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Old 02-23-2009, 09:30 PM   #1
tjbusa
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I want to retire when I'm 48

http://articles.moneycentral.msn.com...at-48-too.aspx
I like this guys take:
"For these taxpayer subsidies, the government could buy hundreds of thousands of GM cars a month and give them to deserving citizens. Make mine a Corvette, please."

Make mine a camaro
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Old 02-23-2009, 09:32 PM   #2
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Read it in the AM alot of good points
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Old 02-23-2009, 09:45 PM   #3
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Just sickening. The only thing I have to add is that if they go under its their own faults, if they survive its because of you and me(MR. & MRS. Taxpayer).

On the other hand, it looks like Ford is doing a better job of running a company. They arent asking for any money and are also making way with dealing with the uaw. Just today I read that Ford had reached a healthcare trust fund deal with them bringing down costs.
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Old 02-23-2009, 09:45 PM   #4
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join the military...lol
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Old 02-23-2009, 09:56 PM   #5
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Just sickening. The only thing I have to add is that if they go under its their own faults, if they survive its because of you and me(MR. & MRS. Taxpayer).

On the other hand, it looks like Ford is doing a better job of running a company. They arent asking for any money and are also making way with dealing with the uaw. Just today I read that Ford had reached a healthcare trust fund deal with them bringing down costs.
Um Ford got their money before things started going in the toilet. Thats why they are not asking.
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Old 02-23-2009, 10:01 PM   #6
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So your saying they did a better job of preparing right? Yea I thought thats what you were trying to say.

They also didnt get that money from the govt.
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Old 02-23-2009, 10:08 PM   #7
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I love how his biggest gripe is that you can retire at 48 if you was with the company for 30 years considering some companies offer retirement plans for less amount of years worked.
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Old 02-23-2009, 10:12 PM   #8
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Yes but not with full benefits.
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Old 02-23-2009, 10:15 PM   #9
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So your saying they did a better job of preparing right? Yea I thought thats what you were trying to say.

They also didnt get that money from the govt.
No he's saying Ford was in the shape GM and Chrysler are in now several years ago and took out multi-billion dollar loans from the banks back when they was still loaning.
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Old 02-23-2009, 10:15 PM   #10
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So your saying they did a better job of preparing right? Yea I thought thats what you were trying to say.

They also didnt get that money from the govt.
No Im saying they were going into the toilet before GM or Dodge. Who did they get the money from?

I think this answers that.
http://money.cnn.com/2009/01/25/auto...on=money_autos
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Old 02-23-2009, 10:26 PM   #11
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So your saying they did a better job of preparing right? Yea I thought thats what you were trying to say.

They also didnt get that money from the govt.
Facts. Learn them.
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Old 02-23-2009, 10:54 PM   #12
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like spike said, the military is a great route if you wanna retire early. 20 years of active duty
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Old 02-23-2009, 11:07 PM   #13
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I'm not sure how anyone can complain that Ford took out loans (read: NOT TAXPAYER'S MONEY) from banks. They did it smartly rather then letting themselves get to the point where they were nearly bankrupt.
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Old 02-23-2009, 11:29 PM   #14
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My dad took the 30-and-out deal. He started when he was around 32 years old though.
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Old 02-23-2009, 11:50 PM   #15
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I'm not sure how anyone can complain that Ford took out loans (read: NOT TAXPAYER'S MONEY) from banks. They did it smartly rather then letting themselves get to the point where they were nearly bankrupt.
I dont think anyone is complaining. But although they received their secured loan from banks, these banks (Citigroup, Goldman Sachs, and J.P. Morgan) are now going into the toilet(especially Citigroup with their stocks dropping like shit from a horse) and wasting taxpayers moneys. So really, they did get their loan from the govnt or more likely the taxpayer.
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Old 02-24-2009, 12:00 AM   #16
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I'm not sure how anyone can complain that Ford took out loans (read: NOT TAXPAYER'S MONEY) from banks. They did it smartly rather then letting themselves get to the point where they were nearly bankrupt.
They literally did the exact same thing GM is doing now, except credit wasn't so tied up from the housing burst. So actually Ford was doing worse than GM, and just got lucky that they could get loans while they still could.
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Old 02-24-2009, 12:19 AM   #17
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Why does the media hate on GM so much? The banks get hundreds of billions in bailout money and they say very little. GM ask for a LOAN not a bailout, and a substantially smaller amount than the banks, and the media tears them a new one. I think that what they should do is offer vouchers to taxpayers to buy a GM Ford or Chrysler product that is made in the USA, this would not only help the auto makers but also the dealers and the economy in general. And as far as retiring at 48, let them. If somebody can sit on assembly line and do the same thing 300 times a day for years on end they should be rewarded, I know I couldn't do it.
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