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Thread: Harry Reid: Auto Bailout Probably Saved Ford

  1. #21
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    Re: Harry Reid: Auto Bailout Probably Saved Ford

    Note, Dan ran like hell when his BS was called to the mat.

    Mr.V 1, Dan 0.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Harry Reid: Auto Bailout Probably Saved Ford

    Just a note: Ford did benefit from the bailout even if they were not given money. Posted that on the other thread.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Harry Reid: Auto Bailout Probably Saved Ford

    Quote Originally Posted by Boo Radley View Post
    Just a note: Ford did benefit from the bailout even if they were not given money. Posted that on the other thread.
    Oh no, they "benefited" indirectly. ****, they might as well have taken billions themselves right?? You reached Boo, I ignored your silliness there, and here I am mocking you here.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Harry Reid: Auto Bailout Probably Saved Ford

    Quote Originally Posted by danarhea View Post
    Let me see if I have this right:

    1) Ford makes crappy cars that get horrible gas mileage.

    2) The Japanese kicks Ford's ass by giving Americans what they want.

    3) Ford gets into financial trouble, and it alone is responsible for it.

    4) Ford gets welfare money from the government.
    Kind of funny, isn't it. Ford touts Capitalism until they start getting beaten by natural forces in the market, then they whine and beg for Socialism. That's the problem with banksters and large corporations. Socialism for them, whenever they want it. Capitalism and "pull yourself up by the bootstraps" for everybody else. Who the **** do they think they are?
    shouldnt that have read GM and Chrysler instead of Ford?
    Ford actually did not receive a Government hand out?

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    Re: Harry Reid: Auto Bailout Probably Saved Ford

    Quote Originally Posted by MrVicchio View Post
    Oh no, they "benefited" indirectly. ****, they might as well have taken billions themselves right?? You reached Boo, I ignored your silliness there, and here I am mocking you here.
    Benefit is benefit. No way around it. It would have hurt Ford if the others had folded. Now, you can be silly about it, pretend if you want, but the facts are the facts. Nothing more. nothing less.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Harry Reid: Auto Bailout Probably Saved Ford

    Benefited in the short-term - yes.
    But did they learn something? Highly unlikely.

    Did anyone learn anything? Highly unlikely.

    The only way to *truly* call it a benefit is if it forces them or others to change their failed business setup, plans and so forth.

    Will ANY auto company fix their selves? Absolutely not - there's no reason to. They've been screwing people for years and loving it. . . and getting away with it.
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    Re: Harry Reid: Auto Bailout Probably Saved Ford

    Quote Originally Posted by Aunt Spiker View Post
    Benefited in the short-term - yes.
    But did they learn something? Highly unlikely.

    Did anyone learn anything? Highly unlikely.

    The only way to *truly* call it a benefit is if it forces them or others to change their failed business setup, plans and so forth.

    Will ANY auto company fix their selves? Absolutely not - there's no reason to. They've been screwing people for years and loving it. . . and getting away with it.
    True. Again, bailing them out isn't new. It's been done before. And it will likely be done again.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Harry Reid: Auto Bailout Probably Saved Ford

    Quote Originally Posted by Boo Radley View Post
    True. Again, bailing them out isn't new. It's been done before. And it will likely be done again.
    Absolutely - sadly so.

    They never seem to learn a lesson and it seems that the only reason why they're continually given a slap on the wrist with a handfull of G's is because they employ a lot of people.

    (They as in *all of them* - not just Ford)

    Hmm - since we bail them out so routinely you'd think that we'd have more of a say in what they do and how they do it - they take our money in more ways than one but our opinions?
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
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    Re: Harry Reid: Auto Bailout Probably Saved Ford

    Quote Originally Posted by Aunt Spiker View Post
    Absolutely - sadly so.

    They never seem to learn a lesson and it seems that the only reason why they're continually given a slap on the wrist with a handfull of G's is because they employ a lot of people.

    (They as in *all of them* - not just Ford)

    Hmm - since we bail them out so routinely you'd think that we'd have more of a say in what they do and how they do it - they take our money in more ways than one but our opinions?
    Can't have a government take over, don't ya know. Free market. just give them the money.


    Sad.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Harry Reid: Auto Bailout Probably Saved Ford

    Quote Originally Posted by Boo Radley View Post
    Benefit is benefit. No way around it. It would have hurt Ford if the others had folded. Now, you can be silly about it, pretend if you want, but the facts are the facts. Nothing more. nothing less.
    No, it wouldn't have hurt Ford... they'd be the "Last American Motor Company" standing and played off it.

    Your logic is faulty. Let's say three people on my street used a "Gov't Loan" to keep their house instead of defaulting. Does that mean "I" benefited from the Gov't bailout too?
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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