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Old 03-06-2012, 01:30 PM
 
Location: Marietta, GA
7,846 posts, read 14,896,257 times
Reputation: 3512

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Quote:
Originally Posted by JoeP View Post
...and there you have it.

Must be that typical UAW model that Bear Stearns, Enron, BofA, Wachovia, and so many others had, right? Oh wait...
Yes...let's change the subject, because no conversation about anything substantive can be had unless someone chucks in a reference to the "1%" or "Wall Street" since those are the new rallying cries.

Now...if you want to put away the buzzwords, I suppose you're insinuating that TARP is the same as the GM bankruptcy? OK...to which I would say that I oppose poor business decisions made by any company based on political correctness or bias, and many of the decisions made by banks to underwrite sub-prime loans was based on a desire to lend in a politically correct manner, as well as the desire to make easy money. They were wrong.

Two wrongs don't make a right....next talking point?
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Old 03-06-2012, 01:36 PM
 
5,102 posts, read 5,987,845 times
Reputation: 3116
Quote:
Yes...let's change the subject, because no conversation about anything substantive can be had unless someone chucks in a reference to the "1%" or "Wall Street" since those are the new rallying cries.
Not changing the subject. It was already changed. I merely noted "model" commented on.

I didn't bring up 1%, Wall Street, or any "rallying cries."



Quote:
Now...if you want to put away the buzzwords
I called out a buzzword. And you are welcome.

Quote:
I suppose you're insinuating that TARP is the same as the GM bankruptcy?
Nope, I did not discuss TARP at all.

Wow, my post wasn't very long and still you didn't read, yet replied... you quoted me, but apparently were replying to someone else.
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Old 03-06-2012, 02:34 PM
 
268 posts, read 548,919 times
Reputation: 131
Quote:
Originally Posted by neil0311 View Post
The board of GM, which is or was controlled by the US Gov't Executive Branch is responsible. I fully understand where the onus is coming from to push these kinds of projects.

My point was that blaming the messenger isn't productive.
Let's not go re-writing history - the Volt was introduced as a concept car in 2007 and was a personal passion of Bob Lutz prior to his retirement. It entirely predates any government involvement in the running of the company.

It's also a great approach to an electric vehicle.

The problem is it's too expensive to appeal to the average consumer, as are many products when they are first introduced. If battery costs come down, Volt-like vehicles will make great sense. If not, they will be expensive toys for a certain small niche of buyers.
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