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GM raises production as "clunker" sales rise

Congrats Redress, I hope everything goes well for you. Perhaps people going back to work will stimulate some more spending and help the economy out a little more.
 
Anyone going back to work is great. Let's hope things recover quick enough that you stay working.
 
Reuters-3:00 pm 8-18-09

GM raises production as "clunker" sales rise - Yahoo! News



I believe that is 1350 GM workers, and does not count suppliers. I work for a tier 1 supplier, and got my call today telling me to come back to work Monday finally.

The problem with this is that it is not anything that is truly going to end this recession, or instill confidence in the economy. All this consists of is the government pouring massive amounts of money into a house of cards. For the short term, things will look good, but the underlying problems still remain.
 
The problem with this is that it is not anything that is truly going to end this recession, or instill confidence in the economy. All this consists of is the government pouring massive amounts of money into a house of cards. For the short term, things will look good, but the underlying problems still remain.

Not everything is aimed at the underlying problem. This gets a fair number of people off unemployment for awhile, while putting more fuel efficient vehicles on the road. That is all it was designed to do.
 
Not everything is aimed at the underlying problem. This gets a fair number of people off unemployment for awhile, while putting more fuel efficient vehicles on the road. That is all it was designed to do.

Then it is a band-aid. Nothing more. However, congratulations on going back to work. :)
 
Actually, it has nothing to do with what you believe, and everything to do with the stupidity of your post. If I really wanted to insult you personally, I would call you a Birther, but I don't think any one smart enough to post on a message board is dumb enough to believe that Obama has not proved he was born in the US.

Asi predicted you missed the point and you missed it more than once and ended up with little miserable insults. http://www.debatepolitics.com/consp...1964-bc-certified-copy-16.html#post1058203682
danarhea said:
Then it is a band-aid. Nothing more. However, congratulations on going back to work. ..


Yes, exactly. And thank you..

As all Obama worshippers you miss the point. It is not necessarily a band-aid.

GM boosted production for a reason. If you supply GM you may be good for long time. Obama is establishing fascism. GM is a government corporation. One of possible (real) scenarios is – Gov-nt buys cars. Tell me about placement of orders by the Gov-nt to its corporation GM and prices it is paying to itself from our pockets. It is quite trivial fascism, or as my friend Don calls it – state capitalism. http://www.debatepolitics.com/break...l-bank-assets-sold-bb-t-2.html#post1058201287
 
Asi predicted you missed the point and you missed it more than once and ended up with little miserable insults. http://www.debatepolitics.com/consp...1964-bc-certified-copy-16.html#post1058203682





As all Obama worshippers you miss the point. It is not necessarily a band-aid.

GM boosted production for a reason. If you supply GM you may be good for long time. Obama is establishing fascism. GM is a government corporation. One of possible (real) scenarios is – Gov-nt buys cars. Tell me about placement of orders by the Gov-nt to its corporation GM and prices it is paying to itself from our pockets. It is quite trivial fascism, or as my friend Don calls it – state capitalism. http://www.debatepolitics.com/break...l-bank-assets-sold-bb-t-2.html#post1058201287

I do not think this word "fascism" means what you think it does.
 
I do not think this word "fascism" means what you think it does.

My friend, did you ever notice me thinking?



I provided links and facts, no thinking.

You can click on the links and follow them or argue against them. As well I request, submit and consider only facts, numbers, and % %, there is no thinking in my posts.
 
My friend, did you ever notice me thinking?



I provided links and facts, no thinking.

You can click on the links and follow them or argue against them. As well I request, submit and consider only facts, numbers, and % %, there is no thinking in my posts.

You are linking to yourself, how is that supposed to prove anything, except that you are in fact a birther?
 
Not everything is aimed at the underlying problem. This gets a fair number of people off unemployment for awhile, while putting more fuel efficient vehicles on the road. That is all it was designed to do.



They just announced that the program will end in september, and when the money runs out, its out. Dealers will be left holding the loss...


This is gonna hurt the economy, bad.


Just wait, this will be the next big **** up of Mr. Obama
 
They just announced that the program will end in september, and when the money runs out, its out. Dealers will be left holding the loss...


This is gonna hurt the economy, bad.


Just wait, this will be the next big **** up of Mr. Obama

Even if your worse case scenario happens(which I think is unlikely), it will still have a net positive effect on the economy, especially here in Michigan where things are much worse than the rest of the country. Thousands of people called back to work is a positive, and badly needed, and will have a small ripple effect. It's not a long term solution, it will not fix the overall problem, but it will make things better for awhile.
 
Even if your worse case scenario happens(which I think is unlikely), it will still have a net positive effect on the economy, especially here in Michigan where things are much worse than the rest of the country. Thousands of people called back to work is a positive, and badly needed, and will have a small ripple effect. It's not a long term solution, it will not fix the overall problem, but it will make things better for awhile.



