Comments on: The Road to Saving GM and the Taxpayer lies through Bankruptcy http://www.ritholtz.com/blog/2008/12/the-road-to-saving-gm-and-the-taxpayer-lies-through-bankruptcy/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 22:30:38 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: dawg http://www.ritholtz.com/blog/2008/12/the-road-to-saving-gm-and-the-taxpayer-lies-through-bankruptcy/comment-page-1/#comment-134800 dawg Fri, 19 Dec 2008 18:17:20 +0000 http://www.ritholtz.com/blog/?p=12292#comment-134800 now that the bailout has started,i'm more than angry. i 'm as patriotic as can be but i just e-mailed GM and informed them that i will never buy another american car and i hope others will follow suit. today's action will start endless "loans" of money to a failed industry.GM needs to know their little plan had unintended consequensces. now that the bailout has started,i’m more than angry. i ‘m as patriotic as can be but i just e-mailed GM and informed them that i will never buy another american car and i hope others will follow suit. today’s action will start endless “loans” of money to a failed industry.GM needs to know their little plan had unintended consequensces.

]]> By: Reinko http://www.ritholtz.com/blog/2008/12/the-road-to-saving-gm-and-the-taxpayer-lies-through-bankruptcy/comment-page-1/#comment-131867 Reinko Tue, 09 Dec 2008 20:10:55 +0000 http://www.ritholtz.com/blog/?p=12292#comment-131867 To Brendon: It is now a day later, but that is good news because here in Europe there are still all those 'chasing documentaries' on cheap commercial television. Lets hope they are gone in a few years time because when you turn crime into entertainment in the long run nothing good will flow from that. To Brendon:

It is now a day later, but that is good news because here in Europe there are still all those ‘chasing documentaries’ on cheap commercial television. Lets hope they are gone in a few years time because when you turn crime into entertainment in the long run nothing good will flow from that.

]]> By: larster http://www.ritholtz.com/blog/2008/12/the-road-to-saving-gm-and-the-taxpayer-lies-through-bankruptcy/comment-page-1/#comment-131683 larster Tue, 09 Dec 2008 02:42:27 +0000 http://www.ritholtz.com/blog/?p=12292#comment-131683 A member of the NYT board is opining on how to save the auto industry. Pleaaaaaaaaaaaas! A member of the NYT board is opining on how to save the auto industry. Pleaaaaaaaaaaaas!

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2008/12/the-road-to-saving-gm-and-the-taxpayer-lies-through-bankruptcy/comment-page-1/#comment-131681 Mark E Hoffer Tue, 09 Dec 2008 02:22:23 +0000 http://www.ritholtz.com/blog/?p=12292#comment-131681 ya know, it's interesting, there's been a documentary produced: "Who killed the Electric Car?", yet, if one were to ask: "Who killed the CNG vehicle?", one would receive, for the most part, blank-stares, or confounded--"What do you mean?"--responses.. Mr. Kohlberg's Plan is Forthright, and Sensical, though, he is overlooking the Fact that Honda's Civic GX is the 'greenest' car available, and its available Today. As well, a fleet-wide CNG retrofit, released into the 'wilds' of the tuner-crowd, would provide gainful employment for many, and have the potential for sparking a rejuvenation of our Manufacturing Sector-writ large.. who has bets that that 'Ace' ain't even in the Deck? ya know, it’s interesting, there’s been a documentary produced: “Who killed the Electric Car?”, yet, if one were to ask: “Who killed the CNG vehicle?”, one would receive, for the most part, blank-stares, or confounded–”What do you mean?”–responses..

Mr. Kohlberg’s Plan is Forthright, and Sensical, though, he is overlooking the Fact that Honda’s Civic GX is the ‘greenest’ car available, and its available Today.

As well, a fleet-wide CNG retrofit, released into the ‘wilds’ of the tuner-crowd, would provide gainful employment for many, and have the potential for sparking a rejuvenation of our Manufacturing Sector-writ large..

who has bets that that ‘Ace’ ain’t even in the Deck?

