Comments on: Summary of Senate Hearing and Congressional Leaders Publish New Letter to Bush

By: George K

George K — Sat, 06 Dec 2008 03:07:15 +0000

#38 DonC
“Detroit is actually asking for $61B — the $25B already in the appropriation for the retooling loans and the additional $36 — but you may miss this if you focus on the $36B figure.”

Yes, I thought the new figure WAS $36B. I kept hearing that on C-Span, though I didn’t hear the whole thing.

Hopefully, then, that is the number it would take to be able to sustain themselves with N. American sales of say 8M. They can’t keep misoverestimating the market year after year!

=D~~~~

By: George K

George K — Sat, 06 Dec 2008 02:50:37 +0000

Off topic,

Just saw Bob Lutz on Larry King Live. Just caught the end with Lutz summarizing GM’s great strides with both high quality, and high fuel efficient cars, especially the Volt.

Larry’s comment was “Ge Bob. You don’t look 77 years old.” Lutz said, “Thanks Larry. You don’t look 88!” (Larry is 75)

I say, lets put Lutz in charge of GM.

=D~~~~

By: electriciti

electriciti — Fri, 05 Dec 2008 23:03:03 +0000

CaptJackSparrow #50

Thank you for your very interesting insight.
I specially like the part about the ultra capacitor.
Also, I like your idea about the lith battery being used for long range trips, while the ultra caps can charge everytime the vehicle would hit the electromagnetic fields. It would suck a lot of power, instantly charging and providing additional power to the lith batteries.

Also, I believe that the electromagnetic field can be utilized, by having the car lower an induction coil close to the groud everytime the vehicle would hit an electromagnetic field. This smaller distance could make the system more effecient. The coil could retract once the vehicle passes the magnetic field…

What do you think?

By: Len

Len — Fri, 05 Dec 2008 20:56:51 +0000

And some are so depressed they have just quit.

By: RB

RB — Fri, 05 Dec 2008 18:36:03 +0000

#76 statik said “As to the curiousity of the unemployment rate only going to 6.7% from 6.5%, when it should be all rights be over 7%…I read over the report again and figured it out.
637,000 people dropped out of the labor force completely. (That means they are not working…and looking for work).”
=====================================

Thank you for the further explanation.

It reflects the fact that in the US there are a lot of people who are interested in working if-as-when there is a good opportunity, but who come in and go out of the labor force as they see an opportunity. Some are individuals in distress, but others are people whose work interest is conditional, i.e., “..when I can get a reasonable job in my home town, but I’m not interested in commuting or moving.” I know lots of people who are this way (and of course lots of others who really have to have a job).