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10-26-2010, 05:44 PM
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Join Date: Mar 2008
Location: In His Hands
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Ford's Major Comeback
So I was reading online and I saw an article entitles, "Ford's Major Comeback."
I thought about the bail out, the stimulus-- everything the Fed government did to keep companies like Ford from completely collapsing.
You think the job market was bad-- just imagine how bad it could have been, if not for the quick actions of the Federal government?
The Stock Market closed above 11,000 today too!
In fact, over the last two weeks, the DOW has been improving overall and there have been other things to point to the reality of America's bounce back from our near depression.
Bottom line: I don't like out of orbit government spending, but this debt seems to be a wise investment-- at least for now.
I don't believe the scare tactics of the debt being passed down to my Grandkids and I never did.
"Ford's Major Comeback" is a testimony to America's resilience!
God bless you and God bless the USA!
__________________
"The choices we make reveal the true nature of our character."
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10-26-2010, 05:50 PM
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Join Date: Feb 2007
Posts: 6,888
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Re: Ford's Major Comeback
Not sure if i got it right, but didn't Ford not take the auto bail out thing?
__________________
Today pull up the little weeds,
The sinful thoughts subdue,
Or they will take the reins themselves
And someday master you. --Anon.
The most deadly sins do not leap upon us, they creep up on us.
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10-26-2010, 05:54 PM
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Join Date: Oct 2010
Posts: 620
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Re: Ford's Major Comeback
Quote:
Originally Posted by Truthseeker
Not sure if i got it right, but didn't Ford not take the auto bail out thing?
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Nope.
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10-26-2010, 06:06 PM
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Registered Member
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Join Date: Feb 2007
Posts: 6,888
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Re: Ford's Major Comeback
Quote:
Originally Posted by Azzan
Nope.
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Do youe mean no to taking it?
__________________
Today pull up the little weeds,
The sinful thoughts subdue,
Or they will take the reins themselves
And someday master you. --Anon.
The most deadly sins do not leap upon us, they creep up on us.
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10-26-2010, 06:29 PM
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Registered Member
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Join Date: Oct 2010
Posts: 620
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Re: Ford's Major Comeback
Quote:
Originally Posted by Truthseeker
Do youe mean no to taking it?
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Correct. Ford did not take any bailout money from the Fed.
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10-26-2010, 06:32 PM
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Go Dodgers!
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Join Date: Feb 2007
Posts: 45,791
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Re: Ford's Major Comeback
Quote:
Originally Posted by Jermyn Davidson
So I was reading online and I saw an article entitles, "Ford's Major Comeback."
I thought about the bail out, the stimulus-- everything the Fed government did to keep companies like Ford from completely collapsing.
You think the job market was bad-- just imagine how bad it could have been, if not for the quick actions of the Federal government?
The Stock Market closed above 11,000 today too!
In fact, over the last two weeks, the DOW has been improving overall and there have been other things to point to the reality of America's bounce back from our near depression.
Bottom line: I don't like out of orbit government spending, but this debt seems to be a wise investment-- at least for now.
I don't believe the scare tactics of the debt being passed down to my Grandkids and I never did.
"Ford's Major Comeback" is a testimony to America's resilience!
God bless you and God bless the USA!
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lol...Ford layed off a lot of workers. I read they didn't get bailout money. They got DOE loans
Ford received $5.9 Billion in loans from the Department Of Energy and I want to stress that this is not a "Bailout" this program was initiated in 2007 under the Bush administration and the appropriations were made in 2008 before the industry meltdown.
This money will be used to further develop more fuel efficient cars, including Battery Electric and Plug In Hybrids. But there's more, it will be used to develop technologies that will reduce weight across the model lineup. You can read the article linked in the title at Edmunds.com Green Car Advisor. And more at Car Scoop
Here's FoMoCo's statement from their website;
DEARBORN, Mich., June 23, 2009 – “Ford Motor Company is proud to be among the first automakers deemed by the government to be among the best companies with the best technologies in American manufacturing and fuel efficiency. This green partnership between Ford and the U.S. government will help accelerate the development of advanced technologies for even better fuel efficiency and emissions. Ford is absolutely committed to fuel economy leadership with every new model we introduce. In fact, we plan to invest nearly $14 billion in advanced technology vehicles in the next seven years. Our partnership with the Department of Energy also will help retool our U.S. plants more quickly to produce fuel efficient vehicles and help meet the new, rigorous fuel-economy requirements.”
http://myforddreams2.blogspot.com/20...out-money.html
__________________
Let it be understood that Apostolic Friends Forum is an Apostolic Forum.
Apostolic is defined on AFF as:
- There is One God. This one God reveals Himself distinctly as Father, Son and Holy Ghost.
- The Son is God himself in a human form or "God manifested in the flesh" (1Tim 3:16)
- Every sinner must repent of their sins.
- That Jesus name baptism is the only biblical mode of water baptism.
- That the Holy Ghost is for today and is received by faith with the initial evidence of speaking in tongues.
- The saint will go on to strive to live a holy life, pleasing to God.
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10-26-2010, 08:22 PM
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Registered Member
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Join Date: Mar 2008
Location: In His Hands
Posts: 13,918
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Re: Ford's Major Comeback
Quote:
Originally Posted by Azzan
Correct. Ford did not take any bailout money from the Fed.
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Yeah, now I remember.
It's always after the fact with me.
However, the gist of what I said is true-- even if I used a bad example.
__________________
"The choices we make reveal the true nature of our character."
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10-26-2010, 08:29 PM
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Forever Loved Admin
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Join Date: Dec 2007
Location: Texas
Posts: 26,537
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Re: Ford's Major Comeback
I drive a Saturn. Paid for, didn't need a bail out. 
__________________
If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
2 Chronicles 7:14 KJV
He hath shewed thee, O man, what is good; and what doth the LORD require of thee, but to do justly, and to love mercy, and to walk humbly with thy God? Micah 6:8 KJV
Beloved, now are we the sons of God, and it doth not yet appear what we shall be: but we know that, when he shall appear, we shall be like him; for we shall see him as he is. 1 John 3:2 KJV
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