Not true. CEO's are a major problem. They take up a lot of the company's profit.


-Matt-

 

How can drilling in Alaska make up for Ford making ugly boring cars no one wants? I don't understand the logic.

 

its ok, most people dont understand yours either...

 

No offense, but have you ever taken economic courses? Economic courses help explain issues like this. If the drilling in Alaska was done back in 2002-2003, the supply of crude oil would go up, which would reduce the price of a barrel oil. The drilling in Alaska would create new jobs for people because people have to do the labor and control the machines. The increase in jobs in a more rural area like Alaska would mean a increased demand for housing (which helps the construction businesses), increase to the local businesses, and an increase in demand for automobiles that are good in the snow, like SUVs. These increases lead to more jobs created as a result of having money poured into an area that didn't have this income before hand.

Now besides the possible increase of SUV sales in that area, having a greater supply of oil and a likely additional refinery needed and built as a result of the increased supply of oil available would have prevented the gas prices from being as expense as they are now. The area where Ford offered what is called a superior product is in the SUV market. The history of the U.S. market shows that people did want Ford trucks and SUVs, just not their cars. The result would have been Ford not losing quite as many SUV sales because the cost of fuel would not be quite as high. The SUV bubble would have probably burst regardless but the lower prices would have cushioned the blow. Ford would have still realized that they needed to be more competitive in the car market like they do now, and they would have made the new cars they just introduced. Now the main difference would be that they would not have lost near the market share that they did in the last few years as a result of high gas prices and which means profits would not have dropped quite as far and as a result they would not need to shut down as many or possibly any factories.

Now this is not the only reason why Ford is having problems. It is a fact that their marketing has sucked badly, their cars are ugly and out of touch, their factories need updated technology to be more efficient, and the worker's insurance is higher than the Japanese manufactures' insurance as well. What I am saying is if we would have drilled in Alaska, more oil drilling jobs would have been created, local businesses would have received a nice boost, and this could have cushioned the blow that Ford took and things might have turned out better.

Now does this clear things up for you, 2coff? If you need a more detailed explanation, I would be happy to explain this to you.

 

Yes I've taken economics and got an A+, my teacher also use one of my essays for an example for future classes. Here's a novel idea. Use Ethanol, it can be made and refined here in the U.S. and create way more jobs and money for the U.S. then your Alaska idea could ever dream of. And we would stop using foreign energy all at the same time. You idea is a short term sullution to a long term problem. In less then 10 years Alaska will be out of oil and we would be right back were we started, accually worse.

 

anyone else find humor in the fact that 2coff is opposed to importing foreign items?

 

He is from the 909 area man, here is Cali, that is where all backwards living, meth toking people are.

 

Ford coporation as a whole company worldwide made 5 billion. They lost money if you only included the U.S. operations. Ford Credit made $5 billion worldwide in 2005. I don't think Ford is going away anytime soon. Remember, they have about $10 billion in cash reserves.

 

i could of told you that before i even know he lived in California. it is just kind of ironic that he does that because that is where i assumed he was from. you have always been pretty cool, but you live with some really *** backward people as you probably know.

 

Uhm...I blame El Nino'! Seriously, I share the idea with some of you that the type of cars being made are crappy, even die hard blue oval fans aren't happy with the selection, I also feel there are too many chiefs in the white collar area, and I'll even put some blame on the Union. But I mostly blame El Nino'!