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Originally Posted by BigAls87Z28
Congrats, you can say wow. English isnt so bad now is it?
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No it's not, I can actually say it in 3 languages.
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Id say that MOST of the people that "will never buy again" due to a failure in thier car turned out to be an OE, or Operator Error.
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Stats? You can't just tell me "most" and leave it at that. Anyone can pull out random numbers.
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Can I blame the people who have a bad taste in thier mouth? No. But to totaly ignore, remove themselves from the thought of every owning ANY American automobile ever again because thier Geo Metro was a POS.
Im not saying that people should buy American to be American. But people need to due thier own research, test drive the cars, and be happy with thier purchase.
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I'm all for it, but the problem is once someone had a bad experience they tend to stay away from the product. When I will be buying a car there is no doubt that I will do my research and not just plainly go on some stupid myth. But that is me, we as car enthusiasts are not "average" Americans who do not know how to replace a tire, we have more info to base our decision on unlike them. We can make a better choice, for most people cars are an A to B transport and nothing more. So if they bough GM ten years ago, and it broke down 9 times in 36 months and later they bought a honda that did not, well why would they switch back?
Once again I'm all for shopping around, and I'm not one of the people who would ignore a car for a past manufacturers mistake, but we are not talking about me here.
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People do want the Big 3 to have the money. Most people are upset that they will get it with no strings attached. But most people do want this.
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Last time I saw a poll on this it was 65% against. But feel free to prove me wrong with some data.
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My point is...why do we have to give the banks the other 350billion? I dont see the need. Banks seem to be doing ok now. Outside of Citi cutting 53k people today, rates are cut so low that there is no reason the banks should not be lending.
I say throw 200billion back into the kitty, and 150b to the Big 3 and Tier 1 suppliers to sure them up.
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I say stop PRINTING money and stop giving them away to ANYONE. No one has addressed the issue of inflation and how that would be horrible for our future. Sure it is not that hard to print a few trillion dollars, but I do not want to live in Zimbabwe.
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Then you move foward to prevent this from happening again. The Big 3 must move towards profitability, and the goverment must work with them for that goal.
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For some reason I doubt that Big 3 will turn over night. Maybe it's just me.
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Prices of food have been climing for many reasons. First it was fuel costs, then it was costs of something else, now its inflation.
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They have been climbing because of inflation, with a few other causes. They just didn't say that on TV.
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Its not as simple as just finding another job. If 16% of Americans dont have a job to spend money, then even places like walmart will not be able to hire the people because no one is spending becaue no one has money.
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Actually Wal Mart is posting record profits, Aldi is expanding at a rate of 100 stores per year. I could look up some other retail food stores that I'm sure are not doing terribly too bad (as long as they are not over priced) but I have to go to class soon.
When people do not have money, THEY WILL GO TO ALDI AND WAL MART because they are cheaper = more expansion for both of the above = more work. I do not think they would be expanding if they were suffering losses, especially aldi because they operate on cash only policy.
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Towns will colapse, the city of Detroit will become a ghost town, industry as a whole will falter faster then ever before.
America will lose its core manufacturing and industry OVERNIGHT!!!
You know what, the Big 3 are also some of the largest purchasers of medication for the UAW, but guess what will happen when they cant buy the drugs? Drug companies will then take a hit, healthcare for the US will dry up. Beyond the secondary supplier jobs, it would hit so hard.
And who is gunna build all our wepons? With most of all the major manufacturing gone, it will be outsourced.
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Look up the sky is falling.
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Its a big more complicated then just getting a job at Walmart. When 3 million people are jobless overnight, in an economy where no one is hiring, its gunna hurt REAL bad. Its not like we have this vast and expansive job bank for Americans to fill.
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Plenty of places are hiring, at least right now. You just have to search for it.
I just clicked on my schools website, and we have 44840 job openings RIGHT NOW, in all sorts of different fields! Strangely enough I do not want any of them, but that doesn't mean that there aren't any opportunities.
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Originally Posted by NJSPEEDER
Good, so your example is a few people looking for a job, how does that apply to a scale of millions? Are there a million openings at WalMart? How about the local grocery store? Does every employee have the knowledge or education to adapt to every job opening in the paper? Do all of these newly unemployed have the savings or opportunity to get re-educated to qualify for other positions? Would a few million people be able to find new jobs at comparable income levels to continue to contribute the same way to the economy?
The answer to all of these questions is no.
Just like so many other debates you enter, it is clear that despite all of the reading you have obviously done, you have no concept of scale.
-Tim
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If you made yourself obsolete throughout your career and can not find a job, that is your problem. Stop being one dimensional. I'm a big believer in personal responsibility, it doesn't seem like many people here are. And I clearly do know that giving away money that one does NOT have is BAD. What was that debt thingy again? Oh yea, 10,632,143,514,606.64 (that's in trillion for people who do not know numbers) at this very second. That means I (and YOU) owe about 35k, for what? I have never been late on any payment in my life, in fact my credit score is in higher 700's, which is top 2% of the country. Yet people want to be in bigger debt which will eventually lead to a default. Lets print more money!!!
Hey I wanna buy a Ferrari F-430, lend me some money!
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Originally Posted by 1QWIKBIRD
Congrats to you and your family, but you "did it" during a robust U.S economy, which no doubt provided more opportunity than a crippled U.S ecocnomy. That is undeniable.
Wonder what would happen if you "did it" when the bottom has fallen out of the economy with soaring inflation and unemployment? I applaud your family's efforts and I agree that some people need to get off their @$$ and get to work, but don't oversimplify.
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I do not want any part of my mothers credit, I did not do anything, she did. With that said, she worked in Stop and Shop and Cleaned peoples apartments when she got here. Those jobs will be here no matter what. Rich will always be rich, and well Wally World is doing pretty good. Hell my dad used to ref little league games for extra 50 bucks on the weekend, or right before he got to work. As Adidas says, Impossible is nothing - and to me people are just lazy and want a hand out (for the most part)