David Roll
Active Member
Harry Reid - "Auto bailout probably saved Ford"
This is the leader of the senate? :smack:
God help us. :sad:
This is the leader of the senate? :smack:
God help us. :sad:
Clueless in Nevada
- Thread starter David Roll
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While I agree that the guy is an idiot, but it is possible the bailout saved Ford. If GM and Chrysler would have failed, odds are, their suppliers would have failed. If Ford uses the same suppliers as GM and Chrysler do, then Ford would be scrambling to find new suppliers and possibly went bankrupt in the process.
Still, the guy is an idiot, but not sure if he is thinking Ford got a bailout or if he is refering to the supplier base.
Tom
Still, the guy is an idiot, but not sure if he is thinking Ford got a bailout or if he is refering to the supplier base.
Tom
Les
Well-Known Member
That would be giving him too much credit...
Kevin Lang
Well-Known Member
Agreed. WAY too much credit.
ReggieMRegalOne05 Legaspi
Well-Known Member
Hoping that the people in Nevada wakes up come November and replace him as well as the people in the California district that put Nancy Pelosi in congress.:toilet:
I think the way it helped Ford is by taxpayers rejecting those companies who took the Bail-out money and purchased from a company that did not. Remember, there was no guarantee that GM would survive even after the Bail-Out. If GM went under, where would you go for warranty service or parts for your late model GM vehicle.
Before the Bail-out Ford was also in deep financial straits like GM and Chrysler. They probably were a little better off then GM because they started scaling back 4-5 years earlier. Perhaps they even had enough vision to suspect that there would be backlash by the American tax-payers against companies that took the Bail-Out money. They may have seized the opportunity to gain a big market share of sales by not alienating the tax paying Americans, and sales that might have gone to GM or Chrysler were shifted to Ford.
I would like to think that Ford had strategicly planned it this way...Bravo for them!
...Rich
Before the Bail-out Ford was also in deep financial straits like GM and Chrysler. They probably were a little better off then GM because they started scaling back 4-5 years earlier. Perhaps they even had enough vision to suspect that there would be backlash by the American tax-payers against companies that took the Bail-Out money. They may have seized the opportunity to gain a big market share of sales by not alienating the tax paying Americans, and sales that might have gone to GM or Chrysler were shifted to Ford.
I would like to think that Ford had strategicly planned it this way...Bravo for them!
...Rich
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You can watch this and see what an idiot he is...IMO
:throwup:
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:throwup:
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Timmy-The-Ute
Active Member
The sad thing, having lived in Nevada for 11 years, there is a good chance he will be re-elected. Trying to get rid of Harry is like :btddhorse:
Mark K 2
Well-Known Member
I'm trying to figure out how and why Sharron Angle says such weird things. I'd love to be a fly on the wall in her home...it's gotta be a royally f'ed up place.
I love the way she bolted after agreeing to take questions at her own press conference a couple days ago...
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I love the way she bolted after agreeing to take questions at her own press conference a couple days ago...
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Bud Williams
Well-Known Member
Mark, are you working for the Obama Admin now?!?
That video looked like she was running late for another function...
To say she ducked out of her own press conference is a little
much. I don't think she would call a press conference in a gas
distributor plant, I think people took this youtube video
out of context like Obama did....
That video looked like she was running late for another function...
To say she ducked out of her own press conference is a little
much. I don't think she would call a press conference in a gas
distributor plant, I think people took this youtube video
out of context like Obama did....
Mark K 2
Well-Known Member
Last edited by a moderator:
Mark K 2
Well-Known Member
One more from the TV station that was there...
Bud Williams
Well-Known Member
Read the comments on that story, even the locals know this was yellow journalism....
Mark K 2
Well-Known Member
We all live in a yellow submarine, yellow submarine, yellow submarine.
Roger Batts
Well-Known Member
I just changed my signature to what I saw on a sticker today.
Les
Well-Known Member
Roger's signature...:grin:
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Thomas Rogers
Well-Known Member
Droll said:
Droll,
I don't know the context of what has been said, and I really don't so much care, but there could be a lot of truth to the statement above.
Consider this: Many people bought Fords and NOT Chevy's or Chryslers the past year to two for NO OTHER REASON than the fact that Ford DID NOT take bailout money. Many people really, really liked that. It gave them confidence in Ford, and the fact that other companies took tax money out of their pockets left a sour taste in their mouths.
