Thread: Big 3 bailout

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Originally Posted by Ron75

Have any of you seen or read the posts on other sites where Ford is going to sue and make any site that is car specific stop using the cars name? For instance Mustangs Unlimited got a letter from them supposedly telling them they could not use the Mustang name and there is a site like this one that is for the Ford Ranger owners and that site administrator said he had received notice from ford that he could not use the Ranger name any more as that was their name. Talk about a way to win customers and when they have their hands out wanting the tax payers to bail them out. I suppose all sites with any Ford car name are going to be receiving the same warning to stop using the name.

Ron

I'm late to this thread but, I think info like this is great for sending to Shawn Hannity if anyone has it.

Am I missing something... isn't Chrysler owned by the Germans?, Ford doesn't need the bailout (right now), that leaves GM. So how does that add up to the Big 3?

Bob I think you got the Pesoli features designed by Ted wrong. I believe he has the self bailing feature in case of water damage, with the one person escape raft!

What a hilarious mess it is.... The UAW who loves every Democrat they have ever met sits around calling the Republicans union busters, and are now getting in line to suck up to the Republican president who will overide the Democratic Congress and give a bunch of money to the car companies so all the UAW guys can keep their jobs till the Democratic President takes charge and will give them even more monies they can never hope to repay....


Do I have it about right, or did I miss something????

Couldn't have said it better Dave.

Sounds about right Dave. In the end, it will be nice to see Ford Chevy and Chrysler names still driving down the road and more importantly doing the trans am theme sports cars again! It does seem major change is on us, like it or not, agree with it or not, and supportive or destructive in some peoples minds. We just need to form a hot rod lobby that shows the merits of this sport and toss in statements like we are promoting and financing the auto industry infrastructure, and therefore 1 out of ten american workers, so please don't restrict us!

I keep calling 1-800-BAILOUT so I can get on the list for these handouts!!!! err, I mean bailouts!!! been nothing but a busy signal for a week!!!!!

Here's another thought.... My dog and I were just discussing this, and it makes sense to me.....: Ford is doing ok, so if GW taps the TARP money and gives it to the big 3, maybe the guys at Ford will just sign the check and forward it to me to help with next year's racing budget????

Gotta go now, need to call Ford and make sure they have my address!!!!!!!!!!!!!!!

(definition) democrat democracy. is two wolves and a lamb voting on what to have for dinner. if you voted for change, bend over grab your ankles cause you ain't seen nothing yet....ted

You got it right Dave, yes there are two parties and UAW likes one better than the other! Regarding Chrysler Corp., the Daimler Corp. sold it back to a a U.S. consortium that is a private Corp. and the books are not as public as would be GM's books so few actually know their true financial situation, but GM did want to buy Chrysler supposedly because Chrysler has more cash on hand than GM and GM could use that cash to live a little longer. The key to the situation is that UAW Pres. Gettlefinger dredged up some internal memo from Toyota which boasts their wages are actually a few dollars higher per hour than GM. I am skeptical of that claim and after Gettlefinger's Press Conference several of the FOX Business staff said clearly that the Toyoto wages are only slightly more than half what the GM UAW contract provides. I can understand why the GM UAW workers don't want to give in because they have a sweet deal but the danger is to them that GM may simply be liquidated and they will lose their jobs permanently AND the U.S. will lose a proud marque with a rich history. Then again maybe Ford will be the only U.S. survivor and NASCAR next year will have Joe Gibb's Toyotas running against Roushe Fords and some left over out-of-date SBCs and Dodges and maybe the Chevy dominance in NASCAR will be long gone? I am very sorry to see GM go under but if the current UAW contract is maintained until 2011 that may be the end of GM? Hey what do I know? The weather got up to 52F today and I spent most of the day wiring my restorod instead of watching the circus on Fox Business. If you are unaware of Fox Business, you need to look in just to see the ladies if nothing else and maybe they are right a lot of the time?

Don Shillady
Retired SCientist/teen rodder

Originally Posted by Dave Severson

What a hilarious mess it is.... The UAW who loves every Democrat they have ever met sits around calling the Republicans union busters, and are now getting in line to suck up to the Republican president who will overide the Democratic Congress and give a bunch of money to the car companies so all the UAW guys can keep their jobs till the Democratic President takes charge and will give them even more monies they can never hope to repay....


Do I have it about right, or did I miss something????

Your right.They will get there money,pretty soon..........see below.

http://www.uaw.org/e08/story/e08_0610_01.php

http://blog.aflcio.org/2008/11/04/ob...nk-in-indiana/

Whats worse?
a. UAW
b. foreign car manufacture not impeaded buy tariffs
c. bail-out of failing mismanaged company
d. US buyer who likes to buy foreign cars
e. UAW worker who buys foreign car manufactured in USA
f. all of the above

I cannot understand why foreign car manufactures make money making cars in US factories and our homegrown manufactures make our cars in foreign factories.
Did we forget? What would your grandfather buy?

As a UAW worker with only 14 years in i agree when the contracts where written when it was a fat economy . They where written on a share the wealth concept that worked when the auto makers could pay benefits and still make Billions in profits. We couldn't make in a life time of what they make in months . Am i open to restructure a new contract to help it survive yes but not at an exspence where the light bill will have to wait till next week NO . They want there money now right . Com Ed workers make more then me as do the gas company workers. AS do a lot more Americans working .

I have seen this Country go from a industrial age to almost all imports still coming back for our money . They ship in with the companies making Billions in profits and paying foreign workers zip from there profits .

We need more balance in export and import to create a self sustained economy for the U.S.

What about the body man, the plumber , the electrician do they need there wages dropped so Americans can afford to use them . The effect will be to the whole economy as said previous . Will this effect your job i am sure down the line it will .

I'm glad some Union workers are speaking up.

You guys that say bust the unions it sounds like most have never been in a Union. I’m not saying all Unions are good; there are good and bad in everything. Just this morning one of the Union spokesperson said that 10% of the car cost is labor. I have been in one of the toughest Unions in this country Ironworkers Union number One Chicago since 1967, and I’ll guarantee that we are not slackers.

Some guys on this site are like me in bad health physicaly, my union pays for my medical, with me paying a fair amount per month. Without the union that I worked for doing hard work, and got busted up over the years, I would be in big trouble. I could not pay for what it cost each month.

Know what you are talking about and who you blame before generalizing unions, like I said there are good and bad in everything. I’ve said before and I’ll say it again if it were not for Unions in this country we would still have child labor. Now we buy our products where they have child labor. Some work for $1.00 a day.

A lot of people in this country without working for unions make 6 figure dollars today break that down per hour and see what you come up with. Most of us older people that have sent our kids to college make big money put it down per hour and see what it comes to.

If you make $200,000 today and there are a lot of people that do. Divied that by 52 it comes to just under 4,000 per week 40 hours just under $100 per hour. Do they have benefits? Keep adding. Ask some on here that don't work for the unions to break down per hour what they get, it's always been bust the unions as long as you are not working for a union. Did you guys see the guy that stole other people's money to the tune of $50 billion how much would that be per hour. It's not the little guy but we always get blamed.

When I was making $5.00 an hour in 1968 Steel mill workers were getting $3.00
Anytime a guy wants to make the money go put up steel or work on the towers, you won't be saying it's too much money then. Like I said don’t generalize all Unions.

Richard