Rant of the Week: 10/11/09-10/17/09

Posted on October 11, 2009 by The Editor

This week’s rant of the week is “Mark LaNeve is Insane.”

Links For Today

Posted on October 8, 2009 by The Editor

Its working out so well for them, let us do it here.

Conspiracy theories abound. Most likely the story is false. In fact, the dollar fall probably would have happened without the story. But the fact that the story is getting so much press time shows how ready to panic people are. Just think about how they are going to panic when they have more then just a rumor to go on.

“The fourth quarter looks brighter”

Posted on October 1, 2009 by chicken man

http://www.businessweek.com/ap/financialnews/D9B2GCRO0.htm

Car sales died in September. Everyone was supposed to expect this because the other name for “Cash for clunkers” is “Buy Tomorrow’s Car Today.”

Put these pieces together:

“It was a more difficult month than we anticipated,” Mark LaNeve, GM’s vice president of U.S. sales, told reporters during a conference call.
[…]
GM’s sales plunged 45 percent to 155,679 vehicles in September, compared with a year earlier. Chrysler sold only 62,197 vehicles last month, down 42 percent.

[…]

“As expected, the market returned to pre-Cash for Clunkers levels in September,” said GM’s LaNeve. “Fortunately the fourth quarter looks brighter.”

Yesterday was worse than we expected, but we expect tomorrow to be better. It’s the song of the recession.

Posts from the Ethereal Land

Posted on September 29, 2009 by The Editor

Due to upgrade in the software, post from around the Ethereal Land are not being automatically pulled like they use to be. Here is a couple of the more noteworthy ones that have been missed.

Gifted (Chicken Man)

The Empty Couch (The Silverware Thief)

Assumptions make a fool out of you (Ape Man)

Of course, many others are not being pulled. Maybe we will get that fixed one day.