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CO 1E Nov 20, 2008 9:32 am


Originally Posted by MBM3 (Post 10783777)
:D

Imagine a T7 running the river approach from the west! Man, what a ride!

Heck, why you are at it, why not add DCA to BKL or CGF? :)

I wish.

COFan Nov 20, 2008 9:33 am


Originally Posted by Anglo Large Clawed Otter (Post 10783799)
If we ever (God forbid) find ourselves in a WWIII situation that lasts more that 15 minutes, I think the government would do all it could to speed up the permitting process.

perhaps, but to go off of -what ifs- is dangerous. Moreover while there are NSA issues at stake, the hope is a company (preferably American) would come in take over the GM patrimony and start off anew with much better governance and product. I don’t want manufacturing to go away rather want it to be run reasonably and responsibly

CO 1E Nov 20, 2008 9:34 am


Originally Posted by ssullivan (Post 10783535)
Agreed 100%. However I'm much more in favor of not just writing them a bailout check and walking away. Instead I'd much rather see the government bail them out with the condition that the management is gutted and controls are put into place to assure that they are able to return to profitability. I wouldn't be against a New Deal type of program where they're not only bailed out, but the government also utilizes the assets and existing infrastructure from that industry to increase employment and start turning out not just decent cars that are competitive in quality, but also for production of mass transit vehicles and development of other products and technology that have a goal of severely reducing our dependence on petroleum as an energy source for transportation.
.

Are you willing to give up your mileage runs, long weekend jaunts overseas, and job that depends on air travel for the sake of conserving fossil fuels?

Anglo Large Clawed Otter Nov 20, 2008 9:35 am


Originally Posted by COFan (Post 10783841)
I don’t want manufacturing to go away rather want it to be run reasonably and responsibly

Likewise. I'm open to any reasonable suggestion that achieves this result. Given that time is of the essence, I sense doors of possibility may be closing day-by-day.

Anglo Large Clawed Otter Nov 20, 2008 9:37 am


Originally Posted by CO 1E (Post 10783844)
Are you willing to give up your mileage runs, long weekend jaunts overseas, and job that depends on air travel for the sake of conserving fossil fuels?

I hope a carbon-neutral alternative to Jet-A is developed in the near future. IIRC, some Lab had developed a bacterium that can excrete Bio-Diesel at a price that's competitive with fossil-fuels. It would take an area the size of Alabama to generate enough Bio-Diesel to satisfy domestic demand. I nominate Alabama. :D

COFan Nov 20, 2008 9:38 am


Originally Posted by CO 1E (Post 10783823)
So it was ok to give $350 billion (plus another $350 billion in the near future) to a bunch of i-bankers and other finance professionals who recklessly gambled everything away away over the past two years, with no strings attached (allowing them to acquire other banks instead of providing more market liquidity through increased lending), but it's not ok to give $25 billion to another industry that, just like finance, makes up a large amount of US GDP because people don't like their products and they take corporate jets to Washington? I don't really see why the auto industry should be treated any differently, at this point. If the rest of the economy were not in crisis, I would agree with not giving the auto industry a bailout. When the choice is bailout vs. depression, however (which I believe it is), there is no choice at all. Do what it takes to stop a depression now, and worry about the management and building cars that people like later. That's not even taking into account the fact that no one will buy cars from a bankrupt manufacturer.

Dont go running and put words in my mouth :) I was NOT in favor of the bailout at all! And we are seeing how usless that was, 1/2 of it is in and good banks and bad ones alike are having massive issues. (A side note, the greed and spending of some execs from banking world was far worse then I what I have seen from the Big 3, though still does not make it right)

And while I dont want a depression, what you advocate, I think would still bring on a depression. You have not treated the problem rather a symptom

Anglo Large Clawed Otter Nov 20, 2008 9:39 am


Originally Posted by COFan (Post 10783874)
You have not treated the problem rather a symptom

Sometimes the symptoms can be fatal. You gotta do some triage before you can work on the deeper, underlying issues. Both should be addressed.

ssullivan Nov 20, 2008 9:40 am


Originally Posted by Hartmann (Post 10783733)
I completely understand collateral in the automakers failing but at the same time, could they not go into bankruptcy, restructure, re-tool, etc. and get back on their feet?

