Posts about the economy and GM...

[rlg3]

Originally Posted by fbodfather

RLG3 -- I'm sorry - this wasn't meant to become a political statement.

I received several emails that stated real concern over the threads that talked about GM going bankrupt -- and those about the Camaro being delayed -- and thus, I felt that I would respond because I was asked to......and if I'd responded in the political thread area, those with concerns about the Camaro being delayed -- or GM going bankrupt -- those people would most likely have not seen it...........so I hope you'll humor me....

You have some very good points.........

............but a funny thing happened to me: Three months after I'd received my stents - I got FOUR different letters from FOUR different law firms wanting to represent me in a lawsuit against the stent maker........

..............seems they found that some stents --even the medicated ones CAN develop clots - and I "could" die at some point...........

WHAT??????

See: here's the problem -- I would have died shortly after the blockage was discovered -- my doctors tell me I would not have lasted 6 months.....without a major coronary event that would in all likelihood have been fatal. (.......there ARE those who may have cheered at that......) What these 'caretakers of the law' don't either realize -- or don't want to admit to is this: IF I LIVE AN EXTRA DAY with the stents - then it was worth it. Two years later I have none of the symptoms of a blockage - and therefore, I see that the company that made these stents gave me a couple of extra years -- and if I die tomorrow, GOD BLESS THEM for giving me two more years.....(and a chance to see the Camaro rise again!)

BUT -- I'm glad you responded and I think your points are certainly interesting! (I need to do more research!)


As to "Fbodfather for President?"


........sorry -- ain't no amount of money you could pay me to take on that job.........I'm not that smart -- and I have no patience!

I think your points on GM were great because there were a lot of questions, and I think it was placed on the right thread, but then your post took a turn towards politics which is ok I just think it should be on a different thread. Your thoughts on healthcare and straight party voting are the types of post that we often have long conversations about on the political threads. I highly doubt the mods will move it, you are Fbodfather, you have done so much. So it comes as no surprise that you are allowed to break the rules, and if anyone deserve that right its you.
Now enough of this I got to head to my local Chevy dealer to talk Camaro. My order will be in first thing Monday, I am number one on their list.

[RSHugger]

http://money.cnn.com/2008/10/11/news...ex.htm?cnn=yes

This is more evidence that GM is looking to become a force to be reconned with... definitely would be interesting.


By the way, agree 100% with FBod... and also the recommendation to have Scott run for President. He already has the fleet of Black Suburbans and could you imagine the armored Camaro running around

[fastball]

Originally Posted by RSHugger

http://money.cnn.com/2008/10/11/news...ex.htm?cnn=yes

This is more evidence that GM is looking to become a force to be reconned with... definitely would be interesting.


By the way, agree 100% with FBod... and also the recommendation to have Scott run for President. He already has the fleet of Black Suburbans and could you imagine the armored Camaro running around

To borrow the old C&C Music Factory song...... Things that make you go hmmmmmmm

Well, you know, in this down market, the smart people are actually buying. But how would GM have the cash to do it when they have enough on their own plate to worry about?

Very interesting.

[swifttal]

Originally Posted by transfrmn

Canadians are cool i mean look at Nickelback their canadian and they are awesome

sry didn't mean to be off subject but i had to

Especially their overdramatic singer

[swifttal]

Originally Posted by fbodfather

-- got a few notes from people....concerned about the economy and GM and whether or not this will delay the Camaro.

First -- let me make this perfectly clear: this is ME talking - and I am NOT speaking for the company I work for...........MY thoughts:

Let me quote our Chairman: "Bankruptcy is not an option......."

Those are pretty powerful words. I believe he's committed to doing everything in his power to turn this company around -- and the proof is in the cars and trucks we're coming out with.

(Fact: No one has more cars that get 30mpg or better than Chevy -- not Honda, Not Toyota -- not anyone.........................) (sorry -- just had to put that message in there.....)

Rick has lots of people criticizing him -- everyone seems to think they have the answer - the fact is that they don't have all the answers.

Will we ever declare bankruptcy? Well -- 'never' is a realllllllllll long time -- so I will never say never.........but I think it very very unlikely.

The Economy is indeed in turmoil -- where will it end? No one knows. NO ONE.

That said -- while our business has taken quite a hit, we're moving forward with new products -- and one of them is the Camaro. There are no delays on the new Camaro. None.

Back to the economy...........

I have a real problem with many of our elected officials in Washington....I believe we -that's you and me-- need to vote a LOT of people out of office -- and we need to do it NOW.

