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A $25 Billion Lifeline for GM, Ford, and Chrysler
US News and World Report ^ | 9/24/2008 | Rick Newman

Posted on 09/24/2008 6:58:14 PM PDT by bruinbirdman

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To: KansasGirl
[”It seemed like a lot when we first started pushing this,” says Democratic Sen. Debbie Stabenow of Michigan, one of the bill’s sponsors. “Suddenly, it seems so small.” ]

To Debbie does Detroit, a hundred pounds seems so small.

yitbos

81 posted on 09/24/2008 8:14:32 PM PDT by bruinbirdman ("Those who control language control minds." - Ayn Rand)
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To: HereInTheHeartland

You put 70,000 miles on the vehicle in under 2 years of driving? Assuming you purchased them new and properly maintained them throughout, I’d say you got unlucky this time. Cars are extremely complex and getting more complex every year. No matter what, premature failures occur. They happen with Toyota and Nissan, too. I know that’s small consolation if you feel you personally were screwed, but a lot of people put 70,000 miles on their Fords with no serious problems whatsoever. If you look at the rating agencies, you’ll see that American cars rate pretty well. They aren’t perfect, of course, but nothing ever is.


82 posted on 09/24/2008 8:15:57 PM PDT by CitizenUSA (Voting proudly for GOVERNOR Palin for VP!)
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To: bruinbirdman

The American automakers should be allowed to fail if that is their fate. The mistakes of management combined with unreasonable union demands and caused the catastrophes that currently plague them. More money with no strings attached will just encourage them to repeat the mistakes of the past, and this should not be allowed.


83 posted on 09/24/2008 8:15:59 PM PDT by LiberalsSpendYourMoney (Barry, you're more racist than 99% of Americans. And you're ugly.)
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To: MaxMax

“Unions should be left to destroy the companies they shake down.
It’s a good way to get rid of the corruption.”

-

Clue for sale:

Communist China (which we’re sending our factories to) is one, big. Big. Big Union.

The Union Bosses?

The CCP Central Committee.

As long as we’re supporting unions, let’s at least support AMERICAN unions.

Just a thought.


84 posted on 09/24/2008 8:19:47 PM PDT by Cringing Negativism Network (CHEVY VOLT COUNTDOWN: V minus 92 Weeks. Waiting...)
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To: Cringing Negativism Network
Karl Marx would be so proud of you, you proletariat hero. Preach on, comrade. The bourgeoisie know nothing of their sins.

/s

In all seriousness, dude, we're not bashing the American autowrokers. We're not calling them stupid. However, this doesn't mean that we should bail these companies out. They've been mismanaged for the last decade+, and now I think it's time to let them fail. I'm tired of taxpayer money being dispensed with no strings attached. If they want a taxpayer bailout, they need to have more taxpayer intervention in their operations. I realize that I'm proposing socialism-but who is forcing these companies to take taxpayer dollars? Is the federal government running to Detroit and telling GM that they MUST take this money? NO. I don't think it's unreasonable to expect an American company seeking money (TAXPAYER money) to agree to some preconditions before the money is released.

85 posted on 09/24/2008 8:20:02 PM PDT by LiberalsSpendYourMoney (Barry, you're more racist than 99% of Americans. And you're ugly.)
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To: LiberalsSpendYourMoney

“Buy Chinese”!

/s


86 posted on 09/24/2008 8:21:33 PM PDT by Cringing Negativism Network (CHEVY VOLT COUNTDOWN: V minus 92 Weeks. Waiting...)
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To: CitizenUSA

I have my last ford 250, transmission went out at 120,000, completely rebuilt front end, last month, tail gate fell off at about three years of age. You want me to tell you about my nephews ford f350, he had the ford dealer rebuilt the transmission twice, it was going bad when he sold it.


87 posted on 09/24/2008 8:24:19 PM PDT by org.whodat (Republicans should support the SAM Walton business model, and then drill???)
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To: right way right

So, tell me why merp’s (on this board) Terminator Cobra has a rag used as an insulator between the gas tank skid plate and the gas tank, why Ford screwed up the undercoating and it’s started to rust (or did before we got to it), and the Taurus bushings in the rear IRS are shot after less than 30,000 miles?

