Your own presidential Jesus Someone to inflate your tires, someone who cares Your own presidential Jesus Ties to radicals like Ayers, someone with flair....
When the economy is crashing and people are losing jobs to the tune of 200,000+ a month, the stock market is sinking--this is not a time to focus on solutions that are a decade away, like alternative fuel. True, you have to take a long view of the re-build, but only after you put the fire out.
Well if he's the Detroit Jesus then I'm their Beelzebub. They shouldn't be getting a damn penny of my taxpayer dollars. They've had every oppurtinity before this "crisis" to get something in the works. Toyota had the Prius and other hybrids in the market before anyone else. If this was merely a market issue, all the automakers would be in the same, "GIVE ME MONEY!!".
While Toyota made the Prius and every non-domestic automaker came out with hybrid's, GM built Tahoe hybrids. TAHOE HYBRIDS! No one is going to purchase a "Hybrid" that gets 24 mpg highway. It's just not gonna sell.
I think if the impotent 3, I'm trademarking that, want anymore bailouts the CEO's should resign. That's our money being handed to you to make cars we want. Obviously you havent been doing the job to this point, why should we trust you to do it right the 2nd/3rd time around? Want a bailout Impotent 3? Then have the CEO's resign. They'll either stop begging for our cash or they'll start making changes, QUICK.
So maybe he will do something about the stranglehold Union's have on them. Maybe he will allow them to stop giving outrageous benefits and $150k salaries to 50yo union workers who work 10 hours a week when they feel like it.
Or having the Michigan fat-asses pay more than a $15 co-pay when all that consumed pork turns into a triple by-pass.
Oh wait, he loves Unions and doesn't see that they are killing these car companies. They can't spend money on innovation because its going to legacy union workers, and thats exactly where all the money Hussein gives them will go.
"But they need their union! Or the company will hurt them"
Look at all the foreign car factory plants in America, none have Unions, but their workers are well taken care of. And no foreign companies will go within 400 miles of a plant that does. Yet they make better cars and aren't falling out of the sky. Hmph, maybe something needs to CHANGE!
@jodark: I also agree with you, in theory. I find that unions have generally lost their purpose. In the begining, the Industrial Revolution, they tried to offset the huge power of Industrial Titans, and attempt to gain more humane working conditions for poor, illiterate, unskilled workers, as well as various other things. Read "The Jungle" by Upton Sinclair for a little story about how Unions were good at a time, during the height of the Industrial Revolution.
With the Automakers, it should be survival of the fittest, and right now, GM seems to be putting on a few pounds (or they've been putting them on for 10 years and are now being forced to do wind sprints)
I'm not totally against Washington bailing out Detroit, but in a way that totally doesn't screw over taxpayers, and that forces GM to change and transform, so that in 40 years or so, in the next credit crunch (Yes, this has happened before, see Martin Van Buren), GM will be somewhat prepared, and have somewhat, well, competent management.
@jodark: I agree in the sense that the unions have become slow mammoths just like the car manufacturers. I don't think it is the only reason for the Big 3 to be in trouble, but it surely is part of the problem.
@sos10: Nice voice for moderation, but the Unions didn't decide what cars and trucks and SUVs would be made; the Unions did not bring this about. Poor management and bad leadership did--along with the bad luck of being caught in a vortex of finance, as the greed-heads who went after the sub-prime mortgages drag everyone else down.
The Union members are at least as screwed as everybody else these days.
I am fully aware of the history of Unions and the marked influence they have in transforming American factories into something humane. While I haven't read "The Jungle" by Upton, I am fully aware of its contents and more importantly its influence.
HOWEVER, Unions aren't what they used to be and and become more and more a way for Union bosses who exert mafia control over a workforce to get rich without spending a single say on the manufacturing floor. The Union as a whole strangles the company while telling them they need more air.
Fix it? No, scrap it! If the people resist, then move. If Union laws prevent moving (they probably do). Dump the company, start a new one and eventually the Union ideology will die once the entire northern midwest is unemployed and hungry. Then move the new company back and conduct business like foreign companies on our soil.
