"The Real Problem with the American Auto Industry"
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edyvw
$50 site donor 2025
Originally Posted by bbhero
You do know I was just messing with you right???
Yeah
You do know I was just messing with you right???
Yeah
The American automakers are much like the American public as a whole: generally fat, lazy and stupid.
While Henry Ford originated the automobile factory, the Japanese automakers have surpassed the U.S. because they are lean, hardworking and smart.
I really don't see this situation changing for the better, especially since 50+ BILLION dollars in General Motors bailout money has led to today's idled or closed automobile factories. I can't wait to see how this headache nightmare plays out.
While Henry Ford originated the automobile factory, the Japanese automakers have surpassed the U.S. because they are lean, hardworking and smart.
I really don't see this situation changing for the better, especially since 50+ BILLION dollars in General Motors bailout money has led to today's idled or closed automobile factories. I can't wait to see how this headache nightmare plays out.
"A waste of natural resources", per Consumer Union.
edyvw
$50 site donor 2025
Originally Posted by DGXR
The American automakers are much like the American public as a whole: generally fat, lazy and stupid.
While Henry Ford originated the automobile factory, the Japanese automakers have surpassed the U.S. because they are lean, hardworking and smart.
I really don't see this situation changing for the better, especially since 50+ BILLION dollars in General Motors bailout money has led to today's idled or closed automobile factories. I can't wait to see how this headache nightmare plays out.
I am not sure is it lazy etc. as culture as a whole of short term profit over long term stability.
As soon as these companies go public, things start to decline bcs. share holders want profit, and they are not incline to wait for moves that would stabilize companies.
Take into consideration when earthquake in Japan I think in 2009 or something. Riken, largest supplier of piston rings was heavily damaged. Other manufacturers of piston rings gave their equipment and excessive capacity to Riken to get over that issue. It is a cultural thing.
We have to get over this nonsense of what is good for business it is good for America. We have to start thinking what is good for America is good for business.
The American automakers are much like the American public as a whole: generally fat, lazy and stupid.
While Henry Ford originated the automobile factory, the Japanese automakers have surpassed the U.S. because they are lean, hardworking and smart.
I really don't see this situation changing for the better, especially since 50+ BILLION dollars in General Motors bailout money has led to today's idled or closed automobile factories. I can't wait to see how this headache nightmare plays out.
I am not sure is it lazy etc. as culture as a whole of short term profit over long term stability.
As soon as these companies go public, things start to decline bcs. share holders want profit, and they are not incline to wait for moves that would stabilize companies.
Take into consideration when earthquake in Japan I think in 2009 or something. Riken, largest supplier of piston rings was heavily damaged. Other manufacturers of piston rings gave their equipment and excessive capacity to Riken to get over that issue. It is a cultural thing.
We have to get over this nonsense of what is good for business it is good for America. We have to start thinking what is good for America is good for business.
Originally Posted by edyvw
Originally Posted by DGXR
The American automakers are much like the American public as a whole: generally fat, lazy and stupid.
While Henry Ford originated the automobile factory, the Japanese automakers have surpassed the U.S. because they are lean, hardworking and smart.
I really don't see this situation changing for the better, especially since 50+ BILLION dollars in General Motors bailout money has led to today's idled or closed automobile factories. I can't wait to see how this headache nightmare plays out.
I am not sure is it lazy etc. as culture as a whole of short term profit over long term stability.
As soon as these companies go public, things start to decline bcs. share holders want profit, and they are not incline to wait for moves that would stabilize companies.
Take into consideration when earthquake in Japan I think in 2009 or something. Riken, largest supplier of piston rings was heavily damaged. Other manufacturers of piston rings gave their equipment and excessive capacity to Riken to get over that issue. It is a cultural thing.
We have to get over this nonsense of what is good for business it is good for America. We have to start thinking what is good for America is good for business.
This is inherent in the way in which common stocks are valued as well as the legal duty of boards and their managements to maximize shareholder wealth.
The effect of this is that short-term earnings are of far more current value than longer term ones and any notion of corporate stability beyond the next couple of years goes out the window.
