Posted on 11/18/2008 9:08:55 PM PST by MittFan08
IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It wont go overnight, but its demise will be virtually guaranteed.
Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check.
(Excerpt) Read more at nytimes.com ...
Didn’t this same clown support the bailout of Wall street?
“The MITT haters are on the way!”
__________________________
lol. i think some of them have “mitt” keyword detectors that sounds off an alarm. usually by the 3rd or 4th comment in any Mitt-related thread you can find “slick williard”, “flip-flopper”, “RINO”, and few more oldies but goodies.
more predictable than a doe in heat.
"Did IQ's just drop sharply while I was away?" (Ripley)
No. The real issues are that ROmney was a "C" or worse politician.
and that YOUR candidate and Master, Myth Romney
THREW Election2008, by indirectly encouraging attacks by junior staffers
and their wives, to Obama. Sick behavior which makes
"Benedict Arnold"-Romney the "tuberculosis" infecting the GOP
and any 'idea' of his unreliable and possible another 'Trojan horse' for Romney.
Peeking Out From the McCain Wreckage: Mitt Romney
Someone's got to say it: IS MITT ROMNEY RESPONSIBLE FOR OBAMA'S VICTORY?
Vanity: Team Romney Sabotaged Palin and Continuing to Do So?
And you are a phone economist fleecing MIT for Romney.
#2 is NOT 'protectionist'. It is call 'tax credits' for R&D.
You have just again exposed yourself as a
PRO-TAX PRO-ROMNEY PRO-SOCIALIST who no doubt relishes to also work for Obama.
Mitt is right.
Their disgusting hatred is so despicable, it's personal... Really personal.
The majority of the American auto industry is doing just fine, employing hundreds of thousands of employees and building quality cars that people want.
I like the article,
I particularly like,
Each car builty by the big three HAS A “UNION PENALTY” builty into it!
If you would like to be added or dropped from the Michigan ping list, please freepmail me.
This is the first post I have been able to make in the last two days. I hope all the tech problems are ironed out.
That’s something I never expected to hear from him. I guess he really is through with elective politics.
No. You made the original assertion, so you cite the evidence that 'joe-six pack' WON'T buy a car from an American manufacturer in Chapter 11.
-btw Did folks stop flying on United while it got restructured?
Many of the same people that line up to hammer Mitt's policies and flip-flopping chugged McCain's kool-aid on amnesty, campaign finance, and now “getting along” with the president elect. You can make a similar list of flip-flops with every candidate.
There are no PURE candidates on the conservative side. Reagan wasn't pure as governor of California. If we want to win we have got to stop ripping our own people apart if they don't agree with us on every single issue. A long bloody primary doesn't help anybody but the Dems.
The true RINOS are the people who want to “work together” with the other side. If the voters you Republicans represent wanted you to get along with the other party they would have just elected another Democrat. These are the people we need to jettison.
I would much rather have someone I disagree with on one issue who won't compromise with the Dems than someone who is with me on all issues but wants to run the “compassionate conservative” route.
If Romney was capable of launching a nefarious plot to “throw” the 2008 election, that would make him pretty powerful.
Conspiracy theories are no less hilarious when advanced by those on the right. You seem to see mormons in every closet and under every bed, looking to destroy your way of life.
In the real world, Mitt Romney has more important things to do than to launch a grand conspiracy to destroy a 1-term governor from Alaska, something that in the real world was accomplished by the media and the left.
But some people just want to find other people to blame.
You betcha!
“Feel free to document anything that you believe disproves that. “
If he didn’t say it, how can someone show you documents to disprove it?
No his focus was getting the FEDs and the beauracracy off the back of the auto indusrty allowing them to actually compete.
Romney from a Detriot Economic Speech "Washington has to stop loading Detroit down with unfunded mandates. Of course fleet mileage needs to rise, but discontinuous CAFE [Corporate Average Fuel Economy] leaps, uncoordinated with the domestic manufacturers, and absent consideration of competitiveness, kills jobs and imperils an industry."
From the debate...
Mitt Romney: It's everybody's job. It's inexcusable that Michigan is undergoing a one-state recession, that the rest of the country is growing and seeing low levels of unemployment, but Michigan is seeing ongoing high levels of unemployment, almost twice the national rate. Industry is shrinking here, jobs are going away.
This is just unacceptable, and therefore, everyone's going to have to come together to solve the problem. And that means from the president's standpoint, the president's going to have to stand up and say: You know what? -- to the auto industry -- the door's always open. We're going to work with you and make sure that you have a listening hear and someone who will participate with labor and with management.
Number two, we're going to make sure that we invest in technology and research -- a lot of that relating to energy, fuels; automotive research like material science to help boost Michigan once again. We're going to have to fix the schools; as Newt Gingrich pointed out, 22 percent of Detroit kids don't -- or excuse me -- 22 percent graduate from high school. That's unacceptable. We're also going to have to do a better job keeping our taxes down. Jennifer Granholm has made a big mistake by raising taxes. I was, frankly, a little nervous to -- by being here tonight. I figured that she was going to put a tax on the debate before we got finished. (Laughter, applause, cheers.)
And we're going to have to go work, as well, to make sure that there's a level playing field around the world as we compete, to make sure that American goods are pushing into other markets; that goods coming overseas aren't getting an advantage as they do now with embedded taxes. There's a lot we can do to strengthen Michigan.
And in some respects, what Michigan is seeing the entire nation is going to see unless we take action now to get Michigan stronger.
In this article, Romney proposes that the feds spend an additional $16 Billion of our money — and people are applauding this??
Romney supports the $1 Trillion government bailout.
Romney wants to quintuple federal spending related to the automotive industry.
On the campaign trail in Florida Romney championed more hurricane insurance spending from the feds.
In a recent op-ed Romney wanted more federal spending to bail out Massachusetts health care.
Some fiscal conservative he is. Good grief.
By dumping pensions the automakers would put the obligation on the government through the pension guarantee program. So isn't that, too, a government bailout?
I don’t want to file bankruptcy .Do you think the government will give me one of those bridge loans so I can get over the hump.I say let them get there sh*t together and restructure.Find a way to compete with the foreign auto makers..fire all those over paid guys and hire back the ones who will work for a fair market wage.
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.