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Posted: 7/22/2010 6:40:01 AM EDT
http://www.realclearpolitics.com/video/2010/07/21/harry_reid_auto_bailout_probably_saved_ford.html




OK, he says "probably", but there is that certain irony that Ford was saved while declining the handout.    If they only could have saved the banks the same way...
Link Posted: 7/22/2010 6:42:47 AM EDT
[#1]
In other news, Reid is desperately trying to save his job.
Link Posted: 7/22/2010 6:44:39 AM EDT
[#2]
Wow, bailing out the other 2 automakers helped ford because they still have compitition?   Didn't
Ford not take bailout money. I'm confused...
Link Posted: 7/22/2010 6:44:55 AM EDT
[#3]
Reid is right. People said fuck Government Motors & Cry-Slur due to the bail out and bought Fords thus increasing Ford's market share.  
Link Posted: 7/22/2010 6:45:58 AM EDT
[#4]
I recall last year, how the Dems were deriding Ford for not taking the money, and saying "it's only a matter of time until they do."


Link Posted: 7/22/2010 6:46:33 AM EDT
[#5]
Wow, bailing out the other 2 automakers helped ford because they still have compitition?   Didn't
Ford not take bailout money. I'm confused...
Link Posted: 7/22/2010 6:47:02 AM EDT
[#6]
Quoted:
Reid is right. People said fuck Government Motors & Cry-Slur due to the bail out and bought Fords thus increasing Ford's market share.  


This.
Reid is right, just probably not in the way he thinks he is. Or maybe he acknowledges the backlash, I duno.

Posted Via AR15.Com Mobile
Link Posted: 7/22/2010 6:48:10 AM EDT
[#7]



Quoted:


Wow, bailing out the other 2 automakers helped ford because they still have compitition?   Didn't

Ford not take bailout money. I'm confused...


Weird, 2 minute delayed double tap.



 
Link Posted: 7/22/2010 6:48:57 AM EDT
[#8]
Yeah, must be Reid!
Link Posted: 7/22/2010 6:51:36 AM EDT
[#9]

Link Posted: 7/22/2010 6:54:01 AM EDT
[#10]

Link Posted: 7/22/2010 6:57:57 AM EDT
[#11]
Quoted:
Reid is right. People said fuck Government Motors & Cry-Slur due to the bail out and bought Fords thus increasing Ford's market share.  


this
Link Posted: 7/22/2010 6:59:09 AM EDT
[#12]
Forgot to add, Reid can suck a dick and fuck Obama...
Link Posted: 7/22/2010 7:01:58 AM EDT
[#13]
Alzheimer's is setting in.
Link Posted: 7/22/2010 7:08:14 AM EDT
[#14]
Quoted:
Quoted:
Reid is right. People said fuck Government Motors & Cry-Slur due to the bail out and bought Fords thus increasing Ford's market share.  


this


Sort of. Ford made some timely and desperate financial moves prior to the bust. They took huge loans against most of their liquid assets. So, when the bottom dropped out, they had operating cash. Rather than take the bailout, they took a wait and see sort of attitude. It was a bold move, but to the public, they seemed solvent (which technically, they were). This probably helped their sales.
Link Posted: 7/22/2010 7:18:42 AM EDT
[#15]
Quoted:
Quoted:
Quoted:
Reid is right. People said fuck Government Motors & Cry-Slur due to the bail out and bought Fords thus increasing Ford's market share.  


this


Sort of. Ford made some timely and desperate financial moves prior to the bust. They took huge loans against most of their liquid assets. So, when the bottom dropped out, they had operating cash. Rather than take the bailout, they took a wait and see sort of attitude. It was a bold move, but to the public, they seemed solvent (which technically, they were). This probably helped their sales.


This is where having the Ford Family in charge can make for decisive and bold strategies. I doubt GM would/could ever pull this off.

Link Posted: 7/22/2010 7:28:19 AM EDT
[#16]
Link Posted: 7/22/2010 7:36:52 AM EDT
[#17]



Quoted:


Wow, bailing out the other 2 automakers helped ford because they still have compitition?   Didn't

Ford not take bailout money. I'm confused...


Magnets.
Magnets... and rainbows.
 
Link Posted: 7/22/2010 7:43:03 AM EDT
[#18]
Quoted:
Quoted:
Quoted:
Quoted:
Reid is right. People said fuck Government Motors & Cry-Slur due to the bail out and bought Fords thus increasing Ford's market share.  


this


Sort of. Ford made some timely and desperate financial moves prior to the bust. They took huge loans against most of their liquid assets. So, when the bottom dropped out, they had operating cash. Rather than take the bailout, they took a wait and see sort of attitude. It was a bold move, but to the public, they seemed solvent (which technically, they were). This probably helped their sales.


This is where having the Ford Family in charge can make for decisive and bold strategies. I doubt GM would/could ever pull this off.



Agreed.  They embarked on a much needed restructuring and bet the farm to do it.  GM just couldn't follow suit because of its boated bureaucracy and "too big to fail" mentality.  Moreover, the "reforms" forced by the government upon GM were largely cosmetic.
Link Posted: 7/22/2010 7:54:32 AM EDT
[#19]
Didn't Reid invent email? Al-gore invented the Internet.
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