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  • Hey all, just changed over the backend after 15 years I figured time to give it a bit of an update, its probably gonna be a bit weird for most of you and i am sure there is a few bugs to work out but it should kinda work the same as before... hopefully :)

Sell Red One to Buy GM shares at 50-Year Low?

Steve Sanacore said:
I think the big three should start moving their factories to Asia as quickly as possible if they hope to survive. There is a reason the stocks are soo low.

I hope I'm wrong...
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Wow. Do you think that the average american having less money to spend to keep the economy going has anything at all to do with higher paying manufacturing jobs being outsourced overseas? It's amazing. Noone wants to make the connection between job outsourcing, environmental degradation(see ridiculous sized vehicles and factories making them), endless war(you gotta fight for all that oil), and a weak dollar and struggling economy. There's a reason the stocks are soo low.
Don't worry Steve, you're wrong.

Steve Sanacore said:
We need cameras like the RED now more than ever!
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Yup, cause when the shit really hits the fan, i'm gonna go out and shoot footage instead of looking for food. What are you talking about? What is the connection between the global amortization of labour cost (globalization) and needing Red Cameras more than ever? Isn't that like rearranging the deck chairs on the titanic????????? I don't understand your train of thought or logic here...

We need sustainable industry on this continent. GM should make electric cars here, not in Asia. Who do you think pays for the cost of shipping them here? You and the environment. High oil prices are gonna make all this shipping nonsense a ludicrous proposition in ten years. All of this craziness has been based on the notion of cheap energy, oil. And guess what, the party's over. We better invest in sustainable industry with what's left, not outsource even more shit to Asia.
Three connected words: local sustainable economies. And that's where the Red can shine and contribute. Local filmmakers making local films at low cost. It's a redefining of na culture, what little there is.
RedOne is also made offshore.
How to get Red to start making the cameras here with them still making a healthy profit and keeping the price the same......
 
Evolve said:
We need sustainable industry on this continent. GM should make electric cars here, not in Asia
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Yeah. Face it, we spent a trillion dollars on a bad war that we could have spent putting Americans to work on alternative energy technologies including new cars. I think the top 1/2 of a percent of Americans now own 50% of the wealth in America. I know where I'd get the money to get this country back on its feet. Reaganomics and free trade didn't work. Hell, look where your RED was manufactured. It's not a knock on RED. I've outsourced programming to Russia. Our system is set up in such a way that there is no incentive to employ Americans.

There's a good movie called "The Corporation" if you haven't seen it. The modern corporation is flawed and GM might be a bad deal at $5 a share. Enron was.
 
joelnet said:
There's a good movie called "The Corporation" if you haven't seen it. The modern corporation is flawed and GM might be a bad deal at $5 a share. Enron was.
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As an additional thought, be sure to get the 8 hour 2 dvd version. It's very thorough. I hate the corporation graphics package though. Anyhoo, not important.
Joelnet, I agree that reaganomics and free trade haven't worked. It not only made people poorer, but made everyone think that everything should be cheap and was of little worth because it was so cheap. On the other hand, I never thought that free trade was "supposed to work" for us. It was always designed with big business in mind. I always thought it was a big handout to the corporations, and a pox on the minions and the environment.
 
weirdcrew said:
Do you have one Finner? I've been interested in one but then there's no service for it over in Europe so I've been holding out. How good is it?

Fredrik
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har de har, good one -- GM rounded up all these dogies, the EV1, and destroyed them.

http://www.imdb.com/title/tt0489037/

must see activist film, produced by friend-of-a-friend Chris Paine....

the Japanese manufacturers are not immune, they kiboshed their RAV EV program (light utility electric SUV) -- Toyota indulged the systematic destruction of these vehicles as well, as soon as they came off their leasing programs, until a grass-roots effort stopped them, better late than never...

http://www.pluginamerica.org/dontcrush.shtm

Instead of investing in something real, GM sold us the hydrogen car R & D boondoggle, a smokescreen campaign for sidestepping improved fuel efficiency altogether and continuing selling their condos-on-wheels to soccer moms.

