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Beck is an idiot. Anything GM can do well, Honda and Toyota can do better. Honda already has production Fuel cell model out for lease in CA. wish he educated himself before he opened his mouth.
“H2 is the future, they only need to figure out the battery”
Don’t get me wrong, being from Europe I like the US, but a guy like Glenn Beck wouldn’t even be allowed to be a janitor at a non-US TV station. It is mind-boggling.
Are there really people who can watch this guy without getting an instant aneurism?
Glenn Beck the entertainer, doing whatever it is he does. If I drove a car for “about a month” I would not have to ask what the name of said car is. Car of the future? What? GM has a future? News to me…
Beck is a celebrity and is a pitchman for GM. So that stuff about how great GM’s cars are, I take with a grain of salt.
However, he starts to make a good point, but fails to follow up with it, and Henderson won’t pick it up and run with it either. The point is why is the European industry so much healthier? The US legal framework is killing this industry.
Fact: the US has safety and emissions regulations that are unlike those in effect anywhere else in the world. Thus, US cars are not readily exportable, and foreign cars (even a company’s own) are not readily importable. Sure, Honda and Toyota have to meet the US standards, but they sell the asian and euro spec versions everywhere else. We do not have the foothold in those countries for domestically produced vehicles that Honda and toyota have here.
Fact: The US has CAFE. When consumers don’t want to buy a small car, it is the manufacturer who suffers the cost. The manufacturers have been forced to offer small cars that consumers do not want, and must do so at a loss in order to move the metal to offset a unit that is selling. To top it off, the system requires those money-losing small cars to be built domestically with high-cost labor, increasing their costs. Because of fact no. 1 above, they cannot amortize those costs by selling those cars all over the world. I am no fan of high gas taxes, but we would have a healthier industry if we went this way.
Fact: The US has one of the highest corporate tax rates in the world.
I am sure I could go on, but if these three items were addressed, there would be a lot of stress taken off this industry. To be sure, the industry cut a lot of corners over the last 30 years to get where it is, but reducing their costs in any significant way would help, it seems to me. Oh yes, none of these suggestions would take anything out of the UAW’s pocket.
Glenn Beck is an idiot. It dissappoints and terrifies me as a conservative, on non-social issues, that Fox news is the “conservative” media.
Wow, that just reminded me why I don’t watch Fox.
I’ll bet Fritz doesn’t watch Fox either judging by the interview.
At least Fritz now has another small area where he can improve GM.
Fox isn’t Conservative… it’s Republican.
GM’s market capitalization is $666M. Spooky.
the real boogyman is health care costs. As long as the US has employers administrating health insurance plans, US businesses will be uncompetitive.
an incompetent interviewer = almost eight minutes wasted.
@jpcavanaugh
wow. just wow. the nonsense you are spewing is too much to bear….
“Fantasy: the US has safety and emissions regulations that are unlike those…”
What you are saying is even though: Honda, Toyota, BMW, VW, Mercedes, Nissan, etc… are selling cars worldwide, GM, Ford, and Chysler somehow can’t because of government safety and emission regulations only affecting them. What might those regulations be? The Big 3 can’t sell worldwide because the cars they produce are horrible compared to the competition. that is a fact.
“Fantasy: The US has CAFE.”
Again, anyone selling a car in the USA has to deal with this. I agree CAFE should be abolished, but *ALL* car companies selling vehicles in the USA have to abide by it; it discriminates against no one.
“Fact: The US has one of the highest corporate tax rates in the world.”
Corporate taxes are insignificant next to other costs of running a business. If said burden is so bad, why does the USA have the worlds biggest economy? Ever hear of Google, GE, or Microsoft?
The real fact is: GM, Ford, and Chrysler are horribly inefficient car companies which produce few products consumers want. they are burdened by huge labor costs, huge health care costs (which every other industrialized country does not have to deal with) and horrible management.
Rather than making more excuses, the USA companies should focus on making cars people want to buy.
Wow Beck is a complete idiot… How did this guy get on the air… Good thing there is no IQ test for TV announcers.
What a fumb ducker.
Hydrogen cars are not economically feasible. They are not efficient in the least. Barring some huge technological breakthrough that allows you to literally create a miniaturized universe full of suns to harness the amazing power of hydrogen, it isn’t going to work.
Let’s put it this way. You need 10 small cheeseburgers a day to maintain your body weight and not die. You are given 10 cheese burgers per day each day. Now, these cheeseburgers happen to be plain, and man cannot survive on plain cheeseburgers alone. So you can trade ONE cheeseburger for a topping, say ketchup, on all the other cheeseburgers. The next day, you get 10 cheeseburgers and can trade one to have mayo, relish, or mustard, or whatever, but you cannot eat plain cheeseburgers ever, and you have to trade one cheeseburger a day in. You are using 10 cheeseburgers to make 9 cheeseburgers and you are losing weight every day until you die because you need 10 cheeseburgers a day to survive. That’s the state of the hydrogen technology today, it takes more cheeseburgers than it makes, thus it is unsustainable.
Those batteries, or hydrogen fueling stations or whatever they were using cost more in energy than they can produce. End of story.
