GM is about to go "Under", I wonder why?

On my way home tonight, I passed a GMC Envoy, I would guess a 2007 or newer model with a burned out headlight. A car/truck less than two years old with a burnout light.

If I owned it, I would be really pissed. The word on the street is that General Motors is going down soon. I am guessing it might have something to do with the "quality" of product they produce. I have owned my share of GM built products and the one thing I always had problems with was electrical and lighting problems.

Back in the 70's when I was a mechanic that was one of the most common problems we saw with GM cars, lighting and electical issues, some 25 years later they still have the same issues. Some things never cahnge, or do they? Yeah, the company is almost out of business, I think people are sick of crappy cars.

Although my car was built in Cananda and sayes Chyrsler, it is 100% Mercedes desighned, I am proud to be a German. I just hope my lights don't burn out any time soon. Good luck GM.

Same stuff......different day

Ugh, more of the same. It is early in the day but it looks like another bad day on Wall Street.

DJIA
8,704
-131.73 -1.49%S&P 500
902.25
-9.04 -0.99%NASDAQ
1,554
-42.56 -2.67%NYSE
5,579
-137.28 -2.40%

UPDATE.......it gets worse


8,572
-263.63 -2.98%S&P 500
878.10
-33.19 -3.64%NASDAQ
1,530
-66.35 -4.16%NYSE
5,487
-229.07 -4.01%

Glad I am out, if you didn't bail when the market was good, hang on as it will improve it will just take time.

Holy ekkkkkkkkkkkkk the markets are going down!!!

The futures look bad. I bailed out when the Dow was around 13K, it is down to 8Kish and dropping like a rock.....the world markets are taking a bath. Wal-mart is blaming currucy conversions and Intel is taking a bath.

The markets all look bad but they will rebound eventually and when they do I will buy back my shares but until then I will sit on the sidelines.