Why Obama doesn't dare speak about Detroit

Page 2 of 2 Previous  1, 2

View previous topic View next topic Go down

Re: Why Obama doesn't dare speak about Detroit

Post  Darth Cheney on Sat Aug 03, 2013 1:03 pm

RedWhiteBlue wrote:
Darth Cheney wrote:
RedWhiteBlue wrote:
Darth Cheney wrote:Wow that is really interesting...and yet at the same time Toyota, Honda, and other car manufactures were at record sales and profits.  I wonder what difference there was between the big three and the foreign car manufactures:scratch: ?

Nope. Huge declines there too. You have much more studying to do, Darth.
At least, you admit to the auto industry decline in Detroit. That's all that was relevant to this discussion, anyway.

So apparently if I understand you correctly...and I think I do...there was a world wide shortage of manufacturing cars because people were walking more or something. Does that about cover your facts?

No. What I said was: "Huge declines there too."

It was to counter your lie that:
" - - and yet at the same time Toyota, Honda, and other car manufactures were at record sales and profits." by Darth

Soooooooo, who made the cars?
avatar
Darth Cheney

Posts : 3237
Join date : 2012-12-26
Location : SE SD

View user profile

Back to top Go down

Re: Why Obama doesn't dare speak about Detroit

Post  RedWhiteBlue on Mon Aug 05, 2013 12:22 pm

It appears that you overlooked this post, Darth. Reading up a little should help you:

Darth - we'll start back in 2008, and try to get you up to speed on this:

Automotive industry crisis of 2008–10 http://en.wikipedia.org/wiki/Automotive_industry_crisis_of_2008%E2%80%9310

-----------

DETROIT // 2008 // Advocates for US automakers are warning that the collapse of the Big Three - or even just General Motors - could set off a catastrophic chain reaction in the economy, eliminating up to 3 million jobs and depriving governments of more than $150 billion in tax revenue. Industry supporters are offering such grim predictions as Congress weighs whether to bail out the nation's largest automakers, which are struggling to survive the steepest economic slide in decades.

Read more: http://www.thenational.ae/news/world/americas/collapse-of-us-auto-industry-looms#ixzz2apoFf6W6

-----------

Nov. 2008 - "None of us ever anticipated we'd be in a world where our sales for the industry have fallen off 45 percent in the first nine months." http://abcnews.go.com/GMA/story?id=6278396&page=1

--------------------

The Automotive Industry Financing Program (AIFP) was launched in December 2008 to prevent the uncontrolled liquidation of Chrysler and General Motors (GM) and the collapse of the U.S. auto industry.
Recognizing that both GM and Chrysler were on the verge of collapse, the Bush Administration extended temporary loans to both companies and their financing entities in December 2008.
http://www.treasury.gov/initiatives/financial-stability/TARP-Programs/automotive-programs/

--------------------

You can find more yourself, leading up to:

"Detroit Decline Causes Include Auto Industry Collapse, Segregation And Politics" http://www.huffingtonpost.com/2013/07/22/detroit-decline-cause-auto-industry-segregation-

RedWhiteBlue

Posts : 663
Join date : 2013-03-13

View user profile

Back to top Go down

Page 2 of 2 Previous  1, 2

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum