AFSCME 3357-HOF'S BLOG

LUNCHTIME UPDATE 7/3/06

I only have a few minutes to update today. Let's see how much I can get done in 10 minutes

Gettelfinger to Join DC Board

UAW President Ron Gettelfinger is set to join the supervisory board of DaimlerChrysler. In Germany, trade union officers are often on the board of the companies their unions serve. Perhaps that accounts for the 28 hour/week workweek.

Honda CRX Spy Photos & More from The Hollywood Extra

Vince Burlapp at thehollywoodextra.com always seems to have some spy photos & information on upcoming cars that nobody else has -- especially when it comes to Hondas. Click here for the latest. Check out the busy text display in the Dodge Challenger instrument panel concept.

How to do everything Better

In retrospect, it wasn't a good idea to make the space shuttle out of styrofoam.

Robert Farago on GM-Renault-Nissan

You might expect that Robert Farago would have something to say about the proposed GM-Renault-Nissan get together. Yep. Here is his latest General Motors Deathwatch post. He suggests that the timing and nature of the proposal could be a ploy by Kirk Kerkorian to get GM's stock price up. Of course, it only makes a difference if Kerkorian sells, and there's no indication that he's selling.

From a factual standpoint, Farago mentions that GMAC has loosened its underwriting for new car buyers, offering new buyers 0% financing even with 580 credit scores. He doesn't say where he came by this information. It's good news if you have a 580 credit score. It's bad news if you (Cerebus) are buying GM's paper. I guess TPTB at GM believe that, with Dan Quayle in charge, Cerebus will go for anything.

Out of time. Have a happy 4th.