -0500 Automakers: Bailout Arguments, Pro and Con http://seekingalpha.com/article/106896-automakers-bailout-arguments-pro-and-con?source=feed#comment-310533 310533 All of GM's brands are above averagew while many touted foreign brands are well below. This is a new survey as of this month.

www.jdpower.com/corpor...]]>
Thu, 20 Nov 2008 01:55:28 -0500 All of GM's brands are above averagew while many touted foreign brands are well below. This is a new survey as of this month.

www.jdpower.com/corpor...]]>
Automakers: Bailout Arguments, Pro and Con http://seekingalpha.com/article/106896-automakers-bailout-arguments-pro-and-con?source=feed#comment-310529 310529 won't happen until the government gets its head out of its behind and fixes fuel prices at a minimum 3.50 to 4.00 That is the threshold where the public really gets behind buying a green or a smaller car. Without this its pointless as people wont buy. Lets get real here. The Toyota prius sold like crazy in the run up to 4.00 fuel. then it stalled or flatlined in sales voulume in july/august. And the total impact of the Prius nationwide was only 2% of the market. They had volume issues at first but they adjusted for it by early summer. The bottom line is that americans talk a good line about wanting hybrids but the reality is less than 2% of the cars sold in the USA last year were Prius hybrids. And thats at 4 dollars.

So wheres the disconnect? Are the green huggers screaming louder than everyone else on the web making it look like everyone just has to have one now. Or is everyone just chanting a good line but wouldn't be caught dead in one even at 4.00 fuel. Maybe it takes 5 or 6 or 7 or 9 like most of the EU for people stop talking a good line and get real about it. When the public's ready to get real the automakers will get real.]]>
Thu, 20 Nov 2008 01:45:41 -0500 won't happen until the government gets its head out of its behind and fixes fuel prices at a minimum 3.50 to 4.00 That is the threshold where the public really gets behind buying a green or a smaller car. Without this its pointless as people wont buy. Lets get real here. The Toyota prius sold like crazy in the run up to 4.00 fuel. then it stalled or flatlined in sales voulume in july/august. And the total impact of the Prius nationwide was only 2% of the market. They had volume issues at first but they adjusted for it by early summer. The bottom line is that americans talk a good line about wanting hybrids but the reality is less than 2% of the cars sold in the USA last year were Prius hybrids. And thats at 4 dollars.

So wheres the disconnect? Are the green huggers screaming louder than everyone else on the web making it look like everyone just has to have one now. Or is everyone just chanting a good line but wouldn't be caught dead in one even at 4.00 fuel. Maybe it takes 5 or 6 or 7 or 9 like most of the EU for people stop talking a good line and get real about it. When the public's ready to get real the automakers will get real.]]>
Automakers: Bailout Arguments, Pro and Con http://seekingalpha.com/article/106896-automakers-bailout-arguments-pro-and-con?source=feed#comment-310518 310518 Thu, 20 Nov 2008 01:24:10 -0500 Automakers: Bailout Arguments, Pro and Con http://seekingalpha.com/article/106896-automakers-bailout-arguments-pro-and-con?source=feed#comment-310516 310516 Thu, 20 Nov 2008 01:21:32 -0500 Automakers: Bailout Arguments, Pro and Con http://seekingalpha.com/article/106896-automakers-bailout-arguments-pro-and-con?source=feed#comment-310515 310515 Be carefull what you wish for. So lets get it on.]]> Thu, 20 Nov 2008 01:20:29 -0500 Be carefull what you wish for. So lets get it on.]]> Automakers: Bailout Arguments, Pro and Con http://seekingalpha.com/article/106896-automakers-bailout-arguments-pro-and-con?source=feed#comment-310509 310509 CAFE which the public clamors for and which our government has readily legislated and Safety Regs which is another government agency are not mutually exclusive.

All automakers both domestic and foreign alike have made great strides in the last few years with regards to engine effeciency only to be placated by the fact that every year the government legislates added vehicle mass due to increased safety regs.

Did you know that since the year 2000 that safety regs have added anywhere from 1000 to 2000 LBS of mass to our vehicles (add it up, 2 front air bags, seat or curtain bags, a multitude of structural crash beams, roof structure increases, bigger brakes and suspension parts to compensate for the weight.) All of this has produced an almost zero sum game on vehicle effeciencies made out of the latest engine technology. Take the mass out of a 2008 full size truck that was added by increased safety regs just since 2000 and the fuel mileage will increase 25%.

