JEEP moving to China

[2sac]

and I thought we were protecting American jobs
http://washingtonexaminer.com/jeep-an-obama-favorite-looks-to-shift-production-to-china/article/2511703#.UImLcWt5mSP

[corny]

and I thought we were protecting American jobs
http://washingtonexaminer.com/jeep-an-obama-favorite-looks-to-shift-production-to-china/article/2511703#.UImLcWt5mSP

Paul Bedard of the washington examiner is mentally challenged. He has deep reading comprehension problems.

If you look at the bloomberg article that he links to and that he gets his whole story from..... you will see that Jeep is seeking to GO BACK to china and manufacture jeeps there again..... like they did in the pre fiat days......

It says nothing about picking up and moving the whole kit and kaboodle there.

Of course.... who really cares ???

If chrysler wants to move production to china.....why should we interfere with their plans to do so ??? Chrysler is in business to make money for its stockholders and not provide americans jobs....

What are you.... some sort of commie or fascist who would put a chain around a company and demand that they lose money by staying here and working americans who dont even appreciate the job you are giving them ???

[2sac]

So the bailouts were given to save American jobs temporarily. OK I get it now.

[corny]

Yes, they were to keep the country from sinking further into a hole. Of course chrysler has added about 10,000 jobs since the bailout... who knows how long they will last.....

But again.... if you read a little more about Jeep considering moving back into the chinese market you will see that they have no intentions of shutting down their american facilities..

The chinaman wants jeeps.......and it would be stupid and irresponsible of Chrysler to not go back to china and restart production of jeep type vehicles.

[exreo]

So the bailouts were given to save American jobs temporarily. OK I get it now.

The bailouts were given to save banks (domestic and foreign) because of the stupid idiotic steps taken by Christopher Dodd, Barack Obama, & Barney (Boy Barney) Frank that forced banks to make loans to unqualified buyers. The democrats wanted to corner a larger voting block of the public and as usual they wanted to do it with OUR money. The actual amount of money printed was probably closer to 16 to 20 trilion.

[2sac]

And there is other data that says 14% automakers jobs were lost nationwide after the bailouts. The airline industury went thru bankruptcies without the crutch of government involvement. They emerged with a 20% loss of jobs and didn't take 62 billion in taxpayers money. Again, I have no problem with capitalism. If the auto industry went bankrupt on their own dime, that's capitalism at work. They did it on our dime. Back to Chrysler . The bailouts were on Bushes clock, but in 2009 Chrysler filed bankruptcy and the Obama administration gave Fiat the option to buy stock at a reduced rate providing they repay 3.5 billion to the treasury dept. They couldn't get funding from private banks so Steven Chu, the Obama energy secretary approved a 3.5 billion "fuel efficiency" loan to Fiat. We loaned money to Fiat to pay back a loan to us. Wondering why we don't produce the Jeeps here and ship them over. That's all.
EDIT: If China wants the cars bad enough, they should pay for them

[corny]

We dont build them here and ship them over there because it is not as profitable to do it that way.

If Chrysler makes Jeeps in china they can do it with slave labor and they dont have any shipping costs..... plus they can advertise that the Jeeps in china are made in china by their fellow chinese countrymen.....

Same reason auto manufs like toyota, nissan, hyundai..... build their plants here in the USA.... Well...in the USA its mainly about controlling the supply of parts.....cause most factories dont keep inventory anymore.....and of course because they can run those ads touting american guys and gals earning a living building those japanese and korean cars in america.

[2sac]

Again, not disagreeing with you. Just a little ticked. The American taxpayer bails out a company and to thank us they create jobs overseas. Wouldn't bother me so much if we had let them fail on their own.

[ammoniadog]

It is just a symbolic thing, but Jeeps are perhaps the most patriotic vehicle on our roadways. It is a symbol of the United States Army, with many decades of history behind it. Sure, for Chrysler/Fiat it is just a product that they produce and own the rights to and they can do whatever they want with it, but on the other side, it is also an American icon. Don't get mad at the small number of people who might care about the history and tradition of them and want them to keep being American made.

[chillerout1]

why not build jeeps for their military in just a few years our interest payments to them will cover their military budget. by the way doesnt a chinese company own hummer?

