Home › Forums › Financial Markets/Economics › Time for Jeff Bridges to dump Hyundai
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Coronita.
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July 2, 2009 at 11:28 AM #424756July 2, 2009 at 11:44 AM #424036CoronitaParticipant
[quote=Rt.66][quote=CONCHO]Rt.66 I’m afraid you’re not going to change any minds here. This country is toast. The tent cities in my neighborhood grow by the day and now there are children in them (I’ve lived here 8 years and never seen that before). The people here will blame George Bush, they’ll blame Al Gore, they’ll blame Republicans and Democrats and conservatives and liberals and illegal immigrants and hippies and anyone else they can think of, but they will never blame the man in the mirror… (A little shout out to our fallen homie MJ there. Hee heeeeee!)
We are heading straight to the bottom. The lifeboats left some time ago and only us numbskulls are left on the tilting deck, arguing about who’s stateroom is better and who got the best price on the ticket.[/quote]
Well said and wise words.
Your post would make a nice bookend for this thread.[/quote]
I don’t see it that way. I think temporary mass suffering might actually put us back on the right track over the long term. I don’t look forward to it…But what’s worse. The baby boomers and part of generation X to pay now or have our children pay our for our mistakes. I think the problem is folks want to get out of this mess to easily. They want to avoid pain, they want to avoid losing their job, they want to avoid seeing their home prices crater and having credit shrunken, or seeing their pensions get wiped out, or seeing their social security check halfed, medicare halved, welfare removed,etc That’s why there’s so much clamouring for government intervention. That’s why the government keeps spending and spending and spending and why CA can’t balance a damn budget. No one is willing to make sacrifices. Everyone wants to preserve their “quality of life”. Times are changing, and I think in order to move forward we need to bite the bullet and take on the pain, make sacrifices, not have these social entitlements.
I look at it this way. This u.s. auto industry is toast. And should this run it’s course, auto industry needs to produce less cars. People don’t need to be encouraged to spend more money they don’t have through subsidies. Enticing people to go buy more big ticket items at this point just encourages additional spending/consumerism that continues to drain american pockets. The goal of what auto companies OR any company for this matter is how to turn a buck overseas. That’s where the dollars are. That’s where we need to bring money back. That’s why I don’t get it when folks are pissed about the housing bailout but not ticked off about the auto bailout. Both encourage excessive domestic spending driven approaches which soon will be proven to leave american even poorer than before….my opinion.
It’s really time americans need to wake up. We’re poor, we’re broke.. The days of spend spend spend is over.
July 2, 2009 at 11:44 AM #424267CoronitaParticipant[quote=Rt.66][quote=CONCHO]Rt.66 I’m afraid you’re not going to change any minds here. This country is toast. The tent cities in my neighborhood grow by the day and now there are children in them (I’ve lived here 8 years and never seen that before). The people here will blame George Bush, they’ll blame Al Gore, they’ll blame Republicans and Democrats and conservatives and liberals and illegal immigrants and hippies and anyone else they can think of, but they will never blame the man in the mirror… (A little shout out to our fallen homie MJ there. Hee heeeeee!)
We are heading straight to the bottom. The lifeboats left some time ago and only us numbskulls are left on the tilting deck, arguing about who’s stateroom is better and who got the best price on the ticket.[/quote]
Well said and wise words.
Your post would make a nice bookend for this thread.[/quote]
I don’t see it that way. I think temporary mass suffering might actually put us back on the right track over the long term. I don’t look forward to it…But what’s worse. The baby boomers and part of generation X to pay now or have our children pay our for our mistakes. I think the problem is folks want to get out of this mess to easily. They want to avoid pain, they want to avoid losing their job, they want to avoid seeing their home prices crater and having credit shrunken, or seeing their pensions get wiped out, or seeing their social security check halfed, medicare halved, welfare removed,etc That’s why there’s so much clamouring for government intervention. That’s why the government keeps spending and spending and spending and why CA can’t balance a damn budget. No one is willing to make sacrifices. Everyone wants to preserve their “quality of life”. Times are changing, and I think in order to move forward we need to bite the bullet and take on the pain, make sacrifices, not have these social entitlements.
