So Long All - Moving On

[RedRide]

I don't know where some of you may have been but, American cars are now every bit as good as Japanese cars and even surpass them at times.

Yes, at one time they were garbage but American manufactures heeded the wake up call.

However, the public's perception took a while to change and that's why some needed a loan...... it was not a "bail out" as that false characterization is just a political talking point for certain people. The greedy and irresponsible banks got a "bail out".

Ford and GM now both have a higher market share than Toyota (their closest competitor by far) in the US now that the public has realized how good American cars now are.

I believe that the auto industry would have survived just fine without a government bailout. What the bailout did was reward unions and punish conservatives who owned dealerships. Both GM and Chrysler went bankrupt, even after the bailout. All the US government did was hand over a large share of the stocks to the unions and ignored the rule of law to do it........

That is total a falsehood perpetuated by the foxes and believed by those who have no idea of what really happened and just want to bust the unions wherever they may be.
GM and Chrysler never went "bankrupt, they just did some serious reorganization. "Let them go bankrupt" is just a battle cry code for 'bust the unions".

They also are oblivious to the fact that all the benefits and good working conditions that they now enjoy were fought for and won by labor unions. It's amazing how some can enjoy milk and honey while condemning cows and bees.

They also have no idea how many related jobs the auto industry supports.

What the bailout did was reward unions and punish conservatives who owned dealerships.

Really??
Fact is, because of the loans, the union workers actually took a cut in pay and it kept the dealers in business.
The government rewarded the unions? Really? Any more ridiculous lies you wish to replete?
Is a complete fool who believes everything they are told by the lying RUSHing FOXes.
However It's a wise man who honestly seeks the truth.

Now the US auto industry is thriving .

BTW, I was a member of the UAW (Ford) for over 12 years and I know first hand that Auto workers earn every penny they are paid!
Now....., I never did your job so, how would you feel if I now told you that you are an overpaid moocher who is a burden on the company you work for?

[nookandcrannycar]

Originally Posted by RedRide

I don't know where some of you may have been but, American cars are now every bit as good as Japanese cars and even surpass them at times.

Yes, at one time they were garbage but American manufactures heeded the wake up call.

However, the public's perception took a while to change and that's why some needed a loan...... it was not a "bail out" as that false characterization is just a political talking point for certain people. The greedy and irresponsible banks got a "bail out".

Ford and GM now both have a higher market share than Toyota (their closest competitor by far) in the US now that the public has realized how good American cars now are.




That is total a falsehood perpetuated by the foxes and believed by those who have no idea of what really happened and just want to bust the unions wherever they may be.
GM and Chrysler never went "bankrupt, they just did some serious reorganization. "Let them go bankrupt" is just a battle cry code for 'bust the unions".

They also are oblivious to the fact that all the benefits and good working conditions that they now enjoy were fought for and won by labor unions. It's amazing how some can enjoy milk and honey while condemning cows and bees.

They also have no idea how many related jobs the auto industry supports.


Really??
Fact is, because of the loans, the union workers actually took a cut in pay and it kept the dealers in business.
The government rewarded the unions? Really? Any more ridiculous lies you wish to replete?
Is a complete fool who believes everything they are told by the lying RUSHing FOXes.
However It's a wise man who honestly seeks the truth.

Now the US auto industry is thriving .

BTW, I was a member of the UAW (Ford) for over 12 years and I know first hand that Auto workers earn every penny they are paid!
Now....., I never did your job so, how would you feel if I now told you that you are an overpaid moocher who is a burden on the company you work for?

1. Some might say that you are using the talking points from a different point of view.

2. You are looking at yourself as a worker. Why are you assuming that the person you are answering is another worker who works for a company? Perhaps he is a business owner (small or not), who isn't guaranteed anything and is taking a chance. Such a person wouldn't find your analogy meaningful. The additional cost per vehicle re the UAW has been calculated by various people. Some people (likely a business owner who in particular circumstances isn't guaranteed anything, and others) might scratch their heads as to why that would be justified when they look at auto plants in Right to Work states in the U.S. (that are not UAW plants) and are producing a quality product.

[nookandcrannycar]

To All :

The link on my post #26 doesn't work (and I don't know how to fix it). I'll try to add it to this post directly below:

http://www.nationalaffairs.com/publi...he-rule-of-law

To RedRide:

[Quote] GM and Chrysler never went "bankrupt, they just did some serious reorganization.[QUOTE)

Incorrect. Bankruptcy can allow for reorganization, but both GM and Chrysler did go through bankruptcy. See the section entitled: The Bankruptcy , from the above link. if the above link doesn't work, the title of the article is: The Auto Bailout and the Rule of Law. It was written by Professor Todd Zywicki and is located on national affairs.com

The government rewarded the unions? Really? Any more ridiculous lies you wish to replete?
Is a complete fool who believes everything they are told by the lying RUSHing FOXes.
However It's a wise man who honestly seeks the truth.

Yes, the UAW was unjustly rewarded. See the last two sentences of paragraph three under the section 'The Bankruptcy' in Professor Zywicki's article. In the Chrysler case, the SECURED bondholders received 29 cents on the dollar and the UAW Pension Plans -- who were UNSECURED creditors, but possessed better political connections -- received more than 40 cents on the dollar. I would contend that it is wise to include an example using FACTS (as I just did), rather than a random demonization of popular targets that are on the opposite side/side that you disagree with. If you read Professor Zywicki's article, you will see that he cites references...and they aren't Rush Limbaugh and Fox News.