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Automotive News & Views Do You Favor A Government Loan To The Detroit 3?
3958 messages, Last post on Oct 02, 2009 at 4:52 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: cooterbfd (Dec 12, 2008 1:56 pm) That is true but Subaru sales are dong relatively well this year. And they did not go before Congress begging for money. |
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Replying to: clancey (Dec 13, 2008 12:56 pm) You make an interesting point. I was flipping the channels last night and stopped at MSNBC. They had a gentleman talking about the bailouts and the political parties. Basically he said since the Reagan era, the GOP has been trying ot break the unions because they support the Democrats. His theory is that this is why the GOP will not support any bailout. They see this as an opportunity to break the UAW for supporting Obama and the Democrats. The recent Senate talks broke down because the UAW would not make additional concessions. So there may be some truth to this. It looks like Bush will have to come to the rescue. The Republicans in Congress are not happy. They know the bailout is not popular. And if Bush pulls the trigger, it lies squarely on the Republicans. What is everyone's thought on this theory?
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Replying to: clancey (Dec 13, 2008 12:56 pm) I think many Americans feel as you do. Bailing out the B3 is tantamount to encouraging poor business practices. It will only help them continue in the same direction. GM needs to file C11 and start shedding all the dead weight they have accumulated over the last 40 years of substandard automaking. Let Cerebrus do with Chrysler whatever they like. Who really cares? Though I would consider a Wrangler with small diesel engine for a desert rig.
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Replying to: dtownfb (Dec 13, 2008 1:34 pm) The Unions as a whole have never supported GOP candidates. Many Republicans in the House voted for the bailout. I think it is more of a regional thing. There were several Democrats that voiced strong opposition to the bailouts. I think the country as a whole is against the tax payers subsidizing shoddy manufacturing practices, as demonstrated by GM especially. GM is down around 20% of the market this year. A large portion of those are fleet that make GM next to nothing. I would be surprised if you could find 10% of the population that would only buy GM. Maybe even less. Time for GM to cut loose from the entanglements they have gotten themselves into or just liquidate. |
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Live in DFW so don't have to listen to his radio show on the net at his site. Shame more don't listen. I agree with him the far right southerners wanted to break the unions and the far left liberals want us all to drive plug in personal commuting vehicles (trying to be polite). But he went out of his way a few times to honor the President elected in 1980, saying his soothing speeches were a comfort in a troubled time. He reading his lines like an actor, wasn't the only answer for us-he was selected for us just like the country was prepared for the current President. Please note that I am very respectful of the offices of the government which are held by citizens for the common good of all. Our founding fathers were smarter than some believe. Separation of Powers, and the right to be free from your religion. And I wished that Rick had shown his other cheek when he had the chance, maybe he will again. Ed reminded us that Rick and gm's zero interest loans after nine eleven gave all car manufacturers one heck of a great october sales month and got the country out of a major junk based on media led fear. Never fear even when you are looking down the barrel of a rifle, a knife in your back, or when a heck of a big guy has his nose against yours. And on the show and his site, the other countries, without hesitation, have stepped up to save their automotive industries. Canada or is it just the Ontario Provincial government will add twenty percent of the loan/bailout to keeping Detroit going. Of course we know about the plants across the border from Detroit. About ready to bust open the garage and put a big ole American truck in there, then on his show thought I heard $13k off of an h3, basic h3 for 19,999? Still thinking about that unlimited jk and the fun of seeing all those jeep employees all the time. Ed did remind us that this is inventory clearance and after this you may buy small because you can't afford anything else. The radio show got a little far right about socialism and that it started with FDR and social security and the disgust about political decisions favoring one company versus another. A political decision by definition is a decision for someone at the expense of another. But he cleared up the misinformation about a political leader stating the "riots" in that Chicago building was only a sit-in. Does he remember Sol Alinsky too. F..tins, S..tins if I remember correctly from a management course in a southern red college, even had to read the playboy interview.
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Replying to: lemko (Dec 13, 2008 11:30 am) Ask the man who owns both a 1988 Buick Park Avenue and a 1989 Cadillac Brougham in excess of the mileages you posted - they do extremely well!!! You take care of a Cadillac or Buick and they'll reward you with decades of loyal service!!! My father still has his 71 Impala. That says NOTHING about it's reliability, build quality, or it's driving dynamics (which are all less than stellar). It only means it's been sitting there for quite a while. His Impala, and your Buick and Cadillac are Dinosaurs, worth more as scrap metal than cars at this point.
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Replying to: grbeck (Dec 11, 2008 7:18 am) it's just not in their genes. all auto retailers are in trouble due to the housing meltdown and for which 4.50 gas was the match. look at the november sales percentages. it was a huge downturn across the board.
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Replying to: elroy5 (Dec 13, 2008 2:05 pm) That may be true. However my wife's 1990 LS400 is still going strong and gets driven 3 or 4 times per week. It may be worthless as a trade-in. It is still a very reliable car for us to have. No good reason to sell it at scrap prices. We will just keep driving it until something expensive fails. |
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Replying to: elroy5 (Dec 13, 2008 2:05 pm)
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Replying to: explorerx4 (Dec 13, 2008 2:10 pm) 
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