5/06/2006

Piling on the NYT and the Sulzberger family. Will they finally dump their trust fund baby and get real? Maybe..... However we are increasingly living in a culture that rewards failure in high places. The same losers still run the car companies, the stock picking business, and so on.

The sensational Chevrolet Corvette Z06.

We had the pleasure of driving the Z06 last week, and we found it to be an eloquent rebuttal to every half-baked instant expert, every media talking head with a thimblefull of knowledge and a large dollop of "America can't compete" attitude - and every so-called automotive pundit who had Detroit dead and buried long ago.
So says GM basher and Detroit hit man, Auto Extremist, who absolutely loves this GM product and is looking for more of the same.
"They" basically said that what was accomplished with the Corvette Z06 couldn't be done. You couldn't design and develop a high-performance car that was tractable, relatively affordable and fuel-efficient - yet capable of delivering the kind of performance numbers previously reserved for super cars costing thousands upon thousands more. Well, "they" were wrong. The Z06 demonstrates conclusively that when GM focuses its best and brightest talents on a goal, they can deliver the goods. Period.
A Communist says whoopsie..."I didn't mean I was going to nationalize the silver mines," said newly minted CBF (Castro's Best Friend). Silver stocks crashed last week as everybody rightly panicked. Me, I believe the Commie Prick; he is going to take over the silver mines. Eventually.

As the S&P hits new highs, far too many S&P stocks are hitting one year lows. Watch out.

The long ago
discredited Maria Bartiromo, the so-called "Money Honey" on CNBC, has done it again. She "tipped" what she claimed was a private conversation with Fed Chief Bernake, when in fact the remarks were contained in a public speech that was supposed to be Off the Record. This woman is as close to a zero as it is possible to be, but far too many people still listen to her.

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