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)
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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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Fan Shout
dfosterf (1h) : Apparently it is too complicated for several to follow your simple instructions, but I digress
dfosterf (1h) : Zero- Did you see what I posted about Voice of Reason and his wife? She posted over at fleaflicker that they are both "In"
Zero2Cool (7-Aug) : Well, not crazy, it makes sense. Crazy I didn't notice/find it earlier
Zero2Cool (7-Aug) : it's crazy how one stored procedure to get data bogged everything down for speed here
dfosterf (7-Aug) : to herd cats or goldfish without a bowl. They reminded me of the annual assembly of our fantasy league
dfosterf (7-Aug) : out on a field trip, outfitting them with little yellow smocks. Most of the little folk were well behaved, but several were like trying
dfosterf (7-Aug) : Yesterday my wife and I spent the afternoon on the waterfront here in Alexandria, Va. A daycare company took about 15 three/four year olds
wpr (7-Aug) : seems faster. yay
dfosterf (7-Aug) : Wife of reason posted on the in/out thread on fleaflicker that both she and vor are in
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Mucky Tundra (7-Aug) : Tbh, I can never tell the difference in speed unless it's completely shitting the bed
Zero2Cool (7-Aug) : Sure does feel like site is more snappy
Zero2Cool (6-Aug) : I thought that was the Lions OL
Mucky Tundra (6-Aug) : Travis Glover placed on IR; seasons over for him
Zero2Cool (6-Aug) : found bad sql in database, maybe site faster now?
dfosterf (5-Aug) : I'm going to call that a good move.
Zero2Cool (4-Aug) : Packers sign CB Corey Ballentine
Zero2Cool (4-Aug) : I'm not sure how to kill the draft order just yet so it's not so confusing.
Mucky Tundra (4-Aug) : *to be able
Mucky Tundra (4-Aug) : and because it's not a dynasty league (which makes a lot more sense to be ability to trade picks)
Mucky Tundra (4-Aug) : Oh I know; I was just exploring and it blew my mind that you could trade picks because of the whole reordering thing
Mucky Tundra (4-Aug) : Zero, I think I preferred my offer: your 1st for my 15th rounder
Zero2Cool (4-Aug) : Keep in mind, we do a draft reorder once all members locked in
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Mucky Tundra (4-Aug) : Hey i didn't know we could trade picks in fantasy
Mucky Tundra (3-Aug) : Update: Rock has tried a cheese curd, promises it's not his last
Zero2Cool (3-Aug) : watch it!! lol
Mucky Tundra (3-Aug) : you're right, we never did leave, the site just went down :P
Mucky Tundra (3-Aug) : Rock claims to have never eaten a cheese curd
Zero2Cool (3-Aug) : We did not leave.
Mucky Tundra (3-Aug) : Family Night! WE ARE SO BACK!
Mucky Tundra (2-Aug) : To this day, I'm still miffed about his 4 TD game against Dallas on Thanksgiving going to waste
Martha Careful (2-Aug) : Congratulations Sterling Sharpe. He was terrific and I loved watching him play.
beast (2-Aug) : I believe it's technically against the CBA rules, but Jerry just calls it a simple unofficial chat... and somehow gets away with it.
beast (2-Aug) : Jerry Jones is infamous for ̶n̶e̶g̶o̶t̶i̶a̶t̶i̶n̶g̶ chatting with players one on one... and going around the agent.
Mucky Tundra (1-Aug) : Oo just saw a blurb saying that Dallas negotiated directly with Parsons and not through his agent
Mucky Tundra (1-Aug) : I assumed that both guys will get paid, just a matter of when or how we get there
Zero2Cool (1-Aug) : McLaurin nor Micah going anywhere. They will get money
Mucky Tundra (1-Aug) : the Synder years or do they take care of one of their own?
Mucky Tundra (1-Aug) : Do the Commanders risk losing a top WR with an emerging QB just because he's turning 30 and potentially risk damaging the rebuild from
Mucky Tundra (1-Aug) : Turns 30 this September, plays at a high level and Washington has some cap space I believe
Mucky Tundra (1-Aug) : More interesting is Washington with Terry McLaurin
Mucky Tundra (1-Aug) : I would imagine Dallas will resolve this issue with a truckload of money
Zero2Cool (1-Aug) : Micah pulling a Myles with trade request
beast (1-Aug) : Packers should make some cheese forks
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Zero2Cool (31-Jul) : CUT HIM
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