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Old 08-06-2009, 03:55 PM
 
11,155 posts, read 15,706,419 times
Reputation: 4209

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Quote:
Originally Posted by sanrene View Post
Refutes my argument? You must be joking? A ten percent increase in sales from May to June in NO WAY corroborates YOUR argument. They are down 34% from the previous year, same time, lost $6 BILLION in the first quarter and are going to lay off thousands more - but that 10% increase in one month sure does discount all that, doesn't it?

Totally pathetic and flies in the face of the actual numbers.
What aren't you understanding about this? The economy collapsed. Housing sales plummeted, retail plummeted, banks collapsed, auto sales crashed.

When the news reports that housing sales are up and that it is positive, they are not claiming that housing sales are back to pre-collapse levels. They are simply stating that sales are moving back in the positive direction.

Same with auto sales. Another positive indicator that things are stabilizing. I really don't understand how you're not getting this or fighting it.

Is it bad that the stock market has shot up thousands of points simply because it's not yet back up to 12,000?

I'll answer for you: No. It's great news.



Quote:
Oh, the bold? This is an opinion, NOT backed up by statistics.
As I clearly stated, I was providing you the entire paragraph for context (rather than just selecting your isolated stats). The part I bolded was the important part.
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Old 08-06-2009, 04:01 PM
 
Location: Chicagoland
41,325 posts, read 44,944,793 times
Reputation: 7118
This was your original assertion.

Quote:
Financial analysts are hailing the turn around of GM and Chrysler through Bankruptcy as unprecedented and quarterlies suggest that the companies are re-emerging in a positive direction.
No, they are not, based on one month increase of 10%.

Quote:
Pick out only the stats that support her claim, and leave everything else out.
I think you have that backwards - Fly is cherry picking the 10% number, while ignoring the $6 billion loss, thousands still to be laid off and drastic sales drops from last year to this year.
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Old 08-06-2009, 04:04 PM
 
Location: Chicagoland
41,325 posts, read 44,944,793 times
Reputation: 7118
Quote:
They never have facts.
Hilarious! I have posted the actual facts and statistics, which totally debunk her assertion, and still you fail to grasp the truth.

Here, I'll post again;

Quote:
2009-07-01 -- DETROIT – General Motors dealers in the United States delivered 176,571 total vehicles in June, down 33.6 percent compared with a year ago.

Although GM retail sales were up in June, fleet sales of 32,725 vehicles were down 49 percent compared to a year ago, contributing to an overall sales decline of 89,366 vehicles versus June 2008.

GM total truck sales
in June (including crossovers) of 93,458 were down 40 percent, and car sales of 83,113 were off 24 percent compared with a year ago.
Now, no one is saying that an increase of 10% is bad, but in the light of the other statistics, it's not so good. Many the main point is her original pollyanna misleading post, here:

Quote:
Financial analysts are hailing the turn around of GM and Chrysler through Bankruptcy as unprecedented and quarterlies suggest that the companies are re-emerging in a positive direction.
Quote:
As I clearly stated, I was providing you the entire paragraph for context (rather than just selecting your isolated stats). The part I bolded was the important part.
I bolded it, to demonstrate an opinion.
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Old 08-06-2009, 04:10 PM
 
11,155 posts, read 15,706,419 times
Reputation: 4209
Quote:
Originally Posted by sanrene View Post
This was your original assertion.



No, they are not, based on one month increase of 10%.
1. Financial analysts have praised the Obama administration for pushing the companies through bankruptcy in 40 days so they could recover faster.

2. Increased sales are a good sign and, therefore, quarterly reports show that the industry is moving in a positive direction. No one can deny that. Time will tell if they can sustain them, but for now it is a good indicator.




Quote:
I think you have that backwards - Fly is cherry picking the 10% number, while ignoring the $6 billion loss, thousands still to be laid off and drastic sales drops from last year to this year.
How many times can I explain this?!? I'm not ignoring the collapse of GM or the massive losses. Trust me. I know enough people hit by that first hand to not ignore it. I'm simply pointing out that its sales are moving in the positive direction for the first time in a long time.

