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Posted: 10/26/2010 7:13:21 AM EDT
http://money.cnn.com/2010/10/26/news/companies/ford_earnings/index.htm?hpt=T2
And they didn't need a bailout to do it either.  Amazing, capitalism works. Maybe Obama-lama might even try it sometime 
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Posted: 10/26/2010 7:15:34 AM EDT
[#1]
I kick myself daily for not buying Ford stock when I had the chance...
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Posted: 10/26/2010 7:18:22 AM EDT
[#2]
Quoted:
I kick myself daily for not buying Ford stock when I had the chance... You aren't the only one. 
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Posted: 10/26/2010 7:22:02 AM EDT
[#3]
You forget.
Profit is bad. Taxes are good. Try again, comrade. |
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Posted: 10/26/2010 7:23:31 AM EDT
[#4]
I like Ford Motor Company.
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Posted: 10/26/2010 7:24:24 AM EDT
[#5]
Quoted: Quoted: I kick myself daily for not buying Ford stock when I had the chance... You aren't the only one.  |
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Posted: 10/26/2010 7:25:34 AM EDT
[#6]
I wish I would have gotten some of my money invested into them.
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Posted: 10/26/2010 7:25:35 AM EDT
[#7]
Yep, GM should have gone under and all the other automakers including Ford should have scooped up their market share. Why we spent any money at all to bail them out is beyond me. If there was any value in that company then competitors would have been lining up to buy their plants and equipment. If there wasn't, then it should have failed like any other business that can't meet a consumer need at a profit.
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Posted: 10/26/2010 7:27:37 AM EDT
[#8]
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Posted: 10/26/2010 7:27:41 AM EDT
[#9]
I bought some Ford stock but not nearly as much as I should have in hindsight.
Oh well, you can't win 'em all.
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Posted: 10/26/2010 7:27:59 AM EDT
[#10]
I just bought a new Ford.
While searching for cars we never even bothered to check bailed out corporations. |
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Posted: 10/26/2010 7:28:04 AM EDT
[#11]
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor!
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Posted: 10/26/2010 7:32:34 AM EDT
[#12]
I replaced my Chevy pick-up with a Ford Ranger...about 3 weeks ago.
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Posted: 10/26/2010 7:33:19 AM EDT
[#13]
I bought a lot at 5.00 a share woo hoo
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Posted: 10/26/2010 7:38:09 AM EDT
[#14]
Quoted: Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! Oh, I'm sure the UAW is positively salivating at the prospect of sucking on a much healthier tit, come contract negotiation time. |
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Posted: 10/26/2010 7:59:43 AM EDT
[#15]
Quoted:
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! You have to be willfully ignorant to not recognize the impact that organized labor has had on our declining manufacturing sector. So Ford made a profit this past quarter, big fucking deal. How about the hundreds of other companies which have kicked the bucket because they were unable to compete using union labor? You guys will never be able to get around the fact that above market compensation derived from collusion results in market inefficiency expressed as lost jobs and reduce GDP. It is mathematical fact and no amount of anecdotal evidence which can be construed to imply the opposite is going to change that. If you cared about your country much less your own standard of living, you'd concern yourself with the facts rather than the self centered approach of exploiting a form of legalized collusion. |
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Posted: 10/26/2010 8:08:46 AM EDT
[#16]
Up with Ford and capitalism, down with GM and communism
Posted Via AR15.Com Mobile |
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Posted: 10/26/2010 8:13:44 AM EDT
[#17]
Quoted:
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! Imagine how much less you, as a consumer, could have paid for a Ford product if Ford did not have to deal with the UAW. Imagine how much more profits you, as a Ford shareholder, could have gotten if Ford did not have to deal with the UAW. Ford is succeeding despite having those parasitic leeches as the millstone around its neck. For that, Ford management is to be congratulated. It saddens me to think how much more success they could have if they were permitted to bust the union. |
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Posted: 10/26/2010 8:18:44 AM EDT
[#18]
Quoted:
Up with Ford and capitalism, down with GM and communism Posted Via AR15.Com Mobile 
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Posted: 10/26/2010 8:27:07 AM EDT
[#19]
Quoted:
Quoted:
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! You have to be willfully ignorant to not recognize the impact that organized labor has had on our declining manufacturing sector. So Ford made a profit this past quarter, big fucking deal. How about the hundreds of other companies which have kicked the bucket because they were unable to compete using union labor? You guys will never be able to get around the fact that above market compensation derived from collusion results in market inefficiency expressed as lost jobs and reduce GDP. It is mathematical fact and no amount of anecdotal evidence which can be construed to imply the opposite is going to change that. If you cared about your country much less your own standard of living, you'd concern yourself with the facts rather than the self centered approach of exploiting a form of legalized collusion. Glen Beck? Is that really you? |
