objectsinmirror Posted March 1, 2009 Share Posted March 1, 2009 To all U.A.W. workers inside Ford...Would you buy a Ford, this month, If you were to have guaranteed employment with Ford for the lifetime of the LOAN? Think about it...You BUY a Ford vehicle-- Ford gives you GEN for the lifetime of the loan-- You must use Ford Motor Credit for financing the loan-- If you default on the loan, you lose your GEN rights-- MANY fORD PRODUCTS GET SOLD WITHIN MONTHS--- GM and Chrysler may follow suit in order to stay somewhat competitive--- Transplants scramble to do the same--- But by that time: At roughly 40,000? employees, maybe half (or less) take advantage of this. Probably mostly lower seniority people. Lets say 15000 to 20000 take advantage of this. 20000 X 25000 for a car (some higher, some lower)= $500,000,000 (half a billion) within months! Ford Motor Credit, at let's say 2% interest brings in: 500000000 X 2%= $10,000,000 through the lifetime of th loans. Ford gains a small bit of market share, Ford has a quick infusion of cash, FMC turns in a strong quarter, we as proud Ford employees, act as stewards for our product driving ONE FORD and the company offers to extend your GEN for 1 week for every Ford pin you can give to bring more of the customers our way. The CON gress can't bitch because WE are stimulating the economy! GM & Chrysler must do something similar or the continue their death spiral. Ford once again is absolutely responsible for saving the U.S. economy...Like our founder did with $5.00/ week. And those who took advantage of this car for GEN plan, can walk through the next 3 years and spend more money towards the economy, happy and proud to be an employee whose company used ONE FORD, ONE AT A TIME....to save the U.S.A........ OIM Quote Link to comment Share on other sites More sharing options...
Dork271 Posted March 1, 2009 Share Posted March 1, 2009 it sounds warm and fuzzy but modern economics would not even consider it. Their risk of being to forced to pay you guaranteed money in return for a car probably not worth the risk for ford. whats more likely to happen is extended layoffs to absorb ur sub time and then you get only ui benefits. No way in hell im buying a Ford anymore. BTW hanks wage was $5 a day from what ive read. Quote Link to comment Share on other sites More sharing options...
objectsinmirror Posted March 1, 2009 Author Share Posted March 1, 2009 it sounds warm and fuzzy but modern economics would not even consider it. Their risk of being to forced to pay you guaranteed money in return for a car probably not worth the risk for ford. whats more likely to happen is extended layoffs to absorb ur sub time and then you get only ui benefits. No way in hell im buying a Ford anymore. BTW hanks wage was $5 a day from what ive read. Well D (sorry I just can't call anyone Dork), I believe people need to start spending through confidence, not saving through fear...one problem with layoffs is they do nothing to stimulate the economy. also, at say 10,000 buyouts at $50,000 a crack= a half billion anyway (5000 would be a quarter billion). Also GEN is just "suspended" now. oh yea I'm sure you're right about $5.00 a day, not week...thanks OIM Quote Link to comment Share on other sites More sharing options...
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