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Re: When Bankruptcy is necessary, not bailouts. [steve_]
by euphonium on Fri Nov 14 20:52:22 PST 2008
NO BAILOUTS FOR ANY FAILURE. There are 100's of insurance companies out there to pick up the pieces of AIG after bankruptcy saves the taxpayers from bailing it out. Same is true for the banking industry. Let the financial buzards who can still fly get a good buy. If pension benefits stop for the UAW, it wouldn't be the first time in manufacturing history. Remember Alcoa and the aluminum workers of Reynolds?
Re: Just bought a 2008 Honda Accord 2008 EX-L 4-cyl AT [tidester]
by taikundi32 on Sun Sep 28 02:14:02 PDT 2008
I think Honda should rethink their stance on this issue. The policy they have adopted is just Un-American. LETTER TO THE EDITOR FROM AUTOMOTIVENEWS.COM Saccucci: Let's hear it for free enterprise DALE FEIGLEY, MILFORD, MICH. THE WRITER IS A FORMER AUTO DEALER. SEPTEMBER 22, 2008 - 12:01 AM ET To the Editor: Boohoo for Honda and the Honda dealer group ("Honda's family squabble," Sept. 8). Here comes an enterprising young man, Gardiner Reynolds, who builds a better mousetrap to help save a small family dealership. He is successful in selling Honda extended warranties over the Internet to help keep the small store afloat. Initially, Honda loves it and uses him as a model of entrepreneurship in America. The big Honda dealers, however, are losing business to him and want Honda to shut him down. Having had a small, family-owned dealership near a large metropolitan area, I know how difficult it is to compete with much larger dealerships and dealership groups. The big stores had no problem selling in our area with cut-rate pricing. However, when customers needed personal service or had a service problem they couldn't get handled, they came back to us. Sound familiar? That is a fact of life in business. That is free enterprise. You big guys could do the same thing that this whiz, Gardiner Reynolds, is doing for Saccucci Honda. Quit crying and get back to work.
Saccucci Honda vs Honda of America Latest News
by joconnor on Thu Sep 11 11:57:19 PDT 2008
Honda's family squabble Using hints from Honda field reps, a small Rhode Island dealership began taking service contract business away from Honda stores around the country. Guess who got mad. Kathy Jackson Automotive News | September 8, 2008 - 12:01 am EST PROVIDENCE, R.I. — There was something about young, apple-cheeked Gardiner Reynolds that Honda field reps liked. A couple of them took the energetic, Gen Y computer whiz under their wings. In the process, they helped Reynolds save his grandmother's small, struggling Rhode Island auto dealership, Saccucci Honda. Reynolds, now 28, oversees one of the nation's top-selling retail Web sites for Honda parts and accessories. Another site he launched at Saccucci Honda may be the No. 1 retailer of Honda-backed extended warranties. These days, the little dealership can hold its own with much larger stores. It sells a huge number of service contracts at cost and rakes in factory bonus money based on volume. The Honda execs were so impressed with the kid's online operation — which has only two employees — that they brought executives from Japan to see for themselves. American Honda Finance Corp.'s finance and insurance zone manager once stood up at a dealer meeting and called Saccucci Honda's Internet business: "American capitalism at its best." But not everyone was thrilled. When several big Honda dealerships around the country began to complain about losing business to Saccucci's Web site, Honda got the message. The automaker put a stop to the online sales of Honda-backed warranties. Saccucci sued and now the dispute is in court. Monthly supplements Internet sales have provided a nice niche for Saccucci Auto Group. Here’s how the dollars are flowing from cyberspace. WEB SITE WHAT IT SELLS MONTHLY REVENUES hondapartsdeals.com Honda parts and accessories $200,000-300000 myhondawarranty.com Honda extended warranties $200,000 myfordwarranty.com Ford/Lincoln Mercury extended warranties $60,000 The answer: The Web Saccucci Honda hasn't had it easy this decade. Honda is having a good year, but the dealership's sales and profit margins on sales of new vehicles are dropping. The family-owned dealership has a tiny customer base on the island city of Middletown, R.I., with a population of 16,000. And right down the road, Boston-based Ernie Boch operates the largest Honda dealership in the country — famous throughout New England for ubiquitous TV commercials urging customers to "come on down" for the deals. Saccucci Honda's owners — 83-year-old Cora Saccucci and her two daughters, Barbara, 56, and Carol, 53 — are a conservative bunch. For years, they knew only one way to do business — the old-fashioned way. Then in 2006, Honda executives began applying pressure. In letters to the Saccuccis, they complained about the dealership's lack of working capital and the store's outdated facility, which also houses a Lincoln Mercury franchise. Automotive News http://www.autonews.com/apps/pbcs.dll/article?AID=/20080908/ANA0... 