GM bankruptcy!

[Nickdago]

Originally Posted by stovt001

Why why why why why is the only solution to mobility setting old decomposed dinos on fire? Why do we hate the new so much? Why are we so afraid to innovate? If we had half the pioneering spirit the American people had in the late 19th/early 20th centuries we'd be driving around in vehicles propelled by the smiles of puppies and the blood of cats by now. I'd rather go through a few years of hardship now in return for a future with transportation that makes modern gasoline and diesel powered cars look as antiquated as mule-powered canal barges.

You are so far off base with this comment. America is all about innovation, America is where it all begins, we are the country everyone else is trying to keep up with. It is not that we the people of the USA are afraid of anything new, as a matter of fact I love all the new Tech coming out, I am hoping for Cold Fusion to save the day. Reality is however that none of this new so called green tech is anywhere near ready to help us right now or anytime in the near furture, most of this new tech is 1, 2, 3 and even 4 or more decades away from being economically viable. I am all for it but lets not throw the baby out with the bath water, let us drill drill and drill right now and then build for the future as the technology comes around. In other words lets pull our heads out of the sand and be realistic. And if we are going to throw anything out with the bath water, how about those pinheads in congress.

[Nickdago]

Originally Posted by DGthe3

Which is one of the things that will soon raise the stock of GM. The new Chevy ad campaign is all about going from gas friendly to gas free. I don't think any other automaker has put as much into alternatives to gasoline as GM has. That will pay off someday.

I agree. GM is without a doubt positioned themselves for the future with
R & D and design spread out all across the world. We Americans need to stop bashing our own and get back to the pride and values that make this such a great place to live.

[Nickdago]

Originally Posted by MAC

Yeah. It's not enough that fossil fuel / oil digging has destroyed other countries due to greed (Iraq for example), lets start digging up the good ol U.S. of A. so people can continue to use the Hummer because it's so convenient, it fits all of their family..heaven forbid we use a VAN which is exactly what it was designed for; even though most vans get better gas mileage.
sure it might be good income from other places buying from us, but at what cost?...
as for India & China getting gas from us, whats wrong with that...along with Japan they're the ones who are actually getting anywhere. I honestly don't understand it..I was watching a PBS special about India's rising up, and they kept commenting along the lines of "the USA has no reason to be scared of India, we just want to have the same luxuries they do".
Why on earth...what on earth..would possess them to say such a thing?..what bloody reason does USA have, to be afraid/scared of India.
That being said, whats wrong with other countries being equal, or even better, than the united states? (as far as economy goes).
and yes I know I'll be bashed for saying this, but I don't care because it's my opinion, and as I said before: An opinion is like a butt hole; everybody has one.

:seesaw:

First off you Goofy Goober, oil did not destroy countries, dictators and communisim (socialism) is what destroys countries. And no one in America is afraid of India, we just have a certain part of the liberal media and politicans who like to tell Americans that if it were not for us shipping our jobs over to India everything would be hunky dory over here and that it is the big companies who are screwing us. As usual they spread lies for their own political gain, and of course there are always those who fall for the smoke and mirrors tactic. And no one is afraid of India becoming more like America, heck as they continue to grow they are going to continue to consume goods and services from us as well, helping our economy to grow.

[Dan]

GM going out of business is nonsense. Chrysler will go long before GM does. They are already tapping into a line of credit from Daimler just to stay alive.

[fastball]

Oil is, and I believe will forever be, the single most versitile commodity ever discovered. For those of you who think it will go away or want it to go away, it ain't happening. Not now, not 5 years from now, not in the 25th century. All these pipe dreams of cars running on puppie smiles and granola bars are just wasted time. We are wasting time not utilizing our own supply. We need to start using what we have that we haven't even tapped yet, and do whatever is necessary to keep the supply ample, affordable, and consistent.

If my point of view on this freaks you out, too bad. You don't have to own a car if you don't want to. But, as the last time I checked I still have the right to own whatever car I want, I want my Camaro with a V8. A V8 that I will drive 25,000/yr, and I don't think it's unreasonable to ask for cheap gas since there's enough to go around if we just use it.

I've already written to my state and federal representatives that I will no longer vote for anyone against drilling for oil and lots of it. Including every currently forbidden location that is still on USA soil.

This shouldn't be a liberal vs. conservative issue - this should be an issue for America, if you want prosperity and a continuation of our freedoms to enjoy this country the way Henry Ford envisioned, you should be in support of using our oil no matter what party you affiliate yourself with.

Oil makes the economy move forward, it keeps our production going, it keeps product moving from coast to coast, it affects everything we do. All this alternative engergy stuff is just increasing research costs. Cars like the Volt are a good idea as an experiment, but you gonna try to put that kind of logic into a semi truck to pull 10 tons 3,000 miles in a week? Efficienctly? With the ability to run a million miles before you have to do major work on the system? Just wasted time researching it. The diesel and internal combustion engines might be old in concept, but they're absolutely the best way to do it.

[The_Blur]

Originally Posted by fastball

All this alternative engergy stuff is just increasing research costs. Cars like the Volt are a good idea as an experiment, but you gonna try to put that kind of logic into a semi truck to pull 10 tons 3,000 miles in a week? Efficienctly? With the ability to run a million miles before you have to do major work on the system? Just wasted time researching it.

I'm sure if you went back to the 12th century with a semi trailer, they'd ask, "How do you expect my horses to pull that?"

