Comments on: Ford, GM Report Massive Losses

GM Loses $2.5B, Ford Loses $129M In 3Q; Both Automakers Announce Major Job Cuts, Cash Burns

[downtowner97]

Remember those animal crackers with the pink and white frosting and the little multicolored sprinkles? That company, "Mother''s Cookies" went broke. Why didn''t the government give Mother''s a billion dollars to come up with a les fattening cookie?

I just don''t understand why the big three car companies, mismanaged for generations, count more than other companies.

If the government gave each of us our share of the debt these companies incurred, we could put a really nice down payment on a Toyota or Honda made right here in America that we''d actually want to DRIVE.

[hypnotoad72]

BAGHDAD %u2014 Two Iraqi insurgent groups called on President-elect Barack Obama to withdraw U.S. troops from Iraq and abandon the war on terror, an Internet monitoring service reported Friday

Gee, cant thay wait a couple more months.....

Posted by hillaryin016 at 03:28 AM : Nov 08, 2008
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Well, it was said time and again the surge had worked. If it worked and things are so much better, why continue to keep them there? Can''t have it both ways. (Forgive me for replying to your smarm with some of my own.)

[hypnotoad72]

Posted by republic76 at 04:16 AM : Nov 08, 2008

You make a point, but CEOs making 400x the amount of their workers, offshoring, and trashing their companies hasn''t helped either...

It''s not as one-sided as you want it to be in your happy little dream world.

And, yes, unions do go too far too. Unfortunately, they were needed because of gruesome corporate practices. Thank unions for your 40 hour work week, vacations, et cetera. (Indeed, at one time Republicans were pro-union; Eisenhower as I recall being worker-friendly too. The 1950s weren''t bad despite some things...)

As for Toyota; 10 years ago I had one -- went in for a tune-up, went out with a broken windshield washer container that was perilously close to hitting a main belt. (read "sabotage".) Maybe the mechanic didn''t like my countenance... or maybe it was poorly fitted in the first place (not likely; they don''t build liquid-containing devices out of cheap origami paper). Needless to say, Forget Toyota if that''s how their representatives act.

[guest173]

I don''t feel sorry for them, these companies aren''t innovative like Toyota, who has shown they work a lot harder to make reliable products and also looking to offer affordable alternatives like the Prius. Ford and GM want to keep making the same old thing without remembering cars are linked to gas, which is an added cost. After what happened with the gas prices, they need to remember that their product is vulnerable and they shouldn''t put all their eggs in one basket. Toyota is a great example of diversifying and smart working. Yes, Ford and GM maybe can get some loans, but they should have to present a business plan to the loan officers of how they expect to change the situation that put them in that place of near bankruptcy.

[txgrouch2007]

I''''ve only owned American model cars, Fords, Chevys, Buicks, Plymouths, and I''''d buy a new car now, except ... I''''d buy a new car tomorrow as the money is in the bank.
Posted by ludvig1 at 09:09 PM : Nov 07, 2008

Do you SERIOUSLY expect me to believe ANY of that???

First off, if you spent your whole life driving only American made cars YOU WOULD HAVE BEEN KILLED IN AN ACCIDENT caused by a defective vehicle by now.

I used to drive American made. Until my Chevy truck d@*n near killed me TWICE. And the dealer refused to repair my BRAND NEW WARANTEED VEHICLE that tried to kill me twice because it was a "known defect."

I said, OK good you know it''s a defect so fix it. Then he said again, we don''t fix known defects. And I was like, what, you only fix defects you DON''T know about???

About the time neither one of us was sure which one of us was going to punch the other one in the face first, I left and traded it in on a Toyota.

My Toyota truck hasn''t tried to kill me once. Now I have two of them.

And that''s why I don''t believe a word you wrote.

[incog-nito]

It appears that the American payer will be once again forking out money to bail out big business. Make no mistake, GM and Ford WILL get what they ask for. It''s the lesser of two evils. On the one hand we don''t really have the money to give them, and so this will add to the national debt. On the other hand the U.S. simply cannot afford to have one of its biggest industries wiped out. The question is what will they do with the money? Use it to change and improve the way they do business such as making reliable, fuel efficient, affordable electric or hybrid cars that will help regular folks reduce their own expense, which in turn helps the economy as a whole. Or pay off their debt and then it''s back to business as usual. I fear the latter.

[tiktin]

Ford, Chrysler and General Motors now want $75 billion dollars of our tax money or else they say they will go broke by the end of the year. Hey, why not $75 trillion? Roll the presses! Bail everybody out! Come and get yours! They''re giving the stuff away! Can''t you just smell that new money smell? Budget? Deficit? What''s that? That is so twentieth century. Only tiresome old people worry about things like that. Wake up! Get with it! It''s a brave new world where money grows on trees!

[ludvig1-2009]

I''ve only owned American model cars, Fords, Chevys, Buicks, Plymouths, and I''d buy a new car now, except for one thing. California has a law that says when you buy a new car, the sales tax has to go to the community you live in, not the community you buy the car in. The town I live in just voted in a tax to put more cops on the street. My doctor told me to go out and get some exercise. The cops have on more than 4 occassions acted like I was a criminal when I went out for a walk or a bike ride. I have no desire to pay the cop tax to put more of those idiots on the street. If California changed the law and let my sales tax go to the community I buy it, I''d buy a new car tomorrow as the money is in the bank.

[erniepf]

Hey, txgrouch2007: It''s almost 2009. Maybe your two years of complaining about Dems has finally fried your brain.

Regardless of your tiny views on suppressing the global economy, it''s happening. And if you want to keep blaming the Dems for everything that ails you, you may want to think about moving to Alaska.

I hear the economy up there is perfect.

[toolmangler-2009]

W
e need to start learning what our new lifestyle will be after a few years of Democrats running our country.
Seems like some famous Democrats have already sampled Cisco at some point...
Posted by txgrouch2007 at 08:28 PM : Nov 07, 2008



thats our trouble now, too many drunks and alcoholics in government already. they were minding the ''Jug'' not the store. Leave the cork in the bottle and help people instead of backstabbing and negativity. This kind of commentary speaks volumes and it isn''t pretty.