Comment on Ford lays off 700 who were building electric version of F-150 | CNN Business

• Cornpop@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Ford never took a bailout

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  • AnarchoDakosaurus@toast.ooo ⁨11⁩ ⁨months⁩ ago

    A Ford TV ad slams competitors for accepting bailout funds, even though the company’s CEO lobbied for the bill. The company — the only one of the Big Three not to receive a bailout — feared a collapse of GM and Chrysler at the time would have hurt suppliers and, in turn, Ford itself. Ford Chief Executive Officer Alan R. Mulally also asked Congress for a “credit line” of up to $9 billion in case the economy worsened. In other words, Ford was for government bailouts before it was against them.

    • factcheck.org/…/ford-motor-co-does-u-turn-on-bail…

    And ford took more money from Biden’s green energy plan. Ford is definitely guilty as fuck as slurping up government surplus and firing workers the second they stop making them a profit.

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    • stealthnerd@lemmy.world ⁨11⁩ ⁨months⁩ ago

      I love how the OP said Ford never took a bailout, you reply confirming that, and OP gets downvoted into oblivion.

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      • TheRealKuni@lemmy.world ⁨11⁩ ⁨months⁩ ago

        I love how the OP said Ford never took a bailout, you reply confirming that, and OP gets downvoted into oblivion.

        Welcome to Lemmy. I swear this place is worse than Reddit at reading comprehension and mob-mentality downvoting.

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      • surewhynotlem@lemmy.world ⁨11⁩ ⁨months⁩ ago

        There were more than ten words. I didn’t read it either.

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      • Kedly@lemm.ee ⁨11⁩ ⁨months⁩ ago

        15 downvotes is downvoted to oblivion?

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      • CmdrShepard@lemmy.one ⁨11⁩ ⁨months⁩ ago

        They didn’t confirm that Ford didn’t receive a bailout just that Ford didn’t participate in TARP. Ford took a $7B government loan in 2009 and didn’t even finish repaying it until last year. GM took their $8B bailout in 2009 and repaid it all in 2010.

        www.freep.com/story/money/cars/…/5526413002/

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  • Nollij@sopuli.xyz ⁨11⁩ ⁨months⁩ ago

    Ford never took that bailout

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