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  • Detroit's Bailout Invites Competitive Response from Abroad [View article]

    the Big Three






    Nothing needs to be said... Ford, Chrysler and GM's contributions after
    9/11

    An interesting commentary...You might find this of interest:

    'CNN Headline News did a short news listing regarding Fo! rd and GM's
    contributions to the relief and recovery efforts in New York and
    Washington.

    The findings are as follows.....

    1. Ford- $10 million to American Red Cross matching employee
    contributions of the same number plus 10 Excursions to NY Fire Dept. The
    company also offered ER response ! team se rvices and office space to
    displaced government employees.

    2. GM- $10 million to American Red Cross matching employee contributions
    of the sam e number and a fleet of vans, suv's, and trucks.

    3. Daimler Chrysler- $10 million to support of the children and victims
    of the Sept. 11 attack.

    4. Harley Davidson motorcycles- $1 million and 30 new motorcycles to the
    New York Police Dept.

    5. Volkswagen-Employees and management created a Sept 11 Foundation,
    funded initial with $2 million, for the assistance of the children and
    victims of the WTC.

    6. Hyundai- $300,000 to the American Red Cross.

    7. Audi-Nothing.

    8. BMW-Nothing.

    9. Daewoo- Nothing.

    10. Fiat-Nothing.

    11. Honda- Nothing despite boasting of second best sales month ever in
    August 2001

    12. Isuzu- Nothing.

    13. Mitsubishi-Nothing.

    14. Nissan-Nothing.

    15. Porsche-Nothing. Press release with condolences via the Porsche
    website.

    16. Subaru- Nothing.

    17. Suzuki- Nothing.

    18. Toyota-Nothing despite claims of high sales in July and August 2001.
    Condolences posted on the website Whenever the time may be for you to
    purchase or lease a new vehicle, keep this information in mind. You
    might want to give more consideration to a car manufactured by an
    American-owned and / or American based company. Apart from Hyundai and
    Volkswagen, the foreign car companies contributed nothing at all to the
    citizens of the United States ... It's OK for these companies to take
    money out of this country, but it is apparently not acceptable to return
    some in a time of crisis. I believe we should not forget things like
    this. Say thank you in a way that gets their attention..

    ++++ Pass it on, I just did. ++++






    On Dec 10 09:49 AM eddie64 wrote:

    > GM & CHRYSLER:
    > The GRAVE is dug, and it's only a matter of TIME & MONEY before
    > the dirt is shoveled over the coffins. It is quite apparent that
    > the UAW doesn't get it, and Exec's continue to display small gonnies!
    > Dems in Congress are behoden to the Unions for over $450M in 2008
    > campaign financing......$53MM by the UAW. Their scare tactics of
    > catastrophic consequences from a pre-packaged CH11 reorganization
    > is BOGUS.
    > Senator Corker has it exactly right, yet he is largely ignored as
    > an annoying knat in Congress. UNLESS, and until the DEBT, LABOR and
    > LEGACY COSTS are realigned, there is absolutely no way these companies
    > can exist!
    > I challenge anyone to explain how the cost of a REAL REORG will cost
    > more than $125BB, which is where we are headed under the current
    > legislation-----and the DIRT WILL STILL COVER THE COFFINS .........
    > only a few years later............
    > Business as usual in DC!!!!!!!!!
    > IMHO
    Dec 10 10:22 am |Rating: +3 -1
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