Maybe, but who's going to finance that restructuring? Especially at a time when the banking industry is in the mess that it's currently in? And the fact is that bankruptcy will further erode consumer confidence in the products produced by GM, Ford, and Chrysler. New car sales are already in the toilet in the US for all automakers, both foreign and domestic. Honestly, would you buy a new GM that's not as reliable as a Honda or Toyota, or even a Hyundai or Kia, when GM is bankrupt with a completely uncertain future? When there's no guarantee that the dealer you purchased the car from will be in business 90 days from when you purchased the car? When there's a possibility that there won't be a network of dealers to service the car under warranty when something breaks on it after 20,000 miles? Most consumers are going to flee to the Japanese, Korean, and European automakers. The US automakers have already had to resort to 0% interest, massive rebates, and other concessions for years to artificially generate demand for their products. Bankruptcy would probably mean what few sales they're still making would evaporate. In that situation, getting the financing to reorganize would be extremely difficult, if not impossible.

I'm not a big fan of the government just bailing every business that fails out. But this is an incredibly bad situation the the entire nation's economy, and it's happening at a time when the rest of the economy is in pretty bad shape. If that entire industry was to fail, and we saw liquidations of most of GM and Chrysler, and a combination of government money and foreign investment used to prop up Ford and keep it open (and this is exactly the scenario many auto industry analysts see happening), it might take decades for the US economy to recover; it's quite possible we'd be plunged into a depression that makes the 1930s look like it was nothing.

Given the alternatives of seeing this nation plunged into that kind of depression or investing money into the auto industry to keep it alive, and then working on turning it around and making it a viable industry that produces competitive products, I'd rather see the government's involvement in the latter.

belynch Nov 20, 2008 9:40 am

Omni alert. Omni alert. Omini alert.

Hartmann Nov 20, 2008 9:40 am


Originally Posted by Anglo Large Clawed Otter (Post 10783799)
If we ever (God forbid) find ourselves in a WWIII situation that lasts more that 15 minutes, I think the government would do all it could to speed up the permitting process.

It's not permitting, it's the fact that a UPS for the government is actually different than a standard one.

If we do fight WWIII it would not be fought like WWII. Just like WWII was not fought like WWI.

All of the arguments I've read have leaned more toward a very contained conflict rather than a massive world at war scenario. But that is beyond the scope of the discussion.

There are stockpiles of military equipment that has been mothballed but could easily be turned out for use. My biggest fear would be munitions and munitions supply. A JDAM takes a lot more work to make versus an iron bomb dropped during WWII.

CO 1E Nov 20, 2008 9:41 am


Originally Posted by belynch (Post 10783639)
Being on CO51 originating in FRA I notice that there are several pax that are holding South American passports. With the demise of Varig I wonder how many pax now transit via the US to go to the EU. @:-)

A somewhat decent amount, based on my observations.

Anglo Large Clawed Otter Nov 20, 2008 9:41 am


Originally Posted by belynch (Post 10783891)
Omni alert. Omni alert. Omini alert.

:rolleyes: for good measure. :D

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100,000
99,999
99,998...

Hartmann Nov 20, 2008 9:43 am


Originally Posted by CO 1E (Post 10783844)
Are you willing to give up your mileage runs, long weekend jaunts overseas, and job that depends on air travel for the sake of conserving fossil fuels?

Yes. But I don't see what that has to do with the auto-industry.

I would like to see the U.S. become more of a mass-transit country but it won't happen. We like driving. I think that car makers will adapt, nuclear power will become a mainstay and hydrogen vehicles will be a mainstay.

And I'm done with politics in this thread. My apologies for leading it off into the netherworld.

Anglo Large Clawed Otter Nov 20, 2008 9:43 am


Originally Posted by Hartmann (Post 10783897)
It's not permitting, it's the fact that a UPS for the government is actually different than a standard one.

If we do fight WWIII it would not be fought like WWII. Just like WWII was not fought like WWI.

All of the arguments I've read have leaned more toward a very contained conflict rather than a massive world at war scenario. But that is beyond the scope of the discussion.

There are stockpiles of military equipment that has been mothballed but could easily be turned out for use. My biggest fear would be munitions and munitions supply. A JDAM takes a lot more work to make versus an iron bomb dropped during WWII.

Could it also be that the proprietary technology/processes for much military hardware is kept secret (and for good reason)? In time of a massive conflict, though, perhaps it would behoove the government to share the technological/manufacturing know-how to ramp-up production by other suppliers as necessary.

Anglo Large Clawed Otter Nov 20, 2008 9:45 am


Originally Posted by Hartmann (Post 10783916)
hydrogen vehicles will be a mainstay.

And I'm done with politics in this thread. My apologies for leading it off into the netherworld.

I'm not so sure about the viability of Hydrogen in the near to medium term. I think Plug-In Hybrids powered by renewable energy sources may come to dominate the market.


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