Thread: Dodd Says Auto Bailout Lacks Votes in Senate

Originally Posted by Stinger

Arragh, I was changing the verbage and got interrupted and then posted it.

But I think, as you demonstrated the message was clear.

I was just at the B2B meetings for our new ThyseenKrupt steel plant going in here, the largest project in the country. 30,000 construction jobs at peak sometime next year then 3,000 plant jobs. Feeding the car industry including the new KIA plant going in at the GA/AL stateline and all the ancillary plants that feed them. We've done it through tax breaks and training assitance and infrastruct assistenc. REAL investment of taxpayer dollars. AND non-union. The workers down here don't want anything to dow with them anymore.

Stinger on ignore and he knows it!

Originally Posted by anonnymous

Exactly!! Hell!! they act like there will be no auto industry if the are allowed to fail. Truth be known, the vacume will be filled quick with more competative companies with opportunies for growth.

At the last meeting of the AAMA, Alabama Automobile Mfg Assoc, one of the automobile magazine guys spoke and talked how much Ford had lost the last few years but Toyota picked that up and more. The new KIA plant is going to be one of the largest in the world they are going to take market share and most of it will come from the big three.

This is NOT about the worker, it is about the unions. The Dems are trying to save their union base, forcing the taxpayer to pay for it. They need to go bankrupt reorganize, get out of the current union contracts if not unions altogether and then compete with a smaller strong line.

It is outrageous that the Government would involve itself in free trade like this favor one group of citizens over another.

The American public has spoken it's views on the Big Three automakers.

If the American people wanted their money spent supporting those archaic dinosaurs, they would have bought the cars produced by them.

Why should people who have already decided to not send their money to Ford or GM be required to do so merely because enough other people agreed with them that those companies are facing (gasp!) negative quarters?

The market says one thing: if a company can't cut it on it's own merits, it will and should die.

Originally Posted by Freedom for All

The American public has spoken it's views on the Big Three automakers.

If the American people wanted their money spent supporting those archaic dinosaurs, they would have bought the cars produced by them.

Exactly, if congress wants to do something they can pass a resolution saying "Buy American" and then let the people decide.

I personally have to agree with FFA and Stinger on this; propping them up is quite useless in the long run since the United States is kinda failing when it comes to industrial manufacturing regardless of the recession.

Originally Posted by Ausinus

I personally have to agree with FFA and Stinger on this; propping them up is quite useless in the long run since the United States is kinda failing when it comes to industrial manufacturing regardless of the recession.

That's the point. We're not failing, especially compared to the rest of the world. We are shifting how we manufacture and where we manufacture. The cars being built in the South are world class and provide the consumer with what they want. Heck Hyundai will have a 260 hp V6 that gets 29 MPG out soon. It's been a partnership between business and government down here. We are business and manufacturing friendly down here. And it pays off.

Originally Posted by Stinger

Good, it pitted the auto industry in the South against the auto Industry in the north. The non-union shops are inherently less efficient and big three have failed to produce cars the public wants to purchase at the price they must charge to cover the cost of the elaborate union benefits. The congress has no business forcing workers in the South to subsidize or guaranty those benefits to those workers or the cost of modernizing or improving the companies they compete against.

I think Congress are on to these guys. Bailouts ( our tax dollars ) to shore up bloated union contracts. The same contracts that help force these auto makers into bankruptcy.

Unions are a turn of the Century concept that used to protect workers from dangerous conditions and greedy employers. Now that greed has made it's way down to the work force and major industries just can't afford it to carry the weight of these unrealistic union expectations. Let GM go south. Failure is a reality of capitalism...well it used to be.

Originally Posted by Stinger

That's the point. We're not failing, especially compared to the rest of the world. We are shifting how we manufacture and where we manufacture. The cars being built in the South are world class and provide the consumer with what they want. Heck Hyundai will have a 260 hp V6 that gets 29 MPG out soon. It's been a partnership between business and government down here. We are business and manufacturing friendly down here. And it pays off.

The cars being built in the South are a piece of shit; foreign cars are far superior. The US is losing the automobile market and as globalization continues the US auto industry will pretty much tank and the focus will be on East Asia and Europe.

Originally Posted by Ausinus

The cars being built in the South are a piece of shit; foreign cars are far superior. The US is losing the automobile market and as globalization continues the US auto industry will pretty much tank and the focus will be on East Asia and Europe.

Yes, clearly the upper management echelons of Kia and Toyota and BMW are deliberately fostering the production of deficient quality automobiles from the American factories to undermine their market share in America and restore the demand for automobiles that are truly "foreign built".

Of course, that doesn't make any sense, but I'm sure you were nodding your head in agreement until you read this sentence.

Originally Posted by Freedom for All

Yes, clearly the upper management echelons of Kia and Toyota and BMW are deliberately fostering the production of deficient quality automobiles from the American factories to undermine their market share in America and restore the demand for automobiles that are truly "foreign built".

Of course, that doesn't make any sense, but I'm sure you were nodding your head in agreement until you read this sentence.

Uh no, I was like "wtf mate". My analysis of the situation is that the United States will be unable to compete with the manufacturing capabilities possessed by foreign auto-makers, also noting that American Cars are built for a different age.