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Posted: 10/26/2010 8:28:20 AM EDT
[#20]
Quoted:
Quoted:
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! Imagine how much less you, as a consumer, could have paid for a Ford product if Ford did not have to deal with the UAW. Imagine how much more profits you, as a Ford shareholder, could have gotten if Ford did not have to deal with the UAW. Ford is succeeding despite having those parasitic leeches as the millstone around its neck. For that, Ford management is to be congratulated. It saddens me to think how much more success they could have if they were permitted to bust the union. The labor cost of a Ford Vehicle is less then 7% of the sticker. Funny thing is, its the same fucking labor cost for the Jap crap toyotas too. BTW, Ford was the only Big 3 Mfg who's employees took a COA reduction in order for Ford to turn a profit. Thats something the media just wont tell you. |
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Posted: 10/26/2010 8:33:15 AM EDT
[#21]
Quoted:
Quoted:
Quoted:
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! Imagine how much less you, as a consumer, could have paid for a Ford product if Ford did not have to deal with the UAW. Imagine how much more profits you, as a Ford shareholder, could have gotten if Ford did not have to deal with the UAW. Ford is succeeding despite having those parasitic leeches as the millstone around its neck. For that, Ford management is to be congratulated. It saddens me to think how much more success they could have if they were permitted to bust the union. The labor cost of a Ford Vehicle is less then 7% of the sticker. That's the labor cost of actually putting it together. I doubt that includes the true cost of Labor. |
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Posted: 10/26/2010 8:38:41 AM EDT
[#22]
Quoted:
Quoted:
Quoted:
Quoted:
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! Imagine how much less you, as a consumer, could have paid for a Ford product if Ford did not have to deal with the UAW. Imagine how much more profits you, as a Ford shareholder, could have gotten if Ford did not have to deal with the UAW. Ford is succeeding despite having those parasitic leeches as the millstone around its neck. For that, Ford management is to be congratulated. It saddens me to think how much more success they could have if they were permitted to bust the union. The labor cost of a Ford Vehicle is less then 7% of the sticker. That's the labor cost of actually putting it together. I doubt that includes the true cost of Labor. Nope, what most people get confused about is the legacy costs that GM aquired. Ford put its own investments into it legacy costs so that wont drag them down like GM. The last Harbour Report had Ford and Toyota the exact same on cost of production here in the US. I know alot of the rice burner fanboys hate to hear the truth. I guess thats why they are trolling this thread. |
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Posted: 10/26/2010 8:40:41 AM EDT
[#23]
Bought 5000 at $1.74 as a long term hold.
Best deal I ever pulled a trigger on |
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Posted: 10/26/2010 8:42:22 AM EDT
[#24]
Quoted:
Bought 5000 at $1.74 as a long term hold. Best deal I ever pulled a trigger on Thats when I sold most of mine off. I thought the bottom was going to fall out. Switched over to a Contra Fund (?) that has done pretty good. |
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Posted: 10/26/2010 8:58:52 AM EDT
[#25]
Quoted: Quoted: Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! Oh, I'm sure the UAW is positively salivating at the prospect of sucking on a much healthier tit, come contract negotiation time. And hopefully if Ford is smart they don't give too much. Having been to GM and Ford facilities that are UAW I honestly don't know how they are still in business. The UAW makes retards out of most of the workers and management just joins in on the retardedness. |
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Posted: 10/26/2010 9:28:51 AM EDT
[#26]
Quoted:
Quoted:
Quoted:
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! You have to be willfully ignorant to not recognize the impact that organized labor has had on our declining manufacturing sector. So Ford made a profit this past quarter, big fucking deal. How about the hundreds of other companies which have kicked the bucket because they were unable to compete using union labor? You guys will never be able to get around the fact that above market compensation derived from collusion results in market inefficiency expressed as lost jobs and reduce GDP. It is mathematical fact and no amount of anecdotal evidence which can be construed to imply the opposite is going to change that. If you cared about your country much less your own standard of living, you'd concern yourself with the facts rather than the self centered approach of exploiting a form of legalized collusion. Glen Beck? Is that really you? Yes it is. But seriously, tell me where I'm wrong. I've yet to have even a SINGLE union cheerleader even attempt to show me how I'm wrong. The second I break out the rational mathematical explanation of why unions reduce standard of living and create unemployment they just retreat into ad hominem attacks or disappear from the thread all together because they have no valid argument. Unlike you, I'm able and willing to debate this on a factual level. |
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Posted: 10/26/2010 9:32:19 AM EDT
[#27]
Great news. I got into F but not as early as I should have...not enough to make a killing but I'm happy with a 17%+ return at this point just the same.
