Quest,-I will give Mulahy(a Kansas grad) credit for borrowing before the banks went down. I do not know if the restructuring that was done for GM and Chrysler would of worked for Ford. Wiping out the common would of pretty much wiped out the Ford family fortune. Jeye is right in that Ford received 5.9 billion and they are now repaying the federal government.I have no problem with this as Japan Inc has outright subsidized their auto industry since 1958. Here is something to read about Ford Motor that is tremendously interesting. When Edsel died Henry came back on board and he was mentally in bad shape. Ford was almost bankrupt by 1944 and FDR had a plan for government intervention if necessary. Edsel s widow saved that from happening by leading an ouster and installing Henry the Deuce. It is pretty interesting reading
We are upset that there are any victims. What we aren't buying is your shameful attempts at blame to suit your agenda.And it is bob_ sap_ here,not bobsap
We are not about to be CENSORED Beijing-style by GM Management]]]]]]]]]]]
I do not believe anybody is censoring you. There is a difference between being censored and being thought of as an idiot.
By the way ,years ago we decided to allow the Sap to be English monitor. He gets a woody when he can correct someones grammar. Since the sap is in hiding I will settle your spelling of 'defense".
[[[ ,Defence vs. defense
Defence and defense are different spellings of the same word. Defense is preferred in American English, and defence is preferred in all other main varieties of English, including Australian, British, and Canadian English. The spelling distinction extends to most derivatives of defence/defense, including defences/defenses and defenceless/defenseless. But the words defensive, defensiveness, and defensively have an s everywhere.
Though defense is now the American spelling, it is not American in origin. The OED and Google Books reveal examples of the spelling from as long ago as the 1300s, many centuries before the United States existed. That spelling continued to appear a fraction of the time through the 19th century, when it was taken up by American writers. Today, to the chagrin of those who dislike American English, the spelling is gaining ground throughout the English-speaking world.]]]
We are in America so spell it correctly-or be prepared for the wrath of the Sap
(cont from post above)
Others disagreed. They argued that no country had got anywhere without developing 'serious' industries like automobile production. They just needed more time to make cars that appealed to everyone.
The year was 1958 and the country was, in fact, Japan. The company was Toyota, and the car was called the Toyopet. Toyota started out as a manufacturer of textile machinery (Toyoda Automatic Loom) and moved into car production in 1933. The Japanese government kicked out General Motors and Ford in 1939 and bailed out Toyota with money from the central bank (Bank of Japan) in 1949. Today, Japanese cars are considered as 'natural' as Scottish salmon or French wine, but fewer than 50 years ago, most people, including many Japanese, thought the Japanese car industry simply should not exist.
I am sure the Sap has a reasonable explanation for this
DC should of taken notice in the early 1970s and retaliated against Japan when they started giving tax incentives to each of their car manufacturers of $2500 per export. Jeye I think it is well known I started the web-o-meter to try to show the sap how big of a sucker we have been. Here is an excerpt from "The Myth of Free Trade and the Secret History of Capitalism"
The Lexus and the olive tree revisited
Myths and facts about globalization
Once upon a time, the leading car maker of a developing country exported its first passenger cars to the US. Up to that day, the little company had only made shoddy products - poor copies of quality items made by richer countries. The car was nothing too sophisticated - just a cheap subcompact (one could have called it 'four wheels and an ashtray'). But it was a big moment for the country and its exporters felt proud.
Unfortunately, the product failed. Most thought the little car looked lousy and savvy buyers were reluctant to spend serious money on a family car that came from a place where only second-rate products were made. The car had to be withdrawn from the US market. This disaster led to a major debate among the country's citizens.
Many argued that the company should have stuck to its original business of making simple textile machinery. After all, the country's biggest export item was silk. If the company could not make good cars after 25 years of trying, there was no future for it. The government had given the car maker every opportunity to succeed. It had ensured high profits for it at home through high tariffs and draconian controls on foreign investment in the car industry. Fewer than ten years ago, it even gave public money to save the company from imminent bankruptcy. So, the critics argued, foreign cars should now be let in freely and foreign car makers, who had been kicked out 20 years before, allowed to set up shop again.