Ford makes better vehicles than they used to, they’re not embarassing any more per se... but they’re not “fine”. As a Jaguar owner and fanatic, the Jags that were shared Ford designs were actually worse than the last Jaguar-only designs that preceded them.


88 posted on 09/24/2008 8:24:27 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Cringing Negativism Network
$25B is too late in Las Vegas. Three Chevy dealerships closed up this week.

yitbos

89 posted on 09/24/2008 8:24:29 PM PDT by bruinbirdman ("Those who control language control minds." - Ayn Rand)
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To: Cringing Negativism Network

I don’t support any Union..


90 posted on 09/24/2008 8:25:03 PM PDT by MaxMax (I'll welcome death when God calls me. Until then, the fight is on)
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To: org.whodat

My son bought a new Ford this year and the transmission went bad on it when it was still brand new. They offered to put a rebuilt tranny in for him. He told them to put in a new one or talk to his lawyer.


91 posted on 09/24/2008 8:26:55 PM PDT by Joya (Lord Jesus Christ, Son of God, Savior, have mercy on me, a sinner.)
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To: Cringing Negativism Network
“Buy Chinese”!

/s

Probably 70% of the parts are made in china today.

92 posted on 09/24/2008 8:26:56 PM PDT by org.whodat (Republicans should support the SAM Walton business model, and then drill???)
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To: CitizenUSA
I drive a 1995 Nissan Maxima with 260k on the odometer and the original transmission. The Japanese parts are more expensive but if you do the work yourself like I do with my trusty Haynes manual, it's really not that expensive.

I'll never buy an American car again. Not after my dad's experiences with Dodge Caravans and Plymouth Acclaims.

93 posted on 09/24/2008 8:28:59 PM PDT by LiberalsSpendYourMoney (Barry, you're more racist than 99% of Americans. And you're ugly.)
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To: Spktyr

I do not recognize the logo. It looks a little like CBS.


94 posted on 09/24/2008 8:30:13 PM PDT by businessprofessor
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To: MaxMax

Therein, lies the hugh irony.

You buy nothing made in China?...

Just what, do you suppose the Communist workers (contracted) from the centrally controlled Chinese government (which controls all hiring and personnel matters in “American” factories there), represent?

One. Increasingly powerful. Increasingly skilled.

Union.

Fundamentally hostile, to our national security.

If you honestly don’t support *that* union with your purchases almost every day - the largest and most powerful labor union on Earth - I will retract.

Somehow, I don’t think I’ll have to.


95 posted on 09/24/2008 8:30:55 PM PDT by Cringing Negativism Network (CHEVY VOLT COUNTDOWN: V minus 92 Weeks. Waiting...)
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To: org.whodat
Bill Herd, the largest Chevrolet Dealer in the U.S. announced today, in Las Vegas, they would be closing as of the end of business today. Herd owns 16 dealerships, and employed 3700 people. Citing high fuel costs, GMC unable to floor plan his vehicles, and Herds inability to get local financing led to the decision to close all dealerships..
96 posted on 09/24/2008 8:31:23 PM PDT by BooBoo1000 (Some times I wake up grumpy, other times I let her sleep/)
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To: businessprofessor

It’s a modded version of the British Leyland logo - you know, the *last* big nationalized auto conglomerate?


97 posted on 09/24/2008 8:32:01 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: bruinbirdman

bump


98 posted on 09/24/2008 8:34:02 PM PDT by VOA
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To: bruinbirdman

Can I have a bailout? Maybe I can give myself a $22 million bonus, resign, and then have the government honor my debts?


99 posted on 09/24/2008 8:35:08 PM PDT by CodeToad
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To: LiberalsSpendYourMoney
"The American automakers should be allowed to fail if that is their fate."

It's not like their strategic materials, eh?

yitbos

100 posted on 09/24/2008 8:39:58 PM PDT by bruinbirdman ("Those who control language control minds." - Ayn Rand)
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