February 23, 2009

Psychic Warning For The Auto Industry

We’ve heard from politicians, analysts and commentators with their predictions on what will happen to the automakers. Now let’s hear from someone who makes a living looking into a crystal ball.

Shala Kilmer, a Beverly Hills, Mich., psychic, makes a few predictions that don’t sound much different from those who wear ties and appear on CNBC.

• “Over the protests of the American public and their congressional representatives, more federal aid will be poured into the United States auto industry. No one wants a deeper recession, and the reality that the auto industry needs to be rescued will sink in for most people as the year goes on.”

• “The amount of money needed to save the car companies will probably exceed $200 billion.”

• “GM will experience much turbulence in the year ahead, but it will survive. The new GM will be less top-heavy — a lighter and faster vehicle. It will eventually be an example of how to streamline a huge company to get things done.”

• “The UAW ranks of autoworkers will also be thinned. Transparency and making the best decision for the company’s survival will dictate who stays and who goes.”

• “Chrysler will not survive 2009 whereas GM and Ford will survive to become the Big Two. No one will pick up Chrysler; it’s a Ford Pinto kind of risk at this time.”

SOURCE: FREEP.COM

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