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Throwing a ton of money at the auto industry never fixed THE problem - a bloated inventory (which keeps increasing) of unsellable product. Sales solves all business problems, and lack of sales is the death knell for every business. Detroit is making 21st Century buggywhips or products not cost competitive for the quality. The marketplace for cars - without tariff protection - is only going to get worse once products from India and China enter the scene, just like what happened from Japan and then Korea. The government is scared of levying tariffs for fear of retaliation, so the competitive environment for autos is going to get tougher. Again, what has changed other than a phony image of "it's rosy now" because the money faucet got turned on to short-term bailout of some failing businesses which still are stuck with product-on-the-shelf which they can't sell and are daily deteriorating in value? So, before "Mission Accomplished" banners are placed next to the signs saying "Entering Detroit City Limits," let's be clear on the mission, what was accomplished, and what' going to keep the US from "investing" more money into Detroit for each of the next eight years.... And what are we going to do with the umteen thousands of unsold 2007, 2008, and 2009 model-year cars still sitting in storage lots? They won't go away by themselves. The HazMat disposal costs aren't in any figures I've seen. |
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You're So Right, Steve
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The President can recommend a budget or veto bills passed by Congress, but beyond that he has no power whatsoever to substantially change the fiscal policies of the U.S. or even substantially change the size of government, for that matter. Even the President's bully pulpit seldom works to change things one way or another. And I've seen little evidence that President Obama, along with Nancy Pelosi and Harry Reid, have formed some sort of evil cabal to change the U.S. into a socialist state. Even if cooperation between them might work for the benefit of the country every now and then, the three of them all seem to be going their different ways--each with the primary objective of being re-elected to their respective positions. The guy that can really change things in the country is Charley Rangel. How often do you hear his name mentioned as one of the "bad guys"? Even here on this forum, where we're really supposed to be watching out for misdeeds by our elected representatives and discussing them. Shame on us for being inattentive...again. |
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http://www.washingtonpost.com/wp-srv...scounties.html |
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Despite all those nuances, the poll was basically between domestic (GM, Chrysler and Ford) and foreign (vehicles with other country labels) Let me say that this is a very diverse group representing every income level in the USA. Most of these woodworkers really expressed a desire to buy "American." The results? (drum roll..please...) 3 out of every 4 owned a foreign vehicle. So, is it a sound investment for the United States of America to invest our money (taxpayers) into a domestic company with a lousy track record? |
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The bailouts were paybacks to the unions not a noble attempt to save the car companies or America.
Not only is nothing fixed, it's getting worse. Nothing BO and congress have done is working and in fact is having a negative effect on the economy. But I'm sure if we keep printing, spending, taking over and bailing out it will work. Of course a dollar will be worth about 5 cents when he's done. |
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I hope some of the energy in this forum is also spent sending you congressman and senators feedback on what you think should be done....... I know I do.. |
Palin, Palin.
Keedy writes, "The government shouldn't have wasted our money and let them die a natural death. They gave in to the unions. They should have let them go bankrupt last fall. Seems like alot of money was wasted so the union could keep their cushy jobs and pensions. What makes you think anybody is going to buy their cars? Pity? The Big Three are now from Japan...not Detroit!!! If I didn't know better, and I obviously don't, you guys (Bucco, SteveZ included) must go to sleep praying that the United States collapses rather than you being wrong that government may just possibly, possibly be able to help its peolpe sometimes. It must kill you to see when Government works! |
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How dare you make such a statement about me !! This country has always been about helping people and to make such a brazen elitiest statment and include me in it is highly insulting ! I love this country...I served this country....I have and do work very hard in endeavors to help people and for someone who obviously has his nose up in the air to accuse me of what you did simply because I oppose the policies of the current President is just wrong. You obviously only read what you want and read into other things what you want. My opposition to the current policies do not in anyway make me someone who "prays that the US collapses" ! If you read everything or paid closer attention you would have seen me say MANY MANY times during the campaign and since that I would be more than happy to come on here and admit I am wrong if the current President could pull off half of what he promised. You probably objected during the Iraq war being told you were un patriotic if you opposed the war in Iraq and you should have felt that way. So please dont be so insulting to people that you dont even know. As far as the government working as you say, you obviously have not been paying attention lately. The government is at the root of most of our problems and I, unlike you obviously, dont give a rats behind what party is involved. |
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Your choice of words explains the difference in how we think. To me it's "the people's government." To you, it's "the government's people." I don't "belong" to anyone, least of all to any government. I'm just not naive enough to believe that when politicians with no business experience and too lazy to read what they're voting on which leads to spending boatloads of other peoples' money, that the spending is done with the taxpayer's benefit as the first concern. If there was true concern, then it would have been done RIGHT - read the bill, debate it, run the numbers, understand what it all means, and then vote. The BS that it was too important to spend the time to read legislation with that price tag is scurrilous. "The Government" isn't helping anyone. Select folk in appointed/elected positions are helping themselves, their friends, their supporters, with everyone's money - today's and tomorrow's. |
Maybe we could be blessed with a few examples of what
it is the government does so well.
Amtrak? USPS? Social Security? Medicare? And some examples of what it is the government does that sets a good example for we the people? Make the cae companies better? Check out what make cars the car Czar has? What others that are involved in making GM better. Fortunately the free enterprise system has a way of keeping the US afloat and bailing the government out from time to time. And before giving any thought to the examples, maybe you could throw in the governments intentions on deficit spending? We await patiently!!!!!! btk |
Good one
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