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View Poll Results: Should the taxpayer bailout the US motor industry
Let the market decide 6 50.00%
Bailout with cash 1 8.33%
Bailout by buying shares 3 25.00%
Bailout by underwriting new motor tecnology, eg electric. 2 16.67%
Voters: 12. You may not vote on this poll

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  #21  
Old 18th November 2008, 04:57 PM
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Electric for the win - gets over whatever stigma is about. See my post on contra's thread.
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  #22  
Old 19th November 2008, 09:28 PM
scouser1956 scouser1956 is offline
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Why bail out all three. If there is too much capacity bail out two and let one fail or prosper on it's own.
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  #23  
Old 20th November 2008, 05:42 PM
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Quote:
Originally Posted by scouser1956 View Post
Why bail out all three. If there is too much capacity bail out two and let one fail or prosper on it's own.
That'd be like giving one of three kids a sucker and telling the other to to GFY.....

I've decided...let them fall
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  #24  
Old 24th November 2008, 03:51 AM
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Special episode of Hulk Hogan's Celebrity Wrestling! The winner gets the bailout.
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  #25  
Old 24th November 2008, 04:43 AM
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Quote:
Originally Posted by clownboy View Post
Special episode of Hulk Hogan's Celebrity Wrestling! The winner gets the bailout.
Oh, My, God.

Its a real show.

http://www.cmt.com/shows/series/hulk...g/series.jhtml

The Hulk Hogan's Celebrity Championship Wrestling cast includes:

- Danny Bonaduce - television and radio host, reality star and actor The Partridge Family

- Todd Bridges - television personality, actor Different Strokes

- ButterBean - super-heavyweight boxer

- Trishelle Cannatella - television personality, reality star Real World: Las Vegas

- Dustin Diamond - television personality, actor Saved by the Bell

- Erin Murphy - television personality, actress Bewitched (Tabitha Stephens)

- Dennis Rodman - five-time NBA champion

- Frank Stallone - actor, singer, Sylvester Stallone's brother

- Tiffany - chart-topping '80s pop singer

- Nikki Ziering - actress, Playboy playmate
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Last edited by Anonymous Idiot Savant; 24th November 2008 at 04:46 AM.
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  #26  
Old 24th November 2008, 06:38 PM
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If the government buys shares of car manufacturers and helps them to become more successful in the future, there is a chance, they get a better price for these shares after a while.

So it can help save jobs now and it could be a reasonable investment at the same time. Admittedly, the government probably will not get all the tax payers money back they have to spend for such a deal, but if they do it smart enough, the losses can be limited. Add the dividend from the shares, the taxes paid by a successful motor company, many suppliers and thousands of workers, this could be a better solution for both sides.
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  #27  
Old 24th November 2008, 09:24 PM
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Quote:
Originally Posted by scouser1956 View Post
Why bail out all three. If there is too much capacity bail out two and let one fail or prosper on it's own.
I actually agree with this sentiment. I've heard some commentators talk about a bail out for Ford and GM since they are publicly owned. That alone is plenty of cover for not bailing out the worst of the big three. Chrysler.

It's not that I like the idea. But Chrysler is the least diverse, it has the lowest quality standards, and it is owned by a private equity firm.
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