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Al Cook
Byrne Robotics Member
Joined: 21 December 2004
Posts: 12734
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| Posted: 12 November 2008 at 10:45am | IP Logged | 1
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Who needs a Hummer? I...
Oh. Wait. Just see Tom has beat me to it.
Dang.
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Bruce Buchanan
Byrne Robotics Member
Joined: 14 June 2006
Location: United States
Posts: 4797
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| Posted: 12 November 2008 at 10:45am | IP Logged | 2
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That's a great point, Tom. Toyota is doing well for that very reason - they make cars that people want to buy.
The U.S. automakers don't need a bailout. They need to step up and compete. Chrysler did it before back in the 1980s and there's no reason the American auto companies can't do it again.
I think the appeal of the Hummer is more of a status symbol/ego thing. It certainly isn't a practical vehicle for civilian transportation.
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Michael Roberts
Byrne Robotics Member
Joined: 20 April 2004
Location: United States
Posts: 14920
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| Posted: 12 November 2008 at 10:58am | IP Logged | 3
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Jamie Gorelick is on the big O's list of Attorney General nominees?
The one who erected the "wall" that kept the NSA/CIA from talking with the FBI pre-9/11.
Not
to mention, she made nearly 26 MILLION dollars as the vice-chair of
Fannie Mae from 1998-2003. Guess they think she hasn't done enough
damage to the country.
Hope. Change. Right?
---
So we are now second-guessing Obama for decisions the New York Times thinks he might possibly make?
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Todd Douglas
Byrne Robotics Member
Joined: 14 July 2004
Posts: 4099
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| Posted: 12 November 2008 at 10:59am | IP Logged | 4
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QUOTE:
| That's a great point, Tom. Toyota is doing well for that very reason - they make cars that people want to buy.
The U.S. automakers don't need a bailout. They need to step up and compete. Chrysler did it before back in the 1980s and there's no reason the American auto companies can't do it again. |
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Saw a bumper sticker Friday after picking up my son from school. Said "Don't like the economy? Buy American!"
It was on a Nissan.
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Al Cook
Byrne Robotics Member
Joined: 21 December 2004
Posts: 12734
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| Posted: 12 November 2008 at 11:00am | IP Logged | 5
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I thought the same thing there, Michael.
It amazes me that people will put so much effort so as to try to create
something, anything to be negative about.
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Guests
Byrne Robotics Visitor
Joined: 01 October 2003
Posts: -26
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| Posted: 12 November 2008 at 11:03am | IP Logged | 6
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Chrysler did it before back in the 1980s and there's no reason the American auto companies can't do it again.
Bring back Iacocca !
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Christopher Alan Miller
Byrne Robotics Member
Joined: 26 October 2006
Location: United States
Posts: 2787
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| Posted: 12 November 2008 at 11:07am | IP Logged | 7
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Chrysler did it before back in the 1980s and there's no reason the American auto companies can't do it again.
+++++++++++++++++++++++++++++++++
Chrysler got a bailout in 1980.
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John OConnor
Byrne Robotics Member
Joined: 01 August 2004
Location: United States
Posts: 1112
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| Posted: 12 November 2008 at 11:11am | IP Logged | 8
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Chrysler got guaranteed loans in 1980 -- not quite a bailout; they also paid them back, with interest, several years early.
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Greg Reeves
Byrne Robotics Member
Joined: 06 February 2006
Location: United States
Posts: 1396
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| Posted: 12 November 2008 at 12:00pm | IP Logged | 9
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I know zip about economics, but instead of a stimulus package, what about gift certificates for consumers to buy vehicles? I know that with the first stimulus package, it went right into our savings account to help with various little bills. If they give Americans a "use anytime" automotive gift certificate, won't more people buy cars?
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William McCormick
Byrne Robotics Member
Joined: 26 February 2006
Posts: 3297
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| Posted: 12 November 2008 at 12:14pm | IP Logged | 10
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Not to mention, she made nearly 26 MILLION dollars as the vice-chair of Fannie Mae from 1998-2003. Guess they think she hasn't done enough damage to the country.
*************
Just curious, but is anyone who ever worked for Fannie and Freddie in the past, guilty of the problems facing them in the present? How far back do you go before you can't be blamed for something. I mean this woman worked for them 5 years ago. Is she really at fault for their financial problems now?
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Monte Gruhlke
Byrne Robotics Member
Joined: 03 May 2004
Location: United States
Posts: 3298
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| Posted: 12 November 2008 at 12:28pm | IP Logged | 11
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Good question William... perhaps it's like the time-tested but proven addage; follow the money and you will find the guilty parties.
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Joe Zhang
Byrne Robotics Member
Joined: 16 April 2004
Location: United States
Posts: 12842
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| Posted: 12 November 2008 at 6:18pm | IP Logged | 12
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Regarding the bailouts, in the coming weeks there will be a lot of talk about how it's "insane" to prop up failing businesses. About adhering to the "capitalist principles" that made our country great. I just want to point out in advance, its a lot easier pontificating about principles when its not your own immediate livelihood at stake.
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