If Polaris, Arctic Cat or Yamaha were facing bankruptcy and was going to shut down their operations, would you support a bailout? Would you stop buying a certain brand because they got tax dollars to stay in business??
What if a sled manufacturer needed a bailout??
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Sink or swim!!!!!
it would only weaken the others that kept there books straight!!!!
it would only weaken the others that kept there books straight!!!!
If a company fails it is usually because they screwed up somewhere along the way. Maybe in some circumstances there are other reasons for them failing. They didn't do what it took to succeed, so they failed. My tax dollars, my childrens tax dollars, my grand-childrens tax dollars should not be pissed away by the government because they thought the company should stay afloat for this reason or the other.
O
Ollie
ACCOUNT CLOSED
Simple answer.
Yes, I wouldn't own one.
More complex answer.
If a company goes under, be it a sled company or car company or what ever, it usually goes under because the product they are building and selling is either overpriced, junk or not wanted/needed by the general public. It can also be bad management.
In either case, if there is a need/desire for a product, someone will build it.
I don't care what it is.
Yes, I wouldn't own one.
More complex answer.
If a company goes under, be it a sled company or car company or what ever, it usually goes under because the product they are building and selling is either overpriced, junk or not wanted/needed by the general public. It can also be bad management.
In either case, if there is a need/desire for a product, someone will build it.
I don't care what it is.
uh... no i hated the bailouts for the big companies, that are much more important for the economy and a bailout for my little (but awesome) sledding community would be way more retarded. for them to go under that means that they failed somewhere and it's nessecary for them to go out of business
A
Abominable
Well-known member
The Free Market System works, if they would let it.
If a sled manufacturer got bailed out, it would screw the little companies like CMX. How many little startups were out there ready to replace the big 3, AIG, and B of A. Uncle Sam forgot that he has no money, he sponges off his nieces and nephews shamelessly.
Ollie: You forgot one of the worst causes companies getting into financial and uncompetitive situations, "EXCESSIVE GOVERNMENT REGULATIONS".
Swampy
Swampy
Other countries use our Bail Out Crap, to justify their bailing out their failing companies. My company is losing money, and shedding jobs. But, we're not important enough to get any bail out money. Our competitors have revenue of something like $200 million last quarter, and losses around $1 billion dollars (yes, a 2 to 5 times loss ratio), but they don't close up because Taiwan / Singapore / Korea gives them all the cash they need to stay open. Their excuse, the American's are giving their car and Financial companies cash, so we give our technology companies cash.
How the hell am I suppose to compete with a Government Backed Company??????? What, the company will close when we bankrupt Taiwan???
Capitalism is a great thing, until all your foreign competitors cheat, because the world's leader of Capitalism is cheating. Sink or swim isn't even valid anymore. Quite giving failing companies cash, and stop accepting goods from cheaters. I'm thinking we need to close our boarders to goods, for a while, and re-establish a manufacturing base in this country before we get owned.
How the hell am I suppose to compete with a Government Backed Company??????? What, the company will close when we bankrupt Taiwan???
Capitalism is a great thing, until all your foreign competitors cheat, because the world's leader of Capitalism is cheating. Sink or swim isn't even valid anymore. Quite giving failing companies cash, and stop accepting goods from cheaters. I'm thinking we need to close our boarders to goods, for a while, and re-establish a manufacturing base in this country before we get owned.
What a canundrum, we live in a global econommy where thanks to computer manufacturing companies can transfer manufacturing to third world countries where the cost of manufacturing is miniscule compared to us labor, especially union labor. We cannot quit dealing with these countries because among other things they are becoming some of the greatest markets in the world especially as their workers become more austere and begin to westernize in their spending. So what we need is to send the union organizers there to unionize the workers so they will equalize the wages/benes so our workers will be more competitive. Or we could invent things it will take them time to move out of country and sell them for a killing. Swampy
I hate hypothetical situations, but... let them fold up and die, someone will fill the void if there is one that needs filling. That is how the free market works. Makes me madder than hell to have tax money used to interfere with the free market. Take care...Jeff
GM directly employs just under 250,000 people.
Any Sled manufacturer in no where near this. it is like comparing grapefruits to grapes.
interesting info
http://en.wikipedia.org/wiki/Automotive_industry
Some more stuff
http://en.wikipedia.org/wiki/Automotive_industry_crisis_of_2008–2009
Any Sled manufacturer in no where near this. it is like comparing grapefruits to grapes.
interesting info
http://en.wikipedia.org/wiki/Automotive_industry
Some more stuff
http://en.wikipedia.org/wiki/Automotive_industry_crisis_of_2008–2009
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Let em drown!!! There's probably a hundred other "little guys" out there who, if given the opportunity, could fill the void with a more efficient, longer asting, cost efficient machine anyways, and if they failed, someone else would step up.. the cycle continues...
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