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View Poll Results: Should US automakers be bailed out by taxpayers? | |||
Absolutely. Not to do so would be cataclysmic for the economy. |
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6 | 15.00% |
No way. Capitalism = survival of the fittest, tough. |
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30 | 75.00% |
Unsure. Not sure where I stand on this. |
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4 | 10.00% |
Voters: 40. You may not vote on this poll |
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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Join Date: Dec 2004
Location: Back in Blighty
Posts: 4,277
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![]() Not sure myself, where do you stand on this issue?
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#2 |
Confirmed User
Join Date: Nov 2007
Posts: 937
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I explained this to my brother in this way..
Let's say I'm selling lemons ( hehe ) downtown, with a nice lemon cart.. let's say constantly , each year, I'm constantly selling these lemons, but I'm taking a loss.. cause lemons are lemony and don't taste all that great.. and the apple cart across the street is constantly making profit.. cause apples are good, and taste better ... No matter how I dress up my lemons, I'm gonna lose money.. and I can't afford to keep my lemon cart afloat.. Would you lend me money knowing that no matter what I do , those lemons are gonna sell at a loss? NO the US automakers are fucked. I'm too drunk to explain this aswell as I did earlier today, but fact is , the automakers WILL NOT be bailed out.. Say goodbye to GM, Chrysler and Ford... I mean, it's like weekend at Bernie's .. they can prop the fucker up.. but he's still dead. |
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#3 |
Confirmed User
Join Date: Jun 2005
Posts: 1,605
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not again, please use the search function
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#4 |
So Fucking What
Industry Role:
Join Date: Jul 2006
Posts: 17,189
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fuck corporate welfare
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#5 |
Confirmed User
Industry Role:
Join Date: Aug 2006
Location: Nassau, Bahamas
Posts: 3,133
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The fact that in a recent Ford commercial they proclaimed that their standard was now at least at high as Honda shows that they are fully aware of their sub par performance in the global auto industry.
The bank bailout was a necessity as those organizations form the pillars of the US economy. But if the auto makers are bailed out, then who else will be next in line for a handout? Sacrifice now, strengthen the weak points, rebuild, innovate and re-energize. The tough times always make an entity stronger, if it can survive the blow.
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#6 |
Confirmed User
Join Date: Dec 2004
Location: Back in Blighty
Posts: 4,277
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Apparantly if one fails, they all will due to the interconnected supply and distribution channels...
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#7 |
Confirmed User
Join Date: Dec 2004
Location: Back in Blighty
Posts: 4,277
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Looks like US car bail-out has failed in the Senate...
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#8 |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,656
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If they don't get bailed out. I highly suggest stocking up on lots of guns and storable foods. All hell will break lose before you know it. I'm beginning to think they are trying to put us under martial law before GWB even gets out of office with all this shit.
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#9 | |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,656
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Quote:
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#10 |
Confirmed User
Join Date: Nov 2007
Location: Tampa, FL
Posts: 692
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Automakers are just going to have to take the hit and get more in debt by having foreign banks give them large amounts of loans and automakers will use the loans to invest in building telemarketing, mechanic/engineering, sales and development jobs for people to do the marketing for the automaker, financial debt consolidation with the bail out in financials this all will help people be able to afford mortgages and rates . and with the appreciation and growth in real estate will cause more people and families to be able to afford to buy more cars, services and the lower gas prices will have people driving often causing more car repairs generating more revenue for automakers and people spending billions on repairs and car services in the next 10 years. With all this in effect has our stock market booming higher then ever! Then it will all repeat again.
My mind can still continue and this story can get more in dept but ima pass out.
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#11 |
Guest
Posts: n/a
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#12 |
Confirmed User
Industry Role:
Join Date: Nov 2001
Location: NYC
Posts: 3,927
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#13 |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,656
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#14 |
Confirmed User
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Join Date: Jul 2007
Location: carmel
Posts: 2,553
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When Chryslers CEO recently went to DC in a corporate jet (probably not the smartest source of travel when asking for a bailout) he stated the average wage for a union employee was $73 an hour... How can a business model work if thats your payroll and you charge 30k for a car that the asians build better? The unions have created this mess, no way should the taxpayer rescue these companys UNLESS the union/ payroll takes a drastic cut/ reform. Otherwise they will end up in the same scenario a few years down the road. btw, if these guys get a bailout, look for the airlines to do the same, unions killed that model to... Just my take
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#15 |
Confirmed User
Join Date: May 2007
Posts: 358
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i agree with poncabare. and it's insane how much union jobs make. my bro works for a nuclear plant as a mech. engineer and at some of these plants the union jobs are out of control. when a light fixture, a normal light bulb, needs to be changed no one can change it but the union guys who get paid $100 an hour. come on site and change a light bulb. it's nuts these unions ruin industries. you think you're protecting your job but they get too much muscle. oh well i hope they saved up their money - everyone needs to be broke sometime to appreciate the value of money.
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