Mary Barra - NEW GM CEO

[XfireZ51]

Originally Posted by WB9MCW

Dom I was actually supporting your argument that the shutdown cost more than the auto bailout.

But the main point I was making was our government is in a free fall as far as spending goes and both the Pubs and the Dems are guilty of it.

That is why I posted the link on the trap we are all in with the Fed Reserve on the national debt and how it can never be resolved.

Did you watch the 30 min vid? It is a true eyeopener IMO.
http://youtu.be/iFDe5kUUyT0

Got it. Thanks Brian. I think more people are coming around to the fact that we can't have the level of power and wealth concentration that we have.
It creates a situation where we and our economy are held hostage.

[efnfast]

Are they really too big to fail? If I don't buy a Chevy, I buy a Ford. Hole in that theory, I might by a Hyundai.

[XfireZ51]

Originally Posted by efnfast

Are they really too big to fail? If I don't buy a Chevy, I buy a Ford. Hole in that theory, I might by a Hyundai.

Steve,

Alan Mullaly went to Congress to urge for the loan even though Ford was not involved. Without the leverage of a GM and Chrysler, Ford's unit costs would have escalated. All the OEMs (including the European and Asians) use many of the same Tier 1 suppliers and on down the line. Lose that many units and it cascades from there. Highly interconnected and interdependent. And then there are the dealerships that affect the economy throughout the country. At least the auto manufacturers MAKE something. Banks just shuffle paper.

[efnfast]

Yes but- I'm still going to buy a new car, so it's still going to get manufactured.
And yes, at least they make something other than money.

[WB9MCW]

Originally Posted by Mystic ZR-1

This a website about cars, ZR-1s in particular.
Let's keep it that way,...

You are in the "Off Topic" section. This is where we post about all kinds of subject matter.

You will never see me post these type of comments in the specific topic sections.

As a general rule we did all agree to not discuss specific political and religious topics on the site. One could argue that voting is political but to me it is just a duty that all good Americans do and that was my point.

Nuff said on this matter. Time to wax the Z now.

[Mystic ZR-1]

Sounds like a plan!!!!
It would still be nice to have those dyno sheets though!

[XfireZ51]

Originally Posted by WB9MCW

You are in the "Off Topic" section. This is where we post about all kinds of subject matter.

You will never see me post these type of comments in the specific topic sections.

As a general rule we did all agree to not discuss specific political and religious topics on the site. One could argue that voting is political but to me it is just a duty that all good Americans do and that was my point.

Nuff said on this matter. Time to wax the Z now.

Bryan,

I completely agree w the responsibility of every citizen to vote. In Australia, they assess a fine if you don't. Their voting participation is 98%.
Elections have consequences.

[A26B]

Originally Posted by WB9MCW

I would not disagree - but using the math of 10.5B for GM and 1.3 for Mopar = 11.8B total divided by 330M (US population - not even all are taxpayers) = 35.73M per person.

Double check the math 35.75M x 330M = 11.797B

Brian,

I think you are a few zero's off.
11.8B = $11,800,000,000
330M = $330,000,000

$11,800,000,000/$330,000,000= $35.75/per person

[efnfast]

Originally Posted by XfireZ51

Bryan,

I completely agree w the responsibility of every citizen to vote. In Australia, they assess a fine if you don't. Their voting participation is 98%.
Elections have consequences.

I'll vote for that!!

[WB9MCW]

Originally Posted by A26B

Brian,

I think you are a few zero's off.
11.8B = $11,800,000,000
330M = $330,000,000

$11,800,000,000/$330,000,000= $35.75/per person

Yep I sure blew that calculation Jerry! I used 11.8/0.33 and got the right answer but I made the mistake thinking it was 35 Million duh.

But I would say only one in five are actual tax payers in the US so about $189 per actual tax payer in the US.

And one could add the shutdown cost around $400 per taxpayer.

I guess we know why taxes are so high these days when you have events like this going on!