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Posted: 10/26/2010 9:35:39 AM EDT
[#28]
Quoted:
Great news. I got into F but not as early as I should have...not enough to make a killing but I'm happy with a 17%+ return at this point just the same. You can't go broke making 17%. 
I'd be happy to average half that every year for the rest of my life. |
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Posted: 10/26/2010 9:37:27 AM EDT
[#29]
I think it's weird when people here say "Fuck Ford!" because they have to use UAW labor. That's like passing a woman getting raped in an alley and saying "Fuck you!" to her because she's having sex with a criminal.
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Posted: 10/26/2010 9:38:31 AM EDT
[#30]
Quoted:
Quoted:
Quoted:
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! Imagine how much less you, as a consumer, could have paid for a Ford product if Ford did not have to deal with the UAW. Imagine how much more profits you, as a Ford shareholder, could have gotten if Ford did not have to deal with the UAW. Ford is succeeding despite having those parasitic leeches as the millstone around its neck. For that, Ford management is to be congratulated. It saddens me to think how much more success they could have if they were permitted to bust the union. The labor cost of a Ford Vehicle is less then 7% of the sticker. Funny thing is, its the same fucking labor cost for the Jap crap toyotas too. BTW, Ford was the only Big 3 Mfg who's employees took a COA reduction in order for Ford to turn a profit. Thats something the media just wont tell you. Even if your assertion is true, it doesn't change the above facts. As a consumer, even if ditching the UAW only nets me a 0.000000000001% reduction in price, I consider it a win. As a stockholder, even if ditching the UAW only nets me a 0.000000000001% additional return in investment, I consider it a win. Anytime you eliminate waste, it is a win. |
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Posted: 10/26/2010 9:42:10 AM EDT
[#31]
I Just bought a 2010 F150 XLT. Leather, chrome, SYNC, chrome package, towing package, etc...
I've been really happy with it, surprised actually.
It was hard to swallow the idea of a UAW built truck, but the price and features offered put it above the competition. I leased a Tundra before this purchase, btw.   |
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Posted: 10/26/2010 9:48:49 AM EDT
[#32]
Quoted:
I Just bought a 2010 F150 XLT. Leather, chrome, SYNC, chrome package, towing package, etc... I've been really happy with it, surprised actually. It was hard to swallow the idea of a UAW built truck, but the price and features offered put it above the competition. I leased a Tundra before this purchase, btw. http://i46.photobucket.com/albums/f134/skygod99/62888_1636419712973_1311127054_1721704_2375944_n.jpg What would you say to an individual who told you that Tundras are superior to F-150s? |
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Posted: 10/26/2010 9:56:05 AM EDT
[#33]
They are doing something right.
I have good credit, good income to debt ratio and a great job and the they didn't want to work with the numbers with me. I am sure when the market takes a turn to the south, my mail box will be lit up with the dealerships deals and incentives. Good for them, but their cars are not THAT good where I am just going to pay for a car with "no". They just are not GM or Chrysler, I am sure that is a HUGE factor. |
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Posted: 10/26/2010 9:57:46 AM EDT
[#34]
Quoted: I would say "Go bait someone else into a useless argument."Quoted: I Just bought a 2010 F150 XLT. Leather, chrome, SYNC, chrome package, towing package, etc... I've been really happy with it, surprised actually. It was hard to swallow the idea of a UAW built truck, but the price and features offered put it above the competition. I leased a Tundra before this purchase, btw. http://i46.photobucket.com/albums/f134/skygod99/62888_1636419712973_1311127054_1721704_2375944_n.jpg What would you say to an individual who told you that Tundras are superior to F-150s? |
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Posted: 10/26/2010 10:00:08 AM EDT
[#35]
Quoted:
Quoted:
I would say "Go bait someone else into a useless argument."
Quoted:
I Just bought a 2010 F150 XLT. Leather, chrome, SYNC, chrome package, towing package, etc... I've been really happy with it, surprised actually. It was hard to swallow the idea of a UAW built truck, but the price and features offered put it above the competition. I leased a Tundra before this purchase, btw. http://i46.photobucket.com/albums/f134/skygod99/62888_1636419712973_1311127054_1721704_2375944_n.jpg What would you say to an individual who told you that Tundras are superior to F-150s? I'm a Ford guy, I was just wondering what you liked better about the Ford than the Toyota. I wasn't trying to bait you, and I apologize for giving you that impression. Edit: I have never had the chance to drive anything that new, and was just wondering. |
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Posted: 10/26/2010 10:02:49 AM EDT
[#36]
I'm betting a good deal of their newfound popularity has to do with not accepting government money. A good many (majority?) of the people with the means to buy a new car are capitalists and choose Ford over the others for this reason alone.
Of course, I've always been a Ford guy. I don't even know why... my dad always bought Fords, now I do as well. Oh well... |
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Posted: 10/26/2010 10:04:39 AM EDT
[#37]
Quoted: Quoted: Quoted: I would say "Go bait someone else into a useless argument."Quoted: I Just bought a 2010 F150 XLT. Leather, chrome, SYNC, chrome package, towing package, etc... I've been really happy with it, surprised actually. It was hard to swallow the idea of a UAW built truck, but the price and features offered put it above the competition. I leased a Tundra before this purchase, btw. http://i46.photobucket.com/albums/f134/skygod99/62888_1636419712973_1311127054_1721704_2375944_n.jpg What would you say to an individual who told you that Tundras are superior to F-150s? I'm a Ford guy, I was just wondering what you liked better about the Ford than the Toyota. I wasn't trying to bait you, and I apologize for giving you that impression. Edit: I have never had the chance to drive anything that new, and was just wondering. Not the exact same trucks, but my wife and I were looking at vehicles recently...the Sequoia (based on the Tundra) just wasn't as comfortable as the Expedition to us... I'm of the opinion that the Toyota might be a bit more reliable in the long term, but you can't go wrong with either vehicle as they will both (likely) be reliable for the time that we own them. |
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Posted: 10/26/2010 10:10:57 AM EDT
[#38]
Quoted: Quoted: Quoted: I would say "Go bait someone else into a useless argument."Quoted: I Just bought a 2010 F150 XLT. Leather, chrome, SYNC, chrome package, towing package, etc... I've been really happy with it, surprised actually. It was hard to swallow the idea of a UAW built truck, but the price and features offered put it above the competition. I leased a Tundra before this purchase, btw. http://i46.photobucket.com/albums/f134/skygod99/62888_1636419712973_1311127054_1721704_2375944_n.jpg What would you say to an individual who told you that Tundras are superior to F-150s? I'm a Ford guy, I was just wondering what you liked better about the Ford than the Toyota. I wasn't trying to bait you, and I apologize for giving you that impression. Edit: I have never had the chance to drive anything that new, and was just wondering. No, not at all. Thats what I would say to someone looking for some static with a "Mine vs Yours" cock measuring argument. I respond with that, because thats what it is. I research and buy the product that fits my family's requirements. About the trucks: The Ford had provided more features in the same model type. I liked that. I also liked how it was a little smaller than the Tundra. I dont know if you guys know, but the Tundras are freaking HUGE. I liked having a slightly smaller chassis to drive around but still have the same capability, if not more. I liked the interior better on the Ford as well. Things just seemed "nicer". Hell, I got leather put in as part of the deal. The wife liked how it was not as tall as the Tundra, I agreed. My last truck didnt have any towing apparatus installed. It was a sport model. I leased that one because I could not imagine a need to pull anything. The Ford has a towing package already. Ford has been building trucks for a LONG time, so I think I made a safe bet with a Ford truck. Lastly, the price was one of the big factors. The wife and I checked out both the Ford and the CrewMax Tundra. Ford offered $7500 in factory rebates total + what the dealer took off. Toyota could not even come close. That and SYNC is pretty friggin cool. Just had the front windows tinted and leather installed a few weeks ago. I really like this truck. I really did have a hard time with the UAW / Union stuff about this truck but I got past it. I feel confident I made the right purchase.  ETA: Formatting |