I just don't understand how your mind works. I'll try again.

Construction companies used to build a lot more homes than they do today. Celebrating an increase in new home starts
for the industry is not ignoring the collapse in the past, but rather showing that perhaps the collapse is ending.

That's it. That's all. Moving on.
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Old 08-06-2009, 04:12 PM
 
7,359 posts, read 10,278,203 times
Reputation: 1893
Quote:
Originally Posted by Bluefly View Post
1. Financial analysts have praised the Obama administration for pushing the companies through bankruptcy in 40 days so they could recover faster.

2. Increased sales are a good sign. No one can deny that. Time will tell if they can sustain them.






How many times can I explain this?!? I'm not ignoring the collapse of GM or the massive losses. Trust me. I know enough people hit by that first hand to not ignore it. I'm simply pointing out that its sales are moving in the positive direction for the first time in a long time.

I just don't understand how your mind works. I'll try again.

Construction companies used to build a lot more homes than they do today. Celebrating an increase in new home starts
for the industry is not ignoring the collapse in the past, but rather showing that perhaps the collapse is ending.

That's it. That's all. Moving on.
But: Obama is BLACK and a MUSLIM and a SOCIALIST. He must be stopped AT ALL COST. He will RUIN our nation!!! Oh, if only Bush were President again!!!
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Old 08-06-2009, 04:12 PM
 
4,410 posts, read 6,138,513 times
Reputation: 2908
More view Obama's presidency as a failure after 6 months than Bush's in the same amount of time because everyone had higher hopes and expectations. Under Bush, we all knew it was heading downhill. He was a "cowboy" that never complained about his puppet strings. Obama inherited a disaster that took years to create and will take years to undo. The right can roll around like a pig in the mud all they want over this. It's all they've got left. I don't see Obama getting higher numbers for a while and I didn't support him. No one from either party will "solve" our problems. We have to get outside this two-dimensional box.
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Old 08-06-2009, 04:13 PM
 
Location: Chicagoland
41,325 posts, read 44,944,793 times
Reputation: 7118
Quote:
2. Increased sales are a good sign and, therefore, quarterly reports show that the industry is moving in a positive direction. No one can deny that. Time will tell if they can sustain them, but for now it is a good indicator.
Quarterly reports show a loss of $6 Billion and drastic reduction in sales - those are the facts.

Quote:
I'm simply pointing out that its sales are moving in the positive direction for the first time in a long time.
You said more than that in your original declaration (see above post) - that's what I was responding to since you cherry-picked the 10% and left out the $6 Billion loss, thousands of layoffs still to come and drastic reduction in sales from a 1 & 2 years ago.
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Old 08-06-2009, 04:15 PM
 
11,155 posts, read 15,706,419 times
Reputation: 4209
Quote:
Originally Posted by sanrene View Post
Quarterly reports show a loss of $6 Billion and drastic reduction in sales - those are the facts.
...less decline than previous reports for GM and Chrylser, positive for Ford.

not out of the woods yet, but turning in a positive direction. That's all I was saying.

Sheesh.
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Old 08-06-2009, 04:18 PM
 
4,410 posts, read 6,138,513 times
Reputation: 2908
Quote:
Originally Posted by sanrene View Post
Quarterly reports show a loss of $6 Billion and drastic reduction in sales - those are the facts.
And Obama is responsible for all of it! He acted alone! GET HIM! I think I saw the Lindbergh baby and Jimmy Hoffa on the White House lawn!

Not to discount the truth from your perspective but it would be nice if sanity entered this equation. Extremism is bad on the heart, you know.
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Old 08-06-2009, 11:06 PM
 
Location: Austin TX
1,590 posts, read 4,575,830 times
Reputation: 458
Obama ROCKS!
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