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Can America Survive Without Detroit?
All Reader Comments
page 11 of 22
Rob Yarger
Dec 6, 2008 5:24 AM GMT
THANK YOU ED!!!!
You are one of the few elite people in the media/journalist club that is actually able to use your mind and come up with an intelligent argument for giving Detroit the LOAN it's asking for!!!
So Thank you for that.
I'm a auto worker and let me set all of the members of the Flock straight......I do NOT make $70 some dollars an hour!!!!!! I'm so sick of the mindless wonders out there that keep throwing this figure around as the gospel. The real number is right around $30 per hour give or take a dollar or two (and this is the upper pay range for a skilled tradesman).
Wake up America......use your minds and do the research. Find out what the real truth is and stop being one of the Flock sitting there glued to your TV or pc just accepting what ever it is they feel like telling you.
The general media in this country has a bad habit of taking a "key word" or "key phrase" and just betting it down into the ground without checking to see if its really true.
Everyone knows that shock and despair is what sells, not stories of up lifting and honest tales of the good things that happen in this great nation of ours.
Help Detroit out and help save America
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Ed Wallace
Dec 6, 2008 2:18 AM GMT
To everyone,
I want to thank all that have been kind enough to take the time to share their comments on my column. It is obvious from the varied responses that this issue is one of great emotion.
Sadly, some of the some disappointing comments from from those who simply don't like cars, dealers, unions or anything else automotive.
Additionally, many of the arguments made are based on information thirty years out of date. American corporate taxes are high, but with deductions our companies aren't in the top ten internationally for the tax bite. In any case, Detroit has lost money in many years and have tax credits they can use years into the future.
It should also be noted that many countries support their auto industry in ways we don't. If you doubt that, just look at the rise of China.
Those who question the sales of Taurus against the Avalon, facts are facts and they were stated. The Taurus sells better and at a lower price. That point alone ruined Mr. Romney's argument.
To Gooddebate, I've watched Other People's Money many times. It also brings up many of these issues in a balanced debate, but it's a movie, not real life.
Thanks again to everyone.
Ed
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Tom
Dec 6, 2008 12:08 AM GMT
If the auto makers get the money and use it to produce vehicles, are consumers really ready to buy them? Or will they just sit in inventory?
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Dave
Dec 6, 2008 12:04 AM GMT
Very interesting and insightful analysis. Thank you Ed Wallace.
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RandyMIller
Dec 5, 2008 10:11 PM GMT
All the pundits are saying no one will buy cars from a company in bankruptcy because of the warranty. That speaks volumes about Detroit, because everybody is betting that there will be some major problem with the car. They don't trust Detroit to build good cars. I can get any repair I want on a 1996 Kia, there are aftermarket parts suppliers for anything you want. Yes, we do worry that if we drive a GM product out of the showroom, we might be looking at a very expensive repair in a few months. Do Toyota and Honda drivers have the same level of anxiety?
And UAW president Givethefinger just keeps saying to shove money at them because America will fall apart if the don't. Tell Detroit no money until the UAW gives commitments in writing, instead of promises to negotiate after they get the money.
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Steve
Dec 5, 2008 9:42 PM GMT
Buy a Nissan - MADE IN THE USA. Let the steady decline that began decades ago finally end. The UAW has finally killed the goose.
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jerry R. McInnis
Dec 5, 2008 8:27 PM GMT
Right on JKG. It was not the auto industry that spearheaded this forclosure mess that sank the economy. They are in-part a victim of it. Grapsed in the tenacles of the financial institutions credit squeeze.
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jerry R. McInnis
Dec 5, 2008 7:59 PM GMT
Please congress, let common sense prevail. Delay the inevitable if we must. Show mercy. Grant the big three, the United Auto Workers and it's subsidiaries a stay so efforts can be made to withstand an onslaught on the American economy that would make the economic disaster of hurricane Ike and Katrina look pale
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logic
Dec 5, 2008 6:55 PM GMT
But..but..President Reagan and economist Mankiw and the Heritage Foundation promised us that virtual service jobs would make it all OK! Surely they weren't dead wrong? Right?
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dw
Dec 5, 2008 6:49 PM GMT
If they do leave, we can have the best tag line for an economy ever. The economy about nothing as we have nothing left to offer any body else.
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return to story
Can America Survive Without Detroit?
