No bailout for automakers

No bailout for automakers

There are 37 comments on the GoErie.com story from Nov 28, 2008, titled No bailout for automakers. In it, GoErie.com reports that:

Why should American taxpayers pay for the bailouts of the auto industry as recommended by Nancy Pelosi and Harry Reid? The U.S. auto companies have built plants in Mexico, South America and other parts of the ...

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asdf

Erie, PA

#22 Dec 9, 2008
gm is worth less than they are proposing that they need to be bailed out. does that seem like a problem to anyone?
JBG

Sturgis, MI

#23 Dec 9, 2008
Hap wrote:
<quoted text>Can you back up your claim of 70%, I don't think you can.
The Tundra is over 90%.
JBG

Sturgis, MI

#24 Dec 9, 2008
asdf wrote:
gm is worth less than they are proposing that they need to be bailed out. does that seem like a problem to anyone?
Yes and they already owe $45B. Financially GM is worthless.

“Enjoying the sunshine ”

Since: Nov 08

Location hidden

#25 Dec 9, 2008
"I have found that being honest is the best technique I can
use. Right up front, tell people what you're trying to
accomplish and what you're willing to sacrifice to
accomplish it "
> Lee Iacocca

No bailouts... they need someone at the helm with vision and guts to turn this around..

“Enjoying the sunshine ”

Since: Nov 08

Location hidden

#26 Dec 9, 2008
A Japanese company ( Toyota ) and an American company (Ford Motor
Co.) decided to have a canoe race on the Missouri River Both teams
practiced long and hard to reach their peak performance before the
race. On the big day, the Japanese won by a mile.
The Americans, very discouraged and depressed, decided to investigate
the reason for the crushing defeat. A management team made up of
senior management was formed to investigate and recommend appropriate
action. Their conclusion was the Japanese had 8 people rowing and 1 person
steering, while the American team had 7 people steering and 2 people
rowing. Feeling a deeper study was in order; American management hired a
consulting company and paid them a large amount of money for a second
opinion. They advised, of course, that too many people were steering the boat,
while not enough people were rowing.
Not sure of how to utilize that information, but wanting to prevent
another loss to the Japanese, the rowing team's management structure
was totally reorganized to 4 steering supervisors, 2 area steering
superintendents and 1 assistant superintendent steering manager.
They also implemented a new performance system that would give the 2
people rowing the boat greater incentive to work harder. It was
called the 'Rowing Team Quality First Program,' with meetings, dinners
and free pens for the rowers. There was discussion of getting new
paddles, canoes and other equipment, extra vacation days for practices
and bonuses. The pension program was trimmed to 'equal the
competition' and some of the resultant savings were channeled into
morale boosting programs and teamwork posters.
The next year the Japanese won by two miles.
Humiliated, the American management laid-off one rower, halted
development of a new canoe, sold all the paddles, and canceled all
capital investments for new equipment. The money saved was
distributed to the Senior Executives as bonuses.
The next year, try as he might, the lone designated rower was unable
to even finish the race (having no paddles,) so he was laid off for
unacceptable performance, all canoe equipment was sold and the next
year's racing team was out-sourced to India
Here's something else to think about: Ford has spent the last thirty
years moving all its factories out of the US , claiming they can't
make money paying American wages.
TOYOTA has spent the last thirty years building more than a dozen
plants inside the US The last quarter's results:
TOYOTA makes 4 billion in profits while Ford racked up 9 billion in losses.
Ford folks are still scratching their heads, and collecting bonuses.
IF THIS WEREN'T SO TRUE IT MIGHT BE FUNNY

Since: Apr 08

Meadville

#29 Dec 16, 2008
Why don't one of you find out how many Chrysler minivans or Ford F-150's are actually assembled in this country. I found data on the Honda Odyssy and the Honda Pilot I own. Both in the 70% range as far as content and assembled in the USA. By the way, the F-150 is, at least most of them anyway, built outside of this country and the Chrysler minivan is built in Canada.
StoptheTraitors

Rochester, MN

#30 Feb 17, 2009
Toyota Announces Cuts At Georgetown Plant
Good I hope that all Foriegn Auto Makers have to close and go back to their homeland with their tail between their legs.
We should Have Never allowed that Jap/Rice shit into our country in the first place, It ruined our economy because liberals bought that rice crap. Support your own dammed country in the first place you stupid asses, That rice shit isnt any better, Its just that these liberal dumb asses do not ever tell the truth about the recalls and problems because they are embarrassed and sorry about being a Traitor to their own country... Good! They should be.
I never bought that shit, I drive a 30 yr old ford! and its just fine.
This liberal crap ruined our country so let them Japs have it back Lock stock and barrel
Stop buying that crap, and take your country back
lost

Fenton, MO

#31 Feb 18, 2009
Foriegn maybe all that is left .. Look at most goods we buy . Greed hurts! Americans that did not care . Autoworkers that drove foriegn and had union bumper stickers on their cars .

Since: Apr 08

Meadville

#33 Feb 19, 2009
StoptheTraitors wrote:
Toyota Announces Cuts At Georgetown Plant
Good I hope that all Foriegn Auto Makers have to close and go back to their homeland with their tail between their legs.
We should Have Never allowed that Jap/Rice **** into our country in the first place, It ruined our economy because liberals bought that rice crap. Support your own dammed country in the first place you stupid ****, That rice **** isnt any better, Its just that these liberal dumb **** do not ever tell the truth about the recalls and problems because they are embarrassed and sorry about being a Traitor to their own country... Good! They should be.
I never bought that ****, I drive a 30 yr old ford! and its just fine.
This liberal crap ruined our country so let them Japs have it back Lock stock and barrel
Stop buying that crap, and take your country back
WOW! At least you're not bitter.

Keep driving your 30 year old piece of crap because odds are if you buy a neo one it was built in another country!

I bought a brand new ford once. In the year and a half I owned it I had to have it towed to the dealer three times and had to limp it there twice on my own. So much for your diluted theory!
johnski

Erie, PA

#34 Feb 19, 2009
Easy way out, cut all wages on a percentage basis across the board not just labor, then go to oil industry(record profits over record profits) and tax the crap out of them (they started tis mess) and then use this money to bail out the auto industry. Stop the marketing scams. This cost taxpayers nothing.
johnski

Erie, PA

#35 Feb 19, 2009
Rider Kat wrote:
A Japanese company ( Toyota ) and an American company (Ford Motor
Co.) decided to have a canoe race on the Missouri River Both teams
practiced long and hard to reach their peak performance before the
race. On the big day, the Japanese won by a mile.
The Americans, very discouraged and depressed, decided to investigate
the reason for the crushing defeat. A management team made up of
senior management was formed to investigate and recommend appropriate
action. Their conclusion was the Japanese had 8 people rowing and 1 person
steering, while the American team had 7 people steering and 2 people
rowing. Feeling a deeper study was in order; American management hired a
consulting company and paid them a large amount of money for a second
opinion. They advised, of course, that too many people were steering the boat,
while not enough people were rowing.
Not sure of how to utilize that information, but wanting to prevent
another loss to the Japanese, the rowing team's management structure
was totally reorganized to 4 steering supervisors, 2 area steering
superintendents and 1 assistant superintendent steering manager.
They also implemented a new performance system that would give the 2
people rowing the boat greater incentive to work harder. It was
called the 'Rowing Team Quality First Program,' with meetings, dinners
and free pens for the rowers. There was discussion of getting new
paddles, canoes and other equipment, extra vacation days for practices
and bonuses. The pension program was trimmed to 'equal the
competition' and some of the resultant savings were channeled into
morale boosting programs and teamwork posters.
The next year the Japanese won by two miles.
Humiliated, the American management laid-off one rower, halted
development of a new canoe, sold all the paddles, and canceled all
capital investments for new equipment. The money saved was
distributed to the Senior Executives as bonuses.
The next year, try as he might, the lone designated rower was unable
to even finish the race (having no paddles,) so he was laid off for
unacceptable performance, all canoe equipment was sold and the next
year's racing team was out-sourced to India
Here's something else to think about: Ford has spent the last thirty
years moving all its factories out of the US , claiming they can't
make money paying American wages.
TOYOTA has spent the last thirty years building more than a dozen
plants inside the US The last quarter's results:
TOYOTA makes 4 billion in profits while Ford racked up 9 billion in losses.
Ford folks are still scratching their heads, and collecting bonuses.
IF THIS WEREN'T SO TRUE IT MIGHT BE FUNNY
OMG the american republican business model. absolutly 100% true. As we all know the funniest things in life are true. Thats why you find no humor in the bible.
Woo hoo

Georgetown, KY

#36 May 21, 2014
If i were president in 2008 the $700 billion bank bailout would have never happened!
I see

Georgetown, KY

#38 May 28, 2014
No bailouts for banks Congress didn't force the banks to act recklessly and lian money to people who lied. If the banks loan money to people they KNEW could not afford to pay it back then it is the banks fault and no one else. The banks stole $700 billion dollars and never had to pay back a penny. No oversight no investigation. Bernancke made sure of that he basically said to Congress give us the money shut up and go away!
Mike Jones

Georgetown, KY

#39 May 28, 2014
I see wrote:
No bailouts for banks Congress didn't force the banks to act recklessly and lian money to people who lied. If the banks loan money to people they KNEW could not afford to pay it back then it is the banks fault and no one else. The banks stole $700 billion dollars and never had to pay back a penny. No oversight no investigation. Bernancke made sure of that he basically said to Congress give us the money shut up and go away!
I agree Sen Jim Bunning called socialism and voted no on both. McConnell supported the bank bailout but not the GM bailout signalling to the country that he doesn't about the working man but he cares for his wall street oligarch's! So Kentucky voters " thank him" by voting him out of office and tell him to go fishing.
Pietro Grimaldi

Georgetown, KY

#40 May 28, 2014
http://mobile.bloomberg.com/news/2013-12-09/g...

Why is it good government to bailout banks but socialism to save American jobs?

The TARP bailout of GM started in 2008 so I guess that makes BUSH a socialist.
Tea Party

Georgetown, KY

#41 May 28, 2014
Pietro Grimaldi wrote:
http://mobile.bloomberg.com/ne ws/2013-12-09/gm-bailout-ends- as-u-s-sells-last-of-governmen t-motors-.html
Why is it good government to bailout banks but socialism to save American jobs?
The TARP bailout of GM started in 2008 so I guess that makes BUSH a socialist.
Paul Ryan/Eric Cantor 2016
Mr Perkins

Georgetown, KY

#42 May 29, 2014
Tea Party wrote:
<quoted text>
Paul Ryan/Eric Cantor 2016
No way Jose! Never!

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