]]> By: deanscamaro http://www.ritholtz.com/blog/2008/12/the-road-to-saving-gm-and-the-taxpayer-lies-through-bankruptcy/comment-page-1/#comment-131668 deanscamaro Tue, 09 Dec 2008 01:14:40 +0000 http://www.ritholtz.com/blog/?p=12292#comment-131668 to philmckee: The elected officials do not have the balls to do what needs to be done for America, just as the auto exec's didn't have the balls to do what needed to be done to get rid of the legacy wage, benefits and retirement costs that are totally out of reason and that are dragging the companies down. I think the Congressmen are just shoving the right decision out into another Administration and hoping the Tooth Fairy will sprinkle magic dust on the problem. to philmckee:
The elected officials do not have the balls to do what needs to be done for America, just as the auto exec’s didn’t have the balls to do what needed to be done to get rid of the legacy wage, benefits and retirement costs that are totally out of reason and that are dragging the companies down. I think the Congressmen are just shoving the right decision out into another Administration and hoping the Tooth Fairy will sprinkle magic dust on the problem.

]]> By: KVanHim http://www.ritholtz.com/blog/2008/12/the-road-to-saving-gm-and-the-taxpayer-lies-through-bankruptcy/comment-page-1/#comment-131667 KVanHim Tue, 09 Dec 2008 01:13:33 +0000 http://www.ritholtz.com/blog/?p=12292#comment-131667 #7 sounds a little protectionist...why not open it up to any carmaker that meets a certain standard? #7 sounds a little protectionist…why not open it up to any carmaker that meets a certain standard?

]]> By: philmckee http://www.ritholtz.com/blog/2008/12/the-road-to-saving-gm-and-the-taxpayer-lies-through-bankruptcy/comment-page-1/#comment-131663 philmckee Tue, 09 Dec 2008 00:43:35 +0000 http://www.ritholtz.com/blog/?p=12292#comment-131663 Damn It. This to do list is so obvious. Why can't our elected representatives get the message and do what's right for America? Damn It.
This to do list is so obvious. Why can’t our elected representatives get the message and do what’s right for America?

]]> By: Brendan http://www.ritholtz.com/blog/2008/12/the-road-to-saving-gm-and-the-taxpayer-lies-through-bankruptcy/comment-page-1/#comment-131650 Brendan Mon, 08 Dec 2008 23:19:24 +0000 http://www.ritholtz.com/blog/?p=12292#comment-131650 I must say: This article really gets to the point nicely. This one need to be printed over and over again until everyone gets it in their head that yes, we need a manufacturing base in this country to remain competitive in the world economy, and yes we need to have a vision of moving to the forefront in technology for it to be meaningful and we need to stop squabbling over half truths. This isn't just about G.M.'s management. @Reinko: My understanding is that most larger cities (including my own, which isn't exactly at the forefront of progress) have all but banned high speed chases, because the danger posed by a high speed chase is generally far higher than the danger posed by the criminal him- or herself. Police use helicopters and spike strips or count on catching the criminal later as they would any other crime that they weren't present at. The good ol' days of watching that "1984 suspicious vehicle" being chased on Cops has been slowly ending for a long time now; we only get the low speed "O.J." chases now. I must say: This article really gets to the point nicely. This one need to be printed over and over again until everyone gets it in their head that yes, we need a manufacturing base in this country to remain competitive in the world economy, and yes we need to have a vision of moving to the forefront in technology for it to be meaningful and we need to stop squabbling over half truths. This isn’t just about G.M.’s management.

@Reinko: My understanding is that most larger cities (including my own, which isn’t exactly at the forefront of progress) have all but banned high speed chases, because the danger posed by a high speed chase is generally far higher than the danger posed by the criminal him- or herself. Police use helicopters and spike strips or count on catching the criminal later as they would any other crime that they weren’t present at. The good ol’ days of watching that “1984 suspicious vehicle” being chased on Cops has been slowly ending for a long time now; we only get the low speed “O.J.” chases now.

]]> By: Reinko http://www.ritholtz.com/blog/2008/12/the-road-to-saving-gm-and-the-taxpayer-lies-through-bankruptcy/comment-page-1/#comment-131643 Reinko Mon, 08 Dec 2008 22:37:18 +0000 http://www.ritholtz.com/blog/?p=12292#comment-131643 This is funny: We will have day in day out American police chasing US criminals in high milage vehicles? And so on the state and national police documentaries the criminals in their high speed cars will always win? Please get real: Bankruptcy of the car sector is not that relevant, the only thing that will make a difference in the USA is a bankruptcy of the Federal Government. For the rest; it is peanuts... This is funny:

We will have day in day out American police chasing US criminals in high milage vehicles?

And so on the state and national police documentaries the criminals in their high speed cars will always win?

Please get real: Bankruptcy of the car sector is not that relevant, the only thing that will make a difference in the USA is a bankruptcy of the Federal Government. For the rest; it is peanuts…

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