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Auto sales continue to spiral down


Auto sales dismal in January.

Wake up and smell the recession. That's why progressives all over America are screaming for tax cuts and entitlement reform, and appointing super-conservatives to the Secretary of Commerce position. Right? Oh yes, and a law that exempts lobbyists from paying taxes. Obama really needs that one passed in a hurry.

The headline numbers for the major manufacturers were almost uniformly dismal:

Chrysler -64% GM -51% Ford -39% Toyota -32%

The internals of these numbers show that the fleet sales are part of the crusher, GM's fleet sales are down 80% year on year. Ford says fleet sales were down 65%.


Stirling Newberry February 3, 2009 - 10:55pm
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( categories: Miscellany )

This is ridiculous!

Senate Votes to Give a Tax Break to New Car Buyers.

http://abcnews.go.com/Politics/wireStory?id=6791850

creativelcro February 3, 2009 - 11:45pm
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it's what you get...

when otherwise smart people absolutely *REFUSE* to understand a problem.

..and I mean, they don't get it normally, don't want to get it, and won't listen to people who do.

I don't what the industry to fail--too many good people get sucked down the drain with the bad. IT won't stop me, though, from wanting those executive asshats to get the pain their stupidity visits upon their employees.

Sieze their assets--seize the cars, homes, yachts, planes...leave them with 1 car for themselves and their family, $150,000 in a bank account, and a wet kiss on teh cheek for what those assets liquidate into (help for those they screwed)....

-5.75,-4.05
"God gives men a brain and a penis, and only enough blood to run one at a time." -- Robin Williams

justadood February 4, 2009 - 12:15am
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Tax Cuts and Defense

The only spending our dear Reaganite rulers believe in.

Next economic crisis. This one will get a populist patina, but people aren't angry enough yet. They will settle for a few sacrificial lambs.

Stirling Newberry February 4, 2009 - 8:42am
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The time machine is broken

The American public wants Obama to set the time machine to the year 2000 and return the nation to unsustainable profligacy. But the money has been spent; the oil reserves have been depleted; and the rubes have been fleeced.

Economic recovery can now only happen the hard way: through the slow, painful elimination of institutional stupidity in our society. Indeed, the "stupidity reserve" is our last untapped resource for generating wealth. For example, getting smart about using the same electronic formats for all health records and implementing large-scale telecommuting will help restore our wealth, but the wailing of the formerly stupid will resound throughout the land.

HH February 5, 2009 - 10:12am
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Of course one big problem is

that the Arch-Morons-In-Chief just spent eight straight years demonstrating how little the government can be trusted with comprehensive databases.

Sometimes it takes a while for the real damage created by abuse of the public trust to become visible.

"The best-informed man is not necessarily the wisest. Indeed there is a danger that precisely in the multiplicity of his knowledge he will lose sight of what is essential."

- Dietrich Bonhoeffer

Escher Sketch February 5, 2009 - 1:55pm
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