Obama was wrong?

[boomerbust]

For bailing out the US automotive industry. Ha!
http://moneycentral.msn.com/detail/stock_quote?symbol=f

[madokie]

1. He didn't give ford a cent

loaned the other two some but give them NO

[no limit]

3. This. GM stocks which did get a bailout didnt do so well from what I recall

[berni_mccoy]

18. GM doesn't have stock anymore. The ticker is MTLQQ for Motors Liquidation Company

[no limit]

21. So what happened to all those people that owned GM stock?

[Luminous Animal]

22. According to the NY Times, it is worthless.

http://www.nytimes.com/2009/07/11/business/11primer.html

[berni_mccoy]

24. They lost their money.

[JVS]

26. They took delivery of a nice big shit sandwich

[damonm]

5. Yeah, seems like Ford's leadership...

...saw this coming. Ford took steps, and has emerged stronger. When GM & Chrysler were hat in hand, Ford was saying: "ya know, we don't think we'll need it, but the money COULD come in handy - set it aside just in case we're wrong."
So far, they're not wrong...

[madokie]

20. Whats helped ford as much as anything was when they made the decision

a couple decades ago to really improve their product. We have two '98 model fords, pickup and suv, that each have around 130,000 miles on them and cleaned up they still look like new. Still run that way, hardly any maintenance on either of them. On the pickup I'm still on the original brake pads and I've pulled a lot of trailers and hauled a bunch of heavy loads with it too. No tears in the seats or worn spots or any of that, no sagging doors or springs just all around just like they were when they were new 10 years ago, actually closer to 11 years. That ole bull about japan or europe builds a better vehicle is bull crap.

For instance check out what ford did with the jaguar while they owned it and what they've done with the volvo brand that they still own, both of which quality of the vehicles went up big time with fords acquisition. Jaguar is gone now and Volvo is on the chopping block but they are much improved from their time of ford ownership.

[damonm]

23. yes indeed - and their designs are catching up.

I remember Jaguars' quality jumping thru the roof after Ford started on them - didn't know about Volvo.
And now the design is getting up there too - the Fusion has been up there on a LOT of top 10 lists, and the Fusion Hybrid is getting raves everywhere.

[Don Caballero]

2. Another win for the President

This is a big FU to the haters

[Javaman]

4. Sorry to burst your bubble. Ford didn't take a cent. nt

[Don Caballero]

6. The Ford stock is doing great

The President knew that they did not need assistance and could turn the company around without it. Obama and his economic team had the foresight to see that Ford was going to do well in the next few quarters.

[Javaman]

8. uh huh, right. run with that.

:eyes:

Ford turned down an offered bailout. Trying to create a reality were the TARP team were some sort of group of financial genuis's is laughable. Do you even pay attention to the news or do enjoy making stuff up?

Ford Bailout Money Unnecessary, Company Says
http://www.huffingtonpost.com/2008/12/10/ford-bailout-money-unnece_n_149824.html

Ford Bailout Refusal A Hit
http://www.swtimes.com/articles/2009/07/18/news/news071809_02.txt

I can provide you with a host of links if you like, but I think you get the point.

research, it's the latest fad.

Oh and I would return your pom poms, they are set to bizarre.

[Luminous Animal]

9. Thus, using Ford as a barometer of the success of the bailout

is nonsense.

[Oregone]

12. Sarcasm?

This is one ofthe funniest cheerlead threads in a long time

[boomerbust]

7. You got that right Don

Look at the haters showing up on this thread. Kudos to Barack Hussein Obama.

[Zenlitened]

10. Sorry, but you've failed the Turing test.

Thanks for playing.

[JVS]

11. LOL

[Don Caballero]

13. I am man, not machine

[Zenlitened]

14. Prove it.

[Oregone]

15. K & R - Best Cheerleading thread ever!

[JVS]

16. I also gave it a rec.

Pretzel logic is fascinating to behold.

He gave them money and look how great they're doing now! An excellent decision!
Oh, he didn't give them money? Well look how great it turned out! An excellent decision!

[jgraz]

19. Rec'd and bookmarked.

This one's gonna provide giggles for a while. :rofl:

[no limit]

25. Wait, he game money to GM and anyone that owned GM stock is now shit out of luck?

I gave a unrec personally, my sense of humor isn't as good I guess. And we all know how sacred the greatest page is.

[safeinOhio]

17. I've been told that Obama

took over the auto industry. Took complete socialistic control and now runs every aspect of the industry. They are now only building small electric cars that the public isn't buying and dumped all trucks and SUVs. Then he closed all the dealerships in red states.

:sarcasm:

[jgraz]

27. This just in: Obama credited for Boise State's 14-0 win in Fiesta Bowl

:rofl:

[boomerbust]

28. Do you morons

Really think that saving GM and Chrysler has nothing to do with Fords success? Silly morons.