Re: GM-Chrysler Merger Talks to Intensify After Election

[Bill Watson <wwatson6@xxxxxxx>]

Also, all profits made in the U.S.A. are taxed by the U.S. government and 
whichever state in which the firm is incorporated.   Not to mention all 
kinds of other municipal, county, state and federal taxes these 'foreign' 
companies pay.  Then the money goes "out of the country"

All the auto firms assembling cars in the U.S. are companies incorporated in 
one of the 50 states.   Their stock is owned by the parent company, whose 
stock in turned is owned by thousands of people all over the world.

Only Chrysler does not sell stock to the public as it is what is generally 
referred to as a "private company".  It has stock, but it is sold only to a 
restriced group of people/companies.  In the case of Chrysler Holdings 
L.L.C.,  that is Cerberus (80.1%) and Daimler AG (19.9%).   It is not 
offered on a stock exhange and it is not available for any other 
person/company.

Bill
Vancouver, BC



----- Original Message ----- 
From: "c. davis" <pngkid@xxxxxxxxxxx>
To: <1962to1965mopars@xxxxxxxxxx>
Sent: Wednesday, November 05, 2008 7:27 PM
Subject: Re: GM-Chrysler Merger Talks to Intensify After Election


> I hate to reply to this non-topic discussion. BUT, have you heard of 
> stock. Every auto company sells stock. Ford, GM, Chrysler, Toyota, Nissan. 
> The 'profits' don't go to Japan or US they go to stock holders in the form 
> of dividends.
> That 'World Economy' thing.
> Let's get back to OUR CARS.
>
> c.davis
>
> Spicemanii@xxxxxxx wrote:
> > Now, ask yourself, do I have any foreign cars? Even if assembled here, 
> > the money still goes out of country. I give no crap on gas mileage or 
> > longivity, because I only see old American cars still going, not econo 
> > foreign crap. Think about this for a second or two, If it gets good 
> > mileage, it does not hold its value. If it gets what many call, bad gas 
> > mileage, it goes up in value. Obviously their are a few things to also 
> > consider, like, muscle or convert or fin ear cars, as these do go up in 
> > value. I figure the gas mileage is made up in higher value as I drive 
> > them. The other is the repair of an older car in maintenance is lower 
> > than the repair of a econo car. Ever check what a trans axle cost to 
> > repair? Starter or air conditioner on a newer car? How about the cost of 
> > gas compared to blood? I will always take the bigger, heavier American 
> > over the loss of blood against a small foreign or American made small 
> > car. I win everytime. I could go on, but I love to tinker on my old c
> ars more. later, joe machado


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