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Adios Detroit, .... Big 3 Bailout dies in Senate.
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firmbizzle Offline
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Post: #241
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
BlazerFan11 Wrote:
firmbizzle Wrote:Richard Shelby is willing to let the whole country including his own state "Alabama, which will also be affected' go into a financial tailspin because of his own special interests. There are several foreign auto companies who have built factories in the south with help and subsidies from American taxpayers money. Yes even money from American Autoworkers. We encouraged them and let them do it because we are not afraid of fair competion and we wanted to help create more American jobs in the South. Well now the shoe is on the other foot and Senator Shelby is unwilling to help those who helped him in the first place. In fact in his vengeance, he now wants to bite the hand that fed him. American Nameplate Autos (GM Ford & Chrysler) Now exceed or compare equally with the foreign competition.. American manufacturers (along with the rest of us) were caught off guard by outrageously high gas prices. Large vehicles were the bread and butter of American manufacturers and were profitable. We have several high quality vehicles that are getting better than even 30 MPG. That's a lot better than the competion. Even at this time several More high tech gas saving American Autos are being readied to be introduced. The financial crisis is now making it difficult for potential buyers to get a loan. Well You Ain't Seen Nothin Yet. If Shelby gets his way and destroys American industry. Three million jobs will be lost the first year. Two and a half million jobs will be lost in the following two years and soon your job, if you still have one will be lost. Someone should tell Senator Richard Shelby that this is the "UNITED" States of America. He's playing with fire.

03-banghead

If Shelby & Sessions had voted for the financial bailout, your argument might hold (a little) water, but they didn't.

High gas prices caught us off-guard? Maybe you, because obviously your head is firmly entrenched in your intestines if you think that anyone outside of Alabama paid for the manufacturing plants here. However, economists have been saying for years that gas prices would go up (due in large part to skyrocketing demand in China and India). That's why Toyota, Honda, etc. shifted much of their R&D resources to building more fuel-efficient vehicles, while the Big Three continued to pimp gas-guzzlers like there was no tomorrow. Not coincidentally, Toyota, Honda, and most other foreign manufacturers are doing fine on their own.

You act as if every single job related to the U.S. auto industry will be lost. It won't happen. You also have to understand that this "loan" is only going to keep their heads above water until March, when they will come back and beg for more money (up to $100 bn). Essentially, they will be paying off a "loan" with another "loan" that they have a very small chance of paying back. I think even you, with your embarrassingly low understanding of economics, can realize that isn't good. You can call it a "loan" all you want, but it is essentially a subsidy that will do nothing but save the company temporarily. Meanwhile, the economic impact of the Southern plants will offset any lost revenues from tax breaks, land gifts, or free utilities within just a few years. If Michigan wants to prop up the Big Three...more power to them.

You obviously know nothing about the automotive industry. This isn't a Michigan problem. There are plants, supplies, distributors, and tangential companies related to the Big 3 all over the county. The Big 3 made "gas-guzzlers" because that is what Americans wanted, and that what made them money. It's also not just about cars. For national security reason the United States must have an American motor company. The countries that make the foreign competitors understand this, and is why they are bailing out their car companies. Who cares if it's a loan that they can't pay back? The alternative of losing 6 million jobs in 2 years will cost way more.
(This post was last modified: 12-16-2008 06:06 PM by firmbizzle.)
12-16-2008 06:02 PM
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DrTorch Offline
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Post: #242
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
firmbizzle Wrote:You obviously know nothing about the automotive industry. This isn't a Michigan problem. There are plants, supplies, distributors, and tangential companies related to the Big 3 all over the county. The Big 3 made "gas-guzzlers" because that is what Americans wanted, and that what made them money.

Really? Then why do I keep posting this article?

