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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (287633)	5/18/2006 3:14:07 AM
From: tejek	Read Replies (4) \| Respond to of 1571803

"They aren't making them, so the car companies probably believe its not economical." It is more complicated than that. Embedded deep in Detroit's belief system is that the smaller the car, the cheaper it is. Since fuel efficient cars are smaller, they need to carry a smaller price tag and hence, less profit. So they have had a laser-like focus on things like SUVs and have never even tested to see if that assumption is correct. So they got blind-sided with the rise in gas prices. How many times has this happened now? Two-three times? And we are supposed to believe that corporate mgmt is superior to gov't? I don't think so. It amazes me that the shareholders pass on this stuff. Of course, the biggest coup was pulled off by Bill Ford of the Famous Ford Family. For a while, he's been promising to shareholders that he won't take a salary or a bonus until Ford turns around. He forgot to mention he got $13 million in stock options last year. The Ford Family........where all but the money gene are in a serious state of decline and too closely inbred. Its amazing that we don't have to make this stuff up.