1 of 4 9/11/2008 14:55 The Saccucci women worried and began looking for an answer. It turned out to be right under their noses: Barbara's son Gardiner, a 2003 computer science graduate from Providence College. The field reps took an immediate liking to Reynolds. They had begun pushing dealers to turn to e-commerce — and the kid seemed to have the right stuff. "Honda would bring people in from Japan and say, 'Look what this kid has done,' " Barbara Saccucci said during court testimony here last month. "We make very little if any net profit on new and used-car sales. With Gardiner, I felt we were on the right track to enter the new millennium." ENLARGE Computer whiz Gardiner Reynolds, the son of one of the dealership owners, capitalized on Internet sales to expand the tiny store's customer base. Photo credit: NEAL HAMBERG Vital to bottom line But after complaints from Honda's National Dealer Advisory Board, the automaker decided that beginning April 1, it would prohibit Honda and Acura dealers from selling Honda-backed extended service contracts online. On March 28, Saccucci Honda won a temporary restraining order. The dealer council says Saccucci's low-priced online contracts were undercutting other dealers' in-house sales of service contracts and damaging the brand image. Barbara Saccucci says the online sales keep her in business. "Honda has a pump-in, pump-out list that shows where we have sold out of market and where others have sold in," she says. "We lose sales to other markets all of the time, so we have to work hard on the phone and the Internet to bring in sales. "This is an important part of our bottom line," she adds. "We may have to reconsider keeping the franchise if they take" away the online sales. Saccucci Auto Group was founded in the 1950s by Cora's husband, Michael Saccucci, who died in 1984. Michael was the general manager of a Lincoln Mercury store in nearby Newport, R.I. He acquired the franchise from the owner and in 1968, bought 5.5 acres in Middletown and moved the Lincoln Mercury store to the site. The Honda franchise was added in 1978. These days, the store sells about 80 to 100 new and used Hondas monthly and has 53 employees in the small, aging Automotive News http://www.autonews.com/apps/pbcs.dll/article?AID=/20080908/ANA0... 2 of 4 9/11/2008 14:55 dealership. Cora, working alongside her husband, handled jobs in all parts of the dealership and brought in the girls to keep it a family affair. Each of the women owns one-third of the business. "My husband always told me he would die before me," says Cora, an octogenarian who comes to the store every day. "He told me not to ever take on a partner and, if I do sell the franchise, to keep the land," which court records show is valued at nearly $3 million. The three women hope to pass the franchise on to Reynolds and his 23-year-old cousin, Michael Meyer, Carol's son and the store's sales manager. Building business "When Gardiner came to the business, he knew how to make the Internet work," Barbara said. "Everybody at Honda and at the dealership were happy because they knew this was a new revenue source." Reynolds started in sales when he joined the dealership out of college. According to court testimony, he soon came under the mentoring of Dan Enderley, the dealership's parts and service rep from American Honda. Enderley "felt the Internet was the future; he lit that fire in me," Reynolds said. "He came by often and would take me out to lunch. He knew we were small and thought we were too caught up in the family dealership. He thought the Internet could help us compete with bigger stores." Under Enderley's tutelage, Reynolds launched Hondapartsdeals.com in May 2004. The Web site initially sold only accessories. The next year, Reynolds added Honda's entire parts business, which brings in $200,000 to $300,000 a month. That's the same amount the dealership sells in parts a
Re: Global Warming as Religion and not Science [larsb]
by gagrice on Fri Sep 05 13:39:12 PDT 2008
You cannot compare surface temperatures in a few locations to the 3000 sensors placed around the globe. They claim No rise since the system was turned up. Brrr! Ocean water temps take a dip REHOBOTH BEACH -- Beachgoers and fishermen alike are noticing the unseasonably cold water temperatures that weather professionals attribute to a phenomena known as upwelling. "Current water temperatures are very close to their July normal values of 73 F. However, a week ago water temperatures were 10 degrees colder," said Meteorologist Gary Szatkowski of the National Weather Service. "South to southwest surface winds during the summer actually push the warm water temperatures at the surface offshore. Colder water from deeper in the ocean comes to the surface, resulting in cold water temperatures in the surf zone," he said. And people are definitely feeling the chill. "We have had a lot of people come up and ask if this is how the temperature normally is, and of course, we tell them no," said Lt. Mark Reynolds of the Rehoboth Beach Patrol. "The water got warmer for a few days -- went up to 71 or 72 F -- but now it's back down." http://www.delmarvanow.com/apps/pbcs.dll/article?AID=/20080722/NEWS01/807220336 No sunspots means a mini ice age is coming. Better get out the long johns. The Hummingbird migration is about 2 weeks early this year. I went from a gallon and a half per day last week to just about half a gallon yesterday. They are usually just coming in now. Lots of bees, not sure what that means.
