Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama: Auto industry collapse would be 'a disaster' (Obama displays his business ignorance)
cnn ^ | 11/16/2008 | cnn

Posted on 11/16/2008 4:43:03 PM PST by tobyhill

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-82 next last
To: ari-freedom
yeah because you have 4. If you had only 1 and depend on it for work, there could be an issue.

Sounds like a variation of "if it saves only one child, it's worth it". IOW, liberalism at its worst.

41 posted on 11/16/2008 5:25:44 PM PST by NittanyLion
[ Post Reply | Private Reply | To 32 | View Replies]

To: tobyhill

They’re all ignorant.

Nothing the Socialist Left have ever done turned out good.

They’re programs are a scam to skim and become fatcats while telling everyone else what they MUST DO.

It took lots of money to buy this so-called election. And the right are suppose to be the rich. HA

The guy at the bottom sees nothing but the same old welfare giveaways with what’s left over.


42 posted on 11/16/2008 5:25:49 PM PST by TribalPrincess2U
[ Post Reply | Private Reply | To 1 | View Replies]

To: ari-freedom
They are already broke.

Weak management went along with the union packages to avoid strikes which finally broke the company.

Does anyone blame smart companies for moving overseas? I don't.

43 posted on 11/16/2008 5:26:12 PM PST by BARLF
[ Post Reply | Private Reply | To 25 | View Replies]

To: tobyhill

He can make this his top priority on Jan 21st-provided they last that long.


44 posted on 11/16/2008 5:27:40 PM PST by HarleyD
[ Post Reply | Private Reply | To 1 | View Replies]

To: Crazieman
We are so screwed.

Not necessarily. Democrats aren't going to pass a bailout to Detroit without Republican votes. If Republicans do the smart thing and not support this, it will die on its own.

45 posted on 11/16/2008 5:30:57 PM PST by Extremely Extreme Extremist
[ Post Reply | Private Reply | To 2 | View Replies]

To: BARLF
Does anyone blame smart companies for moving overseas? I don't.

Do they do that because of the unions (high wages, etc. or/and because of taxes?

The guvmint needs to impose high taxes (or whatever they don't do) on vehicle imports and cut our taxes. That would be a great start.

46 posted on 11/16/2008 5:33:18 PM PST by TribalPrincess2U
[ Post Reply | Private Reply | To 43 | View Replies]

To: ari-freedom

Seriously, here’s the truth:

If you service your vehicle regularly, and you pick up some basic tools to work on your own car, it isn’t that difficult to keep it maintained, which prevents a very large proportion of the really expensive failures on cars.

You no longer need to do tune-ups - you only need to change the plugs, what, every 100K miles? You need to change your lubes - engine oil, transmission fluid, differential fluid, then you need to grease any tie rods, check the coolant, battery, power steering and (if you have a manual) clutch fluid, jack up each front wheel and wiggle the wheels to check ball joints, inspect/grease your u-joints and so on that need it.

Check your tire pressure, brake wear, shock absorbers, coolant level, oil level, transmission fluid level on a regular basis.

And there you go. If you don’t abuse it, what I’ve just spelled out makes a large difference in the lifespan of most any car. Working on most cars isn’t tough until you get into transmission repair or something that throws an engine computer “malfunction indication light” (MIL) which is car engineerese for the “check engine” light. The computer checks a bit more than just the engine, but you can now rent a box to read the codes at many auto parts stores, so you can pull the code to tell you what needs to be fixed, and then clear the code when you’ve fixed it.

Most all parts are available from sources other than the big three, especially if you have a car that is more than three years old. The first year I owned a new Powerstroke, you could not get some parts at NAPA. By the fourth year I owned the vehicle, there was very little that I needed that had to come through Ford Motor Co.


47 posted on 11/16/2008 5:34:47 PM PST by NVDave
[ Post Reply | Private Reply | To 25 | View Replies]

To: Extremely Extreme Extremist
If Republicans do the smart thing and not support this, it will die on its own.

They want the Repubs names on the bailout so they can get blamed either way.

48 posted on 11/16/2008 5:34:54 PM PST by TribalPrincess2U
[ Post Reply | Private Reply | To 45 | View Replies]

To: Extremely Extreme Extremist

That’s 1000% right. You can see the signs already — just like the Wall St. bailout, the DNC is looking for cover.

Well, now if the GOP merely sits down and helps themselves to a nice steaming cup of STFU, they can leave it all to the DNC. Anyone with a brain knows this is destined to fail and that the auto companies will be back very soon for a second helping. So the GOP should just allow the DNC to own this issue. It isn’t as tho the GOP is going to be losing legions of UAW votes over a thumbs-down on a bailout...


49 posted on 11/16/2008 5:36:43 PM PST by NVDave
[ Post Reply | Private Reply | To 45 | View Replies]

To: ari-freedom
yeah because you have 4. If you had only 1 and depend on it for work, there could be an issue.

Where there are buyers there will be sellers. As long as there is $$$ to be made, a need met soon becomes a need filled. Meaning someone -- individual and/or corporation, local shop and/or national chain -- will fill the need.