It has been a bad week for the sap-too bad the used car salesman is hiding so he could get ripped too
On second thought, DON'T read the report....allow your full display of ignorance totally devoid of facts to shine through.}}}}}}}}}}}}
The sap has this covered nicely.
Sap,it is funny you would put that up. I decided I would visit Kia Auto credit website. What I found was interesting---
[[[[[[[[[[[[[[[[[Welcome to Kia Auto Credit.
Do you have credit issues but need a car to get around, have you been turned away from other car dealerships.
Well perhaps we can help you. Here at Kia Auto Credit, we have a program in place that will help you rebuild or establish your credit and drive away in the vehicle you need today.
It's all very simple and hassle free, just fill out the form to the right and one of our dedicated credit specialists will contact you and the simple process will begin.
We deal with new and used cars, Kia Auto Credit helps when others turn you away.
Kia Auto Credit has access to many lending institutions.
Quick & Hassle Free Approvals.
No Hidden application fees.
We look forward to working with you, so don't delay, fill in the form now and drive away tomorrow.]]]]]]]]]]
You are getting almost too easy.You need to raise your game
You lower yourself by associating with them.]]]]]]]]]]]]]]]]]]]]]]
You are a moron-anything that does not fit your warped agenda is ignored.
You have a history of ignoring documents that may have a negative impact on your preconceived notions}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
He always does.
Oh well, I'm kind of glad he's gone. He wasn't much fun anyway.]]]]]]]]]]]]]]]]]]]]]]]]
He is waiting on the sap for guidance.
Blowing holes in one of the saps contentions,today Barrons ran an article stating GM was right-the weather DID slow sales earlier in the year. I guess today's excellent sales report blows holes in the other hope of the Sap. You can take solace sap-Moonbeam is up 40% in real clear,Sterling has to dump the Clippers,and there will be no saving of the Lakers by Kansas as Embiid and Wiggins as projected to go 1-2. Is it possible sap that the idiot USED car salesman that is trying to sue GM is our own used car salesman? LOL
Perhaps it was Uranus.]]]]]]]]]
execs,I am glad the sap dug this old post up as I missed your high quality post.You are of course correct.I will no longer refer to the sap being on Pluto
Sap the Lakers have a 6.3% chance of receiving the one or two pick. That means there is a 93.7% chance that no Jayhawk will have to play in nut-land. This is good
The sap has been blowing over the recalls and even the old windbag used car salesman has made an appearance. I notice the sap has conveniently ignored Kia recall and toyodas recall of 6.3 million vehicles. An interesting article today on recalls-
[[[[David Kiley, an analyst with New Roads Media, agrees. "The Toyota fine and GM recall has changed the paradigm for automakers. They have gone from a [point of view] of 'How can we avoid a recall?' to 'Let's just do a recall on this and fix it right, and fix it fast,'" Kiley says. "So, we are seeing companies look at their operations, repair data, accident data and processes anew, and so they are going to be calling more recalls. The cost of letting finance guys and lawyers talk the organizations into avoiding recalls if at all possible are over, at least for now."
The same could be said of others as well. In 2012, a year in which 45% more cars were recalled than sold in the U.S., 68.2% of recalls were initiated by automakers, rather than consumer complaints.]]]]]]]]]]]]]]]]]]
Lets see sap -68% of recalls are done by the company-not consumer complaints. I think this is a good move-it is much better down the road to jump on a problem instead of ignoring it. Now sap I expect you to post every time there is a recall out of Japan Inc. And used car salesman,you can go ahead and crawl back in your hole
Sap I am reading the latest polls on real clear-it looks like Hillary is in a commanding position against any GOP opponent. The Dems are up 3 on the generic house vote,which means nothing because a certain party gerrymandered everything in 2010. I am posting this so you can rest easy. Moonbeam is 37% ahead of his nearest GOP opponent. You can thank me for passing this on to you so you can sleep better tonight
In today's world there is ZERO reason for an auto dealer. The day is coming that a customer will be able to go to a dealership and go online and just build their car. Dealerships will be for service only.The MAllens of the world will have to find a different occupation from which to swindle people from