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Buying American Cars What Does It Mean?

7263 messages,  Last post on May 27, 2009 at 4:31 AM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Car Buying

With parts coming from everywhere, does "Buying American" have much meaning anymore? Is quality and price the bottom line?


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#3828 of 7263
Re: alltorque [marsha7] by scape2
Mar 13, 2007 (4:47 pm)
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Replying to: marsha7 (Mar 05, 2007 11:28 am)

China already owns the U.S. Look at the treasury bonds they own already and how they prop up our debt. We as Americans are so quick to sell each other out to the highest bidder..
#3829 of 7263
Re: alltorque [scape2] by rockylee
Mar 13, 2007 (6:12 pm)
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Replying to: scape2 (Mar 13, 2007 4:47 pm)

They own approx. 25% of em'
 
Rocky
#3830 of 7263
Re: alltorque [rockylee] by kdhspyder
Mar 14, 2007 (8:18 am)
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Replying to: rockylee (Mar 13, 2007 6:12 pm)

T-Bills are sold on the open market. Anyone can buy them. It's the nature of capitalism.
 
This flip side of this is that the China's trade with us is protected from currency fluctuations. In addition by having the US Gov't owe them so much money the one trading partner the Chinese never want to see go belly up is the US economy.
 
Condisder if you lent your neighbor next door a $1000 a month every month and now he owes you $100,000. He pays you back like clockwork and pays you $10,000 a year in interest. He's never missed a payment in his life. That's a pretty sweet deal for you. If your neighbor wants to borrow another $5000 next month you'd probably step right up and try to outbid the other neighbors to get that new note.
 
But you certainly don't want anything bad to befall your neighbor...there goes your $100 Grand and all the interest as well. You ( China ) want your neighbor ( US ) to stay very very healthy.
#3831 of 7263
Re: alltorque [kdhspyder] by rockylee
Mar 14, 2007 (10:30 am)
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Replying to: kdhspyder (Mar 14, 2007 8:18 am)

Kd, It works in theory but what happens when we can't afford to borrow anymore because we can't make our bills ????? This is econ 101 and here in the U.S. banks will let consumers borrow more than they can pay back and they (banks) know this.
 
Rocky
#3832 of 7263
Re: alltorque [rockylee] by kdhspyder
Mar 14, 2007 (10:52 am)
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Replying to: rockylee (Mar 14, 2007 10:30 am)

This is more than theory, rockylee, this is reality. We are a debtor nation. The only way to for a nation to get out of debt is the same as for any family...
.. work more/harder and make more money and pay off all the bills, or
.. stop charging things and pay cash.
 
If this latter choice is taken then most of our military industrial complex gets shut down, because it generates income only when it sells armaments to other countries, generally it only consumes income. The Army, Navy, Air Force, Marines, Coast Guard and Port and Border Patrols all get laid off....as well as all the workers making products for the military. Only the workers making military products for sale to other countries can keep their jobs.
 
or,
.. to fund the the necessary defense projects then, like any family, ya gotta cut the money going to tuition and entertainment and vacations.
 
If a family makes $50000 net each year it can't spend $60000, otherwise it has to borrow $10000 from the bank or a family member.
#3833 of 7263
Press Request by KarenS HOST
Mar 14, 2007 (2:26 pm)
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A reporter with a national newspaper is hoping to talk to consumers who currently are or just recently purchased a new vehicle and factored or will factor in where the car was made (i.e. made in the USA). Please reply to ctalatiedmunds.com no later than Friday, March 16, 2007 with your daytime contact info.
#3834 of 7263
kdhspyder by marsha7
Mar 21, 2007 (6:27 pm)
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Or, since the Constitution mandates that one of the few Constitutional functions of the federal gov't is to "provide for the common defense", maybe we could stop sending so much money to people who refuse to work, let them go hungry, then they WILL do the jobs that Americans are unwilling to do, so they can eat, and maybe balance the budget and pay back some debt...
 
Compassion may be nice, but it is not a Constitutional function of the gov't, and I am sick and tired of working to support my family and theirs...and, as long as Medicaid (welfare) covers Viagra, we seem to be getting more of theirs...it would seem to me that if every welfare recipient was impotent, it would seem like poetic justice, don't you think???
#3835 of 7263
Let's stick to the cars please by pf_flyer HOST
Mar 21, 2007 (6:43 pm)
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Please don't drag this off into a discussion of what the government is or isn't supposed to do...
#3836 of 7263
Re: Let's stick to the cars please [pf_flyer] by fezo
Mar 21, 2007 (8:16 pm)
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Replying to: pf_flyer (Mar 21, 2007 6:43 pm)

Thank you.
#3837 of 7263
Oops!!!!!!!!!!!!!!!!!!!!! by marsha7
Mar 22, 2007 (7:45 am)
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My bad...Sorry................

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