justsumoldguy
12-09-2008, 12:12 PM
Instead of handing these bloated overpaid 'captains' of the auto industry a pile of cash like we did AIG etc, why wasn't there a proposal made to reward the consumer for buying a new vehicle? That would bolster the sales needed by the auto industry.
You go to the dealer (not an import dealer)and make your deal to buy a car. You get an instant (40% or some other amount) cash rebate off of the sales price. Then coupled to that you get a very low interest rate loan from the automaker. Say 3% or so simple interest.
They now get the difference between the list price and the discounted price in cash from the Gov't based on car sales.
The comsumer gets a new american made car, and great financing, they and all the associated industries keep working.
Then tell the auto makers straighten up or go under, no more bailouts. Tie white collar upper level admin. pays/perks to sales. Quit blaming the people who work on the line for their poor financial situation. The assembly people make no decisions regarding what to build or what to do away with.
Get some import tariffs back in place to make cheap imports go away.
Do not allow any product into this country that is made in one of these third world 'crap holes' that have no laws regarding labor or the environment.
Competition is great for the consumer, but the economy must be fueled by income/profit/taxation from manufacturing jobs for the most part to buy these items. Import tariffs where the primary source of income for our gov't prior to WW1 and this country grew at a tremendous rate.
We can't all be in the service industry. Services are sold to people who derive income from manufacturing for the most part with a few exceptions like Florida which has tourism. And we can't all work for the gov't at some level that is a direct overhead cost, like elctricity or heat.
:D
You go to the dealer (not an import dealer)and make your deal to buy a car. You get an instant (40% or some other amount) cash rebate off of the sales price. Then coupled to that you get a very low interest rate loan from the automaker. Say 3% or so simple interest.
They now get the difference between the list price and the discounted price in cash from the Gov't based on car sales.
The comsumer gets a new american made car, and great financing, they and all the associated industries keep working.
Then tell the auto makers straighten up or go under, no more bailouts. Tie white collar upper level admin. pays/perks to sales. Quit blaming the people who work on the line for their poor financial situation. The assembly people make no decisions regarding what to build or what to do away with.
Get some import tariffs back in place to make cheap imports go away.
Do not allow any product into this country that is made in one of these third world 'crap holes' that have no laws regarding labor or the environment.
Competition is great for the consumer, but the economy must be fueled by income/profit/taxation from manufacturing jobs for the most part to buy these items. Import tariffs where the primary source of income for our gov't prior to WW1 and this country grew at a tremendous rate.
We can't all be in the service industry. Services are sold to people who derive income from manufacturing for the most part with a few exceptions like Florida which has tourism. And we can't all work for the gov't at some level that is a direct overhead cost, like elctricity or heat.
:D