I believe that there are people on Wall Street that need to go to jail. I believe that we need to use the 'claw-back' laws to 'claw back' the outlandish compensation that too many people have been paid. I'm sorry, but NO ONE is worth $50million in my book ...you may disagree and it's your perogative to do so..............

I believe in the United States of America.

I also know that the rest of the world is going thru what we're going thru.........and that is frightening.

I believe we've got some of the best business minds in the world - and I believe you'll see people work hard to solve our problems.

Now -- that said:

WE - that's you and me -- have some responsibilities.

It is NOT a God Given Right to live in this country and expect to have things handed to us.

WE -- that's you and me - have a RESPONSIBILITY to get ourselves to the polls on Tuesday, November 4 -- and vote RESPONSIBLY --

By 'responsibly' -- I mean none of this 'straight ticket' stuff - YOU NEED TO DO YOUR HOMEWORK -- and you need to be paying attention to where ALL candidates stand on a variety of issues. YOU NEED to look at the claims being made -- and you need to do your homework to see that some are outlandish...........and you need to understand that EVERYTHING comes with a price...........

WE -- that's you and me -- have a RESPONSIBILITY to work and sacrifice to see that our way of life is preserved. We must because, you see, many have given their lives so that we - that's you and me -- can have the best standard of living that the world has EVER known. Many millions more gave years of their lives and their health -- for the same reason.

WE -- that's you and me-- need to look at what's in the best interests of the country -- not just of what MAY be in the best interests of ourselves. (singular)


A personal word about health care:

Two years ago I had a heart problem. I was told that the "widow maker' was over 90% blocked -- and I was put in the hospital and I had stents put in.

It took less than 48 hours to get these stents.......and at the time one of my dear friends in Canada told me that there was a waiting list of over a YEAR for stents in that country. (this is not a slam at Canada -- if I had to move to another country -- I'd pick Canada in a heartbeat -- love the country - love the people even more!) Our Hospitals have lots of patients from all over the world - and the reason is this: we have the best health care in the world -- but the problem is the COST of health care.

Wanna know my thinking on WHY?

People can sue for millions for ridiculous reasons.

The older I get, the more I realize what I DON'T know -- but I know this: Pass Tort reform and our health care costs will come back to earth......

The Attorneys don't want this -- and they'll tell you that they're fighting for your rights (and perhaps they are...) but they're becoming very wealthy doing so. (this is not a slam against all attorneys -- esp. those of you who are my friends!!!) But it IS a slam at what I'll call "ambulance chasers"......

OK -- bet a few of you are sorry you asked.

AGAIN -- the opinions above are MY PERSONAL opinions - not those of the company I work for -- and my opinions and $2.50 will buy you a cup of coffee at one of those fancy-shmancy coffee shops..........

(......can someone please bring a fork lift over here and get the soap box out from under me??)

:flag1:

You sir are a great American! A great quality I see less and less of in people in this country these days (sorry, can't call them Americans as most of them don't believe in our rights).

[patriotpa]

Well said, fbodfather. Thank you.

My family ONLY buys GM.....and we will continue to do so.

[The_Blur]

Originally Posted by patriotpa

Well said, fbodfather. Thank you.

My family ONLY buys GM.....and we will continue to do so.

Every time I ring someone up with a GM card at the register of my college job, I compliment them and ask what they drive. I'll stay GM loyal for life.

[AZCamaroFan]

Fbodyfather sounds like a man after my own heart.
It has infuriated me how the media hounds GM, tells the public how bad they're doing, but always leaves out the part that it's health care costs that's killing them. They are still selling vehicles.

[diddiyo]

so, is this the time to buy GM stock?

[DGthe3]

Originally Posted by diddiyo

so, is this the time to buy GM stock?

I think so:

Originally Posted by DGthe3

Oh, and to put things back on topic . . . might I suggest getting some GM stock now, then sell it for some GM 'rolling stock' in a year or so.

[headpunter]

Originally Posted by DGthe3

I think so:

call me retarded bnut im calling my investment guy and moving everything i have into gm....its only like $1k that i cant touch untill i am 50 anyways who knows maybe it will be a brilliant move looking back

[CWI]

I may not be far behind you. it's 10% fo what it was a while back. If you buy now and it goes back to $46 in the next year it would pay for the Camaro. I'm liking the thought of that. Never know.

[kevin2323]

while we are on topic......can someone anser 2 questions for me...

if cerberus trades chrysler for 49% of gmc making it their company since they own the other 51% ...does this mean gm is still gm...like the stock wouldnt diminish....it will still exist and probably go up right?

what is a rolling stock?

[fierodeletre]

Rolling stock is referring to his new Camaro...