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April 12, 2009
Obama W. Bush asked:
Was the World stronger when Kaiser went out of Business. Why didn’t we all vanish. After all Kaiser was one of the largest manufactures on Earth, they helped us win WWII building a Liberty Ship a day.
Was the World stronger when Kaiser went out of Business. Why didn’t we all vanish. After all Kaiser was one of the largest manufactures on Earth, they helped us win WWII building a Liberty Ship a day.
Are Americans so weak now that we can’t endure the failure of a Bank or a Car Company.
BTW one time Dusenberg was the Best Car Made … where are they now.
Grow Weed Forum
read comments (11)
April 13th, 2009 at 1:22 am
In those days, the President didn’t owe his victory to money and votes from the UAW.
April 14th, 2009 at 7:01 pm
They were allowed to go out of business so better car companies could take over. The death of those companies gave rise to GM and Ford. The only reason these aren’t being allowed to fail is the UAW gives hundreds of thousands to reelection campaigns.
April 16th, 2009 at 10:20 pm
personally, i miss eastern and pan am airlines.
those really killed us, too.
we are not allowed to fail anymore in this country. from kindergarten to wall street.
April 18th, 2009 at 11:29 pm
We’re just GREEDIER, that’s all..
April 19th, 2009 at 9:15 pm
Kaiser was definitely not “one of the largest manufacturers on Earth”
And those other car builders you mentioned were never a major portion of the U.S. car-building community.
And we’re not talking quality here, in the current financial crisis, we’re talking JOBS.
April 22nd, 2009 at 1:37 am
Makes little sense, though i found out today that my sister voted for Obama only because She was afraid she might loose her GM pension.
I almost hope she does loose it now. (Not really she is my sister after all.)
SFC
US Army
Retired
April 24th, 2009 at 3:48 am
Because back then, the UAW was a union for the workers, and failing businesses were allowed to fail.
Today, the UAW is voracious and their political support is bought, paid for and in full force.
April 25th, 2009 at 6:26 am
The last Studebaker factory is in Canada I believe, I think they are still making Avanti.
American Motors bought Jeep, and was bought by Chrysler.
Dusenberg was a cool looking car, but I never trust a German car, they lost 2 world wars in a row, their cars can’t be that good.
Kaiser went out of business because they mistreated their employees.
April 26th, 2009 at 1:14 am
I’ve been wondering the same thing myself. So many cars from the days of my youth are gone now: DeSoto, Hudson, Kaiser, Packard, Studebaker… They all went out with a whimper, instead of a bang. And remember American Motors? Chrysler absorbed them, just to get the Jeep line, which was the only asset of any value in the whole damned company. Someone will buy Chrysler now, for the same reason: Jeep. It has a loyal clientele, like Harley Davidson does with the motorcycle crowd. GM would find a buyer too, at a bankruptcy auction. Then the buyer could pick up the valuable assets, say Corvette, Cadillac, etc., the factories that build them, at bargain prices and without having to assume the ruinous debt that has destroyed the company. Too big to fail, my @ss! Let ‘em go! They’re going to go under anyway. All this stimulus BS did was delay the inevitable!
April 27th, 2009 at 2:40 pm
It’s all about the unions. Your tax dollars are keeping fat union contracts alive while a restructuring under chapter 11 would end those contracts and make the unions get with economic reality.
There is a solution, Chapter 11 bankruptcy, been around for 100 years. GM would be protected from their creditors (including the unions) but since the dems are owned by the unions you are pouring billions down the rat hole so that some unions drones can keep their bennies.
April 29th, 2009 at 6:37 pm
There’s a big difference between one or two of them failing in isolation, and all of them failing at the same time due to circumstances beyond their control.
“Are Americans so weak now that we can’t endure the failure of a Bank or a Car Company.”
It’s not just one bank or car company, all of them are in danger and it is likely that as soon as one falls, the rest will follow, creating a cascading fallout through the economy.