New F 150 outselling Chevrolet trucks by a BUNCH!
05-28-2015, 01:27 PM
#61
Senior Member
You may think it's "republican smoke" but liberals tend to ignore facts. Ford would not have gone down like GM and Chrysler. Ford was not even in trouble. Ford was in good shape because it mortgaged assets worth tens of billions years before Chrysler and GM asked Congress for a bailout. Ford just asked Congress to be included in the bailout so they wouldn't suffer competing against subsidized companies. In the end, Ford didn't take any bailout money.
Most suppliers cannot survive supplying Ford alone. Without GM, Chrysler, and others, many would NOT have survived. Take away the suppliers, and Ford goes bye-bye, too.
05-28-2015, 01:33 PM
#62
Senior Member
Investors lost tens of billions of dollars (hundreds of billions, more likely) when the federal government declared their stock worthless with the stroke of a pen (bankruptcy).
Last edited by roadPilot; 05-28-2015 at 01:37 PM.
