CruelNUnsual
Posts: 624
Joined: 9/28/2008 Status: offline
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quote:
ORIGINAL: PlayfulOne quote:
ORIGINAL: CruelNUnsual quote:
ORIGINAL: MarsBonfire As I recall, Ford is doing fine, and isn't under Government control... neither is Toyota, Huyndai, Honda, or any other fine brand of gas efficient car on the market. Sure, they took a hit with everyone else in the downturn, but they sure don't seem to be running to the Hill, simpering for a bailout.... Nope, oddly enough, only the makers of huge ass, gas guzzling Hummers, and other Earth killing vehicles are sinking into the tar pit. Gee, I wonder why that is? (Psst... it's because they deviated from Lee Iacocca's plan for the future. They didn't change with the shifting market. They rested on their asses, and their competition wiped the floor with them.) If they die, they have only themselves to blame. I guess you missed that Toyota has asked the Japanese government for a bailout. Another theory shot to hell. Toyota "Financial" applied for a loan from the state backed bank. That money is expected to be used for auto loans, mostly in the US. Not nearly the same as a "bailout" to keep the doors open. K sure it isnt. Ford goes to Blowbama and says I dont want a bailout. I just want Citi (a state owned bank in his mind) to loan me 20 billion dollars so I can loan people the money to buy GM cars at no interest and in fact at a discount because my inventory has carrying costs. And btw Im not going to do any credit checks so the loans may not get paid off, and if they dont I cant pay you back. A rose is a rose is a rose.
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