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Posted: 10/26/2010 10:24:35 AM EDT
[#39]
Quoted:
http://money.cnn.com/2010/10/26/news/companies/ford_earnings/index.htm?hpt=T2 And they didn't need a bailout to do it either. Amazing, capitalism works. Maybe Obama-lama might even try it sometime Obama does not want capitalism to work. He so desperately wants socialism to work he will tamper with whatever is necessary to make it look like socialism works, even though it doesn't. |
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Posted: 10/26/2010 10:35:29 AM EDT
[#40]
I'm glad Ford got back on it's feet without taking a hand out from the Government. I'm sure the current regime will find a way to punish Ford Motor Company for being successful. It's the way of the modern Democrat.  |
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Posted: 10/26/2010 10:38:44 AM EDT
[#41]
Quoted:
I Just bought a 2010 F150 XLT. Leather, chrome, SYNC, chrome package, towing package, etc... I've been really happy with it, surprised actually. It was hard to swallow the idea of a UAW built truck, but the price and features offered put it above the competition. I leased a Tundra before this purchase, btw. http://i46.photobucket.com/albums/f134/skygod99/62888_1636419712973_1311127054_1721704_2375944_n.jpg Ahh, Ford is making their record profits off the sale of chrome bling and Tire Wet? |
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Posted: 10/26/2010 10:42:22 AM EDT
[#42]
Quoted:
Quoted:
Quoted:
Quoted:
I would say "Go bait someone else into a useless argument."
Quoted:
I Just bought a 2010 F150 XLT. Leather, chrome, SYNC, chrome package, towing package, etc... I've been really happy with it, surprised actually. It was hard to swallow the idea of a UAW built truck, but the price and features offered put it above the competition. I leased a Tundra before this purchase, btw. http://i46.photobucket.com/albums/f134/skygod99/62888_1636419712973_1311127054_1721704_2375944_n.jpg What would you say to an individual who told you that Tundras are superior to F-150s? I'm a Ford guy, I was just wondering what you liked better about the Ford than the Toyota. I wasn't trying to bait you, and I apologize for giving you that impression. Edit: I have never had the chance to drive anything that new, and was just wondering. No, not at all. Thats what I would say to someone looking for some static with a "Mine vs Yours" cock measuring argument. I respond with that, because thats what it is. I research and buy the product that fits my family's requirements. About the trucks: The Ford had provided more features in the same model type. I liked that. I also liked how it was a little smaller than the Tundra. I dont know if you guys know, but the Tundras are freaking HUGE. I liked having a slightly smaller chassis to drive around but still have the same capability, if not more. I liked the interior better on the Ford as well. Things just seemed "nicer". Hell, I got leather put in as part of the deal. The wife liked how it was not as tall as the Tundra, I agreed. My last truck didnt have any towing apparatus installed. It was a sport model. I leased that one because I could not imagine a need to pull anything. The Ford has a towing package already. Ford has been building trucks for a LONG time, so I think I made a safe bet with a Ford truck. Lastly, the price was one of the big factors. The wife and I checked out both the Ford and the CrewMax Tundra. Ford offered $7500 in factory rebates total + what the dealer took off. Toyota could not even come close. That and SYNC is pretty friggin cool. Just had the front windows tinted and leather installed a few weeks ago. I really like this truck. I really did have a hard time with the UAW / Union stuff about this truck but I got past it. I feel confident I made the right purchase.
ETA: Formatting Nice. 
I'll probably have to wait until these are at least ten years old before I can hope to get behind the wheel of one. I hope you continue to be happy with your truck. |
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Posted: 10/26/2010 10:43:59 AM EDT
[#43]
Quoted: They are doing something right. I have good credit, good income to debt ratio and a great job and the they didn't want to work with the numbers with me. Huh. I have the same and they happily gave me 0% for 72 months on a '10 Mustang. |
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Posted: 10/26/2010 10:46:02 AM EDT
[#44]
I just can't stomach the thought of supporting the UAW, no matter the make of vehicle. Well, I think I could make an exception for a corvette.
