Article

2008-11-17 Home Front Economy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by tipper 2008-11-17 13:04|| || Front Page|| [11130 views ] Top

#1 You know, I used to own an Olds Delta 1972---a grand car. The guy who sold it to me said that I'm getting "one of the last American cars".

Posted by g(r)omgoru 2008-11-17 13:21|| 2008-11-17 13:21|| Front Page Top

#2 Restructure under bankruptsy rules or die. A bailout is nothing short of deckchair rearrangement. The ship is still going down.

Posted by Besoeker 2008-11-17 14:12|| 2008-11-17 14:12|| Front Page Top

#3 We required the steel industry and the airlines industry to restructure. The auto industry shouldn't be any different.

Posted by Steve White 2008-11-17 14:24|| 2008-11-17 14:24|| Front Page Top

#4 Problem is the Dems won't let the companies restructure the "real problem" and ditch the UAW contracts. Foreign manufacturers build wonderful cars profitably in their US NON_UNION plants. No amount of money or corporate restructuring can erase the competitive disadvantage posed by the UAW.

Posted by RWV 2008-11-17 16:44|| 2008-11-17 16:44|| Front Page Top

#5 "We got to protect our Phoney-Bloney Jobs!"

-- Democratic congress.

Heard talk in Fox this morning that they may not get this at this time - but they will in February when the donks control everything. Of course by then the MSM would have fanned it into a national crisis unless they _are_ bailed out.

Posted by CrazyFool 2008-11-17 18:29|| 2008-11-17 18:29|| Front Page Top

#6 It is the UAW's demands that have not kept them competitive & at the crux of their debt. They say they need the bailout $$$ from the average taxpayers who earn $15 an hour to pay health benefits to retirees who have been making $75 an hour plus the hefty benefit packages. Accountability and transparency will not be forthcoming, either, I suspect.

Posted by Thealing Borgia 122 2008-11-17 20:00|| 2008-11-17 20:00|| Front Page Top

#7 It is the UAW's demands that have not kept them competitive & at the crux of their debt. They say they need the bailout $$$ from the average taxpayers who earn $15 an hour to pay health benefits to retirees who have been making $75 an hour plus the hefty benefit packages. Accountability and transparency will not be forthcoming, either, I suspect.

Posted by Thealing Borgia 122 2008-11-17 20:02|| 2008-11-17 20:02|| Front Page Top

#8 Post-bailout....The "next look" for Detroit. Sure to please the savy consumer. Pictured is the "Party Red" two door coupe Obamobile.

Posted by Besoeker 2008-11-17 20:11|| 2008-11-17 20:11|| Front Page Top

#9 Hard to beat REDDIT > 86% OF AIG BAILOUT WENT TO EXPENSIVE PARTIES, DRINKS.

Clearly AIG CEO's missed the SUBWAY "5-5-5" DEAL this month, didn't we!?

* CNN + FOX > CITIGROUP TO LAY OFF ANOTHER 53,000 WORKERS.

Posted by JosephMendiola 2008-11-17 20:55|| 2008-11-17 20:55|| Front Page Top

23:44 Verlaine
23:34 Verlaine
23:21 Verlaine
22:48 JosephMendiola
22:38 JosephMendiola
22:31 JosephMendiola
22:28 Scott R
22:18 JosephMendiola
22:04 JosephMendiola
21:47 Pappy
21:43 Frank G
21:40 OldSpook
21:39 JosephMendiola
21:37 OldSpook
21:30 JosephMendiola
21:27 Mullah Richard
21:21 Rupert Clique5059
21:18 phil_b
21:17 Rupert Clique5059
21:10 SR-71
21:08 JosephMendiola
21:06 JosephMendiola
21:01 Jolutch Mussolini7800
20:56 Jeremiah Thaise1218