Auto industry asks for help - VeggieBoards
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#1 Old 10-28-2008, 01:20 PM
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http://ap.google.com/article/ALeqM5h...uW1jQD943MQ600



So now every industry with influence in Washington will be asking for a handout...





I going to look into the possibility of getting a lobbyist to work for me. He can get half the cut...

Happiness is not the result of a mathematical equation comparing the good times and bad times someone has had. It is a state of mind.
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#2 Old 10-28-2008, 01:23 PM
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Today in the papers, a car dealer was suggesting that in order to encourage people to buy new cars, that people should receive a state discount if they destroy (smash to smithereens) their gas-guzzling polluting cars and buy a new more environmental friendly one.



I found this rather funny. And quite appealing.
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#3 Old 10-29-2008, 04:13 AM
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Don't like the corporate welfare state?



Vote Nader.



http://www.nader.org/index.php?/arch...-Bailouts.html



It is no wonder why their lobbyists were spotted schmoozing with members of Congress at the Democratic and Republican National Conventions, liquoring up in their plush suites and private parties while they made their case for direct government loans which, if approved, would likely add to our federal deficit.



Last December, Congress approved a $25 billion loan to automakers and their suppliers under the Energy Independence and Security Act, though it has yet to be funded. That bill includes a modest requirement for automakers to increase their average vehicle fuel efficiency to 35 mpg -- a benchmark we should have set decades ago, and would allow the companies to have their way with virtually no oversight or accountability.



This corporate Congress cannot be expected to issue serious demands, set tough conditions, or impose strict rules on the auto companies to ensure their workers receive fair pay and benefits, and prevent their fat-cat executives from making off big while leaving their companies in shambles.
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#4 Old 10-29-2008, 09:13 AM
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The rich are being bailed out again. I have to say it doesn't make sense to me why the struggling companies are looking at merging. Wouldn't they be better off merging with one of the successful companies?
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#5 Old 10-29-2008, 09:58 AM
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Originally Posted by rainforests1 View Post

I have to say it doesn't make sense to me why the struggling companies are looking at merging. Wouldn't they be better off merging with one of the successful companies?



Well, if you were a sucessful company, would you want to merge with a looser? Unless they have assets/resources that can be used, it's better to stay clear of poorly managed companies.



Conpanies often merge to achieve economies of scale.

Happiness is not the result of a mathematical equation comparing the good times and bad times someone has had. It is a state of mind.
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#6 Old 10-29-2008, 10:38 AM
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Quote:
Originally Posted by Diana View Post

Today in the papers, a car dealer was suggesting that in order to encourage people to buy new cars, that people should receive a state discount if they destroy (smash to smithereens) their gas-guzzling polluting cars and buy a new more environmental friendly one.



I found this rather funny. And quite appealing.



I think thats a great incentive If they did that I would get rid of mine in a heart beat.
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#7 Old 10-29-2008, 03:26 PM
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I'd buy an old rusted 70's heap for $400 and smash it for the discount.
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#8 Old 10-29-2008, 04:43 PM
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^^^ Me too! I must admit, I do find it amusing that companies squeal like stuck pigs about "free enterprise" "free market economies" "no government interference" and the like when it comes to regulations but the moment they lose a few dollars all that goes out the window and they squeal just as loudly for subsidies.

Love the post? Why not buy the T-shirt!
http://www.kiz-shop.de/index.php?page=categorie&cat=8
http://www.kiz-shop.de/index.php?page=product&info=94
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#9 Old 10-31-2008, 08:39 AM
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Quote:
Originally Posted by Eleven View Post

Don't like the corporate welfare state?



Vote Nader.



http://www.nader.org/index.php?/arch...-Bailouts.html



It is no wonder why their lobbyists were spotted schmoozing with members of Congress at the Democratic and Republican National Conventions, liquoring up in their plush suites and private parties while they made their case for direct government loans which, if approved, would likely add to our federal deficit.



Last December, Congress approved a $25 billion loan to automakers and their suppliers under the Energy Independence and Security Act, though it has yet to be funded. That bill includes a modest requirement for automakers to increase their average vehicle fuel efficiency to 35 mpg -- a benchmark we should have set decades ago, and would allow the companies to have their way with virtually no oversight or accountability.



This corporate Congress cannot be expected to issue serious demands, set tough conditions, or impose strict rules on the auto companies to ensure their workers receive fair pay and benefits, and prevent their fat-cat executives from making off big while leaving their companies in shambles.

That's propaganda if there ever was any.
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#10 Old 10-31-2008, 08:45 AM
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The car companies were pushing gas guzzling battleships on us and now they're losing money because no one wanted to buy them? Color me shocked.



If a business makes a product that no one wants to buy, they should go out of business. They shouldn't get rescued by the government.
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