Politics Keeps Great Cars Off Our Shores
By Warren Brown
Washington Post Staff Writer
Sunday, May 16, 2004; Page G02
Car culture is more than glistening sheet metal and roaring engines. It's also politics. Consider the matter of fuel economy.
You'd think that with regular unleaded gasoline prices topping $2 a gallon in the United States, both government and automotive industry officials would be hard at work developing practical, workable solutions to reduce fuel consumption.
You'd think that companies such as General Motors Corp., Ford Motor Co. and DaimlerChrysler AG -- all of which do a splendid job of selling snazzy, fuel-efficient little cars overseas -- now would jump at the opportunity to sell many of those same models in America.
Most certainly, you'd think that stalwart environmental groups such as the Sierra Club would support such a move.
You'd better think again.
The same GM that sells economical but zippy Opel Astra cars and wagons in Germany is reluctant to ship them to the United States primarily because it does not want to get into trouble with the United Auto Workers union.
U.S. automotive executives, of course, never come right out and say that. They offer other seemingly plausible reasons for keeping their hot little runners in Europe. They argue that Americans, even with rising fuel prices, don't really like small cars -- the success of models such as the Mini Cooper, Mazda3 and Toyota Prius notwithstanding.
The executives also point to "unfavorable currency exchange rates." Put another way, building and shipping cars in strong euros and selling them in weak dollars is not a recipe for profitability -- especially not in a U.S. market where many consumers equate small cars with low prices, which means they would be reluctant to pay extra money to make up the dollar-euro deficit.
But if you listen carefully to the corporate demurrals, you'll hear something else. "We have a partnership with the UAW, and we have to work with them," G. Richard Wagoner Jr., GM's chairman and chief executive officer, said in a recent interview in St. Tropez, France.
To better understand that politesse, you may want pull from the archives an Op-Ed column that appeared in the New York Times on Feb. 18. The piece, co-authored by UAW President Ron Gettelfinger and Sierra Club Executive Director Carl Pope, attacked a Bush administration proposal to base federal fuel-economy standards on vehicle weight and type.
That proposal, still nascent, effectively would set up different fuel-economy standards for different vehicle categories -- a radical turnabout from the current broad-brush approach of setting one overall standard for "trucks" and another for "cars."
Under that current "corporate average" fuel economy (CAFE) standard, car companies are forbidden from using their foreign fleets to get a better overall fuel economy rating. For example, cars sold as imports cannot be counted for CAFE fleet-averaging reasons with those sold as domestics. They must be counted separately.
The effect of the current CAFE rule, Gettelfinger and Pope said in their editorial, "has been to keep good jobs in America."
"Without a fleet-wide standard, the auto companies would be free to shift the production of smaller, less profitable vehicles from the United States to overseas."
Put another way, the UAW does not make many of those small, fuel-efficient cars. It makes bigger, less-fuel-efficient pickup trucks and sport-utility vehicles, which brings up another point. In the matter of SUVs, whose sale I support as long as consumers are willing to pay for them, the UAW and Sierra Club have been at loggerheads. The Sierra Club routinely campaigns for the demise of SUVs. The UAW protests, citing freedom of choice in the marketplace and job protection for the thousands of Americans who make a living selling and servicing SUVs.
Also, there's this: Tens of thousands of small, fuel-efficient cars are assembled every year in the United States. But those cars are assembled by Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co., all of which the UAW, so far, has failed to organize. That's interesting, because while the UAW warns about the possible loss of American jobs to overseas markets, it generally says nothing about the nearly 70,000 largely nonunion jobs directly provided by foreign car manufacturers doing business in the United States.

Another curious point: In the February opinion piece, Gettelfinger and Pope argued that the Bush administration's vehicle-weight and -type approach to fuel-economy regulation would result in a "reduction in overall fuel economy and an increase in pollution."
That contention boggles my mind.
Here is the UAW, still thriving on the sales of big trucks, arguing that a potential increase in the sale of imported small cars in the United States would lead to more pollution. Here is the Sierra Club, which in the past has argued for the increased sales of smaller, more economical vehicles, championing the UAW's stand against increased sales of small-car imports.
The car companies say they are studying the Bush proposal, now under review at the National Highway Traffic Safety Administration.
In the interim, gasoline prices continue to rise. Some American consumers are beginning to shy away from the pickup trucks and SUVs built by the UAW. And European car buyers, beset by petroleum prices that are now nearly four times the equivalent dollar-price-per-gallon of regular unleaded gasoline in the United States, are driving some of the best, safest, most imaginative small cars ever made.
2004 The Washington Post Company
12-16-2008 07:07 PM
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BlazerFan11 Offline
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Post: #243
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
firmbizzle Wrote:
BlazerFan11 Wrote:
firmbizzle Wrote:Richard Shelby is willing to let the whole country including his own state "Alabama, which will also be affected' go into a financial tailspin because of his own special interests. There are several foreign auto companies who have built factories in the south with help and subsidies from American taxpayers money. Yes even money from American Autoworkers. We encouraged them and let them do it because we are not afraid of fair competion and we wanted to help create more American jobs in the South. Well now the shoe is on the other foot and Senator Shelby is unwilling to help those who helped him in the first place. In fact in his vengeance, he now wants to bite the hand that fed him. American Nameplate Autos (GM Ford & Chrysler) Now exceed or compare equally with the foreign competition.. American manufacturers (along with the rest of us) were caught off guard by outrageously high gas prices. Large vehicles were the bread and butter of American manufacturers and were profitable. We have several high quality vehicles that are getting better than even 30 MPG. That's a lot better than the competion. Even at this time several More high tech gas saving American Autos are being readied to be introduced. The financial crisis is now making it difficult for potential buyers to get a loan. Well You Ain't Seen Nothin Yet. If Shelby gets his way and destroys American industry. Three million jobs will be lost the first year. Two and a half million jobs will be lost in the following two years and soon your job, if you still have one will be lost. Someone should tell Senator Richard Shelby that this is the "UNITED" States of America. He's playing with fire.

