Bored of Pisteon Posted March 4, 2009 Share Posted March 4, 2009 :rolleyes: I never said it was a good month. I said it was a terrible month. Is it depression-end-of-the-world-hide-your-children-fear-the-apocalypse bad? No. I'm tired of the Negative-Nancy attitude so many Americans have these days. Most of them seem content to just sit by and pray that the government saves them from their own pessimism. Because many Americans are just too damn stupid to have any mental capacity to think with an objective mind and are afraid of the real truth. Quote Link to comment Share on other sites More sharing options...
timmm55 Posted March 4, 2009 Share Posted March 4, 2009 (edited) Only Hyundai is doing OK. Their "unemployment plan" seems to be working. http://news.prnewswire.com/ViewContent.asp...2248&EDATE= Edited March 4, 2009 by timmm55 Quote Link to comment Share on other sites More sharing options...
Noah Harbinger Posted March 5, 2009 Share Posted March 5, 2009 Because many Americans are just too damn stupid to have any mental capacity to think with an objective mind and are afraid of the real truth. And of course, by "think with an objective mind", you mean "think exactly how I think".. and by "the real truth", you mean "everything I believe". There's nothing like the hypocrisy of a closed-minded lunatic to make ones day. Quote Link to comment Share on other sites More sharing options...
armadamaster Posted March 5, 2009 Share Posted March 5, 2009 Wow, look at Chrysler go. Big incentives and all, it`s good to see them at the top in Canada. One thing Chrysler is missing is a compact 4 door sedan. How stupid of them not to offer direct competition to the Focus, Civic, Corolla......How do they not offer a 4 door compact sedan, when there is clearly a huge market for them. +1 Dodge was ditching the Neon at a time of $3 dollar a gallon gas when they should have been updating it. Not that I was/am a Neon fan. Quote Link to comment Share on other sites More sharing options...
mettech Posted March 5, 2009 Share Posted March 5, 2009 Kia outsold every brand at GM except one and Hyundai/Kia nearly outsold Nissan/Infiniti. Quote Link to comment Share on other sites More sharing options...
grbeck Posted March 5, 2009 Share Posted March 5, 2009 Kia outsold every brand at GM except one and Hyundai/Kia nearly outsold Nissan/Infiniti. I would like to see the fleet sales for both Hyundai and Kia. Many models of both brands were fleet queens before the current collapse in sales. Quote Link to comment Share on other sites More sharing options...
LSFan00 Posted March 5, 2009 Share Posted March 5, 2009 GM is dead. They can no longer recover, period. If you own any real estate in Michigan, and plan to move in the next 10 years, consider selling it at a discount in the next 180 days. It will take 20 years for the region to recover from the coming disaster. Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted March 5, 2009 Share Posted March 5, 2009 GM is dead. They can no longer recover, period. If you own any real estate in Michigan, and plan to move in the next 10 years, consider selling it at a discount in the next 180 days. It will take 20 years for the region to recover from the coming disaster. That's funny............................... When I said that, you thought I was being an alarmist. Quote Link to comment Share on other sites More sharing options...
ANTAUS Posted March 5, 2009 Share Posted March 5, 2009 I have a client that has bought foreclosure homes for around $15-20K there in Michigan. One of those times the bank was a little slow to respond to her request, so she put the purchase on a credit card. Quote Link to comment Share on other sites More sharing options...
LSFan00 Posted March 5, 2009 Share Posted March 5, 2009 That's funny............................... When I said that, you thought I was being an alarmist. You were. The region is going to feel the pain, but it won't create mass migration etc. Folks can't just leave. However, the fed gov't can't do a damn thing to stop it either, and will continue throwing good money after bad just to put it off a few more months. Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted March 5, 2009 Share Posted March 5, 2009 You were. The region is going to feel the pain, but it won't create mass migration etc. Folks can't just leave. However, the fed gov't can't do a damn thing to stop it either, and will continue throwing good money after bad just to put it off a few more months. There already has been mass migration. It hasn't occurred overnight, but people having been leaving for years. Anecdotally, several of my friends here in MD are from MI. Common denominator? They all came here looking for work. Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted March 5, 2009 Share Posted March 5, 2009 You were. The region is going to feel the pain, but it won't create mass migration etc. Folks can't just leave. However, the fed gov't can't do a damn thing to stop it either, and will continue throwing good money after bad just to put it off a few more months. 1) I recall you skimming over 'regional pain' too 2) As far as mass migration is concerned, what do you think is going to happen when GM ends up with less market share than Ford? You think those people are going to stay in Flint, Lansing, Detroit, etc.? Or do you think they're going to move? Quote Link to comment Share on other sites More sharing options...
