Way to go GM !! |
Post Reply | Page <1234 7> |
Author | |||
BuffaloBFN
Grand Poobah Joined: June-24-2007 Location: Gainesville,GA Status: Offline Points: 6094 |
Post Options
Thanks(0)
|
||
I think Obama's policies will help a lot.
|
|||
PAPA
Senior Member Joined: October-06-2009 Location: Fremont, In Status: Offline Points: 202 |
Post Options
Thanks(0)
|
||
You are certainly right my friend. I still get a good chuckle when we talk about my brother-in-law taking his Honda on vacation to Wisconsin on vacation in the early 80's. Car broke down and needed a carb; fairly common and could be purchased anywhere for American car. Had to rent a car in Green Bay to come back home and go back two weeks later to pick up his car. He now has two Ford's in his driveway. |
|||
PAPA
Senior Member Joined: October-06-2009 Location: Fremont, In Status: Offline Points: 202 |
Post Options
Thanks(0)
|
||
My Brother-in-Law and I did the work. /QUOTE] Sorry Randy, from the post it sounded like you took your car in for the clunk and they sold you everything but the kitchen sink and still did not repair the issue. Hopefully you were just doing a maintenanace issue yourself. Glad to see though that you now have it fixed. Totally agree with you on the parts issue. ***************g everyone even the manufacturers using cheap made chinese parts. Glad you popped for the Timken bearing. |
|||
eric lavine
Grand Poobah Joined: August-13-2006 Location: United States Status: Offline Points: 13413 |
Post Options
Thanks(0)
|
||
i really think the Timkens are made i China now also, I swear to god that they got these bearings down to a science, they put a one year warranty on them and i just did some this week, they went 14 months and the two i replaced on the stratus were bad again,
i put some high end Napas on a 1500 truck, luckily the customer purchased them, both sensors are bad on the front after 8 months, free bearings, but not free labor. really the bearings are taking a *************** up here in Ohio because of the brines that are being used on the roads, unlike salt it becomes active at a certain temperature and is like acid on these bearings. |
|||
"the things you own will start to own you"
|
|||
eric lavine
Grand Poobah Joined: August-13-2006 Location: United States Status: Offline Points: 13413 |
Post Options
Thanks(0)
|
||
so how is America better off? surrendering? or Joining?
|
|||
"the things you own will start to own you"
|
|||
ononewheel
Gold Member Joined: June-21-2011 Location: B Status: Offline Points: 776 |
Post Options
Thanks(0)
|
||
Bet you will be putting engine cradle bushings in. Well, the repair shop will. It is so common, I bet the local dealer has 12 on hand. |
|||
ononewheel
Gold Member Joined: June-21-2011 Location: B Status: Offline Points: 776 |
Post Options
Thanks(0)
|
||
Can't have it both ways.
Mad they were bailed out. Happy they are doing well. Does that mean the economy is on the uphill now or was it wasted money? |
|||
eric lavine
Grand Poobah Joined: August-13-2006 Location: United States Status: Offline Points: 13413 |
Post Options
Thanks(0)
|
||
wanna go to the party but dont wanna bring beer
|
|||
"the things you own will start to own you"
|
|||
eric lavine
Grand Poobah Joined: August-13-2006 Location: United States Status: Offline Points: 13413 |
Post Options
Thanks(0)
|
||
a loan and a bail out are 2 different animals....a bail out is what we did with AIG which me and you absorbed in our 401ks a loan is something that is paid out and paid back with interest from the ones that borrowed it and it fcn worked. GM is budding like a spring flower putting people to work. not to hard to understand.
