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#61
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posted to rec.boats
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![]() "Eisboch" wrote in message ... "hk" wrote in message . .. Eisboch wrote: "Reginald P. Smithers III, Esq." wrote I guess Harry just enjoys seeing others hurt. I sincerely don't think Harry wants anybody hurt. He's in warm-up mode for November. Happens every four years. Eisboch Reggie is an idiot. I don't "relish" GM's bad news. It means more bad news for its remaining workforce. Thank god the Bush-GOP plan to "privatize" social security so individuals could invest in the flim-flam game called the stock market got nowhere. Thank God most people realize they can't rely on social security alone in their retirement. Eisboch But those that don't become democrat/socialists. And then target the moneys of those that saved. Taxation for redistribution of wealth (institutionalized government theft). Democrats promises are dangerous. |
#62
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posted to rec.boats
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On Sat, 02 Aug 2008 11:30:28 GMT, "Canuck57"
wrote: snipped a prime example of what is wrong with corporate management in North America. No generalizing there! |
#63
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posted to rec.boats
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![]() "D.Duck" wrote in message ... "hk" wrote in message . .. Eisboch wrote: "Reginald P. Smithers III, Esq." wrote in message . .. I am trying to figure out why Harry is relishing the fact that any company is having a downturn. It has a negative impact on individuals who have stock in the company, retirees who depend on dividends for part of their income, it has a negative impact on the employees and the local and/or national economy. I guess Harry just enjoys seeing others hurt. I sincerely don't think Harry wants anybody hurt. He's in warm-up mode for November. Happens every four years. Eisboch Reggie is an idiot. I don't "relish" GM's bad news. It means more bad news for its remaining workforce. Thank god the Bush-GOP plan to "privatize" social security so individuals could invest in the flim-flam game called the stock market got nowhere. Historically the "market" returns an annual average 10% return. Is that flim-flam? I don't think so either. I average 12%. Have 80% in cash right now looking for a bottom. But should have put out more shorts. It really comes down to this. If the democrats win, the market will have a short term gain until the democrats will have to come clean on how they will pay for promises. Then the market will continue losses until people figure out credit-card-debt-print-money management does not work. Which is really what this downturn is all about. Someone put a pin in the debt balloon. And to make it worse, we have a credit card generation flat broke out there that want those that saved to pay for it. |
#64
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posted to rec.boats
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![]() "Larry" wrote in message ... "Eisboch" wrote in news: : Automakers build what the consumer buys. Eisboch This consumer is trying to by a DIESEL Smart ForTwo but Smart USA doesn't want to sell me one....dammit. I may toss caution to the wind and fly to Canada and buy one, even used. They're plastic so the salt doesn't eat them up there. The diesel is important to me as I want one to burn on Vegetable oil like my other diesels do. The "Smart" car's availability in the USA is a little confusing. For several years a company (forget their name) have been importing them, modifying them to meet US safety standards and selling them. This was done without the blessings of Mercedes, who owns the Smart car product line. Mercedes has introduced "official" Smart cars to the US market, but as you have discovered, only two models are currently available. If demand warrants, they plan to make available other models, including the diesel. That's how I understand the current situation. I also heard or read that Mercedes was going after the company that was importing and modifying them to curtail their business. You need to make sure you are buying from a dealer who is officially authorized by Mercedes. Otherwise, warranty issues may not be honored. I've also considered buying one, just for fun. Still thinking about it. Eisboch |
#65
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posted to rec.boats
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![]() "Canuck57" wrote in message news:UgXkk.51647$nD.26502@pd7urf1no... "Eisboch" wrote in message ... Although dismal financial results, the bulk of the "losses" are write offs and charges to re-tool for the manufacture of more smaller, fuel efficient cars for the US market. Sounds horrible, and I am not making light of the problems, but it's not as bad as the media (and you) are making it out to be. Sounds worse actually. Posting a quarterly loss that is more than twice as much as your market cap well, in my books is serious bankruptcy coming on. GM's troubles are understated, and in fact it is probably too late for GM as we know it to come back from this. My guess is GM will be broken apart. The US side will just go bankrupt while if GM has any profitable divisions off shore they will be bought piecemeal by others. Target price, $0.20 as a speculation buy. Time will tell. Eisboch |
#66
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posted to rec.boats
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#67
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posted to rec.boats
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hk wrote:
Larry wrote: hk wrote in news:zrednWQ0jPFAjA7VnZ2dnUVZ_h- : Apparently the management at Yamaha is a bit more attuned to customers than to paying that 25-cent quarterly dividend. Oh...I'm not claiming that the Japanese outboards are "flawless," nor are the companies that produce them. Your Yamaha is about as Japanese as the Japanese steak house over by the mall. Your Yamaha was made HERE. His Evinrude was made THERE....(c; No, I don't know where the Yamaha plant is for the Northeast.... The company is Japanese. I have no idea where the motor was "made." I suspect its pieces and parts were collected from around the world and the engine itself was "assembled" in one location. Or something like that. There are no more new Evinrudes, just as there are no more new Indian motorcycles. The lineage of both is dead and buried; just the name survives. Remember when you talked disparagingly about anyone who would buy a Japanese car or engine when someone was talking about a Honda 4 stroke? I think you said someone about "From the people who brought you Pearl Harbor". |
#68
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posted to rec.boats
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![]() "Eisboch" wrote in message ... "Canuck57" wrote in message news:RROkk.50596$nD.3370@pd7urf1no... "Eisboch" wrote in message Although dismal financial results, the bulk of the "losses" are write offs and charges to re-tool for the manufacture of more smaller, fuel efficient cars for the US market. They have been retooling for 4 decades. WTF. Sounds horrible, and I am not making light of the problems, but it's not as bad as the media (and you) are making it out to be. Worse, bankrupt GM. GM is toast. I'll try again. Automakers build what the consumer buys. Eisboch Can GM build these? http://jalopnik.com/343003/the-2500-...eiled-in-india Doubtful, they would have to price them for $25,000 not $2500. Easier to import them. Once the India market is saturated, maybe they will. I also hear China has a 4x4 SUV for under $10K. I think given people are not making more, the expensive cars are over priced Dodo birds. Because people are on to this, if I buy a GM piece of crap, why pay the price when a Tata piece of crap will do? GM has been out of touch too long. Looking at the Chrysler lots here in town, I suspect Chrysler too is in deep - deep trouble. Too much expensive inventory. And local market conditions are relatively good. GM is just waiting for chapter 11. The time has come like computers and TVs, to import cars as North American made is just too expensive. The thing is, Tata has the same attitude as Henry Ford did. Mind you, all that being said you will not get my F150 out of my hands, it pulls the boat. Just facing the facts that most people can't afford the expensive depreciating iron/plastics any more. |
#69
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posted to rec.boats
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![]() "Calif Bill" wrote in message m... "Wayne.B" wrote in message ... On Fri, 1 Aug 2008 21:57:26 -0400, "Eisboch" wrote: I'll try again. Automakers build what the consumer buys. Eisboch That's true up to a point but GM and Ford pigged out at the party. They knew very well they were making much higher margins on their big vehicles, and as a result, put way too little funding into R & D for fuel efficiency. The handwriting has been on the wall for quite awhile for anyone who cared to look, but GM and Ford had their head in the sand. Is there any doubt that they could have produced high quality efficient vehicles, similar to Toyota and Honda, if they had put an effort into it? And Toyota and Honda have also taken a bad road. Looking at new vehicle for SWMBO. Liked the Acura MDX. People complaining about mileage. 12-18 mpg. Look at the new Tundra. Same size as an F150. 14 mpg highway. Toyota Highlander Hybrid. $49k. Like the look and feel of the Saturn GreenVue. 32 mpg highway, 20+ around town. $25k. My daughter bought a new Sequoia last year. $48k, and probably gets the same crappy mileage as the same size Ford Expedition. About 14 around town, and 16 highway. Look at all the ads for the Japanese cars. Touting the performance. In the year I bought my F150, there were more foreign parts in it than the Tundra. Both assembled in the USA. I like my F150. More of them on the road for cheaper parts when it gets older. But I get better gas mileage than above, guess it depends how you drive it. I don't subscribe to the Japanese myth any more. Sure, once they were better but had a imported Nissan Pathfinder changed my mind. |
#70
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posted to rec.boats
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![]() "Larry" wrote in message ... "Canuck57" wrote in news:IQOkk.50593$nD.27486 @pd7urf1no: At least if I buy a Tata Nano for $4000 I know I am getting a cheap car. Dave, do they have Nanos in Canada, yet? Haven't seen them yet. But Canada once had the Lada from Russia so I expect maybe someday. With all the green hype, and big 3 over pricing in the Canadian market I bet the people are asking. We do have "SmartCars". Over priced too. See them for 2 seasons a year. Trouble with any of these mini cars, add -30C and 8" of snow and they stay in the garage until spring. I'm seriously considering flying to Canada to buy a Smart ForTwo DIESEL they won't sell me in South Carolina. I found out I can import it as it is on the EPA list of excluded cars way back to 2004 Smart Cars so bringing it home isn't a problem. You might be able to get a used one cheap if you go to the snow areas. Many buy them, then discover the heaters are no good in winter as is the traction. Each year we do our Christmas shopping in Montana as many Canadians do. Last December the only people who got home on time were 4x4 and trucks. A friend with a Vette and hybrid eco type contraption had to stay in Great Falls for 3 unanticipated days. Both now have a 4x4. They sure don't lose their value very much. Used 2005 Smart Diesels are $CN12000 in Toronto. If it was in ace shape, offer them $9 or 10K? Also consider Winnipeg. Canadians are just figuring it out, while it is nice to have one vehicle that is "green" and efficient, the other still needs to be a 4x4 V8 or V6. Where I live, every 3rd vehicle is a truck, SUT or SUV. They don't plough my road in winter and only see the Smart Car up the road from May to early November. Makes more sense in SC, nice state BTW. |
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