one2gamble Posted March 5, 2009 Share Posted March 5, 2009 1) I recall you skimming over 'regional pain' too 2) As far as mass migration is concerned, what do you think is going to happen when GM ends up with less market share than Ford? You think those people are going to stay in Flint, Lansing, Detroit, etc.? Or do you think they're going to move? the question is, where are they going to move? Its not like there are many jobs anywhere else. Theres not some kind of pent up demand in some other part of the country. Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted March 5, 2009 Share Posted March 5, 2009 the question is, where are they going to move? Its not like there are many jobs anywhere else. Theres not some kind of pent up demand in some other part of the country. Pent up demand? No. But there are still plenty of areas that have work available if you have the skillset required. Contrary to what the media is portraying, there are still plenty of companies that need workers. They may be laying off in one area and hiring in another. Sure, the net right now is job losses, but hiring still happens every day. Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted March 5, 2009 Share Posted March 5, 2009 the question is, where are they going to move? Its not like there are many jobs anywhere else. Theres not some kind of pent up demand in some other part of the country. Those with fewer attachments will probably move someplace that 'looks good' on spec. Those with more attachments may end up moving in with families, etc. Some will end probably end up working road construction if the stimulus actually delivers that. At any rate, a Ch. 11 GM is going to end up smaller than Ford by the time all's said and done (retail market share will disappear overnight if GM files Ch. 11). That means displacing tens of thousands of people in a very short period of time. Quote Link to comment Share on other sites More sharing options...
LSFan00 Posted March 5, 2009 Share Posted March 5, 2009 GM sales are down 52%. What good exactly did giving them a "loan" do for those workers, shareholders, or taxpayers? Did that succeed in any material way? What is your idea of how the federal government should react to the collapse of their business, moving forward? Quote Link to comment Share on other sites More sharing options...
Bored of Pisteon Posted March 5, 2009 Share Posted March 5, 2009 And of course, by "think with an objective mind", you mean "think exactly how I think".. and by "the real truth", you mean "everything I believe". There's nothing like the hypocrisy of a closed-minded lunatic to make ones day. Hey, did you know your state produces more than 50% of the fruits, nuts and vegetables in this country? So which one of those three are you? Quote Link to comment Share on other sites More sharing options...
Bored of Pisteon Posted March 5, 2009 Share Posted March 5, 2009 I have a client that has bought foreclosure homes for around $15-20K there in Michigan. One of those times the bank was a little slow to respond to her request, so she put the purchase on a credit card. I wonder how much her credit card company's interest rate will ultimately ending up being if she rolls over the balance! Just another example of Michigan's finest! Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted March 5, 2009 Share Posted March 5, 2009 (edited) What is your idea of how the federal government should react to the collapse of their business, moving forward? There you go assailing that straw man again. I have clearly and repeatedly said that NOTHING will work for GM as long as present management remains in charge. "Nothing" encompasses everything from private financing to chapter 11 restructuring. As long as GM's management remains what it was at the beginning of this crisis (and this crisis began in 2002), GM will find no way out of it. Edited March 5, 2009 by RichardJensen Quote Link to comment Share on other sites More sharing options...
630land Posted March 5, 2009 Share Posted March 5, 2009 Well, some of the places with low unemployment [per Money magazine] are Sioux Falls SD, Omaha, Fargo, Utah. Anyone want to move there? Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted March 5, 2009 Share Posted March 5, 2009 Well, some of the places with low unemployment [per Money magazine] are Sioux Falls SD, Omaha, Fargo, Utah. Anyone want to move there? Because Flint, Detroit, Gary and Fort Wayne are great places to live? Quote Link to comment Share on other sites More sharing options...
grbeck Posted March 5, 2009 Share Posted March 5, 2009 There already has been mass migration. It hasn't occurred overnight, but people having been leaving for years. Anecdotally, several of my friends here in MD are from MI. Common denominator? They all came here looking for work. My wife is from western Pennsylvania. It's amazing how many people she grew up with are now living here in southcentral Pennsylvania, or in the Baltimore-D.C. region. They all left for one reason - very few jobs back home. Quote Link to comment Share on other sites More sharing options...
NickF1011 Posted March 5, 2009 Share Posted March 5, 2009 Well, some of the places with low unemployment [per Money magazine] are Sioux Falls SD, Omaha, Fargo, Utah. Anyone want to move there? I lived in Omaha for 5 years. Wasn't such a bad place. :shrug: Quote Link to comment Share on other sites More sharing options...
RichardJensen Posted March 5, 2009 Share Posted March 5, 2009 I lived in Omaha for 5 years. Wasn't such a bad place. :shrug: Did you know they have two skyscrapers now? Quote Link to comment Share on other sites More sharing options...
F250 Posted March 6, 2009 Share Posted March 6, 2009 Since the media is throwing around the Depression let's look at Ford Model-A production statistics since it was produced from 1927 through 1931 (market crashed in Oct '29). LINK Production (sales) fell from 1,261,053 in 1930 to 626,579 in 1931. That's pretty close to a 50% drop in 1 year...sound familar? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.