SIRI Intraday thread: Monday June 1st

[underway]

Wow now thats what I call a real scientific poll. LOL>
Prove that with regard to the new Prius or the honda civic hybrid or new honda hybrid. Put your money where your mouth is
Now i would agree with you about a bunch of hybrids the US car companies and even the Japanese are turning out right now which are BS financially.
I hate to inform you, however, that the FUTURE of the automobile is hybrids and electrics as well as better diesel (check Europe) and in 10 years you will pretend you never said what you said.

Because they pay more than $5/gal in Europe for gas! Totally different scenario.

[lloyd Handwerker]

Sure, unions caused huge problems. And yes, the public wanted SUVs. And, with gas prices down, they still do! I personally think that the Japanese (and others of late) entry in the US market created too much capacity, and the American companies failed to react quickly enough to effectively keep them out. Union wages, union rules affected cost and quality, to your point. Consumers will always make choices in their own best interest, so the 'buy American' campaigns never work for long. Companies either compete or die. And, auto companies that build 'green' cars that use inefficient and expensive technology will not be competitive, especially with low fuel costs. The gov't can madate all they want about green technology, but they can't force the natural development of cost effective solutions. They are either discovered or they're not. Economics drives this, not policy. Socialism always fails in the long run. Not many true technical and scientific discoveries coming out of socialist countries. Capitalism is necessary for progress. Proven time and time again.

Last time i checked the Japanese and Spanish were Capitalists.
By the way there is more than one form of Capitalism.
I gave you one example with Spanish high speed trains.

[lloyd Handwerker]

Because they pay more than $5/gal in Europe for gas! Totally different scenario.

They actually pay closer to $8 to $10.
Gas prices after a Recession will rise. Inevitable.
You dont dispute that the future of the automobile industry will
be hybrids, hybrid electrics and electrics do you.
Have you checked the beautiful Tesla? That was a small company
doing it on their own. 2nd generation will bring price down to $50,000.
3rd and 4th genreration? Israel is working with Renault and Nissan to develop an all electric car country. They will be able recharge the car at its parking spot.
This is all coming within 10 years.

[trippingthespeculatingpos]

damn wish i would of got gm at .27 heh almost a triple already

[lloyd Handwerker]

Because they pay more than $5/gal in Europe for gas! Totally different scenario.

Are you disputing what i said about the future of the auto industry or not?

[JohnnyIrishXM]

You sound as surprised as the Johnny Irish, Reimor etc. Johnny "Take it to the bank". Hey Johnny i couldnt help rubbing it in. Sorry!

Sorry lloyd,yoiu only get a half win call because they are calling it BK,IT IS NOT BK,it is a nmerger with Gov't only....still was right with not going to my form of BK which was bondholders and union getting screwed as well as share holders..

[relmor2003]

Sorry lloyd,yoiu only get a half win call because they are calling it BK,IT IS NOT BK,it is a nmerger with Gov't only....still was right with not going to my form of BK which was bondholders and union getting screwed as well as share holders..

Exactly. Read my post earlier. I said I should of said there would be no messy BK allowed by the Government. Nice cop out!!! Im with you!! Im holding to be correct here.

[lloyd Handwerker]

Damn John, you stole my thunder. Im glad to see you finally agree with me on why the entire american economy is at such a huge disadvantage to other countries. We have a sickness here. We actually CARE about our workers, and people. And the environment. If the world wont play fair, either everyone changes, or we have to change. Or all domestic business's will continue to struggle. And Obama and his health care agenda is literally just throwing fuel on the fire.
Yes, GM died because their union was too strong, their cars too expensive to bulid, and high gas prices ruined them. Plus you dont make your bottom line profitable only at MAXIMUM output. Was this the monster they inherited? Was this the only way to make the past makeup of GM profitable? Was the first economic slowdown and high gas prices simply the ticking time bomb with this company? Outside of BK, could ANY CEO have made it work? Or course not.

Could ANY CEO have made it work? OF COURSE! But not the ones who were
there obviously. Never be able to prove it but the writing was on the wall for years and large dinsosaurs grow extinct.

[john]

That is exactly what i am talking about with regard to forward thinking.
I could show you lots of articles from years ago predicting exactly what has happened. The writing was on the wall. Then of course we probably follow very different sources of information.

Your nuts, the writing was not on the wall, not a sole predicted that speculators that had nothing to do with needing oil would hold so much of the control of it through contracts 10 years ago. As for the articles you saw I saw the same ones talking about supply, the problem with that is that there are plenty of others that went the other way. The problem with the other side is none of those ever figured our own government would block our own exploration of oil in areas it controls, you cant blame them because who would ever think that the government would want to hurt its own people/economy.

[lloyd Handwerker]

Sorry lloyd,yoiu only get a half win call because they are calling it BK,IT IS NOT BK,it is a nmerger with Gov't only....still was right with not going to my form of BK which was bondholders and union getting screwed as well as share holders..

You are funny.
THIS WAS ALWAYS THE KIND OF BANKRUPTCY THAT WAS BEING TALKED
ABOUT.
Remember Chrysler? Govt was always talking about a quick bankruptcy but
if you need to feel better about your predictions go right ahead.