Car Forum / Ford / Ford Cars / January 2009
Any of the Prez candidates Pro US auto Industry?
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Gomer Pyloshit - 27 Oct 2008 18:14 GMT If so who? I have a frieind in the detroit area and he and others are taking beating.
Ed White - 28 Oct 2008 03:25 GMT > If so who? I have a frieind in the detroit area and he and others are > taking beating. My guess is that Obama is most likely to be pro unionized US domestic manufacturers, but it is only a guess.
Ed
Mike Hunter - 28 Oct 2008 15:08 GMT Me thinks Obama intent to increase corporate and capital gain taxes will harm the auto industry and American auto workers, as well as all other American manufactures. Everybody knows corporations do not pay taxes, they pass them through to the consumer and they do it at a percentage of profit.
One can look forward to even MORE jobs going off shore as manufactures try to compete with imports that are not subject to US taxes or extraordinary regulations. I would not be surprised to see American corporations, that operate internationally, moving their headquarters offshore as well. GM and Ford would be much better off operating as Dubai corporations
The Japanese already have a huge advantage in the US in that they do not pay any US federal corporate income taxes on the profit earned in the US. Raising taxes even higher, to buy votes for all of the "free" stuff Obama is promising, will only make it harder to compete with imports of all types.
Americans are not like the Japanese, who support their own industries, Americans will buy from anywhere if they think they can save a few dollars. Just look how much they buy now of the products made in China without regards to how it effects their own jobs.
It seems to me the polls, showing Obama will win, is one of the primary things that are fueling the fall in the stock market today. Especially when one considers the fact that new, and formerly owned, home sales were up two percent and the umimployment rate went down last month and it appears to be getting even better so far this month, the market should not be going down but it is.
>> If so who? I have a frieind in the detroit area and he and others are >> taking beating. [quoted text clipped - 3 lines] > > Ed Ted Mittelstaedt - 29 Oct 2008 04:54 GMT > Me thinks Obama intent to increase corporate and capital gain taxes will > harm the auto industry and American auto workers, as well as all other [quoted text clipped - 24 lines] > getting even better so far this month, the market should not be going down > but it is. The Republicans got us to this point, and it is a Republican president with a large enough number of Republicans in Congress right now to stymie any real attempt at a Democratic agenda, so it is pretty clear to most people that you are off your rocker.
No matter how bad the Democrats are, once they get their filibuster-proof majority and their President in office, it couldn't possibly be any worse than what we have now.
Ted
Itsfrom Click - 29 Oct 2008 15:49 GMT re: "......couldn't possibly be much worse than what we have now." To paraphrase, I think a lot of people are going to find that they should have been more careful about what they wished for.
I'm no economist, but starting to hear pundits admit that some of the stock market uncertainty is over the likely business climate once the Dems are in complete control. Yesterday, a major sports team owner said he'll be selling the team before capital gains taxes go up. Yes, I think we'll see a lot of corporate headquarters/ownership moving overseas: when Anhueser-Busch was bought, the reports were that their corporate takes immediately dropped 48% as the new headquarters is overseas.
On a personal level, I'm not looking forward to higher taxes......and the plan to nationalize 401(k)s is scary. On a paranoid level, how much of the current world-market chaos is being manipulated by the one-world internationalists......or our friends in OPEC? Just now listening to a radio report: National City Bank (Cleveland) got stuck with a lot of the worthless mortgages (Thank You Clnton/Franks/Dodd) but their stock really started to plunge with unfavorable articles and "sell short" recomendations from pundits who turn out to have vested interests. National City totters on the brink, so PNC comes along and buys them at bargain basement price......with money provided by taxpapers thru the bailout program.....PNC essentially is getting National City for free and making a killing. And how many thousands of jobs will that cost?
Oh well.......I continue to be amazed when people continue to believe anything politicians say.....especially one who started his campaign by lieing about how he would fund it.
Mike Hunter - 29 Oct 2008 18:24 GMT You are entitled to your own opinion no matter how convoluted it may be, but what I posted is factual.
>> Me thinks Obama intent to increase corporate and capital gain taxes will >> harm the auto industry and American auto workers, as well as all other [quoted text clipped - 47 lines] > > Ted Tyrone Lamont Epstein - 02 Nov 2008 06:59 GMT > You are entitled to your own opinion no matter how convoluted it may be, > but what I posted is factual. No what you posted is simply a biased opinion.
I M - 02 Nov 2008 13:19 GMT careful.....there are people too dumb to know you're kidding......
I got a kick out of the Obama supporter on the radio yesterday: she can't wait until Nov 5th when she won't have to worry about paying her mortgage, the high price of gas or all her bills........can you believe it - she sounded serious !!!!!!!
