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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
| Reporting that some kind of deal has been reached and there's going to be an announcement at 6:30 this evening. | |
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Replying to: gmctruck (Nov 20, 2008 9:53 am) |
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simple reason.....and everybody in Washington can also see it link title |
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Warning of economic disaster, Democrats and Republicans from auto industry states reached a deal Thursday on an alternative package that would temporarily divert money from a fuel-efficiency loan program to cover the Big Three's immediate costs. But it was unclear whether it could draw enough support to pass. Using money that's already been appropriated MIGHT get it to sneak by.
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Replying to: pf_flyer (Nov 20, 2008 10:22 am) This is like when you r kid asks for $20 for gas and you only have 10 and give it to him and he says "That's OK . You can owe me."
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Replying to: fezo (Nov 20, 2008 10:33 am) Alcoholism isn't cured by giving the drunk a drink. Bailing anybody is being an enabler. |
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I think if they don't put REAL strict limits on how the money is used, changes we need to see, etc., then we need to remind the politicos of one thing... The 2010 elections I think people are angry enough that this time it's not going to be an idle threat against Congress. Do the job WE want you to do or you'll be looking for a real job 
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Replying to: euphonium (Nov 20, 2008 9:02 am) |
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Replying to: jpf (Nov 20, 2008 10:53 am) |
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Replying to: pf_flyer (Nov 20, 2008 9:30 am) To me it seems the CEOs and Gettlefinger are shooting themselves in the foot with their actions, arrogance and 1950s thinking (with the possible exception of Mulally). With Wagoner's comments / thoughts about resignation, acting as though he's playing the Neo character from "The Matrix" in the way he dodges any questions about having a plan in place for long-term profitability, GM may be done. He looks like a deer in headlights to me. And I don't think they made an impression by coming in with prepared statements that were obviously written by someone in marketing and sales. I mean, it's all right to have crib notes of a speech you prepared, and glance down every now and again to remember the fine points, but to not be able to look your audience in the eyes because you're too busy looking down at your speech doesn't exude readiness and knowledge of the subject matter at hand. They weren't even passionate while making those speeches; I mean, the professor was more passionate and he kind of looked like death warmed-over!! And where were the suppliers? These guys should have had some of their core and smaller suppliers there, or at least letters from them. And with what's been happening with the TARP, AIG, getting fooled by Paulson, their own stupidity and all the other mistakes Congress made just giving the banks money, they need to posture and beat on somebody and unfortunately it's these people. |
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