[Rob Hood]

http://www.autoextremist.com/current/2008/7/8/rants-453.html

Was listening to some newsradio today - many analysts are painting a bleak picture. Heard that Hummer and Saab were going to be let go, maybe more. I've already seen where Chevy is not sponsoring several NASCAR races next year.

Rick Wagoner is supposed to deliver an announcement tomorrow morning at 0830 EST. Should be worth listening to.

This post has been edited by Rob Hood: Jul 15 2008, 05:59 AM

[Rob Hood]

So drilling our way out of this really isn't going to fix the problem, which is a weak dollar. And with China and India buying more and more oil, there is now a line at the counter, so to speak, which also drives up the cost. And what about all the manufacturing and other services that have gone overseas....including GM.