Comments on: The Carnage That Is Called Detroit

By: Matthew C. Keegan

Matthew C. Keegan — Fri, 08 May 2009 09:49:24 +0000

I’m in agreement with the sham aspect! I also think that they could save Pontiac, given that the brand is sold alongside Buick and GMC at most retail outlets. How hard would it be for them to continue to sell the Pontiac G8 and the Pontiac Vibe? Two vehicle produced by Holden and Toyota respectively.

By: Iowa GMC

Iowa GMC — Thu, 07 May 2009 23:22:57 +0000

I think it is interesting how GM seems only interested in ‘saving’ their Cadillac, Chevrolet, Buick, and GMC brands. I definitely think that was a smart move on them. Although i personally believe the auto bailout is a total sham.

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Fed CAFE Timing Is Bad Timing Indeed » Matt’s Musings — Fri, 27 Mar 2009 20:42:23 +0000

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drivelocity.com » Blog Archive » U Comment I Follow — Sun, 22 Feb 2009 17:15:47 +0000

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By: Matthew C. Keegan

Matthew C. Keegan — Fri, 20 Feb 2009 11:05:54 +0000

Ernie, I would love to be wrong on this one, but I can’t see things changing much over the coming months. It’ll take 2009 and probably a good chunk of 2010 before things shake out. By then, who knows what we’ll be left with.

Your country (Canada) could benefit if the US buys more of its oil from you. I read in The Wall Street Journal yesterday about the Alberta oil fields and I know that both of our countries could benefit if we were to work together on it. But, I fear President Obama is worried about greenhouse gases and, since the extraction method is less environmentally friendly, may simply choose to limit that trade.

By: Ernie Small

Ernie Small — Fri, 20 Feb 2009 02:00:07 +0000

i wish i did not agree with you that ’09 is going to be an economic bloodbath, but unfortunately i do. hopefully things can eventually settle out after the purging is complete. as for whether these companies should be bailed out at all in the first place; well, it seems like we’re damned if we do and perhaps double-damned if we don’t….

By: Matthew C. Keegan

Matthew C. Keegan — Thu, 19 Feb 2009 18:23:47 +0000

@ Larry — After Obama tried to scare Americans into accepting the stimulus package, GM took a page out his playbook to use against him. Supposedly, GM says that it’ll cost $100 billion to bail out GM through one scenario, an amount many times the company’s current worth.

@ No Swap — Well, I think that this is happening. Even if the feds help GM and Chrysler, there is no guarantee that customers will follow suit. Looks to me that both companies have their backs to the wall.

By: No Swap Forex Account

No Swap Forex Account — Thu, 19 Feb 2009 17:42:27 +0000

These auto companies are lame and I hope that they crappy ones falter and get out of our market. If they cannot stay afloat on their own accord then they need shifted out and we need someone who can survive in place.

By: LarryJackson

LarryJackson — Thu, 19 Feb 2009 02:12:12 +0000

It's a shame, but the American taxpayer is going to be left holding the bag and the bulk of the cost of this economic fiasco we are undergoing right now. You said it right when you said it's going to be ugly. LarryJacksons last blog post..GM and Chrysler ask for more money