03-banghead

If Shelby & Sessions had voted for the financial bailout, your argument might hold (a little) water, but they didn't.

High gas prices caught us off-guard? Maybe you, because obviously your head is firmly entrenched in your intestines if you think that anyone outside of Alabama paid for the manufacturing plants here. However, economists have been saying for years that gas prices would go up (due in large part to skyrocketing demand in China and India). That's why Toyota, Honda, etc. shifted much of their R&D resources to building more fuel-efficient vehicles, while the Big Three continued to pimp gas-guzzlers like there was no tomorrow. Not coincidentally, Toyota, Honda, and most other foreign manufacturers are doing fine on their own.

You act as if every single job related to the U.S. auto industry will be lost. It won't happen. You also have to understand that this "loan" is only going to keep their heads above water until March, when they will come back and beg for more money (up to $100 bn). Essentially, they will be paying off a "loan" with another "loan" that they have a very small chance of paying back. I think even you, with your embarrassingly low understanding of economics, can realize that isn't good. You can call it a "loan" all you want, but it is essentially a subsidy that will do nothing but save the company temporarily. Meanwhile, the economic impact of the Southern plants will offset any lost revenues from tax breaks, land gifts, or free utilities within just a few years. If Michigan wants to prop up the Big Three...more power to them.

You obviously know nothing about the automotive industry. This isn't a Michigan problem. There are plants, supplies, distributors, and tangential companies related to the Big 3 all over the county. The Big 3 made "gas-guzzlers" because that is what Americans wanted, and that what made them money. It's also not just about cars. For national security reason the United States must have an American motor company. The countries that make the foreign competitors understand this, and is why they are bailing out their car companies. Who cares if it's a loan that they can't pay back? The alternative of losing 6 million jobs in 2 years will cost way more.

03-lmfao I work in the automotive industry, for a company that relies heavily on the Big Three (why we don't already use more foreign vehicles is beyond me).

So basically, we will be attacked by terrorists if these companies fail? I thought the Republicans were supposed to be the fearmongerers?

Don't you understand...if they aren't able to pay back the "loan," it is because they are still going under? Some people are now saying that this "loan" will only buy them some time to prepare for a more organized Chapter 11 filing, so it's not a question of "if", its a question of "when."

03-banghead
12-17-2008 10:04 AM
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WoodlandsOwl Offline
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Post: #244
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
BlazerFan11 Wrote:
firmbizzle Wrote:
BlazerFan11 Wrote:
firmbizzle Wrote:Richard Shelby is willing to let the whole country including his own state "Alabama, which will also be affected' go into a financial tailspin because of his own special interests. There are several foreign auto companies who have built factories in the south with help and subsidies from American taxpayers money. Yes even money from American Autoworkers. We encouraged them and let them do it because we are not afraid of fair competion and we wanted to help create more American jobs in the South. Well now the shoe is on the other foot and Senator Shelby is unwilling to help those who helped him in the first place. In fact in his vengeance, he now wants to bite the hand that fed him. American Nameplate Autos (GM Ford & Chrysler) Now exceed or compare equally with the foreign competition.. American manufacturers (along with the rest of us) were caught off guard by outrageously high gas prices. Large vehicles were the bread and butter of American manufacturers and were profitable. We have several high quality vehicles that are getting better than even 30 MPG. That's a lot better than the competion. Even at this time several More high tech gas saving American Autos are being readied to be introduced. The financial crisis is now making it difficult for potential buyers to get a loan. Well You Ain't Seen Nothin Yet. If Shelby gets his way and destroys American industry. Three million jobs will be lost the first year. Two and a half million jobs will be lost in the following two years and soon your job, if you still have one will be lost. Someone should tell Senator Richard Shelby that this is the "UNITED" States of America. He's playing with fire.

03-banghead

If Shelby & Sessions had voted for the financial bailout, your argument might hold (a little) water, but they didn't.

High gas prices caught us off-guard? Maybe you, because obviously your head is firmly entrenched in your intestines if you think that anyone outside of Alabama paid for the manufacturing plants here. However, economists have been saying for years that gas prices would go up (due in large part to skyrocketing demand in China and India). That's why Toyota, Honda, etc. shifted much of their R&D resources to building more fuel-efficient vehicles, while the Big Three continued to pimp gas-guzzlers like there was no tomorrow. Not coincidentally, Toyota, Honda, and most other foreign manufacturers are doing fine on their own.

You act as if every single job related to the U.S. auto industry will be lost. It won't happen. You also have to understand that this "loan" is only going to keep their heads above water until March, when they will come back and beg for more money (up to $100 bn). Essentially, they will be paying off a "loan" with another "loan" that they have a very small chance of paying back. I think even you, with your embarrassingly low understanding of economics, can realize that isn't good. You can call it a "loan" all you want, but it is essentially a subsidy that will do nothing but save the company temporarily. Meanwhile, the economic impact of the Southern plants will offset any lost revenues from tax breaks, land gifts, or free utilities within just a few years. If Michigan wants to prop up the Big Three...more power to them.

You obviously know nothing about the automotive industry. This isn't a Michigan problem. There are plants, supplies, distributors, and tangential companies related to the Big 3 all over the county. The Big 3 made "gas-guzzlers" because that is what Americans wanted, and that what made them money. It's also not just about cars. For national security reason the United States must have an American motor company. The countries that make the foreign competitors understand this, and is why they are bailing out their car companies. Who cares if it's a loan that they can't pay back? The alternative of losing 6 million jobs in 2 years will cost way more.

03-lmfao I work in the automotive industry, for a company that relies heavily on the Big Three (why we don't already use more foreign vehicles is beyond me).

So basically, we will be attacked by terrorists if these companies fail? I thought the Republicans were supposed to be the fearmongerers?

Don't you understand...if they aren't able to pay back the "loan," it is because they are still going under? Some people are now saying that this "loan" will only buy them some time to prepare for a more organized Chapter 11 filing, so it's not a question of "if", its a question of "when."

03-banghead

Its an issue of what they do with the Federal Bailout money (if/when they get it).

If they use the money and pay up what they owe in the underfunded Pension Plans, it makes them a much more attractive prospect for a purchase outside of Bankruptcy. That way the execs keep all their golden parachutes and seats on the Board.

But if they don't restructure and try "business as usual" then they will be going down the drain .. the money only saves them 15 years or so.
12-17-2008 10:16 AM
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firmbizzle Offline
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Post: #245
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
DrTorch Wrote:
firmbizzle Wrote:You obviously know nothing about the automotive industry. This isn't a Michigan problem. There are plants, supplies, distributors, and tangential companies related to the Big 3 all over the county. The Big 3 made "gas-guzzlers" because that is what Americans wanted, and that what made them money.

Really? Then why do I keep posting this article?

