Should the US Government bail out the BIG THREE?
- Thread starter lovejoy
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ChefChiTown
The secret ingredient? MY BALLS
Yes, but the only reason that gold (or any other sort of currency) has any sort of "value" is because we say it does. WE are the ones who sit here and claim that gold is "worth a lot of money". WE are the ones who determine the value of a dollar. WE are the ones who make money rule the world.
Yet, WE do nothing to improve our own financial situation. We just hang on to our ancient ideals and rituals when it comes to currency and we refuse to update our use of money, which causes us to fall deeper and deeper into debt.
Will E: that quote you cited calls for investing in gold. How is that different then taking that gold nugget into 7/11 as I earlier asked? I see no difference. Gold is a fixed commodity with an ever increasing value. So what? The stock market offers a better return on investment for the average person than owning a home. Banks make more money on people bouncing checks and screwing up their finances than they do on people growing their finances. Moral of the story--act smart, reign in personal spending.
If the U.S. stops its policy of peace through war and if companies invest in America (again) and if Americans started only buying American goods...again..problems get solved.
Not enough people care about American products and people certainly don't care enough to overhaul the US Banking system.
If the U.S. stops its policy of peace through war and if companies invest in America (again) and if Americans started only buying American goods...again..problems get solved.
Not enough people care about American products and people certainly don't care enough to overhaul the US Banking system.
Zetterberg, Datsyuk, and Hossa? I think they'll be fine
Will E Worm
Conspiracy...
thanksimout
Loves the double vag
Will E you do seem to forget that gold's only value is in adornment, it is too soft of a metal to have any practical application other than jewelry ( teeth included ).
Will E Worm
Conspiracy...
Gold is a highly sought-after precious metal, having been used as money, as a store of value, in jewelry, in sculpture, and for ornamentation since the beginning of recorded history.
Gold
'Gold is the most practical commodity'
jedi007gotham
Closed Account
Congress should stop wasting my tax money ... too bad it will never happen
If the government wants to do something useful for once and actually help the auto industries there are a few things they can do:
cut taxes on domestic car companies (excluding those who only manufacture in the US)
cut back on regulations
continue to allow workers to vote via secret ballot whether to form or disband a union
too bad with 0bama and his cronies soon to be in power it will never happen
If the government wants to do something useful for once and actually help the auto industries there are a few things they can do:
cut taxes on domestic car companies (excluding those who only manufacture in the US)
cut back on regulations
continue to allow workers to vote via secret ballot whether to form or disband a union
too bad with 0bama and his cronies soon to be in power it will never happen
Ok here I am to rock you all like a hurricane.
1. All federal reserve notes are illegal productions of money.
2. The monetary system is a slavery system made to make us beleive we are working for a good reason.
3. All money pre 1929 was redeemable for gold. Money now is not redeemable for gold.
4. Gold's value only increases or decreases due to the availablitiy, quantity and demand. Money is also valued in this same way.
5. Federal Reserve Bank owns the World Bank. They control all the money that every country "borrows" from them.
6. All money is "borrowed" with intrest. All compounded interest is higher than the principle that was lent at first. This interest is the tax you pay. There is no law stating that you HAVE to pay tax. Why? Because it's a completely illegal operation and it's against the constitution.
7. The constitution is no longer in effect as the movements by the FRB have completey disregarded every single dictation in the document.
8. The FRB is only controlled by a few select men, who are part of the Illuminati, which includes the Bush family, the Clinton family, John Kerry & family, plus the Rockefellars, I.G. Farben (who produced money for the Nazis) and so forth.
9. Nazism is still alive and kicking. The Bush administration did exactly what the Nazi organization did. Maintained a forward motion of the New World Order.
10. "New World Order" has made in into mainstream wrestling, which goes to prove that the mainstream media is controlled by the Illuminati, and evidently, the FRB.
11. Money is not the answer. Power is not the answer. Equality, understanding, and care for another man is the answer. As Jimi Hendrix has said "When the power of love overcomes the love of power the world will know peace."
