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ORIGINAL: DesideriScuri

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ORIGINAL: DomKen

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ORIGINAL: DesideriScuri

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ORIGINAL: DomKen
If GM and Chrysler had been allowed to collapse that would have wiped out both the 2 million+ jobs the companied employed directly plus the millions more in the businesses that supplied parts to them. In the middle of the worst recession since the Great Depression. That would have essentially shut down our economy.
Is that what you really wanted?

What would have come up in their places, Ken?

Nothing for years. You understand that right. For many of the people put out of work no equivalent job would ever have come along.

So you think. You don't think Ford would have tried to pick up some lines? Some plants? Some workers? Fuckin'-A! They would have lost a shit load of competition, increasing the demand for their vehicles!

Saturn was nearly bought by Penske.

So, instead of letting shitty business practices die, they are allowed to continue, by government decision. Not only that, but the rights of individual bondholders were shit on (by the government) during the bankruptcy process to boot!

You have a shitty attitude towards the entrepreneurs in America. You truly do.

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ORIGINAL: DomKen
Do you understand nothing of recent history? Ford couldn't buy those lines because at the time Ford was just barely hanging on and no one else could because there was no money to be loaned to get the capital to make that kind of purchase. So even if some one did come along it would have been years later after those plants had been shuttered and the economic damage had been done.

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Only right wingers with an irrational hatred of the President think saving GM and Chrysler at that moment in time was a bad idea.

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ORIGINAL: DomKen

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ORIGINAL: DesideriScuri

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ORIGINAL: DomKen

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ORIGINAL: DesideriScuri

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ORIGINAL: DomKen
If GM and Chrysler had been allowed to collapse that would have wiped out both the 2 million+ jobs the companied employed directly plus the millions more in the businesses that supplied parts to them. In the middle of the worst recession since the Great Depression. That would have essentially shut down our economy.
Is that what you really wanted?

What would have come up in their places, Ken?

Nothing for years. You understand that right. For many of the people put out of work no equivalent job would ever have come along.

So you think. You don't think Ford would have tried to pick up some lines? Some plants? Some workers? Fuckin'-A! They would have lost a shit load of competition, increasing the demand for their vehicles!

Saturn was nearly bought by Penske.

So, instead of letting shitty business practices die, they are allowed to continue, by government decision. Not only that, but the rights of individual bondholders were shit on (by the government) during the bankruptcy process to boot!

You have a shitty attitude towards the entrepreneurs in America. You truly do.

Do you understand nothing of recent history? Ford couldn't buy those lines because at the time Ford was just barely hanging on and no one else could because there was no money to be loaned to get the capital to make that kind of purchase. So even if some one did come along it would have been years later after those plants had been shuttered and the economic damage had been done.

Only right wingers with an irrational hatred of the President think saving GM and Chrysler at that moment in time was a bad idea.

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ORIGINAL: DesideriScuri

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ORIGINAL: DomKen
Do you understand nothing of recent history? Ford couldn't buy those lines because at the time Ford was just barely hanging on and no one else could because there was no money to be loaned to get the capital to make that kind of purchase. So even if some one did come along it would have been years later after those plants had been shuttered and the economic damage had been done.

Ford didn't need the money, so they didn't take it. Ford had already done the hard work in getting to that point. There were times where it was a lot worse at Ford. They took the steps they needed to take, and came out an awful lot stronger. When the recession hit, they weren't completely fucked, like GM and Chrysler.

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Only right wingers with an irrational hatred of the President think saving GM and Chrysler at that moment in time was a bad idea.

Hey, dumbass, who bailed out the automotive sector?

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ORIGINAL: Sanity

Crazyml should go open up a girls' school in an ISIS held area. I understand there is an extreme shortage

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ORIGINAL: DomKen

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ORIGINAL: DesideriScuri

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ORIGINAL: DomKen
Do you understand nothing of recent history? Ford couldn't buy those lines because at the time Ford was just barely hanging on and no one else could because there was no money to be loaned to get the capital to make that kind of purchase. So even if some one did come along it would have been years later after those plants had been shuttered and the economic damage had been done.

Ford didn't need the money, so they didn't take it. Ford had already done the hard work in getting to that point. There were times where it was a lot worse at Ford. They took the steps they needed to take, and came out an awful lot stronger. When the recession hit, they weren't completely fucked, like GM and Chrysler.

Just because Ford didn't file for bankruptcy didn't mean they weren't in trouble. Ford was just slightly more solvent and managed to not have to file but you can check it was widely believed that they might have to file as well. They credit crunch hurt all 3 very badly.

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Only right wingers with an irrational hatred of the President think saving GM and Chrysler at that moment in time was a bad idea.

Hey, dumbass, who bailed out the automotive sector?

Obama. W gave GM some TARP money but it was just a stall to let him get out of office. Chrysler didn't even enter bankruptcy until April 2009.

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ORIGINAL: Musicmystery

https://www.youtube.com/watch?v=cBy07Qk7RTg&feature=kp

Have another look at the world my my.

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Arizona really feels alright
Girls swing here and they treat you right
Have so many special ways, you know
And that's alright
Was so hard to leave and say goodbye
I'd like to stay and have another try
Mind blowing all the way, you know
Just out of sight

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ORIGINAL: mnottertail

And I searched, but there is no song 'Arizona'.