I’ve said it before and I’ll say it again. The future fuel that will save us all is gasoline, whether it’s made by bacteria, or by reclaiming C02 from the atmosphere with giant scrubbers and recombining the complex molecular chains, gas is the future of fuel.
Fact: The US has one of the highest corporate tax rates in the world.
I’d call that a misleading statement, not a fact.
There are two basic problems with that. First, you can’t judge a corporate tax simply based upon a percentage bracket, because the definition of “income” that is subject to tax varies from country to country. Second, corporations are subject to other taxes, so you need to account for those when calculating the overall burden.
Compare the dark red bars on this chart: http://s3.mediamatters.org/static/images/item/wsj-20090203.jpg You can see that the effective US corporate tax rate is at low end to the middle compared to these countries.
The US system relies on brackets to motivate businesses to look for opportunities to take deductions. Basically, the goal is to encourage businesses to invest and spend in order to lower their tax liability.
Since all of the major news outlets are owned by a handful of corporations, what did everyone really expect REAL NEWS? As opposed to the mindless drivel the CNNs, Faux News, MSNBCs, etc. of the world constantly spew on a daily basis?
Pch101:
The US system relies on brackets to motivate businesses to look for opportunities to take deductions. Basically, the goal is to encourage businesses to invest and spend in order to lower their tax liability.
Change the word “brackets” to “RACKETS”, and that would be a more accurate assessment…
I’ve said it before and I’ll say it again. The future fuel that will save us all is gasoline, whether it’s made by bacteria, or by reclaiming C02 from the atmosphere with giant scrubbers and recombining the complex molecular chains, gas is the future of fuel.
I’ll drink to that!!! :)
I read the “Part 2” comments first, and only then discovered the ones above.
You can always tell the people that don’t watch Beck and get all their info from other news sources commenting on Beck.
Trouble is, you can’t tell them much.
I’d repeat many of the points that I brought up in my comments on the Part 2 post, but I realized reading the bile and largely ill-informed, boorish dreck above, there’s little point…if you didn’t listen to what Beck was saying – and says virtually every night on his program, nothing I say will open your minds.
Pity. Though he’s not a pistonhead (and doesn’t pretend to be) Beck speaks for the vast majority of the buying public who buy cars (and don’t fantasize about them). He speaks for the taxpayers that are fed up with bailouts, and the common sense crowd that knows that it wasn’t JUST the GM front office that screwed up the company – it was a perfect storm of managment, labor, investors, goverment regulation, poor design, bad timing, and bad luck.
Now…back to the apparently regularly scheduled, standard liberal/progressive rants.
@jpcavanaugh . . .
“The US has one of the highest corporate tax rates in the world.”
Nice blanket statement, care to back that up with any substantiation?
Lastly, if it is a fact, then shall we debate and determine if that is a benefit or detriment to the well being of the USA population in general?
@Brad Kozak
“…the common sense crowd that knows that it wasn’t JUST the GM front office that screwed up the company – it was a perfect storm of managment, labor, investors, goverment regulation, poor design, bad timing, and bad luck.”
That must be a hell of a storm to last over three decades of slipping market share. Clearly there was no “common sense”
Now I just got to actually watch that. Eesh.
What a poor interviewer. It sounded like a political rant in Jeopardy style (conducted in the form of a question.) The Q&A was poor, and the angle taken by the interviewer was obviously lacking in insight.
Beck speaks for the vast majority of the buying public who buy cars
The vast majority is shrugging its shoulders as they shuffle off to the Honda dealer. In my real world dealings, I am not seeing much angst among the average person about this.
This guy only looks moderate to those who are firmly on the right. But regardless of his views, he wasn’t so much as interviewing his subject as he was trying to support a political agenda, an angle that interestingly enough was not indulged by Henderson, regardless of how hard Beck tried. I can see why the thought of the Fairness Doctrine scares the hell out of people like this…
Fox isn’t conservative, its republican. …WRONG
Fox isn’t conservative, its RETARDED! … RIGHT!
I hate Fox, I hate CNN, and I hate MSNBC.
Americans are subjected to the worst media quality of any ‘modern’ nation. The quality of our media and their coverage (what they cover, how they cover it, and the time allocated on what they cover) is so atrocious, words fail to be able to capture the amount of failure.
Having said all of this, if there is one particular ‘anchor’ of any popular news program, whether on a network or the cable news programs, who is a raving lunatic, it is Glenn Beck.
I watch his show once in a while simply out of curiosity, and his level of insanity never fails to reveal itself. He is certifiably mad.
I am awaiting the moment where they find him in some precarious place and situation, wigging out, doing something harmful to himself or another.
Fox News gets more radical and nutso by the month. I anxiously await their next big hire.
Beck didn’t quite get the quote right from the start:
Eisenhower SecDef Charles Wilson said before Congress that “What is good for the country, is good for General Motors, and vise versa”
However, Beck’s (and others’s frequent) misstatement of the quote is mostly consistent with it’s intent.
I want my seven minutes back.
The point is why is the European industry so much healthier? The US legal framework is killing this industry.
New conservative talking point: The US must become more like Europe. Lollerskates.