12. Politics are puppets. They only pass laws and make other "official" documents. Other than that all they do is vacation and sit around with their thumb up their ass.
13. The "Big 3" are more economically powerful than most countries.
How's them apples for ya?
1. All federal reserve notes are illegal productions of money.
2. The monetary system is a slavery system made to make us beleive we are working for a good reason.
3. All money pre 1929 was redeemable for gold. Money now is not redeemable for gold.
4. Gold's value only increases or decreases due to the availablitiy, quantity and demand. Money is also valued in this same way.
5. Federal Reserve Bank owns the World Bank. They control all the money that every country "borrows" from them.
6. All money is "borrowed" with intrest. All compounded interest is higher than the principle that was lent at first. This interest is the tax you pay. There is no law stating that you HAVE to pay tax. Why? Because it's a completely illegal operation and it's against the constitution.
7. The constitution is no longer in effect as the movements by the FRB have completey disregarded every single dictation in the document.
8. The FRB is only controlled by a few select men, who are part of the Illuminati, which includes the Bush family, the Clinton family, John Kerry & family, plus the Rockefellars, I.G. Farben (who produced money for the Nazis) and so forth.
9. Nazism is still alive and kicking. The Bush administration did exactly what the Nazi organization did. Maintained a forward motion of the New World Order.
10. "New World Order" has made in into mainstream wrestling, which goes to prove that the mainstream media is controlled by the Illuminati, and evidently, the FRB.
11. Money is not the answer. Power is not the answer. Equality, understanding, and care for another man is the answer. As Jimi Hendrix has said "When the power of love overcomes the love of power the world will know peace."
12. Politics are puppets. They only pass laws and make other "official" documents. Other than that all they do is vacation and sit around with their thumb up their ass.
13. The "Big 3" are more economically powerful than most countries.
How's them apples for ya?
Help bad managed companies that have over paid union workers.
Why?
Let them go under a new company will be made with workers that are not union and that are run by people who know how to manage.
I own a small business, give me a few million after I pay myself a ridiculous wage and blow it making bad decisions.
I doubt very much the government would do that for me.
It time for these companies to fold like everyone else who owns a business that can't make ends meet.
If large corporations would run their business like a small business then we would not be in this situation.
Why?
Let them go under a new company will be made with workers that are not union and that are run by people who know how to manage.
I own a small business, give me a few million after I pay myself a ridiculous wage and blow it making bad decisions.
I doubt very much the government would do that for me.
It time for these companies to fold like everyone else who owns a business that can't make ends meet.
If large corporations would run their business like a small business then we would not be in this situation.
As someone who actually lived on the east side of Detroit on Jefferson Street in 1980's and drove by Chrylser's Union Hall, I was saddened by long lines of old Chrysler automobile/UAW employees waiting in lines to collect union unemployment benefits.
It was augued then Chrylser is part of US history and can not be dismantled. But wait a second, Chrylser was sold to the German for almosts 8-9 years and returned back in control of a US investment firm. So someone is making billions and billions of dollars.
The German bought Chrysler for almosts 23-24 billion dollars and also its liability and sold it back to the US investment firm for a few billions. So the German learned a big lesson.
They took a cut and run strategy but look no further another German big company, DHL, owned by the German Government, Deutche Post (German Post Office) also cut and run and closes its entire operation in US (Wilminton, Ohio) and probably in Canada and as well as in Mexico and plan to sell its operation and planes, Hubs, depots to UPS. The end result will be 6,500 DHL employees were laid off last month and another 8,600 will be laid off before Christmas.
Corporations even run by Government are no different than private companies. They have to be accountable to its shareholders- the taxpayers !!!!!!
It was augued then Chrylser is part of US history and can not be dismantled. But wait a second, Chrylser was sold to the German for almosts 8-9 years and returned back in control of a US investment firm. So someone is making billions and billions of dollars.
