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To: Lilpug15; All
You said I didn't read your post fully but you didn't seem to read mine AT ALL. I started off by saying the the following "I don't think you understand the psychology of chapter 11" The key word is psychology. The average guy, aka Joe Sixpack will not buy car if he hears the company is in Chapter 11. That's what I was talking about.

Yes I completely understand the difference between Chapter 11 and Chapter 7. But IT'S NOT ME we are talking about. It's Joe.

You then go on to make a statement I find incredible; "I also worked in the defense manufacturing industry so again you should not go about making assumptions about the backgrounds of people and their professions and knowledge."

Where is my post do a make an assumption about your background. If you reread my post you will see I was talking in the third person.

I then go on to praise the engineers at GM,Ford and Chrysler. I stand behind that statement. They have as good of engineers as anyone in the world!

You then shift over to the economy being a national security issue. Well I would agree but I don't feel like it had anything to do with my post. Did you get me confused with another post? If this Loan works out with the Auto Companies then the taxpayer won't have to pay anything. If it doesn't then yes we will be out of some money but I think to do nothing is even worse. If we can pony up 700 Billion for the Wall Street Scum, why can't we help out an industry that our national security depends on. Besides the Federal Government is a big part of the problem for the Domestic Auto Industry.


90 posted on 11/18/2008 11:36:15 PM PST by truthguy (Good intentions are not enough!)
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To: truthguy
The average guy, aka Joe Sixpack will not buy car if he hears the company is in Chapter 11.

The empirical evidence indicates otherwise. You're just repeating the self-serving claims of GM management desperately trying to save their jobs.

93 posted on 11/18/2008 11:41:06 PM PST by curiosity
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