@jodark: Don't you think the work conditions will deteriorate again, though? Even now you have lots of evidence at what happens at say, WalMart, to workers. Unless you think corporations will suddenly grow a conscience and behave ethically.
Don't get me wrong; it is their nature to seek profit and cut costs but they have to be limited somehow.
@layabout: some bitter republicans here, still stuck with the fear that their party doles out like scoops of ice cream...their short term memories(is 8 years short or long term memory?) must be short circuiting...unless they think the last 8 years were stellar...
I sure hope the new Treasury Secretary knows which levers to pull to get the economy out of this mess. I don't want to be paying $10k to $20k extra each year in federal income tax just to keep GM, Ford, and Chrysler struggling along. If keeping the U.S. automakers alive is the trick to climbing out of the ditch, fine. If it just keeps those electoral votes alive for election 2012, that's crap. I would much prefer to pay down my high mortgage every month thanks very much.
@Triborough: Might be that, in fact. Just like Jimmy, the deck is stacked against our Barry, and he doesn't get 4 consecutive terms to figure shit out, like FDR.
He's just a politician after all. I get the sense that he's an extraordinarily intelligent one, and he's got the whole charisma thing going for him. He just needs a little luck to help us out here.
I think the best possible solution to this situation would be for the guvment to temporarily allow non-US vehicles to be sold here by the Big three. It would give them immediate, smaller, more fuel efficient products, with no investment. And I could get my Fiat 500 Abarth.
@RC51: Of course, this would be the reasonable, sane idea, (someting I've advicated for for ages, hello Opel!) but I'm afraid that most politicians just aren't as smart as most commenters, especially when it comes to matters that they have no experience dealing with. Seriously, does anyone in Washington know anything about the automotive industry? I think not. Is all they know is that they need to keep Joe and Jill of Ohio and Indiana and Michigan in their nice jobs, no matter what the cost of the taxpayers.
Importing cars (or car designs) from other countries requires cooperation with those darn Yurp-eans, and that's hurtin A'murican jobs.
No matter how sane it sounds, Americans will cling to their guns, religion and Tahoes
@WilliamG.: Bob Lutz recently suggested waiving federal safety/emissions requirement for cars produced in Europe with comparable standards as a way to reduce costs and more quickly deploy products in the market place.
@Schm, problems around every corner: Also we shouldn't forget that that euro-spec Abarth is going to cost about the same as an all 'murican Malibu by the time it gets here. And we fat-asses should prolly go for the larger car w/the wider seats.
Mike the Dog is sitting by the door with a pair of cow slippers, and a very sad face. was starred
Mike the Dog is sitting by the door with a pair of cow slippers, and a very sad face. was unstarred
And since they are obviously too stupid (or greedy) to do it themselves, they will (should) have to be forced to offer products like fuel efficient cars.
The petro industry got started on it's profits orgy before Hurricane Katrina...... you can't tell me these morons didn't have a single adviser in the board room saying "You know guys, it might bode well for us to add some 30+ mpg cars to the lineup in case this lasts a while".
3 years later? "Hey look, a Hybrid Tahoe that greenies still won't buy because it's still a f*cking Tshoe and no one else will buy because gas costs $800 an ounce!" Or a Volt that costs twice what it should.
I should add that I don't blame them for offering lines of big trucks and SUV's (I bought one!) but they should have been smart and worked on diversifying their product lines so that if the bottom fell out of the truck/SUV market, they'd still have something to sell.
11/08/08
11/07/08
Someone to inflate your tires, someone who cares
Your own presidential Jesus
Ties to radicals like Ayers, someone with flair....
11/07/08
11/07/08
Throwing money never puts a fire out.
11/07/08
While Toyota made the Prius and every non-domestic automaker came out with hybrid's, GM built Tahoe hybrids. TAHOE HYBRIDS! No one is going to purchase a "Hybrid" that gets 24 mpg highway. It's just not gonna sell.
