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    • Fri Aug 22nd 13:37 PM
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      Commented on:
      The Economic Cost of the Military Industrial Complex
      Point is, for all that spending, it is more luck and happenstance than anything else that we have not witnessed another terrorist attack in the US. Throughout the Cold War, and even now, the Russians were careful enough to calibrate their actions precisely to keep below the threshold that would have led to massive retaliation, so all the tools/toys at our disposal were quite pointless.

      How exactly did the investment in our nuclear submarine and carrier fleet prevent any of the attacks culminating in 9/11? And yet we are still building more of them, for instance the "George H.W. Bush". Funny, huh? A strong defense is vital, and the technology geek in me marvels at some of this stuff as much anybody, but even now, a single kayak paddling over from Canada could pack enough biological agent to wipe out Detroit. We're lucky any would-be terrorists aren't that bright after all.
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    • Fri Aug 22nd 10:11 AM
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      Sick and Tired of Financials, Carmakers Blaming Everyone but Themselves
      It is widely known that the Great Pumpkin is to blame. Its appearance coincides with the new model year which is about to fall flat on its nose, again.
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    • Thu Aug 14th 10:49 AM
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      Chrysler's Rebadging Plan: Strategic Blunder for Nissan?
      It may be more than simple Prizm/Corolla-style rebadging, at least one would hope. Using the Altima/Maxima "platform" with a Chrysler interior/exterior design might still flop, given their utter loss of styling direction, but if done right, could save the company. There's no reason to be ashamed about utilizing good engineering. For instance, VW is so good at this game that its Czech subsidiary Skoda builds a Jetta-sized vehicle (the Octavia) that is better, and lots cheaper, than the Jetta, but with mostly the same mechanicals. That strategy effectively saved Skoda, and allowed VW to spread the cost of its engineering over more units.

      One more point - after the Talon/Laser came the moderately popular Sebring/Avenger, again built off the Mitsu Eclipse platform. Did anyone know, or care? I didn't think so, either.
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    • Wed Jul 30th 09:48 AM
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      Impact of GM Destroying the EV1
      Re: Fuel cells, about 8 years ago Chevron teamed up with GM to work on a hydrogen infrastructure that used petroleum (of course) as feedstock to produce hydrogen and sell it through Chevron's distribution network. Basically the dark side trying to protect itself from obsolescence. To their credit, GM eventually must have concluded that Chevron rope-a-doped them into this lunacy, and deep-sixed the plan.
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    • Tue Jul 29th 09:46 AM
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      Commented on:
      Chrysler Official Graduates from the 'Baghdad Bob School of Corporate Communications'
      Fabulous. Whereas I just had a gut feeling that Press was blowing smoke, the article really picks apart the moving parts. The Chrysler strategy appears to have a lot to do with paint and a corner.
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    • Thu Jul 17th 12:55 PM
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      GM Slashes Benefits: One Bad Decision After Another
      Many posters here seem to believe that GM still matters to the US. It doesn't, and get over it. Even our President said that GM needs to sell relevant product if it wants to remain in business. Pretty simple insight, huh?

      Last time I checked, GM's market cap equalled that of Bed, Bath & Beyond, which basically sells frilly junk from China. For all you GM faithful, that should be cause for concern.
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    • Thu Jul 17th 09:17 AM
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      Commented on:
      GM Slashes Benefits: One Bad Decision After Another
      Pretty soon GM and Ford will be too insignificant to bother tracking their CEOs' latest lunacies. Their operations manual seems to consist of 1. Point gun to foot. 2. Shoot. 3. Repeat.

      Anyway, how does GM's valuation compare with the net book value of its assets? Are we there yet?
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    • Thu Jul 3rd 09:44 AM
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      Challenge for Ford and GM: To Stay in Business
      If GM and Ford seriously sat down and met the fuel rule, they might finally be ahead of the curve instead of way behind. By dragging their feet, and trying to lower the bar, all they are doing is fooling themselves. Consumers will choose better, not worse fuel efficiency, as the market can attest to. GM and Ford are sadly mistaken if they think they have a choice in this. In that case, the sooner they go, the better.
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    • Thu May 22nd 17:24 PM
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      Commented on:
      Death of the SUV
      Choice is good. You can choose to spend all the money you want on gas. After all, you have to do something with all that cash from the tax cuts, rebates, etc. But don't come crying like a 4-year-old because you suddenly realize you made a really stupid choice. Suck it up. Do you really think a gas tax holiday will help? Sounds more like a holiday from common sense to me.
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