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10-01-2008, 06:13 PM
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#1 | | On The Tree
Join Date: Jan 2008 Location: SoCaL, Chino
Posts: 147
|  US automakers get 25 billion dollar bailout
http://www.breitbart.com/article.php...rticle=1&lst=1 looks like our government does care about US automakers
__________________ 1994 Teal Z28 Hardtop 3.23
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04 Ninja 250 oh its fast  | 
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10-01-2008, 06:59 PM
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#2 | | 11 Second Club
Join Date: Nov 2001 Location: Springfield, NJ
Posts: 6,675
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Times are bad...but not hopeless.
Thank you Washington.  | |
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10-01-2008, 09:14 PM
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#3 | | TECH Addict
Join Date: Mar 2003 Location: eatontown,nj
Posts: 2,840
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as long as this money is invested wisely and paid back im ok with it.
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10-02-2008, 02:01 AM
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#4 | | December '07 TOTM
Join Date: Jan 2007 Location: Here and sometimes there too.
Posts: 6,343
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Woah...this bill also applies to Nissan and Honda! 
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10-02-2008, 02:10 AM
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#5 | | TECH Regular
Join Date: Jan 2008
Posts: 468
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Quote:
Originally Posted by Spoolin  Woah...this bill also applies to Nissan and Honda! | If it didn't it would open up unfair trade practice lawsuits. The government doesn't need that. Those plants employ US citizens and they are protected just like pure US companies. Its sad yes but it saves money in the long run so I guess its a necessary evil. Trust me I hate it just as much as you but the reality is they get the same treatment.
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10-02-2008, 02:51 AM
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#6 | | On The Tree
Join Date: Jan 2008 Location: SoCaL, Chino
Posts: 147
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Yeah but im pretty sure chrysler, ford and gm are getting most of the money
__________________ 1994 Teal Z28 Hardtop 3.23
modifications: K&N CAI, Trick Flow cc Elbow, SLP Airfoil, Flowmaster 3'' exhaust, NGK TR55GP, MSD 8.5 mm wires, MSD Blaster Coil & Cap and Rotor, 160 deg stat, Pacesetter mid-tubes, MadZ28.com tune, Lakewood LCA's, QTP cutout,
"If the ls1 is god then the lt1 is jesus"
04 Ninja 250 oh its fast | |
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10-02-2008, 04:01 AM
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#7 | | 11 Second Club
Join Date: Nov 2001 Location: Springfield, NJ
Posts: 6,675
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Quote:
Originally Posted by Teal94Z Yeah but im pretty sure chrysler, ford and gm are getting most of the money | I hope so, they need it more and they were here first/longer. | |
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10-02-2008, 12:25 PM
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#8 | | TECH Enthusiast
Join Date: Nov 2004 Location: Austin, TX
Posts: 679
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That's actually a GOOD thing that Honda and Nissan are getting in on the bailout. That way a few years down the road import fanboys won't be saying, "The only reason crappy American cars are still around is because the government bailed them out", because Honda and Nissan got help too.
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02 Silverado RCSB 5.3L- Volant CAI, Magnaflow, Nelson tune, comp cams 220/220 .564/.564 114 LSA | |
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10-02-2008, 01:16 PM
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#9 | | 12 Second Club
Join Date: Sep 2005 Location: Sopranoland
Posts: 2,325
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I'm not too happy about the import nameplates getting in on this as well, but IF that's the ONLY way it would pass, then so be it.
As long as the shlemmings' fave TOYota does NOT get a piece of this, then I WOULD most definitely take some action!!!
WHY should we give even more to a FOREIGN company that has enough
capital to STILL be "in the black" EVEN IF it had "in the red" years for the next hundred years?!?!   (Which it WILL NOT BE anyway!!)
C'mon Stevie, and the other I.D.L.ers/TOY worshippers, PLEASE "push back" on this one!! 
