Thread: Thread about Freepers and the failed Big 3 Bailout

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  1. #21  
    Senior Member nacho's Avatar
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    They should have been busted in the 70s when we had the chance. Now, we all pay the price for our excesses.
    What excess is that? Health care? Because apparently that's the problem:
    In this bailout, the Unions are the root cause of the poor condition of the companies. The problem is the Unions have forced the companies to assume the cost of healthcare.
    I guess you're all independantly wealthy or whatever that you can afford health insurance without your employers? Must be nice.

    Corker had a WORKABLE plan that would instantly make the big three competitive, and give them a real chance to survive.
    Oh the hell he did. He sabotaged the bridge loan because Nissan and VW are the hands that feed him. This would be obvious to a damned cement block.

    There's clearly no point in arguing with irrational people who hate "liberals" so much that you've all turned your backs on American manufacturing and the workers behind it. It's sickening. Keep calling yourselves patriots and all that empty bullshit as you drive around in your foreign cars from store to store to buy cheap dangerous Chinese shit for your kids this Christmas. Patriots my ass.
    “When the doctor is out, I’m in.”
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  2. #22  
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    The problem with Unions is that an individual worked right out of high school and retired at the ripe old age of 43 and had full retirement benefits and a full pension. Guess what, when everyone decides to do that, you have an upside down ERISA plan with fewer ful ltime employees carrying more retirees. When the Feds made the Big Three put the upside down plans on the books for accounting purposes in the 90's, the feces hit the oscillator. The only option now for two of the Big Three is bankruptcy and a total reorganization and possible merger of GM and Chrysler...other than that, it would sheer lunacy to extend credit or bailout the two.

    I realize that an estimate 3 to 4 million jobs are on the line here, but if the two are survive and compete, a total reorganization has to be done. Old jobs will be retained and streamlined companies will be working and operating.

    This is what happens to an industry that has the nanny state of Government regulating the business OUT of business.
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  3. #23  
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    Quote Originally Posted by nacho View Post

    There's clearly no point in arguing with irrational people who hate "liberals" so much that you've all turned your backs on American manufacturing and the workers behind it. It's sickening. Keep calling yourselves patriots and all that empty bullshit as you drive around in your foreign cars from store to store to buy cheap dangerous Chinese shit for your kids this Christmas. Patriots my ass.
    Yeah, this coming from the same ilk that was arrogant to say that they would bury Honda when Honda made cheap, affordable cars in the 1970's to enter the US market.........typical, blame everyone else except the protectionist policies of the UAW and Congress. Care to explain why GM and Chrysler are competitive in foreign markets such as South America and China? Could it be that the product produced in those countries without Union contracts are actually benefiting those respective markets. Face it, without the foreign production facilities producing American brand cars, the two car manufacturers would have been DOA a long time ago.

    Oh, and while you're at it, thank your buddies in the Democratic party for raising CAFE standards and making what ever auto coming off the assembly line obsolete..........Thank Al Gore, thank Senate Majority leader Foley and House Majority leader O'Neill and Wright for pushing globalization back in the 1980's thank the enviromentalists, and most of all thank your retirees for adding and average of $4,000 to the MSRP for each auto coming off the line.........Grow up and smell the coffee.
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  4. #24  
    And the winner is



    still_one (1000+ posts) Fri Dec-12-08 12:43 AM
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    10. It will be a long time before labor votes republican again /nt


    Yea like all the times LABOR has endorsed a republican.
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  5. #25  
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    Quote Originally Posted by nacho View Post
    What excess is that? Health care? Because apparently that's the problem:
    So, you're OK with a little thing called Sub-Insurance?
    Do you even know what it is? It kicks in when UAW workers are laid of, usually a seasonal occurance, to insure that they receive their unemployment benefits PLUS a supplimental benefit from the company that nearly brings their 'out of work' weekly pay to the level of their regular paycheck.
    Who do you think pays for that Sub-Insurance? Everyone that buys a car, that's who.
    That's part of that $70 per hour figure you've been hearing about.

