Posted on 11/12/2008 11:41:02 AM PST by foutsc
So the Big Three are asking for a government handout... You should write your representatives and ask them this question: If you want to get mad, go read this WSJ article about how GM pays people to not work. Speaker Pelosi is worried about excessive executive pay when she should be focusing on excessive executive stupidity. Professor Phil Gramm points the finger at dysfunctional state governments: Why are the Big Three going broke and asking for taxpayer money while Toyota USA is expanding?
Ford, GM and Chrysler have become as sclerotic as the liberal states that host them. Like the failed state of Michigan, the Big Three promised goodies to the masses and now they have the gall to ask the American taxpayer to fund their generosity. Note to nanny-state liberals (in government and on corporate boards): It's not generosity when you do it with other people's money!
Business conditions were better in the successful states than in the lagging ones. Capital and labor gravitated to where the burdens were smaller and the opportunities greater.The facts show that soak the rich policies, over-regulation, and yes, overreaching unions, destroy jobs. States like Ohio and Michigan have only their failed liberal policies to blame. And the same can be said for the welfare queens who run the Big Three: They overpromised and undersold on pensions and benefits. You can pile the goodies sky high, but somebody has to pay the bill. Toyota knows this, as does Texas, Tennessee, and Florida.No one should let Michigan politicians blame their problems solely on the decline of the U.S. auto industry.
Yes, Michigan lost 83,000 auto manufacturing jobs during the past decade and a half, but more than 91,000 new auto manufacturing jobs sprung up in Alabama, Tennessee, Kentucky, Georgia, North Carolina, South Carolina, Virginia and Texas.
Liberal Democrats and the press (but I repeat myself) will be trying to convince you otherwise.
Arm yourself against their economic nonsense by going here and reading the entire article on state economies. I also recommend you read everything written by the erudite and highly entertaining economics professor Walter E. Williams. Here is a quote from his web site:"We hang the petty thieves and appoint the great ones to public office." -- AesopWalter E. Williams home page: http://www.gmu.edu/departments/economics/wew/
Gramm Article on State Economies
http://online.wsj.com/article/SB122126282034130461.html?mod=opinion_main_commentariesYes, my Nissan Pro4X pickup was built in MS. I love it and this after driving Fords for most of my adult life!
So it's not just cheaper, it's also more expensive.
The operative fact (in the U.S.) is that a company such as Toyota can produce a car with fewer man-hours (unionized or not) than its U.S. counterpart. There is your advantage . . . the exchange rate for the currency is just a smokescreen.
My neighbor has a Yaris.
Honestly, I don’t think it would survive a collision with my Wheel Horse garden tractor.
The unions outlived their purpose decades ago. You seem very intelligent and I’m not sure how to react when you dismiss the exchange rate.
A cheaper Yen makes their purchases in Yen more expensive. How does that help their US operations?
Math was hard for you in school. LOL!
I’m not dismissing exchange-rate fluctuations, mind you . . . I just haven’t seen much evidence that the Japanese are manipulating their currency to the point where you see what you think you’re seeing. The Chinese, on the other hand . . . .
So you and rightwhale are applauding the decades long tradition of currency manipulation? I must be misinterpreting something here.
Dealer Principal owns several franchises in NC including #1 Toyota store in state.
He can see GM is past point of return.
My Question is why is Chrysler in this silly proposal since they are a private owned company with ties into GMAC?
The chicoms are following the Japanese model. It worked well.
Quality and service...... that’s why I bought a new Toyota Tundra. I love this truck. The next new car I buy will be another Toyota.
I do own an old Ford too, but it stays parked out behind the barn.... it’s my “going to the dump” vehicle.
Quality and service, and give the people what they want, period.
No. Just laughing at your lack of understanding. A cheaper Yen makes Yen purchases more expensive. Think about higher oil prices when the dollar was weak. How does buying more expensive parts in Japan help Toyota USA?
type John Snow + Cerberus in a search engine He's the Republican connection to the auto bailout. They have both sides of the aisle covered, it's not just the UAW and Democrats.
American people stop buying an American car. The people go out and buy japan car only so therefore the an
American workers looses their money of their paycheck. No support to the American people. The priorty is all wrong.
(NoCoGOP’s wife message)
for later
First thing you've said that I can agree with. :^)
VW in Virginia says they’re hiring 2000 people.
But, it will happen. Think about the banks. The small home town banks are doing fine but the government will be helping their competition with the small bank’s taxes.
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