The government wants to regulate CAFE, "So be it" However it is not possible to build a long term strategy when you have a moving target. The only thing increases in cafe without fuel cost management will do is to force companies to produce expensive fuel effecient cars that they will have to sell at a loss because people won't buy them if fuel is 2 dollars. Hence a significant contribution to them going broke. Until the government increases the price of fuel to 4.00 and acts as a clearing house to the fuel stations. (ie the government buys the fuel for the market rate from the refiners and distributes it at a fixed cost to stations. The overage going directly to the states that purchased the fuel, to support infrastructure rebuilding. Can you say europe) These businesses cannot and will not be able to create a profitable business structure long term.

The government has also failed miserably at the rollout of alternative fuels. GM began producing E85 engine vehicles in earnest around the 2000 time frame as the government looked the other way. That development cost a pretty penny at the time. Only after Hurricane K did our government get an E85 Hard on so to speak and all the sudden subsidized corn farmers to produce ethanol. Once again the manufacturers especially the domestics ramped up E85 vehicles on the governments promise. The government once again failed miserably and never mandated that E85 be forced into the fuel stations (ie no infrastructure) to drive competiton and cost reduction as bio ethanol begins to come on line. The auto industry is sick and tired of the government passing legislation either in a vaccume or not following through. from CAFE to Safety to Bio Fuels.

While the auto makers have made mistakes and contributed to their demise our own Government through its bickering and backroom payoffs has had a significant in the domestic auto maker calamity.

The import companies are just as miffed. So why are they doing better? Their not trying to float 740 thousand retirees pension and healthcare. Which by default in any type of Chapter 11 defaults to the US government to the tune of a minimum of 97 million a month for the rest of their lives.( say 20 years at least, figure is based on the average retiree making 2500 per month and the PBGF paying out 50%, and those numbers are conservative and do not include 740 thousand flopping over to medicade instead of the company funded healthcare plan.) Thats just one little aspect.

When GM alone stopps paying the 5 to 7 billion a year tab in medical insurance how do you figure the insurance companies are going to pick that back up. And believe me they will, you guessed it their going to pass on higher premiums to you and me.

Now if a Chapter 11 makes everyone feel good and the fallout that will come with it by all means lets get it on.




]]>
Thu, 20 Nov 2008 01:03:23 -0500 CAFE which the public clamors for and which our government has readily legislated and Safety Regs which is another government agency are not mutually exclusive.

All automakers both domestic and foreign alike have made great strides in the last few years with regards to engine effeciency only to be placated by the fact that every year the government legislates added vehicle mass due to increased safety regs.

Did you know that since the year 2000 that safety regs have added anywhere from 1000 to 2000 LBS of mass to our vehicles (add it up, 2 front air bags, seat or curtain bags, a multitude of structural crash beams, roof structure increases, bigger brakes and suspension parts to compensate for the weight.) All of this has produced an almost zero sum game on vehicle effeciencies made out of the latest engine technology. Take the mass out of a 2008 full size truck that was added by increased safety regs just since 2000 and the fuel mileage will increase 25%.

The government wants to regulate CAFE, "So be it" However it is not possible to build a long term strategy when you have a moving target. The only thing increases in cafe without fuel cost management will do is to force companies to produce expensive fuel effecient cars that they will have to sell at a loss because people won't buy them if fuel is 2 dollars. Hence a significant contribution to them going broke. Until the government increases the price of fuel to 4.00 and acts as a clearing house to the fuel stations. (ie the government buys the fuel for the market rate from the refiners and distributes it at a fixed cost to stations. The overage going directly to the states that purchased the fuel, to support infrastructure rebuilding. Can you say europe) These businesses cannot and will not be able to create a profitable business structure long term.

The government has also failed miserably at the rollout of alternative fuels. GM began producing E85 engine vehicles in earnest around the 2000 time frame as the government looked the other way. That development cost a pretty penny at the time. Only after Hurricane K did our government get an E85 Hard on so to speak and all the sudden subsidized corn farmers to produce ethanol. Once again the manufacturers especially the domestics ramped up E85 vehicles on the governments promise. The government once again failed miserably and never mandated that E85 be forced into the fuel stations (ie no infrastructure) to drive competiton and cost reduction as bio ethanol begins to come on line. The auto industry is sick and tired of the government passing legislation either in a vaccume or not following through. from CAFE to Safety to Bio Fuels.

While the auto makers have made mistakes and contributed to their demise our own Government through its bickering and backroom payoffs has had a significant in the domestic auto maker calamity.

