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What is your take on the Big-3 hearings
EW; I don't have an answer, only opinions. Saving them is probably the only choice, with some limits and restrictions. First the existing managment at vastly reduced salarys should have a timeline of one year to turn things around, if not the non performing ones have their remaining assets liquidated back to the taxpayers. I realize that, "free trade", "it's a world economy now", and all that yammer come into play in this, but as many of you have known for quite a while, I have never bought or plan to buy a non domestic name on an auto or truck. Every non domestic unit sold here is just one more nail in big three's coffin, and should have a tax or tarrif high enough to discourage their sale here, again only opinion on my part. I have absolutely no faith in our new president being able to do any better than the current admistration, I too plan to make some changes in where my assets are held before he gets into power.
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What is your take on the Big-3 hearings
Mud can be thrown in both directions, don't the folks in Alabama who pay taxes have a stake in this too? As I understand todays banter fifteen billion is the upper limit with a government watchdog overseeing how the cash is spread around. Some say keep the government out of it, but remember who government is, we are furnishing the jack and hopefully expect it back someday, so this "Watchdog" better be a pretty accountable person, or preferably a committe. If we don't do this I can see some undesireable mid east money just waiting for a chance to get control of the big three.
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What is your take on the Big-3 hearings
EW; It's amazing, now and then I actually agree with you. Of all the cars and pickup trucks I've owned from my beloved 49 Hudson right on thru the 07 Trailblazer and 07 Silverado, the only problem car I ever owned was a 90 sometning Venture van. It was built with a plastic intake manifold that warped after a while. I was dumb enough to let a Chevy dealer who shold have never been a dealer of anything (FIX??) it. I can't believe he is still in business. While the Venture was there I walked thru the service building, he has eigthteen service bays, all equiped with hoists and my Venture was the only car in there, he had seventeen bays that were empty.
Now on to other things. Our new high effeciency LP furnace, the heat exchanger burned thru before the third season. The ten year factory warranty replaced it, yep, with another one that burned thru in three more years. Now, if you've ever read the fine print in the factory warranty, I didn't, but anyhow they furnish the parts, YOU pay a couple flunkys they sent out eighty bucks an hour to replace it, over 600 bucks. That didn't happen the second time.
Fast food, yes, like eating out of a garbage can in most of them, enough on that.
All our great old mainstreet stores are gone thanks to WalMart, I could rant on this one for an hour, but I won't.
that's enough for now, Christmas is coming and I don't want to be in a bad mood. Merry Christmas. Frank.
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