Yankee ingenuity led us more to where we are than the versatility of oil. Oil is a great resource; don't get me wrong. I'd love to see some lab synthesize it so that we could use combustion engines forever, assuming that we do someday run out—apparently a big assumption in some people's perspective. I'd rather be innovative than predictably reliant on the system in place before me. Do I want a V8? Of course I do. Do I want a powerful electric car? That would be sick. I don't care what kind of power I have. If it drives fast and well, I want it in my garage. I'm a power enthusiast. You can call electrics anything you want, but if someone can innovate a powerful battery car that beats whatever is beside me on the track, I'm pretty happy.

The issue isn't oil. The issue is innovation. You can't tell me that investing in a new idea is a waste. That's how we all got computers to visit this site and how cars got built in the first place. I like new ideas that guide us in new directions.

And if someone can build a car that runs on puppy smiles, I want to try it out, not because I'm some hippie out to save the world with hemp and conservationism but because it's efficient and less costly to operate. Then I can spend my remaining resources on whatever else I want, including my muscle car.

[chevydude26]

Originally Posted by SilverTurtle

I think we all agree that doing away with oil futures would go a long way towards lowering the price of fuel... because speculation is just silly... its as close to gambling as you can get in the stock market... and really has no business being there.

you can't blame the speculators...they are just reacting to the current market...the fact that the supply is strained by our own government here in america...

if you get rid of the speculators the speculating will just move to other countries...it wouldn't change anything

and everybody speculates...when you go and buy products on sale and you buy more than usual...your speculating that the price is going to go up...

[DGthe3]

Originally Posted by fastball

Cars like the Volt are a good idea as an experiment, but you gonna try to put that kind of logic into a semi truck to pull 10 tons 3,000 miles in a week? Efficienctly? With the ability to run a million miles before you have to do major work on the system? Just wasted time researching it. The diesel and internal combustion engines might be old in concept, but they're absolutely the best way to do it.

I guess this would be a good time to bring up the fact that the volt is not the first hybrid of its type -ICE generator/electric drive. It is often used on massive trucks and other large pieces of machinery. From supply trucks for the US military to locomotives to haul trucks at mines and more. There are only 3 differances between how the tech is used between the volt to those. 1) diesel engines vs gasoline, nothing significant about that. 2) vehicle size. 3) battery capacity.

The point is, the concept is robust enough to use in those heavy duty applications. It should be even more reliable than a mechanical drive since there is no transmission or drive shaft to fail and the engine is rarely overworked.

[Captain Awesome]

Originally Posted by MAC

Yeah. It's not enough that fossil fuel / oil digging has destroyed other countries due to greed (Iraq for example), lets start digging up the good ol U.S. of A. so people can continue to use the Hummer because it's so convenient, it fits all of their family..heaven forbid we use a VAN which is exactly what it was designed for; even though most vans get better gas mileage.
sure it might be good income from other places buying from us, but at what cost?...
as for India & China getting gas from us, whats wrong with that...along with Japan they're the ones who are actually getting anywhere. I honestly don't understand it..I was watching a PBS special about India's rising up, and they kept commenting along the lines of "the USA has no reason to be scared of India, we just want to have the same luxuries they do".
Why on earth...what on earth..would possess them to say such a thing?..what bloody reason does USA have, to be afraid/scared of India.
That being said, whats wrong with other countries being equal, or even better, than the united states? (as far as economy goes).
and yes I know I'll be bashed for saying this, but I don't care because it's my opinion, and as I said before: An opinion is like a butt hole; everybody has one.

:seesaw:

Yet more of the same old tunnel vision that gets us into trouble in the first place.

SOME of us live in remote areas and DEPEND on SUV's and Trucks to get us to work or to get food, etc.

Please refrain from bashing something that someone else might need.

[The_Blur]

Originally Posted by Captain Awesome

Yet more of the same old tunnel vision that gets us into trouble in the first place.

SOME of us live in remote areas and DEPEND on SUV's and Trucks to get us to work or to get food, etc.

Please refrain from bashing something that someone else might need.

I want to point out that my post, while bashing people who don't need large trucks, SUVs, and vans, does not intend to bash everyone who has one. I only wanted to go after those who drive them in the suburbs, never fill the cargo area, and use only a third of the seats. Work trucks and survival trucks are totally different.

[TAG UR IT]

Originally Posted by bigralph

We all want our beloved Camaro to survive right. Will this the time to make a change by helping GM out. My idea is to get all the die hard Chevy fans together not only in this form, but world wide. We could send an e-mail to SL1tech, Corvette form, GTO, Cobalt, and others forms to help out GM. We all could spare $20 dollars to help GM out. I'm guessing with all the forms together we are at least 500,000+ strong. Take $10 X 500,000 that is $5 million dollars. That produces a quick really in the stock market and that will make other not die hard fans to investors in GM. We could all go to e-trade to buy stock. I think every transaction you do is $10. I don't work for e-trade or GM. I'm just another die hard fan like you. I WANT MY CAMARO NOW BEFORE IS TO LATE!!!

Hey...I'd do it.

[JaysonAych]

I seem to recall reading something from a couple of years ago that indicated that declaring bankruptcy might end up being a good thing for GM in the long run, though devastating in the short term. It would be difficult to pull in investors and harm their public image (people would be very reluctant to buy a car from a bankrupt company), but if GM did enter bankruptcy status, it would essentially absolve them of a lot of their legal obligations to franchise owners and unions. They would have far more freedom to restructure the company and their labor force. It'd be drastic, but could allow GM to come out the other end much leaner and meaner.

So while a bankruptcy would be a negative thing, it doesn't mean the end of the company by a long shot.

[swazworth]

then we could buy even more stock. because it would probably drop to like $4 a share.

[fastball]

Somthing else if GM declared bankruptcy: they could use that to shield them from honoring union contracts.