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BARNEY FRANK WANTS TO NATIONALIZE THE US AUTO INDUSTRY
FOXNEWS | 11/12/08 | FOXNEWS

Posted on 11/12/2008 1:51:23 PM PST by penelopesire

FOX NEWS ALERT on Cavuto just now. Frank proposing legislation to 'partly' nationalize auto industry in America! Unfreakinbelievable!


TOPICS: Breaking News; Government; News/Current Events; US: Massachusetts; US: Michigan
KEYWORDS: 110th; alternatelifestyles; america; autoindustry; automakers; barneyfrag; barneyfrank; congress; corruption; democrat; democrats; detroit; economy; frank; fraud; marxistfaggot; obama; obamatransitionfile; senate; socialism; socialist; socialists; stockmarket; taxes; usgovernment; wallstreet
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To: BlueStateBlues

” Hitler designed the Volkswagon”

Porshe designed it for Hitler


121 posted on 11/12/2008 2:30:11 PM PST by Western Phil
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To: Steamburg
Frankmobile. Somehow it brings up some troubling images.

Looks like, smells like, and sounds like crap, but there is no limit to what you can shove into the trunk.

122 posted on 11/12/2008 2:30:20 PM PST by BlueMondaySkipper (Involuntarily subsidizing the parasite class since 1981)
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To: kcvl

I think that is something different from this nationalizing rubbish. The other link said that the Bush Administration ‘is cool’ to the idea. But who really knows at this point?

We are in for some very scary times. Australia is looking better by the day.


123 posted on 11/12/2008 2:30:50 PM PST by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: penelopesire
Well I have been driving cars for over 40 years now and have never once ever owned a 'foreign' car. Every one has been from one of the Big Three.

But if they nationalize the auto industry, my next car will be an import.

124 posted on 11/12/2008 2:31:37 PM PST by Ditto (Global Warming: The 21st Century's Snake Oil)
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To: penelopesire

Why not? Our ‘conservative’ Republican President partially nationalized banks. Partial nationalization of key industries is doubleplus good policy during economic crises. And remember, we’ve always been at war with Eastasia.


125 posted on 11/12/2008 2:31:41 PM PST by The_Reader_David (And when they behead your own people in the wars which are to come, then you will know. . .)
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To: NoControllingLegalAuthority
They may be able to nationalize the American auto companies but how are they going to make us buy their crappy cars?

They now own the banks that loan you the money, it would not be hard to crowd-out the competition with higher interest rate on imports. It's an isolationists dream come true.

126 posted on 11/12/2008 2:32:18 PM PST by JrsyJack
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To: penelopesire

Oh great! A government run store for car parts. Yeah,that will work.


127 posted on 11/12/2008 2:32:24 PM PST by 4yearlurker (Want to be lied to? Turn on your TV.)
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To: Brett66
"I wonder what happens when the government runs out of money? Or print so much that the dollar’s value dwindles to nothing?"

Wat? He'll just make up the difference with a tax on prostitution!

128 posted on 11/12/2008 2:32:38 PM PST by StAnDeliver (Illegitimati Non Carborundum.)
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To: BlueStateBlues

Well, not exactly invent, but Adolf Hitler was indeed the driving force behind the car. In the 1930s, cars cost more than most people earned in a year. When Hitler became the chancellor of Germany in 1933, he promoted the idea of a car affordable enough for the average working person. The Volkswagen, which means “people’s car” in German, was essentially a political promise to win the public’s goodwill.
Hitler met with automotive designer Ferdinand Porsche in 1933 and charged Porsche with creating the new car. The chancellor required that the Volkswagen carry two adults and three children, go up to 60 miles per hour, get at least 33 miles per gallon, and cost only 1,000 reichsmarks. Hitler may also have named the car the Beetle.

In 1938, Hitler had the KdF Wagen factory built to produce the cars designed by Porsche. But by the time the factory was complete, Hitler had invaded Czechoslovakia and Poland. The factory was dedicated to building military vehicles, and the people’s car fell by the wayside during World War II.

After the war, the factory ended up in the British section of occupied Germany. The British military re-opened the factory, named it Volkswagen, and finally gave control of the company to the German government.

After 1948, Volkswagen introduced new models across Europe. By 1955, over 1 million cars had been built. The VW beetle started selling in the U.S., and in 1972 the people’s car overtook the Ford Model T to become the most popular car ever made.


129 posted on 11/12/2008 2:33:06 PM PST by Ingtar (For the first time in my adult life, I am NOT proud of America.)
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To: Ditto

“But if they nationalize the auto industry, my next car will be an import. “

That is until the gubmit *makes* you but one, herr comrade.....


130 posted on 11/12/2008 2:33:08 PM PST by scottdeus12 (Jesus is real, whether you believe in Him or not.)
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To: penelopesire

Welcome to the Union of socialist republic of the United States.....GO TO HELL FWANK!


131 posted on 11/12/2008 2:33:23 PM PST by AngelesCrestHighway
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To: penelopesire
Well, honestly, what does it matter now? GM is broke. Ford is broke. Chrysler should have been broke years ago.

This is all due to government regs and union power, combined with, yes, stupid management. I could see this happening: they "nationalize" it---the industry collapses further until no one buys any of their cars---and sometime in a Republican administration, a "Thatcher" moment occurs where British Leland is sold off (if it's still around at all). I hope GM/Ford/Chrysler stockholders immediately bailout.

132 posted on 11/12/2008 2:34:53 PM PST by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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To: penelopesire

The “Zil”ification of the US auto industry , can’t wait.


133 posted on 11/12/2008 2:35:21 PM PST by headstamp 2 (Been here before)
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To: Brett66

Its called a currency collapse and you get wiped out as nobody will take your money because it has no value.

Buy gold unless they decide to confiscate it (as in the FDR years) or Swiss Francs.

Its like musical chairs. When the music stops, you need to be out of dollars and safely into appreciating assets or you lose.


134 posted on 11/12/2008 2:37:22 PM PST by April Lexington
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To: penelopesire

We will all be in Trabants in no time..


135 posted on 11/12/2008 2:37:37 PM PST by sheik yerbouty ( Make America and the world a jihad free zone!)
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To: sionnsar

My parents had one just like that when I was a toddler. The thing I remember most about it was the axle falling off as we were backing out of a parking lot.


136 posted on 11/12/2008 2:38:12 PM PST by EEDUDE
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To: Ditto

Many of the foreign automakers have been opening plants all over the south. Maybe you can buy from them. They aren’t unionized.....yet.


137 posted on 11/12/2008 2:38:41 PM PST by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: penelopesire
He will probably demand 3 models, one for queers, one for lesbians, and a bicycle model for the rest of us.
138 posted on 11/12/2008 2:39:44 PM PST by dalereed
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To: Ditto

Kia is opening a plant here this spring. Local made with
no union.


139 posted on 11/12/2008 2:40:17 PM PST by jusduat (thinking about new tagline)
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To: Oldpuppymax
The British tried this in the 1970’s and it was a disaster. Most of the auto industry is gone now. The union/Labor crowd demanded government ownership and the results were predictable.
140 posted on 11/12/2008 2:40:20 PM PST by April Lexington
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