Submitted by brownout1 on Wed, 04/01/2009 - 13:01.
I don't expect the current administration to do anything but create the environment for these firms to prosper. If there hadn't been a bank bailout in the first place (which I strongly opposed), the credit markets wouldn't have seized up, all the bad assets would have been flushed from the system, and people who wanted to borrow still could. We may have even seen the majority of the job losses confined to the banking/finance/mortgage industry. Now the problem has infected the entire economy. Let the banks pay for their sins, and I predict the problem would be cleared up in months.
Submitted by pawnstorm12 on Wed, 04/01/2009 - 11:46.
Showing another absolute buffoon the truth.
—
"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul
Submitted by brownout1 on Wed, 04/01/2009 - 08:44.
I've worked in the auto industry for 18 years, so I have a little more knowledge than Dr. Paul about what's been going on. Just as the television industry tried to stop Japan from dumping products on the American market (please read Pat Choate's "Agents of Influence"), the U.S. carmakers have been facing an uphill battle against a backward U.S. trade policy. Dr. Paul's nonsense about "free trade" is about as utopian as "world peace"; nice in theory but totally impractical in the real world. For years now, the U.S. government has been addicted to foreign debt to run its operations. Japan (and now China) have purchased this debt and used these U.S. currency reserves to keep the yen and the renminbi artificially low with respect to the U.S. dollar. As GM, Ford, and Chrysler watched their market share shrink (yes, some of which was due to their own fault), they turned to their suppliers as a piggybank to help offset their declining profits. Many of these suppliers went global and moved operations offshore, and many went bankrupt. Metro Detroit has one vacant manufacturing site after another attesting to that. So should the carmakers being bailed out? In Dr. Paul's ideal world, no; but in the real world that I and many of my neighbors live in, we have no choice. The banks caused this current crises; not GM, Ford, or Chrysler. Germany, Japan, Korea, and China are all pouring money into their carmakers to help them survive. Why? Because they're smart enough to realize the importance of a vibrant manufacturing sector. If we're going to allow our trading "partners" to play these sorts of mercantilistic games, we're either going to have to get on board with their socialist nonsense, or close off our market to them. I would prefer we took the latter course. The world seems to already made its decision which form of government they prefer.
That's more experience at working than Obama! To bad you had to pay taxes all that time. I'm a union man myself for thirty years and counting.
I still agree with Ron Paul on most issues.
You can't get more grassroots than unions. My only gripe with Ron Paul, if I really have one, is his obscurity when it comes to unions. My malinvested pension is in jeopardy as well as my 401k, due to the financial crisis, even though I work for a sound company.
Unions are what made (or whats left of it) a middle class in this country. It is time for Ron Paul to recognize that reality by showing more support for collective bargining unions or we will all be working at Walmart living off food stamps without health care on minimum wage. As unions go the middle class follows- follow the money.
I can't hear you, Ron Paul! My ears are open.
The Fed, Fedx and Walmart workers are not unionized.
Submitted by JUSTCOMEHOME on Wed, 04/01/2009 - 08:52.
The plan was to crush the unions and move jobs to the cheaper labor all along. NAFTA was the initial candy for the foreign elite crooks to get a taste of wealth so they'd get addicted.
Real free trade doesn't need agreements. Your crooked globalistic politicians threw you under the bus years ago. The bailouts have nothing to do with saving the auto makers, it's get away money to be used to set-up shop in communist China where there are no unions.
Submitted by brownout1 on Wed, 04/01/2009 - 08:57.
Cheaper labor is only one component of what goes into decisions to relocate plants elsewhere. That was found out last year when transportation costs went through the roof. There's also political stability. At any time, China can nationalize the assembly plants their foreign competitors have set up there. My guess is this is the likely scenario in the not-too-distant future. Mexico is turning into the Old West. Our "representatives" forced the automakers to abandon their home market in search of profits elsewhere. As far as I'm concerned, they're the traitors; not the corporations.
root of the problem going back decades at least. So why do you imagine the newest administration, advised by the same guys that engineered our current economic fiasco, has any more wisdom than the previous administrations? How will even more government control and manipulation ever make industry viable?
Submitted by jcr@mac.com on Wed, 04/01/2009 - 02:55.
Does he think he can convince us just by talking as fast as possible?
-jcr
—
"The problem with trying to child-proof the world, is that it makes people neglect the far more important task of world-proofing the child." -- Hugh Daniel
because it seems his been debating with uncommon sense, unreasonable people that have as much logic as I have of kingship, its funny the mayor was just saying more usual rhetoric like his trying to satisfy his constituent's with and I quote "GM is the future of green!!" and "we need to save it so we can export them" yeah but what he doesn't say is that we need to steal the savings from hard working people in order to save unprofitable companies which GM and Chrysler are.
now. I love it, little old mayor came crawling to the government. If you make a good product, people will buy it mr. mayor. Not when you spend 15k on a Ford Focus and it blows up in 20,000 miles. You spend 18k on a Honda Civic and it runs for 300,000 miles. People want quality for their money. GM. Ford, and Chrysler need to learn how to make a good car, and once they do, I will happily throw them my hard earned money.
