ggillin

Ford's Deepening Hole

Ford, GM and Chrysler have been in collusion with the US govt to keep the hydrocarbon tax structure alive and kicking for to long. All of the foreign competitors have never been bound to this policy in the worlds biggest market and so they have been eating F, G, an C's lunch (sales) for forty plus years and now the chickens have come home to roost. The govt long ago abandoned the big three when it became impossible to drill for oil, build a pipeline, refinery, gas storage facility, wind or tidal turbines, nuclear
reactor or anything else needed for energy production. Not in my backyard is the hue and cry of America today. The General got it right when he said that we are a bunch of whiners and may I add spoiled brat, gutless cry babies. I'm not the general and I do not have to be politically correct and condescending. All of you who oppose anything and everything stand up and take a bow because you are Americas biggest problem, you and the gutless pols who are your allies. Look what we have got from you, nothing and thats all we will ever get from you is nothing. Chrysler is dead, their future is nil, they are out of money and they will not be getting anymore. Every Chrysler product ever made is destined to be catching a sun tan in the nations auto junk yards except for a few saved by collectors. No one with even a modicum of a brain wants to keep more brands in an auto manufacturing market that is already over crowded and destined to become even more so. Ford, welcome to bankruptcy, most bond holders, all preferred holders and common stock holders, stick a fork in your butt, your done, kiss your investments good by. Everybody in the know has already bailed out if they could have, only speculative money is out there now and that's soon to vanish. Ford will survive because of old line American money and a govt bailout but the price is going to be high, very, very, high and the Ford family and Foundation will no longer own a controlling stake in anything. This American dynasty is coming to an end. Sad to say, because this writer has always been a 'Ford man'. The 1956 Ford Fairlane 500, (my all time favorite car) and all of those big beautiful Lincoln's that I loved and drove for so long (over 30+ years) are gone until the govt can force the hydrocarbon fuel tax structure into the fuel cell mix. What this means is that 'you' can not make your own fuel, a fairly simple thing to do. GM, you gutless coward, you deserve everything that is happening to you. You are the dumbest corporation in modern day history with a management team that can claim the all time DIMWITS title, uncontested throughout the world, GM, you win hands down, no one is even close. You refuse to build a quality small car and you have refused to build an electric car for years even while the govt was selling you out. You have destroyed billions of investors dollars and the lives of millions of workers. You do not deserve to survive but you will. The same is true for GM investors as for Fords, kiss your money good by if your dumb enough to stick around for this fiasco with this dimwit management. Do you think GM is safe in China, South America or Russia? who are you kidding, the Chinese do not need GM, in ten years you will not be able to find GM in China even if you look under every brick in the GREAT WALL , every auto company in the world can eat GM's lunch and these other country's/nations will be no exception. GM, bend over, the boot in your butt is coming in a big way. Someday a miracle of miracles will happen and GM will build a car that the American public actually wants and the cycle will begin again but for us middle aged investors, we will never live to see it, even with ten more modern miracles of medicine. Did anyone see “Who killed the electric car?” why it was GM, Ford and the US Govt. Why? Because of the 'hydrocarbon fuel tax structure' no other reason, certainly not all of the govt and manufacturer's poo that they have tried to bury us with all of these years. Today the hybrid is a reality, tomorrow (2010, if not sooner) the all electric car will arrive on America's roads. (the worlds roads, in reality) Get ready, a MASSIVE TAX OVER HAUL around the world is on the way and it is not going to be a pretty picture. The socialized country's are going to see the huge hand of govt on their paychecks (and I mean HUGE) and American's are going to see a 25 percent plus bite minimum for everybody. GM, Ford survive, Chrysler get your suntan lotion ready, your gonna need it.