The import companies are just as miffed. So why are they doing better? Their not trying to float 740 thousand retirees pension and healthcare. Which by default in any type of Chapter 11 defaults to the US government to the tune of a minimum of 97 million a month for the rest of their lives.( say 20 years at least, figure is based on the average retiree making 2500 per month and the PBGF paying out 50%, and those numbers are conservative and do not include 740 thousand flopping over to medicade instead of the company funded healthcare plan.) Thats just one little aspect.

When GM alone stopps paying the 5 to 7 billion a year tab in medical insurance how do you figure the insurance companies are going to pick that back up. And believe me they will, you guessed it their going to pass on higher premiums to you and me.

Now if a Chapter 11 makes everyone feel good and the fallout that will come with it by all means lets get it on.




]]>
Bust-Up, Not Bailout http://seekingalpha.com/article/105596-bust-up-not-bailout?source=feed#comment-304743 304743
Tesla has yet to deliver real cars in any significant amount Period!! They are also on the cusp of failing and its been 3 years. So whats the hold up its just batteries and an electric motor. Hell they don't even make the shell its a lotus with different body panels.]]>
Thu, 13 Nov 2008 00:28:18 -0500
Tesla has yet to deliver real cars in any significant amount Period!! They are also on the cusp of failing and its been 3 years. So whats the hold up its just batteries and an electric motor. Hell they don't even make the shell its a lotus with different body panels.]]>
Bust-Up, Not Bailout http://seekingalpha.com/article/105596-bust-up-not-bailout?source=feed#comment-303917 303917 some of this stuff these finance types write about manufacturing boggles the mind. You can't make this stuff up. LOL]]> Wed, 12 Nov 2008 09:17:30 -0500 some of this stuff these finance types write about manufacturing boggles the mind. You can't make this stuff up. LOL]]> Bust-Up, Not Bailout http://seekingalpha.com/article/105596-bust-up-not-bailout?source=feed#comment-303912 303912 Wed, 12 Nov 2008 09:14:58 -0500 Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? http://seekingalpha.com/article/105061-should-we-really-bail-out-the-big-three-automakers-with-73-20-per-hour-labor?source=feed#comment-303655 303655 Tue, 11 Nov 2008 23:32:31 -0500 Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? http://seekingalpha.com/article/105061-should-we-really-bail-out-the-big-three-automakers-with-73-20-per-hour-labor?source=feed#comment-303653 303653

On Nov 11 09:48 PM hard working american wrote:

> One more thing i forgot to add
>
> sometime in the late 80's or early 90's GM had working electric car
> that averaged around 170 mile per charge. Now they have the VOLT
> that gets 40 miles to a charge
> they couldn't make any money on service. so they trashed the the
> prototypes (sent them to the crusher)
> If they would have continued that project they would probably have
> the #1 selling car in the world right now.
>
> BUT GREED GOT IN THE WAY
>
> DOWN WITH UNIONS]]>
Tue, 11 Nov 2008 23:28:16 -0500

On Nov 11 09:48 PM hard working american wrote:

> One more thing i forgot to add
>
> sometime in the late 80's or early 90's GM had working electric car
> that averaged around 170 mile per charge. Now they have the VOLT
> that gets 40 miles to a charge
> they couldn't make any money on service. so they trashed the the
> prototypes (sent them to the crusher)
> If they would have continued that project they would probably have
> the #1 selling car in the world right now.
>
> BUT GREED GOT IN THE WAY
>
> DOWN WITH UNIONS]]>
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? http://seekingalpha.com/article/105061-should-we-really-bail-out-the-big-three-automakers-with-73-20-per-hour-labor?source=feed#comment-303644 303644 Tue, 11 Nov 2008 23:11:54 -0500 Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? http://seekingalpha.com/article/105061-should-we-really-bail-out-the-big-three-automakers-with-73-20-per-hour-labor?source=feed#comment-303640 303640
Toyota is working on a plug in Prius. You know what its batteries are projected to proivide under full electric power? 6 Miles Then the engine takes over.

40 miles,6 miles. GM has the upper hand.]]>
Tue, 11 Nov 2008 23:04:16 -0500
Toyota is working on a plug in Prius. You know what its batteries are projected to proivide under full electric power? 6 Miles Then the engine takes over.

