acenipplelicker
Banned
as soon as trump won against carrier my carrier/Bryant AC broke and it cost me 1000 dollars
More Winning by Mr. Trump! Apple Could Start Building iPhones in U.S
- Thread starter Straight Shooter
- Start date
Can you believe this simpleton?
It wasn't Obama's auto bailout. It was U.S. taxpayer money buying these companies , which part of, they still own.
Which is exactly why Ford declined to participate.
Newsflash dumbfuck. Corporations don't pay taxes,the consumer does. Now the consumer will be paying 15 percent instead of one of the highest corporate rates in the world at 35 percent
Um. lower corporate tax rates reduce the cost of capital, making it less expensive to do business. Companies do not arbitrarily price goods or services just to line their pockets with as much money as they can. Their competition has something to say about that. There is no collusion, it's,called free market competition that drives supply and demand.
If Acme widgets wants to charge 700 dollars for their product but XYZ corp can make the same product and turn a profit at 400 bucks then Acme are simply committing fiscal suicide.
Jesus Christ , why do we even bother discussing business with liberals. Very few have ever ran one much less understand what it take to make one successful.
And eating into government revenues. When a business operates it uses resources and infrastructure that belong to the people, and pays compensation accordingly to the government of the people to protect those peoples interests. That is called tax. This is how economies and governments work. I know you don't understand anything about either of those things.
I don't know why you discuss anything with those you label liberals. We operate on facts and reality, and you just make shit up as you go, or regurgitate whatever the fuhrer has tweeted recently. That's why nobody will ever win a political argument.
acenipplelicker
Banned
they should use an iphone for a colonoscopy on Hillary- but she is probably to old to fit the recommended guidelines
Rey C.
Racing is life... anything else is just waiting.
No, that's entirely incorrect. You're mixing up the equity vs. the debt portion of the bailouts. By a stroke of luck, Ford had already sold assets and borrowed in the debt markets shortly before things went off a cliff - GM and Chrysler had not, or not to the degree that Ford did. And actually Ford was the heaviest automotive borrower under TARP. Ford Credit took $15.9 billion, GMAC took $13.9 billion, BMW took $6.2 billion, Chrysler took $4.9 billion and Toyota took $4.6 billion.
No it is not entirely incorrect
Ford did not take TARP money.
They did participate in loan programs previously in place as in the case of Ford Credit.
They also decided to stroke Obama and fast track more "energy efficient" vehicles.
The fact that they agreed and were not forced to proves that they were not kissing the ring of government as GM and Chrysler.
Rey C.
Racing is life... anything else is just waiting.
My mistake, it wasn't under TARP. But it also wasn't a program that was previously in place. It was the Fed buying a total of $45.1 billion in commercial paper from the credit arms of the automakers that I mentioned from October 2008 through June 2009. This facility was created in direct response to the recession and credit crisis. Ford and the others needed this to keep their lending arms afloat because the credit markets had frozen up.
But don't get it twisted... I have the utmost respect for how Alan Mulally ran Ford when he was CEO. Other than Jim Hardymon, he's the CEO that I admire the most. I still have the interview that he did with Bloomberg News on DVR, where he demonstrated what a candid, straight shooter he was. He's not into partisan politics or being some sort of "rah-rah" firebrand. He demonstrated an ability to work with people on both sides of the aisle. He served on the President’s Export Council and he did a great job of breaking down the bureaucratic walls at Ford. And yeah, I liked how he handled himself when the auto execs went before Congress in 2008. When they were all asked if they'd accept a $1/year salary, Mulally initially said that he was quite satisfied with his current salary (with a wry smile on his face - cool moment, IMO). But he later agreed to cut his salary to $1, along with Rick Wagoner and Bob Nardelli. But Mulally's agreement was contingent on Ford having access to a $25 billion Federal loan should it be needed. He was most definitely not opposed to the auto bailout and has said so in every interview that I've heard.
Even though Alan Mulally is gone from Ford now, I continue to have Ford as my top automotive holding. And even though it's been dead money for awhile, I'm in sit & wait mode because of #1) the 6%+ dividend and #2) they're making major advances in EV and autonomous vehicles.
But don't get it twisted... I have the utmost respect for how Alan Mulally ran Ford when he was CEO. Other than Jim Hardymon, he's the CEO that I admire the most. I still have the interview that he did with Bloomberg News on DVR, where he demonstrated what a candid, straight shooter he was. He's not into partisan politics or being some sort of "rah-rah" firebrand. He demonstrated an ability to work with people on both sides of the aisle. He served on the President’s Export Council and he did a great job of breaking down the bureaucratic walls at Ford. And yeah, I liked how he handled himself when the auto execs went before Congress in 2008. When they were all asked if they'd accept a $1/year salary, Mulally initially said that he was quite satisfied with his current salary (with a wry smile on his face - cool moment, IMO). But he later agreed to cut his salary to $1, along with Rick Wagoner and Bob Nardelli. But Mulally's agreement was contingent on Ford having access to a $25 billion Federal loan should it be needed. He was most definitely not opposed to the auto bailout and has said so in every interview that I've heard.
Even though Alan Mulally is gone from Ford now, I continue to have Ford as my top automotive holding. And even though it's been dead money for awhile, I'm in sit & wait mode because of #1) the 6%+ dividend and #2) they're making major advances in EV and autonomous vehicles.
What's funny is that, for 8 years, each time a company announced that it would fire people, it was bnecause of Obama (but when it hired people, no one dared crediting Obama for that).
Now, each time a company announces it will hire people, it's thank to Trump (but when it fires people, no one would blame Trump for that).
Can you name any industry that Obama courted besides green companies and trying to nationalize the automotive industry?
Trump owns this issue and is already getting results.
acenipplelicker
Banned
that should be a real card
Please Mr. Trump stop with the winning! Save some winning for the new year ok?
Can we hold Obama over for an extra week just so we can remember what losing was like?
Steve Wynn couldn't take this much winning!
http://www.foxnews.com/politics/201...orce-one-for-less-after-trump-complaints.html
Can we hold Obama over for an extra week just so we can remember what losing was like?
Steve Wynn couldn't take this much winning!
http://www.foxnews.com/politics/201...orce-one-for-less-after-trump-complaints.html
acenipplelicker
Banned
this could be a good 4 panel postage stamp w ivanka included
bobjustbob
Proud member of FreeOnes Hall Of Fame. Retired to
Oh no, that ain't going to happen. The beautiful part of this was he didn't have to go through congress. The Art of the Deal. Finally a republican that can be fiscally conservative. No more $500 hammers and screw drivers.
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