I am not stating anything brilliant when I write The car industry is important to the United States economy. Jobs. Revenue. Jobs. GDP. Jobs. Etc… The US is giving or lending money to Chrysler and General Motors (GM). (IMHO they are still going about this in the wrong way. Please see my previous post Buy Cars – A message to Washington on the stimulus.)
As the topic of assisting the car manufacturers takes place, without a doubt, the subject of protectionism arises.
But these days, what is a domestic car? What is an import? Does it matter to our economy? Both domestics and imports provide jobs in the United States. They both use varying degrees of US materials. They both use US services like transportation.
As a result, it’s hard to tell what really an American-made car is, and perhaps even why it matters. Car buyers who wish to buy American have a confusing maze of information to navigate: there’s the location of the assembly plant, the percentage of parts content, the ideal of that name on the grille, and, finally, where the pocket is that will take the profit and re-invest it into future cars and products. Each element weighs differently to each person, to be sure, so we have attempted to create a comprehensive guide to understanding what it is that makes a car an American car. Because it’s jobs and investment that matter most, we rank the assembly and parts makeup of a vehicle as most important, followed by the location of the corporate parent and, finally, the name of the brand.
Also from the same article:
The US Government defines domestic vehicles in two basic ways: where they’re assembled and the percentage of parts content comes from an American source. We add the final two criteria to clear the air on confusing issues regarding ownership. For example, you may think that the Dodge Ram is an American vehicle, but it’s really not: Because Dodge is owned by a German company, DaimlerChrysler, and because its parts content does not reach the US threshold of 75 percent, it’s actually an import. We also recognize the value of a brand, and the cultural importance they play in the lives of Americans. For example, Ford is more than just a car company; it’s a family with a historic legacy that covers assembly line production and automobiles. Regardless of recent struggles, the name and brand of Ford, Chevrolet, Cadillac or others resonates with people as a part of their lives.
So, the bottom line is What is a domestic car? We should just be working towards selling cars… period.
The US government determines a domestic vehicle by using a combination of (a) The Assembly Plants and (b) The Parts and Content.
So… did you know the Toyota Camry is considered a domestic vehicle? Did you know the Chevy Tahoe is considered an import?
Regarding team sports such as baseball, football, hockey, soccer — only:
As fans, we have been pushed to say
Who cares about Barry Bonds, or Hank Aaron having the most home runs
Who cares about Roger Clemens having 350 wins and over 4,000 strikeouts
Who cares that Mark McGuire beat out Sammy Sosa in the 1998 Roger Maris home run chase
So what — Alex Rodriguez has 500 plus home runs and counting…..
Cheating has taken place and will always take place.
Focusing on team records is, at least, an equal playing field (no pun intended). Think about it.
A-Rod recently admitted using steroids from 2001 – 2003. Let’s assume that at least 104 players used performance enhancing drugs during that era. Who won the World Series from 2001 – 2003 (Arizona Diamondbacks, Anaheim Angels, Florida Marlins). Fine.
So we can assume that at LEAST 100 of the 700 major league players “cheated” using performance enhancing drugs. For round numbers, that’s 14% of the players. Let’s assume there is an equal distribution of “cheaters”. 14% of the Diamondbacks cheated. 14% of the Angels cheated. And 14% of the Marlins cheated.
Continuing, 14% of the NY Yankees, NY Mets, and Boston Red Sox also cheated, and did NOT win the World Series.
As a fan, I have no problem with it. Those seasons were entertaining and fun to watch. It is an equal playing field because all the teams and players probably had access to the same performance enhancing drugs. Teams made decisions. Individuals made decisions. That was THAT era.
When the rules were set outlawing steriods, the number probably went from 14% to 2% (a guess). Again, the cheaters were probably evenly distributed amongst the league.
So all the teams and players probably had a representative sample of cheaters.
As new drugs come on the scene, everyone will have access to them. New masking agents come on the scene, everyone will have access to them. It’s illegal but fair.
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The same holds true for football. As time as gone on, steriods/HGH testing has gotten tougher. People still use then and there is probably an equal distribution amongst the teams and players.
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This may seem like bizarre logic, but it makes sense for the “team results”. Of course it does not help the individual records that are affected by this cheating.
I know it’s not realistic, but perhaps we should come up with an alternative to “individual records”. Perhaps we should discuss using a word like “highlights”.
One of the “highlights” of the 1998 season was McGuire and Sosa competing to hit the most home runs… I know,I know, it’s weak…
We used to joke around that 3 of the great lies of all time were
The check is in the mail
You can’t get pregnant the first time
It’s not you. It’s me.
Recently there seems to be a need to update this list. Here are a few updated examples
Read my lips, no new taxes <George Bush>
I did not have sex with that woman <Bill Clinton referring to Monica Lewinsky>
I did not take steroids or any performance enhancing drugs <Alex Rodriguez, he later recanted>.(Not to stick up for him for his ethics and motives, but it’s kind of interesting how Jose Canseco has NOT turned out to be as big a liar as we thought… right?)
The check is in the mail. I suppose we can keep that one on the list for Bernie Madoff.
* * * * * * * * * ** * * * ** * * * *
Who can we trust these days? It has become a sad environment, not just because of the financial problems, political polarity, etc… but because of the warranted distrust in the world. Here is a song that has come to mind. It is not an exact fit (actually it’s a stretch) , but today, where are all our leaders? Who can we trust? Our athletic heroes?
You want people to buy cars in this environment? This is what should be implemented by Washington today!
