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 GM deserves to fail. It should not be bailed out. I bought a Buick in the early 2000s and it was an unreliable car that I regretted buying. I wanted to buy it for the long-term and have a new, reliable car. Instead, I got a lemon.
On two different occasions, within about a year of each other, I had two transmissions go bad. Both tore up while I was backing out of my driveway. This car was not driven much, and was not driven harshly.
Both repairs took a long time. I was without a car for about a week each time. The second time, the people at the Buick repair place didn't seem the least bit concerned that I had lost two transmissions in a row like that. They didn't care, even when I pointed it out and asked if this was normal.
I was particularly put off by the experience of trying to complain about this and see if they would do anything like replace my lemon with a more reliable car. Someone took me into an office, and heard my complaint, but he just started trying to sell me another car! That was the moment I quit buying American. I got rid of the lemon as fast as I could before it broke down again and bought a Toyota.
I have a Toyota now, and it's like a dream car. No transmission problems. It's very well built. I would never go back. Unfortunately, I lost a lot of money on the Buick, since I was paying ahead on the loan and had to sell it for a low-ball trade-in value.
People aren't buying GM for a reason. Let them fail. Do not bail them out. |
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Citi deserves to fail. They do not need to be bailed out. I would be happy if Citi ceased to exist as a bank. I was an AT+T Universal Card holder since the card came out in 1993. Somehow, Citi bought this card from them and I found myself what I...[ abbreviated | read entire ] |
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In my quest to get a reciprocating saw (see my previous post on my Harbor Freight futility), I went to Sears because they opened early. Sears still has not restocked the screwdrivers they're out of, and they've been out of them for a month. (The...[ abbreviated | read entire ] |
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What recession? Harbor Freight sent me a circular in the mail with a new reciprocating saw that was about what power I needed at an attractive price for a sub-$100 saw. (I wouldn't use it much, so I didn't want a professional quality one.) So I...[ abbreviated | read entire ] |
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Truth For Life has released a recent 44-min sermon on the economic bad times preached by Alastair Begg on 1 Timothy 6. I've listened to it, and it's outstanding. The TFL web site is utterly lame and has a stupid Flash-based embedded MP3 player....[ abbreviated | read entire ] |
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I used to shop at buy.com, and the online retailer was once my first choice for a range of items (books, electronics, computer supplies like DVD blanks). In the past few months, however, buy.com has been stocking fewer and fewer items themselves...[ abbreviated | read entire ] |
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The United Methodist Church in my town sent me a postcard. Quite a fancy one, too: glossy, with full-color photographs, including the new pastor with his photogenic family in an outdoors setting. But I don't see any gospel, not even one the...[ abbreviated | read entire ] |
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Ligonier Ministries needs an executive to change a d to an n. They have been putting RC Sproul's series on philosophy online, and put "Parmedides" instead of "Parmenides" and I pointed out the mistake and finally got a response: "I will forward...[ abbreviated | read entire ] |
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The Health Savings Account (HSA) is hyped as the way to let you manage your own health care and save money. The truth is, it's a good deal for everyone but you. Corporations, insurance companies, and the financial industry (which manages the HSAs...[ abbreviated | read entire ] |
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Both the Wall Street Journal and the New York Times have gone up again. I don't know why newspapers have to be so expensive, but this fact is going to hasten their obsolescence. I think the newspaper rack as we know it will be gone in a few years....[ abbreviated | read entire ] |
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