Two words: Ron Paul

http://www.ronpaul.com/

#52 statik Said:
“Hey, don’t you be adding [Obama Administration] into my quotes, lol.

I try very hard to make my posts ‘non-specific’ lol. Some actions take by the gov’t (like this one), I find whoever is in office to be irrelevent. This one is Republican started and Democrat finished…there was no candidate for either party that wasn’t going to go down this road.”

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Statik,
Inserting in-text [brackets] is a common editorial method of making context reference of a quoted snippet taken from a larger body of text. Thanks for your clarifying my misunderstanding by what you meant by the term use of “them”….it was not intended on my part to manipulate your intended reference of “them”…lol.

By the way, regarding your comment “…This one is Republican started and Democrat finished…there was no candidate for either party that wasn’t going to go down this road…”

I completely agree with that except for the part of the Obama Administration giving the UAW preferential secured rights treatment over the bondholders.
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/mumbles, “and thats the way it is
(couldn’t resist)

Walter was the man though…one of the few guys/reporters that could actually influence the news if he wanted to (don’t know if that is good or bad)

The Volt is a good start to show new strategy toward the running the auto business but, the Volt is not on the street or, even at the showrooms. Otherwise, we are not seeing or able to touch or get a good feel of the products that we HEAR so much about. Even this forum can be slanted to sound good.

We want to see the products. We all know that it takes time however, GM executives and the labor union got this industry in this mess and the people are in NO hurry to give the farm back for some additional abuse. I am sure GM still has some leeches waiting in the wings for their opportunity to dive into the gravy bowl and stick as much money/stock in their little hiding places.

GM is already leaking out that the Volt is going to be priced out of the range of most GM employees. $40,000 + is a pretty good indication that they don’t want to sell many.

#40 Statik Said:
“…I don’t see them [Obama Administration] letting them [GM] fold by any stretch of the imagination. They are in a situation now where they are in waaaaay to deep to let GM fail in the short term…and at least not until we go through another election…”
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Hey, don’t you be adding [Obama Administration] into my quotes, lol.

I try very hard to make my posts ‘non-specific’ lol. Some actions take by the gov’t (like this one), I find whoever is in office to be irrelevent. This one is Republican started and Democrat finished…there was no candidate for either party that wasn’t going to go down this road.

As for them being more scrutinized as they send more money…I don’t know. Almost no one is calling them on the carpet at all for it now. People are still letting them get away with pegging the auto bailout at like 19.4 billion for GM and Chrysler at 14 billion (7 billion pre…7 billion post)….when the actual total is well in excess of 100 billion spent or committed DIRECTLY thus far.

Right now it is ‘don’t ask, don’t tell,’ or rather, ‘we didn’t ask, so please don’t tell us’…and the only way the ‘American’ people reach their limits of the bailout for GM and the ‘throwing money at problems policies’ is if the economy levels out and the desperation is taken away.

Like them paying out the VEBA for 10 billion (+2.5 later) after initailly telling them to eat it and take stock, or the supplier bailout, or the ‘buying out’ of Delphi and incorporating that back into GM, or the phony demands for GMAC to exchange debt/get to 30 billion in cap to get bank status, just to give them 5 billion to fake it, or the billion they gave to GM to give to GMAC, or the 10 billion in ‘loans’ they are going to give them once they get out of the GSB under the restructuring flag, or the THREE ‘extra’ funding troughs after the intial bailout in december, or the way they changed the bondholder payouts three times after they said they wouldn’t, or moving the ‘deadline’ twice, or the…

I think they are serious with Chrysler’s ‘no more money for you’ mantra, because I don’t think they thought Chrysler were actually going to be able to hit the benchmarks they set to allow them to get into the GSB. Chrysler got it done (bondholder capitulation, merger with Fiat, UAW capitulation, etc), and cornered the gov’t into have to do it for them…or not do it for both of them (GM). I think they would be all to happy to fold Chrysler up…and by early next year. Nobody needs Chrysler, and they are just sucking up market share.”
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Walter Cronkite couldn’t have summarized it better.

=D~~~~

Running up dept?

For a shift on that magnitude, serious production volume must occur.

The potential is there. But an effort to deliver on that magnitude is missing.

Are you aware of the quantity required? If so, explain how that many sales will be achieved? Waiting for price to drop pretty much negates the shift. Other technologies will fill in the gap while we wait.