Saftman
Lafayette, La.
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Joined: 08/14/2006
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GM is dead.. stock is at .45. So much for Government motors. Just like everything else the gov. has done = complete and useless mess.
'06 F250 SC, FX4
'06 Cedar Creek 36 RLTS
Me, The Wife & 1 Big Dog
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Redoildoctor
Land of the Fruits...Nuts...and The Govenator!!!
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Joined: 03/24/2007
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SoCalDesertRider wrote:Flyfisherman128 wrote:Ford...never...GM will never die. Uh, I have news for you... GM already died. They are only alive now because us nice taxpayers forked up the $$$ to resurrect them.
Ford is still alive pumping their own blood.
X2
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redsb3
Tucson
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Joined: 09/30/2007
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You guys need to get a grip, without the fancy accounting and excluding the debt they reduced, Ford still lost millions this quarter, as did every other automaker. Good cars or not, if they can't sell more cars then they currently are, they will be in the same boat as everybody else.
2005 GMC Sierra SLT CC/SB with 6.6L Duramax/Allison
2002 Automate 5W, 32 ft, 13,280 GVWR
Valley Glider Hitch
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rsh_757
Auburn, WA
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Joined: 04/05/2006
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TXiceman wrote:Accountants can do things with numbers that engineers could never do.
ken
Hahahaha! That is AWESOME. As a 20 employee of a very large airplane maker, I know exactly what you are saying 
2008 Cougar 310SRX 5th Wheel
2005 Dodge Ram 2500 QC 4x4 CTD
2008 Nissan Armada LE
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padec21
Ct
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Joined: 01/18/2005
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The 2010 Taurus is one beautiful car!
2001 F250 CrewCab V10 4x4. 4.30. Auto
2005 Starcraft Antigua 215 SB
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waroads
WA
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Joined: 02/28/2007
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redsb3 wrote:You guys need to get a grip, without the fancy accounting and excluding the debt they reduced, Ford still lost millions this quarter, as did every other automaker. Good cars or not, if they can't sell more cars then they currently are, they will be in the same boat as everybody else.
What cogent analysis. Must be a Chevy owner. 
"Fancy" accounting works both ways. There was a heap load of special charges last year that accounted for the $8.7b loss...why shouldn't it work the other way also. Either way net is that their loss, excluding special charges, narrowed significantly. Also, they don't need to necessarily sell more cars as profits are a function of income relative to expenses. There are many knobs and dials within those two sides of the equation.
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Delaine and Lindy
Linden Tn. (The View) /Gulf Shores, Ala.
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Joined: 02/20/2005
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Well I have to agree, don't know if GM will make it or not. I have never seen a business that survives when the workers tells them what they will be paided. But now we will see, and I do agree that GM will be told what to build. But if gas goes up the way some people want, tin boxes will be in, if fuel prices stay around $2.50 a gal small cars want sell. As for the Government owning a company, just look at the Postal system, Rail, to name a few. But I still say that Oil is the down fall of GM, (America runs on Oil) if they were still able to sell Big Trucks and Suv's they whould be fine. But for Ford to survive they have to sell Vehicles with lots of options. And there is a Genius at Ford, who ever thought to sell a ton of equity of Ford before the bottom fell out of car and Truck sale. Good Luck Ford. GBY...
2006 FreightLiner M2
Trailer Saver Air Ride (TSLB2H)
Pressure Pro System
2008 Chevy Silverado 1500 C/C (Grocery hauler)
2009 Chevy HHR LT 2
2010 Mobile Suites 38 RSSB 3/4
www.webspawner.com/users/lnhdch
We are BLESSED!!!!
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Perrysburg Dodgeboy
Perrysburg, Ohio USA
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Joined: 12/06/2003
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carringb wrote:Yeah, accounting rules can be funny. Just keep in mind every other publicly traded automaker uses the same math so their losses don't look as bad.
I never understood how a Company can post a loss but make a profit at the same time. The year before Doehler-Jarvis closed they said they lost something like 13 mil, they said they should have made 34 mil but only made 21 mil so they lost 13 mil. Wounder what would happen if I tried that on my taxes!
It's all according to what spin you put on it. For a loss spin this direction, for a profit spin this tirection until the numbers line up to what you want!
I do believe this is how the economy got to the currant state it is in now!
Don
Perrysburg Dodgeboy
2004 Dodge Ram 2500 Quad Cab SLT Cummins HO
2005 Keystone Cougar 304 BHS
Back on layoff today  UAW Auto Worker (Tool Makers Rule)
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R&DScott
Everett Washington
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Joined: 06/24/2007
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Im not a fancy business man nor a HARVARD graduate but
Cars and trucks that cost 1.5 to 3 times the average salary does not sales make.
My 99 will at this time be the last truck Ill buy. I make good money at Boeing but Ill be darned if Im going to spend almost a years Salary on a truck.
R & D Scott
2008 Everest 322R 5th wheel
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dodge guy
Bartlett IL
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Joined: 03/23/2004
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That`s great!
Now.........when is one of the big 3 going to build what I want? a new heavy duty SUV with a full floating axle and 8 lugs. that`s what I would like. along with many others I`m sure. None of them currently build what I want right now anyway! looks like my X is going to be in my posession for awhile!
Wife Kim 
Son Brandon 8yrs
Daughter Marissa 7yrs
Dog Shadow 
07 Cherokee 32B
02 Excursion 4X4 V-10 4.30 gear, Hellwig sway bar
Reese HP dualcam,Prodigy brake controller.
A bad day of camping is
better than a good day at work!
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