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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

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To: tobyhill; Extremely Extreme Extremist
The $65,000.oo question:

Who is going to buy the damned cars???

61 posted on 11/16/2008 6:20:04 PM PST by Sir Francis Dashwood (LET'S ROLL!)
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To: missanne

Oh yeah that’ll help.


62 posted on 11/16/2008 6:21:33 PM PST by Tempest (Obama is not my president.)
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To: missanne

They are not blind but they would not see.


63 posted on 11/16/2008 6:26:29 PM PST by AmericanVictory
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To: tobyhill

It’s a lethal combination of economic ignorance and debt to the auto unions.


64 posted on 11/16/2008 6:32:54 PM PST by Aquinasfan (When you find "Sola Scriptura" in the Bible, let me know)
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To: tobyhill

Ross Perot tried to straighten them out many years ago when he was on the board of GM. Paid him many $many millions to go away and shut up. Kind of wishing now I’d bought a Tundra (made in TX.) or Titan (made in MS.) instead of the Silverado. Maxima or Camry instead of Saturn (wifes ride). $80,000 worth of union made stuff last summer. Sorry Freepers, I knew not what I was doing. I like my truck, but now feel kind of dirty in it.


65 posted on 11/16/2008 6:32:59 PM PST by IAMIUBU
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To: bushbuddy
The Pubs better not cave on this.

Absolutely. That's the only interesting aspect to this story. We know the Dems only care about placating the unions.

66 posted on 11/16/2008 6:35:52 PM PST by Aquinasfan (When you find "Sola Scriptura" in the Bible, let me know)
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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?

If there's a market need, someone will be there to fill it.

Bankruptcy really means reorganization, and the breaking of the union deathgrip on Detroit.

67 posted on 11/16/2008 6:39:17 PM PST by Aquinasfan (When you find "Sola Scriptura" in the Bible, let me know)
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To: Wisconsinlady

Obama is helping the Big 3 long enough until universal health care can be enacted and all that legacy health care liability can be taken off the books.

Then Obama can take our 401K’s and spread the wealth among all the retired autoworkers so the Big 3 wouldn’t have that obligation any longer.

And people will sit around scratching their heads and wondering why all their hard earned money went to support UAW member retirees living in retirement.

What a deal.


68 posted on 11/16/2008 6:43:27 PM PST by randita (2 Chronicles 7:14)
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To: NoControllingLegalAuthority

That won’t help. The Big 3 are only incidental carmakers.They are in the main health care and pension providers. A product of contracts that originate from a time when Toyota was still making jeeps and deuce and a halfs for UN forces in Korea, and competition to the Big 3 meant which carmaker could have the biggest Fall preview TV show.


69 posted on 11/16/2008 6:56:50 PM PST by xkaydet65
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To: ari-freedom

how would you be able to get service for it if they go broke?
__________________
Under bankruptcy they’ll continue to operate. It’ll just force them to drastically reorganize


70 posted on 11/16/2008 6:56:51 PM PST by Joan Kerrey
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To: NVDave
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. _____________________________ Oh, for heavens sake!!! Did it ever occur to you that some of us haven't the slightest idea how to even open the hood of a car or even know where the battery is. Oil? What oil and where does one put it? I'd probably fill up the radiator with oil and water the other openings. Good grief!!!!!!What kind of box does one rent? How do you pull the code? How are you told what needs to be fixed? Does a voice come out of the rented box? How does one clear the code?
71 posted on 11/16/2008 7:07:53 PM PST by Joan Kerrey
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To: tobyhill
Obama: Auto industry collapse would be 'a disaster'

Well it would be, for the union thugs.

72 posted on 11/16/2008 7:12:26 PM PST by ROCKLOBSTER (RATs...nothing more than Bald Haired Hippies!)
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To: missanne
we as Americans will not buy autos from the rescued car companies....

You shouldn't have to, they should be required to give them to us.

73 posted on 11/16/2008 7:15:19 PM PST by ROCKLOBSTER (RATs...nothing more than Bald Haired Hippies!)
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To: ROCKLOBSTER

LOL! Please everybody contact your Congress Critters just like we did over the illegal immigration...tie up their camn phone so they can’t get a call out! We should keep them under pressure! I’ve emailed and called everyday! The people answering the phones recognize my voice now! :_)


74 posted on 11/16/2008 7:28:13 PM PST by missanne (If we lost the war in Iraq, who won?)
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To: tobyhill

What does one expect from someone missing at least one wheel.


75 posted on 11/16/2008 7:29:32 PM PST by taxesareforever (Quick justice for the senseless killing of Marine Lance Cpl. Robert Crutchfield.)
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To: tobyhill
If the freakin’ federal government is so worried about the big three - they should just by up all the stock. Current market cap for BOTH GM and Ford combined is only $6.2 Billion - a whole $hitload less than $25B that will last them all of about 3 months until they're back for more. Let Nancy and Harry run the show. That should be amusing.
76 posted on 11/16/2008 7:52:46 PM PST by USMA '71
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To: tobyhill

The only disaster I see is that POS being elected President.


77 posted on 11/16/2008 7:58:23 PM PST by Marathoner (Down the drain with B Hussein)
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To: Joan Kerrey

Yea.

It also occurs to me that:

a) you’re not stupid,
b) you can learn,
c) once you do, you will realize that it is really not that difficult.

Really.

No, a voice doesn’t come out of the rented box. It will display a code, which has a letter and a number, and this can be looked up in a book that tells you what sensor is complaining. You clear the code by pressing the buttons on the code box to clear the code.

Look, you’re obviously operating a computer to tell me that you haven’t the slightest idea how to “even open the hood.” I worked my way through EE school by being a mechanic. I know which is more complicated: the modern computer or the modern car. You’re obviously operating a modern computer, to me, that means you’re intelligent enough to work on a car. You just need to have someone of whom you can ask questions and get honest answers, ie, someone who isn’t trying to shake you down.

If you’re able to successfully operate a modern computer, you can figure out a car. You might not LIKE working on a car, you might not LIKE getting dirty, and you might not want to do the heavier, more involved/complicated jobs on a car, but you’re clearly not stupid and therefore, you can learn how to service your own car - or at the very least, know when to look for signs of things going wrong.


78 posted on 11/16/2008 8:40:40 PM PST by NVDave
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To: Wisconsinlady

Bingo!


79 posted on 11/17/2008 3:04:56 AM PST by Jack Hammer (here)
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To: TribalPrincess2U
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.

Only if you want to turn a national rescission in to a global depression.

Google 'Smoot-Hawley Tariff'

80 posted on 11/17/2008 3:30:43 AM PST by dread78645 (Evolution. A doomed theory since 1859.)
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