President's Speech

AtlanticBlue99 · February 24th, 2009, 11:46 PM

Originally Posted by Arsenal

Oh I totally agree with you on that. I was just saying we shouldn't try to screw over China right now. One of the reasons (imo) american automakers are failing is because they're getting bent over by unions which they don't have in China. If workers want to keep their job for much longer, they're gonna have to stop demanding 70 bucks an hour in benefits to screw in a few nails.

No unions = why Toyota and BMW assemble vehicles in the south and ship them to be sold overseas. BMW has been great to SC.

ReverendDexter · February 24th, 2009, 11:49 PM

Originally Posted by Arsenal

Oh I totally agree with you on that. I was just saying we shouldn't try to screw over China right now. One of the reasons (imo) american automakers are failing is because they're getting bent over by unions which they don't have in China. If workers want to keep their job for much longer, they're gonna have to stop demanding 70 bucks an hour in benefits to screw in a few nails.

My understanding is the only way that'll happen is if the auto company in question is allowed to go under, thus negating any contractual obligations. The dilemma then becomes do you let the automakers go under, in the hopes that new manufacturers will spring up in their place? Or do you keep those companies propped up, so that the people they employ can keep their jobs?

Arsenal · February 24th, 2009, 11:49 PM

Originally Posted by JASonic

We are China's bitch right now.

indeed

AtlanticBlue99 · February 24th, 2009, 11:50 PM

Originally Posted by ReverendDexter

My understanding is the only way that'll happen is if the auto company in question is allowed to go under, thus negating any contractual obligations. The dilemma then becomes do you let the automakers go under, in the hopes that new manufacturers will spring up in their place? Or do you keep those companies propped up, so that the people they employ can keep their jobs?

I believe some firm would purchase up all the good assets as they reached the bottom. The worst thing that could happen is if we nationalized the industry to save it.

MamaStang · February 24th, 2009, 11:51 PM

Originally Posted by ReverendDexter

My understanding is the only way that'll happen is if the auto company in question is allowed to go under, thus negating any contractual obligations. The dilemma then becomes do you let the automakers go under, in the hopes that new manufacturers will spring up in their place? Or do you keep those companies propped up, so that the people they employ can keep their jobs?

Exactly....

It is a kernundrum.

Cool Bam · February 24th, 2009, 11:52 PM

I refuse to waste another second listening to his Bullshit. I don't hate the guy but for fucks sakes stop telling us the same shit over and over again. We learn absolutely nothing everytime he talks.

Just fix the damn country.

AND SPENDING ISN'T HELPING! Especially the majority of it going in effect 2011 - 2014.

Arsenal · February 24th, 2009, 11:54 PM

Originally Posted by AtlanticBlue99

No unions = why Toyota and BMW assemble vehicles in the south and ship them to be sold overseas. BMW has been great to SC.

Originally Posted by ReverendDexter

My understanding is the only way that'll happen is if the auto company in question is allowed to go under, thus negating any contractual obligations. The dilemma then becomes do you let the automakers go under, in the hopes that new manufacturers will spring up in their place? Or do you keep those companies propped up, so that the people they employ can keep their jobs?

EXACTLY!

The president's of the auto companies were not thinking ahead when they signed the union agreement papers. Andrew Carnegie would just fire everyone when they tried to form unions, and guess what, plenty of people were lined up to take those jobs.

There is a time and place for unions, but those times are gone.

ReverendDexter · February 24th, 2009, 11:55 PM

Originally Posted by AtlanticBlue99

I believe some firm would purchase up all the good assets as they reached the bottom. The worst thing that could happen is if we nationalized the industry to save it.

Yeah, last thing we need is another k-car generation. If the options become "National Motors Buerocrat-designed K-car" or "Sexy Korean Turbo RWD Coupe", who's seriously gonna buy the K-car?

AtlanticBlue99 · February 24th, 2009, 11:55 PM

Originally Posted by Cool Bam

I refuse to waste another second listening to his Bullshit. I don't hate the guy but for fucks sakes stop telling us the same shit over and over again. We learn absolutely nothing everytime he talks.

Just fix the damn country.

AND SPENDING ISN'T HELPING! Especially the majority of it going in effect 2011 - 2014.

Recession = reduction in GDP for 2 quarters.

GDP = Consumption + Investment + Government Purchases + Net Exports
Consumption is down.
Investment is down.
Net exports are down; in fact, imports are up since the goods are cheaper.

What is left? Gov't spending. Tell me how spending is not helping. As with any government, red tape is keeping the effects to a lag, but give it time. He is following economic theory.

It is what the spending is on that I do not agree with.

MamaStang · February 24th, 2009, 11:55 PM

If we stop spending the economy tanks. And fast.

Have to spend - but spend wisely and conservatively. And that's just what you and I do.

I have yet to hear a single action plan for anything....it's all hot air at this point. Sounds great - but how....

Cool Bam · February 25th, 2009, 12:00 AM

Originally Posted by AtlanticBlue99

Recession = reduction in GDP for 2 quarters.

GDP = Consumption + Investment + Government Purchases + Net Exports
Consumption is down.
Investment is down.
Net exports are down; in fact, imports are up since the goods are cheaper.