How so? It's like giving you a shot of morphine before you croak. :lol:


What did your job say, that you had work for a month? That's not recovery.
 
You are linking to yourself, how is that supposed to prove anything, except that you are in fact a birther?

I am linking to the proven facts, including Don’s statement pointing to facts and related to the subject.

But indeed I noticed that it is missing the quotes from wiki I intended to put in, or I put in somewhere else.

‘’Fascism's economic system of corporatism could be identified as either state capitalism or state socialism’’
‘’All fascist movements advocate the creation of an authoritarian government that is an autocratic single-party state led by a charismatic leader’’
‘’Both Fascism and Nazism are clearly different from the despotism of the old period. They do not represent the conservatism which lags behind democracy, but are a form of more democratic government going beyond democracy.’’

‘’Generally fascist movements endorse social interventionism dedicated to influencing society to promote the state's interests’’


Less of the quotes, you have not submitted any objection to the obvious facts pointed by me and proving that the suggestion that GM (not others) increasing its production on the Clunkers program is the same lie and absurd as any other propaganda imposed by Obama.

As the matter of fact I don’t have a choice but to establish, less wiki, that either GM inreases production with no real reason, or it has found channels of selling its cars for jacked up price and the gov-nt is the only possible channel in such a scheme. In both cases it is obvious that when the gov-nt owns GM it is a demonstration of fascism, aka state capitalism, aka state socialism.

And that is about birthers:


‘’Fascist states have pursued policies of indoctrination of society to their fascist movements such as through propaganda deliberately spread through education and media through regulation of the production of education and media material.[84][85] Education was designed to glorify the fascist movement, inform students of it being of major historical and political importance to the nation, attempted to purge education of ideas that were not consistent with the beliefs of the fascist movement, and taught students to be obedient to the fascist movement.’’

“ Fascist governments forbid and suppress criticism and opposition to the government and the fascist movement”. ‘’Thus fascism tends to be anti-intellectual’’

I exactly link to this demonstration of pure fascist behaviour by Internet, media and all Obama supporters:

http://www.debatepolitics.com/consp...1964-bc-certified-copy-16.html#post1058203682

Anti-intellectualism of arguments of Obama supporters is a proven fact. Unless you want to start proving to me that such a reply http://www.debatepolitics.com/break...tion-clunker-sales-rise-3.html#post1058201467 is a demonstration of a high intellect.
 
I hope this doesn't come back to bite GM on the ass. The clunkers program is not going to permanently boost demand, it's just a short term thing. The extra vehicles they're going to produce probably won't even hit the market while clunkers is still going on

They just announced that the program will end in september, and when the money runs out, its out. Dealers will be left holding the loss...


This is gonna hurt the economy, bad.


Just wait, this will be the next big **** up of Mr. Obama

Why would dealers lose money? They just won't be getting extra money anymore
 
I hope this doesn't come back to bite GM on the ass. The clunkers program is not going to permanently boost demand, it's just a short term thing. The extra vehicles they're going to produce probably won't even hit the market while clunkers is still going on



Why would dealers lose money? They just won't be getting extra money anymore





They already sold the cars. only something like 2% of the claims have been paid, and 4 out of 5 or something are being rejected for form errors, and there is a claim of 1.81 billion has already been spent.
 
How so? It's like giving you a shot of morphine before you croak. :lol:


What did your job say, that you had work for a month? That's not recovery.

Well no, it's like taking Nyquil while you have a cold. It won't make you get better any faster, but it makes you less uncomfortable while you recover.

The HR lady who called me said we had work almost for sure for a month, and past that was uncertain. Realize we are a supplier, not an automaker, so we won't know until we see the orders from the three companies we supply to(GM, Chrysler, Toyota), and we only get orders a week or so in advance.
 
I hope this doesn't come back to bite GM on the ass. The clunkers program is not going to permanently boost demand, it's just a short term thing. The extra vehicles they're going to produce probably won't even hit the market while clunkers is still going on

CARS depleted the vehicles that GM had stockpiled. GM is just going to rebuild that stockpile, and then look at what sales are like at that point. It's pretty safe.
 
CARS depleted the vehicles that GM had stockpiled. GM is just going to rebuild that stockpile, and then look at what sales are like at that point. It's pretty safe.

They had a stockpile because they couldn't sell them, though. Now that they have what's the benefit of creating a new stockpile?
 
They had a stockpile because they couldn't sell them, though. Now that they have what's the benefit of creating a new stockpile?

Not exactly, no. They always have a stockpile. The one they had was larger than normal do to slow sales, and slower to deplete.
 
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