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Living with Oil Addiction...

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Old 05-24-06, 11:28 AM
  #1  
gwd
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Living with Oil Addiction...

An article on the BBC news site describes the actions of an Oil Addiction enabler:

https://news.bbc.co.uk/2/hi/business/5011794.stm

Some quotes from the article:

"Problem-hit carmaker General Motors has offered to subsidise petrol prices for drivers of its vehicles in California and Florida in order to boost sales. "

"GM plans to cap petrol prices at $1.99 (£1.05) a gallon for buyers of certain 2006 and 2007 SUV and mid-size cars. "

"The company explained that a consumer in California who bought a 2007 Chevrolet Tahoe and drove it 1,000 miles a month would get a credit of approximately $103.75. "

"That compares with the $60 credit a earned by a driver from Florida who buys a 2006 Buick LaCrosse and drives the same distance, GM said. "

See? Capitalism rescues us. We who think that high gas prices will get more people biking for transportation could be wrong.
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Old 05-24-06, 12:29 PM
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God- I'd be PO'd if I were relying on these idiots for my pension.
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Old 05-24-06, 01:06 PM
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most likely the federal goverment will need to bail them out when they go bankrupt. So we (the tax payers) will paying.
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Old 05-24-06, 01:39 PM
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. . . . . . (is there any hope for us?)
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Old 05-24-06, 09:29 PM
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Originally Posted by yes
God- I'd be PO'd if I were relying on these idiots for my pension.
What is this "pension" you speak of? I know it not. Is it anything like "Social Security"?
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Old 05-25-06, 05:43 AM
  #6  
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A lot of good that $1.99 per gallon promise is goint to be, when they declare Chapter 11.
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Old 05-25-06, 06:44 AM
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Originally Posted by attercoppe
What is this "pension" you speak of? I know it not. Is it anything like "Social Security"?
Yes - both will prove to be illusionary financial arrangements for most people born after 1960.

"The company explained that a consumer in California who bought a 2007 Chevrolet Tahoe and drove it 1,000 miles a month would get a credit of approximately $103.75.
There's a sucker born every minute. This one looks to be far less generous than the traditional several thousand dollar rebate one gets when the auto companies start having to dump inventory.
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