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TAKING BETS Part VII: Will CBC report it? Ford exec says car sales beginning to stabilize

imageWill they report it?  I really doubt it. Unless they credit the Obamamagic like they did in my bet #3 (see list below).  And if they do credit the Obamamagic, they’ll be sure to include their very newsy ‘n factual Obama-luvin’ banner icon under their story, in which he is depicted from slightly below with us looking up at Him, with a warm, halo-like glow above his Messiah-like head, as seen at left in which they were discussing his honeymoon. 

The state-owned taxpayer-funded CBC should really mention this in their oxymoronic (emphasis on “moronic”) “YOUR BUSINESS” segment because this business news item reflects some extremely important business optimism amongst those capitalists who are relying on government bailouts and socialism-building “stimulus” packages!  Of course this news comes before any “stimulus” cash has been voted on yet, and one must also remember that Ford took no bailout cash

Oh!  I see now.  That ain’t liberal!  (Or worse, socialist!)  The state-owned, federally-funded, socialism-reliant CBC relies on socialism.  So don’t inform the Canadians. 

CBC.  They’re the greatest.

Auto sales stabilizing: Ford

The Associated Press

February 11, 2009 at 2:39 PM EST

CHICAGO —  An executive at Ford Motor Co. [F-N] said the U.S. automobile industry is beginning to stabilize, after months of freefalling sales which have threatened the viability of some of the sector’s biggest players.

Jim Farley, Ford’s global marketing chief, said Wednesday that seasonally adjusted retail sales demand has held steady for the past four months. Meanwhile, the country’s used car market has come “roaring back” since January.

“That shows me that credit’s available,” he said, following a Ford presentation at the Chicago Auto Show. “When we’re seeing the kind of growth in the used car market that we’ve seen in the last six weeks, that is a really important milestone for the bottoming out of the industry.”

Huh.  Without the government stimulus package?  Must be a printing error.  Or the media accidentally leaked out the wrong information. 

TAKING BETS Part VI:  Will CBC report it? Pension fund to invest half a billion in energy projects

TAKING BETS Part V:  Will CBC report it? JazzAir Income Fund grows Q4 profit

TAKING BETS Part IV:  Will CBC report it? Boston Pizza reports strong 2008 growth including 4th qtr

TAKING BETS Part III:  Will CBC report it? Intel to invest $7 billion in manufacturing…

TAKING BETS Part II:  Will CBC report it? McDonald’s sales up 7% in January, along with Wal-Mart

TAKING BETS Part I: Will CBC report this?—Wal-Mart sales up—even ahead of their own expectations

 

Joel Johannesen
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