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View Full Version : GM, Ford and Chrysler: Give Them the Damn Money!



HEMISFEAR
12-18-08, 09:15.52 PM
I like this writer...known as the Mechanic from Edmunds..

This semi-regular column is written (in his own blood) by an automotive sage and noted malcontent known as The Mechanic. Mercilessly beaten as a child with rolled-up back issues of old car magazines, our free-spoken hero developed a unique "for your own good" take on cars and the auto industry, along with an unfortunate habit of setting himself ablaze. Later, after a distinguished career as an automotive journalist and magazine editor, he cast off the reins of his musty oppressors, carved out his superego with a plastic spork and became The Mechanic.

On his way back from Iraq yesterday, President Bush said his administration would likely scrape enough funds from the banking bailouts to see GM, Ford and Chrysler through at least the next few months.

This was only hours after some crazed, and dare I say it, ungrateful, Iraqi newspaper reporter threw his shoes at the man (apparently shoe-throwing is the ultimate insult in Iraq) in protest.

This is a good thing. The bailout money, not the shoe-throwing. President Bush knows -- as I do, you do and Barack Obama does -- that the American auto industry may have had its proverbial head up its proverbial ass for decades, but it's still worth saving. It's worth saving because America with an auto industry is a better America.

And I'm not talking about jobs here, or economic ripples that will affect every single person in this country negatively. I'm talking about a great America. And a great America makes cars.

Maybe I'm blinded by my passion for the automobile and my patriotism for the greatest country the world has ever known, but nobody, and I mean nobody has been able to explain to me how America is better off with a bankrupt auto industry. Not the pundits on the 24-hour news channels, not the car-hating columnists at the country's big newspapers, not the liberal greenies that surround me in Southern California. Nobody.

Not even you, the Inside Line readers, have been able to convince me that we're all better off if GM, Ford, Chrysler and the UAW take their collective medicine and pay for their seemingly endless run of bad management decisions with extinction. I know not all of you out there feel that way, but many of you do. Those who do swore off domestic cars years ago for one reason or another, some justified, and they'd figure no auto American industry is better than a sick one pushing cars like the Pontiac G3, the Dodge Caliber and the Mercury Grand Marquis.

Well, they're wrong.

Don't get me wrong; nobody should spend their hard-earned money on turds like the G3, the Caliber and the Merc, but I'm here to say that the American auto industry needs to live and if tax dollars must be spent to save it, then we should spend them. When you consider all the waste in Washington, the flushing of our tax dollars to fund bridges to nowhere (both figuratively and literally), saving the U.S. auto industry is without a doubt a better use of our funds. Don't you think?

Consider what your tax dollars fund. When was the last time you complained about the $3,478,000 spent on the harbor seal and stellar sea lion protection program, or the $82,164,000 that funds bypass facilities for migratory salmon and steelhead fish at the dams along the Columbia River, not to mention the $984,000 that went to the University of Oklahoma in Norman for the large-scale application of single-wall nanotubes or the $492,000 given to the Rolls-Royce Fuel Cell System (U.S.) Inc. to fund development at the Fuel Cell Prototyping Center at Stark State College of Technology in Canton. This last one is really aggravating when you realize that the Rolls-Royce Group reported a net profit of $1.2 billion in 2007.

Or how about the $1,648,850 or your money the senators from Illinois, including Barack Obama, secured for the Shedd Aquarium in Chicago. Man, these freakin' fish are costing us a fortune.

Enough is enough. Call your senator, tell him or her to cut all this crap and save the Detroit Three.

Maybe, just maybe, with a little luck, some smart management decisions and an optimistic public willing to give GM, Ford and Chrysler another chance, they can be the Big Three again. I hope I live to see it. -- The Mechanic, Inside Line Contributor

E-mail me at themechanic@edmunds.com.

SRT8bby
12-19-08, 06:12.16 AM
I do agree with giving the big 3 the money when I think about how much is lost when the gov't gives money for B/S and such.



