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Does America Even Need Its Own Automakers?

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

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


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#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.
#1129 of 1788
Re: The American People have spoken.... [fintail] by steve_ HOST
Nov 13, 2008 (8:08 pm)
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Replying to: fintail (Nov 13, 2008 7:21 pm)

The Oligarchs are getting hammered (and bailed out) too.
 
First government bailouts awarded to Russian oligarchs (IHT.com)
 
"Companies belonging to two of Russia's richest men are among the first to be awarded loans from a $50 billion government bailout fund intended to help Russian companies repay debts to Western banks, rather than allow the banks to seize assets that had been pledged as collateral."
#1130 of 1788
I wanted to buy GM until... by svtguy
Nov 13, 2008 (11:54 pm)
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the dealer was so discouraged he didn't even try to sell the car:
 
http://latimesblogs.latimes.com/uptospeed/2008/11/i-really-really.html
#1131 of 1788
Re: I wanted to buy GM until... [svtguy] by nippononly
Nov 14, 2008 (9:05 am)
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Replying to: svtguy (Nov 13, 2008 11:54 pm)

It's funny, I had a similar experience earlier this year. I wanted to drive a Cobalt SS. Just try finding one. But I eventually did, and had to drive about 30 miles to the dealer. When I got there, it was late in the afternoon, and even though the dealership was supposedly open another hour according to their posted hours, they told me they were closed and would I please come back later in the week. I said I had driven quite a way to test drive the SS, but they were not swayed.
 
Some of the cars at that place had coats of dust on them. Many were from prior model years. I could see why. To this day I still haven't test driven the SS, and probably won't at this point.
 
Not sure if this relates to whether or not we need domestic automakers, I was just struck by the similarity. But I will add that when new cars are sitting around on dealer lots literally for YEARS as they do at GM dealers in my area, the current excess capacity of the industry is all too obvious. And those dealers (and Chrysler dealers) seem to be the only ones for whom the problem is that obvious.
#1133 of 1788
Re: Another Point of View [Mr_Shiftright] by nippononly
Nov 14, 2008 (11:18 am)
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Link doesn't work....

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