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Does America Even Need Its Own Automakers?

1788 messages,  Last post on Mar 03, 2009 at 2:18 PM

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

What is this discussion about? Automotive News, Truck, Sedan, SUV


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#1119 of 1788
Re: The American People have spoken.... [dtownfb] by steve_ HOST
Nov 13, 2008 (2:03 pm)
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Replying to: dtownfb (Nov 13, 2008 12:56 pm)

Hershey Foods? They should be holding their own or doing better in a recession since they sell a "luxury" item for a cheap price. You may not be able to afford a Harley, but a Hershey Bar could be your lunch.
 
I'm not sure about Wagoner and am certainly not thrilled with Nardelli, but Mulahy at Ford continues to impress.
 
"The supply industry, which is made up of roughly 6,000 firms in North America, two-thirds of them in the United States, "is an integrated system," said Sean McAlinden, vice president of research at the Center for Automotive Research in Ann Arbor. "It's a house of cards. You knock down enough of the cards in the bottom rows and it all goes down for months," he said. "It's going to cost Toyota and Honda a great deal if this happens," McAlinden said. "They're incredibly worried.""
 
The domino effect of a failing domestic auto industry
#1120 of 1788
Well then the above post by iluvmysephia1
Nov 13, 2008 (3:17 pm)
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says a lot about whether or not this is going to happen or not. Obama is now talking about giving $50B. Does that tell ya something? Oh, no, the Big Two and a half are going to be bailed out and the new Administration is going to throw even more cash at the problem...ummm...I mean answer...I...mean economic problem...I mean American auto industry.
#1121 of 1788
Re: Well then the above post [iluvmysephia1] by Mr_Shiftright HOST
Nov 13, 2008 (4:05 pm)
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Replying to: iluvmysephia1 (Nov 13, 2008 3:17 pm)

I'm surprised the bearings in the Treasury printing presses haven't worn out already. Now they'll be working overtime.
#1122 of 1788
Re: Well then the above post [Mr_Shiftright] by gagrice
Nov 13, 2008 (4:10 pm)
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Replying to: Mr_Shiftright (Nov 13, 2008 4:05 pm)

They are probably German or Japanese bearings Designed to give years of trouble free service.
#1123 of 1788
Re: The American People have spoken.... [grbeck] by circlew
Nov 13, 2008 (5:03 pm)
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Replying to: grbeck (Nov 13, 2008 1:43 pm)

I have to give it to Wagoner. He baited and switched performance statements painting an optimistic picture and said bankruptcy was not an option as earnings were released in Q2 and Q3. Unfortunatly, the proposition passed for the $25B for re-tooling has firm conditions that will need to be amended...Paulson will not allow use of the $700B for the TARP.
 
He (Wagoner) will be proved correct because Congress won't let that (BK) happen...or will it?
 
Dems Can't Pass Bailout
 
Regards,
OW
#1124 of 1788
Re: The American People have spoken.... [Mr_Shiftright] by berri
Nov 13, 2008 (5:20 pm)
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Replying to: Mr_Shiftright (Nov 13, 2008 9:31 am)

Washington runs on politics and money. The big purveyor of those are the lobbyists who get most of their money from business and other financially flush organizations and people like unions, special interest groups and multimillionaires. I'm afraid K Street will make this call like most other major decisions.
#1125 of 1788
Re: The American People have spoken.... [berri] by Mr_Shiftright HOST
Nov 13, 2008 (5:35 pm)
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Replying to: berri (Nov 13, 2008 5:20 pm)

 makes you wonder if someday tourists from some other country will come here dripping in gold jewelry and waving $10,000 bills at us to pay for a magazine and talking loud in a language we can't hope to understand.
 
Where or where is all this money we're spending COMING FROM?
#1126 of 1788
Re: The American People have spoken.... [Mr_Shiftright] by qbrozen
Nov 13, 2008 (5:44 pm)
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Replying to: Mr_Shiftright (Nov 13, 2008 5:35 pm)

Where or where is all this money we're spending COMING FROM?
 
From a printing press.
 
I mean, c'mon. Money is just an illusion anyway, ain't it? Some sort of completely fabricated representation of value.
 
Spend all you want. We'll print more.
#1127 of 1788
Re: The American People have spoken.... [Mr_Shiftright] by gagrice
Nov 13, 2008 (5:45 pm)
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Replying to: Mr_Shiftright (Nov 13, 2008 5:35 pm)

Haven't the Russian Oligarchs already started buying fancy penthouses in NYC and homes in Florida. Seems they have run the prices beyond what anyone could imagine a couple years ago. Mexicans from Sonora are up looking for real estate bargains in Texas. We have sold lots of properties to Arab Oil states. I think it has already started.
#1128 of 1788
Re: The American People have spoken.... [gagrice] by fintail
Nov 13, 2008 (7:21 pm)
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Replying to: gagrice (Nov 13, 2008 5:45 pm)

Indeed, the Russians already own a decent little chunk of England...a the family of a co-worker of mine from an upper-middle class Mexican background actually owns a house in Texas (McAllen or something) they bought simply to use for shopping trips in the US.
 
This fiat wallpaper currency, managed by greedy irresponsible idiots who operate in a void of accountability, will be the downfall of the US.

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