All Reader Comments
page 11 of 22
Rob Yarger Dec 6, 2008 5:24 AM GMT THANK YOU ED!!!! You are one of the few elite people in the media/journalist club that is actually able to use your mind and come up with an intelligent argument for giving Detroit the LOAN it's asking for!!! So Thank you for that. I'm a auto worker and let me set all of the members of the Flock straight......I do NOT make $70 some dollars an hour!!!!!! I'm so sick of the mindless wonders out there that keep throwing this figure around as the gospel. The real number is right around $30 per hour give or take a dollar or two (and this is the upper pay range for a skilled tradesman). Wake up America......use your minds and do the research. Find out what the real truth is and stop being one of the Flock sitting there glued to your TV or pc just accepting what ever it is they feel like telling you. The general media in this country has a bad habit of taking a "key word" or "key phrase" and just betting it down into the ground without checking to see if its really true. Everyone knows that shock and despair is what sells, not stories of up lifting and honest tales of the good things that happen in this great nation of ours. Help Detroit out and help save America
Link to this comment
Ed Wallace Dec 6, 2008 2:18 AM GMT To everyone, I want to thank all that have been kind enough to take the time to share their comments on my column. It is obvious from the varied responses that this issue is one of great emotion. Sadly, some of the some disappointing comments from from those who simply don't like cars, dealers, unions or anything else automotive. Additionally, many of the arguments made are based on information thirty years out of date. American corporate taxes are high, but with deductions our companies aren't in the top ten internationally for the tax bite. In any case, Detroit has lost money in many years and have tax credits they can use years into the future. It should also be noted that many countries support their auto industry in ways we don't. If you doubt that, just look at the rise of China. Those who question the sales of Taurus against the Avalon, facts are facts and they were stated. The Taurus sells better and at a lower price. That point alone ruined Mr. Romney's argument. To Gooddebate, I've watched Other People's Money many times. It also brings up many of these issues in a balanced debate, but it's a movie, not real life. Thanks again to everyone. Ed
Link to this comment
Tom Dec 6, 2008 12:08 AM GMT If the auto makers get the money and use it to produce vehicles, are consumers really ready to buy them? Or will they just sit in inventory?
Link to this comment
Dave Dec 6, 2008 12:04 AM GMT Very interesting and insightful analysis. Thank you Ed Wallace.
Link to this comment
RandyMIller Dec 5, 2008 10:11 PM GMT All the pundits are saying no one will buy cars from a company in bankruptcy because of the warranty. That speaks volumes about Detroit, because everybody is betting that there will be some major problem with the car. They don't trust Detroit to build good cars. I can get any repair I want on a 1996 Kia, there are aftermarket parts suppliers for anything you want. Yes, we do worry that if we drive a GM product out of the showroom, we might be looking at a very expensive repair in a few months. Do Toyota and Honda drivers have the same level of anxiety? And UAW president Givethefinger just keeps saying to shove money at them because America will fall apart if the don't. Tell Detroit no money until the UAW gives commitments in writing, instead of promises to negotiate after they get the money.
Link to this comment
Steve Dec 5, 2008 9:42 PM GMT Buy a Nissan - MADE IN THE USA. Let the steady decline that began decades ago finally end. The UAW has finally killed the goose.
Link to this comment
jerry R. McInnis Dec 5, 2008 8:27 PM GMT Right on JKG. It was not the auto industry that spearheaded this forclosure mess that sank the economy. They are in-part a victim of it. Grapsed in the tenacles of the financial institutions credit squeeze.
Link to this comment
jerry R. McInnis Dec 5, 2008 7:59 PM GMT Please congress, let common sense prevail. Delay the inevitable if we must. Show mercy. Grant the big three, the United Auto Workers and it's subsidiaries a stay so efforts can be made to withstand an onslaught on the American economy that would make the economic disaster of hurricane Ike and Katrina look pale
Link to this comment
logic Dec 5, 2008 6:55 PM GMT But..but..President Reagan and economist Mankiw and the Heritage Foundation promised us that virtual service jobs would make it all OK! Surely they weren't dead wrong? Right?
Link to this comment
dw Dec 5, 2008 6:49 PM GMT If they do leave, we can have the best tag line for an economy ever. The economy about nothing as we have nothing left to offer any body else.
Link to this comment
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