Mike Hunter - 02 Nov 2008 17:11 GMT There are only a few qualifications for one to vote, be of age and be a citizen, and we can't even be sure if that is correct today. LOL
> careful.....there are people too dumb to know you're kidding...... > > I got a kick out of the Obama supporter on the radio yesterday: she > can't wait until Nov 5th when she won't have to worry about paying her > mortgage, the high price of gas or all her bills........can you believe > it - she sounded serious !!!!!!! I M - 02 Nov 2008 18:01 GMT Yeah, Mike.....that's what this country is supposed to be about: each citizen's right to vote.....and everyone's vote carrying equal weight whether they're white/black, rich/poor, etc. Hell, THAT'S what hundreds of thousands have given their lives for.
We have to accept it when others don't agree with us and their vote disagrees with ours........even if they are uninformed or just plain dumb.
But now we have a candidate whose election will be based on deceit and corruption.......we can't expect good fruit from rotten seed, but those who think that they will be in line for handouts consider the end justifies any means. There's still no such thing as a free lunch: they think that "the other guy" is going to pay their way for them.......wait 'till they find out that they are the other guy, too.
Mike Hunter - 02 Nov 2008 17:08 GMT I guess we can assume you skipped your Economics 101 glass, it you think that was an opinion. ;)
>> You are entitled to your own opinion no matter how convoluted it may be, >> but what I posted is factual. >> > No what you posted is simply a biased opinion. Tyrone Lamont Epstein - 30 Oct 2008 03:50 GMT > Me thinks Obama intent to increase corporate and capital gain taxes will > harm the auto industry and American auto workers, as well as all other [quoted text clipped - 33 lines] >> >> Ed Obama is hell bent on seeing the US auto industry survive, just listen to his speeches on how wants manufacturing bought back to the US as well as the US auto industry on solid footing.
Kurt Ullman - 30 Oct 2008 12:14 GMT > Obama is hell bent on seeing the US auto industry survive, just listen to > his speeches on how wants manufacturing bought back to the US as well as the > US auto industry on solid footing. Usually followed or preceded by a promise to increase taxes on corps. Can't have it both ways economically.
Itsfrom Click - 30 Oct 2008 13:06 GMT well, he's being good to the tobacco and beer companies: you get free cigarettes and drinks if you vote for him here (Ohio).
Mike Hunter - 30 Oct 2008 15:11 GMT You obviously have never owned a business! How can you believe that he wants to "help" corporations when he is TELLING you he will raise taxes on corporations and capital gains, that will make it even more difficult to manufacture anything in the US?
How often has he said he will not give tax brakes to corporation the send jobs overseas? The fact is there is NO IRS regulation that results in, or even offers, a tax deduction to ANY US corporation "for sending jobs over seas."
>> Me thinks Obama intent to increase corporate and capital gain taxes will >> harm the auto industry and American auto workers, as well as all other [quoted text clipped - 30 lines] > his speeches on how wants manufacturing bought back to the US as well as > the US auto industry on solid footing. Tyrone Lamont Epstein - 02 Nov 2008 06:48 GMT > You obviously have never owned a business! How can you believe that he > wants to "help" corporations when he is TELLING you he will raise taxes on [quoted text clipped - 40 lines] >> his speeches on how wants manufacturing bought back to the US as well as >> the US auto industry on solid footing. Tyrone Lamont Epstein - 02 Nov 2008 06:55 GMT > You obviously have never owned a business! How can you believe that he > wants to "help" corporations when he is TELLING you he will raise taxes on [quoted text clipped - 5 lines] > or even offers, a tax deduction to ANY US corporation "for sending jobs > over seas." There is no getting around paying taxes, We all will pay, its just a matter of how much. I would rather have big business pay more taxes than me, yet I am still for big business so your comment really makes no sense about can't have it both ways. If a company is on solid footing then paying taxes will not kill the company. If you run your business right then taxes will not make or break your business. And yes I have owned a business.
Mike Hunter - 02 Nov 2008 17:06 GMT Like I said, you obviously have never owned a business! I have, and like every other business when ones costs of doing business go up, be it taxes, government regulations, material or labor cost, those costs are passed on to the consumer, at the percentage of profit at which one operates.
Historically the Democrats have tax business so you do not know that it is you the consumer that actually pays those taxes. The result is it becomes more difficult to do business in this county when one has so many foreign cooperators that do not have anywhere near the costs imposed on US businesses thus sending more jobs offshore.
You can bet YOU do not pay anywhere near the current 43% of what your earn to the federal government, as does a business on its profits, over and above all other state and local taxes paid by business.
>> You obviously have never owned a business! How can you believe that he >> wants to "help" corporations when he is TELLING you he will raise taxes [quoted text clipped - 13 lines] > then taxes will not make or break your business. And yes I have owned a > business. Corny Collins from Baltimore - 11 Jan 2009 18:16 GMT > Like I said, you obviously have never owned a business! I have, and like > every other business when ones costs of doing business go up, be it taxes, [quoted text clipped - 28 lines] >> then taxes will not make or break your business. And yes I have owned a >> business. Wow...looks like Obama was for helping the US auto industry after all, since he was all for the loan approval, pretty much kills your theory/opinion.