So, if you consider the statement in that light, clearly it could be viewed that the bailout helped Ford very much...maybe even reinvigorated if not actually saved Ford.
TJR
Droll,
I don't know the context of what has been said, and I really don't so much care, but there could be a lot of truth to the statement above.
Consider this: Many people bought Fords and NOT Chevy's or Chryslers the past year to two for NO OTHER REASON than the fact that Ford DID NOT take bailout money. Many people really, really liked that. It gave them confidence in Ford, and the fact that other companies took tax money out of their pockets left a sour taste in their mouths.
So, if you consider the statement in that light, clearly it could be viewed that the bailout helped Ford very much...maybe even reinvigorated if not actually saved Ford.
TJR
David Roll
Active Member
Wait a minute.......
So your logic is that since the government gave $$ to two companies, they actually helped the company that did not get the $$ because consumers don't like to patronize government supported companies?
That means if we gave $$ to McDonalds and Burger King, the effect would also be to help Wendys? And you think that some politician planned that? Using that logic the government should give $$ away to almost everyone, and everyone else will benefit too.
I agree with your point that his statement could be taken that way, and I also agree that many consumers were driven to Ford due to their skepticism of GM and Chrysler taking the $$. But the process is convoluted.
How about this simple plan
1. No bailout
2. GM and Chrysler file bankruptcy
3. Companies are re-organized into a leaner, more efficient entities (or they go out of business) - AND THE MARKET FORCES DRIVE THE DEMAND FOR AUTOS TO THE REMAINING MANUFACTURERS!
I think Ford would have fared even better. (so would Chrysler and GM).
But getting back to Harry Reid, I agree with you that there may be some truth in what he said, but I am very skeptical that he actually knew what he was saying. Also the effect was a by-product, not planned. Im more willing to see this as a slip of the tongue (or mind). But expect much more from the leader of the US Senate. I want that individual to be one of the sharpest knives in the basket.
So your logic is that since the government gave $$ to two companies, they actually helped the company that did not get the $$ because consumers don't like to patronize government supported companies?
That means if we gave $$ to McDonalds and Burger King, the effect would also be to help Wendys? And you think that some politician planned that? Using that logic the government should give $$ away to almost everyone, and everyone else will benefit too.
I agree with your point that his statement could be taken that way, and I also agree that many consumers were driven to Ford due to their skepticism of GM and Chrysler taking the $$. But the process is convoluted.
How about this simple plan
1. No bailout
2. GM and Chrysler file bankruptcy
3. Companies are re-organized into a leaner, more efficient entities (or they go out of business) - AND THE MARKET FORCES DRIVE THE DEMAND FOR AUTOS TO THE REMAINING MANUFACTURERS!
I think Ford would have fared even better. (so would Chrysler and GM).
But getting back to Harry Reid, I agree with you that there may be some truth in what he said, but I am very skeptical that he actually knew what he was saying. Also the effect was a by-product, not planned. Im more willing to see this as a slip of the tongue (or mind). But expect much more from the leader of the US Senate. I want that individual to be one of the sharpest knives in the basket.
Thomas Rogers
Well-Known Member
Droll asks:
No, that's not my logic. That's my assertion.
My assertion is that there were no doubt many, many American that were both ticked off by and lost faith in GM and Chrysler because they "took the money." The only LOGIC comes into play with the recipricol of that assertion. The recipricol, as stated, is that since Ford did NOT take the money, many people no doubt ended up liking Ford better than GM and Chrysler and many no doubt were left with a higher confidence in Ford than in GM or Chrysler. That means that the bailout HELPED Ford.
TJR
No, that's not my logic. That's my assertion.
My assertion is that there were no doubt many, many American that were both ticked off by and lost faith in GM and Chrysler because they "took the money." The only LOGIC comes into play with the recipricol of that assertion. The recipricol, as stated, is that since Ford did NOT take the money, many people no doubt ended up liking Ford better than GM and Chrysler and many no doubt were left with a higher confidence in Ford than in GM or Chrysler. That means that the bailout HELPED Ford.
TJR
Les
Well-Known Member
Nothing hidden here TJR. Below is the quote and all this proves is Harry Reid is just another jerk-off politician spouting rhetoric before checking his facts.
