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	<title>Comments on: While America Slept. Thursday, December 4, 2008</title>
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		<title>By: ferrarimanf355</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1007351</link>
		<dc:creator>ferrarimanf355</dc:creator>
		<pubDate>Thu, 04 Dec 2008 16:24:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1007351</guid>
		<description>1169hp:

Some dude&#039;s probably going to take a baseball bat to my poor car in a wave of anti-import xenophobia, and I don&#039;t think I can afford replacing all of my Civic&#039;s glass and caved-in body panels...

And to the two above posters: don&#039;t be so sure. It could happen in the Rust Belt, the south, places where there&#039;s a higher concentration of domestics.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->1169hp:</p>
<p>Some dude&#8217;s probably going to take a baseball bat to my poor car in a wave of anti-import xenophobia, and I don&#8217;t think I can afford replacing all of my Civic&#8217;s glass and caved-in body panels&#8230;</p>
<p>And to the two above posters: don&#8217;t be so sure. It could happen in the Rust Belt, the south, places where there&#8217;s a higher concentration of domestics.<!-- google_ad_section_end --></p>
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		<title>By: Robert Schwartz</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1007341</link>
		<dc:creator>Robert Schwartz</dc:creator>
		<pubDate>Thu, 04 Dec 2008 16:20:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1007341</guid>
		<description>KixStart: Lynn is teaching at &lt;strong&gt;Harvard Law School&lt;/strong&gt; which educates graduate students in the laws of our country. He does not teach at Harvard College which educates undergraduates, nor, for that matter at Harvard Medical School which educates graduate students in medicine. 

Bankruptcy Law (Title 11 of the United States Code) is a normal subject for upper level law students. It is important for those law students who wish to specialize in commercial law. 

I know Lynn and he is good guy.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->KixStart: Lynn is teaching at <strong>Harvard Law School</strong> which educates graduate students in the laws of our country. He does not teach at Harvard College which educates undergraduates, nor, for that matter at Harvard Medical School which educates graduate students in medicine. </p>
<p>Bankruptcy Law (Title 11 of the United States Code) is a normal subject for upper level law students. It is important for those law students who wish to specialize in commercial law. </p>
<p>I know Lynn and he is good guy.<!-- google_ad_section_end --></p>
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		<title>By: no_slushbox</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1006602</link>
		<dc:creator>no_slushbox</dc:creator>
		<pubDate>Thu, 04 Dec 2008 13:26:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1006602</guid>
		<description>&lt;em&gt;ferrarimanf355:&lt;/em&gt;

If the big-3 are indefinitely bailed out with taxpayers&#039; childrens&#039; money I would be afraid to be driving a domestic.

The mafia, company ruining UAW workers can&#039;t screw with me because they have more to lose - if one of them vandalizes my used Civic I&#039;ll vandalize his bass boat, speed boat, Corvette and dually.

If the big-3 management want to vandalize imports they can start with the ones they drive.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start --><em>ferrarimanf355:</em></p>
<p>If the big-3 are indefinitely bailed out with taxpayers&#8217; childrens&#8217; money I would be afraid to be driving a domestic.</p>
<p>The mafia, company ruining UAW workers can&#8217;t screw with me because they have more to lose &#8211; if one of them vandalizes my used Civic I&#8217;ll vandalize his bass boat, speed boat, Corvette and dually.</p>
<p>If the big-3 management want to vandalize imports they can start with the ones they drive.<!-- google_ad_section_end --></p>
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		<title>By: Usta Bee</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1006501</link>
		<dc:creator>Usta Bee</dc:creator>
		<pubDate>Thu, 04 Dec 2008 13:03:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1006501</guid>
		<description>&quot;ferrarimanf355 wrote: 

Prepackaged or not, if there’s a bankruptcy for GM or Chrysler, there will be anti-import xenophobia on a scale that I’ve never seen before. And since my whip is a 2001 Civic sedan, I’m getting worried…&quot;


No there won&#039;t be, I don&#039;t understand how anybody would think that way. People in America don&#039;t really care that much about Detroit anymore. This isn&#039;t the 1970&#039;s, people have gotten over the whole import &quot;rice burner&quot; attitudes towards Japanese cars. The fact that Detroit is partners with Japanese companies means it won&#039;t happen too. I don&#039;t think people driving Mazda based Fords, or Japanese and Korean based GM cars like the Vibe or the Aveo are going to complain about imports, not to mention the Australian and German based GM cars that Pontiac and Saturn sell, or the Honda V-6 in the Saturn Vue.