I look at it this way. This u.s. auto industry is toast. And should this run it’s course, auto industry needs to produce less cars. People don’t need to be encouraged to spend more money they don’t have through subsidies. Enticing people to go buy more big ticket items at this point just encourages additional spending/consumerism that continues to drain american pockets. The goal of what auto companies OR any company for this matter is how to turn a buck overseas. That’s where the dollars are. That’s where we need to bring money back. That’s why I don’t get it when folks are pissed about the housing bailout but not ticked off about the auto bailout. Both encourage excessive domestic spending driven approaches which soon will be proven to leave american even poorer than before….my opinion.
It’s really time americans need to wake up. We’re poor, we’re broke.. The days of spend spend spend is over.
July 2, 2009 at 11:44 AM #424548CoronitaParticipant[quote=Rt.66][quote=CONCHO]Rt.66 I’m afraid you’re not going to change any minds here. This country is toast. The tent cities in my neighborhood grow by the day and now there are children in them (I’ve lived here 8 years and never seen that before). The people here will blame George Bush, they’ll blame Al Gore, they’ll blame Republicans and Democrats and conservatives and liberals and illegal immigrants and hippies and anyone else they can think of, but they will never blame the man in the mirror… (A little shout out to our fallen homie MJ there. Hee heeeeee!)
We are heading straight to the bottom. The lifeboats left some time ago and only us numbskulls are left on the tilting deck, arguing about who’s stateroom is better and who got the best price on the ticket.[/quote]
Well said and wise words.
Your post would make a nice bookend for this thread.[/quote]
I don’t see it that way. I think temporary mass suffering might actually put us back on the right track over the long term. I don’t look forward to it…But what’s worse. The baby boomers and part of generation X to pay now or have our children pay our for our mistakes. I think the problem is folks want to get out of this mess to easily. They want to avoid pain, they want to avoid losing their job, they want to avoid seeing their home prices crater and having credit shrunken, or seeing their pensions get wiped out, or seeing their social security check halfed, medicare halved, welfare removed,etc That’s why there’s so much clamouring for government intervention. That’s why the government keeps spending and spending and spending and why CA can’t balance a damn budget. No one is willing to make sacrifices. Everyone wants to preserve their “quality of life”. Times are changing, and I think in order to move forward we need to bite the bullet and take on the pain, make sacrifices, not have these social entitlements.
I look at it this way. This u.s. auto industry is toast. And should this run it’s course, auto industry needs to produce less cars. People don’t need to be encouraged to spend more money they don’t have through subsidies. Enticing people to go buy more big ticket items at this point just encourages additional spending/consumerism that continues to drain american pockets. The goal of what auto companies OR any company for this matter is how to turn a buck overseas. That’s where the dollars are. That’s where we need to bring money back. That’s why I don’t get it when folks are pissed about the housing bailout but not ticked off about the auto bailout. Both encourage excessive domestic spending driven approaches which soon will be proven to leave american even poorer than before….my opinion.
It’s really time americans need to wake up. We’re poor, we’re broke.. The days of spend spend spend is over.
July 2, 2009 at 11:44 AM #424617CoronitaParticipant[quote=Rt.66][quote=CONCHO]Rt.66 I’m afraid you’re not going to change any minds here. This country is toast. The tent cities in my neighborhood grow by the day and now there are children in them (I’ve lived here 8 years and never seen that before). The people here will blame George Bush, they’ll blame Al Gore, they’ll blame Republicans and Democrats and conservatives and liberals and illegal immigrants and hippies and anyone else they can think of, but they will never blame the man in the mirror… (A little shout out to our fallen homie MJ there. Hee heeeeee!)
We are heading straight to the bottom. The lifeboats left some time ago and only us numbskulls are left on the tilting deck, arguing about who’s stateroom is better and who got the best price on the ticket.[/quote]
Well said and wise words.
