Is this the future of the Auto industry in America?

Discussion in 'Blazers OT Forum' started by Blaze01, Jun 1, 2009.

  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Did you know about them before I posted the link?

    I posted a thread many months ago about how the govt. could trivially get 20M-80M of those kinds of cars on the road for the cost of T. Boone Pickens' tilting at windmill plan. The plan I offered included building 150 or more Nuclear power plants to give us plentiful cheap power for all out needs, transportation and internet and lights and the washer/dryer...
     
  2. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    I think you'd be pretty horrified if Nader did like what Obama was doing.

    barfo
     
  3. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Moore doesn't like what Obama's doing. I don't think it's communist like many accuse him of being, I think it's outright fascist. That explains why even the leftmost of the nutjob lefties don't like what's going on.
     
  4. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Nationalizing a bankrupt car company is outright fascism? That's outright silly.

    If Obama was following either Nader or Moore's prescription, wouldn't you be even less happy with it?

    barfo
     
  5. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Fascism featured rigid control of industry and playing favorites with businessmen of the govt.'s choosing, if not outright nationalization and state ownership of heavy industry.

    http://en.wikipedia.org/wiki/Fascis...C_national_socialism_and_national_syndicalism

    Fascism comprises a radical and authoritarian nationalist political ideology[1][2][3][4] and a corporatist economic ideology.[5] Fascists advocate the creation of a single-party state.[6] Fascists believe that nations and/or races are in perpetual conflict whereby only the strong can survive by being healthy, vital, and by asserting themselves in combat against the weak.[7] Fascist governments forbid and suppress criticism and opposition to the government and the fascist movement.[8] Fascism opposes class conflict, blames capitalist liberal democracies for its creation and communists for exploiting the concept.[9] In the economic sphere, many fascist leaders have claimed to support a "Third Way" in economic policy, which they believed superior to both the rampant individualism of unrestrained capitalism and the severe control of state communism.[10][11] This was to be achieved by a form of government control over business and labor (called "the corporate state" by Mussolini)
     
    Last edited: Jun 1, 2009
  6. maxiep

    maxiep RIP Dr. Jack

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    Prove that auto emissions "destroy [our] kids' planet". If you are concerned about greenhouse gases, you should worry more about methane emissions from bovine flatulence more than cars.
     
  7. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Yah. Show me the rigid control of industry and playing favorites. Bailing out *failed* businesses doesn't count. Show me some prosperous businesses that got nationalized, and I'll think you might have a point.

    barfo
     
  8. maxiep

    maxiep RIP Dr. Jack

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    GM, the new People's Car. Let's get Detroit some Fahrvergnügen!
     
  9. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Owning banks or stocks in banks (most of which are profitable), ordering salary levels fixed at the president of the USA's whim, firing the CEO of GM, etc.

    And AIG is owned by the govt. and was profitable (to answer your challenge):

    http://finance.yahoo.com/q/ks?s=AIG

    $16.82B revenue TTM
    $11.1B GROSS PROFIT TTM
    $102B cash on hand
     
  10. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Wasn't that congress?

    GM was profitable too. And then it became insolvent, as did AIG. You aren't seriously going to claim that AIG was just fine and the government bailout was some sort of a Bush administration plot?

    You know that gross profit isn't net income, right?

    barfo
     
  11. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    You asked for a profitable business, and I found you the obvious one.

    And you realize that net income isn't the same thing as cash flow, right?
     
  12. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    No, I asked for a prosperous business, not one with a positive gross profit. Big difference.

    And yes, I do realize the difference; however AIG's cash flow and net income are both negatives.

    barfo
     
  13. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    AIG has been used as a conduit to funnel $100B or more into the coffers of Goldman Sachs and Citigroup. Goldman Sachs would be where Geitner came from (as well as NJ Governor and former senator Jon Corzine), and Citi is where Clinton Fed Chairman Robert Rubin hangs out (or did). Dollar figures that pale in comparison to any that was paid to, say, Halliburton. Favoritism.

    AIG's problem is they had to write off $80B in bad loans due to all the foreclosures you might have read about.
     
  14. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    The trouble with that theory is that if you replace Goldman and Citi with any other big banks, you could find the same sort of connections. The governor of New Jersey? And a Clinton appointee? Those aren't exactly smoking gun connections.

    So, the play was enjoyable, Mrs. Lincoln?

    barfo
     
  15. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    Grandma and Grandpa aren't smuggling heroin. Grandma makes the best and most popular cookies in town, and people pay a premium for eating them. That doesn't make them vile and evil. [/quote]

    Why the Japanese and not the EU? And what about the whole "keeping stimulus money in America" thing?

    It's absolutely nothing like that. What makes buying companies an executive action?

    http://archives.cnn.com/2002/ALLPOLITICS/10/11/iraq.us/ 77-23 in the Senate
    http://www.cbsnews.com/stories/2002/10/03/attack/main524191.shtml 296-133 in the House

    The majority of Congress voted for the Iraq Resolution. If the majority of Congress voted to buy GM? I wouldn't have much to say, other than do what I can to try to not have the same people elected again.
     
  16. boatsandstars

    boatsandstars Lilywhite.

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    "Waaah, I want to drive a stupid car that is illogical and bad for the earth, but I wanna *foot stamp* and you can't tell me no or i'll hold my breath."
     
  17. boatsandstars

    boatsandstars Lilywhite.

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    Maybe he should care about both. Maybe you shouldn't try to destroy his freedom by telling him what to care about. Maybe you should quit trying to look smarter than you are. Messageboard Superstar. Good job, you win.
     
  18. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    I want my govt. potatoes they hand out at the warehouse 30 miles away on Tuesdays, but only if you get there early enough to be near the front of the line before they run out.

    Waaah.
     
  19. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Odd news today.

    GM found a buyer for the Hummer product line. You'd think there'd be no market for such massive gas guzzling beasts and that Hummer would be the last asset GM would be able to sell (vs. the first).

    Saved 3,000 jobs, too.

    woot
     
  20. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    300M people in US. Potentially new landscape in emissions legislature.

    ~3B people in India and China, on much less infrastructure and no one cares about emissions, pollution, etc. I'm not saying every one of those 3B has the ability to buy a Hummer, but then again, not a whole lot can here, either.

    Boatsandstars, you think we should worry about bovine flatulence? Or Chinese coal burning? Or Indian sewage treatment? By all means, though, continue thinking that the US government should regulate more and more of your personal choices for some utopian progressive ideal. It's your right as a citizen. Until you let it not be your right, which is what you're advocating that MessageBoard superstar do. Sounds hypocritical to me. (Or is that "hypercritical"?)
     

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