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#1
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Thoughts on the bailout...
I think this sums it all up really well.
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1991 SVX L JDM Last edited by Mike621; 12-11-2008 at 05:59 PM. |
#2
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Re: Thoughts on the bailout...
LOL!
How about this: 14,000,000,000 (14 Billion, bailout Phase 1) Divided by 138,000,000 Taxpayers, est., USA 2008 ( Wikipedia) = $101.50 each...
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Cheers! Gordon 1997 Ebony #308 113k "The Black Diva"SOLD 1992 Black over Liquid Silver 152k SOLD 1992 Ebony 251k 444 SOLD 1999 Silver SLK230 134k SOLD 1997 Green Outback 137k SOLD 2013 Honda Accord I4 SOLD 2015 Subaru Crosstrek 30k 2018 Tesla M3 30k Last edited by processengr; 12-11-2008 at 06:22 PM. Reason: math |
#3
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Re: Thoughts on the bailout...
I feel that giving the companies money when no one is going to buy their cars anyway is a big waste. The government should give customers up to $20,000 in rebates for every domestic car purchased so it will encourage people to buy their vehicles (up to a certain amount of vehicles of course).
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Tim 92 Liquid Silver SVX 5MT 2009 BMW Z4 (Gone) 2012 Camry V6 SE |
#4
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Re: Thoughts on the bailout...
bwahahaha!
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Matt Locker Link 2015 BRZ Limited 6MT 92 Ebony LS-L ECUtune Stage2av1, Z32 MAF, 370cc injectors, TomsSVX intake, BontragerWorks 22mm RSB #003, HID Hi and Lo beams, OT endlink and bushing mods, PWR Aluminum radiator, Harvey's QC shift kit, 2.5" flowmaster 80 exhaust, 17" Michelin Pilot Sport A/S, Poly sway bar bushings, Slotted Bradi rotors, AFBeefcake powdercoated calipers, 97 grill, and a huge set of air horns. 300,000 miles and counting 92 Ebony LS-L. ecutune stage1v4, motorsport 1pc pulley. Garage Queen - sold to Dad in upstate NY 155,000 miles 19 Subaru Ascent Premium - -Hers !. 89 DL 4x4 little red wagon - a.k.a. The immortal suby. 275k R.I.P. |
#5
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Re: Thoughts on the bailout...
****ing bull ****, mike has it about right.
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1991 xt6 eg33? 1993 gc track car |
#6
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Re: Thoughts on the bailout...
****ing Democrats... BTW this should be in Political Tom |
#7
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Re: Thoughts on the bailout...
My mouth pretty much dropped when I seen all this chaos about a auto-maker bailout on TV weeks ago. I can't believe it. The economy is bad, times are rough, so now everyone is going to cry bailout? Give me a break.
Take it like a man (the ceo and board) and learn how to deal with it, like every other CEO in the tons of other industries that are getting **** on right now but aren't crying for a bailout. At least they have to give up their jets, from what I've heard.
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1994 subaru svx le 112k |
#8
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Re: Thoughts on the bailout...
I did find that entertaining...
Now remember class, we only bail out people who take showers before wrk, not people who take showers after work
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.Karl. Southwest members, click here to check in!CA,NV,AZ,UT,NM,OR,CO Wanted...your busted SVX! Watch out Earl, I'm comin to getchya Return of the Pissed Platypus! X2 My dream (other than a pearlie) 1.8 SVXi and a laguna blue spoiler...somewhere I decided to quit drinking, but I didn't like it so I quit not drinking. |
#9
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Re: Thoughts on the bailout...
Hi everyone, Well the LOANS for the domestic auto makers are dead for 2008. The consensus from the guys that follow the auto business is that Chrysler is gone even if they get the loans. And its also likely that the General will hit chapter 11 after the new year. Ford has said that they will not take any money but would have liked to have had a line of credit in case it was needed. Toyota uses about 48% of the same parts suppliers as the big three, so there is no telling how a failure of the domestic auto industry would affect the imports. However if anyone thinks putting Three Million Americans on the street ,unemployed,will have little effect on what they do I think they should rethink that. My mother in law has lost about $400,000.00 in the last three or four months and I don't beleave it has hit the fan yet. Lets hope the new broom can get the counrty going again. Take care and have a great holiday, BOBB
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#10
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Re: Thoughts on the bailout...
Chryco has been gone for decades, Jeep was sort of a life jacket
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.Karl. Southwest members, click here to check in!CA,NV,AZ,UT,NM,OR,CO Wanted...your busted SVX! Watch out Earl, I'm comin to getchya Return of the Pissed Platypus! X2 My dream (other than a pearlie) 1.8 SVXi and a laguna blue spoiler...somewhere I decided to quit drinking, but I didn't like it so I quit not drinking. |
#11
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Re: Thoughts on the bailout...
The auto makers weren't part of bailout, they were in trouble and asked for a loan. They needed this because other banks weren't lending due to the economy.
Sure, if no one buys a product, the company will go out of business. That's not the issue here right now though. With the economy in the danger it's in, if Ford, Chrystler, and GM closed their doors, that's 300,000-500,000 jobs gone. What do you think that would do to the economy? I say float them for a bit, wait until this recovers a bit, then let them sink or swim. Don't make everyone suffer to prove a point to the Automakers.
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*No SVX at the moment...* 1987 Winnebago Elandan 35' 2001 Yamaha Roadstar 1600 2004 Ford Excursion Eddie Bauer, 6.0litre Power Stroke Diesel - Daily Driver. Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well-preserved body, but rather to skid in sideways, scotch in one hand, body thoroughly used up, totally worn out and screaming HOOOOYA !!!!! |
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