The German bought Chrysler for almosts 23-24 billion dollars and also its liability and sold it back to the US investment firm for a few billions. So the German learned a big lesson.
They took a cut and run strategy but look no further another German big company, DHL, owned by the German Government, Deutche Post (German Post Office) also cut and run and closes its entire operation in US (Wilminton, Ohio) and probably in Canada and as well as in Mexico and plan to sell its operation and planes, Hubs, depots to UPS. The end result will be 6,500 DHL employees were laid off last month and another 8,600 will be laid off before Christmas.
Corporations even run by Government are no different than private companies. They have to be accountable to its shareholders- the taxpayers !!!!!!
Zetterberg, Datsyuk, and Hossa? I think they'll be fine
:rofl::rofl:Have a rep
Living in Michigan I am of course biased on bailing out the Big 3. I think their poor marketing and habit over the last 15 years as put them into this situation. However, The Big 3 employ directly over 300,000 people and many, many autosuppliers. Michigan, Ohio and many other states that have factories and or supplier ones would be devesated economically.
http://www.washingtontimes.com/news/2008/nov/14/preventing-a-pileup-the-case-for-bailing-out-the-a/
http://www.washingtontimes.com/news/2008/nov/14/preventing-a-pileup-the-case-for-bailing-out-the-a/
Facetious
Moderated
Yes and No - How about a govt loan, without all the string attached ?
I don't want the government to socialize any more than they have. The govt rarely, if ever has the correct answers, they're all about socialism
We need to keep these plants' staffing in good practice, for they may need to build tanks someday :dunno:. It's a national security measure to keep 'em plants working, IMNSHO.
I don't want the government to socialize any more than they have. The govt rarely, if ever has the correct answers, they're all about socialism
We need to keep these plants' staffing in good practice, for they may need to build tanks someday :dunno:. It's a national security measure to keep 'em plants working, IMNSHO.
Yes and No - How about a govt loan, without all the string attached ?
I don't want the government to socialize any more than they have. The govt rarely, if ever has the correct answers, they're all about socialism
We need to keep these plants' staffing in good practice, for they may need to build tanks someday :dunno:. It's a national security measure to keep 'em plants working, IMNSHO.
I would want strings attached unlike the Wall Street ones. Limits on executive pay, limited layoffs, plant improvements (Effeciency, product improvement and enviromental), access to loans to qualified buyers, improved infrastructure and cost cutting.
Facetious
Moderated
I concur with that. It just seems that ever since we went down this slippery slope of a global economy i.e. - insourcing & outsourcing, we've placed our livelihood, wages, fringe benefits etc. on some kind of reduced world standard.
I want American standards to return to the American people.
Personally, I believe that the globalism scheme is nothing more than a medium for CEOs to make a killing $$$$ for themselves on the short term while America - rank and file just hang themselves with the rope they mfged, w/out pay on the longterm. . . as the Gulfstreams taxi down the tarmac of America, never to return.
:thefinger The Executives :thefinger
Just a quick question. If I become the CEO of a company that makes products that nobody wants to buy, and my company goes bankrupt as a result, will the US government give my company a multi-billion dollar bailout and my board of directors pay me a $60 million severance package?
If the answer to that question is yes, then failure is looking better and better these days.
If the answer to that question is yes, then failure is looking better and better these days.
How many people do you employ? How important is your business to the U.S. and world economy? Are you the 5th largest and 9th largest company in the world?
I agree the Big 3 have done allot things to themselves! But consider this:
General Motors has manufacturing operations in 33 countries and sells vehicles in virtually every country in the world — more than any other automaker
In the year 2005, nearly one million Americans earned their living by building or selling GM vehicles
In 2007, GM sold 9.4 million new vehicles worldwide (so people are buying them)
I agree this is a slippery slope in bailing out companies, but my State of Michigan would be decimated by the loss of even one of the Big 3.
Will E Worm
Conspiracy...
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