|
|||
"the things you own will start to own you"
|
|||
eric lavine
Grand Poobah Joined: August-13-2006 Location: United States Status: Offline Points: 13413 |
Post Options
Thanks(0)
|
||
isnt it a good feeling putting your neighbor back to work? you know the ones, the ones that worked for twenty years and all of a sudden got laid off and then haad to suck off the system, you know the lazy people, the poor
|
|||
"the things you own will start to own you"
|
|||
ononewheel
Gold Member Joined: June-21-2011 Location: B Status: Offline Points: 776 |
Post Options
Thanks(0)
|
||
Yeah, I understand it. Just saying it's all hypocrisy. I have a feeling there are some who wished GM would have failed and lost all the money, just so Newt could get a job and the middle lost theirs. |
|||
MI-nick
Gold Member Joined: January-12-2009 Location: Ypsilanti, MI Status: Offline Points: 813 |
Post Options
Thanks(0)
|
||
just so you know...toyota laid off NO ONE in the US during the recession/recall BS/Tsunami/Floods...they paid the line workers to sweep the floors or organize the parts or try to find ways to improve the production process...so they could stay employed and wouldn't have to suck off the system...engineering staff (like me) and management took pay cuts/got no bonus to keep EVERYONE employed...they did NOT pass there problems on to the citizens or government...just so you know... |
|||
As far as I can tell, I'm not quite sure...
|
|||
critter
Platinum Member Joined: January-11-2008 Location: New Hill, NC Status: Offline Points: 1227 |
Post Options
Thanks(0)
|
||
And you think it not hypocrisy when you bail out one when so many are going under around them. I am sure that there were no middle class working for any of the companies that were allowed to go bust. GM should not have been bailed out unless they were willing to bail out every business in the US. Governments should not pick and choose. It should be all in or nothing. And taxpayers cannot afford to go all in. |
|||
1980 Ski Nautique
1966 Barracuda |
|||
eric lavine
Grand Poobah Joined: August-13-2006 Location: United States Status: Offline Points: 13413 |
Post Options
Thanks(0)
|
||
so Critter, if Toyota flopped and their sales crashed, would you personally give them a loan? as GM grows, Toyota will lay off and the workforce will switch back to GM because of the experience in the auto industry, its tit for tat,
there surely is alot more involved in doing business in this country and why Toyota and Honda set up shop here, it wasnt for the American Employee, it was better for business....if their sales flopped they would chew you up and spit you out and get back on the boat and head east and wipe their hands of you. its about the bottom line and the marketing make you feel like your 40k car was built right here in the good ole USA, you cant see the aftershock of what is happening GM is our brother, and we take care of our brothers, a garden grows when you water it, and everyone eats. Ive been around just long enough to see the recoil of the Auto industry, it drove this countries wheel, there's alot of Ghost towns in this country and but the other side of the coin, we dont want to take care of our poor, well these are the poor that had allegiance to these companies, we need big business in this country and have to quit relying on others, do we need someone making making 35.00 bucks an hour to push a broom, no, not really, but we need the opportunity for that man to make a good living and prosper. The government doesnt tell us what to purchase and we as citizens still have control of this. plain and simple the government is big business and needs revenue, they write checks too, they generate revenue from taxes. im past my prime so I really dont give 2 ***************s, obviously there is a problem or we wouldnt be talking about it, its funny that the persona is out there they we want to drill for our own oil to lower prices and become a less reliant country on Foriegn oil? please tell me the difference? |
|||
"the things you own will start to own you"
|
|||
critter
Platinum Member Joined: January-11-2008 Location: New Hill, NC Status: Offline Points: 1227 |
Post Options
Thanks(0)
|
||
If Toyota "flopped" and could not pay their bills, they should be allowed to fail just as the ACE Hardware was allowed to fail here in town and GM should have been allowed to.
I have friends that are out of a job, just as we all do. I did not expect the govt to bail any of them out. It is freedom for all to succeed or fail, no matter how large or what donations to a campain you make. |
|||
1980 Ski Nautique
1966 Barracuda |
|||
ononewheel
Gold Member Joined: June-21-2011 Location: B Status: Offline Points: 776 |
Post Options
Thanks(0)
|
||
What I don't understand is, why now that you see it is working can you still say it was a bad idea? Just because everybody didn't get the exact same help? It was pointed out about it being a loan, not a hand out. Though even if it were a hand out that would be a good thing, especially if you look at the consequences of not helping. With your logic, you shouldn't ever help anybody because you cannot help everybody. Seriously though I think it has less to do with campaign donations made than the amount of workers involved. |
|||
critter
Platinum Member Joined: January-11-2008 Location: New Hill, NC Status: Offline Points: 1227 |
Post Options
Thanks(0)
|
||
It was not the Govts money to spend. For any reason, Loan or Bailout.
