the crappy service departments at the dealers around here are not helping sales. that you can take to the government owned bank.

 

Which one? Citibank became 34% government owned this morning.

Ford or GM - in a few decades (or less) it won't really matter when the Chinese demand the US owned shares as repayment for the $Trillions we borrowed from them.

We are all in this together, comrades.

 

A friend of my wife said the GM dealership she works at is safe (for now), and we live in a small town 35 miles east of Atlanta. I guess I'm just surprised that it DIDN'T get the axe.

 

I think if Ford can weather out this economy they will be better than ever. Stronger, smarter and eventually much more lucrative. Only time will tell.

I am very proud and glad I am a Ford man. I take some serious flak for it but who gives a crap. I honestly believe they make good products and most of all the best truck in America. Yes they have problems and trouble like everyone else.If I were Ford or any other company I would rather shut the doors than take gov money. Either I run the show or I don't have a show to run. My opinion.

 

Here, here. Sad that our children will be responsible for paying back much of that. Oh, the times we live in ... - Og

 

This economy and the loss of jobs was in a free fall long before Obama became President... Hence the near trillion-dollar bailout that was approved in October 2008.

This crap didn't happen overnight- unfortunately, it won't be fixed overnight. it takes time, a lot of effort, and equipment cooperation to pull out of a dive... That, or some good speed brakes. We don't seem to have either at this point.

As individuals, all we can do is work hard, and hope the corporate axe (layoffs, outsourcing)doesn't fall on us.

My brother in law works offshore, and he told me they are being laid off too. The one sector of the economy I thought was safe was energy- but it seems not. He said his rig hasn't been ordered to drill or pump any oil in the last 4 months.

 

It's so bad, our children won't be able to pay it back. Their children will be cursing us, too.

Besides stock in our companies, our country still does have other assets we can use to pay the Chinese. Government owned land comes to mind.

In a few years it will be up to the Chinese government to decide which they want to be repayed with - our inflated dollars, stock in our government controlled companies, or our land. They can demand for us to sell them our technology, too. Whatever they decide, we will have to play along and try to stay on their good side.

 

All true, and good advice.

On the plus side for your your brotoher in law, oil prices have climbed strongly over the last 3 months, so he may be pumping again soon. However, some are saying that the increase in oil price is more reflective of a pending wave of inflation, and not really an indication of increasing demand due to economic recovery. We will see.

In any event, future taxes on energy are likely to curb demand in the US, and leave consumers with less spending money.

 

DBD, by we you mean the Government, which we are apparently not a part of. We the people didn't want these bailouts.

 

Breaking News: Chinese buy Hummer from Government Motors.

Looks like things are playing out even faster than I expected. Wonder how long this deal has been in the works.

http://www.cnbc.com/id/31065937

BTW, the same Chinse company already owns MG and Rover, according to the article.

 

IIRC wasn't GM a while back (pre bailout) supposed to start selling some Chinese made vehicles? Something is fishy here.

 

GM has been in bed with China for a minute...

It's like the ugly girl with the nice body. You'll be with her, but you don't want you're friends to know about it... Then she gets pregnant- and you can't hide her anymore...

Remember how "pissed" GM was about the Chery brand in China, only to find out later on that GM was working with Chery to bring economy cars to the USA.

 

Write your congressman


Seriously, there are lots of people who vehemently oppose the Federal government's massive increase in spending to get us out of a crisis caused by too much government control and spending.

As the economic pain increases over the next few years, look for more and more people to oppose the government. If the government responds by increased gun control, restrictions on free speech via talk radio and the internet...Watch out.

 

Ford is iconic with the U.S.A. just like McDonald's and Coca Cola. GM and Chrysler, yeah, their some what iconic but not like Ford. For that reason alone I don't believe Ford would go down unless the U.S went down which I don't see happening.

I also believe that most Americans believe that Ford is weathering the storm and many of them will give their business to them for that reason alone. Now once the Media starts flappin' their gums about Ford and going out of business or this and that, well then we have a whole 'nother ballgame. On the other hand, if the clowns in the media start reporting positive of Ford, then they would flourish like flowers in the spring!

All in all I believe the position that Ford has taken will be beneficial to them in the long run.

Call me naive, out of touch, unrealistic, out in lefty field, but just don't call me late for dinner. My .02

 

Better yet vote him out!