{"id":3470,"date":"2010-01-28T20:04:47","date_gmt":"2010-01-29T01:04:47","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=3470"},"modified":"2010-01-28T20:04:47","modified_gmt":"2010-01-29T01:04:47","slug":"shock-claim-ford-motors-makes-profit-without-bailout-money","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/3470\/shock-claim-ford-motors-makes-profit-without-bailout-money\/","title":{"rendered":"Shock Claim: Ford Motors Makes Profit Without Bailout Money!"},"content":{"rendered":"<p>Well, this is interesting.\u00a0 Apparently, <a href=\"http:\/\/apnews.myway.com\/article\/20100128\/D9DGO8O80.html \" target=\"_blank\">Ford Motor Company shocked Wall Street<\/a> by announcing it <a href=\"http:\/\/online.wsj.com\/article\/BT-CO-20100128-723023.html?mod=WSJ_latestheadlines \" target=\"_blank\">made a profit last quarter<\/a>, and expects to carry that good news over the entire 2010 year.\u00a0 But how can this be?\u00a0 Ford was the only U.S. automaker that didn\u2019t accept a government bailout.\u00a0 In fact, the measures Ford took to regain its profitability look like a blueprint for government owned General Motors and Chrysler: cost cutting, a nearly $700 million profit in its credit line of business, and sales of popular models like the Ford Fusion and Escape.<\/p>\n<p>Here\u2019s a thought: since <a href=\"http:\/\/www.cbsnews.com\/blogs\/2009\/04\/29\/politics\/politicalhotsheet\/entry4979228.shtml \" target=\"_blank\">the president doesn\u2019t want to run car companies<\/a>, why not hire some of the talent (or at least adopt some of the strategies) that got Ford back on the road to sustainability?\u00a0 That way, he could un-nationalize General Motors and Chrysler, putting more money back into the economy, spurring job creation and more tax receipts to fund all his pet projects?\u00a0 You know; the stuff he really does want to do like health care \u201creform,\u201d cap and tax, and more stimulus packages.<\/p>\n<p>Of course, that kind of policy would only make sense if Progressives like the president actually cared about creating a sustainable create-tax-and-spend model to support their statist policies.\u00a0 Anybody want to start a pool wagering how long it will be before the White House starts attacking the \u201cfat cats\u201d at Ford for their non-government-funded prosperity?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well, this is interesting.\u00a0 Apparently, Ford Motor Company shocked Wall Street by announcing it made a profit last quarter, and expects to carry that good news over the entire 2010 year.\u00a0 But how can this be?\u00a0 Ford was the only U.S. automaker that didn\u2019t accept a government bailout.\u00a0 In fact, the measures Ford took to [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[143,380,378,785],"class_list":["post-3470","post","type-post","status-publish","format-standard","hentry","category-posts","tag-barack-obama","tag-chrysler","tag-ford","tag-general-motors"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/3470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=3470"}],"version-history":[{"count":4,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/3470\/revisions"}],"predecessor-version":[{"id":3474,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/3470\/revisions\/3474"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=3470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=3470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=3470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}