I M - 28 Oct 2008 15:10 GMT just a guess, but would think that McCain would want us to drill for enough domestic oil to keep our cars running until better technology is ready and we don't have to be dependent on our overseas "friends"......and Obama will want to raise taxes on car makers, oil companies and any who can afford a new car. 'Course, McCain's ideas would never get past Harry and Nasty........but the Dems are going to have their way with us. Scary times ahead.
Ted Mittelstaedt - 29 Oct 2008 05:06 GMT > If so who? I have a frieind in the detroit area and he and others are taking > beating. The key here is to get the US consumers to start selecting US-made products again, including cars. As many have observed, years ago Detroit did make a lot of crap, but when they got severely beaten, they cleaned up their act in the quality department. The problem now though is that you cannot erase 20 years of producing vehicles with shoddy workmanship with a couple of years of producing vehicles with good workmanship. It will take another 20 years of Detroit producing vehicles with good workmanship to regain their customer trust, and reputation, and it might take even longer.
As my mother observed to my sister when she was a girl, once you get labeled a slut, the label sticks, so don't open your legs to any guy that happens to come rolling by. (she actually never said that but you get the idea)
The only thing the President really could do is use his office as a bully pulpit to tell Americans to act responsibly and give their money to companies that their friends and neighbors work for, to help keep their friends and neighbors working, so that their neighbors will give their money to the companies that they work for when they buy products to keep them working. While this may not immediately help the situation it might tip the balance when customers are trying to decide against 2 different products.
In my opinion Obama seems to have a much clearer grasp of this concept than McCain does.
Ted
Corny Collins from Baltimore - 11 Jan 2009 18:19 GMT >> If so who? I have a frieind in the detroit area and he and others are > taking [quoted text clipped - 28 lines] > > Ted I think it would be a lot less than 20 years if done right. All it takes is a few home run hit cars to get peepls attention.
Mike Hunter - 11 Jan 2009 19:16 GMT What brand, model and year was the last domestic car that you owned, that was crap? What brand, model and year do you own now? Do you buy your cars new or used?
>> The only thing the President really could do is use his office as a >> bully pulpit to tell Americans to act responsibly and give their [quoted text clipped - 12 lines] > I think it would be a lot less than 20 years if done right. All it takes > is a few home run hit cars to get peepls attention. Gosi - 11 Jan 2009 20:33 GMT > What brand, model and year was the last domestic car that you owned, that > was crap? What brand, model and year do you own now? Do you buy your cars > new or used? Who the hell do you think will answer your constant stupid questions ... LOL
Mike Hunter - 12 Jan 2009 15:35 GMT If one wants to share their opinion with others should we NOT know from where they acquired that opinion? Just as we KNOW, from what you post, that your opinions on most everything is not worth reading, let alone placing any validity in that opinion LOL
On 11 Jan, 19:16, "Mike Hunter" <mikehunt2@lycos/com> wrote:
> What brand, model and year was the last domestic car that you owned, that > was crap? What brand, model and year do you own now? Do you buy your cars > new or used? Who the hell do you think will answer your constant stupid questions ... LOL
Corny Collins from Baltimore - 14 Jan 2009 05:07 GMT > What brand, model and year was the last domestic car that you owned, that > was crap? What brand, model and year do you own now? Do you buy your [quoted text clipped - 16 lines] >> I think it would be a lot less than 20 years if done right. All it takes >> is a few home run hit cars to get peepls attention. All my cars have been American except for a VW beetle I had for a short time. None of my cars have been crap except the VW was cheaply made but fun around town.
mr. spam - 23 Jan 2009 23:12 GMT > What brand, model and year was the last domestic car that you owned, that > was crap? What brand, model and year do you own now? Do you buy your cars [quoted text clipped - 16 lines] >> I think it would be a lot less than 20 years if done right. All it takes >> is a few home run hit cars to get peepls attention. face it
cars are usually only as crappy as their owners let them be.
if you were to hop in my 1996 neon you would says its crap but i know i need a to spend a few bux on it right now. everyone at one time or another has NOT done what is required to keep their car in good condition and then called the car crap. so as to your question ALL NEWER CARS ARE CRAPPIER THAN OUR OLD BEAUTIES that we all fondly remember. Harder to work on more expensive to fix.... wait isnt that just progress. I seem to remember everything was cheaper (or so mydad says LOL) Just remember not all of our memories can be trusted as time goes by.
Mike Hunter - 24 Jan 2009 19:44 GMT "That uniformed or misinformed comment does not deserve a reply"
>> What brand, model and year was the last domestic car that you owned, that >> was crap? What brand, model and year do you own now? Do you buy your [quoted text clipped - 29 lines] > remember everything was cheaper (or so mydad says LOL) Just remember not > all of our memories can be trusted as time goes by. Dipstick - 05 Nov 2008 02:41 GMT It doesn't make a difference what the presidential candidates are for. If the US auto industry is to survive, they need the US people to support them, not the US Government.
> If so who? I have a frieind in the detroit area and he and others are taking > beating.
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