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Automotive News & Views 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
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Replying to: berri (Nov 13, 2008 5:20 pm)  Where or where is all this money we're spending COMING FROM? |
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Replying to: Mr_Shiftright (Nov 13, 2008 5:35 pm) 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. |
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Replying to: Mr_Shiftright (Nov 13, 2008 5:35 pm)
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Replying to: gagrice (Nov 13, 2008 5:45 pm) 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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Replying to: fintail (Nov 13, 2008 7:21 pm) 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." |
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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
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Replying to: svtguy (Nov 13, 2008 11:54 pm) 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.
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Link doesn't work....
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Replying to: nippononly (Nov 14, 2008 11:18 am) He has a lot of valid points but, yeah, more than a touch harsh. My biggest concern is that we're going to end up dumping all this cash into the auto makers, get more of the last 30 years and then say "yeah, but we dumped all this money; we should keep giving them more money until they turn it around." When does further aid become money down teh drain?
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