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Court
| | Posted on Friday, May 28, 2010 - 06:08 pm: | 
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>>>The economy appears to be starting to rebound a little,
What do you base that on?
Interviews with the 460,000 folks who filed their first unemployment claim last week?
Be mindful that the current month is, by the admission of the BLS, an "overly optimistic" figure do to census workers and the fastest growing employment segment in the history of the United States . . .government employment. It's also the fastest rising wages.
Nothing has happened to increase GDP. The increase in "employment" by adding government workers is the same technique that was used to "pay off in full" the GM loan . . .they used their American Express card to pay their Mastercard.
It'll catch up with us (Se Greece) in the next 18 months.
Impressive performance eh ? ? ? . . and think it only cost us $878,000,000,000 to get from 9.4% to 9.5%.
Well done Big O !
Keep an eye on Rahm. |
Bluzm2
| | Posted on Saturday, May 29, 2010 - 09:24 am: |
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Court,
I am also one that falls in your camp.
We've been a Chrysler family for 20+ years. After the problems with our last new vehicle purchase (too many to go into...) I swore I'd never buy another Mopar.
We've needed a new car for some time, Jan was driving my PT, I was riding 2 wheels mostly. Winter car for me was an old 92 Tempo with 219,000 miles and rust holes big enough for a cat to crawl through. Keep driving it because the damn thing won't die.
We looked for a used 2008 or 2009 Ford Escape. The price difference for a low mile used and a brand new 2010 was close enough it didin't make sense to buy used.
The ONLY choice was a Ford, GM and Chrysler "drank the koolaid". They will never see a dime of my money EVER.
There were a number of GM products that were on our radar but after the bailout there was no chance.
BTW, the Escape is an awesome vehicle. I wish it was my daily driver!
Also, looks like Rahm is getting a bit of poo poo on his shoes. I am in dumbfounded shock about the lack of attention on this from the drive by media.
If this had been a republican president, the noise from the left and the MSM would be deafening.
Brad |
Court
| | Posted on Saturday, May 29, 2010 - 10:24 am: |
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Brad:
I've bought several Fords the last couple years and last year, when the least ran out on Vickie's Mercedes convertible and the new ones weren't being release until May 2010, I bought a Focus . . . . almost as a joke.
She said she wanted something "cheap that would last a year" so I called the guy I buy all my trucks from and told him I wanted the cheapest thing he had. Damn thing had a $22,000 sticker and I paid something like $16,000 for it.
The car, a Focus SEL, came with leather heated seats, a sunroof, the flip-down pass through seats (the ones you pay extra for with Mercedes, Saab and Volvo and some kind of Harman-Kardon 350W or something stereo with Sirius satellite radio and a subwoofer in the trunk.
I'm still Porsche shopping and have narrowed my choice to 2 colors and 3 dealers and Vick's still looking at the new E-Series Cabriolet but I have to tell you . . . it's getting damn hard to move off dead center we are so happy with the Fords.
Frankly . . . . given the royal screwing the GM, Chrysler and the current administration dealt the American people . . . . I'd pay for a Ford before I'd take a free GM car.
We, as a people and a county, used to hold ourselves to higher standards. We've begun to accept leaders with eroded standards of integrity and are asked to accept those standards as our own.
We have every reason to be ashamed.
We're better than this.
Court |
Court
| | Posted on Saturday, May 29, 2010 - 10:25 am: |
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By the way . . .that's my personal rant and I could give a flying rat's ass what anyone else drives . . . I'm not out to change the world, just follow my own values. |
Dragstang
| | Posted on Saturday, May 29, 2010 - 11:34 am: |
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amen. |
Flyboy
| | Posted on Monday, June 14, 2010 - 10:17 pm: |
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Hey guys, I'm an outsider on this discussion as I'm a Canuck, but I'm curious as to why everybody hates GM so much? My understanding is that they have already paid back the loan?
Sorry please don't beat me up on this as I'm really not up on US politics, but I've heard this GM/Chrysler hate a few times now and just want to learn a bit. |
Court
| | Posted on Monday, June 14, 2010 - 10:37 pm: |
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The very short version.
The government really screwed some private investors over to "save" GM.
The loan was paid off . . . with another government loan. Think of me paying off my American Express with my Mastercard and declaring myself as "debt free".
It wasn't quite that simply but that's the "spirit" of it. I, frankly, the moment they said they "paid off the loan" was curious as to how you borrow billions of dollars . . loose another billion, then "pay off" a loan.
I, just on a level of personal values, am not a fan of the government underwriting businesses, banks, brokerage house, insurance companies or car makers, who have placed themselves in that position through poor management.
That's a poor explanation that someone will pleasure themselves shooting holes in but it gives you a flavor for my personal objections.
For further understanding you can simply go back, read the thread and follow the links to some of the stories.
Most positions, my own included, are colored by folks background, values and personal experience. I started a small business with no government loans, took lots of risks and worked my ass off with handouts from no one, was "Entrepreneur of the Year" and blah, blah, blah to give you a sense of my perspective. |
Flyboy
| | Posted on Tuesday, June 15, 2010 - 09:55 pm: |
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thanks Court, just wanted a little better understanding of what was going on. |
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