Pack93z
  • Pack93z
  • Select Member Topic Starter
16 years ago
While Wall Street will fear it and react to it, I think this is a start to the correct path of addressing the root issues that this country faces, and that is living on credit and greed.

Although I am not in favor of the government basically instructing a company on what to do, we the people and government have loaned them cash in a sizable amount. Protecting an investment.

Now, if the same practices can be carried over to the financial sector.. time to start weeding companies out.. change your practices or be changed. Period.

http://www.msnbc.msn.com/id/29944834 


Obama denies bailout funds for automakers
President set to unveil the governments plan to aid autos industry

WASHINGTON - The White House says neither GM nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion what could be the final two months of two American auto giants.

President Barack Obama is sending a blunt message to Detroit automakers: To survive and win more government help they must remake themselves top to bottom. Driving home the point, the White House ousted the General Motors chairman as it rejected GM and Chryslers restructuring plans.


"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
dfosterf
16 years ago
As to the bankers. As long as Barney Frank and Maxine Waters continue to fly under the radar of America's outrage...well, gonna get political here, so I'll shut up now...
Zero2Cool
16 years ago
Is this in regard to the GM CEO being told good bye per the government's request? I thought that was harsh. I don't know if I disagree with it. If he was a good CEO he wouldn't need billions of dollars of our money to stay afloat.


Sell cars for less, damn you!
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bozz_2006
16 years ago
or make better cars.
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TOPackerFan
16 years ago

Sell cars for less, damn you!

"SlickVision" wrote:



They can't afford to sell cars for less.
Show me a good loser, I'll show you a loser - Vince
zombieslayer
16 years ago
American cars are fine. If you don't believe me, read Consumer Reports. Just don't buy lemons. EVERYONE makes bad cars.

The Japanese make the best cars, but barely better than Americans. Americans make SUPERIOR cars to Germans, yet people still are convinced Germans make better cars because they're more expensive and they think having one can get them laid or make them look cool or compensate for getting beaten up in high school or something. The British make awful cars. And the Swedes used to make better cars but they've been slipping recently.

Don't believe me. Fine. Like I said, don't take my word for it, read Consumer Reports.

I got 272k miles out of my Ford Taurus, 163 miles out of my Saturn (and it could have gotten another 50k miles, I just wanted a new car). The thing is, I both read Consumer Reports religiously and I don't drive like a d*ckhead.

OK, rant off. Pardon my French.

This is the part I don't get. American car companies wanted $35 billion, the nation gets pissed off. Banks want $700 billion and nobody says squat. Banks caused the recession. Car companies are victims of it.

$35 billion * 20 = $700 billion. Car companies wanted 1/20th of what banks want. People are fuming. How come nobody complained when the banks, which caused the recession in the first place by being CORRUPT and LYING, got $700 billion?

I'm not saying the car companies should be bailed out. I'm just calling a spade a spade. Banks caused the recession. Yet they get the big rewards.

Someone please explain this to me, how we reward greed, corruption, and lying. Is this what America has become?

I had a business once. It didn't make it. I want a million dollars from the government, Dammit!

EDIT: No, I'm not implying anyone here drives like a d*ckhead. I'm just saying if you drive safely, your Japanese or American car should get well over 100k miles. Your German car however will cost you thousands in repairs to get to that 100k miles.
My man Donald Driver
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(thanks to Pack93z for the pic)
2010 will be seen as the beginning of the new Packers dynasty. 🇹🇹 🇲🇲 🇦🇷
Trippster
16 years ago
the banks didn't cause the recession. The recession was already going before the whole bank BS. We are now into our 18th month of a recession, way before the bank stuff
"Let Your Light Shine!"
Cheesey
16 years ago
American cars are fine.
The problems is: in Japan, the management makes almost the same as the production workers. There isn't the huge gap like there is here, where a production worker makes $20 an hour, and management makes several million.
They are WAY better organized. And the greed factor is much lower. But as long as we have CEO's that can rape a company and get away with it, the problem will continue with American companies going under.
JMO
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Zero2Cool
16 years ago
I'm sure this might sound stupid, but how does a recession happen? Yeah, I'm ignorant to it all, so what. Bite me!
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Cheesey
16 years ago

I'm sure this might sound stupid, but how does a recession happen? Yeah, I'm ignorant to it all, so what. Bite me!