Corporations are no more than legal constructs and we can always reform things to allow and even require longer-term thinking and planning, since all of the workers and suppliers and their workers are stakeholders just as are the common shareholders.
As things are now, the common shareholders are the owners and only their interests are and can be considered.
Hence, next year's earnings matter well beyond the survival of any concern and so we see idiot product planning decisions which any fool can see will only lead to ruin down the road.
Originally Posted by DGXR
The American automakers are much like the American public as a whole: generally fat, lazy and stupid.
While Henry Ford originated the automobile factory, the Japanese automakers have surpassed the U.S. because they are lean, hardworking and smart.
I really don't see this situation changing for the better, especially since 50+ BILLION dollars in General Motors bailout money has led to today's idled or closed automobile factories. I can't wait to see how this headache nightmare plays out.
I am not sure is it lazy etc. as culture as a whole of short term profit over long term stability.
As soon as these companies go public, things start to decline bcs. share holders want profit, and they are not incline to wait for moves that would stabilize companies.
Take into consideration when earthquake in Japan I think in 2009 or something. Riken, largest supplier of piston rings was heavily damaged. Other manufacturers of piston rings gave their equipment and excessive capacity to Riken to get over that issue. It is a cultural thing.
We have to get over this nonsense of what is good for business it is good for America. We have to start thinking what is good for America is good for business.
This is inherent in the way in which common stocks are valued as well as the legal duty of boards and their managements to maximize shareholder wealth.
The effect of this is that short-term earnings are of far more current value than longer term ones and any notion of corporate stability beyond the next couple of years goes out the window.
Corporations are no more than legal constructs and we can always reform things to allow and even require longer-term thinking and planning, since all of the workers and suppliers and their workers are stakeholders just as are the common shareholders.
As things are now, the common shareholders are the owners and only their interests are and can be considered.
Hence, next year's earnings matter well beyond the survival of any concern and so we see idiot product planning decisions which any fool can see will only lead to ruin down the road.
Originally Posted by edyvw
Originally Posted by bbhero
You do know I was just messing with you right???
Yeah
You know I gotta give you a hard once in awhile... To make sure you are staying on top of your game
Also... Good to see you on here my friend.
Originally Posted by bbhero
You do know I was just messing with you right???
Yeah
You know I gotta give you a hard once in awhile... To make sure you are staying on top of your game
Also... Good to see you on here my friend.
Originally Posted by edyvw
Originally Posted by DGXR
The American automakers are much like the American public as a whole: generally fat, lazy and stupid.
While Henry Ford originated the automobile factory, the Japanese automakers have surpassed the U.S. because they are lean, hardworking and smart.
I really don't see this situation changing for the better, especially since 50+ BILLION dollars in General Motors bailout money has led to today's idled or closed automobile factories. I can't wait to see how this headache nightmare plays out.
I am not sure is it lazy etc. as culture as a whole of short term profit over long term stability.
As soon as these companies go public, things start to decline bcs. share holders want profit, and they are not incline to wait for moves that would stabilize companies.
Take into consideration when earthquake in Japan I think in 2009 or something. Riken, largest supplier of piston rings was heavily damaged. Other manufacturers of piston rings gave their equipment and excessive capacity to Riken to get over that issue. It is a cultural thing.
We have to get over this nonsense of what is good for business it is good for America. We have to start thinking what is good for America is good for business.
^^^^^^
I actually think you are right about this in a way...
Originally Posted by DGXR
The American automakers are much like the American public as a whole: generally fat, lazy and stupid.
While Henry Ford originated the automobile factory, the Japanese automakers have surpassed the U.S. because they are lean, hardworking and smart.
I really don't see this situation changing for the better, especially since 50+ BILLION dollars in General Motors bailout money has led to today's idled or closed automobile factories. I can't wait to see how this headache nightmare plays out.
I am not sure is it lazy etc. as culture as a whole of short term profit over long term stability.
As soon as these companies go public, things start to decline bcs. share holders want profit, and they are not incline to wait for moves that would stabilize companies.
