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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
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Replying to: gagrice (Dec 13, 2008 12:36 pm) I've played them all and Bosendorfer is Boss.
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Replying to: euphonium (Dec 13, 2008 9:05 pm)
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Replying to: fintail (Dec 13, 2008 6:49 pm) ... but to draw an arbitrary line for one where far more evil forces are allowed to prosper with public funds isn't very logical, itself. If's not about logic, never has been, never will be. If "never" why do you spend energy and time recanting these examples, since "never" would mean you're just wasting your time - speaking of the problems.  Yes over the years the population of this country has given more and more power and money to the government, and then like children we ask the government to help us. It's pretty sad. It leads to citizens who can't help themselves, and puts so much money into "the system" that it attracts or brings out the worst human qualities. The more we can put people in government who will downsize, taking the money out of the government the better. Maybe then we can get rid of some of the 40K+ lobbyists who live in DC. If you want to reduce corruption you need to reduce the $ that attracts them. There is definitely political influence bordering on corruption of where and how these bailout moneys are going. Anyway I can influence the reduction of power and money into the political system I do - that includes doling out money to any industry. To say the government should help the B3 is to just to allow them to concentrate more power, and to make this the norm.
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Replying to: euphonium (Dec 13, 2008 8:56 pm) Excellent points .......hope others will read your post. Two things come to mind, they tried nationalization of the auto industry in Britain and it failed miserably. The unions only demanded more and the quality of the product went down. Once you get on the government gravy train it is really hard to get off. Second point is, you would think, that with all the economic geniuses who are teaching, or who graduated from University, (maybe Warren Buffet) etc, that someone would come up with a fairly definitive theory of what would be the best course of action at this time. I am inclined to agree that companies that fail should be left to fail, there are usually new companies who can move in and take their place. |
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Replying to: fintail (Dec 13, 2008 6:49 pm) 
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Replying to: kernick (Dec 14, 2008 5:55 am)  . Logic isn't relevant to public sector actions nor the spending of public funds. Sadly logic has barely more influence in private sector decisions either. Logic is a very minor part of the human condition. Emotion and ego will always trump it. I just find it amusing that we are still in the midst of one of the most criminal "bailouts" in the history of the world, and are decades deep into some of the worst foreign aid and intervention policies in human history, and the idea of spending a fraction of it to aid a domestic industry receives far more castigation than decisions a million times more destructive. The Feds love to print their wallpaper fiat greenbacks...print a few more with serious conditions to aid actual Americans for once. Make the conditions strict and irrevocable. Fail to meet the terms, and you lose it all. Just like mortgaging a house. Political lobbying should be illegal and made nearly a capital offense. A deeply centralized government with a dependent mass of braying sheeple citizenry is the ultimate goal of the globalist "capitalists". They've created it in maybe 80% of those in the EU and they seek to create the same in the upcoming NAU. With their thought policing, this time the pendulum won't swing back.
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Replying to: lemko (Dec 14, 2008 6:11 am) I don't see any of them crying about public sector unions with their far-above-market perks and lack of workplace accountability...what is going to happen when those pensions come due...I smell another bailout. And their compensation won't be affected.
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Replying to: fintail (Dec 14, 2008 7:41 am) |
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Replying to: tired_old_dave (Dec 13, 2008 6:40 pm) |
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Replying to: lemko (Dec 13, 2008 2:30 pm) Lem, I have had Fords, GMs and Chryslers for most of my life. No real problems, some like my 1988 Corsica fell apart after about 60,000 miles, but I was quite satisfied. Then my wife tried out a 1999 Mercedes. We had a loaner that was 10 years old while her car came in. That 10 year old loaner was better than any American car I had owned or rented, including Cadillacs. I would rather have a car like a Jetta that has some engineering, some joy of driving, some feel of the road, basic safety features added at no optional cost - like traction control and multiple airbags - than a Cadillac. I don't think you have ever driven a Maxima, Infinity, Accura, BMW or Mercedes or you wouldn't think so highly of GM. I have rented new Impalas and Buicks and they are boxes on wheels, with no feel for the road, built by people who want to build a car that can just pass the most basic consumer test, lots of metal and an exterior show of being comparable, but in truth, sadly lacking. Bail outs or loans, it doesn't matter, the cars have to vastly improve before people are going to buy them and trust the D3 again.
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