Your post would make a nice bookend for this thread.[/quote]
I don’t see it that way. I think temporary mass suffering might actually put us back on the right track over the long term. I don’t look forward to it…But what’s worse. The baby boomers and part of generation X to pay now or have our children pay our for our mistakes. I think the problem is folks want to get out of this mess to easily. They want to avoid pain, they want to avoid losing their job, they want to avoid seeing their home prices crater and having credit shrunken, or seeing their pensions get wiped out, or seeing their social security check halfed, medicare halved, welfare removed,etc That’s why there’s so much clamouring for government intervention. That’s why the government keeps spending and spending and spending and why CA can’t balance a damn budget. No one is willing to make sacrifices. Everyone wants to preserve their “quality of life”. Times are changing, and I think in order to move forward we need to bite the bullet and take on the pain, make sacrifices, not have these social entitlements.
I look at it this way. This u.s. auto industry is toast. And should this run it’s course, auto industry needs to produce less cars. People don’t need to be encouraged to spend more money they don’t have through subsidies. Enticing people to go buy more big ticket items at this point just encourages additional spending/consumerism that continues to drain american pockets. The goal of what auto companies OR any company for this matter is how to turn a buck overseas. That’s where the dollars are. That’s where we need to bring money back. That’s why I don’t get it when folks are pissed about the housing bailout but not ticked off about the auto bailout. Both encourage excessive domestic spending driven approaches which soon will be proven to leave american even poorer than before….my opinion.
It’s really time americans need to wake up. We’re poor, we’re broke.. The days of spend spend spend is over.
July 2, 2009 at 11:44 AM #424781CoronitaParticipant[quote=Rt.66][quote=CONCHO]Rt.66 I’m afraid you’re not going to change any minds here. This country is toast. The tent cities in my neighborhood grow by the day and now there are children in them (I’ve lived here 8 years and never seen that before). The people here will blame George Bush, they’ll blame Al Gore, they’ll blame Republicans and Democrats and conservatives and liberals and illegal immigrants and hippies and anyone else they can think of, but they will never blame the man in the mirror… (A little shout out to our fallen homie MJ there. Hee heeeeee!)
We are heading straight to the bottom. The lifeboats left some time ago and only us numbskulls are left on the tilting deck, arguing about who’s stateroom is better and who got the best price on the ticket.[/quote]
Well said and wise words.
Your post would make a nice bookend for this thread.[/quote]
I don’t see it that way. I think temporary mass suffering might actually put us back on the right track over the long term. I don’t look forward to it…But what’s worse. The baby boomers and part of generation X to pay now or have our children pay our for our mistakes. I think the problem is folks want to get out of this mess to easily. They want to avoid pain, they want to avoid losing their job, they want to avoid seeing their home prices crater and having credit shrunken, or seeing their pensions get wiped out, or seeing their social security check halfed, medicare halved, welfare removed,etc That’s why there’s so much clamouring for government intervention. That’s why the government keeps spending and spending and spending and why CA can’t balance a damn budget. No one is willing to make sacrifices. Everyone wants to preserve their “quality of life”. Times are changing, and I think in order to move forward we need to bite the bullet and take on the pain, make sacrifices, not have these social entitlements.
I look at it this way. This u.s. auto industry is toast. And should this run it’s course, auto industry needs to produce less cars. People don’t need to be encouraged to spend more money they don’t have through subsidies. Enticing people to go buy more big ticket items at this point just encourages additional spending/consumerism that continues to drain american pockets. The goal of what auto companies OR any company for this matter is how to turn a buck overseas. That’s where the dollars are. That’s where we need to bring money back. That’s why I don’t get it when folks are pissed about the housing bailout but not ticked off about the auto bailout. Both encourage excessive domestic spending driven approaches which soon will be proven to leave american even poorer than before….my opinion.
It’s really time americans need to wake up. We’re poor, we’re broke.. The days of spend spend spend is over.
