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The U.S. is going tits up....

so what lesson do we learn here? is it the fact that every time the US govt de-regulates a major industry they fuck it up? in the long term it creates less competition, higher prices and more fraud....

Yes, but don't count on the Republicans to get that. I heard one on the radio this morning say that the answer to all of this was more deregulation.
 
and now the detroit automakers want a federal loan to stay afloat because they build shitty cars and can't compete with the japanese/koreans/europeans....:hmm:

yes, capitalism at its finest :rolleyes:
 
and now the detroit automakers want a federal loan to stay afloat because they build shitty cars and can't compete with the japanese/koreans/europeans....:hmm:

yes, capitalism at its finest :rolleyes:

Fords have actually come a long way in recent years. Their reliabilty stats and manufacturing defect rate stats are actually pretty good. Now if they could just understand the concept of fuel efficiency....
 
Fords have actually come a long way in recent years. Their reliabilty stats and manufacturing defect rate stats are actually pretty good. Now if they could just understand the concept of fuel efficiency....

in general the american auto makers are 10 to 15 years behind the japanese in reliability, quality and fuel-efficiency. the americans also tend to look short-term while the competitors that are kicking the shit out of them tend to look long-term.
 
in general the american auto makers are 10 to 15 years behind the japanese in reliability, quality and fuel-efficiency. the americans also tend to look short-term while the competitors that are kicking the shit out of them tend to look long-term.


The thing is American manufacturers had the fuel efficiency issue well in hand years ago and then they backed off. I recently gave up a mid-80s Pontiac that got 45 mpg. The vehicle that replaced it doesn't get anywhere near that milage.
 
Another problem with the car industry is the high cost of labour. iirc, an assembly worker in St. Thomas gets/got $35 an hour. That's a lot higher than other manufacturers.
 
in general the american auto makers are 10 to 15 years behind the japanese in reliability, quality and fuel-efficiency. the americans also tend to look short-term while the competitors that are kicking the shit out of them tend to look long-term.

They could fix that in the time it took to have a board meeting. They know what they're doing. A long time back they figured the more often they could make you buy a car or the parts the more money they'd make.
 
I heard that Japanese cars use the same car (guts, frames, main chassis) and then put different aesthetic panelling on it every couple of years as the Japanese tradition is to buy a new car quite often. The fundamentals of the car stay the same for 10 or so years and so reliability problems are ironed out.

As opposed to Euro and US cars who change the whole lot more often because people buy less new cars and so the problems arent that ironed out before they get in a completely new model.

Or something.
 
In the US they want you to trade your car in every two years for the latest style and gadgetry. Nevertheless the parts don't last. Don't they have that 40k mile rule in Japan where cars have to have the engine replaced?
 
so what lesson do we learn here? is it the fact that every time the US govt de-regulates a major industry they fuck it up? in the long term it creates less competition, higher prices and more fraud....

Is that the problem though? I seem to recall the failures of National City Bank and Chemical Bank, back before the current round of deregulation.
 
fucking great! now the latest fashionista trend if for women to go out and buy Sarah Palin eye-wear. Just fucking wonderful. :mad:
 
Heard today, the US govt is going to save the banks by buying up all the subprime mortgages. It won't let everything go into the toilet, just like it saved the day back in the savings and loan crisis.
 
You should google image Wasilla.

wasilla-756275.jpg


:confused:

It looks nice.
 
I heard this incredible Speech today on The US economy on Alternative Radio by Kevin Phillips who was Nixon's chief political analyst...it's too bad it isn't streaming for free on the net...but it he pretty much summed up how and why we have arrived at this cocktail of a disaster and why it's not going to get better :(

here's his bio and the link to the speech which unfortunately isn't free...I may have to do something about that...
http://www.alternativeradio.org/programs/PHIK003.shtml
 
It looks just fine. It's the thought of someone going from mayor of that town, essentially to VP of the United States, that gives pause.

And that's worse than Obama's rise to the senate and possibly the highest office of exec in the same amount of time.

Obama's playing everybody for fools with his 'change' shit. It's going to be business as usual al la Rezko, not to mention how plugged in he is with big business.

Who are the fools? During election time people can't tell a dead crab from whizzo butter.
 
Apparently in Santa Barbara, California, they have a large parking lot in the town, where they allow middle class people who've gone bankrupt, lost their homes etc, to park their cars and sleep at night.


Watch this..all about families on the road...shot in 2008 I think...very interesting as it is illegal to sleep in a car in some states...well I think the roads are going to get a lot busier now.

http://uk.youtube.com/watch?v=l3OFWYb4GWk
 
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