Jump to content
Create New...

Drew Dowdell

Editor-in-Chief
  • Posts

    55,885
  • Joined

  • Last visited

  • Days Won

    528

Everything posted by Drew Dowdell

  1. Would you just calm down? Wagoneer had to go. It became painfully obvious over the past 12 months that his time as CEO needed to end. The shareholders were obviously not voting in their financial best interest when they kept him in charge. You're not going to see Barney Frank or Chris Dodd at the helm... so just calm down about it.
  2. Obviously his resignation was required.... period. Not for political reasons.... but for 8 years of GM stumbling. The political comments will stop now. Iaccoca basically volunteered to do it.
  3. GM CEO Wagoner to Step Down DETROIT — The chairman and chief executive of General Motors, Rick Wagoner is resigning, just as President Obama prepares to unveil his rescue plans on Monday forG.M. and the ailing American auto industry, a person close to the decision said Sunday. Then unexpected move by Mr. Wagoner, who has been at the helm of G.M. for eight years, was not confirmed by the company. But a statement about Mr. Wagoner’s future will be issued after the president’s address. (via New York Times) Our take here.
  4. If you had gone back a few more times, maybe you could have gotten the whole 300M
  5. I thought you already do that already. On that note though.... I hadn't realized it, but Albert and I do "Earth Hour" regularly. Every few weeks we have a "no electricity" night were we have dinner, dessert, and relax at home by candle light only. It started from a long power outage and it's romantic and fun.
  6. "Dude! No wonder you've got front end vibration! These ball joints are SHOT!"
  7. I might be missing something, but I don't think there were any fins on the 1935.... or any.. Airflow.
  8. That must be a blast on a long uphill slope. 4 people in an '85 Toronado was fine. Entry is above average. The drive is effortless. Exit is above average. 4 people in an '85 Continental was fine. Entry is above average. The drive is effortless. exit is above average. 4 people in a '94 Cutlass convertible 2x2 was fine. Entry was easy. Seats were some of the most comfortable I've ever had. Exit was easy. 4 people in an '04 CTS, everything perfect. I've alternated coupe, sedan, coupe, sedan..... Coupe has never been the huge disadvantage you make it out to be for me.
  9. G3, G5, Outlook, coloroado <replaced>, Canyon <replaced>
  10. Even in the 70s when these things had to share the road with Matadors and Pacers.... how were they considered attractive?
  11. Switch gear out of a Chrysler 300?
  12. The FDIC has nothing to do with what is going on and could never have done anything to stop it. We are deglobalizing. The turmoil happening right now is the explosive unwinding of a business model that cannot be sustained by oil. AIG, bad mortgages, high unemployement, bank failures are not the causes of this but the symptoms. The Saudis, the Russians, the Venezuelans, the Mexicans all have falling output of oil. We have no alternative infrastructure in sight. Energy prices are down right now because factories are idle and not shipping anything. Energy prices are not going to stay down. This is the festering cancer waiting to come out of remission just as soon as the economy starts to turn around. As a kid I had a favorite National Geographic betamax tape called Love those Trains, that I would watch over and over. In part of the story, they follow a box car of lettuce that is picked in Southern California and finally delivered to a PTA luncheon in Boston. While I loved watching the trains, even as a kid I thought it was rather silly to ship lettuce from California to Boston. Even if Massachusetts couldn't grow their own lettuce, I was sitting in the Garden State of New Jersey.... surely we had enough lettuce that we could ship ours to Boston instead. We're going to be forced to move to a more locally produced model of consumption. This will be a permanent change unless we develop and deploy an alternative fuel right now.
  13. 1) We paid $180b to own 80% of a company with a market cap of $3.3b and that has outstanding liabilities of $807b. For comparison, with $180b, the Feds could have purchased the entire liabilities side of GM's balance sheet and had about $3b in change. 2 a.) AIG has a poor chance at making money again. Their name is permanently tarnished. They've had to take down their sign on their NYC headquarters. They have about as much chance of making money again as Enron does. BTW, I also use the term "making money" very loosely. AIG never "made" money....... they "made up" money sure... but most of the money "made" by them was imaginary. 2 b.) If by a "long time" you mean two years... then sure. GM had a quarterly profit of $891 million dollars in 2Q 2007. Net income, excluding one-time items, was $1.4 billion. 3 a.) Catastrophic to whom? DeutcheBank? Royal Bank of Scotland? Barclays UK? That's where the bailout money went. Of the 15 banks that AIG made payouts to, only 4 were US based. All of which already received TARP funds. 3 b.)General Motors, it's dealers, suppliers, and affiliates employ millions of people. The hit on employment in this country and others would be catastrophic. Not even Toyota wants to see GM liquidated because in the process it would take out suppliers that Toyota relies on. The quickest way to kill Ford and Chrysler would be through an uncontrolled G.M. bankruptcy. You don't think that would be catastrophic? 4.) If $180b were to be extended to GM as a long term, low interest loan. The government would get it's money back, with interest, Iaccoca style. We are getting a grand total of $0 back from AIG... because they weren't loans. So sure.... I'm all for "keeping it real"
  14. uhmm.. I'll take your truck and your money.
  15. Victory gardens are "in" this year....
  16. Did I miss something? When did Toyota announce a Camry Solara Convertible Brougham?
  17. I like the thought process in this thread. "Oh No! Evil corporations are going to control the masses for fun and profit!" Now if I were to suggest regulating and taxing those corporations in a way that manipulation of the masses is no longer profitable. "Why do you hate America and want to punish the successful!?!?!!!@11111!!?"
  18. How's this for concern? Human population cannot grow indefinitely. There needs to be some sort of plan to limit population growth relatively soon. The earth simply cannot continue to support our current way of living at the rate our population is growing. You may only take 700 - 4000 sq feet of living space on this earth, but it take acres and acres and acres of land to support you.
  19. So I take it, 68, you'll be out with your rototiller (V8 pushrod, rear tine no doubt) in a few weeks getting ready to grow your own? Let's keep the asshattery to these two threads you've started please. Any new ones will be deleted.
  20. 2010 Camaro First Test Roundup Motor Trend, Car & Driver, Jalopnik each test the new Chevy Camaro. Here are the links to all three in one tidy package. Motor Trend First Test: Camaro Car & Driver tests the 2010 Chevrolet Camaro Jalopnik - 2010 Camaro First Drive Cheers and Gears Camaro Review hub
  21. I bet I know someone who can.... but he's been a bit... uh... mute lately.
  22. Get what you like. Get another GTO, get another T/A.... get me an '85 Toronado.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search