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You have to watch this just to see the take on the idiotic GM commercial.
Found by John Ligums.
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This is all I get. Not that funny.
He’s always on top of things, that’s for sure. Of course he didn’t put in the little fact that most of that -90B will be cleared by the legions of bond and stock investors losing their shorts, which is why we will own 60%.
Oddly enough, I paid off my dad’s GM car (Aveo LT) when he retired and took it in December — it’s not really that bad of a car. The gas mileage is rock steady at 26-27 mpg(city+highway) with 6K miles I’ve driven (I took it at 50K miles.)
They actually HAVE good cars, they just don’t know how to SELL them properly.
Bah, that movie requires me to allow flash content, so no deal. However yes, i’m totally opposed to Genetically Manipulated food stuff too!
i watched it in rt.. and added all commercial products displayed to my do not buy list..
then i grabbed a copy for posterity..
hulu that
Too true to be good … again … as The Daily Show usually is.
Jim said: “My dad’s GM car (Aveo LT) is not really that bad of a car. The gas mileage is rock steady at 26-27 mpg(city+highway) with 6K miles I’ve driven (I took it at 50K miles.)”
Sounds like you are used to driving American cars and thus have very low expectations. My Honda has topped 200,000 mi and has absolutely nothing wrong with it – and I don’t expect it to. I always get over 40 mpg and once even got 51.
Stewart’s next episode:
Obama’s new hire – the 31 year old wunderkid Yale graduate Brian Deese with no car experience who was hired to be the special assistant to the president for economic policy and head the dismantling of the financially struggling auto giant General Motors. (ooops Government Motors)
Buy a GM car? Uhhh… no thanks.
“They actually HAVE good cars, they just don’t know how to SELL them properly.”
I’ve heard the quality had improved. The problem is reputation and image is a hard thing to get back once you’ve lost it. Japanese cars used to suck and somehow they figured out how to turn things around. Datsun had to change their name to Nissan to change people’s minds. =)
The trouble is, once you’ve bought a GM lemon and lived through the brake lights failing 6 months and the “fix” is to jimmy the connection so that they work for 6 months so that when the warranty runs out they don’t have to deal with it any more….the radio electronics suck, the winshield leaks after 5 years, The air conditioning stopped at 4 years… unfixable for under $800, the tranny whines loudly even in neutral when its warm outside, sometimes it stays revved to 2500 rpm after coming off the highway… annoying at lights…. sometimes does that when I start it up… have to reset the computer every time….
I will NEVER, NEVER, NEVER… EVER…. buy another GM. They don’t deserve to live.
Oh, forgot to mention… 114,000 kms (70,000 mi)…. 9 years old now, and rusted through the entire length of the doors on both sides, and there are large areas of paint on the hood where the rust is just itchen to get out. Rusting from within of course… substandard steel and/or preparation before painting.
Chevy Avalanche – greatest vehicle ever made.
Get ’em while you can. All we’re gonna get in the future is go-karts. You won’t be able to do anything for yourself ’cause your cart will barely hold you and gallon of milk at the same time.
So, when you drive to work, you drive your avalanche? When you go shopping, take the kids to hockey, drive over to a friend’s house, go out to dinner…. you take the 6L avalanche?
Gas will be $6/gallon in 2-3 years, and a lot of it will be taxes to pay off your national debt. No one will want your avalanche then. So do the calculations… $30,000 new – $8000 resale in 3 years. expense: $22,000. Drive 36,000 mi @ 13 mi/gal @$4.50 average over 3 years: expense: $17,300. No warranty, so expect $3000 in maintenance, repairs, oil etc. TOTAL: $42,300 or 1.17/mi.
Hmmm, out of milk? Go to the store (1.5 miles?) $3.54 for your car and $3 for your gallon of milk. Yeah, that makes sense.
Good video. We the people have elected a bunch of people that are making very bad choices.
Are we the people smart enough to know how to fix that?
It’s called and election.
We voted them in and if we have any brains we will vote them out.
Hmmm, it sounds to me like the bondholders just want to suck as much as they can out of the US taxpayers before GM goes bankrupt properly.
Instead of chapter 11 protection and handing over $30 billion to their banker friends, the government could have:
a. forced GM to declare bankruptcy.
b. the GM pension funds, as preferential stockholders, would be entitled to the assets of the company and the bondholders would get nothing.
c. rather than liquidate the assets, someone could then buy the whole company for a dollar, as long as they were willing to underwrite the pension funds future commitments and operate the company in the best interests of the American people.
Yes, the car designs need improving and changing – I hope the company gives as much support as it can to their engineers for whatever product refresh they have got planned. This is a parallel issue and very important medium to long term. What is more pressing is Americans need wake up to the fact that they are being fleeced.
#15 – You don’t resell in 3 years. I’m on 6 years with many left.
Your math misses something. Factor in a real vehicle to live life and also a go-kart to do errands. That pushes the crossover point out a long way. Also, without gov’t interference, that natural cost of fuel is about where it is now. I agree it will go up again, but it doesn’t have to.
GM has sold off Hummer to a Chinese firm. I wonder if when we need more military vehicles to get around, will they still sell us a few. Like when one of China’s best friend’s “North Korea” decides they don’t like us much anymore and we should leave their peninsula. Will we have to walk out or will they sell us some wheels to ride away in style. To think, just a few short years ago, we made and owned everything, then we started importing those cheap transistor radios.