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To: TChris

In the short run, that would be VERY, VERY difficult. Government-owned Chrysler and GM have, essentially, unlimited resources at their disposal. Whatever they do, the taxpayers must pay. (After all, they’re Too Big To Fail!)

GM and Chrysler will be around until 2012, then they will have to repay the govt or be broken up. At that time, should Ford’s buyout plan work, they will be able to sell cars at a profit while GM/Chrysler sell cars to fund their workers retirement plan. Amazing thing about profits, they allow you to stay in business, innovate and attract investors. Should Ford once again become master of their domain, they will be very profitable. Their vehicles have quality and without the cost and restraints of UAW they will become very profitable. If Ford is successful, look for the UAW to waste away to nothing. Maybe they can represent the bowling alley pin setters?


39 posted on 12/21/2009 1:26:14 PM PST by equalitybeforethelaw
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To: equalitybeforethelaw
GM and Chrysler will be around until 2012, then they will have to repay the govt or be broken up.

Yeah, that will happen.

NOT!

Don't expect ANYTHING from this administration to turn out the way it was sold, FRiend.

42 posted on 12/21/2009 1:28:49 PM PST by TChris ("Hello", the politician lied.)
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To: equalitybeforethelaw

Explain to me again what power the UAW has over Ford: Go out on Strike! What else? Then Ford can bring in people who are willing to work and there you have it in 2010. It’s not the 60’s any more. Perestroika!


113 posted on 12/21/2009 4:59:06 PM PST by Sioux-san
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