T Nation

Automakers Owe Us All Blowjobs

… instead of f*cking us.

Just remember this next time you complain about Republicans being solely beholden corporate interests (not that it was ever true anyway).

All hands are bloody here.

[i]The US Senate Saturday approved 25 billion dollars in loan guarantees for the financially strapped US auto industry, intended to spark a wave of automotive innovation.

The loan guarantees were included in a continuing resolution that included funding for the US government and the wars in Iraq and Afghanistan.

President George W. Bush has indicated that he intends to sign the bill.

“We’re very pleased Congress has chosen to act at this critical time,” said Greg Martin, director of communications for General Motors Corp’s Washington office.

GM had been subject of much speculation that it could be forced into bankruptcy.

The bill, which was approved by the House of Representatives on Wednesday, are the first loan guarantees for US carmakers since Congress approved a similar 675 million dollar measure for Chrysler Corp. in 1980.

Chrysler Chairman Robert Nardelli, however, said this week the loan guarantees should not be considered a rescue package for struggling carmakers. “This is not a bailout,” he said.

Under provisions of the new legislation, not only US carmakers are eligible for the guarantees but also suppliers and foreign automakers with plants in the United States that are more than 20 years old – Nissan and Honda’s US operations qualify.

Martin said automakers could use the money for projects such as a new engine plant GM has announced it intends to build in Flint, Michigan.

GM Chairman Rick Wagoner spoke of plans to invest 370 million dollars in a new plant, which will be the exclusive site for production of the gasoline engine or “range extender” for the electric Chevrolet Volt, due out in November 2010.
[/i]

Welcome to the USSA.

It is so fucking ridiculous…

I own a Honda because I felt it was the best value for the quality I was getting.

Maybe they wouldn’t be in so much trouble if they produced better value, making less people feel like I did.

EDIT: It’s a political move to save all those blue collar jobs.

[quote]AssOnGrass wrote:
EDIT: It’s a political move to save all those blue collar jobs.[/quote]

What other kind of move could it be? There is no benefit except to the failing automakers to keep propping up their failing industry.

Politicians do not suffer financial consequences of playing with taxpayer money – only political consequences of not acquiescing to “common weal”. Common weal being defined by whatever the people with money say it is.

One of my customers is Chrysler. I went there to fix their SEM at a charge of $275 an hour. They always want something for nothing and complain about our costs, so I busted my ass and worked fast trying to keep costs down for them.

This is a site where you have to be escorted offsite because all the doors lock behind you, so when I was done I went to find the guy who ran the lab so I could leave.

This asshole sat there with his feet on a desk and looked at me for over 50 minutes because his union hour long break had just started. I told him I had other things to do, and the door was about 50 yards away. Guy still wouldn’t get off his ass and take 30 seconds to swipe a card at the door for me.

I got slight satisfaction knowing that they would bitch to my supervisor about the cost of service and he would get to rip them back, but it was a sad display of why they will be out of business soon.

[quote]LIFTICVSMAXIMVS wrote:

What other kind of move could it be?
[/quote]

I am master of pointing out the obvious.

[quote]borrek wrote:
One of my customers is Chrysler. I went there to fix their SEM at a charge of $275 an hour. They always want something for nothing and complain about our costs, so I busted my ass and worked fast trying to keep costs down for them.

This is a site where you have to be escorted offsite because all the doors lock behind you, so when I was done I went to find the guy who ran the lab so I could leave.

This asshole sat there with his feet on a desk and looked at me for over 50 minutes because his union hour long break had just started. I told him I had other things to do, and the door was about 50 yards away. Guy still wouldn’t get off his ass and take 30 seconds to swipe a card at the door for me.

I got slight satisfaction knowing that they would bitch to my supervisor about the cost of service and he would get to rip them back, but it was a sad display of why they will be out of business soon.[/quote]

Good post. If the automakers owe us a blow job, the unions owe us a sack licking.

[quote]borrek wrote:
One of my customers is Chrysler. I went there to fix their SEM at a charge of $275 an hour. They always want something for nothing and complain about our costs, so I busted my ass and worked fast trying to keep costs down for them.

This is a site where you have to be escorted offsite because all the doors lock behind you, so when I was done I went to find the guy who ran the lab so I could leave.

