US Auto Makers please take note

Posted by: The Derelict  :  Category: Cars, Politics, Rants

How come every other car company in the world seems to be able to re-tool for electric and hybrid vehicles except for the US ones? I didn’t even know they had an electric Mini Cooper in the works, but there it is, ready to sell right now in 2008. The Chevy Volt will be lucky to see the light of day in 2010, if it ever does at all. Talk about too little too late.

The way things are looking we may not have too many US automakers by then anyway, once our bailout for them fails to change anything. You can’t plug up a hole in a glass by pouring more water in it, so how can you fix companies that are hemorrhaging money by throwing more money at them?

Unless they change their ‘business as usual’ nothing will change…

Cool Mini Cooper though…



On days like today…

Posted by: The Derelict  :  Category: Finance

It seems like the sky was falling on Wall Street today, with Lehman Brothers hitting $0.15! Their market cap is like $23.50 now, the price of a large pizza and a 2-liter of Coke.. I joke, but in reality it is pretty appalling!

On days like today all you can do is try to laugh. Hopefully this great video helps! 

“I was a stock brokah in new yawk city, making meelions of dollahs a yea-ah. Now I have nothin’. I gave it awl up. Within six muntths I was dead broke…and let me tell you mai life has never been so free. It’s wonderful!”

There is some truth in that.