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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
Mulally being the 153rd highest paid CEO means there are roughly 150 CEO's out there being ridiculously overpaid. I'll give the benefit of the doubt to a few of them that they're worth their pay.
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
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I have been surrounded by the UAW all my life. There are (correction - there WERE) 4 automobile plants within 70 miles of here - 2 in my town alone. A Ford Plant here closed 2 years ago...3 times daddio...3 times Ford tried to negotiate with the UAW, the last time they outright said they would close the plant...they STILL went on strike. The rest is history. And what was the big thing? 1) Reduced pension for new employees only 2) Higher deductible and premiums for health insurance 3) Lower wages for new employees only (starting wage of $10 instead of $14) Ford was trying to reduce labor cost in a very hard market...and Ford was making little to no money....Gosh they must be evil.
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The government cannot give without first taking. |
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
Unfortunately this can only end bad for Ford now that they have to comepete with Government Motors, who can now use the law and guns to encourage you to get a GM. Dont be surprised when theres a special tax credit for buying a GM, or GM is exempt from federal taxes, or regulations make it anything but GM able to produce. Ford would then move overseas I bet.
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"To take from one, because it is thought his own industry and that of his father has acquired too much, in order to spare to others who (or whose fathers) have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, "to guarantee to everyone a free exercise of his industry and the fruits acquired by it." -Thomas Jefferson |
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
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They still haven't turned the corner as they're increasing debt even as we speak. But, through careful management, it looks like their survival is no longer in question for the intermediate period (3-5 years). GM emerged from bankruptcy with less debt (which is always the benefit of Chapter 11). But it's intermediate period doesn't look that great.
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Giving money and power to government is like giving whiskey and car keys to teenage boys. ---P. J. O'Rourke |
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
It spins for a bit, then topples over? I thought they fixed that problem.
EDIT: Damn, should have read the next page first.
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During the journey we commonly forget its goal. Almost every profession is chosen as a means to an end but continued as an end in itself. Forgetting our objectives is the most frequent act of stupidity. -Friedrich Nietzsche, The Wanderer and his Shadow All good socialists have villas in Southern France. That's not the point. -Eurosocialist |
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
LOL Well, no one can predict the future, although we can at times turn the page.
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Giving money and power to government is like giving whiskey and car keys to teenage boys. ---P. J. O'Rourke |
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
One thing yu guys seem to be forgetting is that gm had strong sales durign the cash for clunkers period as well. And that GM is still an american car maker, more american than ford indeed.
Also one reason ford has gotten better in their quality is that they are using a lot of technology they bought from toyota. Their hybrid dive is just toyota's old one. And at the end of the day they are still a ford. Which means no matter how cheap they get they are still overpriced crap.
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“If this were a dictatorship, it’d be a heck of a lot easier, just so long as I’m the dictator.” – George W. Bush in Washington, D.C., Dec. 18, 2000 |
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
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![]() Top 10 cash for clunkers purchases Toyota Corolla Honda Civic Ford Focus Toyota Camry Hyundai Elantra Toyota Prius Nissan Versa Ford Escape FWD Honda Fit Honda CR-V AWD
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"The captain has turned off the `No Dubbing' sign. You are free to speak any language you choose." |
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There seems to be a lot of Ford hater-aid being drunk in this thread! Surely, Ford can't be THAT bad can it? I'm not gonna knock them on the quality of their vehicles! I however, will say that they have done well for themselves during this depression!
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I have the body of a god! To bad its Buddha! |
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
Ford deserves kudos across the board. They didn't take money from the government, and they made a shitload of money.
GM is a fucking joke...
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![]() ![]() For those who have fought to defend it, freedom has a taste the protected will never know... ![]() If it wasn't for double standards, liberals would have no standards at all... |
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
Ford deserves nothing. Gm sales are up, people are realizing that Ford is still a Ford no matter what they have done or tried to do which means they are nothing much special. And all they are doing with their latest round of updates is following the trend set by toyota, honda, and gm technologically speaking. Ford doesnt innovate tey imitate and they are quite effective about that.
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“If this were a dictatorship, it’d be a heck of a lot easier, just so long as I’m the dictator.” – George W. Bush in Washington, D.C., Dec. 18, 2000 |
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
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I don't particularly like Ford, but what you write is a load of ignorant bullshit. Matt |
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In all honesty though, I never really favored any of the American auto makers! I have always preferred Japanese!
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I have the body of a god! To bad its Buddha! |
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Re: Ford Earns $997 Million in Q3, Projects Solid 2011 Profit
Yeah whatever Matt. I know that I have worked in the car business been around long enough to see that Fords have never been innovative or anythign beyond blah, bleah and boring. The reason they are making money is they are able to manipulate and take advantage of situations better. Not that they have any moral or social upstanding or better tehnology or autos. They also dropped the bigger Suvs sooner than the other companies did. They are also dropping a lot of the big V8s and getting on the green bandwagon which is a big help to them as they may actually someday achieve the quality of the japanese cars.
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“If this were a dictatorship, it’d be a heck of a lot easier, just so long as I’m the dictator.” – George W. Bush in Washington, D.C., Dec. 18, 2000 |
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