—
Those who expect to reap the blessings of freedom must. like men, undergo the fatigue of supporting it.-Thomas Paine
The R3volution requires action, not observation!!!!
Where on earth do they dig up these fast talking, brainwashed, jack-asses??? Who was that freak and is he the only person in America besides our Congressional overlords that believes the bailouts are going to work?
Submitted by realedreform on Tue, 03/31/2009 - 18:43.
I think he did a great job...he was calm and well-spoken and managed to get in buzz-words like "federal reserve" and "free market."
At last we're getting to the heart of the matter. Of necessity we must begin speaking of such things as the Federal Reserve System, which not very long ago was one big sacred cow.
I guess Ron Paul won that match
"The sooner they go into bankruptcy, the better." Looks like Obama's taking advice from RP.
Automaker Bailout
I don't expect the current administration to do anything but create the environment for these firms to prosper. If there hadn't been a bank bailout in the first place (which I strongly opposed), the credit markets wouldn't have seized up, all the bad assets would have been flushed from the system, and people who wanted to borrow still could. We may have even seen the majority of the job losses confined to the banking/finance/mortgage industry. Now the problem has infected the entire economy. Let the banks pay for their sins, and I predict the problem would be cleared up in months.
Score another one for the good doctor...
Showing another absolute buffoon the truth.
"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul
VOTE FOR RON PAUL!!!!!!!!!!!!!!!!!!!!
Vote Ron Paul he is in danger of losing!!!!!!!!!!!!!!!!
http://www.npr.org/news/graphics/2009/mar/bracket2012/
Automaker Bailout
I've worked in the auto industry for 18 years, so I have a little more knowledge than Dr. Paul about what's been going on. Just as the television industry tried to stop Japan from dumping products on the American market (please read Pat Choate's "Agents of Influence"), the U.S. carmakers have been facing an uphill battle against a backward U.S. trade policy. Dr. Paul's nonsense about "free trade" is about as utopian as "world peace"; nice in theory but totally impractical in the real world. For years now, the U.S. government has been addicted to foreign debt to run its operations. Japan (and now China) have purchased this debt and used these U.S. currency reserves to keep the yen and the renminbi artificially low with respect to the U.S. dollar. As GM, Ford, and Chrysler watched their market share shrink (yes, some of which was due to their own fault), they turned to their suppliers as a piggybank to help offset their declining profits. Many of these suppliers went global and moved operations offshore, and many went bankrupt. Metro Detroit has one vacant manufacturing site after another attesting to that. So should the carmakers being bailed out? In Dr. Paul's ideal world, no; but in the real world that I and many of my neighbors live in, we have no choice. The banks caused this current crises; not GM, Ford, or Chrysler. Germany, Japan, Korea, and China are all pouring money into their carmakers to help them survive. Why? Because they're smart enough to realize the importance of a vibrant manufacturing sector. If we're going to allow our trading "partners" to play these sorts of mercantilistic games, we're either going to have to get on board with their socialist nonsense, or close off our market to them. I would prefer we took the latter course. The world seems to already made its decision which form of government they prefer.
you've worked for 18 yrs!
That's more experience at working than Obama! To bad you had to pay taxes all that time. I'm a union man myself for thirty years and counting.
I still agree with Ron Paul on most issues.
You can't get more grassroots than unions. My only gripe with Ron Paul, if I really have one, is his obscurity when it comes to unions. My malinvested pension is in jeopardy as well as my 401k, due to the financial crisis, even though I work for a sound company.
http://www.youtube.com/watch?v=5kwA-CwFK5A
Unions are what made (or whats left of it) a middle class in this country. It is time for Ron Paul to recognize that reality by showing more support for collective bargining unions or we will all be working at Walmart living off food stamps without health care on minimum wage. As unions go the middle class follows- follow the money.
I can't hear you, Ron Paul! My ears are open.
The Fed, Fedx and Walmart workers are not unionized.
and then you die
Dude
The plan was to crush the unions and move jobs to the cheaper labor all along. NAFTA was the initial candy for the foreign elite crooks to get a taste of wealth so they'd get addicted.
Real free trade doesn't need agreements. Your crooked globalistic politicians threw you under the bus years ago. The bailouts have nothing to do with saving the auto makers, it's get away money to be used to set-up shop in communist China where there are no unions.
