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forrest

Since 21 Jun 2005
4330 Posts
Hood River
Hick
CGKA Member
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Fri Dec 12, 08 8:36 am |
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I know it's easy for us to sit over here and point fingers. We aren't Detroit and we won't be as burdened by the massive amount of workers without jobs. The fact remains that these weren't competitive businesses and they needed to fail. Thank geezus someone saw through the bullshit.
I think Toyota is fully capable of building us Humvies. |
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Pete

Since 29 Oct 2007
843 Posts
Opinionated
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Fri Dec 12, 08 9:16 am |
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Don't count your failed chickens just yet. Politics have a way of reviving even the most dead, and the most idiotic schemes. |
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forrest

Since 21 Jun 2005
4330 Posts
Hood River
Hick
CGKA Member
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Fri Dec 12, 08 9:21 am |
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Round 3! Flight! |
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Kodiak

Since 01 Aug 2005
1114 Posts
Slidey
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Fri Dec 12, 08 9:31 am |
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I agree with a lot of what is said in this thread. However I am a bit dissapointed in everyone with how this is turning out. The fact that things have to get this bad to recognize a problem is a bit absurd. Where to even start.
1. I wonder why America has so many useless laws around what kind of cars can and can't be sold in the US. As I understand it there are several cars sold by US automakers in Europe that won't pass safety standards here, but are great sellers over there. I am pretty sure that if you can sell a car in Europe you should be able to sell it here. Sort of like all the silly regulations around diesel.
2. I want to understand why unions are so retarded that they will not put a pay cut plan in place to match non-union workers as opposed to the alternative which is lose your job entirely. I mean really how shotsited is that. Unions definitely have a place, but inevitably they tend to get greedy.
3. I am very upset that Congress didn't pass a bill to help the automakers. Why do you ask? Because inevitably the White House will bail them out, and GW will probably just hand them money with probably 1/10th of the strings attached that congress would.
I am all for capitalism and businesses failing if they can't make it. This is an unusual time in our history however and I would hate to see millions of people lose there jobs at a time when our economy is already very fragile. The amount of money tied up in the auto industry is staggering and I don't think the effects of its collapse at this point can be underestimated. |
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forrest

Since 21 Jun 2005
4330 Posts
Hood River
Hick
CGKA Member
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Fri Dec 12, 08 9:34 am |
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Reorganization through bankruptcy will fix the problem for the most part. The airlines went through it, and are doing better. The unions will most likely be dissolved, and that's what I think the fight is about. |
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blowhard
Since 26 Dec 2005
2027 Posts
Windward
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Fri Dec 12, 08 9:41 am |
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Forrest wrote: | Reorganization through bankruptcy will fix the problem for the most part. The airlines went through it, and are doing better. The unions will most likely be dissolved, and that's what I think the fight is about. |
VOTES is what it's all about ,,
or aboot if your Canadian
high wage earners can slow entitlement programs
by not working so much
another good reason to take the day off  |
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Kodiak

Since 01 Aug 2005
1114 Posts
Slidey
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Fri Dec 12, 08 9:54 am |
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Forrest wrote: | Reorganization through bankruptcy will fix the problem for the most part. The airlines went through it, and are doing better. The unions will most likely be dissolved, and that's what I think the fight is about. |
It might work, but it won't happen. I will bet anyone the white house just pays them out of the initial bailout cash. If anyone want to take that bet let me know. Probably safer than the market  |
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pdxmonkeyboy

Since 16 May 2006
6081 Posts
forever labled as the
retired kiter & motorhead Unicorn Master
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Fri Dec 12, 08 10:05 am |
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Kodiak makes some good points. Actually, I think that some of the unions have actually taken pay cuts. While some Euro cars won't meet safety standards, I do remember hearing that US market cars can not be sold in Asia and parts of Europe because they do not meet fuel efficiency standards.
While part of me is very worried about the effects on the economy if these companies disappear there is anther part of me that realizes that this is how industrialized nations evolve over time. The writing has been on the wall (at least the left leaning walls in my house) for awhile that there will be a fundamental shift from everyone driving everywhere. yeah, gas is dirt cheap now but it is not going to stay that way for long. People will loose jobs and some of those people will turn to Budweiser and beating their wives and some will pick themselves up and find new jobs. Who knows, maybe some of those people will start building wind turbines or something. Allot of visionaries foresee many green collar jobs for working class people in the future. The bottom line is that building shitty cars with short life expectancies and poor gas mileage is a poor business model. Huh? who would have thunk it?
The economic hit probably wouldn't be so bad if people hadn't wasted their money on new cars in the first place. What? you can't drive a 5 year old car? I think at times people don't realize how insidious and marketing driven the desire for a new car is. Just about EVERY commercial break has a car ad. Maybe they will just be toyota and honda ads now? |
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Moto

