Showing posts with label government. Show all posts
Showing posts with label government. Show all posts

Wednesday, June 6, 2012

Keep This Automotive Podcast in Your Portfolio

While we're a few days late in talking about May car sales, we dig deeper into the best- and worst-selling models for last month. The top selling vehicle is always the Ford F-150, which is getting a refresh and going even further upmarket.


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GM was once a top-seller, but not know for quality. That is changing as they change the corporate culture  and bonus. They are also working to remove some of the pension obligations that have been weighing down their balance sheet.

Mitt Romney has taken some credit for the auto industry bailout. Now he wants to unload GM shares. It's always tough to get anything done in an election year, and getting a big money transportation bill made in to law in Washington is about as easy as finding a parking garage in Manhattan for your Rolls-Royce. But the publishers of Consumer Reports are working to rip the scales of action for motorists this year.

A blurry, but beautiful Ferrari FF parked on the street.
Companies may soon ban you from texting while driving, well as least when you are on the clock or driving their car.

While out on the town, David saw his first Ferrari FF on the street, and then the reviews hit. Will the same happen for the Telsa Model S, which appears to be arriving ahead of schedule to buyers.

Finally, haphazard road repairs are common in this time of tight government budgets. But IndyCar doesn't usually have that issue with it's tracks, except in Detroit.

Sunday, October 23, 2011

Crumbling Roads, Bridges, Railways Suck Time and Our Economic Future

Most of America's top 10 transit regions are seriously in arrears in vital maintenance and upgrading, writes Neal Peirce in his nationally syndicated column. That's dangerous because today's congested roadways have made transit indispensable to people's movements and the regions' economies.

As someone who loves cars and driving -- as well as trains, scooters, motorcycles, trucks, etc. -- I'm concerned about the state of the roads I drive on every day. It's clear that decades of neglect and penny pinching by either incompetent governments or those feeling the unending wrath of taxpayers has left things in bad shape today and the future looking grim.

Road and transportation building is one of the key things that a government should accomplish. The idea of having most highways, bridges and tunnels privatized and then tolled so that only those who use them, pay for them seems unrealistic.

What do you think? Should we prioritize the repair of the U.S. transportation infrastructure over other investments in our economic future? How should that work be paid for?