Senate Republicans Kill Big-3 Auto Rescue Plan - Page 9 - Mercedes-Benz Forum

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post #81 of 181 (permalink) Old 12-12-2008, 10:03 AM
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My only comment on this subject is: If the big 3are allowed to fail, who will supply our military with replacement parts, light and heavvy trucks etc. Will DOD start contracting with Toyota, Nissan, Mercedes for these necessary things? Talk about a transfer of wealth, not to mention being at thier control. Seems like a very real National Defense issue to me. But then what the hell!!
First, the Beg 3 will never "fail." They may become the Beg 1 or 2, but they will never cease to exist, IMO. Worst case is that what they do and for whom they do it may shift to others, but the functions, especially the critical ones, will continue--uninterrupted. And in the unlikely event that they shift to non-Beg 3 companies, most of their production is done here in the USA, so not to worry.

Don't believe everything you think
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post #82 of 181 (permalink) Old 12-12-2008, 10:04 AM
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You know, you really need to get a life. Spending all your time combing through tens of thousands of posts, trying to catch me in a "contradiction," is a losing proposition. But then again, I guess that's what losers do... How sad you are.
Spending "all your time"? Heck, Jayhawk, it only takes a couple of minutes:

http://www.benzworld.org/forums/off-...xpectedly.html

http://www.benzworld.org/forums/off-...nd-states.html

http://www.benzworld.org/forums/off-...verywhere.html

Boy! I hope no one was listening to you when you were on this bullshit trip:

http://www.benzworld.org/forums/off-...-time-buy.html

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

-President Barack Obama, 1st Inaugural address
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post #83 of 181 (permalink) Old 12-12-2008, 11:10 AM
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First, there is no real market for their defective products, which is why they are going broke. Second, the financial sector of our economy is the backbone of all manufacturing and other industries in the world. It is like a utility in that it is used by everyone--not just the manufacturing sector, but the agriculture, energy, construction, health care, pharma, technology, travel, etc., etc., etc. If the financial sector is allowed to go down, the entire global economy is in peril.

And for those who keep saying that the government just threw money at them, let me remind you that some financial companies such as Lehman Brothers and others were selectively allowed to fail--not to mention dozens, perhaps hundreds, of US banks.
The financial sector is non-functional now. The banks are nothing more than middle men handling government handouts.

Yes, some were allowed to fail, but money did change hands, can't deny that.
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post #84 of 181 (permalink) Old 12-12-2008, 12:12 PM
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Sometimes it does seem as though the UAW would rather bring the walls crashing down than help prop up the foundation. And therein lies, I believe much of the reason for the public's opposition to the loans.
I am not really sure what they are suppose to do on some of this. Their wage rate is the same as that of Toyota and Nissan and Honda [sorry Neocons, Rush is just not right on this one] and the main Union issue is pension which is federally governed.

Folks that spend a lot of time bitching about the under-funded pension system that the unions and companies agreed to over the last 40 years which put a load on the system are somehow deathly quiet when discussing the under-funded debt load that the Republican TrickleDown Economics have put on the entire economy. I sense a conflict of principle.

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post #85 of 181 (permalink) Old 12-12-2008, 12:16 PM
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You know, you really need to get a life. Spending all your time combing through tens of thousands of posts, trying to catch me in a "contradiction," is a losing proposition. But then again, I guess that's what losers do... How sad you are.
ANYBODY can catch you in contradictions when it comes to the economy and your posts. Sorry.

Ray Charles, if he were alive today would be pointing out posts where you TRY to cover your ass. Problem is, you spent too much time trying to defend Bushie and his Economic Doctrine which makes an evidence trail about 10K posts wide. And quality searching fu makes "combing" a breeze.

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post #86 of 181 (permalink) Old 12-12-2008, 12:20 PM
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ANYBODY can catch you in contradictions when it comes to the economy and your posts. Sorry.

Ray Charles, if he were alive today would be pointing out posts where you TRY to cover your ass. Problem is, you spent too much time trying to defend Bushie and his Economic Doctrine which makes an evidence trail about 10K posts wide. And quality searching fu makes "combing" a breeze.
Talk is cheap...

Don't believe everything you think
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post #87 of 181 (permalink) Old 12-12-2008, 12:24 PM
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^ in that case, you're worth a pile of shit

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

-President Barack Obama, 1st Inaugural address
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post #88 of 181 (permalink) Old 12-12-2008, 12:49 PM
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No errant erections here !
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post #89 of 181 (permalink) Old 12-12-2008, 01:37 PM
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Sly, the job losses will cascade throughout the economy and the mess we're in now will seem like a picnic by comparison.

And as we've noted before, the entirety of this plan is trivial in relation to the size of the Wall Street bailouts, which moreover have been done with precious little oversight
I hate this argument because it assumes that the manufacturers will just go away and there will be no GM, Ford, or Chrysler.

This is why there is bankruptcy protection under chapter 11. Look at all the major companies that have gone chap. 11 and then turned it around.

Socialism DOES NOT WORK! EVER!

Who's John Galt.

"Timeo Danaos et dona ferentes" - Virgil, The Aeneid, Book 2

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post #90 of 181 (permalink) Old 12-12-2008, 01:44 PM
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First, the Beg 3 will never "fail." They may become the Beg 1 or 2, but they will never cease to exist, IMO. Worst case is that what they do and for whom they do it may shift to others, but the functions, especially the critical ones, will continue--uninterrupted. And in the unlikely event that they shift to non-Beg 3 companies, most of their production is done here in the USA, so not to worry.
And as usual, you neo con fucks want it all to happen as utter chaos, just like the aftermath of Iraq, just like the Katrina fiasco, just like this 700 billion dollar cluster fuck giveaway, just plain chaos, which, like in Iraq, hides your thievery and incompetence. The fact that millions of human beings are affected, thrown out of work, losing their life savings, their homes and whatever else they have left, well, that is something the repugs could care less about, as we are seeing as they make sure CEO fatcats get off scott free and rich as ever in the banking industry. Fine. Let it happen. The political price the right will pay for it is utter destruction as a political force in this country. It's almost worth the price.

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

-President Barack Obama, 1st Inaugural address
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