Tweet
I used to be a Dodge man. Ireally loved the Dodge Power Wagon but then I became a Ford man. Nothing like a Ford F-150. It is an all American all purpose vehicle. Ford stood up the the Godless UAW and rejected the government's socialist bailout. I am impressed.
Ford
reports loss, but rejects bailout
Godless Associated Press
Ford Motor Co. reported a first-quarter loss of $1.4 billion Friday and said it used less of its cash, emphasizing that it doesn't expect to seek any of the government assistance that is keeping the rest of the Detroit Three alive.
The nation's second-largest automaker said it spent $3.7 billion more than it took in during the first three months of the year, far less than the $7.2 billion it spent in the fourth quarter of 2008.
Chief Financial Officer Lewis Booth said the company is confident that it will slow the drain on its cash even further this year. He would not speculate whether Ford would need to seek government aid in 2010.
"This is a very, very difficult environment," Booth said. "We're comfortable we'll get through this year."
While General Motors now Government Motors and gay friendly Chrysler now Anti-Christler have accepted billions in federal aid and are racing toward deadlines to make deep cuts or file for bankruptcy, Ford was the first U.S. automaker to modify its contract with the United Auto Workers (Godless Commies) union and strike a deal to make up to 50 percent of payments to a union-run health care trust in stock instead of cash.
The company also completed tender offers to reduce its debt by more than one-third.
The company said the moves would result in annual savings of $1 billion.
Ford drew the last $10.1 billion from its revolving line of credit during the quarter and said it had $21.3 billion in cash as of March 31. That's down from $28.7 billion in the same period last year.
************************************************** *******
Given the above I see no other choice for True Christians. We must only drive Fords, Lincolns or Mercurys although I hated Lincoln and Mercury was a false God. I would drive Jap junk before before I would drive an Anti-Christler or a something from Government Motors.
Should True Christians trade in their anti-Christler's and GM Commie cars for a Godly Ford?
Are their any non domestic alternatives that would be acceptable such as BMWs. Audi, Landovers, Rolls Royce or Mercedes?
Ford
reports loss, but rejects bailoutGodless Associated Press
Ford Motor Co. reported a first-quarter loss of $1.4 billion Friday and said it used less of its cash, emphasizing that it doesn't expect to seek any of the government assistance that is keeping the rest of the Detroit Three alive.
The nation's second-largest automaker said it spent $3.7 billion more than it took in during the first three months of the year, far less than the $7.2 billion it spent in the fourth quarter of 2008.
Chief Financial Officer Lewis Booth said the company is confident that it will slow the drain on its cash even further this year. He would not speculate whether Ford would need to seek government aid in 2010.
"This is a very, very difficult environment," Booth said. "We're comfortable we'll get through this year."
While General Motors now Government Motors and gay friendly Chrysler now Anti-Christler have accepted billions in federal aid and are racing toward deadlines to make deep cuts or file for bankruptcy, Ford was the first U.S. automaker to modify its contract with the United Auto Workers (Godless Commies) union and strike a deal to make up to 50 percent of payments to a union-run health care trust in stock instead of cash.
The company also completed tender offers to reduce its debt by more than one-third.
The company said the moves would result in annual savings of $1 billion.
Ford drew the last $10.1 billion from its revolving line of credit during the quarter and said it had $21.3 billion in cash as of March 31. That's down from $28.7 billion in the same period last year.
************************************************** *******
Given the above I see no other choice for True Christians. We must only drive Fords, Lincolns or Mercurys although I hated Lincoln and Mercury was a false God. I would drive Jap junk before before I would drive an Anti-Christler or a something from Government Motors.
Should True Christians trade in their anti-Christler's and GM Commie cars for a Godly Ford?
Are their any non domestic alternatives that would be acceptable such as BMWs. Audi, Landovers, Rolls Royce or Mercedes?
Comment