Way to go Ford!

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Nov 3, 2009 | 09:28 PM

#21

Moosetang

Tasca Super Boss 429 Member

Joined: February 1, 2004

Posts: 3,751

Likes: 0

Quote:

Originally Posted by houtex

Government should NOT run business. Period. Look at Amtrak.

Amtrak hasn't struggled because it's government run, Amtrak has struggled becuase the government has done a crap job of running it. They're consistently underfunded and under-supported. "Government" rail can be quite successful, see French Rail. For that matter, see every single properly-run mass-transit agency in the USA, from Boston's T to Houston's Metro.

Nov 4, 2009 | 01:23 PM

#22

StangPower05

Mach 1 Member

Joined: June 12, 2006

Posts: 717

Likes: 0

From: U.S.A

Great news!!

Nov 4, 2009 | 09:20 PM

#23

houtex

Legacy TMS Member

Joined: February 2, 2004

Posts: 7,648

Likes: 675

From: Insane

Quote:

Originally Posted by Moosetang

As I was referring to the US Government running things, you pretty much hit the nail on the head and proved my point. Thank you.

Last edited by houtex; Nov 4, 2009 at 09:23 PM.

Nov 5, 2009 | 12:00 PM

#24

05fordgt

Team Mustang Source

Joined: June 19, 2004

Posts: 6,840

Likes: 2

From: Phoenixville, PA

Quote:

Originally Posted by metroplex

Except for the $5.9B in taxpayer money that Ford took via the DoE for building "fuel efficient" cars...

The last time they posted a profit, the "profit" came from reducing fees associated with its loans.

Metro, we've known each other for a while on here, but please tell me your not that stupid to think the DOE loan Ford got was a bailout?

IT WASN'T! Other manufacturers got loans for development of better more fuel efficent vehicles too. Tesla, Fisker, Nissan. Should I continue?

They have only used $884 million of the available $5.9B they were allotted and are already paying it back!! Please tell me how you see this as a bailout?

Nov 5, 2009 | 12:29 PM

#25

05GT-O.C.D.

I lust for a M24

Joined: November 6, 2004

Posts: 7,042

Likes: 4

From: Football HOF, Canton OH

I think he bailed on this thread.

Nov 9, 2009 | 12:08 PM

#26

05fordgt

Team Mustang Source

Joined: June 19, 2004

Posts: 6,840

Likes: 2

From: Phoenixville, PA

Quote:

Originally Posted by 05GT-O.C.D.

I think he bailed on this thread.

Most people do that when they are called on the carpet and facts are show that they are FLAT-OUT WRONG!!!!

I just get so steamed when people say Ford took a bailout, when they mention the DOE loan. Since I sell Ford vehicles, it hits me more than the average consumer. Some people are just so anti-Ford its comical and won't accept the truth, no matter how you gift-wrap it for them.