Fords Benefited From The Depression
FORD IS NOW THE MAIN U.S AUTOMOBILE COMPANY: The slow methodical approach Ford has taken is working. In the fall Ford will have a car that no on other company has. A family size sedan that gets the same gas milage as an economy car. Fords hasnt been the leading American company since the 1920's when Gm challenged the model T.
THE BANKERS ARE SUCH HIPOCRATES. Can you imgine changing the terms of your loan after you got the money. And telling the bank you dont like the terms and want to cut the interest rates. Sounds crazy? Well that is exactly what the banks want the Federal government to do. They want to pay back their loans with out honoring the stock warrents that they gave the government for bailing them out. Those people live in a much differnt world.
BUTCH WAGONER BELONGS IN JAIL: Gm's former chairmen Butch "Dog Face" Wagoner lied to investors and viiolated SEC regulatins about Gm's condition. He did it to save his job and not the company. He certainly dosent deserve severance pay. He should be going to jail.
GM'S FUTURE: The government owning Gm is a good idea. It should be nationalized in the begining to make sure its run correctly. The key to turning it around is getting the right management team in place. And the government must own Gm to insure that it happens. A good thing the government did is to force the auto companies to become greener and more fuel efficent. Wagoner's decesion to concentrate on SUVS instead of fuel efficent cars was the final blow that tko'd the company.
OBAMAS STIMULUS PACKAGE IS RESPONSIBLE FOR THE STOCK MARKET RALLY: It is a good stimulus package but its like a battery getting jumped. Its not a perment fix. Rebuilding the manufacturing base and the automile companies is the permenant solution.
THE BANKERS ARE SUCH HIPOCRATES. Can you imgine changing the terms of your loan after you got the money. And telling the bank you dont like the terms and want to cut the interest rates. Sounds crazy? Well that is exactly what the banks want the Federal government to do. They want to pay back their loans with out honoring the stock warrents that they gave the government for bailing them out. Those people live in a much differnt world.
BUTCH WAGONER BELONGS IN JAIL: Gm's former chairmen Butch "Dog Face" Wagoner lied to investors and viiolated SEC regulatins about Gm's condition. He did it to save his job and not the company. He certainly dosent deserve severance pay. He should be going to jail.
GM'S FUTURE: The government owning Gm is a good idea. It should be nationalized in the begining to make sure its run correctly. The key to turning it around is getting the right management team in place. And the government must own Gm to insure that it happens. A good thing the government did is to force the auto companies to become greener and more fuel efficent. Wagoner's decesion to concentrate on SUVS instead of fuel efficent cars was the final blow that tko'd the company.
OBAMAS STIMULUS PACKAGE IS RESPONSIBLE FOR THE STOCK MARKET RALLY: It is a good stimulus package but its like a battery getting jumped. Its not a perment fix. Rebuilding the manufacturing base and the automile companies is the permenant solution.
posted by thedetroittimes at 5:17 PM
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