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HD Cuts Production, Stock Down

5835 Views 25 Replies 8 Participants Last post by  testcase
Harley cuts production as demand dips - Financial Times -

I guess nothing lasts forever. Is it a bump in the road or a harbinger of things to come? Tawk amungst yaselves.
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Monkey Boy isn't going to like Pete stealing his "Great Motorcycle Prophet" title.
Seruzawa, You make some really good points here.

First, there are a LOT of people up a creek with this mortgage situation. Not only the subprime lenders and borrowers who are the obvious crises, but there's a LOT of people who thought they had magically "earned" a bunch of money when their property values went through the roof. Baloney. If you "refinanced," you just went further into debt; albeit possibly at a lower rate. If you sold, unless you were moving from CA to IA, you didn't really net any income because all the other houses to buy went up too. This is going to have BIG a long term impact on disposable income and "discretionary" purchases like bikes.

The White House, Congress, and the Fed were all in cahoots (conspiracy theory coming up, younger kids should leave the room) with the bankers on this. They "fattened up" the buyers and homeowners with the scam subprime loans and subsquent price explosion for housing, and now they're going to "harvest" this "crop" when they take their homes in foreclosure for a fraction of their "value." Nice work if you can get it.

As for HD prices, well, even though I've put a lot of bucks in my '77 over the years, I have a standing offer to sell it for exactly what I bought it for from a buddy. I've never seen a time when HD prices fell. The new bike prices will be maintained by limiting production. HD will never substantially discount their prices; to do so flies in the face of their corporate marketing philosophy.

Kill ******. It's the only answer.
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Yep, that too.

We still need to kill ****** though.
...less than he really needs and then buying up the business after it goes bankrupt is a standard banking practice. So is spreading lies like "sheep destroy the grass" thus encouraging cattlemen/sheeherder wars and foreclosing on both sides after they can't make their loans payments because they wasted their cash fighting. (And selling them the guns and ammo to fight with).

(Ha! You thought that because I detest socialists that I'm a big lover of capitalism, didn't you? The end result of unbridled capitalism and unbridled socialism is the same - a handful of people own everything.)
So, what you're saying here is that we need to kill ******, right?
Power to the people! Down with the pigs. Legalize marijuana! (Oops. How'd that get in there?)
Dammit Serz, you always leave out the good stuff:

Promote Teen Sex! Ban Christmas! Tax the Rich! Feed the Poor! Till there ain't no rich no more! Killlllllll ******!
I have some guns you can borrow.
Fighting soldiers from the sky.
Fearless men who jump and die.
Mean who mean just what they say.
The brave men of the Green Beret.

Silver wings upon their chest.
These are men, America's best.
One hundred men
Will test today. But only three
Win the Green Beret.

Trained to live off nature's land.
Trained in combat, hand to hand.
Men who fight
By night and day.
Courage pique from the Green Beret.

Back at home a young wife waits.
Her Green Beret has met his fate.
He has died for those opressed.
Leaving her, his last request.
"Put silver wings on my son's chest.
Make him one of America's best.
He'll be a man
They'll test one day.
He'll kill ******
Wearing a Green Beret.
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