Friday, February 27, 2009

It's Party Time




Thursday, February 26, 2009

Tuesday, February 24, 2009

Sunday, February 22, 2009

Tuesday, February 10, 2009

Car Sales and the Future of Detroit

So, nobody is buying new cars these days. Well, about 40 percent fewer consumers are buying new cars and trucks to be more precise. There are burgeoning lots filled to the brim with excess inventories scattered across the country, and not just with domestic models. All of the world’s automobile manufactures are feeling the pinch as consumers in both the east and west tighten purse-strings and turn down the thermostat.

For those who were born before 1970 (or thereabouts), this pull back in car buying is not new news. It has happened before and it will undoubtedly recur in periodic fashion in the future. Of course now it is all hype, depression and talk of an irreversible economic collapse. I think this is silly on several fronts. First off, look around with eyes open and ask yourself if you see a depression? Are there homeless people pounding on your door crying for potatoes? No, of course not. Secondly, how many people do you know that unwilling out of a job right now? Come on, bring it on! Next, being pragmatic, economies always recover. Look at Germany post WWI. If that economy came back after being decimated, they any positive and forward looking society can make a come from behind win and prevail.

Back to automobiles. Now, if people are not buying new, then that would indicate an aging fleet of cars in the US and around the globe. The population is still on the increase here and elsewhere, so that should indicate increasing demand over time. As the fleet ages, quality used cars will have to fill the void and as this demand increases it would naturally follow that prices would increase as well. Once a point is reached where the used inventory prices compete with new models, the new models will start to fly off the lots and into drivers’ hands. Where that point is exactly, I do not know – I’m just talking trends here. I would opine to say that that point is not that far off. Maybe it is this year, or as distant as spring 2010. Either way it is not far off in the future. Believe in Gadabout. Believe in the truth.

Saturday, February 7, 2009

Thursday, February 5, 2009

Tuesday, February 3, 2009

From the SPAM Filters

What a difference!!

Jan. 21, 2009


1. Outgoing President George W. Bush quietly boards his helicopter and
leaves for Texas, commenting only: "Today is not about me. Today is a
historical day for our nation and people."

Eight years ago yesterday:

1. Outgoing President Bill Clinton schedules two separate radio addresses
to the nation, and organizes a public farewell speech/ rally in downtown
Washington D.C. scheduled to directly conflict with incoming President
Bush's inauguration ceremony.


2. President Bush leaves office without issuing a single Presidential
pardon, only granting a commutation of sentence to two former border patrol
agents convicted of shooting a convicted drug smuggler. He does not grant
any type of clemency to Scooter Libby or any other former political aide,
ally, or business partner.

Eight years ago yesterday:

2. President Clinton issues 140 pardons and several commutations of sentence
on his final day in office. Included in these are: billionaire financier,
convicted tax evader, and leading Democratic campaign contributor Marc Rich; Whitwater scandal figure Susan McDougal; Congressional Post Office Scandal figure and former Democratic Congressman Dan Rostenkowski; convicted bank fraud, sexual assault and child porn perpetrator and former Democratic Congressman Melvin Reynolds; and convicted drug felon Roger Clinton, the President's half-brother.


3. The Bush daughters leave gift baskets in the White House bedrooms for the Obama daughters, containing flowers, candy, stuffed animals, DVD's and CD's, and heartfelt notes of encouragement and advice for the young girls on how to prepare for their new lives in the White House.

Eight years ago Yesterday:

3. Clinton and Gore staffers rip computer wires and electrical outlets from the White House walls, stuff piles of notebook papers into the White House toilets, systematically remove the letter "W" from every computer key-pad in the entire White House, and damage several thousand dollars worth of furniture in the White House master bedroom.

Headlines On This Date 4 Years Ago:

"Republicans spending $42 million on inauguration while troops Die in
unarmored Humvees"

"Bush extravagance exceeds any reason during tough economic times"

"Fat cats get their $42 million inauguration party, Ordinary Americans get
the shaft"

Headlines Today:

"Historic Obama Inauguration will cost only $170 million"

"Obama Spends $170 million on inauguration; America Needs A Big Party"

"Everyman Obama shows America how to celebrate"

"Citibank executives contribute $8 million to Obama Inauguration"