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Technology Stocks : The Electric Car, or MPG "what me worry?" -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (566)	12/1/2008 10:17:29 PM
From: John Koligman	Read Replies (2) \| Respond to of 17519

MM, if Tesla had gone public a year or two ago the only return on anybody's money would have been via shorting the stock. In any case, they better hurry because I'd bet Arnold has his eye on that cash! <ggg> Regards, John Read Replies (2) of 168174 Schwarzenegger declares fiscal emergency in Calif. >>>I think that there is plenty of room under the TARP for California. Besides. What would rather have??? California for $12 billion or Detroit for $25 billion. There is no comparison. Of course if we buy California, we probably wouldn't be afforded the opportunity to remake it the way we could with Detroit. I vote for Detroit. All kidding aside, I will go with Meredith Whitney - no sign at all that things are getting any better. Sold lots of vertical call spreads today. AMZN and UPS.<<< Dec 1 05:07 PM US/Eastern By JULIET WILLIAMS Associated Press Writer SACRAMENTO, Calif. (AP) - Gov. Arnold Schwarzenegger declared a fiscal emergency Monday and called lawmakers into a special session to address California's $11.2 billion deficit. The state's revenue gap is expected to hit $28 billion over the next 19 months without bold action. The emergency declaration authorizes the governor and lawmakers to change the existing budget within the next 45 days. Without quick action, the state is likely to run out of cash in February. Schwarzenegger and Democrats have proposed a combination of tax hikes and spending cuts, but Republican lawmakers are steadfast in their refusal to raise taxes. Lawmakers failed to reach a compromise during the special session Schwarzenegger declared last month, pushing the problem to a new Legislature that was being sworn in Monday. The crisis worsens each week, so the Republican governor did not want to waste any time in declaring a special session, said his spokesman, Aaron McLear. "It's important that we start on Day One so the new Legislature can start immediately to solve our fiscal crisis," he said. There appeared to be little reason to believe that Republican lawmakers would budge on their opposition to tax increase. "If anything, I think our resolve (against raising taxes) is deeper than it has ever been because of the economic realities," Senate Minority Leader Dave Cogdill said Monday. Democrats don't have the two-thirds majority in either the Assembly or Senate that is required to pass tax increases or a state budget.

To: RetiredNow who wrote (566)	12/2/2008 10:01:43 AM
From: Eric	Read Replies (1) \| Respond to of 17519

Well it's pretty obvious that Tesla is much more efficient in getting an electric car started than GM. The big ivory towers and massive inefficiency are now bringing GM to their knees. The one thing that has impressed me about Elon is how well Space X is doing. The electric car is a much simpler task.

To: RetiredNow who wrote (566)	12/2/2008 4:16:00 PM
From: Fishfinder	Read Replies (1) \| Respond to of 17519

You would Not believe the commercials Gm decided to pound on TV up here in Canada lately. the adds are all about their new HUGE new Catillacs (sp) and the HUGE horsepower they can deliver. As in when you need to make a fast getaway. Of all the idiotic things they might do, this says it all. These guys truely have their head in the sand and the money they get is going to go nowhere. THe 21st century car should be all about cheap electric commuter cars that go about 35-45mph tops. Also if they could be narrow enough; about 4'6" tops you can take <<two lanes plus parking>> of road and turn it into three lanes plus parking for electric cars only. The bigger vehicles or even standard size vehicles that need to get to the inner city can simply use two lanes, but they will have no street parking as it will now be too narrow for anything except the electric commuter. Yeah Yeah it sounds silly, but the truth is this would work. scott

To: RetiredNow who wrote (566)	12/2/2008 5:44:10 PM
From: Fishfinder	Respond to of 17519

You would Not believe the commercials Gm decided to pound on TV up here in Canada lately. the adds are all about their new HUGE new Cadillacs (sp) and the HUGE horsepower they can deliver. As in when you need to make a fast getaway. Of all the idiotic things they might do, this says it all. These guys truly have their head in the sand and the money they get is going to go nowhere. THe 21st century car should be all about cheap electric commuter cars that go about 35-45mph tops. Also if they could be narrow enough; about 4'6" tops you can take <<two lanes plus parking>> of road and turn it into three lanes plus parking for electric cars only. The bigger vehicles or even standard size vehicles that need to get to the inner city can simply use two lanes, but they will have no street parking as it will now be too narrow for anything except the electric commuter. Yeah Yeah it sounds silly, but the truth is this would work. scott