50 posted on 11/16/2008 5:48:49 PM PST by yankeedame ("Oh, I can take it but I'd much rather dish it out.")
[ Post Reply | Private Reply | To 32 | View Replies]

To: ari-freedom
one problem I have is that if you have a car from the Big 3, how would you be able to get service for it if they go broke?

You nailed it. As soon as there is a strong probability of bankruptcy, people need to assume that warranties are going to be worthless, and would require a reduced price to compensate. This wipes out any profit margin.

51 posted on 11/16/2008 5:50:59 PM PST by PapaBear3625 (Question O-thority)
[ Post Reply | Private Reply | To 25 | View Replies]

To: The_Reader_David
Well, he’s a leftist. Of course he is clueless about how economics actually works!

Not so clueless that he hasn't squirreled away all his money in state bonds.

52 posted on 11/16/2008 5:51:57 PM PST by yankeedame ("Oh, I can take it but I'd much rather dish it out.")
[ Post Reply | Private Reply | To 38 | View Replies]

To: NoControllingLegalAuthority

“It’s too late for that.”

Politically, but not necessarily economically. To survive on their own, of course, the big 3 would have to break the unions.

Already we see that McCain would have been the wrong man for the job. This calls for Margaret Thatcher.

It’s not as if the manufacturers don’t want to make cars that people actually like and are willing to buy; they are prevented from doing so because of the kind of relationship they are forced to have with labor. That’s what makes them non-competitive with other manufacturers. That’s what led them to run their businesses like socialist utopias for the past several decades.

By the way, what is happening to that one industry is a model of what happens to socialist countries as a whole. If the U.S. becomes a socialist country, who’s left to bail us out when the entire country’s economy collapses?

However, the U.S. auto industry as a whole is certainly a failure. Hussein’s philosophy, then, is to punish success (as he hinted to Joe the Plumber) and reward failure.

I guess this is the new “New Economics.”


53 posted on 11/16/2008 5:52:46 PM PST by GoodDay (Palin for POTUS 2012)
[ Post Reply | Private Reply | To 4 | View Replies]

To: bushbuddy

The Pubs better not cave on this.

.
free back scratcher for all that cave


54 posted on 11/16/2008 5:53:32 PM PST by Son House (Democrats Now Get Their Chance To Prove They Are "Good For The Economy")
[ Post Reply | Private Reply | To 14 | View Replies]

To: missanne

bookmark

thanks. I hope we will recall that message.


55 posted on 11/16/2008 5:56:29 PM PST by John Galt's cousin ("Gutsiest move I've ever seen, Mav" - Top Gun, 1986 Thanks for finding Palin for us.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: jwalsh07

I just asked a question. That doesn’t mean i support bailing out the unions.


56 posted on 11/16/2008 6:04:12 PM PST by ari-freedom (So this is how Liberty dies... with thunderous applause)
[ Post Reply | Private Reply | To 36 | View Replies]

To: ari-freedom

You’re right, I’m wrong. I was too harsh. I apologise.


57 posted on 11/16/2008 6:07:39 PM PST by jwalsh07
[ Post Reply | Private Reply | To 56 | View Replies]

To: TribalPrincess2U
Do they do that because of the unions (high wages, etc. or/and because of taxes? All of the above.

My grandson in Alabama works for a Korean Co. Non-union. They pay good wages, treat their employee's great. This Co. makes parts for US made cars.

58 posted on 11/16/2008 6:07:54 PM PST by BARLF
[ Post Reply | Private Reply | To 46 | View Replies]

To: N. Theknow

The same way people get parts and service on cars the Big 3 no longer make parts for or provide service or support.

so other companies would be able to service their cars? I wonder if there are rules (or any other obstacles) against this for parts that the Big 3 does provide.


59 posted on 11/16/2008 6:08:37 PM PST by ari-freedom (So this is how Liberty dies... with thunderous applause)
[ Post Reply | Private Reply | To 39 | View Replies]

To: tobyhill

Terms enabling lending or investing, allows management, labor, and government leaders to fabricate temporary shelters from market forces and voters revealing their ineptitude. Elections for 535 patricians returned most to Washington, when nearly all were decayed and wretched. One patrician even became president, though severely infected by gifts and influence from those precipitating the mortgage crisis. Now car companies and states also queue up for bailouts.

Government institutions nationalizing private sector firms feed addictions to power equivalent to individual addictions to chemicals or pornography. Individuals exchange personal freedom for perception of material security, but only postpone the looming reckoning.

Proper government involvement means the Federal Reserve, in concert with Treasury and Justice, applies persuasion to private sector firms. Brutal persuasion, just short of torture as condemned by Geneva Conventions, enables private companies to discover programs for market clearing asset prices. They also form new companies absent flagging management and labor attributes.

Whatever financial cost the country must pay now to adhere to principle pales before the later cost incurred, if markets are forced to merely postpone consequences. True solutions reaffirm the inevitability of market forces countermanding human laws, and incorporating risk within all economic activities.

Our Constitution says this country will promote the general welfare. It did not say the Treasury Secretary would ensure protection of home values, college funds, retirement accounts, life savings, homeownership, corporate wealth, political careers, and union benefits.


60 posted on 11/16/2008 6:14:35 PM PST by Retain Mike
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-82 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson