Comments on: When U.S. Automakers Can’t Compete, They Beg For Government Assistance http://genxfinance.com/when-us-automakers-cant-compete-they-beg-for-government-assistance/ Helping a unique generation achieve financial independence. Fri, 18 May 2012 12:26:36 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jeremy http://genxfinance.com/when-us-automakers-cant-compete-they-beg-for-government-assistance/comment-page-1/#comment-60 Jeremy Mon, 13 Nov 2006 22:18:56 +0000 http://genxfinance.com/2006/11/13/when-us-automakers-cant-compete-they-beg-for-government-assistance/#comment-60 S. Bahl, I appreciate the comments, but I'm a bit confused with the terrorism reference. I don't think forcing foreign companies out of the U.S. is the solution. Many "foreign" vehicles have more American made components than the domestic counterparts, as well as many assembly plants located right here in our country creating jobs that put food on the table for many Americans where companies like Ford and GM are constantly outsourcing and building factories in places like Mexico and Canada, forcing hard-working Americans out of jobs. As far as financing terrorism by purchasing foreign products, take a look at the computer you are typing this message on. How much of that computer is not foreign? Most electronic components come from the same countries that are trying to build cars. Most of the stuff we all use on a daily basis are far from domestic products. It is a global economy, there is no changing that. I'm sure there are ways to improve the situation both here and abroad, but I don't think forcing outside competition out of the country is the solution. S. Bahl, I appreciate the comments, but I’m a bit confused with the terrorism reference. I don’t think forcing foreign companies out of the U.S. is the solution. Many “foreign” vehicles have more American made components than the domestic counterparts, as well as many assembly plants located right here in our country creating jobs that put food on the table for many Americans where companies like Ford and GM are constantly outsourcing and building factories in places like Mexico and Canada, forcing hard-working Americans out of jobs.

As far as financing terrorism by purchasing foreign products, take a look at the computer you are typing this message on. How much of that computer is not foreign? Most electronic components come from the same countries that are trying to build cars. Most of the stuff we all use on a daily basis are far from domestic products.

It is a global economy, there is no changing that. I’m sure there are ways to improve the situation both here and abroad, but I don’t think forcing outside competition out of the country is the solution.

]]> By: efipo.com http://genxfinance.com/when-us-automakers-cant-compete-they-beg-for-government-assistance/comment-page-1/#comment-59 efipo.com Mon, 13 Nov 2006 21:14:48 +0000 http://genxfinance.com/2006/11/13/when-us-automakers-cant-compete-they-beg-for-government-assistance/#comment-59 Yeah I wrote an article about this. <a href="http://www.efipo.com/20060829/bush-saves-american-economy-with-pension-reform/" title="Pension Reform" rel="nofollow"> I think that U.S. auto makers are at a disadvantage even before they start selling their cars. Pension plans rape them on yearly basis. Yeah I wrote an article about this. I think that U.S. auto makers are at a disadvantage even before they start selling their cars. Pension plans rape them on yearly basis.

]]> By: S. Bahl http://genxfinance.com/when-us-automakers-cant-compete-they-beg-for-government-assistance/comment-page-1/#comment-58 S. Bahl Mon, 13 Nov 2006 20:59:27 +0000 http://genxfinance.com/2006/11/13/when-us-automakers-cant-compete-they-beg-for-government-assistance/#comment-58 Rather than forcing US automakers to start building better vehicles (or "more relevant" as you put it), perhaps we should instead force the competition out of the United States? Why are Hondas and Toyotas even allowed to be sold here? Doesn't it make more sense to let the US companies continue to produce whatever product they feel best serves their bottom line and simply tell the Japanese and Koreans that they can no longer sell their products here? That would ensure that the US automotive buyer interested in purchasing a new vehicle would only be able to purchase one made here in the United States. The money would stay here and we could be sure it wasn't used to finance terrorism. When we send our dollars to Japan or Korea, we have no way of knowing if that money ends up coming back here in the form of tourism, or if it just gets dropped in an envelope labeled, "Osama Bin Laden". Thanks for your thoughtful article, I just hope you look at the bigger picture outside of just autos...it's also about terrorism. Rather than forcing US automakers to start building better vehicles (or “more relevant” as you put it), perhaps we should instead force the competition out of the United States? Why are Hondas and Toyotas even allowed to be sold here? Doesn’t it make more sense to let the US companies continue to produce whatever product they feel best serves their bottom line and simply tell the Japanese and Koreans that they can no longer sell their products here? That would ensure that the US automotive buyer interested in purchasing a new vehicle would only be able to purchase one made here in the United States. The money would stay here and we could be sure it wasn’t used to finance terrorism. When we send our dollars to Japan or Korea, we have no way of knowing if that money ends up coming back here in the form of tourism, or if it just gets dropped in an envelope labeled, “Osama Bin Laden”.

Thanks for your thoughtful article, I just hope you look at the bigger picture outside of just autos…it’s also about terrorism.

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