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Re: . [lemmer]
by Mr_Shiftright on Tue Nov 18 09:18:12 PST 2008
Well GMs continual loss of market share rather proves that point. It's rather pointless for an automaker to insist "I make the better car but nobody wants it for some reason I just can't figure out" If Toyota is boring, they should open the Toyota School of Boring Cars at Detroit University then. You should be able to major in Boring. They should have the Boring Car Awards televised each year. There should be a Toyota Clone Laboratory in MIchigan. I mean, not to be sarcastic, but you can't argue with success. I suppose one could operate a "purist" automaker like Morgan or a novelty operation like Viper but if you want to sell millions of cars----hey, listen to the public. They vote with their wallets, not with their opinions.
Re: GM likely to survive, bonds a "buy" says J.P. Morgan [kernick]
by steve_ on Wed Nov 12 11:06:08 PST 2008
Yes but the fact is that the supply of restaurants, or the number of seats does not create the demand. If the demand, even the reduced-demand of now is there, then the remaining restaurants are going to do better. Well, it could be like the ol' one lawyer in town starves, two thrive saw too. Less variety in food choices does damper the urge to eat out. I'm not going to MickeyDee's more now that the Euro-Latino fusion place has closed. GM may be DOA, but there's little chance for a soft landing or renewal if they simply shut their doors.
Re: GM likely to survive, bonds a "buy" says J.P. Morgan [steve_]
by kernick on Wed Nov 12 10:05:39 PST 2008
Heh, we've had 8 or 10 restaurants close around here and in fact, we aren't eating out as often. Yes but the fact is that the supply of restaurants, or the number of seats does not create the demand. If the demand, even the reduced-demand of now is there, then the remaining restaurants are going to do better. Similarly if GM goes out of business, and I had intended to buy a new GM vehicle next month, this does not affect my decision to buy a vehicle, just which one I can choose. Some other vehicle manufacturer is then going to get my business, and their workers and suppliers will be busy, and they probably will need to expand - using any idled plants and workers. I think you mean 1 in 10 jobs? I've heard 1 in 7. They must be counting the "teenage lifeguards at the city pool" in that number, it's so high. ;) They're using the Butterfly effect, and not telling you the details. Bulloney! And while I hear your concern about your friends and relatives jobs, you need to understand that a healthy economy is constantly creating and destroying industries, corporations, and occupations. I would also like each of you who think the Big3 should get loans or grants, to tell me the criteria of how the government will determine who gets $ and who doesn't. Who are the companies, executives, and stockholders who will never lose? When they succeed they will make lots of money, when they don't succeed they won't lose. Is IBM or Microsoft too big to fail, and should get a bailout? How about GE? or Dupont and Dow? Are we treating the workers and investors fairly between these companies? I'd say no. I don't like playing favorites, we should have 1 set of rules and laws applied equally and fairly. Now you may say Congress has always played favorites. Well don't you think we should try and put a stop to it? If you don't, then I guess you don't have much of a moral-stand to complain about any other seemingly unfair/unjust decision.
Re: GM likely to survive, bonds a "buy" says J.P. Morgan [steve_]
by grbeck on Wed Nov 12 09:52:57 PST 2008
steve: Heh, we've had 8 or 10 restaurants close around here and in fact, we aren't eating out as often. Perhaps it's the other way around...you and lots of others aren't eating as often, and therefore the restaurants closed.
Re: GM likely to survive, bonds a "buy" says J.P. Morgan [steve_]
by gagrice on Wed Nov 12 09:27:38 PST 2008
I did read an article that said to give a free high speed Internet access to your competition. I know the Internet slowed our production down a lot in the phone business. I should have been working when I was hanging out here at Edmund's. Fortunately our bosses were dumber than a box of rocks and thought I was hard at work. The United States may be on course to lose its 'AAA' rating due to the large amount of debt it has accumulated, according to Martin Hennecke, senior manager of private clients at Tyche. "The U.S. might really have to look at a default on the bankruptcy reorganization of the present financial system" and the bankruptcy of the government is not out of the realm of possibility, Hennecke said. "In the United States there is already a funding crisis, and they will have to sell a lot more bonds next year to fund the bailout packages that have already been signed off," Hennecke told CNBC. So how can we bail out GM when we may need to bail out the government?
Re: GM likely to survive, bonds a "buy" says J.P. Morgan [xrunner2]
by steve_ on Wed Nov 12 09:19:41 PST 2008
Wonder if any studies done to see how level of U.S. productivity and GDP would be increased if all interactive web sites somehow vanished. Hey now, let's not stoop to scare tactics. :D

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