Drew Dowdell

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.

He's such a hardcore gamer that this card is worthless to him now.

That was a joke

Work sold me a brand new in the box P4 with PCIe for $50. I threw in 4 gig of PC5300 ram. It runs XP and Ubuntu 9.04 64bit really well. It has an integrated Intel graphics card... so my friend gave me his crappy old NVidia GeForce 8800 GTS OC 640mb video card. Think that'll run Civ IV? :D :D :D

I'm not saying it's impossible. It's just not your standard drain and fill.

We're not going anywhere for a while. GDP falls 6.1% • Consensus estimates were way too high — Wall Street economists forecast a drop of -4.6% versus -6.1% actual data; • GDP has fallen three consecutive Qs, something that hasn't happened in since Q3 1974 through Q1 1975; (WSJ) • These 2 consecutive quarters of minus 6% contraction is the worst 6 month span for the economy since 1957-58; (Bloomberg) • All investment-related segments of the economy showed significant weakness; we surmise that lot of this weakness is credit crisis related; • Real exports of goods and services decreased 30%; • Residential building declined 38% — the deepest drop in the cycle so far. • Commercial construction fell 44.2% in 1Q –the largest quarterly decline ever recorded (data goes back to the 1940s). Recessions Follow Oil Price Increases A recession has followed every significant oil price increase. Although our current economic malaise is blamed on the credit crisis, people forget what happened to the price of oil. In 2008 the average price of oil was $99 per barrel (per the Energy Information Administration). The year before it was $72 per barrel. Year Oil Price (WTI) Total Spent on Oil: 2007 $72 $2.160 trillion 2008 $99 $2.970 trillion In just one year, that price difference sucked an additional $810 billion from the world economy. The same level of increase happened from 2006 to 2007. Simply put, we were going to have a global recession even if the credit crisis hadn't occurred. By the way, did you notice that the price increase is roughly the same as the current stimulus package? Do you think any future stimulus package will have any effect when oil goes back up in price? The End of the Car Age In other words, the recent high price of oil has destroyed much of the capacity for us to move off of oil. When you pull together these items: the date of peak oil (most likely 2008 since so many oil projects are being canceled) the still-increasing fleet turnover rate a collapsing economy Most Americans have bought their last car. I don't mean their last "gasoline powered" car, I mean any car. Unfortunately, the same mechanism is playing out in the renewable energy sector. Investment is down by almost half. Enlightened government could have put a floor under oil prices for the previous three decades, thus moving us completely off oil while we had the economy to do it. Now it's too late.