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Wednesday Nov 4 | Posted by: roboblogger

How the Auto Bailout Is Punishing Ford

Full story: US News & World Report

Ford Motor Co.'s latest earnings report doesn't mention General Motors or Chrysler, its crosstown rivals.

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rickmyers

United States

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#1
Tuesday Nov 3
 
Personally I think the UAW has made a grave mistake with Ford. Ford can easily move production elsewhere, shutter plants here, give new models and technology to Mexico or Canada or continue to import certain models. I have a feeling that it is going to be "get even" time in the very near future.
Joe Dirt

United States

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#2
Tuesday Nov 3
 
Why? they already gave them a modified contract in April, they just made a billion last quarter in this economy, thank God they(workers) had some sense and turned it down.

“Change NAFTA/ Trade Agreements”

Joined: May 1, 2009

Comments: 2771

Arnold

ISP: Saint Louis, MO

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#3
Tuesday Nov 3
 
rickmyers wrote:
Personally I think the UAW has made a grave mistake with Ford. Ford can easily move production elsewhere, shutter plants here, give new models and technology to Mexico or Canada or continue to import certain models. I have a feeling that it is going to be "get even" time in the very near future.
They probably would have done it eventually anyway. Just like GM and Chrysler, with or without bankruptcy. That's where it's all headed.
Michael 1268

Milledgeville, IL

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#4
Wednesday Nov 4
 
If the International wouldn't have put a NO Strike deal in they would have voted for the contract.
guess who

Saint Paul, MN

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#5
Wednesday Nov 4
 

Judged:

2

What they should have done was agree to the concessions and went with a profit sharing clause.
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Daily Horoscope for November 28

Virgo

You may feel a bit edgier than usual, especially when reality fails to live up to your hopes and dreams. Find positive uses for this energy, such as working towards making your world a better place. You can't control other people's actions, but you can control your responses and take positive action.

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