July 2, 2009 at 11:51 AM #424051PKMAN
ParticipantCouldn’t help to jump back in…
Rt66, even though we’re on different sides and I think you are too radical in your view, I admire you for taking the time and the detail to defend the Big 2, while the original poster pretty much just sit on the sideline to watch a good fight and only jumping in occasionally. Since you’ve been doing such a good job defending the Big 2, I must challenge you again.
GM, Toyota, VW and Ford all produce 5 million+ vehicles worldwide annually. How is it that Toyota and VW can be very profitable while GM is bankrupt and Ford is barely surviving? GM and Ford combined still have 1/3 of the US market share. According to Wikipedia, GM is #1 in the US, #2 in China, #3 in EU and #4 in South America. Can you think of another company that has such globally dominant market share and still bankrupt? The union argument doesn’t hold water because VW also has very strong union, maybe even stronger and more demanding than UAW. Government subsidies and foreign exchange fluctuation may play a minor factor but do not explain the extremity of these 4 companies’ situation, especially the dire situation of GM.
Every retiring CEO of GM in the last 30 years claimed that the company was in better shape than when they took over and that GM would be in better shape against the competitions moving forward (saw than in a news documentary recently), and yet GM is now bankrupt. Either they all lied blatantly to the consumers and investors or they were too ignorant to face the facts. It’s sad to see that while people like you are fighting hard to drum up support for the Big 2, their management has failed consumers, investors and you time and time again.
July 2, 2009 at 11:51 AM #424282ParticipantCouldn’t help to jump back in…
Rt66, even though we’re on different sides and I think you are too radical in your view, I admire you for taking the time and the detail to defend the Big 2, while the original poster pretty much just sit on the sideline to watch a good fight and only jumping in occasionally. Since you’ve been doing such a good job defending the Big 2, I must challenge you again.
GM, Toyota, VW and Ford all produce 5 million+ vehicles worldwide annually. How is it that Toyota and VW can be very profitable while GM is bankrupt and Ford is barely surviving? GM and Ford combined still have 1/3 of the US market share. According to Wikipedia, GM is #1 in the US, #2 in China, #3 in EU and #4 in South America. Can you think of another company that has such globally dominant market share and still bankrupt? The union argument doesn’t hold water because VW also has very strong union, maybe even stronger and more demanding than UAW. Government subsidies and foreign exchange fluctuation may play a minor factor but do not explain the extremity of these 4 companies’ situation, especially the dire situation of GM.
Every retiring CEO of GM in the last 30 years claimed that the company was in better shape than when they took over and that GM would be in better shape against the competitions moving forward (saw than in a news documentary recently), and yet GM is now bankrupt. Either they all lied blatantly to the consumers and investors or they were too ignorant to face the facts. It’s sad to see that while people like you are fighting hard to drum up support for the Big 2, their management has failed consumers, investors and you time and time again.
July 2, 2009 at 11:51 AM #424564ParticipantCouldn’t help to jump back in…
Rt66, even though we’re on different sides and I think you are too radical in your view, I admire you for taking the time and the detail to defend the Big 2, while the original poster pretty much just sit on the sideline to watch a good fight and only jumping in occasionally. Since you’ve been doing such a good job defending the Big 2, I must challenge you again.
GM, Toyota, VW and Ford all produce 5 million+ vehicles worldwide annually. How is it that Toyota and VW can be very profitable while GM is bankrupt and Ford is barely surviving? GM and Ford combined still have 1/3 of the US market share. According to Wikipedia, GM is #1 in the US, #2 in China, #3 in EU and #4 in South America. Can you think of another company that has such globally dominant market share and still bankrupt? The union argument doesn’t hold water because VW also has very strong union, maybe even stronger and more demanding than UAW. Government subsidies and foreign exchange fluctuation may play a minor factor but do not explain the extremity of these 4 companies’ situation, especially the dire situation of GM.
