Does anyone else remember the last time the Gov. had a say in what kind of cars the Big three produced?
Not directly like is being proposed now, but do you remember the economic events that brought us the K car? The gas lines, the inflation, sorry stagnation (brought to us by the same guy under Carter, that Obama now has controlling the same thing)? Are we destined to drive a new version of the Pinto? And what about the companies that have to use vans and trucks? Mini-trucks are good for teenagers but try loading one full of landscaping rock. Try delivering an X-ray unit in a new Chevy HHR, or a Honda Oddesy. Gas spiked, leading to people not having enough money to go to work and pay the mortgage, which some should not have had in the first place. Now it is the Big Three at fault Americans have always bought big cars and trucks, unless forced to do otherwise? Chrysler got a loan in the eighties, paid it back early and was a viable company again for years, I do not see AIG, CITI group etc paying anything back to the tax payer. After all it is our money the Fed is using to “bail out” bankers, without thought of repayment. What is so bad giving a loan, many gov’s give their manufactures loans without conditions. Remember one of the biggest opponents of this Sen Shelby R-Al has much to be vocal for, look at all the foreign plants that are in Alabama. Funny how you did not hear Sen Shelby voice opposition to all the tax breaks he helped them get to move to Alabama. Does this employ Americans? Yes, do the profits and taxes from those companies stay here? NO. I live in Michigan where NAFTA has helped decimate the manufacturing base in a state that is dependent on it. I believe that part of the loan structure should include bringing back the jobs that have been shipped to Mexico and Canada, India and Pakistan, even at lower wages it is still American jobs for “American” car companies. And say bye to the union as a separate entity, they had their place to help workers in a time when owners did not have safety conditions to adhere to, OSHA to contend with and child labor laws. Not to mention Comp laws. The UAW has become a corporation unto its self now, why is Ron Gettlefinger not forced to disclose his compensation? How did he get to DC? How much does Union top management make? And how much would this take from the cost of a car. NOT THE LINE WORKERS, MANAGEMENT. (you need management for a union of factory workers?) How about representation Unpaid since it is supposed to be about solidarity, and the worker? I read all these polls but wonder why they slant to not helping Amercian companies that actually make something? I hear that they do not make the cars we want, Funny that the SUV is the highest selling vehicle ever produced here? If we did not want a Cadillac they would not have survived this long. If a 4wd, long bed, extended cab, v-8 pickup was not wanted why do so many drive them? BS. Are we to go from Hemi to 4cylinder yet again, because the idiots on the Hill?
Thoughts please?
mexico wholesale mortgage
Posted by Admin on February 16th, 2008 :: Filed under Government
Tags :: American Car, Chevy Hhr, Enough Money, Hhr, Loan Structure