[chillerout1]

sorry just checked that deal fell through.GM dismantled hummer

[energy star]

The bailouts were given to save banks (domestic and foreign) because of the stupid idiotic steps taken by Christopher Dodd, Barack Obama, & Barney (Boy Barney) Frank that forced banks to make loans to unqualified buyers. The democrats wanted to corner a larger voting block of the public and as usual they wanted to do it with OUR money. The actual amount of money printed was probably closer to 16 to 20 trilion.

What bailout money are you referring to? The bank loans and housing crisis?

[the mojo]

The reason Fiat,which now owns Chrysler is opening production of Jeeps in China is tariffs.
To build a Jeep here and ship it overseas is an impossibility due to the tarrifs charged on their vehicles.
A Jeep GC would cost the average Chinese 80,000 dollars,only SOE leaders could afford.
You take the supply and demand chain directly to the potential customer, so that the above average Chinese
can afford a 40,000 dollar vehicle.

This is a cause and effect of both parties Republicans and Democrats.You know favored nation trading and trade agreements.

Just like the bi-partisan agreement signed by Obama a year ago with Panama,Columbia and South Korea.

The hype and build up of auto manufacturing is just that hype and marketing.
US factories are firing and not hiring.

[the mojo]

http://www.businessweek.com/magazine/us-factories-are-firing-not-hiring-09082011-gfx.html#r=auth-s

US factories are firing not hiring.

[madhat]

Just another day and another lie by Mitt. Chyrsler is not closing any Jeep plants down here. They are opening a plant in China, to build Jeeps for the Chinese market. Can't believe anyone would actually vote for Romney, since he can't be trusted on even the simple stuff.

[energy star]

Mr Mojo,

That article is OVER one year old! You do notice the "recession" figures are now gone. I could look deeper, but here is an article by the same writer published yesterday. Your link is no longer true at all.

http://www.bloomberg.com/news/2012-10-26/economy-in-u-s-expands-at-2-annual-rate-more-than-forecast.html

[the mojo]

Mr Mojo,

That article is OVER one year old! You do notice the "recession" figures are now gone. I could look deeper, but here is an article by the same writer published yesterday. Your link is no longer true at all.

http://www.bloomberg.com/news/2012-10-26/economy-in-u-s-expands-at-2-annual-rate-more-than-forecast.html

A 2% from zero based on monetary easing,easy credit is not economic growth. Wages raising .8% is not growth.

[energy star]

Easy credit? What from the bush days?

[the mojo]

Easy credit? What from the bush days?

No from Obama days. Goodyear Tire and Rubber layoffs in Gadsden,Tyler,Danville,Fayettville.

You can watch the hype and I'll watch durable goods orders.

[energy star]

Yeah Goodyear can thank Obama, He kept a lot of that imported rubber out of here, which in-turn kept our workers busy.

[corny]

All the factories around here seem to be hiring pretty much..... but what they are doing in our area at least is hiring temp workers..... they keep team leaders, supervisors etc..... on permanent status.... but for the run of the mill material handling and machine operators.....they go to staffing services..... work you for 90 days or so......and replace you with a new temp......

[energy star]

In a nutshell, Yes we kept our tire industry here (tariff expired). Obama wanted to keep our workers busy and employed. This meant that the cost of tires went up some. Why? because we pay our workers better. So now with the tires costing a bit more our people have less money to spend on other products. This is the argument.

[the mojo]

http://poststar.com/business/us-durable-orders-fall-but-business-investment-up/article_a8c50ecd-ed82-514c-bff7-3e030aad4adb.html

Still, the decline in U.S. manufacturing has slowed job growth. Manufacturing employment dropped by 16,000 in September after falling by 22,000 in August.

[corny]

Id run over a street person with my riding lawnmower....with the blade engaged ..... for a bologna and cheese sandwich with egg and little bit of mayonaisse on it right now.

And a cold pepsi...

Id wear a plastic suit to keep that god forsaken persons guts and blood off me and Id force another street person at gunpoint to wash my mower off when I was done. Then Id shoot that sob.

[energy star]

Well I guess we could model ourselves after FoxConn and just drape suicide nets everywhere cause the workers are jumping out the windows everyday.

[corny]

Unemployment around here under 7 percent right now... Read it in todays paper. Wonder what it will go to when seasonal workers are hired for retailers and seasonal workers are let loose that work for the parks and recreation places and the construction industry and of course...the lawn care services.