Forum Discussion
tomman58
Sep 19, 2013Explorer
Perrysburg Dodgeboy wrote:
Spoon you won't get a "retraction" but I will give you that apology. Kind of a sore spot with me and when someone says that GM and Chrysler should have been left out in the cold. It is just mind boggling to me.
Just so you know, your statement
"I don't have an exact number of how many jobs are tied (tided...?typo sorry LOL) in to the auto industry, but I do have a simple understanding of the free market. Free market encourages competition. A company needs to make a product that the buyer needs, for a price that the buyer is willing to pay, at a cost that the company can afford to make and turn a profit. Ford, GM, Chrysler, Toyota, Honda, Kia, Hyundai, Mercedes, BMW etc all make a similar product. If one of those companies goes out of business, their market share is divided amongst the remaining companies."
The Companies highlighted in red ALL received money form their Countries! EVERY LAST ONE OF THEM! GM and Chrysler only needed their lines of credit extended. But the BANKS you know the ones that received Trillions most paying nothing back, refused to extend GM and Chrysler's lines of credit leaving them with no option but to go to the Government for help.
If you wish to not buy a GM or a Chrysler you won't hurt my feelings one bit. I have never said this before to anyone, but I hope you don't! So you know Ford and the other car companies all get their parts from the same suppliers, so yes if GM and Chrysler went under they would take all but the largest suppliers with them. Causing the other companies to also go under! Not to mention the fact that millions of Americans would be unemployed and collecting unemployment, food stamps, no health care, more home foreclosures, personal bankruptcy and God knows what else I have forgot.
So I'll ask you if you still think Bush and Obama did the wrong thing?
BTW here's your typo "I think that pricate (private...?) industry should remain private and the government should not show preference to onw (one...? company or one industry over another." Kind of childish don't you think?
Don
Don bear in mind in your rant that the majority of foreign cars are subsidized by their government. The Japanese in particular made the Prius and lost on every one they made but the gov made up the difference.
I am still waiting for the congress to try to survive a month on food stamps, most that have tried gave up from starvation or near it the first couple of weeks. Bush did as Obama told him prior to the transition by the way. Obama did the heavy lifting. The Great Recession is said to have cost the US 22 TRILLION in the latest Texas study. Kinda makes all the non job programs a drop in the bucket.
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