Comments on: Going “green” will destroy Detroit http://www.todaysfinancialnews.com/us-stocks-and-markets/going-green-will-destroy-detroit-6308.html Today's Financial News offers an independent and very practical perspective on the U.S. and global investment markets. We filter out exactly what financial news is worth paying attention to... and what it means for your money and portfolio Tue, 26 Jan 2010 12:08:21 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Noel Douglas http://www.todaysfinancialnews.com/us-stocks-and-markets/going-green-will-destroy-detroit-6308.html#comment-2884 Noel Douglas Mon, 02 Mar 2009 22:04:40 +0000 http://www.todaysfinancialnews.com/?p=6308#comment-2884 Is there not a law called "THE TAFT- HEARTLY LAW" ? I am a Canadian ,but I remember this law being applied to every large USA business before it could be sold to another Competitor may years ago, but I have not heard of it for many years. In other words the Country could not have very few Gigantic Businesses without competition. It has got to a point where only the Government has the ability to print enough money to operate such large businesses, when they go into the red ink. The next step is the Government running everything. I remember Russian President Kruscheiv pounding his shoe on the podium stating ,"We will take you over without fireing a Shot". Could this be what he was suggesting many decades ago? "HOW TO CORRECT IT" Simply break up the large inefficient Corporations and allow the smaller Succsessful ones to take them over and allow the growth to be Nurtured. Being Small is not a bad sign, if your customers come first. If customers are used as if they were family one does not even have to advertize. Your customer does your advertizing for you by word of Mouth. **Noel** Is there not a law called “THE TAFT- HEARTLY LAW” ? I am a Canadian ,but I remember this law being applied to every large USA business before it could be sold to another Competitor may years ago, but I have not heard of it for many years. In other words the Country could not have very few Gigantic Businesses without competition. It has got to a point where only the Government has the ability to print enough money to operate such large businesses, when they go into the red ink. The next step is the Government running everything. I remember Russian President Kruscheiv pounding his shoe on the podium stating ,”We will take you over without fireing a Shot”. Could this be what he was suggesting many decades ago?
“HOW TO CORRECT IT”
Simply break up the large inefficient Corporations and allow the smaller Succsessful ones to take them over and allow the growth to be Nurtured.
Being Small is not a bad sign, if your customers come first. If customers are used as if they were family one does not even have to advertize. Your customer does your advertizing for you by word of Mouth. **Noel**

]]> By: just a thought http://www.todaysfinancialnews.com/us-stocks-and-markets/going-green-will-destroy-detroit-6308.html#comment-2228 just a thought Tue, 09 Dec 2008 06:12:58 +0000 http://www.todaysfinancialnews.com/?p=6308#comment-2228 Oil prices may be down now, but are guaranteed to increase again soon--so looking towards the future and planning to use less oil is still a good economic as well as environmental goal. That being said, I would also agree that GM, Ford and Chrysler will not be good leaders of green technology. Why? Because E85, flex fuel vehicles, hybrids and even electric vehicles all have a lot of problems which are being completely ignored in these discussion. Our electrical grid gets more than 50% of its energy from coal-fired plants while wind farms often must shut down because the grid cannot handle the load or store the energy being created. If the government helped rebuild the infrastructure and develop flywheel technologies for easily storing energy without chemical batteries and large percentage losses then we would all be better off, including automotive manufacturers who could then use the technology to power a new generation of REAL green vehicles. The government should never become an investor in individual corporations built to maximize profit, but pushing relevant technologies forward and keeping our infrastructure viable sounds like a much better way to spend our hard-earned tax dollars. Oil prices may be down now, but are guaranteed to increase again soon–so looking towards the future and planning to use less oil is still a good economic as well as environmental goal. That being said, I would also agree that GM, Ford and Chrysler will not be good leaders of green technology. Why? Because E85, flex fuel vehicles, hybrids and even electric vehicles all have a lot of problems which are being completely ignored in these discussion. Our electrical grid gets more than 50% of its energy from coal-fired plants while wind farms often must shut down because the grid cannot handle the load or store the energy being created. If the government helped rebuild the infrastructure and develop flywheel technologies for easily storing energy without chemical batteries and large percentage losses then we would all be better off, including automotive manufacturers who could then use the technology to power a new generation of REAL green vehicles. The government should never become an investor in individual corporations built to maximize profit, but pushing relevant technologies forward and keeping our infrastructure viable sounds like a much better way to spend our hard-earned tax dollars.

]]> By: Mike http://www.todaysfinancialnews.com/us-stocks-and-markets/going-green-will-destroy-detroit-6308.html#comment-2224 Mike Mon, 08 Dec 2008 16:41:51 +0000 http://www.todaysfinancialnews.com/?p=6308#comment-2224 GM has been in the process of transforming for a while now. They can and will be more "green". They really don't have a choice if they want to sell any vehicles.<br><br>"Trying to transform General Motors into a producer of “green” technology is the equivalent of asking Exxon Mobil (NYSE:XOM) to start drilling for spring water. It is not going to happen."<br><br>That is a retarded comparison.<br><br>Overall a pretty dumb article. GM has been in the process of transforming for a while now. They can and will be more “green”. They really don't have a choice if they want to sell any vehicles.

“Trying to transform General Motors into a producer of “green” technology is the equivalent of asking Exxon Mobil (NYSE:XOM) to start drilling for spring water. It is not going to happen.”

That is a retarded comparison.

Overall a pretty dumb article.

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