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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (191149)	7/6/2006 11:26:29 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 281500

Why did GM agressively abandon its electric cars? A good question. Come mid Sept or Oct of this year, it will be 50 years since I saw my first electric, nay, solar powered, car. Jr.Scholastic Mag and GM put on an assembly at school, promo for their car designing contest. GM guy sez "This is the way cars will run in the future." Puts a model car on the table, flips on a sun light, and viola, car runs to edge of table. Half a century ago. "Why did it sell huge SUVs? Because people want them" And we want them because they tell us we want them. Which is why GM is going belly up.

To: Hawkmoon who wrote (191149)	7/7/2006 1:43:30 AM
From: geode00	Read Replies (1) \| Respond to of 281500

People who had the GM electric cars liked them very much and tried to find ways to not give them back. I think the range is 250 miles which isn't bad for a commuter car. The hybrid was apparently a reaction to GM's electric cars...to compete against them. Now GM's back playing catch up again and blaming it on healthcare costs instead of on having the wrong mix of cars. I don't see GM as caring much about the consumer, I still wouldn't buy a GM car because of the memory of how it thumbed its nose at consumers way back when. GM sold SUVs because they were highly profitable. It's the grasshopper singing in the sun and not caring about darker days ahead. Once again, I repeat, there is no such thing as a free market in real life. As for OPEC, as is typical with cartels, the manipulation of prices makes it much more attractive for rogue members to produce (higher prices with a cartel after all) more before they get caught. Oil is not an unlimited resource. You cannot keep producing like crazy because you cannot make more of it. Think about it a little. Oil is not widgets. Global tensions are created much more by DUBYETTE than by any rag tag bunch of gun toting bombers. Fascists = 100 Jihadists = 1 Fascists use Jihadists as a handy excuse to freak out people like you. OPEC, which you should appreciate since you think 'free' markets are everything, are free to dole out oil in any way they please in order to get the most money out of their limited resource...that would be capitalism. Think about that. You just don't like that particular shade of capitalism.