Should Bush help the automakers?

[6SpeedTA95]

Originally Posted by TheScatman

and to think he cosniders himself a fucking economic conservative. ronald reagan would have told them to get teh fuck out and stop asking for a bailout

Didn't reagan bailout chrysler or was that ball moving from the Carter admin

[TheScatman]

Originally Posted by 6SpeedTA95

Didn't reagan bailout chrysler or was that ball moving from the Carter admin

judging by his rhetoric I would be surpised, but knowing Washington politics I wouldnt be surpised. I guess the free market and liberty dont have their own PAC

[Stylerod]

Originally Posted by Rouger2

I think that the American auto companies long ago should have started making fuel efficient cars, but they have always stuck with their gas guzzlers.

All American auto makers have plenty of fuel efficient cars in their stock. But people bought more of the larger mini van and SUV type cars so that is what they mostly catered to.

[6SpeedTA95]

Originally Posted by Stylerod

All American auto makers have plenty of fuel efficient cars in their stock. But people bought more of the larger mini van and SUV type cars so that is what they mostly catered to.

That and their low end cars are complete shit...compare a 2002 cavalier to a 2002 civic

[Stylerod]

Originally Posted by 6SpeedTA95

That and their low end cars are complete shit...compare a 2002 cavalier to a 2002 civic

No doubt. They didn't spend the time/money on developing great low end cars like they probably should have. But my mom had a Ford Escort that had 120k on it and she never had a major problem. That being said she traded it in on a Toyota RAV4

[6SpeedTA95]

Originally Posted by Stylerod

No doubt. They didn't spend the time/money on developing great low end cars like they probably should have. But my mom had a Ford Escort that had 120k on it and she never had a major problem. That being said she traded it in on a Toyota RAV4

Yeah they run fairly well but the build quality is atrocious and the interiors fall apart faster than I can eat a twinkie.

[Diesel66]

GM is profitable already. Ford's car sells are rising.

Only thing they might need from the govt is help on breaking the old contracts.

[Rouger2]

It is a matter of unfair trade. When a country has a huge trade deficit with a country it's currency is suppose to lose value so its goods will be competitive. If a country has a big trade surplus it's currency is suppose to gain in value, that way trade evens out. It is a law of free trade, but it doesn't happen. Asian countries like China and Japan will not raise the value of their currency, and it allows them to have an advantage in trade. We played by the rules and gained a giant trade disadvantage, but we will not really lower the value of our currancy either. Japanese Autos should cost us three times what they sell for. Now though to put currancy's levels where they should be would be to disruptive of the world economy. They have refused to do for so long that its to late. They could start now and slowly put them at the level they should be though.

Originally Posted by KatKanPlay

I do not approve of corporate welfare. They should have seen this coming.

[6SpeedTA95]

Originally Posted by Rouger2

It is a matter of unfair trade. When a country has a huge trade deficit with a country it's currency is suppose to lose value so its goods will be competitive. If a country has a big trade surplus it's currency is suppose to gain in value, that way trade evens out. It is a law of free trade, but it doesn't happen. Asian countries like China and Japan will not raise the value of their currency, and it allows them to have an advantage in trade. We played by the rules and gained a giant trade disadvantage, but we will not really lower the value of our currancy either. Japanese Autos should cost us three times what they sell for. Now though to put currancy's levels where they should be would be to disruptive of the world economy. They have refused to do for so long that its to late. They could start now and slowly put them at the level they should be though.

There's a WHOLE LOT more to currency valuation than trade deficits.

And please tell me where this Japanese autos should cost 3x bullshit came from?

[Rouger2]

The Japenese have a huge trade surplus with us so their currancy should be valued much higher but they and the US keep propping up our currancy. That was suppose be the law of free trade big surplus high valued currancy and big deficit low valued currancy. They are trying to devalue our currancy but the US Politicians are afraid of the back lash of the american people when they find out we are living on credit and we end up in a depresion and also world trade would go in the hole. Trade deficits are IOUs that have to be paid by selling our debt, yea Asians are are bankers, and selling our assests life tire companies, land, etc. We are like some stupid businessman selling his factories, land and machines and thinking he is making a profit.

[6SpeedTA95]

So you pulled the 3x number out of thin air basically?

[Rouger2]

Yes you caught me. I was trying to stop someone in his tracks and get a responce. Worked.

[6SpeedTA95]

Originally Posted by Rouger2

Yes you caught me. I was trying to stop someone in his tracks and get a responce. Worked.

At least you admit it