People would have to be huge hypocrits to complain about imported cars when they&#039;ve got Asian produced televisions, stereos, game systems, cell phones, computers, appliances, shoes, and clothes in their homes.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->&#8220;ferrarimanf355 wrote: </p>
<p>Prepackaged or not, if there’s a bankruptcy for GM or Chrysler, there will be anti-import xenophobia on a scale that I’ve never seen before. And since my whip is a 2001 Civic sedan, I’m getting worried…&#8221;</p>
<p>No there won&#8217;t be, I don&#8217;t understand how anybody would think that way. People in America don&#8217;t really care that much about Detroit anymore. This isn&#8217;t the 1970&#8217;s, people have gotten over the whole import &#8220;rice burner&#8221; attitudes towards Japanese cars. The fact that Detroit is partners with Japanese companies means it won&#8217;t happen too. I don&#8217;t think people driving Mazda based Fords, or Japanese and Korean based GM cars like the Vibe or the Aveo are going to complain about imports, not to mention the Australian and German based GM cars that Pontiac and Saturn sell, or the Honda V-6 in the Saturn Vue.</p>
<p>People would have to be huge hypocrits to complain about imported cars when they&#8217;ve got Asian produced televisions, stereos, game systems, cell phones, computers, appliances, shoes, and clothes in their homes.<!-- google_ad_section_end --></p>
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		<title>By: Stein X Leikanger</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1006491</link>
		<dc:creator>Stein X Leikanger</dc:creator>
		<pubDate>Thu, 04 Dec 2008 13:00:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1006491</guid>
		<description>Tanta, the mortgage banking blogger who died recently, called Detroit: finance companies with a sideline in cars ...</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->Tanta, the mortgage banking blogger who died recently, called Detroit: finance companies with a sideline in cars &#8230;<!-- google_ad_section_end --></p>
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		<title>By: AKM</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1006482</link>
		<dc:creator>AKM</dc:creator>
		<pubDate>Thu, 04 Dec 2008 13:00:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1006482</guid>
		<description>&lt;em&gt;Remember, they are a bank with a small subsidiary that makes cars.&lt;/em&gt;

Reminds me of Cerberus...</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start --><em>Remember, they are a bank with a small subsidiary that makes cars.</em></p>
<p>Reminds me of Cerberus&#8230;<!-- google_ad_section_end --></p>
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		<title>By: Stein X Leikanger</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1006481</link>
		<dc:creator>Stein X Leikanger</dc:creator>
		<pubDate>Thu, 04 Dec 2008 13:00:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1006481</guid>
		<description>@Bertel

Great to know!</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->@Bertel</p>
<p>Great to know!<!-- google_ad_section_end --></p>
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		<title>By: KixStart</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1006381</link>
		<dc:creator>KixStart</dc:creator>
		<pubDate>Thu, 04 Dec 2008 12:08:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1006381</guid>
		<description>From the article: &lt;em&gt;&quot;Bloomberg quotes Lynn LoPucki, who teaches bankruptcy law at Harvard:&quot;&lt;/em&gt;

What, exactly, is Harvard training students to be?</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->From the article: <em>&#8220;Bloomberg quotes Lynn LoPucki, who teaches bankruptcy law at Harvard:&#8221;</em></p>
<p>What, exactly, is Harvard training students to be?<!-- google_ad_section_end --></p>
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		<title>By: 1169hp</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1006281</link>
		<dc:creator>1169hp</dc:creator>
		<pubDate>Thu, 04 Dec 2008 10:18:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1006281</guid>
		<description>ferrarimanf355:
   Could you elaborate about your worries?  

Thanks!</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->ferrarimanf355:<br />
   Could you elaborate about your worries?  </p>
<p>Thanks!<!-- google_ad_section_end --></p>
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		<title>By: Bertel Schmitt</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1006262</link>
		<dc:creator>Bertel Schmitt</dc:creator>
		<pubDate>Thu, 04 Dec 2008 10:02:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1006262</guid>
		<description>Dudenhoefer is a dolt. Even his assertion that he&#039;s “not seen a successful management decision at GM in Europe in 5 years” would be debated amongst the B&amp;B, who would probably plead for an extended time-frame. 