This asshole sat there with his feet on a desk and looked at me for over 50 minutes because his union hour long break had just started. I told him I had other things to do, and the door was about 50 yards away. Guy still wouldn’t get off his ass and take 30 seconds to swipe a card at the door for me.

I got slight satisfaction knowing that they would bitch to my supervisor about the cost of service and he would get to rip them back, but it was a sad display of why they will be out of business soon.[/quote]

Now we agree on something too.

I did onsite PC support and training for Ford and the unbelievable union politics go on there too. Not just union politics, but bullshit politics in general are suffocating these auto makers.

It is very important prior to buying a car. That you check the conditions been union and management for that make and year. The stories I have been told about minor sabotage. Like placing loose bolts where they will rattle but not harm the car. Car spends days in shop under warrenty.

[quote]AssOnGrass wrote:
It is so fucking ridiculous…

I own a Honda because I felt it was the best value for the quality I was getting.

Maybe they wouldn’t be in so much trouble if they produced better value, making less people feel like I did.

EDIT: It’s a political move to save all those blue collar jobs.[/quote]

My parents were die-hard American car buyers until their last two cars from American auto-makers were complete garbage. Tranny’s going out at 80K, engine problems, etc - stuff that doesn’t happen in a Honda until 150K +. My wife and I both drive Hondas.

If American car makers stop designing parts with low-mileage MTBFs, I’ll start buying them again. I refuse to believe they can’t find good mechanical engineers anywhere in the world to design a quality product.

[quote]AssOnGrass wrote:
It is so fucking ridiculous…

I own a Honda because I felt it was the best value for the quality I was getting.

Maybe they wouldn’t be in so much trouble if they produced better value, making less people feel like I did.

EDIT: It’s a political move to save all those blue collar jobs.[/quote]

Honda is an American made car, they are built in Tennesee. Fords, Chryslers, General Motors are made in Canada and Mexico. Kinda makes you wonder which one is really an “American” car.

Aussies build Ford, Toyota, Mitsubishi and General Motors cars…

Stop whining.

You all know that is the system we live under.

No need to go into an uproar every time someone gets bailed out.

It’s happened before and it’s going to continue to happen.

You have no say over how the king spends his tax revenue.

I say buy a car made right in America, it’s the patriotic thing to do. There are many Toyota’s to choose from.

[quote]Nominal Prospect wrote:
Stop whining.

You all know that is the system we live under.

No need to go into an uproar every time someone gets bailed out.

It’s happened before and it’s going to continue to happen.

You have no say over how the king spends his tax revenue. [/quote]

This much is true.

The polls and the politicians phone banks and e-mails show an overwhelmingly majority opposition to this whole idiotic plan, but that doesn’t make any difference to the power brokers. They’ll flip us off and do it anyway.

Government of the people, by the people and for the people?

I don’t why we don’t just burn our founding documents and be done with it already.

And Bush that feckless fag showed his true colors. Actually Mccain and Palin aren’t much better here either.

Paraphrase Bush: “I’m a free market guy by nature so my first inclination is to allow the markets to suffer through this, but this is a REALLY tough time so we have to intervene and save it.”

In other words American free market capitalism is a beautiful thing UNLESS there’s a very significant problem, then socialism comes to the rescue showing that in our time of need big brother is the only way.

Of course this ignores that American free market capitalism is not what caused this. The very federal intervention now being proclaimed as the divinely instituted means of economic salvation did.

Isn’t funny how people’s real character comes to the fore when the pressure is on.

[quote]Nominal Prospect wrote:
You have no say over how the king spends his tax revenue. [/quote]

A king would not likely allow his kingdom be lost due to malinvestment in the first place.

Time to read Human Action.

[quote]Sloth wrote:
Time to read Human Action.[/quote]

Just for you…

PDF to the 4th Edition

Careful what you ask for.

[quote]LIFTICVSMAXIMVS wrote:
Sloth wrote:
Time to read Human Action.

Just for you…

PDF to the 4th Edition
http://mises.org/humanaction/pdf/humanaction.pdf[/quote]

Appreciate that, lift. I need a better foundation from which to defend and explain free-market Capitalism (Econ 101 doesn’t cut it), and in the past had seen Human Action suggested. Unfortunately, I just never got around to getting a copy. However, with all this interventionism lately, it’s time.