Comments on: Lack of Enthusiasm For Auto Loans a Matter of Poor Timing?

By: stock.xchng - Joker (stock illustration by florinf)

stock.xchng - Joker (stock illustration by florinf) — Tue, 16 Jun 2009 17:29:06 +0000

[...] using it in a children's book." 21. Dec 4, 2008 rmkeegan"Excellent work! I used it here: http://thearticlewri .." 20. Nov 22, 2008 host255"Brilliant! Nice work!!" 19. Nov 4, 2008 ozqadir"Stunning! Keep up the [...]

By: MattK

MattK — Thu, 11 Dec 2008 21:45:18 +0000

Hi Maureen — thank you for your comment!

I believe the workers who would be laid off would get a nice big severance package, perhaps amounting to two or three times their annual wages. The automakers have always been generous to their factory workers which is part of the problem. BMW, Mercedes, Toyota, Honda, Nissan, Hyundai and soon, Kia, will be building cars in the US without union workers and they’re not saddled with legacy costs (health care costs, for example) like the American companies.

I think that it has been a matter of time for the Big Three to fail and, as you said, failure isn’t the end of things. In fact, Chapter 11 bankruptcy could help GM and Ford emerge stronger later on. As far Chrysler, they’re chances of surviving without outside assistance (merger, acquisition or something like that) are virtually nil.

By: Maureen Lewicki

Maureen Lewicki — Thu, 11 Dec 2008 21:19:33 +0000

I agree with you Matt. For my part, I would rather see us looking at solutions to help the workers, supporting them in the event of a bankruptcy. Let the businesses file for bankrupty, and re-group.

Bankruptcy does not mean they go done in flames. We are talking about business minds here, and the CEOs can no doubt re-invent themselves. In the mean time, lets be ready to support the people who stand to really lose out.

How is it that these business geniuses did not see this coming?!

By: JIMMIE FLOYD JR

JIMMIE FLOYD JR — Fri, 05 Dec 2008 09:37:22 +0000

WHAT IS THE MATTER WITH PEOPLE “TALKING WHEN THEY HAVE NEVER WORKED IN A FACTORY” I WILLING TO BET NOT ONE COULD WORK ONE YEAR IN A AUTO FACTORY “AND WILLING TO BET ” IF THIS LOAN DON’T GO THRU ” WATCH HOW CRIME RISES” WHOLE FAMILY BROKEN. HOW WOULD PEOPLE WHO CLAIMED TO KNOW WHAT THE PROBLEM WITH AUTO COMPANY LOSE THEIR PENSIONS, THAT WOULD CHANGE THE WAY THEY ARE THINKING” SOME OF THE AUTO WORKERS HAVE SPENT 30 PLUS YEARS WORKING SEE THEIR BODIES BROKEN DOWN TO NOTHING “AINT THAT GOOD FOR SOME THING IN THE U.S

By: Your page is now on StumbleUpon!

Your page is now on StumbleUpon! — Thu, 04 Dec 2008 22:30:05 +0000

[...] Your page is on StumbleUpon [...]

By: A1-Webmarks - User MattK

A1-Webmarks - User MattK — Thu, 04 Dec 2008 11:50:01 +0000

[...] the name Kumho Tires, a Korean brand finding its way on new and used vehicles everywhere.addinfo*** Lack of Enthusiasm For Auto Loans a Matter of Poor Timing? Automotive executives are making their case before Congress, but Americans haven’t [...]

By: keegan.matt's Friends on Faves

keegan.matt's Friends on Faves — Thu, 04 Dec 2008 11:46:15 +0000

[...] Friends’ Faves vote1new VoteWidget(’142223.134394357887′,showRegistrationBoxForVoteAttempt);Lack of Enthusiasm For Auto Loans a Matter of Poor Timing?keegan.matt | Shared With: Everyone – 13 seconds ago | Ford, GM, General Motors, Chrysler, autos, [...]

By: Lack of Enthusiasm For Auto Loans a Matter of Poor Timing? - Mixx

Lack of Enthusiasm For Auto Loans a Matter of Poor Timing? - Mixx — Thu, 04 Dec 2008 11:37:17 +0000

[...] of Enthusiasm For Auto Loans a Matter of Poor Timing? view photo 1 vote [...]

By: overview for Matt1958

overview for Matt1958 — Thu, 04 Dec 2008 10:58:26 +0000

[...] vote on links that you like or dislike and help decide what’s popular, or submit your own!•Lack of Enthusiasm For Auto Loans a Matter of Poor Timing? (thearticlewriter.com)submitted 2 [...]

By: The Auto Writer - MyBlogLog

The Auto Writer - MyBlogLog — Thu, 04 Dec 2008 10:26:02 +0000

[...] to Google Latest Content Poor Timing Likely Behind American Loan Opposition – 5 hours ago I’ve received some flak lately for my opposition to the bailing out of the [...]