Since 03 Sep 2006
2698 Posts
Still a gojo pimp!
Moto Mouth
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Fri Dec 12, 08 10:31 am |
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pdxmonkeyboy wrote: | I think at times people don't realize how insidious and marketing driven the desire for a new car is. |
Don't forget those wonderful radio ads:
- The Letter U work, the letter U drive .com
- Dick says yes
- Joe says yes
- Pedro says yes
- Don't forget those stupid car commercials about someone coming home with black eyes  _________________ Still rockin gojos, *ssless chaps, and ankle weights! |
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pdxmonkeyboy

Since 16 May 2006
6081 Posts
forever labled as the
retired kiter & motorhead Unicorn Master
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Fri Dec 12, 08 10:48 am |
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terremoto wrote: | pdxmonkeyboy wrote: | I think at times people don't realize how insidious and marketing driven the desire for a new car is. |
Don't forget those wonderful radio ads: |
Those radio ads do wonders for satellite radio sales. Some of the best money I ever spent. I haven't heard the phrase "credit soo fast dot com" in over a year.  |
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pjc
Since 06 Mar 2005
649 Posts
Addicted
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Fri Dec 12, 08 10:48 am |
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pdxmonkeyboy wrote: | What? you can't drive a 5 year old car? I think at times people don't realize how insidious and marketing driven the desire for a new car is. |
I think that's the most relevant point in the whole thread. People are going to save money by milking their old cars longer. All the car companies are getting hammered, but the Big Three were close to the edge to begin with.
Why sell a 5 year old car with 100K miles? It probably still has 50K+ more miles on it at least, maybe 150K more miles if it's a Honda. But the car industry is sort of based on a large number of people getting their "new car smell hit" every 3-5 years. |
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forrest

Since 21 Jun 2005
4330 Posts
Hood River
Hick
CGKA Member
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Fri Dec 12, 08 11:06 am |
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My gas guzzling Toyota 4runner has 141,000 miles. It's practically brand new and has at least another 100k in it. I aint selling that thing anytime soon! |
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Kodiak

Since 01 Aug 2005
1114 Posts
Slidey
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Fri Dec 12, 08 11:15 am |
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I do think that there are quite a few people out there that rightfully should feel the pain of bankruptcy. I was listening to a chat on the radio today with the question would you take a pay cut if it would save your job or someone elses job?
A union worker from Ohio called in and said well they already were taking a big cut. He said they made $28 dollars an hour and next year were going to have to pay in $1 out of there pocket for retiring union workers. I almost spit out my cornflakes from laughing. Now, I am sure there are thousands of union workers out ther that would gladly take a pay cut to save a company or get inline with what the rest of the industy is paying and those are the people taht will get screwed.
The people I feel bad for are the ones that own/work at the dealerships. They are pretty much all independent and will basically be out of work because of this debacle. Actually though spending money on new cars or new anything is not inherintly bad as long as you ahve the money. If you buy new things it helps grow the economy and creat jobs for others. It is when you borrow against money you can't hope to ever make to purchase things taht gets you and the country in trouble. We are now basically all going the other way. Save money, more businesses go under, more people lose jobs, less money to spend. Downward spiral.
To another point. I am one of those folks that was looking at buying a new vehicle when gas prices were super high. I was looking at a jetta diesel wagon to save on gas prices and you actually get a nice tax credit. However I will make my trooper last a while longer now that gas is cheap and my wife is jobless. Last edited by Kodiak on Fri Dec 12, 08 11:21 am; edited 1 time in total |
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genek

Since 21 Jul 2006
2165 Posts
East Po
KGB
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Fri Dec 12, 08 11:19 am |
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My Subbie's got 130k and going strong (as long as my "fixes" don't break it). _________________ The Slider Project, LLC
Support the cause!
http://www.sliderproject.com/ |
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Moto

Since 03 Sep 2006
2698 Posts
Still a gojo pimp!
Moto Mouth
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Fri Dec 12, 08 11:21 am |
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95 Geo prizm - 150,000 miles!! I got duct tape on the bumpers to keep them from falling off!! - but I get around 33 miles to the gallon on the highway _________________ Still rockin gojos, *ssless chaps, and ankle weights! |
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Kodiak

Since 01 Aug 2005
1114 Posts
Slidey
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Fri Dec 12, 08 11:25 am |
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I made an edit to my last post but it didnt take. ONe other thing to think about. Buying a enw car every few years is not inherently bad, if you ahve the money and want to spend it on that. Hell ahlf of us on this forum spend a few grand every/every other eyar on kite stuff. Some people might call that crazy. Spending money helps fuel the economy and create jobs. It is when you spend money you don't have or could never even hope to make that you get in trouble.
Now we are currently in the reverse situation. No one wants to spend money, so the economy shrinks, jobs are lost, less money to spend. It is a nice downward spiral. I hope that new markets are created out of this, and I think they will e. I just hope it doesn't take 5 years for that to happen. |
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Nak

Since 19 May 2005
4305 Posts
Camas
Site Lackey
CGKA Member
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Fri Dec 12, 08 3:30 pm |
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'92 Chevy Blazer, 196,000 miles and still in awsome shape! Lots of heavy towing and 4 wheeling in those miles. I've only ever had to do regular maintanennce and replaced the alternator once. Detroit can build them good when they choose to... |
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