Dudy has a way of sprouting lines which even the most simplistic scribe can understand, hence, no article complete in Deutschland without a quote of Dudenhöfer. He must be answering the phone all day. He&#039;s at the wrong school. He should be Dean of the Dale Carnegie College of Blatant Self-Promotion. He has very little experience with cars. 

After completing his studies, he survived for exactly two years at Opel. Then he did three years of unsuccessful market research at Porsche, a company that puts as much credence in market research as Luzifer in the immaculate conception. Then he took the route of unsuccessful executives: He started teaching. 

For nearly 20 years he was professor at the FH in Gelsenkirchen, the German equivalent of a community college. In the German auto industry, he&#039;s regarded as an embarrassment.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->Dudenhoefer is a dolt. Even his assertion that he&#8217;s “not seen a successful management decision at GM in Europe in 5 years” would be debated amongst the B&#038;B, who would probably plead for an extended time-frame. </p>
<p>Dudy has a way of sprouting lines which even the most simplistic scribe can understand, hence, no article complete in Deutschland without a quote of Dudenhöfer. He must be answering the phone all day. He&#8217;s at the wrong school. He should be Dean of the Dale Carnegie College of Blatant Self-Promotion. He has very little experience with cars. </p>
<p>After completing his studies, he survived for exactly two years at Opel. Then he did three years of unsuccessful market research at Porsche, a company that puts as much credence in market research as Luzifer in the immaculate conception. Then he took the route of unsuccessful executives: He started teaching. </p>
<p>For nearly 20 years he was professor at the FH in Gelsenkirchen, the German equivalent of a community college. In the German auto industry, he&#8217;s regarded as an embarrassment.<!-- google_ad_section_end --></p>
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		<title>By: Stein X Leikanger</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1006232</link>
		<dc:creator>Stein X Leikanger</dc:creator>
		<pubDate>Thu, 04 Dec 2008 08:46:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1006232</guid>
		<description>I&#039;ll add a little view from Detroit, which has gone fishing in Europe. Neil Winton offers a European perspective - finding that GM is in trouble, while Ford may find a foothold in the old country.

And there is such a thing as a Professor Dudenhoeffer - who states what TTAC stated at the time - that building Cadillacs at Trollhättan, while moving Saab production to Rüsselsheim, was just about the stupidest thing ever. &lt;b&gt;&quot;I&#039;ve not seen a successful management decision at GM in Europe in 5 years.&quot;&lt;/b&gt; Damning words, indeed.
http://www.detnews.com/apps/pbcs.dll/article?AID=/20081125/OPINION03/811250303/1362/OPINION0339

&lt;em&gt;According to Professor Ferdinand Dudenhoeffer, newly appointed to the chair of automotive economics at the University of Duisburg-Essen in Germany, said a Chapter XI filing for GM in the U.S. would pose big problems for GM Europe. Ford Europe is in a much better position to ride out the storm, even if its parent declared bankruptcy.

GM Europe owns Opel, Vauxhall and Saab of Sweden. Ford still owns Sweden&#039;s Volvo, and sold British luxury subsidiaries Jaguar and Land Rover earlier this year.

&quot;GM Europe would have to go into the European equivalent of Chapter XI. In my opinion, nobody would want to buy the whole of it. They would wait for bankruptcy to be filed, then they won&#039;t have to take on the legal and social and pension liabilities and can start with the employees they want. Maybe a Chinese company would want to buy the Opel brand, or maybe Toyota, which is not so strong in Europe,&quot; Dudenhoeffer said.
No hope

&quot;Saab is a mess and there&#039;s no indication it will improve in the future. Making Cadillacs at Saab was a decision that went extremely wrong. I&#039;ve not seen a successful management decision at GM Europe in 5 years. It didn&#039;t decide to close any plants in Europe and that was wrong,&quot; Dudenhoeffer said. &quot;It faces a very tough story for the future and I personally don&#039;t see any hope that it will manage to turn around.&quot; &lt;/em&gt;

