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Engineer&Far

Engineer&Far
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  • Ford: We Could See A 5.00% Yield [View article]
    The investor's return on Ford will be driven by increasing sales and profits due to exceptional products. Exceptional cars and trucks require heavy R&D investments, technical support to resolve production/quality issues (like Mexican frame vendors that can't deliver) which should not be scavenged to increase dividends. If their dividend yield is twice what 10 year treasuries are yielding, why go more?
    Sep 2, 2015. 07:43 PM | Likes Like |Link to Comment
  • Detroit Three to consider pooled healthcare in new UAW deal [View news story]
    Are Stalinist screeds such as yours due to impotency? The UAW is the worlds largest consumers of Viagra....just saying.
    Sep 2, 2015. 07:31 PM | 2 Likes Like |Link to Comment
  • U.S. steelmakers again demand tariffs on imports [View news story]
    Our current leadership will threaten to sue them if they don't!!!!
    Aug 25, 2015. 10:32 AM | Likes Like |Link to Comment
  • Detroit gets a blast of Trump talk [View news story]
    Nurses aids don't make $30 an hour. The mean wage is $11.84, with the 90 percentile making $15.97. Here's the link to the Bureau of Labor Statistics data I used. http://1.usa.gov/1JmmmW3 People who make stuff up need to post on Yahoo or Huffington Post, where the readers never challenge BS.
    Aug 17, 2015. 09:56 AM | Likes Like |Link to Comment
  • Detroit gets a blast of Trump talk [View news story]
    B-Bob, The educated observer would note that accountants took over the US Auto Industry in the 70's and 80's. (ie Roger Smith, etc). No technical people were left in decision making positions, and so OF COURSE quality, innovation, and overall competitiveness took a dive. Check my hypothesis; when aerospace engineer Alan Mulaly was hired from Boeing by the Ford family in 2006 to turn Ford around....how did that work out? You could buy Ford stock at $2 a share (I did) in 2008 because all the 'experts' failed to see the significance of putting an Engineer in charge. It hit $18 a couple of years later and avoided bankruptcy, unlike GM (led by Rick Wagoner, economist/MBA) and Chrysler (led by Bob Nardelli, Home Depot background w/Business & MBA education). Sometimes the answer is simple and obvious.
    Aug 15, 2015. 01:16 PM | 6 Likes Like |Link to Comment
  • Detroit gets a blast of Trump talk [View news story]
    The Japanese government doesn't allow this. The reason US automakers don't export cars to Japan is that the Japanese do individual safety inspections on every imported US car. These used to cost $14,OOO per car, high enough that no US manufacturer tries to export to Japan. Total cars imported to Japan is less than 5%, mostly German who seem smarter at negotiated trade deals than the US.

