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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: Mr_Shiftright (Nov 17, 2008 8:56 am) |
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Replying to: fezo (Nov 17, 2008 10:09 am) 
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Replying to: lemko (Nov 17, 2008 10:02 am) That is an insult to many professional women who make their own car buying decisions.  My wife, a professional, has not considered American brands in her car buying decisons over the last couple decades.
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Replying to: fezo (Nov 17, 2008 10:09 am) Seems to me modern wars are going to be small, dirty and right in with the civilian populations. They'll also be wars for hearts and minds, not territory. If there's any massive industrial power that would be needed for national security in the future, it would be for aircraft, military robotics and law enforcement equipment. Not GMs strong points. What's he saying? That Caterpillar can't make an armored personnel carrier?
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Replying to: Mr_Shiftright (Nov 17, 2008 10:24 am)
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Replying to: gagrice (Nov 17, 2008 10:31 am) I'm sure we'll need weapons and an army for the next XXX years but it won't look anything like it did in 2003 and I don't think the Big Three in anything like its current form will be building it. So the arguments in favor of bail out so far seem to be: 1. If the Big Three goes bankrupt, the US economy will collapse 2. If the Big Three goes bankrupt, our enemies will overrun us I'm not buying either myself. These claims strike me as alarmist and without solid evidence. |
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"We at Edmunds.com urge Congress to vote yes." Congress: Vote Yes on Automaker Loans (I'm not sure that all us hosts out here in the hinterlands got the memo, lol). |
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Replying to: xrunner2 (Nov 17, 2008 10:20 am)
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Replying to: steve_ (Nov 17, 2008 11:49 am) |
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Replying to: steve_ (Nov 17, 2008 11:49 am) Disagree with this: This is a financial crisis, and not one of the auto industry's making STRONGLY disagree with this: Further, the impact of the demise of the auto industry on the global economy would be devastating, Who is writing this junk? As for U.S. taxpayers footing the bill - they will one way or another. They can ante up now for $25 billion or $50 billion loans whatever it turns out to be ...and then $25 billion more next year, and then $50 billion two years after that. And that's AFTER THIS LOAN, "whatever it turns out to be" - what, $100 billion? More? These greedy execs keep whining for more as soon as the last increase is accepted. You can rest assured, if we pay now we will keep paying and paying and paying, and even THEN I am not real convinced GM will make it to 2020. I know Chrysler won't. The part that might actually make me puke is the last part: So Congress, go ahead, point fingers. There's plenty of blame to go around, you included. Debate all you want; in fact, add the debate over a national energy policy and a national industrial policy to your future agenda. Chastise union workers and auto company execs. Attach strings to the loans. Do your political grandstanding. Do what you have to do, Congress. But get the job done - now. OMG! How trite can you get? I don't want grandstanding or chastisement, I want top-to-bottom total reform if we give these automakers one dime. I want the UAW contracts wiped out and new ones put in place at the average auto industry wage. I want every exec gone. I want NOT ONE SHRED of "business as usual" to remain at these dinosaur corporations. And as so many have pointed out here already, I can't have any of that because the law prevents it. So no, NO BAILOUT (don't even call them a loan, what a joke).
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