For the next 18 months…
If you purchase a hybrid vehicle, your sales tax, interest, and principal is all deductible up to a cap of $30,000. Period. *** OR ***
If you purchase a vehicle with rated MPG greater than 30 MPG, your sales tax, interest, and principal is all deductible up to a cap of $20,000. Period.
This incents people to purchase a vehicle.
This provided additional incentive to people to purchase a hybrid. Environmental Win.
This provides auto manufacturers incentive to creat high mpg vehicles and hybrids. This is better than strong-arming the auto manufacturers. If they want to be in business, they’ll do it.
The money lost from government revenue would be the same as if they subsidized some auto-related program.
Consumers who really need a car and are holding off, may decide to step up. It is too good to pass up.
Makes Sense. Simple. Right to the point. And No protectionism.
Please pass this around to people, your congress-people, and President Obama.
We need you to participate in saving the country and world.
We need you to be hands-on with the critical items such as the so-called Stimulus Package that is now in Congress. It is a great disappointment that you were not involved in the crafting of the work. We know you are an intelligent and fair person…. afterall we elected you…. not Nancy Pelosi…
It shouldn’t even be considered a stimulus package… it should really be called
The-Democrats-Now-Have-A-Majority-…
And-Are-Going-To-Shove-Their-Agenda-Down-Everyones-Throats…
-And-Hide-It-In-Emergency-Legislation Bill.
Democrats. Republicans. Who cares? We need this done right!
You cannot simply outsource the process and trust your Democratic Party Majority in Congress to get it right. It is obvious there is a blatant Non-Stimulus Slant to everything in that document. You are responsible for the STIMULUS bill.
You are our President. You need to get your nails dirty and participate. It is not the time to be running out and spending time at local elementary schools.
Realistic Ways to Save Money in there Tough times… continued…
Get haircuts, get your hair done less often – Judy had commented on “haircuts”… I had spoken to my barber regarding the effects the economy has had on his business. He had said people are waiting longer between haircuts (It is consistent with Judy’s comment.) I had also gone from a haircut every 5 weeks to 8-9 weeks (to the point of people making comments).
Wash your hair every other day. (If you do not have greasy hair that should not be gross.)
Unplug “things”. Unplus the power cord when not charging something. Sometimes they are still using a little electricity.
When your bottle of shampoo gets half empty, add a little water. This will make it last longer. Shampoo is mostly water anyway.
Do the same thing for hair gel. When your bottle of hair gel gets half empty, add a little water.
Run your dishwasher, washing machine, and dryer late at night when utilities are less expensive. (Is this true?)
If you are getting rid of a older car, see if it may be worth more to you to donate it to charity. At times they may give you a better net when you calculate it against your taxes.
Instead of going out, invite friends to your home. Having drinks at home is dramatically less expensive than out at a bar or restaurant.
If you are going out, invite friends over for drinks before hand (instead of having drinks while waiting for a table.) That will save significant money. — Remember don’t drink and drive!
As the economy is getting tougher wiith potential unemployment on the horizon, here are some of the items our family has done (or will be doing)…
Cancel gym membership. I stopped my LA Fitness membership and started running and doing push ups.
Add water to hair gel… a reasonable amount to make it last longer – it is mostly water anyway
Add water to shampoo, hair conditioner … same here.. a reasonable amount to make it last longer – it is mostly water anyway
If there is coffee in your office, drink that… even if you love Starbucks… You would be surprised how quickly it ads up. If you have 2 cups of coffee a day at $2 each.. that’s $4 per day… with an average of 20 work days per month… that’s $80 per month on coffee.
Clean out your drawers, house, apartment… find old jewelry, metals, etc… and sell them… I have sent mine to QuickCashKit.com and they seemed to have sent me a fair dollar amount. (They are not a middleman. They are the refinery.)
I sold my other junk on eBay. It was just taking up space in the house anyway. I aggressively priced it. I want the cash. I don’t are that someone else got an extra $5 for the same clock radio!
I purchased a new (to me) leather jacket at Good Will (Jericho Turnpike, Elwood, Long Island, NY). They have nice, broken in, soft leather, used jackets. I stumbled across this place last year when I had to find a costume for a dance. They had lots of nice things!
Bring your lunch to the office. (You would be surprised how much money you spend on lunch, coffee, etc..)
Stopped eating in between meals. (Again, it is a good habit to NOT eat between meals. Now is the time to do it.)
Around here, it seems like Chinese Restaurants (small storefronts) seem to have lots of great lunch meals. An acquaintance (who is single) actually buys 2 lunches and brings one home for dinner. Actually, sometimes the lunch itself is large enough for dinner and lunch.
Good bye Netflix. Good bye BlockBuster. We now go to the public library and borrow movies for FREE. We also do not feel pressured to watching a movie that we had paid for…
Lowered the thermostat from 68 to 62 degrees. It’s a little chillier but put on a sweaterhirt! I am guessing, I will save $20 per month.
Cancel the water delivery service. Each of those bottles costs $15 and the stand costs $5 per month. We will save $20 per month purchasing the water from the grocery store.
For breakfast we like to have a bagel with cheese. Around here (NY) a bagel costs approximately $0.75. An entire loaf of bread costs $1.49. Save money by purchasing a loaf of bread and putting cheese on bread instead of a begel…. it will also save you calories! And Carbs!
Save on automobile insurance. As your car gets older you MAY need less insurance. Contact your insurance professional to guide you. Your insurance broker may be able to guide you properly and safely. Present your concerns to your broker before lessening your coverage.