GM is run by idiots, who can't tell their orifices from a hole in the ground. Where they could have led -- and cleaned up! by the way, the conspired to kill off innovation.

I have owned two Prius - es (one I purchased when it was still a test market car, in the year 2000, and one is the current model)

And can I just say that Toyota is run by idiots as well - they improved the fuel efficiency of the technology and built a much larger car to offset the fuel efficiency, yielding a net zero improvement in form and function but keeping the soccer moms fat and contented with a larger car....)

But at least they try, as opposed to GM which let the oil genie out of the bottle...and now we will all pay for it. Thanks, GM.

Why would you want to put your money in this loser? Not just a financial loser, but an ethical and moral loser as well? That sorely lacks vision. If ever there was a bad karma stock, this is it.

I bought Toyota stock in 2000, when I bought the test car, and I took my original investment out long ago, now playing entirely with the house money. (Not that I would recommend its purchase right now, its lead time has shrunk and it is too dependent on a contracting US economy to be a good purchase, while the great unwind continues a-pace).

GMAC Financial has become a large part of GM's core business and you would be wise to kick the tires and look under the hood of their financing arm before making a purchase. In fact, their financing arm eclipsed the earnings of their actual auto sales years ago, but guess what? Along the way, they diversified into the mortgage biz, among other things, and sold 49% of the finance biz to PNC and Citigroup in a partnership, all stocks that are now in the tank as well. They are still holding 49% of a loser that used to be their biggest income generator.

They have a lot of other headwinds to deal with as well, not the least of which is their pension system....I could go on....

Jim, when you're done rocking the camera industry, could you fix the automotive industry as well and build a car worth buying? Thank you.
 
oh, and one other thing...do you know how badly the US government has worked to keep the European Smart Car off the American market? Until several years ago, you could not obtain licensing -- they wouldn't certify the car to be licensed in the US, so people were licensing them in Mexico and driving them across the border. Now you can buy them locally, but the tariffs are so high that the pricing is prohibitive, costs $30,000 for a tiny two-seater made of tinfoil that's about the size of a La-Z-Boy.

But I'm sure this is all just coincidence and not a conspiracy at all, and if there is a conspiracy, I'm sure that GM's nose is squeaky clean...

I better go shoot something....
 
Jannard said:
Question is how much money can you make and how much fun can you have with your RED ONE in the time it takes GM to recover...

Jim
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Crap. I wasn't thinking about the fun...

Definitely keeping my Red!

:)

-shooter
 
Evolve said:
As an additional thought, be sure to get the 8 hour 2 dvd version. It's very thorough. I
Click to expand...

Kewl. I didn't know about that. I saw "Who Killed the Electric Car" too. Good movie. Amazing that they got the GM guy on camera saying we won't destroy these cars and then got aerial footage over the proving grounds in Mesa, AZ showing the cars being destroyed. You can't write that and have it be believable.

I wonder if we're just being shocked right now:
http://www.amazon.ca/gp/product/067...15121&creative=330641&creativeASIN=0676978002

Check the video on that page.
 
Evolve said:
Wow. Do you think that the average american having less money to spend to keep the economy going has anything at all to do with higher paying manufacturing jobs being outsourced overseas? It's amazing. Noone wants to make the connection between job outsourcing, environmental degradation(see ridiculous sized vehicles and factories making them), endless war(you gotta fight for all that oil), and a weak dollar and struggling economy. There's a reason the stocks are soo low.
Don't worry Steve, you're wrong.


Yup, cause when the shit really hits the fan, i'm gonna go out and shoot footage instead of looking for food. What are you talking about? What is the connection between the global amortization of labour cost (globalization) and needing Red Cameras more than ever? Isn't that like rearranging the deck chairs on the titanic????????? I don't understand your train of thought or logic here...