What is left? Gov't spending. Tell me how spending is not helping. As with any government, red tape is keeping the effects to a lag, but give it time. He is following economic theory.

It is what the spending is on that I do not agree with.

I stand corrected.

I like your last sentence also.

AtlanticBlue99 · February 25th, 2009, 12:00 AM

Originally Posted by MamaStang

If we stop spending the economy tanks. And fast.

Have to spend - but spend wisely and conservatively. And that's just what you and I do.

I have yet to hear a single action plan for anything....it's all hot air at this point. Sounds great - but how....

http://appropriations.house.gov/pdf/...ll01-15-09.pdf

Recovery.gov

ReverendDexter · February 25th, 2009, 12:00 AM

Originally Posted by MamaStang

If we stop spending the economy tanks. And fast.

Have to spend - but spend wisely and conservatively. And that's just what you and I do.

I have yet to hear a single action plan for anything....it's all hot air at this point. Sounds great - but how....

A big problem I see is a large labor pool, but not a lot of labor to be done. The only solution is to reduce the working population, or to create a new industry. The economy only works so long as money is exchanging hands. Overly simplified, when I buy something, the manufacturer of that good is able to pay his employees, who can buy the product that the company I work for makes, and thus I can stay employed.

Arsenal · February 25th, 2009, 12:03 AM

Originally Posted by ReverendDexter

A big problem I see is a large labor pool, but not a lot of labor to be done. The only solution is to reduce the working population, or to create a new industry. The economy only works so long as money is exchanging hands. Overly simplified, when I buy something, the manufacturer of that good is able to pay his employees, who can buy the product that the company I work for makes, and thus I can stay employed.

LANDSPEEDERS!!!

klouierocks · February 25th, 2009, 12:12 AM

Did anyone catch him saying America invented the car? lol

ReverendDexter · February 25th, 2009, 12:13 AM

Originally Posted by klouierocks

Did anyone catch him saying America invented the car? lol

We keep saying Columbus discovered America, too.

klouierocks · February 25th, 2009, 12:19 AM

Originally Posted by ReverendDexter

We keep saying Columbus discovered America, too.

but wasn't one of his big pluses was that he is sooooooooooooooooooooooooooooooooo smart?

ReverendDexter · February 25th, 2009, 12:21 AM

Originally Posted by klouierocks

but wasn't one of his big pluses was that he is sooooooooooooooooooooooooooooooooo smart?

You can be smart and be ignorant of certain facts.

97GT4.6 · February 25th, 2009, 02:45 AM

Originally Posted by Arsenal

...to screw in a few nails.

Don't nails get nailed in, not screwed? Your thinking of screws.

AB is right, the government needs to spend money to be able to help the economy get on the right track. But it should be spending it in ways that will help us get jobs, and have spending money to pump back into the economy.
I think its time to build another hoover dam.

Seabee · February 25th, 2009, 02:52 AM

i missed the speech, i passed out being the lazy ass that i am. But if its just the same stuff then i didnt miss much. In cali they are going to be raises the tax's alot for residents. It sucks, hope it doesnt happen to other states, like il, then id have to start paying. But thats just state, and hopefully it doesnt make it to federal.

February 24th, 2009, 11:55 PM	#30
MamaStang Top Down, Crunked Up 2005 Mustang GT Fast Enough for this old broad Join Date: Feb 2008 Location: Indiana Posts: 8,491 Blog Entries: 2 iTrader: 0 reviews	If we stop spending the economy tanks. And fast. Have to spend - but spend wisely and conservatively. And that's just what you and I do. I have yet to hear a single action plan for anything....it's all hot air at this point. Sounds great - but how.... __________________ Bassani & Topless Vert Crew Member #4 Let Me Help You Shop For The Ladies In Your Lives This Year! Click Here For Info

February 25th, 2009, 12:12 AM	#35
klouierocks Regular 2012 5.0 vroom Join Date: Jan 2008 Location: El PAso Posts: 261 iTrader: 0 reviews	Did anyone catch him saying America invented the car? lol __________________

February 25th, 2009, 02:52 AM	#40
Seabee Whatever it originally would be 05 Saleen #824 Fast as fuck Join Date: Mar 2007 Location: San Diego Ca/Beach Park IL Posts: 7,253 iTrader: 4 reviews	i missed the speech, i passed out being the lazy ass that i am. But if its just the same stuff then i didnt miss much. In cali they are going to be raises the tax's alot for residents. It sucks, hope it doesnt happen to other states, like il, then id have to start paying. But thats just state, and hopefully it doesnt make it to federal. __________________ MILITARY CREW ANTI ILLEGALS CREW FOUNDER

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February 24th, 2009, 11:52 PM	#26
Cool Bam Banned 87 stang + 97 ranger both combined i can't break 15 secs. Join Date: Jan 2009 Location: Somewhere in Cbus OH Posts: 476 iTrader: 0 reviews	I refuse to waste another second listening to his Bullshit. I don't hate the guy but for fucks sakes stop telling us the same shit over and over again. We learn absolutely nothing everytime he talks. Just fix the damn country. AND SPENDING ISN'T HELPING! Especially the majority of it going in effect 2011 - 2014.

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