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Posted: 10/26/2010 10:47:05 AM EDT
[#45]
Quoted:
Quoted:
Quoted:
Quoted:
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! You have to be willfully ignorant to not recognize the impact that organized labor has had on our declining manufacturing sector. So Ford made a profit this past quarter, big fucking deal. How about the hundreds of other companies which have kicked the bucket because they were unable to compete using union labor? You guys will never be able to get around the fact that above market compensation derived from collusion results in market inefficiency expressed as lost jobs and reduce GDP. It is mathematical fact and no amount of anecdotal evidence which can be construed to imply the opposite is going to change that. If you cared about your country much less your own standard of living, you'd concern yourself with the facts rather than the self centered approach of exploiting a form of legalized collusion. Glen Beck? Is that really you? Yes it is. But seriously, tell me where I'm wrong. I've yet to have even a SINGLE union cheerleader even attempt to show me how I'm wrong. The second I break out the rational mathematical explanation of why unions reduce standard of living and create unemployment they just retreat into ad hominem attacks or disappear from the thread all together because they have no valid argument. Unlike you, I'm able and willing to debate this on a factual level. Toyota Us worker pay per hour here in Georgetown Ky = $28.00 per hour Ford/UAW employee here in Louisville Ky = $26.50 per hour Tell me where I am wrong. Btw, I'm not a UAW cheerleader, unions served a great purpose back in the day, but I m all about making that kind of money myself. Wouldnt you? |
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Posted: 10/26/2010 10:49:14 AM EDT
[#46]
Quoted: Quoted: I Just bought a 2010 F150 XLT. Leather, chrome, SYNC, chrome package, towing package, etc... I've been really happy with it, surprised actually. It was hard to swallow the idea of a UAW built truck, but the price and features offered put it above the competition. I leased a Tundra before this purchase, btw. http://i46.photobucket.com/albums/f134/skygod99/62888_1636419712973_1311127054_1721704_2375944_n.jpg Ahh, Ford is making their record profits off the sale of chrome bling and Tire Wet? Yep, thats why I bought it.  |
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Posted: 10/26/2010 11:04:57 AM EDT
[#47]
I have to admit Ford makes a very good truck. I had a new F150 without all the options but with enough as a rental truck in TX. 4WD, pretty good gas mileage, smooth ride. It is light years better than the mid 1990s one I was far more familiar with at home.
I'll definetely give them a look when its time to replace the old hoe. |
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Posted: 10/26/2010 11:05:07 AM EDT
[#48]
Guys its not too late to buy ford. Even at 14 a share its a deal.
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Posted: 10/26/2010 11:06:11 AM EDT
[#49]
Quoted:
Quoted:
They are doing something right. I have good credit, good income to debt ratio and a great job and the they didn't want to work with the numbers with me. Huh. I have the same and they happily gave me 0% for 72 months on a '10 Mustang. It was the bottom line of the car I was looking for. 6 years on a vehicle loan? Whoa.....I understand it is 0%, but 6 years? |
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Posted: 10/26/2010 12:47:04 PM EDT
[#50]
Quoted:
Quoted:
Quoted:
Quoted:
Quoted:
Those damn UAW workers! Ford will never make a profit as long as they have to deal w/organized labor! You have to be willfully ignorant to not recognize the impact that organized labor has had on our declining manufacturing sector. So Ford made a profit this past quarter, big fucking deal. How about the hundreds of other companies which have kicked the bucket because they were unable to compete using union labor? You guys will never be able to get around the fact that above market compensation derived from collusion results in market inefficiency expressed as lost jobs and reduce GDP. It is mathematical fact and no amount of anecdotal evidence which can be construed to imply the opposite is going to change that. If you cared about your country much less your own standard of living, you'd concern yourself with the facts rather than the self centered approach of exploiting a form of legalized collusion. Glen Beck? Is that really you? Yes it is. But seriously, tell me where I'm wrong. I've yet to have even a SINGLE union cheerleader even attempt to show me how I'm wrong. The second I break out the rational mathematical explanation of why unions reduce standard of living and create unemployment they just retreat into ad hominem attacks or disappear from the thread all together because they have no valid argument. Unlike you, I'm able and willing to debate this on a factual level. Toyota Us worker pay per hour here in Georgetown Ky = $28.00 per hour Ford/UAW employee here in Louisville Ky = $26.50 per hour Tell me where I am wrong. Btw, I'm not a UAW cheerleader, unions served a great purpose back in the day, but I m all about making that kind of money myself. Wouldnt you? You're wrong because you've only accounted for direct labor costs. Regardless, it is a fact that Ford has far less control over direct labor costs than non-union companies such as the foreign makers. |
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