[CAwireman]

I think people overconsumed because they could. Loose lending, big business that was happy to let and encourage people to get in over their heads – look at how the whole credit card industry works, or doesn’t.

Overall, people should be able to exercise control. But, we don’t educate our citizens to show restraint. I think overconsumption is deeply engrained in our culture.

My parents were “Depression era” folks and that rubbed off on their kids. Maybe you have to experience it directly or vicariously through your mentors to get it.

Just too bad that we can’t have any confidence in our elected officials or business leaders.

But maybe we can teach our kids these values. Or, maybe they will learn directy for themselves.

[CAwireman]

I think people overconsumed because they could. Loose lending, big business that was happy to let and encourage people to get in over their heads – look at how the whole credit card industry works, or doesn’t.

Overall, people should be able to exercise control. But, we don’t educate our citizens to show restraint. I think overconsumption is deeply engrained in our culture.

My parents were “Depression era” folks and that rubbed off on their kids. Maybe you have to experience it directly or vicariously through your mentors to get it.

Just too bad that we can’t have any confidence in our elected officials or business leaders.

But maybe we can teach our kids these values. Or, maybe they will learn directy for themselves.

[CAwireman]

I think people overconsumed because they could. Loose lending, big business that was happy to let and encourage people to get in over their heads – look at how the whole credit card industry works, or doesn’t.

Overall, people should be able to exercise control. But, we don’t educate our citizens to show restraint. I think overconsumption is deeply engrained in our culture.

My parents were “Depression era” folks and that rubbed off on their kids. Maybe you have to experience it directly or vicariously through your mentors to get it.

Just too bad that we can’t have any confidence in our elected officials or business leaders.

But maybe we can teach our kids these values. Or, maybe they will learn directy for themselves.

[CAwireman]

I think people overconsumed because they could. Loose lending, big business that was happy to let and encourage people to get in over their heads – look at how the whole credit card industry works, or doesn’t.

Overall, people should be able to exercise control. But, we don’t educate our citizens to show restraint. I think overconsumption is deeply engrained in our culture.

My parents were “Depression era” folks and that rubbed off on their kids. Maybe you have to experience it directly or vicariously through your mentors to get it.

Just too bad that we can’t have any confidence in our elected officials or business leaders.

But maybe we can teach our kids these values. Or, maybe they will learn directy for themselves.

[CAwireman]

The tax code supported auto leasing for business for some time. Basically, lease a vehicle for 3 years and deduct the costs. That spread to private ownership and soon we began to think that owning a vehicle was beneath us – we’d just drop off the vehicle to leasing agent, and pick out another.

This kind of behavior led to stoking up vehicle production to unsustainable levels.

I kept a GM vehicle for about 15 years after buying it used. Same for another GM vehicle I’ve have for almost 10 years.

In countries like Cuba, they still drive US vehicles that are 25 to 30 years old.

What’s wrong with the US picture? Autos have become too disposable.

[CAwireman]

The tax code supported auto leasing for business for some time. Basically, lease a vehicle for 3 years and deduct the costs. That spread to private ownership and soon we began to think that owning a vehicle was beneath us – we’d just drop off the vehicle to leasing agent, and pick out another.

This kind of behavior led to stoking up vehicle production to unsustainable levels.

I kept a GM vehicle for about 15 years after buying it used. Same for another GM vehicle I’ve have for almost 10 years.

In countries like Cuba, they still drive US vehicles that are 25 to 30 years old.

What’s wrong with the US picture? Autos have become too disposable.

[CAwireman]

The tax code supported auto leasing for business for some time. Basically, lease a vehicle for 3 years and deduct the costs. That spread to private ownership and soon we began to think that owning a vehicle was beneath us – we’d just drop off the vehicle to leasing agent, and pick out another.

This kind of behavior led to stoking up vehicle production to unsustainable levels.

I kept a GM vehicle for about 15 years after buying it used. Same for another GM vehicle I’ve have for almost 10 years.

In countries like Cuba, they still drive US vehicles that are 25 to 30 years old.

What’s wrong with the US picture? Autos have become too disposable.

[CAwireman]

The tax code supported auto leasing for business for some time. Basically, lease a vehicle for 3 years and deduct the costs. That spread to private ownership and soon we began to think that owning a vehicle was beneath us – we’d just drop off the vehicle to leasing agent, and pick out another.

