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Old 06-02-2009, 06:40 AM
 
3,756 posts, read 9,562,450 times
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I thought it would be an interesting subject to discuss especially in NEPA where many jobs are few. With the government takeover of GM (60%) what are people's viewpoints. As a sign of the times, with job loss and foreclosure, do some of you think the government should be helping families out as well.
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Old 06-02-2009, 09:13 AM
 
3,756 posts, read 9,562,450 times
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Quote:
Originally Posted by TheHighHat View Post
I thought it would be an interesting subject to discuss especially in NEPA where many jobs are few. With the government takeover of GM (60%) what are people's viewpoints. As a sign of the times, with job loss and foreclosure, do some of you think the government should be helping families out as well.
LOL, I guess the bailout has not hit NEPA yet
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Old 06-02-2009, 09:26 AM
 
Location: NE PA
7,931 posts, read 15,835,829 times
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I'm not up for typing another long paragraph right now, so I'll copy and paste what I just posted on the off-topic political sticky thread:

I say if we are truly a free market, then we need to let the market decide which companies survive and which ones die out. The economy will correct itself.....if GM went under, sure in the short-term people would be out of work, but, people will still need cars, so there will be more demand for other auto manufacturers to step up production, so then you would see Ford, Honda, Toyota, Subaru, Hyundai, etc, all expanding production and building new American plants and hiring more workers. Also, "foreign" companies like Honda, Toyota, Hyundai, etc all have been investing in America by moving production here, building new plants, etc. All the while "American" companies like GM have been closing plants and moving jobs that were once filled by Americans to places like Mexico and China. I have no respect for GM, and wouldn't buy any of their garbage before, and I definitely wouldn't touch a GM vehicle with a 10 foot pole now. I'm happy with my American-made Honda.....plus, it will be running strong long after a GM car would be in the junkyard.

Back to my original point, its time to be the free market we're supposed to be...."survival of the fittest."
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Old 06-02-2009, 10:13 AM
 
3,756 posts, read 9,562,450 times
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Quote:
Originally Posted by go phillies View Post
I'm not up for typing another long paragraph right now, so I'll copy and paste what I just posted on the off-topic political sticky thread:

I say if we are truly a free market, then we need to let the market decide which companies survive and which ones die out. The economy will correct itself.....if GM went under, sure in the short-term people would be out of work, but, people will still need cars, so there will be more demand for other auto manufacturers to step up production, so then you would see Ford, Honda, Toyota, Subaru, Hyundai, etc, all expanding production and building new American plants and hiring more workers. Also, "foreign" companies like Honda, Toyota, Hyundai, etc all have been investing in America by moving production here, building new plants, etc. All the while "American" companies like GM have been closing plants and moving jobs that were once filled by Americans to places like Mexico and China. I have no respect for GM, and wouldn't buy any of their garbage before, and I definitely wouldn't touch a GM vehicle with a 10 foot pole now. I'm happy with my American-made Honda.....plus, it will be running strong long after a GM car would be in the junkyard.

Back to my original point, its time to be the free market we're supposed to be...."survival of the fittest."
GoPhillies, very well said. This is what our country was built on, the free market.........how does this impact NEPA and the auto industry in this area?
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Old 06-02-2009, 11:36 AM
 
Location: AL resident in PA at every oportunity
172 posts, read 610,109 times
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The government now owns about 70% of GM. This is VERY bad for a capitilistic economy. The big issue is that the government can now tell GM what kind of cars to make, how to run things. This is not good. Too many people are ignorant of how socialism and communism work. It's the principle of boiling a frog slowly. If you put a frog into hot water, he'll jump out, but if you put him in tepid water and turn the heat up slowly, you can cook him. I see this principle at work in moving our country toward socialism.

Now about the unions. The reason GM has problems is because of its union's demands. If GM didn't have the money to fund the union demands, where will that money come from now? It will come from us, the taxpayers. Honda and Toyota aren't in the financial shape GM is. They don't have the union demands GM has either. The union killed GM. A few years ago, I saw a top-ten list of cities that were dying. Scranton and five Ohio cities were on the list. All of them were cities with strong union-backed industry. I think unions were wonderful and very much needed at one time, but now many of them -not all, but many- have surpassed the point of being helpful and have began causing problems with excessive demands. I know this area is a strong supporter of unions and I may be stepping on a lot of toes, but you asked for an opinion and there's mine.

Socialism is but one step from communism. A free market economy works. The government needs to leave it the hell alone.
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Old 06-02-2009, 11:42 AM
 
Location: AL resident in PA at every oportunity
172 posts, read 610,109 times
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Let me also say this. If the goverment owns so much of GM, I will NOT be buying a GM vehicle. Private industry and competition is the way to get a quality vehicle built.
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Old 06-02-2009, 11:51 AM
 
Location: Dallas, PA
1,418 posts, read 3,587,283 times
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Quote:
Originally Posted by RebelPhotog View Post
Let me also say this. If the goverment owns so much of GM, I will NOT be buying a GM vehicle. Private industry and competition is the way to get a quality vehicle built.

Oh I so agree with that....I will not be buying a car from GM (Governnment Motors). My next car is a Honda. They run forever
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Old 06-02-2009, 12:13 PM
 
3,756 posts, read 9,562,450 times
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Quote:
Originally Posted by EnyaGirl View Post
Oh I so agree with that....I will not be buying a car from GM (Governnment Motors). My next car is a Honda. They run forever
Enya, I have owned 5 hondas (currently own 2) they are well made. BTW gm stock is down to seventy five cents.
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Old 06-02-2009, 12:23 PM
 
Location: NE PA
7,931 posts, read 15,835,829 times
Reputation: 4425
Quote:
Originally Posted by RebelPhotog View Post
The government now owns about 70% of GM. This is VERY bad for a capitilistic economy. The big issue is that the government can now tell GM what kind of cars to make, how to run things. This is not good. Too many people are ignorant of how socialism and communism work. It's the principle of boiling a frog slowly. If you put a frog into hot water, he'll jump out, but if you put him in tepid water and turn the heat up slowly, you can cook him. I see this principle at work in moving our country toward socialism.

Now about the unions. The reason GM has problems is because of its union's demands. If GM didn't have the money to fund the union demands, where will that money come from now? It will come from us, the taxpayers. Honda and Toyota aren't in the financial shape GM is. They don't have the union demands GM has either. The union killed GM. A few years ago, I saw a top-ten list of cities that were dying. Scranton and five Ohio cities were on the list. All of them were cities with strong union-backed industry. I think unions were wonderful and very much needed at one time, but now many of them -not all, but many- have surpassed the point of being helpful and have began causing problems with excessive demands. I know this area is a strong supporter of unions and I may be stepping on a lot of toes, but you asked for an opinion and there's mine.

Socialism is but one step from communism. A free market economy works. The government needs to leave it the hell alone.
I'm not allowed to give you any more rep points until I spread some around, but here's 2 thumbs up for that post!
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Old 06-02-2009, 12:31 PM
 
5,047 posts, read 5,812,994 times
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Quote:
Originally Posted by go phillies View Post
I'm not allowed to give you any more rep points until I spread some around, but here's 2 thumbs up for that post!
I totally agree with the opinion of the union. While I am not anti union, god knows we all need them, but I think they are way way too strong and have too much power.

In Ireland years ago Fords and Dunlops closed. Why ; because unions, also because the employees in Fords were taking parts out daily.

d
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