What good is giving any money to the Auto Companies if nobody is buying cars?
I think a better approach would be to tax credits or tax deductions to anyone who buys a car in the next 6 months. Another approach would be to require banks start making car loans again. I doubt if I could get a car loan now. ************************************************* Impeach Blagolevich http://www.cafepress.com/rightwingmike --- On Fri, 12/12/08, Stephen Russell <[email protected]> wrote: > From: Stephen Russell <[email protected]> > Subject: [OT] Auto Industry problems can there be a quick/stupid fix > To: "ProFox Email List" <[email protected]> > Date: Friday, December 12, 2008, 2:01 PM > I watch and read about the current state of the big 3 and > wonder what > they are expected to do with the money they receive? Are > they going > to shore up cash for capital expenditures for switching > over to fuel > efficient devices? Are they going to infuse their own in > house banks, > GMAC and whomever is Ford's? If those billions roll to > FUND purchases > that would be a step forward in getting IRON moving. > Because right > now IRON is just standing still. > > Could those [ banks ] generate a new contract that > identifies the > possibility of your losing a job in the short term and > provide > leniency if it is documented back to the lender? > > Would the whole repossession system stop the old way of > shuttling the > assets to the auction where we can get a better price, and > keep them > local to be resold? > > Last, will the Big 3 start their own floorplan system for > resellers > for the short term instead of making them get the funding > on the > dealership level? > They made those beasts, at least help the local dealers > hold on to them longer. > > Any comments? > > -- > Stephen Russell > Sr. Production Systems Programmer > Mimeo.com > Memphis TN > > 901.246-0159 > > > _______________________________________________ > Post Messages to: [email protected] > Subscription Maintenance: > http://leafe.com/mailman/listinfo/profox > OT-free version of this list: > http://leafe.com/mailman/listinfo/profoxtech > Searchable Archive: http://leafe.com/archives/search/profox > This message: > http://leafe.com/archives/byMID/profox/[email protected] > ** All postings, unless explicitly stated otherwise, are > the opinions of the author, and do not constitute legal or > medical advice. This statement is added to the messages for > those lawyers who are too stupid to see the obvious. _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
