Everything posted by Drew Dowdell
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Fritz opens himself to criticism on public blog
How does owning stock in public companies like GM and AIG provide the government the type of ownership over the means of production that is the hallmark of socialism (as Hayek and Von Mises tell us themselves)? Stock ownership does not necessarily yield control; the management still has that. Hence, I don't see how it makes any sense to call this activity socialist in any way. The Bush and Obama administrations were faced with three basic choices: (1) let these companies fail, (2) help these companies out with no strings attached, or (3) help these companies with strings attached that allow the government to be participate in any downstream upside. While I don't necessarily agree with it (or its execution) in every instance, option 3 certainly seems like the most rational choice given where everything stood. It's also the most business-like approach.
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Fritz opens himself to criticism on public blog
The bondholders wanted liquidation.
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Fritz opens himself to criticism on public blog
That's called collateral on the loan the same way my mortgage company owned some percentage of my house. Do you refer to US Airways as Government Airways?
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Fritz opens himself to criticism on public blog
Obama said GM couldn't have the loans with Wagoneer as CEO. GM had a choice. CEO or (relatively) easy money. No, I don't define that as ownership.
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Fritz opens himself to criticism on public blog
Obama owns GM? This guys frustrations fail to understand the purpose of the bankruptcy. Be consistent. If you're going to be mad at GM for declaring bankruptcy, you HAVE to be mad at those other companies I listed. The only reason the government is even involved in this process is to provide the financing to get GM through the BK period since no private company can do it right now. US Airways had a government loan to get them through the bankruptcy period. They refinanced that loan privately after they emerged from bankruptcy. I don't see people running around calling them Government Airways. We're 3 whole days into this bankruptcy. Give it a chance to work.
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Fritz opens himself to criticism on public blog
Idiotic. It's just another way to stab at Obama. Do you boycott K-Mart? Delta Airlines? U.S. Airways (twice)? United Airlines? Northwest Airlines? Most major malls?
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GM car you'd love to own
and of course....
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Concept trivia
I've got your overhang right here baby.
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May 2009: GM Sales
Uhm.. not really. going from up 11% to down 39% is a much bigger fall. Still, I think these year over year percentages are a somewhat silly and arbitrary way to rate performance. I think current month's sales should be compared to an average of the prior 12 month's sales.
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May 2009 Sales: Ford Motor Company
I think it's too early to tell with Camaro sales. Supply hasn't fully ramped up yet.
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May 2009 Sales: Ford Motor Company
You know there is a disturbance in the force when the ONLY brand out of all major brands to see a sales increase is Lincoln.
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May 2009: Honda Motors Sales
Sorry. Doesn't work that way. No one cut GM slack when their numbers were down after the 2005-2006 sell-a-thons.
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May 2009: Honda Motors Sales
I just want to point out that the Cadillac STS sold nearly 4 times the amount of RLs sold by Acura.
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May 2009: GM Sales
Camry down 36% Accord down 46% Chevy is doin ok.
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May 2009: GM Sales
So.... wait... Honda, Toyota, Nissan all down more than GM with the Civic, all of Scion, Corolla, and 4Runner all down over 50% yet if only GM would sell cars Americans want to buy......
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May 2009 Sales: Ford Motor Company
Go FORD! Hold down the fort! The calvary is coming!
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GM 65 Billion in profit OVERNIGHT !
About time you people come around to my side. I've been saying for a while that a Kappa roadster should go to Cadillac. Give it the right engine and right interior and it could be a Z4 fighter. As much as I like the Sky, it never should have gone to Saturn because it was too close to the Solstice in price. Art & Science the hell out of it, leather up the interior, give it the 300hp ecotec that Saab developed and slap a wreath and crest on the front.
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GM 65 Billion in profit OVERNIGHT !
Buick Regal Buick Lacrosse Buick Lucerne (or Holden based Park Ave) Buick Vue based small SUV Buick Enclave How is that not a winning lineup for Buick?
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my fat ass
I always tip at least 20% if the service is as expected. I've been known to tip 30% when the service has been surprisingly good as in the case of this particular Domino's. It's not unusual to have the pizza at my door in 15 minutes with this particular store.
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my fat ass
My credit card was in my wallet. This Dominos makes you show them the card when you sign.
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my fat ass
I don't know about Papa John's website, but Domino has an order tracking system on theirs that is freakishly acurate as to which step your pizza is at. edit: and the only reason I got off my couch last night was to get my wallet and answer the door.
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GM Crash Test Video from 1968
What if this is footage of the development of the dummies themselves and not actual testing of the cars? You don't really need the newest car available to test the dummy, just something cheap you don't mind cutting up and crashing. That might explain the date and model discrepancy..... also, some of the cars have the initials UCLA stenciled on the side.
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GM Crash Test Video from 1968
yeah, isn't this more likely to be a Chrysler vid? but I know that GM participated in the development of early crash test dummies....
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GM Crash Test Video from 1968
Forget Unibody or BOF.... half the time the seats didn't even stay bolted down!
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America's saddest cities
I'm surprised Pittsburgh isn't on the list, but we have a relatively low crime rate. Still, there is a reason we have one of the premier mental health institutions in the country.