<VV> Barrett Jackson

[Sethracer at aol.com]

When I think of $200,000 454 Chevelles and $500,000 Hemi-Cudas, I think  
about $3,000,000 Ferrari Daytonas and Dutch Tulip bulbs. None of those things  are 
items which "have" to be bought.
 
see:  _http://www.investopedia.com/features/crashes/crashes2.asp_ 
(http://www.investopedia.com/features/crashes/crashes2.asp)  for  the tulip reference.
 
The guys outbidding each other at Barrett-Jackson should put it away and  zip 
it up. Except for the occasional nice view of a rare car, it is embarrassing  
to watch. (Your mileage may vary!)  - Seth Emerson
 
 
 
 
In a message dated 1/3/2008 11:01:28 A.M. Pacific Standard Time,  
dkeillor at tconcepts.com writes:

So, how  is B-J "destroying" the hobby?  They are a for-profit company,
so  searching for profit is their main reason for being.  Yes, some
people  with money to spend are currently spending some of that money on
the cars  of their youth (and Lincolns and Pierce Arrows were NOT the
cars of their  youth).  How is that bad?  Or is a capitalist,
supply-and-demand  driven economy an evil thing?

I remember back in the early to mid-80s  when the Japanese economic
bubble was at its peak and Japanese buyers were  purchasing tri-five
Chevies at insane prices.  People at the time said  they were destroying
the market.  The Japanese buyers were driven by  American 50s nostalgia,
but when their economic bubble burst in the late  80s, so did tri-five
prices and demand.

The current muscle car mania  (especially Mopars) will pass as economic
conditions change, boomers age,  and fads fade.  What will be the next
fad, or will there be another  fad? 




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