How many companies can the tax payers continue to bail out?
I don't mind bailing out the auto industry or Wall Street.
What I do mind is the lack of a cohesive plan in which people are held accountable and the consequences are dire.
Mr. Paulson has already squandered half the loot and has single handedly decided that the homeowners are not part of whatever plan he hatches that day.
The auto industry went to apply for their bailout money today and they all flew in their corporate jets.
The total lack of disconnect between their actions and their lifestyle is mind blowing.
Both parts of this bail out (the wall street crooks and the automobile thugs) don't seem to think that their livestyles and their way of thinking needs to change in any way. All they want is to continue as usual and feel a sense of entitlement to tax payers dollars.
All 3 CEO's spent over 30K flying in their own private jets.
I just found out that GM is opening a multi-million dollar factory in Russia to build European cars there.
It is a good thing that the Auto Bailout Vote was cancelled today.
The majority of the people in this country are fed up. They have been bled dry and to make matters even worse, there is no one advocating for their needs in Washington.
The Big 3 has blamed everyone but themselves for their inability to successfully manage a very competitive business.
For years they have complained about the cost of health care and have done NOTHING to advocate National Health care. They have blamed the Unions and the workers. They have the ability and as I stated in another post about cars they are making, and selling, in Europe that exceed the 60 mile a gallon litmus.
They could have refitted their plants to make the SAME cars they are already making, and selling, in European markets. But as we used to say when we were kids..... "something is rotten in Denmark" because their stubborn defiance to make any changes here are high indicators that they want these companies to fail in the United States.
Their lifestyles can't possibly change that much, after all, they all have more money that God.
I have a feeling that Europe is where they want to be and sell their vehicles here. Of course, made elsewhere. We are nothing more than open wallets, unfortunately, we are now empty wallets and the consumer power of the past has not only been eroded over the years, but it has come to screeching halt.
Retailers are sweating bullets, their stores closing, the importers can't sell their wares here either since the AMERICAN consumer is broke, unemployed and loosing their homes.
Are we all aware that the Energy Department has $250 BILLION dollars for the auto industry, exclusevely earmarked for innovation?
It is obvious that they would squander that money and produce nothing. How do we know this? because they are asking to release that money into a loan (to be paid much later, I'm sure) and not worry about the nonsense of innovation.
Is Bio Fuel the way to go?
Solar Energy?
Electric power?
How about building connecting thingys .... oh, I don't know... like the railroads in Japan with their bullet trains...
How about ANYthing that works? That would be innovation and we can't have that.
When they refer to the workers it is always with disdain, as a good old (very young, actually)l queen saying "let them eat cake".
I say "Off with their heads". Let these companies sink and, like a Phoenix. a new industry rise up from the ashes unencumbered by corruption and complacency.
PEACE to all.
http://www.spousalcaregiver.com/
Showing posts with label American Auto Makers. Show all posts
Showing posts with label American Auto Makers. Show all posts
Wednesday, November 19, 2008
Thursday, November 13, 2008
NO MONEY FOR YOU!
Take a good look at this car and then read the section on American Auto makers.
But first, let's talk about our economy and the BAILOUT:
Paulson is getting on my nerves, so I am sure he is getting on everyone else's.
No money to homeowners. The banks will get the money to buy out other banks and thus, create a monolopy.
No money for you.
The bailout $$ may not be enough for them.
No money for you.
The economy is in the tank and consumers can't consume because they have no money. Therefore, stores are closing, companies are laying off people and the unemployment rate is skyrocketting. The banks are not easing up the credit lines to consumers even though they are getting a truck load of "free money" and the feds are lending them $$$ at 1 percent.
But guess what? it is your money and somehow you are at fault. Perhaps it is your "whinning" ways, or the fact that you are not patient enough while you try to figure out how to feed your kin or keep that roof in your posession.
No money for you.
The liquid assets he said he was going to buy, he is not buying now.
Accountability? (surely you jest! these are professionals, they don't need no stinking accountability).
They are more like bank robbers, but it is all just a variety of words to gloss over the word FRAUD!!!!!
Paulson has already gone through more than half the money and he only has $60 Billion left. He has gone on a shopping spree of bank stocks and has financed their mergers. He has also made sure that all those CEOs got compensated in the style they have become accustumed, but you?
No money for you.
None of the bailout money has gone to the foreclosure market and the very real people that comprise our communities.
No money for you.
It is YOUR money, but hey! Screw you. You are nothing.
I am telling you folks, start raising holly hell again and call your representatives because this sucks worse than a really bad foreign film with subtitles that gets rave reviews by critics because they want to seem sophisticated.
The fact is that you know it is crap. You have seen the film, you understood the film and you know it is crap. But they are telling you it is all good and you know nothing, so therefore....
... NO MONEY FOR YOU!
... And you know why? Because the airline industry has seen that we are passing out money and so is the auto industry and everyone wants some and you know what?
No money for you.
Read about it in greater detail in this Forbes article (just click on Forbes) or if you prefer, you can read Amit R. Paley's article in today's Washington Post in which lack of oversight is stressed and how they claim the Administration and all these Republicans who balked at the idea of handing over all this money without oversight, are now claiming it is too late to find someone qualified.
Are they joking? If there was no one qualified, why on earth hand over billions?
(Because when you are committing FRAUD, robbing people blindly and robbing their faces in it, the last thing you want is someone competent taking inventory and making you accountable)
AMERICAN AUTO MAKERS
Major bunch of liars who have no integrity and are in bed with the oil industry. (my opinion and it is based in facts that will follow)
They will get bailed out, just not now. We are going to wait and drop this ton of horse manure on the next administration.