Re: dallasdude [rockylee]
by imidazol97 on Sun Aug 10 18:47:31 PDT 2008
I realize that not all UAW workers lived like that. Indeed many lived in $150,000 homes and drove 2 cars with one being a year old. But there seemed to be a marked increase in the conspicuous consumption aspect after the Moraine plant replaced Frigidaire. The $450-500,000 homes are probably worth $325 now if someone will buy them. Another aspect in this area of Ohio where Rocky mentions some households having a stay-at-home mom (or dad in the case of a person in our elementary school when our kid was there) is that this area also has the WPAFB with lots of jobs for non college grads and Lexus-Nexus along with Reynolds Reynolds and NCR. But some of those have gone recently to lower employment or left the area. The many Delphi (nee Delco) plants making shocks, struts, brakes, seats, dashboards, employed a lot of people along with Harrison Radiator (AC compressors for your Jags and Volvos and Rolls? along with GM vehicles and maybe some Fords IIRC from when I last toured that plant before it closed.
Re: Just goes to prove [tidester]
by duke23 on Thu Jul 24 19:17:13 PDT 2008
If you had noticed, I did not imply that global warming was a function of c02 increase but rather stated that enough empirical eveidence was not in hand to base a logical conclusion. But as to cherry picking charts... Humbly, I only have these hardly reputable sources to cite, but you have? Center for the Study of Carbon Dioxide and Global Change. EPA Global Warming Site. Geography 1012: Planet Earth [lecture outlines]. Global Climate Change: Causes & Methods of Study. Introduction to Physical Geography II: Causes of Climate Change Merritts, D., DeWet, A. Menking, K. (1998). Environmental Geology: An Earth System Science Approach. W. H. Freeman and Company, New York, N.Y. Purves, W. K., Orians, G. H., H. C. (1995). Life: The Science of Biology. Fourth Edition. Sinauer Assosiates, Inc., Sunderland, MA. Rosenzweig, C. and Hiller, D. Potential Impact of Climate Change on Agriculture and Food Supply. Cornell University. Schlesinger, W. H. (1991). Biogeochemistry: An Analysis of Global Change. Academic Press, Inc., New York, NY. The Greenhouse Effect. *National Aeronautics and Space Administration Goddard Institute for Space Studies, †Columbia University Earth Institute, and §Sigma Space Partners, Inc., 2880 Broadway, New York, NY 10025; and ΆDepartment of Earth Science, University of California, Santa Barbara, CA 93106. References ↵Hansen J, Sato M, Ruedy R, Nazarenko L, Lacis A, Schmidt GA, Russell G, Aleinov I, Bauer M, Bell N, et al. (9 28, 2005) J Geophys Res 110, doi:10.1029/2005JD005776. ↵Pierrehumbert RT (2000) Proc Natl Acad Sci USA 97:1355–1358. FREE Full Text ↵Lea DW (2004) J Climate 17:2170–2179. CrossRef ↵Hansen J, Ruedy R, Sato M, Imhoff M, Lawrence W, Easterling D, Peterson T, Karl T (2001) J Geophys Res 106:23947–23963. CrossRef ↵Reynolds RW, Smith TM (1994) J Clim 7:929–948. CrossRef ↵Rayner N, Parker D, Horton E, Folland C, Alexander L, Rowell D, Kent E, Kaplan A (7 17, 2003) J Geophys Res 108, doi:10.1029/2002JD002670. ↵Hansen J, Lebedeff S (1987) J Geophys Res 92:13345–13372. ↵Hansen J, Ruedy R, Glascoe J, Sato M (1999) J Geophys Res 104:30997–31022. CrossRef ↵Comiso JC (2006) Weather 61:70–76. CrossRef ↵Intergovernmental Panel on Climate Change Houghton JT, Ding Y, Griggs DJ, Noguer M, van der Linden PJ, Dai X, Maskell K, Johnson CA (2001) in Climate Change 2001: The Scientific Basis, eds Houghton JT, Ding Y, Griggs DJ, Noguer M, van der Linden PJ, Dai X, Maskell K, Johnson CA (Cambridge Univ Press, Cambridge, UK). ↵Manabe S, Wetherald RT (1975) J Atmos Sci 32:3–15. CrossRef ↵Hansen J, Fung I, Lacis A, Rind D, Lebedeff S, Ruedy R, Russell G, Stone P (1988) J Geophys Res 93:9341–9364. ↵US Senate Commission