Is it even worth bailing out the top three?
- I am drawn on the issue. It actually is kind of scary really. If - and only if - the Big 3 do collapse - then we can pretty much say good - bye to our country. That would essentially destroy our economy beyond anything we can imagine right now. That is a pretty terrifying thought. Even if they do file Bankruptcy and choose to exist still - that will still have unprecented effects on our country. From the millions who will loose their jobs to the supermarkets and all other businesses that operate in the towns that the Big 3 are strong in will pretty much collapse from everyone loosing work. This can definitely have a domino effect and I ure you. we will see it. On the other hand - had they recieved a portion of the bailout - they would have just misused it and been in the same exact spot in 5 years or something
- Granted they have serious issues, but one of their prime problems is that they are not able to compete with Toyota, etc. because they have HUGE pension and related obligations to retired and soon - to - be - retired employees, which foreign companies are not burdened with. That's one reason Toyota can run plants in the US profitably. If the ONLY way to get out from under those contractual obligations is to go bankrupt, then that is how it will have to be!. It's unfortunate for the retirees, but you have to be realistic; these days, people at those levels do not get pensions. There is no sense pouring money into these companies unless the UAW is willing to renegotiate these contractual obligations. If they are not, and they do not seem to be so far, then they will lose out in the end. On the bright side, this is still a great, flexible, and innovative country, and I feel that NEW startup companies will emerge, NOT hindered by union obligations, which will become new automative leaders
- I have been wondering about that also. Is there a point to pouring money into auto companies that cannot sell enough cars to be profitable? We seem to have an over supply of new cars and trucks, along with an over capacity to produce more. Should we not decrease the supply capacity to be more in line with demand?
- YES. Millions of American Families will be affected. And in more ways then we can think about now. Restructuring Yes, Get rid of bad boys at the top, YES! . I would rather my tax dollars are helping American Workers. Than the big boys and every one else in the world. :
- No! Part of their job was to be aware of the economy and plan accordingly. In business, when you fail you go thru bankruptcy, restructure and recover on your own merits. Why we are considering this is beyond me!
- No. It would just delay the inevitable and leave us in a major catastrophe with a bigger national debt. The bailout will not change anything in the long run
Knowledge Base
i live in artesia zip code 90701 and trying to find a place to fix my car driver side door. some one hit my door and trying to replace me. help me. its mitsubishi's galant 2002. go to the neerest junk yard and find one. i used to live in (florida car rental)
rental.companies. park the car in the lot and put the keys in the drop slot. check with your local law enforcement people, too because if none of what the others suggested, you might be able to claim it and keep it after a certain amount of time. but only after (auto car parts)
most rates that i have checked on recently are about double what they were a couple of years ago. economy. question is. are you old enough to rent anyway? you will have to be 25 in order to do so. try jolly wheels they are new with really low prices. (car loan rate)
Knowledge Base: Used Car
i am going to start a used car dealership with a friend. we are looking before we open the doors to find out how to get you to buy from us. lower price, warranty on your car etc. please help me get you to buy from me! thanks for your (used car)
in my opinion i feel that the prices of some used cars like german make and some suv that has either big engines or 4x4 will go down faster than others, do you agree with me or have any other opinion cause im thinking of replacing my car with a (used car)
anything that effects new car prices will ultimately trickle down and effect used car prices. with gm and chrysler both filing bankruptcy this year and removing models from their lineups, this will greatly effect used car pricing. i have a 99 mustang gt. the kbb price has acually gone up (buy used cars)
right now, i just cars.com, autotrader, and craigslist, but i would like to have more search engines to find used cars, as none of the sites have any decent offers at this time. preferably, i would like to buy from an individual seller rather than a business as the prices (used car prices)
my dad and i are looking at used cars, i was just wondering. are used car prices usually set, or can you haggle them like you do with a new car's sticker price?. same haggling prices. yes if have someone like lemon busters to check the car out for you (used car dealership)
Knowledge Base: Buy Used Cars
i am in the process of buying a vehicle 1st for me, and people have recommended buying used versus new because they say new cars depreciate sp?. i do not really understand the concept because would not you be getting a better deal if you bought a new one? after (buy used cars)
i will probably always buy used cars, just because you can save so much by getting one a year old. if its an american car, under 80, 000 miles to be safe. never buy a used car. there is a reason it is for sale. it's trouble. i have never (buy used cars)
maybe the bailout money can be used to bailout the families affected?. if they go out of business people will still buy cars. the workers will just have to move. no. it would just delay the inevitable and leave us in a major catastrophe with a bigger national debt. the (buy used cars)
if you buy only used cars your entire life, chances are you are going to run into a few lemons. this can really be a bummer. especially if you spent everything you had and didn. buying slightly used is smarter than buying brand new. a used car with existing warranty (buy used cars)
i prefer to buy used cars. new ones cost way to much and depreciate in value as soon as you leave the lot. leasing, you have to watch the miles you put on your car, accidents stuff. i pay off the car. can not be bothered with lease financing. leasing (buy used cars)
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