Flint Expatriates: Gas is expensive! Who knew?

Saturday, March 29, 2008

Gas is expensive! Who knew?

The Flint Journal reveals the shocking news!

At-home truck and SUV sellers...are finding out first-hand the same thing that new and used car dealers already have -- that demand for gas guzzlers (those getting far south of 20 miles per gallon) is dropping sharply as the price of motor fuel rises.

This is the kind of investigative journalism that America needs!

3 comments:

SusankMarch 29, 2008 at 8:49 PM
The article provided me with my favorite quote of the week: "All the way around, the pain is there," said GM spokesman John McDonald. Does he feel their pain?
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Gordon YoungMarch 29, 2008 at 8:57 PM
I doubt it. But they'll be more pain in the next few years...GM's only plan for their woes seems to be getting rid of as many American workers as possible, so there's going to be a lot more bad news in the next few years.
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SusankMarch 29, 2008 at 9:29 PM
GM Stock prices: 52 week high = $42 and today's quote = $18. In 2000 it was over $90. Brilliant! Better get rid of more retirees.
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Thanks for commenting. I moderate comments, so it may take a while for your comment to appear. You might enjoy my book about Flint called "Teardown: Memoir of a Vanishing City," a Michigan Notable Book for 2014 and a finalist for the 33rd Annual Northern California Book Award for Creative NonFiction. Filmmaker Michael Moore described Teardown as "a brilliant chronicle of the Mad Maxization of a once-great American city." More information about Teardown is available at www.teardownbook.com.

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