Chrysler Shuts Down for Month

Dave53-7C

The same thing routinely happens in Rome. The sound of horns blaring is almost non stop as people dash out of the way of cars driving down sidewalks. You really have to be careful when selecting a sidewalk cafe.

In the link below, keep in mind, these are older vehicles and my SUV has full side curtain air bags and stability control. Better not get in the way of an SUV. HaHa, mass wins...in your face. Twisted Evil

www.youtube.com/watch?...ed&search=

Dave53-7C · Posted: Thu Jan 29, 2009 5:42 pm Post subject: Re: Chrysler Shuts Down for Month

Big Surprise. ROFL

www.autoblog.com/2009/...-job-cuts/

51hornet · Posted: Thu Jan 29, 2009 7:53 pm Post subject: Re: Chrysler Shuts Down for Month

Wow they have a lot of workers. If they lay of 60K how many are left. I don't think Chrysler employs more than 45 in North America

Dave53-7C

Since it's now apparent that FIAT can't even help themselves, we know why they didn't actually "buy" into Chryslerberus. When the dust finally settles, you have to wonder which car companies will be left standing.

51hornet

Really tells you no one is buying cars. Last quarter of 08 Fiat made 2Billion Euros which is a good profit. Projections for sales in Q1 are 40% down so they are doing a Chrysler and shutting down 14 of the 20 plants until Feb temporary layoff of 60K staff. 20K left building.

Reorgs are not much good if no one is buying the cars. Looking ahead the only car that will sell is one that people can eat.

Dave53-7C · Posted: Sun Feb 01, 2009 2:37 pm Post subject: Re: Chrysler Shuts Down for Month

The bailout programs are doomed to fail since money is going everywhere but where it's really needed. I still say that allocating money to each household is the answer. Even if $1 million dollars were allocated to each household for it's lifetime, that would be 300-400 million and quite a savings from the trillion dollars on the table. The program could take the form of a gov regulated debit card that can be used not just to pay off mortgages, credit cards, car loans, medical bills and school loans, but to allow citizens the ability to make certain purchases such as a new car or to help buy a home or fund a child's schooling. Since putting money into the hands of those who screwed things up hasn't done anything positive for the economy, put the money into the hands of those who will flow it back into the economy. The banks will then get their money back from their debtors while people stay in their homes. After all, it was the crash of the real estate market that caused this mess and continues to inhibit the economy. SoapBox

As a way to stem falling sales, I hear that Kia and Hyundai are focusing on the Chinese market. Unfortunately, I guess they haven't heard that China is a country on earth and that the bad world has a strangle hold on them too. ROFL

51hornet · Posted: Fri Feb 13, 2009 6:46 pm Post subject: Re: Chrysler Shuts Down for Month

Pretty interesting article. I agree there are too many models and not enough quality design. He is also right new cars run for much longer without the type of work we used to do when I worked in Dad's garage. Cars needed major tuneups back then to run right.

spectator.org/archives...ough-marke

Dave53-7C

I think that vehicles are a major source of revenue for governments. Face it, sales, fuel, licensing and other taxes bring in lots of revenue, as do tickets. I'm sure the insurance lobby wouldn't want to see fewer cars on the road either. Cars today do lack style, but they last longer and require less care than they did 30+ years ago.

51hornet · Posted: Sun Feb 15, 2009 4:51 pm Post subject: Re: Chrysler Shuts Down for Month

The whole thing makes me laugh. Doesn't matter if you come out with Fusion powered cars its a recession people are not buying anything right now. I am starting to really see merit in just giving every person in the US a million dollars each. First thing you have to do is pay down all debt then spend. That would do more to get the economy back on its feet then all the bailouts. Look at the banks they received 300 Billion to cover business and they are not lending it they are just covering their asses so your normal US citizen is getting bubkiss for their tax dollar. You give money to big business you might as well burn it. Normal Joe P America will never see that money again. Need to revamp that crap and make it that people have to see where the money is going down to the last dime and be able to say ok I see that had value. Should not be out of line to ask what you doing with my money.

Dave53-7C · Posted: Sun Feb 15, 2009 9:57 pm Post subject: Re: Chrysler Shuts Down for Month

So true. I've always said to give a million dollar bail-out to each taxpayer in the form of a managed account that must only be used to eliminate debts, pay for education and medical needs as well as to purchase a reasonably priced residence or a domestic vehicle. Money could also be used to improve one's residence or invest in expanding an existing small business. The money could also be used to fund retirement. The plan would allow banks to get the money back from debtors and cash would immediately flow directly into the marketplace. I'm not at all hopeful that the current plans world governments are putting in force will do much, if anything, for working people.

51hornet · Posted: Mon Feb 16, 2009 2:18 am Post subject: Re: Chrysler Shuts Down for Month

Its the same old crap they give the money to big business. It gets mismanaged by the same idiots who caused the problem in the first place. If you took even 5 billion dollars of that 847 Billion package and gave it directly to people and small businesses you would be far better off than giving it to big corps. In the global economy these businesses never reinvest in your country they spend where its the cheapest. Countries mine included cannot compete in their own markets anymore.

Dave53-7C · Last edited by Dave53-7C on Tue Feb 17, 2009 12:15 pm; edited 1 time in total

You're right. Money injected at the consumer level would immediately stimulate the economy. Then, at least we wouldn't have to wait for the tickle down effect. The way things are going, the luxury of waiting for money to trickle down doesn't exist. Things are getting worse by the day and something needs to happen before we start to see angry mobs in the streets. An attorney just told me that traders he knows at the exchange are preparing to defend their track mansions and luxury cars by buying guns and ammo. Now that's scary.

51hornet · Posted: Mon Feb 16, 2009 2:58 pm Post subject: Re: Chrysler Shuts Down for Month

I know it seems pretty simplistic but giving a million dollars to each citizen would overnight eliminate debt of 80% of the country. Small businesses with the correct support and tax breaks could remake the middle class again. Push tech again get these garage companies producing break throughs. Give out 10 million dollar prizes for innovation. First company to produce this that or the other. Get people innovating. No body tinkers in there workshops anymore WTF is up with that. Come on people......

Dave53-7C

Putting big money into the hands of the average citizen (with oversights and limitations of course) would have an immediate and profound positive impact which would promptly turn the economy around. However, that won't happen since the powers that be couldn't get their hands on it and use it for personal gain or to show constituants that they're doing their job. Face it, the people who make policy are so disconnected from what goes on in the day to day life of an average family, they don't know what to do to fix it. I say the matter be put to the vote so that the people dealing with problems (and who know what it will take to fix them) can take charge and make changes that matter.