Politics Keeps Great Cars Off Our Shores
By Warren Brown
Washington Post Staff Writer
Sunday, May 16, 2004; Page G02
Car culture is more than glistening sheet metal and roaring engines. It's also politics. Consider the matter of fuel economy.
You'd think that with regular unleaded gasoline prices topping $2 a gallon in the United States, both government and automotive industry officials would be hard at work developing practical, workable solutions to reduce fuel consumption.
You'd think that companies such as General Motors Corp., Ford Motor Co. and DaimlerChrysler AG -- all of which do a splendid job of selling snazzy, fuel-efficient little cars overseas -- now would jump at the opportunity to sell many of those same models in America.
Most certainly, you'd think that stalwart environmental groups such as the Sierra Club would support such a move.
You'd better think again.
The same GM that sells economical but zippy Opel Astra cars and wagons in Germany is reluctant to ship them to the United States primarily because it does not want to get into trouble with the United Auto Workers union.
U.S. automotive executives, of course, never come right out and say that. They offer other seemingly plausible reasons for keeping their hot little runners in Europe. They argue that Americans, even with rising fuel prices, don't really like small cars -- the success of models such as the Mini Cooper, Mazda3 and Toyota Prius notwithstanding.
The executives also point to "unfavorable currency exchange rates." Put another way, building and shipping cars in strong euros and selling them in weak dollars is not a recipe for profitability -- especially not in a U.S. market where many consumers equate small cars with low prices, which means they would be reluctant to pay extra money to make up the dollar-euro deficit.
But if you listen carefully to the corporate demurrals, you'll hear something else. "We have a partnership with the UAW, and we have to work with them," G. Richard Wagoner Jr., GM's chairman and chief executive officer, said in a recent interview in St. Tropez, France.
To better understand that politesse, you may want pull from the archives an Op-Ed column that appeared in the New York Times on Feb. 18. The piece, co-authored by UAW President Ron Gettelfinger and Sierra Club Executive Director Carl Pope, attacked a Bush administration proposal to base federal fuel-economy standards on vehicle weight and type.
That proposal, still nascent, effectively would set up different fuel-economy standards for different vehicle categories -- a radical turnabout from the current broad-brush approach of setting one overall standard for "trucks" and another for "cars."
Under that current "corporate average" fuel economy (CAFE) standard, car companies are forbidden from using their foreign fleets to get a better overall fuel economy rating. For example, cars sold as imports cannot be counted for CAFE fleet-averaging reasons with those sold as domestics. They must be counted separately.
The effect of the current CAFE rule, Gettelfinger and Pope said in their editorial, "has been to keep good jobs in America."
"Without a fleet-wide standard, the auto companies would be free to shift the production of smaller, less profitable vehicles from the United States to overseas."
Put another way, the UAW does not make many of those small, fuel-efficient cars. It makes bigger, less-fuel-efficient pickup trucks and sport-utility vehicles, which brings up another point. In the matter of SUVs, whose sale I support as long as consumers are willing to pay for them, the UAW and Sierra Club have been at loggerheads. The Sierra Club routinely campaigns for the demise of SUVs. The UAW protests, citing freedom of choice in the marketplace and job protection for the thousands of Americans who make a living selling and servicing SUVs.
Also, there's this: Tens of thousands of small, fuel-efficient cars are assembled every year in the United States. But those cars are assembled by Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co., all of which the UAW, so far, has failed to organize. That's interesting, because while the UAW warns about the possible loss of American jobs to overseas markets, it generally says nothing about the nearly 70,000 largely nonunion jobs directly provided by foreign car manufacturers doing business in the United States.

Another curious point: In the February opinion piece, Gettelfinger and Pope argued that the Bush administration's vehicle-weight and -type approach to fuel-economy regulation would result in a "reduction in overall fuel economy and an increase in pollution."
That contention boggles my mind.
Here is the UAW, still thriving on the sales of big trucks, arguing that a potential increase in the sale of imported small cars in the United States would lead to more pollution. Here is the Sierra Club, which in the past has argued for the increased sales of smaller, more economical vehicles, championing the UAW's stand against increased sales of small-car imports.
The car companies say they are studying the Bush proposal, now under review at the National Highway Traffic Safety Administration.
In the interim, gasoline prices continue to rise. Some American consumers are beginning to shy away from the pickup trucks and SUVs built by the UAW. And European car buyers, beset by petroleum prices that are now nearly four times the equivalent dollar-price-per-gallon of regular unleaded gasoline in the United States, are driving some of the best, safest, most imaginative small cars ever made.
2004 The Washington Post Company

Have you heard of Geo? or Saturn? They make the exact cars that you are talking about. They have been around since the early 90's. They didn't make them money. They were simply entry level vehicles to get people into the more expensive cars/truck. The trucks and SUV's made the money.
12-17-2008 10:58 AM
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Tripster Offline
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Post: #246
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
.

All we need to do is this simple thing:

Find our Wives a Girlfriend and all Us Guys go Brokeback !!!!

We overthrow Washington D.C., Declare Gay Marital Law (check the spelling on Marital now).

Go 100% Fundamentalist Freaks and Elect Rosie O'Donnell as our President - - all guys are going to be Gay any way - - so we need not worry that Rosie is a Kanker Skanker from Winoville.