    US cars are every bit as good (current production from Ford & GM anyway) as Japanese & Koreas. In 2008 Korea exported 500 cars to Japan. Korea is playing the same game with the US...China is way far behind in engineering capabilities, so it requires all manufacturing to be done with a Chinese auto company. Obviously, they are trying to steal the technology so their auto industry can compete worldwide. Hopefully, US companies realize this and don't share the important stuff like CAD/CAE design and analysis, metallurgy, etc....
    Aug 14, 2015. 02:17 PM | 3 Likes Like |Link to Comment
  • U.S. steelmakers again demand tariffs on imports [View news story]
    What does economic freedom indexes have to do with middle class impoverishment? And this trend has been going on much longer than Obama...so, again, do you have any idea why our country's economy is being hollowed out? GDP statistics that includes our super-rich explains nothing about the plight of the middle class. Hint: Apple Computer's business model.
    Aug 12, 2015. 07:30 PM | Likes Like |Link to Comment
  • U.S. steelmakers again demand tariffs on imports [View news story]
    I watched the Milton Friedman talk. His argument breaks down when the non-monetary barriers to free trade are included. Ref my examples of Korean tax audits and Japanese safety inspections. These barriers are not isolated and they are not "accidents". Spend years negotiating one barrier away, and the mercantilist government will spend a month replacing it with a different barrier. But most of all, Japanese, Korean and Chinese populations keep getting richer, while the US population's middle class keeps getting poorer. So, why is that happening ??????
    Aug 12, 2015. 10:07 AM | 3 Likes Like |Link to Comment
  • U.S. steelmakers again demand tariffs on imports [View news story]
    The best US steel company is Nucor. They have made money in their plants over this same time period, so Arcelor Mittal is being out-competed in the US market. Nucor makes it steel from scrap, it uses non-union employees who receive significant profit sharing checks, etc. The devil is in the details....
    Aug 12, 2015. 10:01 AM | 1 Like Like |Link to Comment
  • U.S. steelmakers again demand tariffs on imports [View news story]
    ps Nucor steel's retired president Dan D'ammico (sp?) has written a book on this topic. Per his book...common sense should tell us that if China is selling steel in the US for less than it takes to ship it here (easily determined) - the US steelmakers will be put out of business quite quickly. Free trade? I think not...but useful idiots (too many to name, but mostly academic economists) and paid shills (Ron Brown - paid rep for Japanese Automotive Association while serving in Bill Clinton's cabinet) will try to refute the obvious.
    Aug 11, 2015. 11:36 PM | 3 Likes Like |Link to Comment
  • U.S. steelmakers again demand tariffs on imports [View news story]
    In Japan, every US made auto is individually inspected for "safety". It used to cost around $14,000 per car, but that was 20 years ago. It's a mute point, as no US auto manufacturers try to export to Japan anymore. South Korea (until a couple of years ago) performed tax audits on any Korean who bought an auto from the US. Guess what, the US exports almost zero cars to our good friends the S. Koreans. How about instituting Tit For Tat trade agreements, where we impose the same conditions on our 'friends' as they impose on us? Would that be against Free Trade, or would that ensure actual free trade? How about it, you idealogues? Open your minds to our current reality, and the inevitable decline in our standard of living (per liberal & conservative pundits) might just shift for our country....
    Aug 11, 2015. 11:25 PM | 6 Likes Like |Link to Comment
  • Ford Is Priced As Though It Is Shrinking [View article]
    The construction industry buys more F-series trucks than the energy sector. It seems to be in a healthy growth mode for the next few years, as young adults desperately try to escape from their parents basements (or renting). The inventory of starter homes is at or below the lowest levels in 10 years. New home starts are running around 1 million/yr, vs historical averages of 1.5 million/yr. Gasoline prices will go back up, and most Americans realize this....contrary to silly media types. Bullish on Ford.
    Aug 10, 2015. 11:07 AM | 2 Likes Like |Link to Comment
  • Ford and the UAW begin key labor talks [View news story]
    I hope Ford hangs tough here. The profit sharing has been very lucrative for ALL the Ford employees, and allows them to weather the next downturn much more easily....and 'fairly'.
    Jul 23, 2015. 02:56 PM | 2 Likes Like |Link to Comment
  • The EPA and Pope Francis strange allies on greenhouse gas reform [View news story]
    Carbon Dioxide is not 'garbage'. All (100%) of green plants use it in photosynthesis to grow and give off oxygen. Spewing alarmist rhetoric is almost as bad as not building water reservoirs to save water in 'flood' times to use to keep plants alive in 'drought' times. Now that is garbage!
    Jun 19, 2015. 02:14 PM | 7 Likes Like |Link to Comment
  • The U.S. Has Become An Industrial Powerhouse [View article]
    http://nyti.ms/1GTPCRE

    The crickets are saying 'check out this link'. You'll learn that Apple computer has 43k US employees, and 720k foreign. This does explain why our middle class is disappearing in your 'new' economy. Also, the US copier market was $5 billion dollars in 2011, 85% going to Japan. Tesla sold $3.2 billion worth of cars in 2014, but still has never made a profit.... A shallow understanding of reality is worse than no understanding at all.
    Apr 17, 2015. 11:35 AM | Likes Like |Link to Comment
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