Re: Auto bailout

On Mon, 15 Dec 2008 14:47:23 -0500, "paul" <psevin@ _sbcglobal.net> wrote:


"Steve Walker" <fusion640@xxxxxxxxxxx> wrote in message
news:7oidnfgdMceIaN7UnZ2dnUVZ_rvinZ2d@xxxxxxxxxxxxxxx
jimz wrote:
Simple.

Give a 5-8K tax credit to anyone who buys a car from
the big 3. This would actually SELL cars, help the consumers
and the auto companies at the same time.

This would work, cost far less , and
get things moving again.

But Washington does not want to take this route because there would be
nothing in it for them.

The market will crash today.
The dollar will follow.

US currency 2012 -- .22 long rifles.

God Help the USA.






The Big 3 want fast cash? Do like the old folks have to when they need
government help. Cash out your assets. How many cars on the lots? Make
them sell them at cost. Gotta be at least as much as they are asking
for. Then treat them like a new business applying for a loan. Show a
business plan that the gov. approves.




--
Steve Walker
Fusion640@xxxxxxxxxxxxxxxxx (remove wallet to reply)

The govt. has huge balls to ask the automakers to come up with a business
plan that THEY approve. When have they (the gov'.t) ever run anything
efficiently? Barney Frank & Chris Dodd are gonna tell anyone how to run a
business? Gimme a friggin break. Had they not opened up the mortgage mkt to
millions of unqualified borrowers there might be a little more credit
available to those who need it.

Yet all that repub "free money" & deficit spending was great, right?
Now pay for that credit. One way or another.

Seems to me that some of you don't realize just how dependent your
livelihoods are on a healthy US automotive industry. I sure hope that I'm
never in the position to say "I told you so".

It (not the auto industry per se) hurts those of us that save & pay cash.
--
Cliff
.

Relevant Pages

  • Re: Gartner Says 3D Printers Will Cost Less Than $2,000 By 2016
    ... dealers buy their cars on credit. ... The danger, especially when interest rates are high, is that business ... profit per sale. ...
    (rec.arts.sf.fandom)
  • Re: Increase in Trade Deficit Raises Concern
    ... People should buy American cars. ... I just wish that more people would want to buy American cars. ... Why does Japan have a viable consumer electronics maufacturing business, for example, while we build no teleisions here at all? ... mind would set up a new manufacturing business in the U.S. ...
    (misc.survivalism)
  • Re: OT Confiscatory taxation
    ... central planning and tight government control has brought the ... He worked hard, ... running a business or growing a business. ... cars, ...
    (rec.boats)