Political ThreadsThis section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:
They want a bail out fine, since it is my tax dollars the gov should give me a check made out to GM for the price of the vehicle I want, Gm should sell me the truck of my choice for 3,000.00 over cost that way they get their money back and then some, and I the tax payer get something for giving to corporate welfare.
IMO the Gov should have required every Bank that takes money to give some kind of credit the mortgage holders....
Lost income tax revenues, pension liabilities, increased unemployment compensation, foreclosures on home owners with upside-down equity, loss of value to stocks upon release high unemployment numbers, increased burden from people without health insurance, increased trade inbalance...
Those are some of the certain costs of GM failing - those events are a certainty.
Any way you slice it, its still sh_t pie. If you bail them out and they survive - its a huge win. But if you bail them out and they fail, its an even worse loss.
And just to add gravy to the pie. The person responsible for drafting the bailout bill for the House Financial Committee is none other than our own 'Hard Bottom' Barney Frank.
In front of a crowd of 75,000 people in Portland, Oregon, Barack Obama made the following statement:
“We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK”
Obama's limo will be a Caddy like no other
After President Obama takes the oath of office in January, he may have a shiny new black limousine to go along with his not-so-new White House. General Motors is believed to be putting the final touches on a new first car.
...
The photographer noted that the limousine was being tested, possibly for comparison purposes, with a pair of GMC Topkick medium-duty trucks. The limousine seemed to be riding on the same 19 1/2-inch Goodyear Regional RHS tires as the trucks, indicating that it is far heavier than a civilian Cadillac - even the longest stretch limousines built with the GM division's heavy-duty coachbuilder package. Indeed, it is believed that the limo is based on GM's 2500 line of trucks, which includes an extra-heavy-duty version of the Suburban.
...
Aircraft tie-downs welded to the chassis allow the limousine to be transported aboard a military cargo jet, which also often carries the Secret Service's Suburban escort vehicles and at least one limo used as a backup or decoy.
"GM and Toyota formed NUMMI (New United Motor Manufacturing Inc.) in 1984. The Fremont, California facility was Toyota’s first foray into American manufacturing and GM’s chance to learn about Toyota’s take on lean manufacturing. The 380-acre NUMMI facility currently cranks-out approximately 250k cars (Toyota Corolla, Pontiac Vibe) and 170k trucks (Toyota Tacoma) per year.
The NUMMI plant employs around 5440 “team members.” Some 4550 of these employees also play for the UAW. This makes NUMMI the only Toyota plant using UAW labor and one of the highest-labor-cost manufacturing facilities in the entire American automotive industry."
Mitsubishi Motors North America and the United Auto Workers said on Saturday that the union's members at the Normal, Ill., plant ratified a new four-year accord.
The deal expires Aug. 30, 2012, and covers 1,264 members of UAW Local 2488, the union said.
"The agreement includes provisions guaranteeing that production will continue" at the plant through August 2012 and provides job security for the workers, while keeping the company competitive in the U.S. market, Mitsubishi
Last edited by The Dad Fisherman; 11-12-2008 at 01:04 PM..
"If you're arguing with an idiot, make sure he isn't doing the same thing."
A little tidbit, post WWII, the Americans sent some of our best process engineers to Japan to teach what would become "lean" processing and six sigma. The Japanese mastered the techniques which have led to Japan being a leader in technology and eventually the automotive industry.
These techniques have been taught in the US (again) for decades but they have never been fully implemented by the US auto industry.
Same thing happened to the electronics industries in the U.S. this is history repeting itself and the govt. did not bail them out.
Originally Posted by Flaptail
"Throw plugs like we do that will cause them to suffer humility. Pogies make any fisherman look good when bass are around. Bait is easy."
Great thread and interesting reading the responses after being away for a few days.
All I have to say is buy plugs please I don't want to fillout the 47 page bailout application
The bailout application is only TWO i repeat TWO pages long!!!Credit card applications are longer and not for billions of dollars.
Originally Posted by Flaptail
"Throw plugs like we do that will cause them to suffer humility. Pogies make any fisherman look good when bass are around. Bait is easy."
Originally Posted by Flaptail
"Throw plugs like we do that will cause them to suffer humility. Pogies make any fisherman look good when bass are around. Bait is easy."
This was supposedly done by GM and posted on Youtube. This is BS they're lumping all three automakers together and using hocus pocus numbers to try and scare people into giving them money.
It's amazing how much this rhetoric has ratcheted up in the past few weeks.
I say let em fail and let the chips fall where they may. I've seen enough of this by now.
China is just drooling with anticipation. I am sure they are building warehouses right now to buy up every assembly line and robot...
This Country has sold its soul... Do all of you remember when we were told that to be a patriot you were supposed to buy american products???? Now the patriotic thing to do is stick your head in the sand so you can get %$%$%$%$ed in the ass...
"We're surprised that Senate Democrats would propose a bailout that fails to require automakers to make the hard decisions needed to restructure and become viable," White House spokeswoman Dana Perino said."
GEE I'M NOT
"Executives from the three companies are expected to amplify their calls for help at congressional hearings beginning on Tuesday."
no bailout for the big 3 under T a r p .
~
good news for us though...auto makers in Illinois
said they'd sell two cars for the price of one
the second car costs one dollar
The big three are correct about one thing they have to retool. So get rid of these tools at the top already.
Originally Posted by Flaptail
"Throw plugs like we do that will cause them to suffer humility. Pogies make any fisherman look good when bass are around. Bait is easy."
Did you see this morning on the news about them all taking seperate private jets to washington, to claim they're broke and beg for money, at a cost of around $20k each.....why didn't they just car-pool down....you know rent a mini van and leave on Monday morning, take turns driving....maybe hit a Waffle House or Denny's on the way for a meal...would have saved a few bucks.
"If you're arguing with an idiot, make sure he isn't doing the same thing."
Did you see this morning on the news about them all taking seperate private jets to washington, to claim they're broke and beg for money, at a cost of around $20k each.....why didn't they just car-pool down....you know rent a mini van and leave on Monday morning, take turns driving....maybe hit a Waffle House or Denny's on the way for a meal...would have saved a few bucks.