Ford has a beautiful little car that I'd love to own. It runs on Diesel and gives 60 miles (YES!!! 65 miles to the Gallon). It will only be sold in Europe. You can read about it in a Huffington Post article.
No money to homeowners. The banks will get the money to buy out other banks and thus, create a monolopy.
No money for you.
The bailout $$ may not be enough for them.
No money for you.
The economy is in the tank and consumers can't consume because they have no money. Therefore, stores are closing, companies are laying off people and the unemployment rate is skyrocketting. The banks are not easing up the credit lines to consumers even though they are getting a truck load of "free money" and the feds are lending them $$$ at 1 percent.
But guess what? it is your money and somehow you are at fault. Perhaps it is your "whinning" ways, or the fact that you are not patient enough while you try to figure out how to feed your kin or keep that roof in your posession.
No money for you.
The liquid assets he said he was going to buy, he is not buying now.
Accountability? (surely you jest! these are professionals, they don't need no stinking accountability).
They are more like bank robbers, but it is all just a variety of words to gloss over the word FRAUD!!!!!
Paulson has already gone through more than half the money and he only has $60 Billion left. He has gone on a shopping spree of bank stocks and has financed their mergers. He has also made sure that all those CEOs got compensated in the style they have become accustumed, but you?
No money for you.
None of the bailout money has gone to the foreclosure market and the very real people that comprise our communities.
No money for you.
It is YOUR money, but hey! Screw you. You are nothing.
I am telling you folks, start raising holly hell again and call your representatives because this sucks worse than a really bad foreign film with subtitles that gets rave reviews by critics because they want to seem sophisticated.
The fact is that you know it is crap. You have seen the film, you understood the film and you know it is crap. But they are telling you it is all good and you know nothing, so therefore....
... NO MONEY FOR YOU!
... And you know why? Because the airline industry has seen that we are passing out money and so is the auto industry and everyone wants some and you know what?
No money for you.
Read about it in greater detail in this Forbes article (just click on Forbes) or if you prefer, you can read Amit R. Paley's article in today's Washington Post in which lack of oversight is stressed and how they claim the Administration and all these Republicans who balked at the idea of handing over all this money without oversight, are now claiming it is too late to find someone qualified.
Are they joking? If there was no one qualified, why on earth hand over billions?
(Because when you are committing FRAUD, robbing people blindly and robbing their faces in it, the last thing you want is someone competent taking inventory and making you accountable)
AMERICAN AUTO MAKERS
Major bunch of liars who have no integrity and are in bed with the oil industry. (my opinion and it is based in facts that will follow)
They will get bailed out, just not now. We are going to wait and drop this ton of horse manure on the next administration.
Ford has a beautiful little car that I'd love to own. It runs on Diesel and gives 60 miles (YES!!! 65 miles to the Gallon). It will only be sold in Europe. You can read about it in a Huffington Post article.
That is the picture you first saw when you got here. Is that a lovely number, or what? It is called the ECOnetic.
Too bad, we can't have it.
Their big claim is that it is a Diesel car. Never mind that there is such a thing as clean diesel and it has been used in Europe for years. Never mind that Volgwagons are sold here (Diesel, you know?). Honda will be selling a Diesel Accord next year in the US.
As a matter of fact.... A few years ago..... GM made a car in China that was over 50 miles a gallon.
They know how to do it, they just don't. Regulations in Europe require that the car be built to minimize damage to a pedestrian in case of accident and thus, their cars are lighter because they have more fiberglass and lighter materials, therefore that contributes to their higher gas mileage.
In addition, of course, to the ENGINES that are different and made by AMERICAN Auto Makers and ... Did I mention that they KNOW HOW TO BUILD it and be competitive here?
I heard a gentleman on the radio this morning stating that it is the American public's fault because they are not buying AMERICAN cars.
I don't know how much blame and personal responsibility you are willing to absorb, but I am DONE. It is not my fault and I owe them nothing.
If you have 20K to put into a car, chances are you will look for safety and gas mileage. Putting up with low gas mileage and yourself in debt by purchasing a 40K American made vehicle does not make sense to you and your family.
By the way, both our cars are American cars, but that is besides the point. I have owned a Toyota before and I loved it. It was small and required very little maintenance. I run it into the ground and was very sad to let it go after I put in over 100K miles on it.
That was 20 yrs ago.
No American car lasted that long in those days, nor did it save gas like my little Toyota did. Brand new, out of the lot... less than 6K.
The bottom line is that every time the auto makers are requested to review the way they make cars, they have tons of excuses for not doing so. I bet you have heard several of them:
"We just don't have the technology" (Horse Pucks!... they are building them and selling them in Europe, and have been doing so for years)
"This type of Gas mileas improvement takes years of engine development..." (no, not really, it is already being done and driven in .... EUROPE!... Hellooooo!)
"No one is Silicon Valley or anywhere in California can build a car that runs on Electricity, we have been hearing this type of talk for years and it is not possible for an electronic company can compete with GM. Building a car is not easy and Detroit knows better".... (Well, not exactly... there is an actual electric car. As a matter of fact, there are several, just not massed produced)
Obama wants a car Czar to oversee the BAILOUT of auto industry and he has the expectation that they would have a plan and a real direction before this happens.
Now..... Let's pretend for a minute that this was required of Paulson BEFORE we handed him a nickle.... Would you say we would be in a better position financially now?
I am inclined to think so.
PEACE to all.
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