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General Motors Company Message Board

  • bunkferd bunkferd Aug 17, 2013 11:36 AM Flag

    Kudos to UAW

    Course they are good ol' boys. They took a step back and declined to annihilate the Ford
    Motor Co. After all, how could they keep the dues coming in and the retirees health plan paid
    up, if they had put Ford under? Ford still has its share of debt to pay and it remains to be seen
    if they can survive a new downturn. Did they repay the debt on that prehistoric logo? They
    should have just let that go--but then, they might need to hock it again.

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    • Well, you obviously know where the internet is, why don't you know that Ford got their logo back in May of LAST YEAR?

      Ford's debt is "right where they want it" as the level of debt they have, versus liquidity and operating capital, works well for tax reasons.

      The Ford Blue Oval is one of the most recognized logos in the world, enough so that it was valued as collateral by lenders to Ford.

      You really do have a problem with people/entities who are doing better than you are, don't you?

      Questinator

      • 3 Replies to questinator
      • ((((Ford's debt is "right where they want it" as the level of debt they have, versus liquidity and operating capital, works well for tax reasons.))))

        Are you insane? Are you trying to convince this board they wouldn't like their debt to be zero?

        You lose any credibility you might have otherwise had when you lead off with a statement like that -- all the effectiveness of a Shaq free throw.

        /mm

        Sentiment: Strong Sell

      • "Ford's debt is "right where they want it" as the level of debt they have, versus liquidity and operating capital, works well for tax reasons."
        ---------------------------------------

        Oh, really! What is this? Modern accounting? Like they do in Detroit City? And practically every
        where else? When tight money hits again as it invariably does, I bet you they won't like it. But,
        like you say, they can always hock that ugly logo again. Even Cadillac has a more appealing logo
        than Ford. Ford's is the pits--even worse that the bow tie.

      • Questinator-1, Bunky-0.

        Bunky, you really need to extract yourself from the time-warp that you're in. Times have changed, the world marches on.

        I like you, really--you're a decent person at heart, just misguided. You don't want associate with the ignorant and prejudiced bashing crowd here who can't get basic facts straight even with the convenience of Google at hand.

        Please pull up the shades and let some sunlight into your world.

    • Imagine these UAW clowns patting themselves on the back because they didn't keep the
      tourniquet around Ford's neck! Isn't that rich! The new and improved UAW thugs!

 
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