Thursday, November 13, 2008

GM and all that bailout talk

With an eclectic bunch of neighbors, I live in a development of 12 modest, but kinda cool, townhomes in Fremont. We're not exactly upscale, but we're not destitute either. We're mostly a bunch of aging (40 and 50-something) yuppies who've done and are doing OK. What do we drive?

I took an inventory of the cars in our parking garage. There are 3-BMW's, 2-Mercedes, 2-Nissans, 2-Volvos, 2-VW's, 1-Isuzu, 1-Mazda, 1-Audi, 1 aging Jaguar, 1-Mini, and 2-BMW motorcycles. So we've got everything from economy cars to entry level luxury cars. And nothing from GM,or Ford, or Chrysler.

If GM, Ford, or Chrysler built cars that appealed to reasonably thoughtful people like us, but had fallen on hard times through no fault of their own, I'd be all for some taxpayer-funded assistance. But why would I want to support companies that build stuff that reasonable thoughtful people like us don't want to buy?

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