I think if the impotent 3, I'm trademarking that, want anymore bailouts the CEO's should resign. That's our money being handed to you to make cars we want. Obviously you havent been doing the job to this point, why should we trust you to do it right the 2nd/3rd time around? Want a bailout Impotent 3? Then have the CEO's resign. They'll either stop begging for our cash or they'll start making changes, QUICK.
11/07/08
Or having the Michigan fat-asses pay more than a $15 co-pay when all that consumed pork turns into a triple by-pass.
Oh wait, he loves Unions and doesn't see that they are killing these car companies. They can't spend money on innovation because its going to legacy union workers, and thats exactly where all the money Hussein gives them will go.
"But they need their union! Or the company will hurt them"
Look at all the foreign car factory plants in America, none have Unions, but their workers are well taken care of. And no foreign companies will go within 400 miles of a plant that does. Yet they make better cars and aren't falling out of the sky. Hmph, maybe something needs to CHANGE!
11/07/08
With the Automakers, it should be survival of the fittest, and right now, GM seems to be putting on a few pounds (or they've been putting them on for 10 years and are now being forced to do wind sprints)
I'm not totally against Washington bailing out Detroit, but in a way that totally doesn't screw over taxpayers, and that forces GM to change and transform, so that in 40 years or so, in the next credit crunch (Yes, this has happened before, see Martin Van Buren), GM will be somewhat prepared, and have somewhat, well, competent management.
11/07/08
How to change this? Not an easy one.
11/07/08
The Union members are at least as screwed as everybody else these days.
11/07/08
I am fully aware of the history of Unions and the marked influence they have in transforming American factories into something humane. While I haven't read "The Jungle" by Upton, I am fully aware of its contents and more importantly its influence.
HOWEVER, Unions aren't what they used to be and and become more and more a way for Union bosses who exert mafia control over a workforce to get rich without spending a single say on the manufacturing floor. The Union as a whole strangles the company while telling them they need more air.
Fix it? No, scrap it! If the people resist, then move. If Union laws prevent moving (they probably do). Dump the company, start a new one and eventually the Union ideology will die once the entire northern midwest is unemployed and hungry. Then move the new company back and conduct business like foreign companies on our soil.
11/09/08
Don't get me wrong; it is their nature to seek profit and cut costs but they have to be limited somehow.
11/07/08
;)
11/07/08
Pick up the receiver, Obama, I will make you a believer.
". . .reach out, touch faith!"
11/07/08
See him on the interstate
We've got the American Jesus
He helped build Rick Wagoner's estate
11/07/08
11/07/08
11/09/08
(What did I just say? That makes sense, doesn't it?)
11/07/08
11/07/08
That makes one of you.
11/07/08
...that was a lot of acronyms, wasn't it?
11/07/08
11/07/08
He wont, all i see is a man full of hollow promises..
11/07/08
11/09/08
He's just a politician after all. I get the sense that he's an extraordinarily intelligent one, and he's got the whole charisma thing going for him. He just needs a little luck to help us out here.
11/07/08
11/07/08
11/07/08
11/07/08
Importing cars (or car designs) from other countries requires cooperation with those darn Yurp-eans, and that's hurtin A'murican jobs.
No matter how sane it sounds, Americans will cling to their guns, religion and Tahoes
/sarcasm
11/07/08
It's the fuel efficient part the big three has trouble with.
11/07/08
[jalopnik.com]
11/09/08
11/07/08
First, inane news about the First Dog.
Then, "Keeping you informed. This is CNN."
11/07/08
11/07/08
11/07/08
11/07/08
11/07/08
The petro industry got started on it's profits orgy before Hurricane Katrina...... you can't tell me these morons didn't have a single adviser in the board room saying "You know guys, it might bode well for us to add some 30+ mpg cars to the lineup in case this lasts a while".
3 years later? "Hey look, a Hybrid Tahoe that greenies still won't buy because it's still a f*cking Tshoe and no one else will buy because gas costs $800 an ounce!" Or a Volt that costs twice what it should.
I should add that I don't blame them for offering lines of big trucks and SUV's (I bought one!) but they should have been smart and worked on diversifying their product lines so that if the bottom fell out of the truck/SUV market, they'd still have something to sell.