Midas1

The Big Three Crisis: Stocks Plunge as Politicians Moralize

Oh, yes let's infuse blood into a dead horse. The stupidity belongs to GM and Ford who couldn't get their crap together after the oil embargo to make a decent car. No company could have been so stupid as to think there would not be another crisis. I WILL NOT SUPPORT PADDING THE POCKETS OF IDIOTS!! GM and Ford's quality has never been that great. Yet, they want a "Cadillac" price for vehicles they never back. You can enjoy replacing transmissions. I have better things to do than to back these companies that continue to operate with a mentality and intellect that couldn't spell cat if one spotted them the "c" and the "a". Government involvement is socialism. The fact is Ford and GM cannot compete with thinking companies. They were too busy gobbling profits from wasteful fuel inefficient SUVs which you probably drive.


On Nov 24 09:40 AM qObserver wrote:

> So you will go and buy a vehicle based on the compensation of the
> CEO's? Give me a brake!
>
> You seem to forget that in the 70's most of the Japan products were
> a pile of crap, after just a few years they were a rust bucket, I
> know I owned a couple.
>
> Quality is preservative; the difference today between the best and
> worst is statistically insignificant. Every manufacturer makes a
> quality product, if they didn’t nobody would but them.
>
> Lets not forget, GM SELLS THE MOST CARS AROUND THE WORLD, so this
> is not an insignificant company.
>
> The issue at hand is not the cars, the compensation, the quality;
> it’s a credit issue that is affecting every company around the world.
> No available credit = no car sales, period.
>
> Anybody, including yourself, that seems to think it’s a good to allow
> a significant national asset like the American auto industry to fail
> for issues that are out of their control is simply showing their
> lack of intelligence (wanted to say stupidity, but wanted to be nice).
> You should get better educated, learn the facts, and understand the
> sever consequences that will come if this is allowed to happen.
>
>
> By the way, it’s a loan, not a handout!