And we Constitutionally Create a Whole Season Off From Work called the "Pissed Off PMS'ing Fundamentalist Gay Seasons" and we call up Bin Laden and tell him that we are ready to TALK.

We will never see another Terrorist AGAIN !!!!!!!!!!!!!!!!!!!!!!!!!


.
12-17-2008 12:44 PM
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BlazerFan11 Offline
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Post: #247
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
Bump.

With the news that GM is yet again staring Chapter 11 in the face (according to their auditors), I would like for all the libs that told us that the gov't needed to swoop in and "save" Detriot to explain how they were right, and us conservatives, who said that it wouldn't make a difference (that the money would only last until March and they would end up filing for bankruptcy anyways), were wrong. Do you think we should throw another $30 bn down the rathole, or is it finally time to give up?
03-05-2009 02:56 PM
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Post: #248
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
Damn, reading through this would lead one to believe that I can get pretty worked up at times. 03-lmfao
03-05-2009 03:01 PM
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Post: #249
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
(03-05-2009 03:01 PM)Rebel Wrote:  Damn, reading through this would lead one to believe that I can get pretty worked up at times. 03-lmfao

Ya think?
03-05-2009 03:51 PM
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GGniner Offline
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Post: #250
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
Have no fear, Congressional Motors is here and ready to bring back the glorious 70's style to save the day! Check out the new Pelosi Model!

03-05-2009 03:57 PM
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supertiger Offline
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Post: #251
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
(03-05-2009 02:56 PM)BlazerFan11 Wrote:  Bump.

With the news that GM is yet again staring Chapter 11 in the face (according to their auditors), I would like for all the libs that told us that the gov't needed to swoop in and "save" Detriot to explain how they were right, and us conservatives, who said that it wouldn't make a difference (that the money would only last until March and they would end up filing for bankruptcy anyways), were wrong. Do you think we should throw another $30 bn down the rathole, or is it finally time to give up?

I fear that the Big 3 is simply going to blow through every billion we give them.

Einstein said, "Insanity is doing the same thing over and over expecting different results."
03-05-2009 04:13 PM
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GGniner Offline
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Post: #252
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
GM and Ford are basically Union controlled, Govt. funded, Retirment centers who also happen to make cars, bad cars at that.
03-05-2009 04:15 PM
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Post: #253
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
FORD has not taken any many. They are unfortunately getting the bad PR because the other 2 of the 'Big 3' did and most Americans are too damned stupid to know any better.

It is well past time for GM to file bankruptcy.
03-05-2009 06:21 PM
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Post: #254
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
(03-05-2009 06:21 PM)BamaBlazer Wrote:  FORD has not taken any many. They are unfortunately getting the bad PR because the other 2 of the 'Big 3' did and most Americans are too damned stupid to know any better.

It is well past time for GM to file bankruptcy.

Amen.... let 'em go. Kumma, kumma Susser Tod ! It's over . 03-weeping
03-05-2009 10:02 PM
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smn1256 Offline
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Post: #255
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
(03-05-2009 06:21 PM)BamaBlazer Wrote:  It is well past time for GM to file bankruptcy.

I'd love to be a fly on the wall at UAW headquarters.
03-05-2009 10:23 PM
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Post: #256
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
(03-05-2009 06:21 PM)BamaBlazer Wrote:  FORD has not taken any many. They are unfortunately getting the bad PR because the other 2 of the 'Big 3' did and most Americans are too damned stupid to know any better.

It is well past time for GM to file bankruptcy.
YEah, that will be a big boom for Alabama won't it? You wouldn't happen to be biased because just about the only thing your state exports are "foreign" cars and Bibles(well, maybe not Bibles). 05-stirthepot
(This post was last modified: 03-06-2009 05:02 AM by RobertN.)
03-06-2009 05:01 AM
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BeliefBlazer Offline
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Post: #257
RE: Adios Detroit, .... Big 3 Bailout dies in Senate.
(03-06-2009 05:01 AM)RobertN Wrote:  YEah, that will be a big boom for Alabama won't it? You wouldn't happen to be biased because just about the only thing your state exports are "foreign" cars and Bibles(well, maybe not Bibles). 05-stirthepot

I was born in Florida and live in Georgia. 03-razz

Companies that lose that much money either go bankrupt or close. Plain and simple. The government has no business supporting GM's ineptitude.
03-06-2009 05:35 PM
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