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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TH who wrote (99212)	10/25/2008 2:27:56 PM
From: Broken_Clock	Read Replies (2) of 110194

Did you happen to catch the recent Frontline? Called"Heat" i think. talked about global warming but was mostly about how the US(and world) economies are stuck on coal, gas guzzlers, etc. very good, ino. They were interviewing a lady VP from GM(I think). One topic was why they are staring from scratch with the Volt when they had an electric car that worked a decade ago and was scrapped. She literally could not answer the question. They pointed out that GM is getting a $1bil gift from the US gov't to develop an electric car. They tried to film a test drive of the Volt. It couldn't go up a 5 degree hill then just died. The GM rep told them to speed up the film so it would look like it made normal speed. I don't think it would be wise to have my son go into the US automotive industry as a career.

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