Drew Dowdell

!!! +1

How is offering them something in the face of getting nothing a "war on capital"?

Because, without fail, they are still mentioning the f@cking Cimarron. Right there in the first freaking sentence!!!! Just once I want to see this same exact article start with "In 1957, Cadillac was selling one of the most expensive and luxurious cars in the world in the V8 Eldorado Brougham at the same time BMW was building the 1 cylinder, 13 horsepower, Isetta nicknamed das rollende Ei or The Rolling Egg."

To add to what Camino said... I think Toyota is fearing an anti-import backlash. But the $4900 in incentives Toyota has on the hood of the Prius and $3,000 on the hood of the Tundra is still telling about the state of the economy.

It's going to be fuel costs that will do it. Once energy prices spike back up again, you'll see a push to repatriate manufacturing.

uh, yes it does if the way the other countries are getting wealthy is by taking the wealth from us.

Oh good. The economist's way of saying "The rich get richer and the poor get to eat cake"

Ya know... Carter told Chrysler what to do as a company also....

Fixed the title up there for ya....

The only way the bond holders would have fared better was if Chrysler was in chapter 7 rather than chapter 11. Obama is specifically trying to avoid liquidating Chrysler.

Globalization has the effect of averaging wealth across the globe. As the wealthiest country in the world, the effect is reducing our wealth while increasing the wealth of others. I see no problem in protecting or encouraging the protection of our wealth. Every time someone buys a Camry, it damages our economy just a little bit because even though the Camry is assembled in Kentucky, the profits go back to Japan. Yet when someone buys an Impala made in Canada, the profits come back to the U.S. Additionally, Canada, the U.S. and Mexico are far more economically tied together than the U.S. is with Japan. Our trade levels with Canada are equitable. Our trade levels with Japan are not.

Globalization is bad. Trade is good. Obama is right.

Ford sold more vehicles in April than Toyota did.

Because there is a difference between government and partisan politics. This article is partisan politics. Obama didn't declare war on capital.... the very thought is absurd. The bond holders didn't want to play ball on renegotiating the debt. From the article: The choice was "keeping some equity" or "keeping no equity". "Keeping all equity" was not an option and it was the only option the bond holders were willing to have. The bond holders, for some reason, felt the bankruptcy threat was a bluff. and after all of that... since when are bond holder/banks/investors worried about "the rule of law"? They can't even abide by their own accounting standards. No more articles from The National Review please. I don't have the time to sit here and debunk them all.

I'm speaking in terms of quality and refinement. The Insignia is not a "better" vehicle than a Lacross or Malibu...depending on pricepoint.

If you've cut back due to this economy, what have you done? Me? Went from a 3 vehicle household to a 1 vehicle household. Became a massive coupon clipper. Began regularly baking my own bread. Doesn't save me a lot of dough (har har) but it's enjoyable, relaxing, and my bread is way better than what you can buy at most stores. If I don't need it in the next 7 days, I don't buy it. Funny thing is, I don't even need to cut back. My income has actually increased over the past 12-18 months. I just enjoy the challenge and my savings is looking great because of it.

I'll say that the idea does have merit.... though a remote chance of it working.

This thread ends now. You guys wanted more moderation? You got it. My busy season with the rentals is just about over. I'm not joking. Everyone, including the other admins, need to take a chill pill. Consider this everyone's first warning. I'll start putting people on suspend if it keeps up.

Same thing happened with Olds. Don't get your hopes up.

While it's a nice car, I see no advantage to the Insignia over the Malibu and Lacrosse.

Globalism averages wealth out around the globe. As the wealthiest country on the planet, guess what that does to us.

Are you guys out of your flipping minds?! 1. The banks will liquidate GM as fast as they can. Is there a group of people in this country who actually care less about the domestic auto industry than the bankers? 2. The government is going to end up having to fund the VEBA anyway, so don't pretend the banks are going the government a "favor" here. 3. The banks have already done a bang up job running their own businesses. I can't wait to see what they do with GM. 4. The government actually has a better track record in these areas! Conrail, the USPS. I'm no fan of the government running GM. But if they set at it like they did with Conrail. GM will come out of it ok.

I can't figure out if Subaru is trying to be Infiniti or Hyundai with this....

See Z28's comments.