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Ford should be pissed about the company...
Ford being lopped in the "Big 3 Collapse" is BS considering they have the best financial position of the group, actually turned a profit first quarter and asked for a credit line "IN CASE" one of the other clowns collapsed. Not exactly in the same boat as GM who has no money as of next month and Chrysler who is privately owned and doesn't disclose full financial interest (for all we know, they could be fine and just begging for money).
GM is an epic failure and I have a serious feeling a bulk of DEM Congress appointed funds will go directly to their immediate expenses. Instead of the "line of credit" that Ford was looking for in case something happens, GM will be spending it immediately as they have no cash on hand. Any money given to GM is ultimately postponing the inevitable. Where as Ford was turning profits and a corner with their products. Chrysler has been in the sh_t house since purchase by MB.
http://www.foxnews.com/politics/elec...-auto-bailout/
IMO Ford is looking stronger and stronger not only as a manufacturer but as a company. Hope that isn't "overlooked" by DEMs, as it has certainly been overlooked by the media.
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An unwavering defender of those I see worth protecting.
"promote the general welfare, not provide the general welfare"
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
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12-07-2008, 09:13 AM
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