08-29-2012, 05:39 PM | #1 |
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Ford Owes the Government $5.9 Billion!
I find this very amusing because alot of the Ford fans always say Government Motors to GM yet only Ford owes money to the Government not GM or Chrystler. Ford borrowed money the same time that they did.
http://www.forbes.com/sites/joannmul...-surprise-you/
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08-29-2012, 06:24 PM | #2 |
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and this affects you in any way?
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08-29-2012, 06:44 PM | #3 |
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Ford owes the money for a government program to build EV's, not to bail them out of a financial crisis. Two very different things.
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08-29-2012, 08:46 PM | #4 | |
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Quote:
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08-29-2012, 09:09 PM | #5 |
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thread backfire
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08-29-2012, 09:12 PM | #6 |
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This business will get out of control. It will get out of control and we'll be lucky to live through it.
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08-29-2012, 09:44 PM | #7 |
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It didnt backfire on me I read the article the same as everyone else did. Of course its for electric vehicles BUT if Ford wasnt handed this then they wouldnt be as well off as they are now it doesnt take a rocket scientist to figure that out. People commenting on this on Facebook have been fast to point out the same thing. Ford wouldnt be where they are now without this extra money they likely would have been in just as bad shape as well. Taking money is taking money doesnt matter what the situation all three American automakers took Govt money so there is no need or reason to point to a certain company when someone is talking performance cars bringing up things like this is a major facepalm-
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08-29-2012, 09:47 PM | #8 |
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This
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08-29-2012, 09:47 PM | #9 |
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It doesnt affect me im just posting this is the General Auto board which means you can talk about anything having to do with ANY automaker which I am doing. I'm just posting some auto news that hasnt been posted here yet thats all no need to take it personal.
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08-29-2012, 09:48 PM | #10 |
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LOL What movie is that from?
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08-29-2012, 09:49 PM | #11 |
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Fail
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08-29-2012, 09:51 PM | #12 |
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Cars and women are both going to give you problems...but you can pay somebody else to fix your car!
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08-29-2012, 09:53 PM | #13 |
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08-29-2012, 10:51 PM | #14 |
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GM and Chrysler owe the tax payer a hell of a lot.
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