Posted on 08/22/2011 7:06:09 PM PDT by jazusamo
President and Government Motors drive consumers into a ditch
The U.S. auto industry wouldnt exist today if it werent for President Obama, or so he says. According to the White House, the 2009 $80 billion auto bailout - of which at least $14 billion was lost - not only saved the American auto sector but preserved 1 million jobs. If you believe that one, he has a $45,000 electric Chevy to sell you.
Earlier this month, at a Ford Motor Co. plant in Chicago, Mr. Obama even argued that Ford, which didnt take a federal handout, had him to thank for its success. If [Fords] competitors had gone down, they would have taken down a whole bunch of the suppliers you depend on, he said. The brand of American autos would have diminished. That would have had severe consequences for Ford, and thats the challenge we faced when I took office. This is an audacious claim. Its also baloney. Had its competitors vanished, Fords greatest challenge would have been to see how quickly it could ramp up production to snap up their market share.
In Minnesota last week, Mr. Obama lectured car companies to start investing in smaller cars. You cant just make money on SUVs and trucks, he declared. There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market. People are going to try to save money. Its the height of chutzpah for a wannabe executive with no business experience to think its his prerogative to tell carmakers that they need to understand the market, especially because its obvious Mr. Obama is the one who doesnt understand consumer behavior.
(Excerpt) Read more at washingtontimes.com ...
You bet he lies! I love these clips of him guaranteeing the warranties.
Hey BO, You’ll get my Dodge Cummins when you pry my cold dead hands from the steering wheel.
If they don’t make smaller cars, and their market dries up because people want smaller cars ... DON’T BAIL THEM OUT.
It is so simple I could scream.
What is so hard to understand? This is Business 101.
If you don’t know your market and you make the wrong things that people don’t want to buy, you go OUT OF BUSINESS.
Except in bizzaro America-land where we bail out failed companies. How many times have we bailed out auto companies in the last 35 years or so?
ENOUGH!
for = four
Don’t forget, pick-up truck drivers are likely racists or sending racist messages.
http://www.freerepublic.com/focus/f-news/2433618/posts
“..how wealth is created.”
“Well duh - by the government making all them dollar bills and stuff. Except we only make so many of them, so we gots to make sure they all flow around equally.”
But you’re from Texas where it’s mandatory.....;D
My Yukon has HD skulls and .45mm stickers.
What race am I offending?
Wimps?
LOL
Electric non 4x4 cars limit your range to run.
Ha! That sounds just like something the demented Olbie would rant on about.
A year ago I went in search of about a 2000-2004 Hi-Top Conversion van for family use to put a hydraulic wheelchair lift on and haul a motorized wheelchair. I could not find one within a 50 mile radius. Very few are now made. I ended up after a month finding a 1998 that had too do.
When we have to replace this van we will likely have to buy a used Dodge Sprint delivery van to handle the load. The governments one model or one type of vehicle fits all is not working out well for persons who need larger vehicles.
Free repair.
>> “Most of us in my neck of the woods learned to drive in a pickup truck.” <<
.
My wife learned to drive in a pickup, and I taught three of my kids how to drive in her pickup. (it was a compact with manual shift, and mine was way too big and heavy, and automatic)
>> “He belongs in prison.” <<
.
In a nutshell.
Umm, yeah, you can - if that's what people want to buy. It's called a free market. I know that goes against your big-government, centrally-planned, controlling-socialist grain, but that's life.
There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market.
Yeah, there's a place - in my driveway. Imagine, the audacity and idiocy of this {expletive} lecturing the only successful US car company on "the market." What a {expletive}
Well played Sir, well played.
What a moron, some us us have NO choice, we have to have a truck.......
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