Automaker Bailout
Cheaper labor is only one component of what goes into decisions to relocate plants elsewhere. That was found out last year when transportation costs went through the roof. There's also political stability. At any time, China can nationalize the assembly plants their foreign competitors have set up there. My guess is this is the likely scenario in the not-too-distant future. Mexico is turning into the Old West. Our "representatives" forced the automakers to abandon their home market in search of profits elsewhere. As far as I'm concerned, they're the traitors; not the corporations.
I think we agree, the government is the
root of the problem going back decades at least. So why do you imagine the newest administration, advised by the same guys that engineered our current economic fiasco, has any more wisdom than the previous administrations? How will even more government control and manipulation ever make industry viable?
Send Ron Paul to the Final Four!!!!
Ron Paul is losing WTH? Vote for him! http://www.npr.org/news/graphics/2009/mar/bracket2012/
Seems about 10 times the people are voting
on the Ron Paul race than the other three. That's a little odd. And who is that other guy facing Ron Paul? Where is his support coming from?
alan laney
polls.....
media -- been there done that. Trust none of that crap. It can all be manipulated.
"It's not the people who vote that count. It's the people who count the votes." (Josef Stalin)
and then you die
who is that babbling jackass?
Does he think he can convince us just by talking as fast as possible?
-jcr
"The problem with trying to child-proof the world, is that it makes people neglect the far more important task of world-proofing the child." -- Hugh Daniel
Was March Ron Paul VS. IDIOTS MONTH
because it seems his been debating with uncommon sense, unreasonable people that have as much logic as I have of kingship, its funny the mayor was just saying more usual rhetoric like his trying to satisfy his constituent's with and I quote "GM is the future of green!!" and "we need to save it so we can export them" yeah but what he doesn't say is that we need to steal the savings from hard working people in order to save unprofitable companies which GM and Chrysler are.
#68
now. I love it, little old mayor came crawling to the government. If you make a good product, people will buy it mr. mayor. Not when you spend 15k on a Ford Focus and it blows up in 20,000 miles. You spend 18k on a Honda Civic and it runs for 300,000 miles. People want quality for their money. GM. Ford, and Chrysler need to learn how to make a good car, and once they do, I will happily throw them my hard earned money.
Those who expect to reap the blessings of freedom must. like men, undergo the fatigue of supporting it.-Thomas Paine
The R3volution requires action, not observation!!!!
"Too little, too late." -
"Too little, too late." - Ron Paul
Something the common man can understand.
http://www.meetup.com/RP2012GrandJunctionCO
63 Diggs, Fox Email
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Ron Paul's Convention Speech
Ron Paul's Convention Speech
another stupid ass mayor who
another stupid ass mayor who does not have a clue about whats up or down.. man these people are a joke!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Where on earth do they dig
Where on earth do they dig up these fast talking, brainwashed, jack-asses??? Who was that freak and is he the only person in America besides our Congressional overlords that believes the bailouts are going to work?
Down at the local used car lot
"It's just one big club... and WE ain't in it!"
"Tyrants fear nothing more than insubordination"
"It's just one big club... and WE ain't in it!"
Ahh...he WAS from Michigan!
What are you fightin' for?
Love me, I'm a liberal!
Freedom is only for those with the guts to defend it!
What are you fightin' for?
Caught in the middle?
Freedom is only for those with the guts to defend it!
Best used car salesman
http://www.youtube.com/watch?v=kCcu4DO6rSM&feature=related
"It's just one big club... and WE ain't in it!"
"Tyrants fear nothing more than insubordination"
"It's just one big club... and WE ain't in it!"
Damn! I could use some selling tips! lol Tough when things get
lost in translation! http://www.youtube.com/watch?v=aCSkhjEyOgM
;-)
What are you fightin' for?
Love me, I'm a liberal!
Freedom is only for those with the guts to defend it!
What are you fightin' for?
Caught in the middle?
Freedom is only for those with the guts to defend it!
"He's the one"
Yes, we can !" (well, could of)
Still can! The truth is spreading!
Ron Paul's Convention Speech
Ron Paul's Convention Speech
I know ;)
I'd say when they start realizeing obammy ain't gonna give them all a cadillac and a condo they will start rioting. Keep yur powder dry!
You Have Been Advocating Giving People Cadillacs & Condos
In recent days you have been defending FDR and the government inflating and devaluing the money to hand out homes and farms to people.
Ron Paul's Convention Speech
Ron Paul's Convention Speech
Hey Bon, And not only keep
Hey Bon,
And not only keep it dry but buy lots more!
hen governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Excellent
I think he did a great job...he was calm and well-spoken and managed to get in buzz-words like "federal reserve" and "free market."
At last we're getting to the heart of the matter. Of necessity we must begin speaking of such things as the Federal Reserve System, which not very long ago was one big sacred cow.
Dugg
Ron Paul is my President
Digg #45, also positive email sent to Fox Business
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Ron Paul's Convention Speech
Ron Paul's Convention Speech