40 miles,6 miles. GM has the upper hand.]]>
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? http://seekingalpha.com/article/105061-should-we-really-bail-out-the-big-three-automakers-with-73-20-per-hour-labor?source=feed#comment-303637 303637

On Nov 11 09:48 PM hard working american wrote:

> One more thing i forgot to add
>
> sometime in the late 80's or early 90's GM had working electric car
> that averaged around 170 mile per charge. Now they have the VOLT
> that gets 40 miles to a charge
> they couldn't make any money on service. so they trashed the the
> prototypes (sent them to the crusher)
> If they would have continued that project they would probably have
> the #1 selling car in the world right now.
>
> BUT GREED GOT IN THE WAY
>
> DOWN WITH UNIONS]]>
Tue, 11 Nov 2008 22:58:57 -0500

On Nov 11 09:48 PM hard working american wrote:

> One more thing i forgot to add
>
> sometime in the late 80's or early 90's GM had working electric car
> that averaged around 170 mile per charge. Now they have the VOLT
> that gets 40 miles to a charge
> they couldn't make any money on service. so they trashed the the
> prototypes (sent them to the crusher)
> If they would have continued that project they would probably have
> the #1 selling car in the world right now.
>
> BUT GREED GOT IN THE WAY
>
> DOWN WITH UNIONS]]>
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? http://seekingalpha.com/article/105061-should-we-really-bail-out-the-big-three-automakers-with-73-20-per-hour-labor?source=feed#comment-303384 303384
Its gonna be awesome watching the military grind to a halt when all that high tech electronic stuff thats made by GM spin off companies like Hughes, Delphi, Raytheon etc all the sudden can't produce replacement parts for F16's F18's M1's Apaches etc because the same suppliers that are going down in a ball of flames are the same ones that make and supply those components.

But never fear we can source that stuff to china to.

Chapter 11 is no chapter as even in the event of a prepackaged C11 there are and will not be any investors to bring any of them out of C11. Won't happen just look at Delphi. They've been ready to go for a year now and no investors, zero nada zip zilch.

Get ready america, you asked for it your gonna get it.]]>
Tue, 11 Nov 2008 17:09:02 -0500
Its gonna be awesome watching the military grind to a halt when all that high tech electronic stuff thats made by GM spin off companies like Hughes, Delphi, Raytheon etc all the sudden can't produce replacement parts for F16's F18's M1's Apaches etc because the same suppliers that are going down in a ball of flames are the same ones that make and supply those components.

But never fear we can source that stuff to china to.

Chapter 11 is no chapter as even in the event of a prepackaged C11 there are and will not be any investors to bring any of them out of C11. Won't happen just look at Delphi. They've been ready to go for a year now and no investors, zero nada zip zilch.

Get ready america, you asked for it your gonna get it.]]>
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? http://seekingalpha.com/article/105061-should-we-really-bail-out-the-big-three-automakers-with-73-20-per-hour-labor?source=feed#comment-303353 303353
The simple fact is if the domestics are not supported some 780,000 retirees will fall into the PBGF which the american public will absorb wether they like it or not.

Lets do some math. The average retiree in that group makes about 2500 a month. If it defaults to the PBGF its about half. so 1250 * 780,000 = 97,500,000 per month the government will have to subsidize and thats a low ball figure.

If the government wants to fix the issue they'll level the playing field as the domestics have been asking for years.

That means addressing yen manipulation and reigning in the cost of medical in this country.

Its impossible for a company to be competitive when its the largest supplier of medical benefits in the entire USA to the tune of 5 billion a year. By the way if you fold that up the medical industry better bend over and you to because the medical industry and the pharma's will pass the cost right on to you. Plan on it like taxes.]]>
Tue, 11 Nov 2008 16:50:20 -0500
The simple fact is if the domestics are not supported some 780,000 retirees will fall into the PBGF which the american public will absorb wether they like it or not.

Lets do some math. The average retiree in that group makes about 2500 a month. If it defaults to the PBGF its about half. so 1250 * 780,000 = 97,500,000 per month the government will have to subsidize and thats a low ball figure.

If the government wants to fix the issue they'll level the playing field as the domestics have been asking for years.

That means addressing yen manipulation and reigning in the cost of medical in this country.

Its impossible for a company to be competitive when its the largest supplier of medical benefits in the entire USA to the tune of 5 billion a year. By the way if you fold that up the medical industry better bend over and you to because the medical industry and the pharma's will pass the cost right on to you. Plan on it like taxes.]]>
Corporate Bankruptcies: More Bad News Around the Corner? http://seekingalpha.com/article/105429-corporate-bankruptcies-more-bad-news-around-the-corner?source=feed#comment-303332 303332 Tue, 11 Nov 2008 16:35:18 -0500 Future of Auto Industry Up for Grabs with GM's Volt Debut http://seekingalpha.com/article/95709-future-of-auto-industry-up-for-grabs-with-gm-s-volt-debut?source=feed#comment-256416 256416 Tue, 16 Sep 2008 21:03:28 -0400