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Status: Not Logged In; Sign In LEFT WING LOONS See other LEFT WING LOONS Articles Title: Harry Reid: Auto Bailout Probably Saved Ford [ Fprd didnt get or need help ] Source: realclearpolitics.com URL Source: http://www.realclearpolitics.com/vi ... ilout_probably_saved_ford.html Published: Jul 22, 2010 Author: realclearpolitics.com Post Date: 2010-07-22 15:51:16 by WhiteSands Keywords: Harry Reid:, liberals Views: 24988 Comments: 6 SEN. HARRY REID (D-NV): "Isn't it a good thing today in America that we have an automobile manufacturing sector? If it had been up to them [Republicans], General Motors would be gone. If it were up to them, Ford Motor Company would probably be gone. Chrysler definitely would be gone." Ford did not take any bailout money from the government. Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 4. #1. To: WhiteSands (#0) Reid was right when this was posted earlier too: http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=11423 go65  posted on  2010-07-22   15:51:56 ET  Reply   Untrace   Trace   Private Reply   #3. To: go65 (#1) Here's the complete text from the link you provided in your post: http://www.thetruthaboutcars.com/ford-scores-more-european-aid/ Copy where it says US loans. "Ford has once again snagged aid from a European government, as The Wall Street Journal [sub] reports that the British government has approved a £360m ($543m) guarantee on a £450 ($676.4m) European Investment Bank loan to The Blue Oval. The money will be used to fund a £1.5b ($2.25b) investment in four British Ford manufacturing sites. In an official statement, British Business Minister Mark Prisk said [Ford's] investment of GBP1.5 billion over the next five years is a great opportunity to take the lead in developing low-carbon manufacturing. This backing from the government will help to ensure the long-term success of manufacturing in the U.K. and make sure we are at the forefront of new technologies The money will be used to safeguard 2,800 British jobs, and help Ford develop a new generation of low-carbon engines as well as for development of commercial vehicles. This despite the fact that Ford of Europe had previously laid into GM’s persistent requests for European aid in restructuring its Opel division." WhiteSands  posted on  2010-07-22   16:06:14 ET  Reply   Untrace   Trace   Private Reply   #4. To: WhiteSands (#3) This assclown has no clue. Ford almost went bankrupt in the 50's and again in the post '79 recession. I couldn't stand working on their products and actually worked for Philco-Ford when I was a kid. Put in 3 patent applications as a co-op student. Hated their product so much when I was looking for work in MI I turned down all phone calls trying to recruit me to Ford. The guys at Ford probably remembered me from my co-op days, good guys but no way I was going back. Ford was in such dire straights they asked their suppliers for advice. Real simple, use the advice of the American who told the Japanese how to make cars and how to get the quality up. Don't build stuff that requires every wrench in the world to fix it. Ford is financially deteriorating, I hope they hang in there. I've been driving their trucks since 1984 and wouldn't consider anything from Govt Motors. I turned down GM's offer to work at Pontiac six minutes from my apartment. They showed me a prototype of the Chevy Citation series, looked like the crap it was. 4 years of development to engineer crap? Losers. reaganisright  posted on  2010-07-22   16:55:28 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 4.         There are no replies to Comment # 4. End Trace Mode for Comment # 4. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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