Posted on December 20, 2008 by jeffsher63
Ford has a state-of-the-art auto plant Camacari, Brazil that can simultaneously manufacture 5 different cars. As the commentator on this video notes, the UAW will not accept a plant like this in the US. I remember reading about this plant a few weeks back, and I believe the cost of the plant when it was [...]
Filed under: Economy | Tagged: Auto bailout, camacari, uaw | 7 Comments »
Posted on November 10, 2008 by jeffsher63
Here comes yet ANOTHER bailout BOHICA.
We (taxpayers) loaned US automakers a mere $25 BILLION in September, and they are now looking for another $50 BILLION. What will it be in 2 MORE months-$100 billion?
Why are we doing this? The rationale seems to be that if GM, Ford, and/or Chrysler were to go out of business, [...]
Filed under: Economy | Tagged: bailout, bohica, Obamanation, uaw | Leave a Comment »