Canada To chip in 3 1/4 Billion

daniel49

Diamond Member
Jan 8, 2005
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Text

Every little bit helps, I suppose?
anyone think any other countries where there are subsidaries will chip in?
Latin America. Mexico. Asia, Europe, Australia?
 

Farang

Lifer
Jul 7, 2003
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I think I just realized a business secret. Offer enough people jobs and you can have a failed business model and still stay afloat. So if I offer a couple million people higher pay but I don't make enough to pay them, the gubment will cut me a check.
 

WaTaGuMp

Lifer
May 10, 2001
21,207
2,506
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Originally posted by: Farang
I think I just realized a business secret. Offer enough people jobs and you can have a failed business model and still stay afloat. So if I offer a couple million people higher pay but I don't make enough to pay them, the gubment will cut me a check.

Then they will ask you to cut them a check a few months later and wont get it, then you ask for more money. Then the government will either give them more or go WTF were we thinking. More likely they will give them more money they dont have.
 

mugs

Lifer
Apr 29, 2003
48,920
46
91
Originally posted by: Farang
I think I just realized a business secret. Offer enough people jobs and you can have a failed business model and still stay afloat. So if I offer a couple million people higher pay but I don't make enough to pay them, the gubment will cut me a check.

Isn't the bailout just loans? In your plan, how do the loans get paid back?
 

Farang

Lifer
Jul 7, 2003
10,913
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Originally posted by: mugs
Originally posted by: Farang
I think I just realized a business secret. Offer enough people jobs and you can have a failed business model and still stay afloat. So if I offer a couple million people higher pay but I don't make enough to pay them, the gubment will cut me a check.

Isn't the bailout just loans? In your plan, how do the loans get paid back?

go bankrupt and take a huge bonus on your wait out
 

BarneyFife

Diamond Member
Aug 12, 2001
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Originally posted by: mugs
Originally posted by: Farang
I think I just realized a business secret. Offer enough people jobs and you can have a failed business model and still stay afloat. So if I offer a couple million people higher pay but I don't make enough to pay them, the gubment will cut me a check.

Isn't the bailout just loans? In your plan, how do the loans get paid back?

I'm sure the auto companies own a lot of land/property they can sell.

 

RocksteadyDotNet

Diamond Member
Jul 29, 2008
3,152
1
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Australia are helpin.

We're kickin in $5 Billion AU to local manufactures to help them develope cleaner cars, or some shit.

Ford
Holder (Owned by GM)
Toyota

Ford and Holden are both profitable though, so I'm not sure why they need the cash. I recken they'll just kick it up to the parents companys to help em out.
 

Darwin333

Lifer
Dec 11, 2006
19,946
2,329
126
Originally posted by: Farang
I think I just realized a business secret. Offer enough people jobs and you can have a failed business model and still stay afloat. So if I offer a couple million people higher pay but I don't make enough to pay them, the gubment will cut me a check.

Isn't their problem along the lines of needing to sell a ton of cars (like they where doing before the economy tanked) and now they have the overhead of a company making 9M cars a year but selling significantly less (because of the economy/credit markets)?

The biggest flaw I can see is they didn't shut enough plants down/lay off enough people quick enough.