This kind of behavior led to stoking up vehicle production to unsustainable levels.

I kept a GM vehicle for about 15 years after buying it used. Same for another GM vehicle I’ve have for almost 10 years.

In countries like Cuba, they still drive US vehicles that are 25 to 30 years old.

What’s wrong with the US picture? Autos have become too disposable.

[CAwireman]

The tax code supported auto leasing for business for some time. Basically, lease a vehicle for 3 years and deduct the costs. That spread to private ownership and soon we began to think that owning a vehicle was beneath us – we’d just drop off the vehicle to leasing agent, and pick out another.

This kind of behavior led to stoking up vehicle production to unsustainable levels.

I kept a GM vehicle for about 15 years after buying it used. Same for another GM vehicle I’ve have for almost 10 years.

In countries like Cuba, they still drive US vehicles that are 25 to 30 years old.

What’s wrong with the US picture? Autos have become too disposable.

[CAwireman]

Might boil down to the question – how many global automakers can the planet’s economy support?

The rule of 3 was touted back in the GM, Ford, and Chrysler days. With globalization, does that imply that we’ll end up with a small number of automakers for the world?

The party is over for US automakes unfortunately. When GM’s cash runs out, it had better hope that it has regained its footing and that the economy has turned around.

But, automaker’s dependence on a consumption-based economy (US) will be misplaced. They will likely depend upon growing economies like China and maybe India.

Who aside from Americans want to buy US cars and trucks? If we aren’t buying, Honda, Toyota, Nissan, etc will capture sales.

[CAwireman]

Might boil down to the question – how many global automakers can the planet’s economy support?

The rule of 3 was touted back in the GM, Ford, and Chrysler days. With globalization, does that imply that we’ll end up with a small number of automakers for the world?

The party is over for US automakes unfortunately. When GM’s cash runs out, it had better hope that it has regained its footing and that the economy has turned around.

But, automaker’s dependence on a consumption-based economy (US) will be misplaced. They will likely depend upon growing economies like China and maybe India.

Who aside from Americans want to buy US cars and trucks? If we aren’t buying, Honda, Toyota, Nissan, etc will capture sales.

[CAwireman]

Might boil down to the question – how many global automakers can the planet’s economy support?

The rule of 3 was touted back in the GM, Ford, and Chrysler days. With globalization, does that imply that we’ll end up with a small number of automakers for the world?

The party is over for US automakes unfortunately. When GM’s cash runs out, it had better hope that it has regained its footing and that the economy has turned around.

But, automaker’s dependence on a consumption-based economy (US) will be misplaced. They will likely depend upon growing economies like China and maybe India.

Who aside from Americans want to buy US cars and trucks? If we aren’t buying, Honda, Toyota, Nissan, etc will capture sales.

[CAwireman]

Might boil down to the question – how many global automakers can the planet’s economy support?

The rule of 3 was touted back in the GM, Ford, and Chrysler days. With globalization, does that imply that we’ll end up with a small number of automakers for the world?

The party is over for US automakes unfortunately. When GM’s cash runs out, it had better hope that it has regained its footing and that the economy has turned around.

But, automaker’s dependence on a consumption-based economy (US) will be misplaced. They will likely depend upon growing economies like China and maybe India.

Who aside from Americans want to buy US cars and trucks? If we aren’t buying, Honda, Toyota, Nissan, etc will capture sales.

[CAwireman]

Might boil down to the question – how many global automakers can the planet’s economy support?

The rule of 3 was touted back in the GM, Ford, and Chrysler days. With globalization, does that imply that we’ll end up with a small number of automakers for the world?

The party is over for US automakes unfortunately. When GM’s cash runs out, it had better hope that it has regained its footing and that the economy has turned around.

But, automaker’s dependence on a consumption-based economy (US) will be misplaced. They will likely depend upon growing economies like China and maybe India.

Who aside from Americans want to buy US cars and trucks? If we aren’t buying, Honda, Toyota, Nissan, etc will capture sales.

[CAwireman]

For starters, publish the names and faces of the senior managers who chose this activity.

If we can’t go after them in court, then just publicize who did what….

[Author]

Posts