Re: [DML] Re: JZD article

[Delorean3@xxxxxxx]

People say that JZD was a failure, others say he was successful.  JZD  was a 
brilliant man who was not afraid of taking a risk.  Imagine being in  his 
position at GM, making big bucks, living the good life and saying "I want  more. I 
want to make my own automobile."  How many people have thought  about it or 
said it and how many have done it? Many people write about the car  being a 
lemon. Let me see, after 22 years we still have a tremendous amount of  his cars 
riding around, looking timeless.  How many 22 year old Chevy's do  you see 
today?   JZD was a risk taker.  He was a  salesman.  You have to be a 
salesman/entrepreneur/venture  capitalist to raise money to create an automobile 
manufacturing company  from scratch.  JZD's short lived company would have still be 
around today  if were not for the intense geo-political risk at the time in 
Ireland and  the double digit inflation rates and double digit interest rates that 
 occurred here in the USA.  From 1980 to 1985 short term money market  rates 
in the US were at over 20%!  People were taking out car loans at  18-25%. All 
of the car companies suffered.  So by fate or bad luck,  JZD took his chance 
during one of the worst times of hyper inflation that  we have seen in over a 
century.  And he was under capitalized to  boot. During that 5 year period of 
high inflation and high interest rates  if GM needed money they just went out 
and raised money by selling more  stocks and bonds to the public. JZD was just 
an embryo hatching from his  stainless steel egg during a bad economic period 
of time. It's just a blip in  the timeline of history. But it was his 
unfortunate blip.  If you don't  take a risk in life you'll never accomplish anything. 
 Now the  responsibility of his dream is ours.   Let's give the man  credit.  
He was successful. People hate successful people.  All of who  own a Delorean 
know that the car is phenomenal.  May he rest in peace.  And for all these 
cowards who make their money writing about dead people who  took a chance I say 
- you should be so lucky that someone gives a shit about you  to write 
ANYTHING when you die.  I think I need a ride in my DMZ.
 
Bob Cutrupi 16909


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