Tag Archives

Archive of posts published in the tag: GM

The Real Purpose of a Bailout

Pouring money into a problem without fixing the underlying problem accomplishes the political task of surviving an election cycle.  The people who voted for this nonsense are long gone and no longer held to account.

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Free Markets and Big Business

Ezra Klein writes in The Washington Post, Derek Khanna wants you to be able to unlock your cellphone, 3/9/13 Excerpt: There’s a difference between being the party of free markets and the party of existing businesses. Excessively tough copyright law…

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Observations 2011 06 12- the downside of altruism

The CEO of General Motors wants to tax gasoline an additional $1.00 a gallon.  Let’s think about that. The higher the price of gasoline the less one drives a car, and the less one drives a car then the less…

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Does Stimulus Work?

The government has spent trillions to stimulate the economy. Interest rates are at a record low. Yet American businesses are sitting on top of trillions of dollars of cash, reluctant to spend any of it to grow or hire.  Does…

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Karma, Demons, Small Stupid Steps and Facebook

Random thoughts GM’s effort to target Toyota’s  customers  in the midst of their record recall notice seems in poor taste, especially in light of the record amount of taxpayer money that is now supporting GM.  This is like the arrogant…

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Bailout Backlash

It was easy to predict that the Cash for Clunkers would only drive up sales very temporarily as the expense of future sales.  Recent results have verified the sharp dropoff in auto sales when the program ended. It was also…

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Hindering GM

“[GM’s] pride, [the celebrated] Chevy Malibu, was outsold in June not only by the Japanese competitors and the Ford Fusion but even by the Korean Hyundai Sonata. . . . GM has some fine vehicles, but it is working uphill…

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