- #3860 of 3958
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Re: so now what [gagrice]
by imidazol97
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May 10, 2009 (9:01 am)
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Replying to: gagrice (May 10, 2009 7:12 am)
>Why not the Midwest. Though they got their freebie with the Corn Ethanol
Errr, excuse me. I believe the ethanol von corn was to the benefit of congress's large contributors like ADM and Andersen who built the corn plants and not to Midwesterns in general.
Even I could figure out this was going to cause a problem in the pricing of corn and supply for food. A few large farmers, mostly agribusiness rather than individually owned farms, may have been very profitable due to higher corn prices, but most smaller farmers found the increased cost of everything cut into their small profits from their corn acreage.
BTW have we seen decreases in costs of those products that went up because fuel was $4 per gallon? Where is that extra margin in profit going?
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- #3861 of 3958
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Re: so now what [imidazol97]
by gagrice
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May 11, 2009 (6:01 am)
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Replying to: imidazol97 (May 10, 2009 9:01 am)
I think you know I agree with you. I watched the little farmers being pushed out by the giants when I tried farming in the late 1970s. I am not optimistic for the future of your state no matter what kind of schemes Obama comes up with. Just like the money going into the pockets of ADM and VeraSun executives, bailout money for the Domestic auto industry will end up in the pockets of a few. The new APPOINTED CEO of GM has said part of the plan is to move most of their operation offshore.
What Ohio needs to bring back industry is two things. First and foremost they need to pass a "Right to Work" law. Only an idiot would open a new business in a state where the UAW has a strangle hold. Look at the latest with VW. They looked at Michigan before picking TN for their new $Billion plant. The key to growing jobs and making money is labor that does not feel they are entitled to a job no matter how well they perform.
All the bailout money Obama can print will not open the eyes of those with an entitlement mentality. In my 46 years of labor, I was always thankful for the job. Even when I disagreed with management which was most of the time.
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- #3862 of 3958
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Re: so now what [jimbres]
by nvbanker
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May 11, 2009 (1:25 pm)
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Replying to: jimbres (May 09, 2009 4:57 pm)
Those "legacy costs" aren't like the color of your eyes - something beyond your control. No one forced these costs on the D3. They're the consequences of really bad business decisions. The domestic manufacturers tried to buy labor peace by giving the UAW pretty much everything it wanted, figuring that it could pass the cost on to us car buyers. Well, too many of us didn't like what GM (or Ford or Chrysler) were trying to sell us & went elsewhere.
Absolutely right.
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- #3863 of 3958
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Nissan Posts Loss
by lemko
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May 12, 2009 (5:29 am)
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From the Philadelphia newspaper:
Nissan Reports 1st Annual Loss in a Decade
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- #3864 of 3958
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Re: Nissan Posts Loss [lemko]
by gagrice
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May 12, 2009 (5:52 am)
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Replying to: lemko (May 12, 2009 5:29 am)
At least Nissan made money when the economy was good. Like in 2007 when we bought 17 million vehicles in the USA. GM lost $20 Billion that year. How can they ever make a profit when their business plan is so screwed up? Just be content buying a Chinese built Buick. They are far better looking than the USA made ones.
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- #3865 of 3958
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Re: Nissan Posts Loss [gagrice]
by lemko
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May 12, 2009 (5:58 am)
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Replying to: gagrice (May 12, 2009 5:52 am)
Yeah, and that Chinese showgirl was far better looking than any American woman I dated, but she drugged my drinks, stole my credit cards, wrecked my new car, burned down my house, and there's a mysterious scar on my stomach where my kidney would be. No thanks! I'll stay safe in my American-made Buicks rather than be splattered all over the wrecked and tangled mass that used to be the dashboard and front-end of my Chinese-made "buick?" after I hit a toy poodle. Oh well, the poodle walked away.
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- #3866 of 3958
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Re: Nissan Posts Loss [lemko]
by ruking1
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May 12, 2009 (6:07 am)
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Replying to: lemko (May 12, 2009 5:58 am)
UAW/GM/Ford/Chrysler for lack of more precise divisions in the actual market share, need just 6 M MORE of folks like you every year to buy one of their yearly offerings.
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- #3867 of 3958
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Re: Nissan Posts Loss [lemko]
by gagrice
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May 12, 2009 (6:15 am)
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Replying to: lemko (May 12, 2009 5:58 am)
No thanks! I'll stay safe in my American-made Buicks
How do you know they have much US content? I did not see any Buick models on the top ten list. They may just bring the parts from China and let the unskilled UAW workers slap them together. You may look up under your fender and see Lucky Lager. No that was things from Japan in the 1950s. My mistake.
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- #3868 of 3958
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Re: Nissan Posts Loss [lemko]
by ruking1
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May 12, 2009 (6:27 am)
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Replying to: lemko (May 12, 2009 5:58 am)
You aren't that 61 year old BLIND intrepreter going through a Philly aeroport are you?
link title
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- #3869 of 3958
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Re: Nissan Posts Loss [gagrice]
by lemko
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May 12, 2009 (6:52 am)
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Replying to: gagrice (May 12, 2009 6:15 am)
If my Buicks had Chinese parts in them, the cars wouldn't make it out of the driveway without the car's suspension collapsing and leaving the car sitting on its axles. The Chinese can't even properly forge a crescent wrench. How are they going to make anything as complex as a front end suspension without the metallurgy failing. Philadelphia's cratered streets will pound a Chinese-made vehicle to pieces within 4 blocks!
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