02-01-2021, 10:31 PM | #29 |
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Glad I’m not the only one on here who gets it.
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02-02-2021, 02:11 AM | #30 | |
Drives: multiple cars Join Date: Oct 2017
Location: Pennsylvania
Posts: 463
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Did anyone watch it? Anyone keeping up on the GME short-squeeze, and big money gamma-squeezes? The potential for retail investors un-rigging the silver market? |
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02-02-2021, 06:53 AM | #31 | |
Hail to the King baby!
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
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02-02-2021, 07:06 AM | #32 |
Drives: No Camaro :( Join Date: Apr 2013
Location: Chitown Burbs
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The bailout just 10 years ago separated the good and the bad from the new GM. The new GM only had the good and no taxes to pay the Fed for years and years. This set up any CEO placed in the role to look good for quite a few years. I bet if Ford knew what they now know after seeing the GM bailout, in retrospect they would have done the same. I don’t have anything against her but honestly think many folks I worked with over the years could be put in the same position and the outcome would be the same. Take her away and GM keeps going. Take Musk away from Tesla and it would suffer instantly.
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02-02-2021, 08:01 AM | #33 | |
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What do you do when you're the administration that takes care of that for you? You put in place someone who does exactly what you say. Everyone comes out smelling like roses and the future is under the directives of that administration. They could have put my 26 year old pot smoking nephew who does nothing but eat Recces peanut butter cups and watch reruns of The Office in at CEO and they'd be showing massive profits for the last 10 years. Pay no attention to the man behind the curtain. It would have sucked if GM went under, I'm not questioning the fact that they'd have taken much of the American and world economy with them if they tanked. But the results of government control are rearing their ugly heads now. Bara is a pawn. |
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02-02-2021, 08:22 AM | #34 |
Drives: 2017 Camaro ZL1 Coupe Join Date: May 2016
Location: Georgia
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And she surely isn’t worth the $22 million she is getting now!
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ZL1 Coupe, PDR, Exposed carbon fiber hood insert, My Link with Nav, M6 6 speed and Silver Ice Metallic. Mods done: ceramic window tint, GM Accessories Camaro floor mats and Roto-Fab CAI.
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02-02-2021, 08:29 AM | #35 |
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I'm still scouring the history books trying to find how the government taxed buggy whip manufacturers and grain distributors while giving credits for automobile and tire companies in order to artificially alter the market enough so everyone would switch to the "new technology".
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02-02-2021, 11:35 AM | #36 | |
Hail to the King baby!
Drives: '19 XT4 2.0T & '22 VW Atlas 2.0T Join Date: Dec 2008
Location: Illinois
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Quote:
No one is, as of now, being forced to buy an EV. Yes, California has lined up and said no NEW vehicles can be ICE after 2035 I believe. But even then, guess what? You can leave California (and not move to the other CARB following states). At least for now. But in the end, this will not cause any concerns for 98% of buyers or users of automotive transportation. I say users as obviously there is a side play that won't be forced that would simply have automated conveyances that will move you from point a to point b with no ownership required. And yes, EVs make that a much better proposition simply for reliability improvements in the powertrain. So as long as it remains technical conversation, this is fun. But there is a lot of pent up anger over this clearly. So to be clear, you are not being forced to do anything you don't want. It just might be a bit more inconvenient for you and you may have to move to enjoy your freedom of purchasing an ICE but that isn't being forced. The longer term threat, and likely beyond my driving on my own, is when there are so few ICEs on the road that getting gasoline or diesel becomes the same concern everyone is expressing about EV charging today. With well over 200,000,000 cars and trucks on the road today, even with 100% EVs, that number is still 100,000,000 ICE vehicles on the road in 6 years. And clearly we aren't at 100% EVs for all of NA production and sales. And if I recall correctly, CARB has only mandated NEW vehicle sales be EV. They aren't preventing you from buying or selling an ICE or driving even driving one. This is a longggg way off. And even if they made it illegal to drive an ICE, there isn't production capacity to even make that happen. You may not have a Camaro, but you can have an ICE for quite some time if that's what you need/want.
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
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02-02-2021, 11:49 AM | #37 | |
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I'd rather drink 8 mpg of leaded high test all day and pollute out the wazoo than go along with GM's EVs now. |
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02-02-2021, 11:53 AM | #38 |
Drives: women crazy Join Date: Aug 2020
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GM knows where their bread is buttered. Their doing and saying all this to get Govt subsidy $$$.
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‘19 1SS A10, Borla S-type Non-NPP-SOLD
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02-02-2021, 12:02 PM | #39 |
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02-02-2021, 01:14 PM | #40 | |
Drives: 19 Chevrolet Camaro 2SS 1LE Shock Join Date: Apr 2020
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Quote:
I wouldn't do it to spite people, I would do it because it's cool. Sent from toaster or something
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2019 Chevrolet Camaro 2SS 1LE M6 Shock GM Performance Intake and that's it, because driver mods before car mods Past: 2009 Mazda RX-8 GT M6 Velocity Red Mica (Sold) 2015 Chevrolet Corvette Z51 2LT M7 Velocity Yellow Tintcoat (Flood totaled) |
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02-02-2021, 01:36 PM | #41 | |
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Now I just want to make sure every yin yang in an electric GM toaster mobile smells my leaded high test at every red light I drive by every day to and from everywhere I go. |
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02-02-2021, 01:51 PM | #42 | |
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Quote:
Laws ARE force. 3 states (thus far) have banned ICE with a deadline. All the manufacturer's are only going to offer EV's to comply. It's just a matter of time before parts or fuel isn't available/ridiculously expensive to make it uneconomical to drive ICE cars whether by market forces or government taxes artificially elevating costs . Conversely, you get tax credits to buy the car "they" want you to artificially lowering the cost. They did it with Freon (R-12, R-22, and many others. Now, the "new" R-410a is on the chopping block). They are almost using the same playbook for cars.
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