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10-02-2008, 08:52 PM
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#10 | | TECH Addict
Join Date: Jan 2004 Location: Miami, Fl. - Hurricane Highway
Posts: 2,331
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Quote:
Originally Posted by Spoolin Woah...this bill also applies to Nissan and Honda! | How the fuck is that even possible?! 
-Joel
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10-02-2008, 09:14 PM
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#11 | | December '07 TOTM
Join Date: Jan 2007 Location: Here and sometimes there too.
Posts: 6,343
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I guess legalities play a part in it like Manalishi says but it's still a shocker to see that!! Any German brands been building cars here for 20 years or more that can also get in on a piece of the pie?
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10-02-2008, 09:23 PM
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#12 | | TECH Addict
Join Date: Jan 2004 Location: Miami, Fl. - Hurricane Highway
Posts: 2,331
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I understand that all automakers are in deep considering how bad the economy is. But to think the American gov. is going to give japanese automakes money is just stupid. If we built cars in japan, do you think the japanese gov. would give us money a bailout loan? Nope they might send us to hell just for even thinking about it.
-Joel
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10-02-2008, 09:24 PM
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#13 | | December '07 TOTM
Join Date: Jan 2007 Location: Here and sometimes there too.
Posts: 6,343
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Agreed...There's a saying that "nice guys alwasy finish last" Well if we keep playing nice guess what... 
__________________ Gone to Sea...back in March/April.
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10-02-2008, 09:26 PM
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#14 | | TECH Addict
Join Date: Jan 2004 Location: Miami, Fl. - Hurricane Highway
Posts: 2,331
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Quote:
Originally Posted by Spoolin Agreed...There's a saying that "nice guys alwasy finish last" Well if we keep playing nice guess what... | I agree, that falls into the same level as helping countries that don't like us very much. So is this loan to nissan and honda a for sure thing, or just a supposed rumor floating around?
-Joel
*Yeah i just read it again, basically since they have plants that have been here for over 20 years they qualify. What a fucking joke!
__________________ 2000 Pontiac Trans Am WS6 - Black/Black
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10-02-2008, 09:34 PM
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#15 | | December '07 TOTM
Join Date: Jan 2007 Location: Here and sometimes there too.
Posts: 6,343
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Quote:
Originally Posted by 2000Hawk I agree, that falls into the same level as helping countries that don't like us very much.
-Joel | Reminds me of earlier this year when I was in Egypt and happened to be around/involved when an American ship carrying military cargo back to the US shot and killed two vendors who had gotten too close to the ship (our fault). My experiences with those particular Egyptians are not the best and their is alot of unspoken animosity between us yet our country continues to provide theirs with lots and LOTS of finanicial support for their role in the Suez Canal. Bunch of BS if you ask me!  Quote:
Originally Posted by 2000Hawk So is this loan to nissan and honda a for sure thing, or just a supposed rumor floating around?
-Joel | They qualify for it but who's to say or know if they are gonna apply for some of the money! My guess is sure why not since it's there and presumably at a good interest rate.
__________________ Gone to Sea...back in March/April.
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10-02-2008, 09:40 PM
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#16 | | TECH Addict
Join Date: Jan 2004 Location: Miami, Fl. - Hurricane Highway
Posts: 2,331
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They are a forgein automaker that can apply for an american gov. loan, they must be crazy not to accept it. C'mon this is the american gov. not like they will need to pay us back anyways, or like we would ask them to.
-Joel
__________________ 2000 Pontiac Trans Am WS6 - Black/Black
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10-03-2008, 09:04 PM
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#17 | | TECH Addict
Join Date: Mar 2003 Location: eatontown,nj
Posts: 2,840
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i assume our govt is concerned with americans employed by these foreign automakers which i can understand trying to preserve those jobs. honestly i could care less if any of them go under. it would mean more marketshare for the big three to get.
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10-03-2008, 09:22 PM
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#18 | | TECH Regular
Join Date: Oct 2007 Location: Seymour Indiana.
Posts: 469
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Too bad we can't go to dealer and get free 2010 Camaro SS with are Tax money
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