Bingo... let those that feel help should be provided provide it. I give to the charties I wish to donate to. I do not pay taxes to be a charity. GM stock is still down even with all the media successful comments. Why, because the investing public does not yet feel comfortable with them. And that includes me. That is an example of public opinion. Lots of 401K money out there that could go to GM if the owners and investment firms wanted it to go there. Not happening yet. |
|||
1980 Ski Nautique
1966 Barracuda |
|||
OverMyHead
Grand Poobah Joined: March-14-2008 Location: MN Status: Offline Points: 4861 |
Post Options
Thanks(0)
|
||
GM is like the lutefisk of bailouts, a really bad idea that ends up with results that some like. GM was not a loan, when you get a loan the bank does not get to replace your CEO, rework your entire distribution, determine your product line, tell your creditors to pound sand, and give a big chunk of your company to your union workers. I am glad it worked out for the workers but why them? Housing stated this and the residential construction industry took a bigger hit than anyone. That would be non-union construction workers, what did the 10's of thousands of us guys get to keep us working? Bubcus! but we did get national debt that will slow down the recovery and we will have to help pay it back when things recover and we get back to work. Thanks Barrack for picking favorites.
|
|||
For thousands of years men have felt the irresistible urge to go to sea, and many of them died. Things got better after they invented boats.
1987 Ski Nautique |
|||
eric lavine
Grand Poobah Joined: August-13-2006 Location: United States Status: Offline Points: 13413 |
Post Options
Thanks(0)
|
||
Dave, I know figures are out and people are not buying new and re-investing money to re-model, is it helping you any? no pun, serious question
nothing wrong with a clean slate and re-orginization, it proved to be the right decision |
|||
"the things you own will start to own you"
|
|||
eric lavine
Grand Poobah Joined: August-13-2006 Location: United States Status: Offline Points: 13413 |
Post Options
Thanks(0)
|
||
you dont hear much about the radiation in Japan, if your ass burns in that new Camry let us know lol
|
|||
"the things you own will start to own you"
|
|||
86BFN
Gold Member Joined: July-28-2008 Location: Indiana Status: Offline Points: 882 |
Post Options
Thanks(0)
|
||
PAPA
Senior Member Joined: October-06-2009 Location: Fremont, In Status: Offline Points: 202 |
Post Options
Thanks(0)
|
||
Kind of a funny list. I looked at number 1 Camry and reviewers rated it a 4.2 out of 5. Was surprised a Ford Fusion was not on the list so I looked for a fusion and its reviewer rating and lo and behold it was a 4.8 out of 5. Go figure. |
|||
86BFN
Gold Member Joined: July-28-2008 Location: Indiana Status: Offline Points: 882 |
Post Options
Thanks(0)
|
||
The Ford Fusion is built by FORD in two locations. A Hermosillo, Mexico plant and in Detroit, Michigan, USA....
|
|||
JoeinNY
Grand Poobah Joined: October-19-2005 Location: United States Status: Offline Points: 5698 |
Post Options
Thanks(0)
|
||
The GM situation was one in which lack of government oversight had put the country into a financial collapse where there was no viable way for capital to be raised to privately restructure GM. (One can argue that the GM was so large as for that to be all but impossible anyway and that companies too large to function in a private market are a danger to that free market but to compete as an automaker currently is only possible through such scale) It is a global market and the japanese, germans, french, chinese, etc all have no problems with helping out or nationalizing a company when it is in thier strategic interest. If we dont all want to be working for overseas interests then we are going to need to play on the same level as they are, or my next 5 patents will go foreign owned companies just like my last 5 have. When restructures and bailouts in this country have come through private equity means (the Mitt Romney or Warren Buffet option)... and all the conditions referenced above are absolutely typical including replacing your CEO - so I dont really get where you are going with this... A - we should not do what other countries would do and simply give up on the idea of american owned car companies. (Ford wouldnt have made it when thier suppliers started closing en mass due to the GM and Chyrsler collapse) B - we should have loaned them money with no conditions to piss away to the previous stock holders and existing failed leaders who were the ones that brought them to bankrupcy and irrelevancy? (like we did with AIG) and not C which we did and which worked, but was done by the wrong party so must be hated and mocked in every way |
|||
critter
Platinum Member Joined: January-11-2008 Location: New Hill, NC Status: Offline Points: 1227 |
Post Options
Thanks(0)
|
||
Joe, you were on a roll until "C". This has nothing to do with Party... Bush was just as wrong. Everyone keeps telling me we are all equal here in the US. So bail them all out or none of them. No exceptions.... Why did we not bail out Solyndra ? Investors were running from them too. Personally, I think that we are equal only twice in our lives. The moment of birth and the moment of death. Hope that you had a safe trip with the Wildcat... too much snow and ice for my taste.... |
|||
1980 Ski Nautique
1966 Barracuda |
|||
JoeinNY
Grand Poobah Joined: October-19-2005 Location: United States Status: Offline Points: 5698 |
Post Options
Thanks(0)
|
||
the all or none thing would certainly be more fair but it would involve us not allowing companies to grow so large as to be able to destroy the economy with thier collapse, or so large as to be able to crush start up competition. Which might be where I would be if I had my drothers... but I don't and the world is what it is. Somewhere along the line we decided the benefits of having cheaper cars (insurance, loans, oil, airlines, aircraft, and a few other key industries) outweighted the cost of allowing people to be ruled by corporations that don't always act in the best interest of their owners (the stock holders).
