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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (93872)	4/27/2008 11:37:10 PM
From: TH	Read Replies (2) \| Respond to of 110194

patron, Was it GM? I don't know that for certain, but they sure helped. I think it was oil, plain and simple. I don't want to bore people with the same stories, but I have posted before about my intense involvement with Ford in 1994 on their electric car. The short story is that my company (absolutely the technology leader on the planet for our core product) accepted Ford's challenge/offer to produce this core part at a very low weight and still fully comply with Federal safety standards (FMVSS requirements). I had to go to our CEO and beg for funding and after a battle I got it. 6 months into the project it was killed by Ford upper management because gas is cheap, it will always be cheap, and Americans don't care about mileage. They want big. About as stupid a decision as Bug Eye Bill Jr's proclamation that growing grass on the roof of the Rouge Plant is green. HEY BILL, YOU ARE THE NUMBER TWO MAKER OF A PRODUCT THAT USES AN INTERNAL COMBUSTION ENGINE, so aim a little higher ya silly drunk. GT TH