BTW - that Cadillac in Trollhattan thing: I&#039;m convinced this was the last hold-over decision of the geniuses who originally bought Saab, with the goal of converting it into a luxury brand, after having failed in acquiring Jaguar.
Having likewise failed in turning Saab into luxury, instead of maintaining its performance cachet, they at least wanted the vindication of building a luxury car (in their minds) at Trollhattan ... thus are momentous corporate decisions made.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->I&#8217;ll add a little view from Detroit, which has gone fishing in Europe. Neil Winton offers a European perspective &#8211; finding that GM is in trouble, while Ford may find a foothold in the old country.</p>
<p>And there is such a thing as a Professor Dudenhoeffer &#8211; who states what TTAC stated at the time &#8211; that building Cadillacs at Trollhättan, while moving Saab production to Rüsselsheim, was just about the stupidest thing ever. <b>&#8220;I&#8217;ve not seen a successful management decision at GM in Europe in 5 years.&#8221;</b> Damning words, indeed.<br />
<a href="http://www.detnews.com/apps/pbcs.dll/article?AID=/20081125/OPINION03/811250303/1362/OPINION0339" rel="nofollow">http://www.detnews.com/apps/pbcs.dll/article?AID=/20081125/OPINION03/811250303/1362/OPINION0339</a></p>
<p><em>According to Professor Ferdinand Dudenhoeffer, newly appointed to the chair of automotive economics at the University of Duisburg-Essen in Germany, said a Chapter XI filing for GM in the U.S. would pose big problems for GM Europe. Ford Europe is in a much better position to ride out the storm, even if its parent declared bankruptcy.</p>
<p>GM Europe owns Opel, Vauxhall and Saab of Sweden. Ford still owns Sweden&#8217;s Volvo, and sold British luxury subsidiaries Jaguar and Land Rover earlier this year.</p>
<p>&#8220;GM Europe would have to go into the European equivalent of Chapter XI. In my opinion, nobody would want to buy the whole of it. They would wait for bankruptcy to be filed, then they won&#8217;t have to take on the legal and social and pension liabilities and can start with the employees they want. Maybe a Chinese company would want to buy the Opel brand, or maybe Toyota, which is not so strong in Europe,&#8221; Dudenhoeffer said.<br />
No hope</p>
<p>&#8220;Saab is a mess and there&#8217;s no indication it will improve in the future. Making Cadillacs at Saab was a decision that went extremely wrong. I&#8217;ve not seen a successful management decision at GM Europe in 5 years. It didn&#8217;t decide to close any plants in Europe and that was wrong,&#8221; Dudenhoeffer said. &#8220;It faces a very tough story for the future and I personally don&#8217;t see any hope that it will manage to turn around.&#8221; </em></p>
<p>BTW &#8211; that Cadillac in Trollhattan thing: I&#8217;m convinced this was the last hold-over decision of the geniuses who originally bought Saab, with the goal of converting it into a luxury brand, after having failed in acquiring Jaguar.<br />
Having likewise failed in turning Saab into luxury, instead of maintaining its performance cachet, they at least wanted the vindication of building a luxury car (in their minds) at Trollhattan &#8230; thus are momentous corporate decisions made.<!-- google_ad_section_end --></p>
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		<title>By: ferrarimanf355</title>
		<link>http://www.thetruthaboutcars.com/while-america-slept-thursday-december-4-2008/comment-page-1/#comment-1006161</link>
		<dc:creator>ferrarimanf355</dc:creator>
		<pubDate>Thu, 04 Dec 2008 07:39:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.thetruthaboutcars.com/?p=175032#comment-1006161</guid>
		<description>Prepackaged or not, if there&#039;s a bankruptcy for GM or Chrysler, there will be anti-import xenophobia on a scale that I&#039;ve never seen before. And since my whip is a 2001 Civic sedan, I&#039;m getting worried...</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->Prepackaged or not, if there&#8217;s a bankruptcy for GM or Chrysler, there will be anti-import xenophobia on a scale that I&#8217;ve never seen before. And since my whip is a 2001 Civic sedan, I&#8217;m getting worried&#8230;<!-- google_ad_section_end --></p>
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