I owned a new 1967 Camaro I bought after graduating from WLU that year. I prefer my old one to this concept beast.

Before the Camaro, I owned a 1963 Corvair Monza turbo-charged stick. I loved that Monza better than the Camaro.

After I got married I bought a new Pontiac Grand Prix. Liked the Camaro better.

Then we had kids, so I bought a new Buick LeSabre. Liked the Grand Prix better.

Do you see a trend here? With age and growing responsibilities, I moved up into slower and more expensive cars, but GM increasingly ticked me off. And now they are coming out with a car named after one of my favorites, but, unless my eyes deceive me, really should be labelled a Dodge.

After the LeSabre, I was tempted to go Cadillac. But I was starting to wonder how long GM could go on disappointing their customers, their employees, and their shareholders.

Why for instance would GM degrade the Cadillac brand with a short wheel base version that is simply a "me too" copy of too many cars on the road?

But, with the concept Camaro, GM management are still getting their answers from the Harvard Business School I see. A gazillion horsepower and $64 crude oil can only survive in the dreams of a college professor who is suffering a mid-life crisis.

But to the students of that prof: when a company has more cash in the treasury than market capitalization, you have to know that management ought to be given the clean sweep. Forget what GM used to be and look at it for what it represents today, which is a fair representation of the problems facing America " from American consumer reliance on foreign goods, to the ills of lobbyists and the consequent government-protected Big Pharma, to Corporate America walking away from their contracts to protect the pensions of their workers past and present, to the damage caused by private capital raiders, and so forth.

It is not a pretty picture, and the Dodge Camaro (LOL) is the icing on the cake. If this is the future of the U.S. auto manufacturing industry, maybe we'll next get to see a Ford Hummer?

Speculators and those involved in corporate restructurings ought to be the only ones trading GM stock today. Until legitimate management moves in, this is no place for traders who are intent on preserving and building wealth.

Today, for space reasons, I had to edit out the list of reports from Value Line. So here is the full list.

(AA) (AA) (Here is the Oct. 21 Value Line report on AA: next one is due Jan. 20)

(AIG) (AIG) (Here is the Nov. 25 Value Line report on AIG: next one is due Feb. 25)

(AXP) (AXP) (Here is the Nov. 25 Value Line report on AXP: next one is due Feb. 25)

(BA) (BA) (Here is the Dec. 23 Value Line report on BA: next one is due Mar. 24)

(C) (C) (Here is the Nov. 26 Value Line report on C: next one is due Feb. 25)

(CAT) (CAT) (Here is the Oct. 28 Value Line report on CAT: next one is due Jan. 27)

(DD) (DD) (Here is the Oct. 21 Value Line report on DD: next one is due Jan. 20)

(DIS) (DIS) (Here is the Nov. 18 Value Line report on DIS: next one is due Feb. 18)

(GE) (GE) ( Here is the Jan. 13 Value Line report on GE: next one is due Apr. 14)

(GM) (GM) Here is the Sep. 2 Value Line report on GM: next one is due Dec. 2)

(HD) (HD) (Here is the Jan. 6 Value Line report on HD: next one is due Apr. 8)

(HON) (HON) (Here is the Oct. 28 Value Line report on HON: next one is due Jan. 27)

(HPQ) (HPQ) (Here is the Jan. 13 Value Line report on HPQ: next one is due Apr. 14)

(IBM) (IBM) ( Here is the Jan. 13 Value Line report on IBM: next one is due Apr. 14)

(INTC) (INTC) ( Here is the Jan. 13 Value Line report on INTC: next one is due Apr. 14)

(JNJ) (JNJ) Here is the Sep. 3 Value Line report on JNJ: next one is due Dec. 2)

(JPM) (JPM) Here is the Nov. 25 Value Line report on JPM: next one is due Feb. 25)

(KO) (KO) (Here is the Nov. 4 Value Line report on KO: next one is due Feb. 3)

(MCD) (MCD) (Here is the Dec. 9 Value Line report on MCD: next one is due Mar. 10)

(MMM) (MMM) (Here is the Nov 18 Value Line report on MMM: next one is due Feb 18)

(MO) (MO) (Here is the Nov.4 Value Line report on MO: next one is due Feb. 3)

(MRK) (MRK) (Here is the Oct. 21 Value Line report on MRK: next one is due Jan. 20)

(MSFT) (MSFT) (Here is the Nov. 25 Value Line report on MSFT: next one is due Feb. 25)

(PFE) (PFE) (Here is the Oct. 21 Value Line report on PFE: next one is due Jan. 20)

(PG) (PG) (Here is the Jan. 6 Value Line report on PG: next one is due Apr. 8)

(SBC/T) (SBC/T) (Here is the Dec. 30 Value Line report on T: next one is due Mar. 31)

(UTX) (UTX) (Here is the Oct. 28 Value Line report on UTX: next one is due Jan. 27)

(VZ) (VZ) (Here is the Dec. 30 Value Line report on VZ: next one is due Mar. 31)

(WMT) (WMT) (Here is the Nov. 11 Value Line report on WMT: next one is due Feb. 11)

(XOM) (XOM) (Here is the Dec. 16 Value Line report on XOM: next one is due Mar. 17)