Is there something wrong with this picture,
06-01-2009, 03:38 AM
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so I just wanted to rant a little about what's in the news - just a few things that caught my ear.
1. They are all hot and bothered about the oil going up to almost 68 bucks a barrel, but no one bothered to check on the dollar, which is down against almost all the major currencies... and S&P is up - supposedely, reflecting the optimizm spurred by the interest rate chatter... riiiiiiiiight. that's what I call media gearing up to f*ck the investors big time.
2. GM, bancruptcy... I don't know... never thought I'd see the day...
3. Air France flight from Rio to Paris is missing... just missing - nobody knows sh*t, its just gone. And all that the French can say is "we've lost hope"...
I'm sure I'll find much more and others will add too, but I'm really just sitting here trying to figure out whether this is reality or am I in some Twilight Zone episode?
1. They are all hot and bothered about the oil going up to almost 68 bucks a barrel, but no one bothered to check on the dollar, which is down against almost all the major currencies... and S&P is up - supposedely, reflecting the optimizm spurred by the interest rate chatter... riiiiiiiiight. that's what I call media gearing up to f*ck the investors big time.
2. GM, bancruptcy... I don't know... never thought I'd see the day...
3. Air France flight from Rio to Paris is missing... just missing - nobody knows sh*t, its just gone. And all that the French can say is "we've lost hope"...
I'm sure I'll find much more and others will add too, but I'm really just sitting here trying to figure out whether this is reality or am I in some Twilight Zone episode?
06-01-2009, 06:08 AM
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1. Typical media "blah blah blah." Gotta have something to yack about.
2. It was bound to happen. You can only make crap for so long before things change and your business model/standards are obsolete.
3. The Atlantic is a huge expanse of open water. The report is of an automatic electric failure signal--could have traveled miles after that. The search will take a while, and then black box recovery will be difficult due to the depths most likely involved.
2. It was bound to happen. You can only make crap for so long before things change and your business model/standards are obsolete.
3. The Atlantic is a huge expanse of open water. The report is of an automatic electric failure signal--could have traveled miles after that. The search will take a while, and then black box recovery will be difficult due to the depths most likely involved.
06-01-2009, 10:33 AM
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Originally Posted by v_therussian' post='896529' date='Jun 1 2009, 04:38 AM
2. GM, bancruptcy... I don't know... never thought I'd see the day...
1. Lack of innovation for decades.
2. The belief that market share was all that was needed to save the company yet market share was declining for years.
3. Poor quality product.
4. Failure to diversify products (look at Toyota and Honda with Hybrids)
5. Excess inventory.
6. Too many brands selling the same box of damaged goods.
7. Hubris
8. Not enough differentiation between brands causing cannibalization for the same market.
9. ?Professional Grade? doesn?t mean it?s the quality professionals want or need.
10. From a brand perspective people like to use ?it?s the Cadillac of?? but how often have you heard that phrase and thought, ?so it?s a POS that will be worthless in a few years.?
Okay, so maybe the last two were not emotionally dethatched statements.
06-01-2009, 10:59 AM
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Originally Posted by ImolaRedM' post='896858' date='Jun 1 2009, 02:33 PM
Maybe it's just me and my emotional detachment to the company but I thought it was inevitable.
1. Lack of innovation for decades.
2. The belief that market share was all that was needed to save the company yet market share was declining for years.
3. Poor quality product.
4. Failure to diversify products (look at Toyota and Honda with Hybrids)
5. Excess inventory.
6. Too many brands selling the same box of damaged goods.
7. Hubris
8. Not enough differentiation between brands causing cannibalization for the same market.
9. ?Professional Grade? doesn?t mean it?s the quality professionals want or need.
10. From a brand perspective people like to use ?it?s the Cadillac of?? but how often have you heard that phrase and thought, ?so it?s a POS that will be worthless in a few years.?
Okay, so maybe the last two were not emotionally dethatched statements.
1. Lack of innovation for decades.
2. The belief that market share was all that was needed to save the company yet market share was declining for years.
3. Poor quality product.
4. Failure to diversify products (look at Toyota and Honda with Hybrids)
5. Excess inventory.
6. Too many brands selling the same box of damaged goods.
7. Hubris
8. Not enough differentiation between brands causing cannibalization for the same market.
9. ?Professional Grade? doesn?t mean it?s the quality professionals want or need.
10. From a brand perspective people like to use ?it?s the Cadillac of?? but how often have you heard that phrase and thought, ?so it?s a POS that will be worthless in a few years.?
Okay, so maybe the last two were not emotionally dethatched statements.
Good points and good summary. It will be interesting to see what happens now. Maybe electric cars with futuristic designs (finally!!). Hopefully more along the lines of Tesla, but better on pricing.
06-01-2009, 11:08 AM
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I've only owned 1 GM Car, 2005 Cadillac SRX.
It was "OK"
but for the money, I would have gotten a 3-series instead. I gave it to my sister since she's not as picky as me
but that's the last time I'd ever buy any American made car.
Just over 60K on the dash, and I'm putting in so much cash just for maintenance on that thing.
It was "OK"
but for the money, I would have gotten a 3-series instead. I gave it to my sister since she's not as picky as me
but that's the last time I'd ever buy any American made car.
Just over 60K on the dash, and I'm putting in so much cash just for maintenance on that thing.
06-01-2009, 11:27 AM
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Actually you're asleep in a liquid bubble! While yoy're brain is being run through a program! It's the only explanation. If not, come on Dec 21,2012.
06-01-2009, 11:31 AM
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Originally Posted by ImolaRedM' post='896858' date='Jun 1 2009, 02:33 PM
Maybe it's just me and my emotional detachment to the company but I thought it was inevitable.
1. Lack of innovation for decades.
2. The belief that market share was all that was needed to save the company yet market share was declining for years.
3. Poor quality product.
4. Failure to diversify products (look at Toyota and Honda with Hybrids)
5. Excess inventory.
6. Too many brands selling the same box of damaged goods.
7. Hubris
8. Not enough differentiation between brands causing cannibalization for the same market.
9. ?Professional Grade? doesn?t mean it?s the quality professionals want or need.
10. From a brand perspective people like to use ?it?s the Cadillac of?? but how often have you heard that phrase and thought, ?so it?s a POS that will be worthless in a few years.?
Okay, so maybe the last two were not emotionally dethatched statements.
1. Lack of innovation for decades.
2. The belief that market share was all that was needed to save the company yet market share was declining for years.
3. Poor quality product.
4. Failure to diversify products (look at Toyota and Honda with Hybrids)
5. Excess inventory.
6. Too many brands selling the same box of damaged goods.
7. Hubris
8. Not enough differentiation between brands causing cannibalization for the same market.
9. ?Professional Grade? doesn?t mean it?s the quality professionals want or need.
10. From a brand perspective people like to use ?it?s the Cadillac of?? but how often have you heard that phrase and thought, ?so it?s a POS that will be worthless in a few years.?
Okay, so maybe the last two were not emotionally dethatched statements.
11. The UAW
06-01-2009, 09:15 PM
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06-02-2009, 08:41 AM
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Originally Posted by zen68' post='896924' date='Jun 1 2009, 12:31 PM
Let me add one more thing:
11. The UAW
11. The UAW
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