Archived posting to the Leica Users Group, 2008/12/21
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Correct, Gene; and Nathan, were you aware that in 2008 GM has sold more cars in the United States than Toyota? Over a million more? And that Buick is the biggest-selling foreign brand in China? Seth ----- Original Message ----- From: <grduprey@mchsi.com> To: "Leica Users Group" <lug@leica-users.org> Sent: Saturday, December 20, 2008 9:50 PM Subject: Re: [Leica] un-believable - now off-topic and long-ish 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. > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information _______________________________________________ Leica Users Group. See http://leica-users.org/mailman/listinfo/lug for more information -------------------------------------------------------------------------------- No virus found in this incoming message. Checked by AVG - http://www.avg.com Version: 8.0.176 / Virus Database: 270.9.19/1859 - Release Date: 12/20/2008 2:34 PM