Posted in Business, Economy, Government, cars, current events, tagged Automobile, car, Closing, Detroit, GM, Saturn on June 4, 2009 | Leave a Comment »
Saturn was a spin off of GM started around 1990. They specifically built a brand new state of the art plant, away from Detroit in Tennessee. From day one they were to be a different kind of car company. They made very well built cars, cars with Hi-Tech Polymer bodies that were light-weight, didn’t dent, didn’t rust. They looked good and got good gas mileage. It was GM’s way to build a Japanese car in America by an American company.
The point to all this is Saturn was and is building the kind of cars that the Government says GM needs to build to survive. So I was shocked to see GM is closing them on November 9th. What sense does that make?
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please take the time to read this plea from a fellow american who is having his livelyhood stolen from him, with help from the United States Government.
This is beyond imagination! My business is being stolen
from me through NO FAULT OF OUR OWN. We did NOTHING wrong.
HOW CAN THIS HAPPEN IN A FREE MARKET ECONOMY IN THE UNITED
STATES OF AMERICA?
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Posted in Economy, Family, cars, current events, money, tagged credit, depression, Economy, economy.automotive, real estate, recession, Sleep on March 7, 2009 | Leave a Comment »
I listened to an economist the other day on a business news channel who said that basically the prosperity of the last decade was all a lie. A lie built on credit. People borrowed money they didn’t have to buy houses and cars and stock they really couldn’t afford.
They say we may recover back to were we were in about 3-5 years. Personally I hope we never get back there. I hope that this time has the effect on our generation that the depression and WWII had on our grandparents and parents.
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Posted in Business, Economy, Government, cars, current events, money, politics, tagged alternative energy, bailout, Congress, economy.automotive, election, Employment, Government, infrastructure, nuclear, Obama, opec, president, solar, stimulus package on February 3, 2009 | Leave a Comment »
Dear President Obama please use your vision and power to make this Stimulus Package a real longterm investment in the future of America, and not the usual Pork Filled gift to special interests
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Posted in Economy, Government, cars, current events, money, politics, tagged alternative energy, billions, bridges, Economy, highways, infrastructure, new deal, Obama, Pelosi, recession, Stimulus, Taxes on January 29, 2009 | Leave a Comment »
I’ve been away at a funeral and out of touch. So I hope they haven’t approved the stimulus plan yet. This is a non-partisan rant. They are looking at spending over a Trillion dollars till it’s all said and done. That’s more money than even Austin Powers could conceive of spending. I didn’t vote for [...]
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Posted in Business, Economy, Government, Travel, World, cars, current events, money, politics, tagged alternative, Bush, car, conspiracy, gallon, gas, opec, Saudi Arabia, solar, stupid, truck, wind on December 29, 2008 | Leave a Comment »
I’m a little late to the party on this. Spiney has been somewhere between depression, exhaustion, busy, and malaise. As anyone who drives has noticed the price of gas has dropped very steadily for a high during the Summer and Political Primary season of about $4.10 here in Eastern PA to a current $1.60 and [...]
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Posted in Business, Economy, Government, World, cars, current events, money, politics, tagged bailout, Detroit, economy.automotive, Employment, Government, Jobs, Paulson on November 13, 2008 | 4 Comments »
Hopefully I’ll make some sense as I write this sleep deprived, in pain, and just a little cranky. Well today was a day filled with bad business news at least according to my sources at Fox Business News both on Cable and XM-Radio. The Dow fell into the low 8200’s because Secretary of the Treasury [...]
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