Every retiring CEO of GM in the last 30 years claimed that the company was in better shape than when they took over and that GM would be in better shape against the competitions moving forward (saw than in a news documentary recently), and yet GM is now bankrupt. Either they all lied blatantly to the consumers and investors or they were too ignorant to face the facts. It’s sad to see that while people like you are fighting hard to drum up support for the Big 2, their management has failed consumers, investors and you time and time again.
July 2, 2009 at 11:51 AM #424633ParticipantCouldn’t help to jump back in…
Rt66, even though we’re on different sides and I think you are too radical in your view, I admire you for taking the time and the detail to defend the Big 2, while the original poster pretty much just sit on the sideline to watch a good fight and only jumping in occasionally. Since you’ve been doing such a good job defending the Big 2, I must challenge you again.
GM, Toyota, VW and Ford all produce 5 million+ vehicles worldwide annually. How is it that Toyota and VW can be very profitable while GM is bankrupt and Ford is barely surviving? GM and Ford combined still have 1/3 of the US market share. According to Wikipedia, GM is #1 in the US, #2 in China, #3 in EU and #4 in South America. Can you think of another company that has such globally dominant market share and still bankrupt? The union argument doesn’t hold water because VW also has very strong union, maybe even stronger and more demanding than UAW. Government subsidies and foreign exchange fluctuation may play a minor factor but do not explain the extremity of these 4 companies’ situation, especially the dire situation of GM.
Every retiring CEO of GM in the last 30 years claimed that the company was in better shape than when they took over and that GM would be in better shape against the competitions moving forward (saw than in a news documentary recently), and yet GM is now bankrupt. Either they all lied blatantly to the consumers and investors or they were too ignorant to face the facts. It’s sad to see that while people like you are fighting hard to drum up support for the Big 2, their management has failed consumers, investors and you time and time again.
July 2, 2009 at 11:51 AM #424796ParticipantCouldn’t help to jump back in…
Rt66, even though we’re on different sides and I think you are too radical in your view, I admire you for taking the time and the detail to defend the Big 2, while the original poster pretty much just sit on the sideline to watch a good fight and only jumping in occasionally. Since you’ve been doing such a good job defending the Big 2, I must challenge you again.
GM, Toyota, VW and Ford all produce 5 million+ vehicles worldwide annually. How is it that Toyota and VW can be very profitable while GM is bankrupt and Ford is barely surviving? GM and Ford combined still have 1/3 of the US market share. According to Wikipedia, GM is #1 in the US, #2 in China, #3 in EU and #4 in South America. Can you think of another company that has such globally dominant market share and still bankrupt? The union argument doesn’t hold water because VW also has very strong union, maybe even stronger and more demanding than UAW. Government subsidies and foreign exchange fluctuation may play a minor factor but do not explain the extremity of these 4 companies’ situation, especially the dire situation of GM.
Every retiring CEO of GM in the last 30 years claimed that the company was in better shape than when they took over and that GM would be in better shape against the competitions moving forward (saw than in a news documentary recently), and yet GM is now bankrupt. Either they all lied blatantly to the consumers and investors or they were too ignorant to face the facts. It’s sad to see that while people like you are fighting hard to drum up support for the Big 2, their management has failed consumers, investors and you time and time again.
July 2, 2009 at 12:10 PM #424071Zeitgeist
ParticipantWe’re poor, we’re broke and we’re jobless with the U.S. rate hitting 9.5 and California is over 11%. I thought the stimulus was going to prevent those kind of numbers.
July 2, 2009 at 12:10 PM #424303ParticipantWe’re poor, we’re broke and we’re jobless with the U.S. rate hitting 9.5 and California is over 11%. I thought the stimulus was going to prevent those kind of numbers.
July 2, 2009 at 12:10 PM #424584ParticipantWe’re poor, we’re broke and we’re jobless with the U.S. rate hitting 9.5 and California is over 11%. I thought the stimulus was going to prevent those kind of numbers.
July 2, 2009 at 12:10 PM #424654ParticipantWe’re poor, we’re broke and we’re jobless with the U.S. rate hitting 9.5 and California is over 11%. I thought the stimulus was going to prevent those kind of numbers.
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