Take into consideration when earthquake in Japan I think in 2009 or something. Riken, largest supplier of piston rings was heavily damaged. Other manufacturers of piston rings gave their equipment and excessive capacity to Riken to get over that issue. It is a cultural thing.
We have to get over this nonsense of what is good for business it is good for America. We have to start thinking what is good for America is good for business.
^^^^^^
I actually think you are right about this in a way...
Originally Posted by bbhero
Originally Posted by edyvw
Originally Posted by DGXR
The American automakers are much like the American public as a whole: generally fat, lazy and stupid.
While Henry Ford originated the automobile factory, the Japanese automakers have surpassed the U.S. because they are lean, hardworking and smart.
I really don't see this situation changing for the better, especially since 50+ BILLION dollars in General Motors bailout money has led to today's idled or closed automobile factories. I can't wait to see how this headache nightmare plays out.
I am not sure is it lazy etc. as culture as a whole of short term profit over long term stability.
As soon as these companies go public, things start to decline bcs. share holders want profit, and they are not incline to wait for moves that would stabilize companies.
Take into consideration when earthquake in Japan I think in 2009 or something. Riken, largest supplier of piston rings was heavily damaged. Other manufacturers of piston rings gave their equipment and excessive capacity to Riken to get over that issue. It is a cultural thing.
We have to get over this nonsense of what is good for business it is good for America. We have to start thinking what is good for America is good for business.
^^^^^^
I actually think you are right about this in a way...
Japan doesn't mess around when the SHTF. Earlier this year a strong typhoon messed up the Kansai airport in Osaka. Flooding caused a bunch of damage and a ship drifted into the bridge connecting the airport to the city.
In just under a week they had the bridge reopened despite one section getting knocked out. The airport reopened very quickly as well. That same attitude is pervasive amongst the Japanese society. The 2011 Great Tohuko Earthquake really hit Toyota and other manufacturers hard yet they were up and running in short time. The recent Hokkaido earthquake damaged Toyota's main transmission plant. That's all been rectified.
It can happen here too if the Will is there. The big earthquake that hit Anchorage a couple of weeks ago or so really damaged some main roads there. In 2-3 days it was all repaired. Considering it's winter that's impressive.
Originally Posted by edyvw
Originally Posted by DGXR
The American automakers are much like the American public as a whole: generally fat, lazy and stupid.
While Henry Ford originated the automobile factory, the Japanese automakers have surpassed the U.S. because they are lean, hardworking and smart.
I really don't see this situation changing for the better, especially since 50+ BILLION dollars in General Motors bailout money has led to today's idled or closed automobile factories. I can't wait to see how this headache nightmare plays out.
I am not sure is it lazy etc. as culture as a whole of short term profit over long term stability.
As soon as these companies go public, things start to decline bcs. share holders want profit, and they are not incline to wait for moves that would stabilize companies.
Take into consideration when earthquake in Japan I think in 2009 or something. Riken, largest supplier of piston rings was heavily damaged. Other manufacturers of piston rings gave their equipment and excessive capacity to Riken to get over that issue. It is a cultural thing.
We have to get over this nonsense of what is good for business it is good for America. We have to start thinking what is good for America is good for business.
^^^^^^
I actually think you are right about this in a way...
Japan doesn't mess around when the SHTF. Earlier this year a strong typhoon messed up the Kansai airport in Osaka. Flooding caused a bunch of damage and a ship drifted into the bridge connecting the airport to the city.
In just under a week they had the bridge reopened despite one section getting knocked out. The airport reopened very quickly as well. That same attitude is pervasive amongst the Japanese society. The 2011 Great Tohuko Earthquake really hit Toyota and other manufacturers hard yet they were up and running in short time. The recent Hokkaido earthquake damaged Toyota's main transmission plant. That's all been rectified.
It can happen here too if the Will is there. The big earthquake that hit Anchorage a couple of weeks ago or so really damaged some main roads there. In 2-3 days it was all repaired. Considering it's winter that's impressive.
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