Thread: OT GM bailout
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Old November 20th, 2008, 06:44 AM posted to rec.outdoors.fishing.fly
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Default OT GM bailout

In article
,
riverman wrote:

That's it. But to pump money into a dying business only makes sense if
the business is dying because of lack of capital. GM et al are dying
because people won't buy their cars, and that's mostly because their
cars burn too much gas, wear out too soon, cost too much, and aren't
competitive with imports. The old days of $1 gas, 442 cubic inch
engines and 1 to 60 in 3.2 seconds with double-blown dual racing carbs
on street rods are gone....the days of $5 gas, small efficient engines
and who can get the most out of a drop of gas are here. To stay.


I bought a gm/chrysler car just a half year ago. A jeep. Gets 28 mpg,
has 4 wheel drive, air, keyless unlock, cruise control, automatic,
power, 14,100 before taxes after I haggled them. Sure doesnt go 0-60 in
3 seconds, more like 6 seconds, but it has 4 wheel drive, decent gas
mileage (was 30 mpg under the old mpg) and all the major components are
warrantied for life.