on Energy and Natural Resources (1988) Greenhouse Effect and Global Climate Change (Govt Printing Office, Washington, DC). ↵Crichton M (2004) State of Fear (Harper Collins, New York). ↵U.S. Senate Commission on Environment & Public Works (2005) The Role of Science in Environmental Policy-Making (Govt Printing Office, Washington, DC). ↵Barnes F (2006) Rebel in Chief: Inside the Bold and Controversial Presidency of George W. Bush (Crown Forum, New York). ↵Hansen J (2005) Am Geophys Union, U23D-01. ↵Michaels PJ (2000) Soc Epistemol 14:131–180. ↵Fedorov AV, Philander SG (2000) Science 288:1997–2002. Abstract/FREE Full Text ↵Cane MA (2005) Earth Plan Sci Lett 230:227–240. ↵Bjerknes J (1969) Mon Wea Rev 97:163–172. ↵Collins M (2005) Clim Dyn 24:89–104. CrossRef ↵Ravelo AC, Andreasen DH, Lyle M, Olivarez Lyle A, Wara MW (2004) Nature 429:263–267. CrossRef ↵Held IM, Soden BJ (2006) J Clim 19:in press. ↵Knutson T, Manabe S (1995) J Clim 8:2181–2199. CrossRef ↵Vecchi G, Soden BJ, Wittenberg AT, Held IM, Leetmaa A, Harrison MJ (5 4, 2006) Nature doi:10.1038/nature04744. ↵Emanuel K (1987) Nature 326:483–485. CrossRef ↵Medina-Elizade M, Lea DW (2005) Science 310:1009–1012. Abstract/FREE Full Text ↵Stott L, Cannariato K, Thunell R, Haug GH, Koutavas A, Lund S (2004) Nature 431:56–59. CrossRef ↵Lea DW, Pak DK, Spero HJ (2000) Science 289:1719–1724. Abstract/FREE Full Text ↵Lea DW, Pak DK, Belanger CL, Spero HJ, Hall AM, Shackleton NJ (2006) Q Sci Rev 25:1152–1167. CrossRef ↵Dowsett H, Thompson R, Barron J, Cronin T, Fleming F, Ishman S, Poore R, Willard D, Holtz T (1994) Global Plan Change 9:169–195. ↵Kienast M, Hanebuth TJJ, Pelejero C, Steinke S (2003) Geology 31:67–70. Abstract/FREE Full Text ↵Hansen J (2005) Clim Change 68:269–279. CrossRef ↵Hare W (2003) Assessment of Knowledge on Impacts of Climate Change (German Advisory Council on Global Change, Berlin). ↵Parmesan C, Yohe G (2003) Nature 421:37–42. CrossRefMedline ↵Thomas CD, Cameron A, Green RE, Bakkenes M, Beaumont LJ, Collingham YC, Erasmus BFN, Siqueira MF, Grainger A, Hannah L, et al. (2004) Nature 427:145–148. CrossRefMedline ↵Flannery T (2005) The Weather Makers (Atlantic Monthly, New York). ↵Benton MJ (2003) When Life Nearly Died (Thames & Hudson, London). ↵Saraswat R, Nigam R, Weldeab S, Mackensen A, Naidu PD (12 17, 2005) Geophys Res Lett 32, doi:10.1029/2005GL024093. ↵Vimeux F, Cuffey KM, Jouzel J (2002) Earth Planet Sci Lett 203:829–843. CrossRef ↵Chapin FS, Sturm M, Serreze MC, McFadden JP, Key JR, Lloyd AH, McGuire AD, Rupp TS, Lynch AH, Schimel JP, et al. (2005) Science 310:657–660. Abstract/FREE Full Text ↵Archer D (2006) Rev Geophys, in press. ↵Hansen J, Sato M (2004) Proc Natl Acad Sci USA 101:16109–16114. Abstract/FREE Full Text ↵Cicerone RJ (2006) Clim Change 77:221–226. CrossRef ↵Crutzen PJ (2006) Clim Change 77:211–219. CrossRef http://www.ncdc.noaa.gov/paleo/globalwarming/temperature-change.html Downloaded Thursday, 24-Jul-2008 21:43:43 EDT The present day is at the far right of the chart. What do we see? First of all, there’s quite a bit of fluctuation. There are long periods of time when the average global temperature was as much as 9 C degrees (16 F degrees) colder than now. These were ice ages. Much of the northern part of the world was covered with thick sheets of ice, much like we see today in Greenland and Antarctica. The most recent ice age ended about 12,000 years ago. There were also times when it was warmer than today. On the whole, we are in a relatively warm period. What causes these changes in climate? There are many factors. Even Industry.link title And to be totally fair, here's even a reference for your argument from those idiots at MIT. But don't they play good blackjack. link title Cherry pick, methinks thy doth call k

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