Drop 1120 says:
Clarify. Chongqing. Tuesday. Demand. Xi. Confirm tarriff reduction. Tuesday (China). Cars. Articles provide foundation. Major import. Ford. US. Start. Q
I can understand some of this. And I think we all believe Pompeo confirmed “Demand” today.
But I can’t figure out what Ford has to do with anything, and I can’t find any discussion on it.
They took none of the Obama bailout. They helped Trump make a ton of ventilators for the “pandemic”. They recently shutdown some foreign operations.
What is their role in all this? Someone wiser than me, please help.
This might just be a history lesson. Go back to WWII. See which American corporations funded both sides of the war. Did Ford provide tanks or other things to the Nazi's for money? It's worth the dig. You might even see other corporations who were doing the same. Also, look into the history of the New York Times during that time. They kept the information of what Nazi's were doing to the Jews from the people.
Ford in a large way helped make America Great before we were all born. Henry Ford would roll in his grave if they took government money, he had a great antipathy for government regulation.
I think he was pin pals with nazis before the war. To say the least, He wasn’t fond of Jewish people running things. He said if you examine the worlds biggest problems and look to see who is in charge you will find Jews there...
The Ford family does not own the majority of the shares in Ford Motor Company but the shares they own are preferred and have more voting power than what is publicly traded so the family still has control of the company.
Their sales have recovered from a year ago. Down 27% in 2019 and now up 30% in 2020. Something had to happen there though because I believe in 2019, China imposed tariffs of Ford.
Sounds like they’re good here, but I just don’t know. It’s a major company, I’d love to understand their role here.
Yea, I was kind of on board with them when they didn't take the bailout but maybe we just stumbled upon something here... Maybe they took Chinese money instead. I mean, China invokes tariffs on them and their sales go up 30% after having a 26% decline in sales the previous year?
Doesn't China own jeep now?
Isn't that why we saw all those brand new jeeps during Bidens virtual rallies?
Hmm...
Look at #1118 references China, cars, nyt article
Thank you. That helps. Makes me think Ford are the good guys here.
GREAT American business. Will probably have alot to do with rebuilding and restructuring industry in America.
Not sure otherwise.
So you think they’re good in this scenario?
Well, they did step up with the ventilators. But as we have seen there has been alot of different people and institutions flip-flopping the last 5 years with regards to the DJT Admin.
I would say that at some point soon these companies are going to have to commit to America or perish.