Allowing corporations to act in a free market and calling it capitalism has gotten to be crazy in the last 40 years. These huge multi national corporations cannot be expected to know what is in thier own best interest much less act in thier own best interest and therefore cannot be a part of a functioning free market. If we need to allow absurd outsized corporations then we are going to need to find a way to allow them to function without destroying the people that own them while enriching only those that are paid to run the company for them. Sadly, that means a large regulation structure in government or economic slavery to the ultra rich. At this point I don't trust any company not being fundamentally run by the owner or some reasonable amount of significantly invested partners. Trying to take the high road on having a reasonable government while allowing corporations a free hand is a nice place to think you can live but you wont like the reality. |
|||
MI-nick
Gold Member Joined: January-12-2009 Location: Ypsilanti, MI Status: Offline Points: 813 |
Post Options
Thanks(0)
|
||
this is the crux of the biscuit here...people who agree with the bailouts generally ASSUME the economy would collapse without them...people who don't agree with the bailouts generally ASSUME that the economy would work itself out and be better off afterwords. it is my belief that with the bank bailouts and auto loans we are rewarding poor business choices...and encouraging the same in the future...if you're too big to fail, why not take a huge risks...if it pays off you keep the money, if it doesn't you stick to U.S. with the loss...F that... there was a time in 2005 when I ALMOST bought my first house...but, it didn't make any sense what the realtor was saying to me about housing prices always going up, equity, trade up in 2 years, etc, etc...it also didn't make any sense what the mortgage broker was telling my about ARM's and balloons and interest only...not to mention the asking price of the house didn't make any sense...so I passed. three years later I bought my first house on a lake for $100K LESS than the PO payed in 2005. if all these *************** morons would *************** think about what they are *************** doing...we wouldn't have these problems of the need for bailouts... |
|||
As far as I can tell, I'm not quite sure...
|
|||
JoeinNY
Grand Poobah Joined: October-19-2005 Location: United States Status: Offline Points: 5698 |
Post Options
Thanks(0)
|
||
You dont have to assume anything, you can study history and economics and it becomes easy to see what will happen. Or you can watch the smoke and mirrors.
|
|||
MI-nick
Gold Member Joined: January-12-2009 Location: Ypsilanti, MI Status: Offline Points: 813 |
Post Options
Thanks(0)
|
||
please enlighten me.
|
|||
As far as I can tell, I'm not quite sure...
|
|||
eric lavine
Grand Poobah Joined: August-13-2006 Location: United States Status: Offline Points: 13413 |
Post Options
Thanks(0)
|
||
I really dont think Japan has the resources to continue building cars on their little island, you know the one we dropped the bombs on? so why not move it right into the playing field, rob our resources and jobs, get the same money...just like the same concept of the Nike shoes, why do you think scrap prices are so high? the zips are buying all of our scrap.
i will not bow to a red dot, not now, not ever. Japan's economy isnt crumbling, ours is |
|||
"the things you own will start to own you"
|
|||
Post Reply | Page <1234 7> |
Tweet
|
Forum Jump | Forum Permissions You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum |