[Leica] un-believable - now off-topic and long-ish

[grduprey at mchsi.com (grduprey@mchsi.com)]

Nathan,


There is another problem, they have buyers, but the banks will not approve 
loans to the buyers. ?The bailout will not solve this problem either. ?While 
the banks have been themselves bailed out, instead of using it to give out 
loans and fix their messed up companies, they are giving huge bonuses to 
their execs for screwing up the economic system.?


Gene -------------- Original message from Nathan Wajsman 
<photo@frozenlight.eu>: --------------


> Sorry Seth, but I am afraid your patriotism may have got the better of  
> you. GM and Chrysler are in the dumps because they build too many cars  
> that nobody wants to buy. You may like your Cadillacs but there simply  
> are not enough of you either in the US or elsewhere. Of the big 3 (or  
> 2 1/2 by now), Ford is the only one that actually makes cars that  
> people want to buy.
> 
> And the financial crisis did NOT cause their problems, it merely  
> exposed them. Even without the crisis, GM and Chrysler in particular  
> were companies in terminal decline. The US taxpayer bailout will buy a  
> few additional months, but it is the height of obscenity.
> 
> Nathan
> 
> Nathan Wajsman
> Alicante, Spain
> http://www.frozenlight.eu
> http://www.greatpix.eu
> http://www.nathanfoto.com
> 
> Books: http://www.blurb.com/bookstore/search?search=wajsman&x=0&y=0
> PICTURE OF THE WEEK: http://www.fotocycle.dk/paws
> Blog: http://www.fotocycle.dk/blog
> 
> 
> 
> On Dec 20, 2008, at 5:44 PM, Seth Rosner wrote:
> 
> >
> > Just as extraordinary for GM to have turned itself around as they  
> > have. I've gotten sick to my stomach at the trashing of GM and Ford  
> > that the grotesquely uninformed Senators and media geniuses have  
> > carried out during the last month. Both Companies have already  
> > transformed themselves (I can't speak about Chrysler as I do not  
> > know their products) and have been caught in the economic  
> > catastrophe caused by the criminals who have run the banks and  
> > investment banks and come close to destroying the world economy. End  
> > of rant.
> 
> 
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