[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

[pknowles]

I honestly think GM is doing OK and people buy more magazine headlines that spell doom and gloom for GM then something the says they are shifting to adjusting market trends. Honestly, the media is a business too. I believe Wagner when he says GM has enough cash to go 1-1.5 years without selling anything, THAT'S A LOT OF CASH! I'll believe Wagner way before I believe wall street or the mass market media. I'm actually excited about cars like the Chevy Volt. Series Hybrids seem like a much better idea then parallel hybrids and the return of the electric car is exciting. Please GM make it slightly sporty and I'll buy it.

I really don't want Universal Health Care. The biggest problem with the Government providing ANYTHING is that the Government doesn't have any real competition. The rules for the Government aren't the same as for the private sector. Free market and competition at least keep prices somewhat in check. My fear is similar to what Eugenio_SS said, basically if someone else is footing the bill everyone with a stubbed toe will go to the ER for care, which will drive the cost for care way up. If you think big business health care profits are big, I think the Government will take a lot more off the top of a Universal Health Care system. Basically treating Universal Health Care as a cash cow like the borrowing they have done from Social Security. They really don't have anyone to regulate them.

As someone who lives about 8 miles from the White House, I can say that this town is sick with selfishness. The American dream of working hard is dead here. There is so much competition for everything here (housing, parking, traffic, service of any kind) that the new American dream is how can I undercut this person to take their spot. There is no more unmarked claims for anything around here, you have to take from someone else to get what you want. I'm so sick and tired of it that I'm moving and taking a job 2 hours south of DC. I just can't stand it anymore. I seriously think this mentality has penetrated into the Government (since the Government is here) and everyone is looking out for self interest. If your not in the 6 figure salary club, then you have no representation in the federal government. I know it's a dark picture, but it's the reality of living in and around DC. Competition for everything has corrupted peoples sense of "love your neighbor". If we continue down this path I think we are going to hear the word "revolution" a lot more.

edit: can't spell

This post has been edited by pknowles: Jul 16 2008, 02:16 PM