Ford's Economic Plan Proves to be Sucessful
11-02-2009, 05:05 PM
#11
Deputy CatDog - To Purr'tect and Explode
Thread Starter
Join Date: Jun 2007
Location: NM
Posts: 1,900
The Obama administration forced these companies to swallow this bitter pill.
Regardless, the core problem of American companies having financial ills is the oppressive rate of taxes they are forced to pay. This is precisely why so many American companies are relocating oversea's. Our government, that we elected, is driving them out of the country and with it, American jobs. But, the American people don't need jobs, do we?
Sigh.......
Regardless, the core problem of American companies having financial ills is the oppressive rate of taxes they are forced to pay. This is precisely why so many American companies are relocating oversea's. Our government, that we elected, is driving them out of the country and with it, American jobs. But, the American people don't need jobs, do we?
Sigh.......-Jobs have been going overseas for the past 10 odd years. Don't blame this on the current government, which has only been in power for what...six months? Cheap employment in 3rd world countries are forcing businesses to do what they do best....make money.
-This is incredibly off topic...sooo back to Ford!
I really hope Ford takes this chance to keep improving their overall quality...Take a bite into that "Japanese cars are far superior to American" mentality.
11-02-2009, 05:05 PM
#12
Join Date: Sep 2009
Location: Illinois
Posts: 30
GM 1st quarter '09: -6 billion
Ford 1st quarter '09: -1.4 billion
Gm 2nd quarter '09: -6.3 billion (corrected)
Ford 2nd quarter '09: +750 million
GM 3rd quarter '09: -115 million
Ford 3rd quarter '09: +997 million
Ford 1st quarter '09: -1.4 billion
Gm 2nd quarter '09: -6.3 billion (corrected)
Ford 2nd quarter '09: +750 million
GM 3rd quarter '09: -115 million
Ford 3rd quarter '09: +997 million
Could I ask where you got the GM numbers for the 3rd quarter? I haven't seen them yet. Thanks.
11-02-2009, 05:09 PM
#13
Deputy CatDog - To Purr'tect and Explode
Thread Starter
Join Date: Jun 2007
Location: NM
Posts: 1,900
11-02-2009, 05:46 PM
#16
Resident Ginger
Join Date: Nov 2006
Location: Cali
Posts: 4,624
I am True Blue and hope to always be that way. I am very happy and excited to see a profit (be a small profit). But....Ford better watch out as the Union and UAW have rejected the latest Union contract proposal for 2011.
Matthew
Matthew
11-03-2009, 09:12 AM
#17
2nd Gear Member
Join Date: May 2009
Location: K-town RP Germany
Posts: 235
and now the Union is using the past two quarters of non-loss, ford still massively in debt, to say that they not only don't need to agree to the new higher wage freeze, and it looks like the union is going to ask for more money. not that the union has done a damn thing to help the big three out.
11-03-2009, 04:50 PM
#18
Resident Ginger
Join Date: Nov 2006
Location: Cali
Posts: 4,624
I agree 100%. I work for a Union company (but am not Union) and think that they need to go. They are sucking the life out of a company (Ford) right now that is just fighting not to drowned. There was a time and place for Unions but this is no longer the time or place, Unions should be shut down.
Matthew
Matthew
11-03-2009, 08:46 PM
#20
and now the Union is using the past two quarters of non-loss, ford still massively in debt, to say that they not only don't need to agree to the new higher wage freeze, and it looks like the union is going to ask for more money. not that the union has done a damn thing to help the big three out.
In three years, the big three will go under - the UAW is killing them. Just watch...
That was a little over three years ago.