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Old 12-04-2008, 12:43 AM   #62
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Getting confused as to which thread to post in now: GM CEO Rolling Up Capitol Hill In a Chevy Volt | Autopia from Wired.com

Are Tesla going?
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Old 12-04-2008, 06:30 AM   #63
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TM is not looking for a BAILOUT and I think they should stay as far away from that BAD publicity as possible
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Old 12-04-2008, 08:37 AM   #64
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Michael Moore on the Bailout
[video]
"They (the D3) don't have a clue"
"GM wants 18 Billion dollars when they are worth less than 3 Billion."
"This car thing is not working out...you need to build..."
"We're going to own their a**"
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The world loves to be deceived.
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Old 12-04-2008, 08:51 AM   #65
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Quote:
Originally Posted by dpeilow View Post
Getting confused as to which thread to post in now...
Heh... me too.

The way I see it, this thread is about a bailout for the auto industry in general. The other thread (http://www.teslamotorsclub.com/news-...3-bailout.html) is about Tesla applying for the DOE loan and their opposition to it being turned into a bailout for the D3. A small distinction, perhaps, but different enough that I'd prefer not to merge the threads. Of course, there'll be some crosstalk, and that's fine. I guess if your post is specifically about Tesla, the other thread is probably more appropriate.
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Old 12-04-2008, 09:28 AM   #66
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Automakers vow change and plead for aid in Congress - Yahoo! News
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Old 12-04-2008, 11:27 AM   #67
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Rep. Bob Corker of Tennessee is busting their chops (I applaud this man, as well as Mr. Tester), and it seems that even now they still do not have all of the information together required to intelligently present their case to the House...still!

Perhaps none to surprisingly ("?") "Chrysler" (the only privately held automaker of the three) has not only the stronger footing in the present malaise, but also the better business plan ("Dodge EV" anyone?).

Uh oh, members of the general public are weighing in on the proceedings with chants of "A bailout is a sellout!!" They've now been removed.

Last edited by just-an-allusion; 12-04-2008 at 02:19 PM..
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Old 12-04-2008, 11:34 AM   #68
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Automakers plead with Congress for emergency cash - Yahoo! News
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Old 12-04-2008, 12:06 PM   #69
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Martin's Take:

Rescue Detroit Tesla Founders Blog

Quote:
Let me get straight to the point. I strongly believe that we should rescue Ford, GM, and Chrysler immediately. This is about millions of American jobs, national security, and whether or not we want to be a country that actually makes things, as opposed to serving burgers to each other and to the salesmen of foreign products.

The Detroit 3 are not perfect companies, and some of their woes were brought on by themselves. But this crisis comes principally from Wall Street, not Detroit.
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Old 12-04-2008, 12:52 PM   #70
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And so it is that they adjourn largely still unresolved.

While very anti-climatic, I am pleased that they (Congress) are not rushing headlong into some action without taking into consideration all of the factors contributing to the current sessions, i.e., they (the "Big 3") got themselves into this situation, should they actually be allowed to get themselves out?

What there seems to be some consensus over is that bankruptcy is not a viable option, at this point anyway, but nor is handing the automakers a blank check, and especially not forcing a large part of the labor force into unemployment.

Time will tell.

Last edited by just-an-allusion; 12-04-2008 at 12:54 PM..
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