"SlickVision" wrote:


I'm not sure, but i think greed has alot to do with it.
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beast (14h) : That's not what your she said 😌, she said keep going 😏
Mucky Tundra (17h) : Anything over 4 hours means he needs to get to the hospital
Mucky Tundra (17h) : Someone might want to check on Hafley and make sure his erection has gone down
Zero2Cool (19h) : LaFleur texts "bleep me I cannot sit down"
Zero2Cool (19h) : YouTube has had me last hour or two lol
Mucky Tundra (20h) : Ugh this trade happened right as my shift started and it's killing me
Zero2Cool (20h) : Parsons wore 23 in high school.
Zero2Cool (20h) : Packers just cost Lions more money with Hutchinson too huh
Zero2Cool (21h) : That is fair by me.
buckeyepackfan (21h) : Kenny Clark is the player, 2 1st rnd picks
Zero2Cool (21h) : umm... what?
wpr (22h) : I am stunned
Mucky Tundra (22h) : RICKEY SCOOPS WAS RIGHT AGAIN!!!
Mucky Tundra (22h) : ITS HAPPENING
buckeyepackfan (22h) : DEAL IS DONE
buckeyepackfan (22h) : MICAH IS COMING TO GREEN BAY!!!!!!!!!
wpr (28-Aug) : Me do-ed it gooderly,
Zero2Cool (28-Aug) : Bahah, I was like WTF why isn't anyone posting on PP.com ... oops no one has permissions
dfosterf (27-Aug) : tell her I reckon
dfosterf (27-Aug) : Micah Robinson cut. Probable PS player tomorrow. Has to call mom back and t
Zero2Cool (27-Aug) : New site so much better. Might make switch and deal with it.
dfosterf (27-Aug) : Mecole Hardman to our practice squad
dfosterf (27-Aug) : Nick Nieman from Texans our 5th linebacker. Special teams signing
TheKanataThrilla (27-Aug) : Looks like we signed Clayton Tune as QB3
wpr (27-Aug) : TKT people lose their minds over QB3. Point is almost none of them are ready that's why they are on the PS and other teams don't take them.
TheKanataThrilla (27-Aug) : Unfortunately he doesn't seem ready to be an emergency QB.
TheKanataThrilla (27-Aug) : As a Canadian and a follower of Canadian University football. I am rooting for him
dfosterf (27-Aug) : I bet a lot of us will follow the Taylor Elgersma journey with interest. Personally, got a Kurt Warner vibe goin' on. I like him
TheKanataThrilla (27-Aug) : Not sure if either will be claimed though.
TheKanataThrilla (27-Aug) : Tune or Hooker would make sense
dfosterf (27-Aug) : Clayton Tune cut by the Cards? Don't know if that's the guy, we shall see
TheKanataThrilla (27-Aug) : Per Bill Huber, the Packers will not be bringing back Taylor Elgersma or Sean Clifford on the practice squad, so a new third quarterback
Mucky Tundra (27-Aug) : Schefter must have deleted his tweet
dfosterf (27-Aug) : Hopefully Jerry reaches under the seat cushions and ashtrays of his jet and scrapes up the 45 million apr and spares us further nonsense
dfosterf (27-Aug) : Have to admit the PO'd Cowboy fan videos would be fun to watch. Problem with draft picks is half their fanbase barely knows what that is
beast (27-Aug) : I think Cowboys fans are ready to get their pitch forks and burning sticks if Jerry were to trade Micah
dfosterf (27-Aug) : If Jerry traded Micah to GB, here in northern Va. they would have to quick build yet another data center to handle the internet hate traffic
Zero2Cool (27-Aug) : its signing and trades that you don't hear about, other then announced
Zero2Cool (27-Aug) : If you hear rumors about Packers sign or trade, won't happen. Not how they work
dfosterf (27-Aug) : 19 players in a contract year. Jones called loss to us worst loss in Cowboy history. Forget Parsons trade. Not happenin' Cap'n
packerfanoutwest (27-Aug) : The Packers, meanwhile, are the youngest team in the league for the third consecutive year.
dfosterf (27-Aug) : That it was darkest before the dawn in Bengals and Commanders before they got deals done
Zero2Cool (27-Aug) : what is Schefter saying?
dfosterf (27-Aug) : He was getting Dorito infusion therapy
dfosterf (27-Aug) : He's outta shape. Why, just the other day I saw him splayed out on the trainers table
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