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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (50197)	7/2/2004 10:45:52 AM
From: stockman_scott	Read Replies (2) \| Respond to of 89467

Predicting Presidential Performance: Is George W. Bush An Active/Negative President Like Nixon, LBJ, Hoover and Wilson? writ.news.findlaw.com

To: Jim Willie CB who wrote (50197)	7/2/2004 11:47:54 AM
From: stockman_scott	Respond to of 89467

U.S. Monetary Re-Entry: Round One bcaresearch.com

To: Jim Willie CB who wrote (50197)	7/2/2004 3:32:49 PM
From: T L Comiskey	Read Replies (1) \| Respond to of 89467

Pressures on GM, Ford After U.S. Sales Declines Friday July 2, 2:02 pm ET By Michael Ellis DETROIT (Reuters) - Double-digit drops in U.S. auto sales at General Motors Corp. (NYSE:GM - News) and Ford Motor Co. (NYSE:F - News) in June pressures them to raise profit-eroding incentives to "ballistic" levels and could also spur costly production cuts, analysts said on Friday. The fall in sales by Detroit's two largest automakers pushed industrywide U.S. auto sales to a nearly six-year low and added to evidence that the economy may not have been as robust as thought in the second quarter, industry analysts said. "With (vehicle) inventory at critical levels, aggressive incentive spending will likely be necessary to maintain planned production schedules," Goldman Sachs analyst Gary Lapidus said in a research note. The automakers "would likely implement ballistic incentives before cutting 2004 production," he said.