Tag Archives: Toyota

Another Day, another Govt Distorted Data Set:

By Admin | Published: September 2, 2010

Yesterday, the auto industry released their August sales numbers and they were ugly. Compared to 2009, August 2010 sales plummeted 21% with General Motors Co., Toyota Motor Corp. and Honda Motor Co. all reporting declines of 25% or more. Ford Motor Co. was the tallest pygmy in the group as its sales only dropped 11%. Why such large year-over-year drops?

Cash-for-clunkers, of course! In 2009, this was a stimulus program that thought it was a good idea to take perfectly functional cars and destroy them for a subsidy between $3,500 and $4,500. As the data shows, the program was wildly … …READ MORE

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The Eyes of Congress Are Upon You

By Admin | Published: February 24, 2010

Here’s What the Markets Are Going to Focus on Today:

House Budget
FISCAL 2011 BUDGET: TREASURY DEPARTMENT
10 a.m. Feb. 24, 210 Cannon Bldg.
Full Committee Hearing
House Budget Committee (Chairman Spratt, D-S.C.) will hold a hearing on the president’s proposed fiscal 2011 budget for the Treasury Department.
Witnesses Scheduled: Timothy F. Geithner, secretary of the Treasury

House Financial Services
HUMPHREY-HAWKINS MONETARY POLICY REPORT
10 a.m. Feb. 24, 2128 Rayburn Bldg.
House Financial Services Committee (Chairman Frank, D-Mass.) will hold a hearing on the Humphrey-Hawkins Semiannual Monetary Policy Report, current economic conditions, and the outlook for the financial sector and … …READ MORE

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Geithner Quiz!

By Admin | Published: February 23, 2010

According to Vogue Magazine, whom does our current US Treasury Secretary most closely resemble?

a. Lyle Lovett

b. The current Bachelor

c. Frodo

d. JFK

e. Aragorn

f. a & d

g. c & e

Answer below…..

Vogueing: The answer today’s quiz is f. In this story, Vogue states that Geithner is, “A lithe and athletic 48 years old, Geithner, who was named one of the 100 most beautiful people of 2009 by People magazine (it may have helped that his brother works for the publication), has the kind of looks that can go either way: Half an inch one … …READ MORE

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