We need sustainable industry on this continent. GM should make electric cars here, not in Asia. Who do you think pays for the cost of shipping them here? You and the environment. High oil prices are gonna make all this shipping nonsense a ludicrous proposition in ten years. All of this craziness has been based on the notion of cheap energy, oil. And guess what, the party's over. We better invest in sustainable industry with what's left, not outsource even more shit to Asia.
Three connected words: local sustainable economies. And that's where the Red can shine and contribute. Local filmmakers making local films at low cost. It's a redefining of na culture, what little there is.
RedOne is also made offshore.
How to get Red to start making the cameras here with them still making a healthy profit and keeping the price the same......
Click to expand...

1. I think it's a global economy and there is no going back- like it or not.

2. Yes, local filmmakers making local films at low cost. That is what I was praising and supporting RED for.

"The World is Flat" by Thomas L. Friedman is a great read if anyone is interested in learning more about the economics of the new world we live in.

Personally the subject makes me ill. We are lucky we work in an industry that allows us the freedom of objectivity (most of the time)
 
Stuart English said:
Opel Vectra 2.2 Manual Highway fuel consumption 6.0 l/100Km = 42 m.p.g (USG)

Opel 2.8 V6 TURBO Auto Highway fuel consumption 7.4 l/100Km = 34 m.p.g (USG)
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That's just marketing b-s.

In real life add ~3-4 liters to the first and 5-6 liters to the second figure. You can get 6 l/100 with 1.2's, not 2.2's or any V6's...unless they are mostly going downhill in neutral.


Finner said:
Hopefully Tesla can take GM's place one day soon.
Click to expand...

My hopes also...
 
omen;243111 My hopes also...[/QUOTE said:
I doubt that will happen with a $100K car...

I think it is going to take actual government intervention to make these car companies do anything...not something that I typically advocate, but it is hard to see much recourse, given the auto manufacturers' track record....

Of course, this is the same government that capped LEV and ULEV standards at 35 mph, effectively crippling electric car development. Doesn't really inspire a lot of hope for innovation in the field...

http://en.wikipedia.org/wiki/Ultra_Low_Emission_Vehicle

...Ford "invested" in a Norwegian car called the Think, the first electric car to meet US crash test standards. It looked road-ready and they were gearing up to start shipping to the US, and then, without warning, they killed the project in 2002. Shut the whole thing down and pulled their funding.

...Chrysler was working with a Brazilian company on a similar project called the Obvio scheduled for release in 2008 when shocker! Chrysler took over and project and shut it down.

Raise your hand if you see a pattern emerging.

Let's see Ford, Chrysler, GM, and Toyota all killed the electric car. What hope do we have? The auto industry needs a Jannard to rescue it from itself.
Click to expand...
 
Peter Majtan said:
I would not include Toyota in that list...
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They're best of breed, no doubt, and I am a happy shareholder. But putting RAV EVs in the crusher and bowing to whatever pressure was applied to keep these vehicles out of consumers' hands, has earned them a spot.

Actually, the clean nose among the major manufacturers, if you're looking for one, is Honda (which I also own, as a stock) which has put a prototype hydrogen fuel cell vehicle on the road, the Honda Stack (redesigned and renamed the Clarity). I won't be surprised if they are the first to market with this technology, assuming it arrives at all. They also have 2 hydrogen cell scooter models under development, so they seem to be the most serious about exploring this option -- of course, unlike electric, it would require re-tooling the nation's fuel service centers, a mammoth undertaking. If Honda can build a home fueling system, which they have under development, this would rock....

http://automobiles.honda.com/fcx-clarity/drive-fcx-clarity.aspx
http://automobiles.honda.com/fcx-clarity/home-energy-station.aspx

A bunch of these on the road should nicely offset all the massively polluting 2-stroke engines which Honda supplies to the world.
 
Meryem Ersoz said:
A bunch of these on the road should nicely offset all the massively polluting 2-stroke engines which Honda supplies to the world.
Click to expand...

I disagree. There's no such thing as an "offset". Just ban the damn things already.
 
Hitachi is making a little (relative) atomic power plant that is just right for a business or large home. LOL I WANT ONE!
 
Would make sense for RED to make electric cars.. since they bring shockingly advanced technologies ahead of time.. Why not? they used to make sunglasses and made the RED one!! Then again id bet on Air Powered cars- (charge time is 3 minutes) and they're just as fast and as far..
 
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