    Healthcare isn't the big bugaboo you think it is. The real issue is the Billions in pensions paid to retired workers.
    Some are making more being retired than when they were working! And they certainly are living longer!

    There's clearly no point in arguing with irrational people who hate "liberals" so much that you've all turned your backs on American manufacturing and the workers behind it. It's sickening. Keep calling yourselves patriots and all that empty bullshit as you drive around in your foreign cars from store to store to buy cheap dangerous Chinese shit for your kids this Christmas. Patriots my ass.
    Little angry there huh skippy?

    I'm in total agreement with you about buying the cheap Chinese junk and I'm also tired of hearing Americans say that they buy products based on getting the most 'bang for the buck'.
    Where is the loyalty to America? Where is the pride in buying American?

    Some say Detroit doesn't make cars that people want, I say that's just crazy talk. Sure, some models aren't very attractive and some aren't very appealing to buyers. But Chevy, Cadilac, GMC, Ford trucks and others are great products.

    IMO, this 'shift' to foreign autos is just another way to fuel class envy. Americans that buy foreign cars thumb their noses at Detroit and at all the rest of us that drive GM and Ford and Chrysler!
    Secular militants, not Christian conservatives, currently strive to transform America in a way our founders would neither recognize nor approve.
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  6. #26  
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    Using taxpayer money to prop up failed businesses is not patriotic. It's socialism. Decades of bad decisions led to this. If bailouts are the answer then why is Chrysler back with hat in hand for more money? Didnt the last bailout a generation ago work out? Let them fail like any other business that cant remain competitive so another successful company can buy their assets and keep whatever useful employees they need to be productive.
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  7. #27  
    Super Moderator Constitutionally Speaking's Avatar
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    Quote Originally Posted by nacho View Post

    Oh the hell he did. He sabotaged the bridge loan because Nissan and VW are the hands that feed him. This would be obvious to a damned cement block.


    Corker has a GM plant also. Gettlefinger AGREED to the terms except for the date certain part. Gettlefinger knew he could keep putting it off indefinitely - and so did Corker. THAT is what killed the deal. Corker was not going to play the sucker and give Gettlefinger the opportunity screw with the deal after it was agreed to. The whole success of the auto companies depends upon the Union abiding by those terms.
    I long for the days when our President actually liked our country.
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  8. #28  
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    Quote Originally Posted by nacho View Post

    There's clearly no point in arguing with irrational people who hate "liberals" so much that you've all turned your backs on American manufacturing and the workers behind it. It's sickening. Keep calling yourselves patriots and all that empty bullshit as you drive around in your foreign cars from store to store to buy cheap dangerous Chinese shit for your kids this Christmas. Patriots my ass.
    I don't support the bailout and I have a 77 Jeep(AMC) Grand Wagoneer and an 08 Jeep JK in the driveway. All paid for on a military salary.
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  9. #29  
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    Quote Originally Posted by nacho View Post
    What excess is that? Health care? Because apparently that's the problem:


    I guess you're all independantly wealthy or whatever that you can afford health insurance without your employers? Must be nice.



    Oh the hell he did. He sabotaged the bridge loan because Nissan and VW are the hands that feed him. This would be obvious to a damned cement block.

    There's clearly no point in arguing with irrational people who hate "liberals" so much that you've all turned your backs on American manufacturing and the workers behind it. It's sickening. Keep calling yourselves patriots and all that empty bullshit as you drive around in your foreign cars from store to store to buy cheap dangerous Chinese shit for your kids this Christmas. Patriots my ass.
    Whine much there, bone smuggler?
    Wanna stomp your little liberal feet and go home?

    rm -rf obama*
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  10. #30  
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    I think it's a fairly accurate guess that the last 10 years have been record years or close to it for automakers. So let's see.... the current slowdown, crisis, etc. isn't really more than a few quarters old. So what does it say about the fundamentals of companies who have had a pretty good and lengthy spell of sales years, and suddenly in the early phases of a slowdown, are immediately facing bankruptcy?
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