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Old 05-01-2009, 11:59 AM   #16
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Default Re: chrysler bankrupted

Quote:
Originally Posted by MarloStanfield
they made sh*tty cars.

And unfortunately will continue to do so.
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Old 05-01-2009, 12:02 PM   #17
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Default Re: chrysler bankrupted

Quote:
Originally Posted by boozehound
yeah, lets all get our panties in a twist about helping out an industry that actually produces material goods and provide employment around the country but say nothing about giving over a trillion dollars to a bunch of financiers who make nothing but little 101110111 that =$ and give very little in terms of US employment. with no oversight or control of how its spent. WTF.

Pipe down with the rhetoric and purposeful misdirection. The only one who has a "say-nothing-about" attitude, is you. You can't even mention Obama's name when talking about the wasted trillions of dollars you had referred to. Of course I am not happy about where most of the bailout money has been directed, but this topic is about the Chrysler specific portion of that blunder.
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Old 05-01-2009, 12:06 PM   #18
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Default Re: chrysler bankrupted

Quote:
Originally Posted by boozehound
ive never seen you complain about the 40% of all taxes that go to a bloated DoD budget. but somehow another 8 bil (how many outdated stealth jets is that? 4?) to a major manufacturer in this country is the worst thing ever.

Smoke screen...distraction....misdirection


*yawn*
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Old 05-01-2009, 12:23 PM   #19
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Default Re: chrysler bankrupted

Quote:
Originally Posted by boozehound
good post. look at the world power of spain and its long slow collapse into one of the worst economies in Europe. Its due, primarily, to basically serving as a nation of financiers (gold and other materials from new world colonies came flowing back at such a huge rate) that collapsed upon itself.

I know you love your Iberian Peninsula history. I do too though Most interesting history in the Western world.
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Old 05-01-2009, 01:31 PM   #20
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Default Re: chrysler bankrupted

Really? Comparing the United States economy to the Spanish economy 500 years ago? I think that's stretching it a little.
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Old 05-01-2009, 01:35 PM   #21
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Default Re: chrysler bankrupted

I saw Obama on the news "This is not a sign of weakness, but of power"

LOL!
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Old 05-01-2009, 01:56 PM   #22
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Default Re: chrysler bankrupted

That's where we're heading if we don't have more people become producers. Businessmen are useless without the workers. A working society is useless without workers. Trades are what holds a country together. Just look at China and India. They're thriving right now because they have the workers, and all the businessmen that live on the workers are flocking like birds over there to get a piece of the action.
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Old 05-01-2009, 02:02 PM   #23
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Default Re: chrysler bankrupted

Quote:
Originally Posted by gencbiba
That's where we're heading if we don't have more people become producers. Businessmen are useless without the workers. A working society is useless without workers. Trades are what holds a country together. Just look at China and India. They're thriving right now because they have the workers, and all the businessmen that live on the workers are flocking like birds over there to get a piece of the action.
Its a natural progression for developed nations with higher human capital per capita to transform from a manufacturing to a service based economy. Comparative advantage (while not a perfect concept) would dictate that countries with high amounts of un-skilled labor (China, India) will focus more on un-skilled labor-intensive production (which is often manufacturing.) They were thriving (before the crisis) partially because they are realizing the potential that they always possessed. Many economic historians also believe that its much easier for poor countries to "catch up" to developed nations, which is what China/India are doing.
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Old 05-01-2009, 02:09 PM   #24
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Default Re: chrysler bankrupted

When prices drop, I'ma buy a Challenger

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Old 05-01-2009, 02:23 PM   #25
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Default Re: chrysler bankrupted

Quote:
Originally Posted by Back In Shape
Pipe down with the rhetoric and purposeful misdirection. The only one who has a "say-nothing-about" attitude, is you. You can't even mention Obama's name when talking about the wasted trillions of dollars you had referred to. Of course I am not happy about where most of the bailout money has been directed, but this topic is about the Chrysler specific portion of that blunder.
first off, why would I mention obama when most of the financial system bailout was under the previous administration. My point is simply this. I see a huge amount of ire (somewhat justified) directed towards the auto industry fro 30 bil they got in exchange for massive concessions and restructuring. I hear almost nothing about the trillion given to the financiers with absolutely no concessions or restructuring. So, whos misdirecting the attention from the bigger issue/problem? You must be a giant tool box
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Old 05-01-2009, 02:25 PM   #26
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Default Re: chrysler bankrupted

Quote:
Originally Posted by vapid
Really? Comparing the United States economy to the Spanish economy 500 years ago? I think that's stretching it a little.
then you dont know your history. you can make it sound like the development of a service based economy is some aspect of the inevitable progress of man, but in reality it creates a crippling state of dependence and inflation.
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Old 05-01-2009, 02:30 PM   #27
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Default Re: chrysler bankrupted

Boozehound, it's true that your American financers screwed up, but I also think you are underestimating their value.
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Old 05-01-2009, 02:31 PM   #28
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Default Re: chrysler bankrupted

Quote:
Originally Posted by boozehound
then you dont know your history. you can make it sound like the development of a service based economy is some aspect of the inevitable progress of man, but in reality it creates a crippling state of dependence and inflation.
Well I think the world is opening in ways that will make it extremely difficult to ever return to the protectionism of the early 20th century. The United States isn't the only economy that is dependent in some ways to other regions in the world. China's domestic market still has a long ways to go before it can create enough demand to substitute for the international market. I still would like to know how you can draw anything more than rough comparisons between the US economy now and the Spanish economy in the 1500s, or any economy pre-Industrial Revolution.
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Old 05-01-2009, 02:47 PM   #29
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Default Re: chrysler bankrupted

Quote:
Originally Posted by boozehound
first off, why would I mention obama when most of the financial system bailout was under the previous administration. My point is simply this. I see a huge amount of ire (somewhat justified) directed towards the auto industry fro 30 bil they got in exchange for massive concessions and restructuring. I hear almost nothing about the trillion given to the financiers with absolutely no concessions or restructuring. So, whos misdirecting the attention from the bigger issue/problem? You must be a giant tool box

Which Obama voted in favor of...
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Old 05-01-2009, 02:50 PM   #30
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Default Re: chrysler bankrupted

Quote:
Originally Posted by boozehound
yeah, lets all get our panties in a twist about helping out an industry that actually produces material goods and provide employment around the country but say nothing about giving over a trillion dollars to a bunch of financiers who make nothing but little 101110111 that =$ and give very little in terms of US employment. with no oversight or control of how its spent. WTF.

Great post
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