But on the other hand I disagree - if I were in financial trouble and about to lose my home, who's gonna bail me out? Nobody - so from that sense I disagree.


I do hate seeing how much money goes to other countries and such (from us) for their troubles. We have our own issues to take care of. Like people that are living on the streets, etc... We need to put food on our table first.

HEMISFEAR
12-20-08, 10:56.24 PM
I got this in an email and thought it was pretty interesting...

For the record...
> >>>>>
> >>>>>Ford, Chrysler and GM's contributions after 9/11

>'CNN Headline News did a short news listing regarding Ford
> >>>>>and GM's
> >>>>>contributions to the relief and recovery efforts in New
> >>>>>York and Washington .
> >>>>>
> >>>>>The findings are as follows.....
> >>>>>
> >>>>>1. Ford- $10 million to American Red Cross matching
> >>>>>employee contributions of the same number plus 10
> >>>>>Excursions to NY Fire Dept. The company also offered ER
> >>>>>response team services and office space to displaced
> >>>>>government employees.
> >>>>>
> >>>>>2. GM- $10 million to American Red Cross matching employee
> >>>>>contributions of the sam e number and a fleet of vans,
> >>>>>suv's, and trucks.
> >>>>>
> >>>>>3. Daimler Chrysler- $10 million to support of the children
> >>>>>and victims of the Sept. 11 attack.
> >>>>>
> >>>>>4. Harley Davidson motorcycles- $1 million and 30 new
> >>>>>motorcycles to the
> >>>>>New YorkPolice Dept.
> >>>>>
> >>>>>5. Volkswagen-Employees and management created a Sept 11
> >>>>>Foundation,
> >>>>>funded initial with $2 million, for the assistance of the
> >>>>>children and victims of the WTC.
> >>>>>
> >>>>>6. Hyundai- $300,000 to the American Red Cross.
> >>>>>
> >>>>>7. Audi-Nothing.
> >>>>>
> >>>>>8. BMW-Nothing.
> >>>>>
> >>>>>9. Daewoo- Nothing.
> >>>>>
> >>>>>10. Fiat-Nothing.
> >>>>>
> >>>>>11. Honda- Nothing despite boasting of second best sales
> >>>>>month ever in
> >>>>>August 2001
> >>>>>
> >>>>>12. Isuzu- Nothing.
> >>>>>
> >>>>>13. Mitsubishi-Nothing..
> >>>>>
> >>>>>14. Nissan-Nothing.
> >>>>>
> >>>>>15. Porsche-Nothing. Press release with condolences via the
> >>>>>Porsche website.
> >>>>>
> >>>>>16. Subaru- Nothing.
> >>>>>
> >>>>>17. Suzuki- Nothing.
> >>>>>
> >>>>>18. Toyota-Nothing despite claims of high sales in July and
> >>>>>August 2001.
> >>>>>Condolences posted on the website
> >>>>>
> >>>>>Whenever the time may be for you to purchase or lease a new
> >>>>>vehicle, keep this information in mind.
> >>>>>
> >>>>>You might want to give more consideration to a car manufactured by an
> >>>>>
> >>>>>American-owned and / or American based company. Apart from Hyundai and
> >>>>>Volkswagen, the foreign car companies contributed nothing
> >>>>>at all to the citizens of the United States ...
> >>>>>
> >>>>>It's OK for these companies to take money out of this
> >>>>>country, but it is apparently not acceptable to return some
> >>>>>in a time of crisis.
> >>>>>
> >>>>>
> >>>>>
> >>>>>I believe we should not forget things like this.
> >>>>>
> >>>>>Say thank you in a way that gets their attention..
> >>>>>
> >>>>>BUY YOUR NEXT VEHICLE FROM GM, FORD OR CHRYSLER.

DevssrT
12-21-08, 07:45.38 PM
Good article and interesting information..

Mopar2Ya
12-22-08, 02:40.15 PM
This comes as no suprize. :usa:

SRTLUVR
12-22-08, 10:58.52 PM
Wow, I had no idea......
Chase