Federal Trucking Bailout

[Coco]

I've heard the term "bailout" used loosly the past few weeks, Amtrak bailout, airline bailout and trucking bailout. We know the Feds can bailout Amtrak and the airlines but what about the trucking industry? What would be your vision of a bailout? How would it work? How would it be funded? Here's your chance to play politician and see if your bill gets passed by your peers.

 

[greg334]

I've heard the term "bailout" used loosly the past few weeks, Amtrak bailout, airline bailout and trucking bailout. We know the Feds can bailout Amtrak and the airlines but what about the trucking industry? What would be your vision of a bailout? How would it work? How would it be funded? Here's your chance to play politician and see if your bill gets passed by your peers.

There would not be a bail out in any way, the industry needs two things to get straight;

It needs a serious change in the tax system - Fair Tax

It needs to be trimmed

The tax system is the reason we have companies leaving, it is not cheap labor or anything like that. It is cheaper for them to avoid the 35%+ taxes that are passed on to us by moving to Mexico. This also allows the trucker to put the money into the truck and business and to allow them to prosper.

The industry needs to be seriously trimmed, get rid of people who are driving prices down by running cheap. let there be a shortage, means more work for us and an adjustment in Rates.

Those are two things I would do, I would not give a dime of tax money to help anyone out, I would simply remove the barriers.

I would also examine the need to return back to more regulations of the companies and review the need to go back to Cab over trucks because I like them which means returning the a length limit.

 

[piper1]

and review the need to go back to Cab over trucks because I like them which means returning the a length limit.

Does that cabover come with a monkey?

"I'm BJ McKay and this is my best friend Bear"

NOOOOOOOOOOOOOOOOOOOOOOOO!

 

[nightcreacher]

Greg,everything just said is great,but 1 thing,you may like the cab over trucks,but most of us that drove them, hated to go to work everyday.The ride was terrible.I woud like to go back to the 45'trailer,I would leave it 102 in wide though,put the weights back to 73,280,this would raise the rates,as there would be a shortage of trucks.

 

[greg334]

Greg,everything just said is great,but 1 thing,you may like the cab over trucks,but most of us that drove them, hated to go to work everyday.The ride was terrible.I woud like to go back to the 45'trailer,I would leave it 102 in wide though,put the weights back to 73,280,this would raise the rates,as there would be a shortage of trucks.

I know what you mean, I learned how to drive a truck in a 70's GMC astro, what fun that was.

But I a week ago or so I looked at something sitting on a trailer down the street from me, A MB Actros COE truck. Air ride all the way around and it looked rather nice. I stopped and talked to the guys who were bringing it to Eaton for testing. Pretty interesting truck but not a big sleeper. It has a few features that would be nice here but again it is made for a small land mass, europe.

Nope no monkey in my cab over, they stink.

I never thought of the trailer or weights but that makes sense too.

 

[ratwell71]

I would back our dollar with something of value like GOLD or SILVER. This will make the dollar more valuable and marketable in foreign trade. I would start exporting more goods out of this country and put a limit on imports. Wait! That would mean that I would have to give the corporations a break for staying in this country so they can supply their goods to the foreign market so I could increase my exporting business. And by doing this I just created JOBS.

Keep jobs in America, buy American and export American.

Doesn't sound too bad huh?

 

[ratwell71]

This is a fix for the economy so a bailout is not necessary.

 

[greg334]

Ratwell,
we can not return to either uniformed metal standard, it would have to take the entire industrialized world to do it at the same time.

Also there would be a great deal of complaining that the value of a dollar would not be the same but for every $100 in todays money, a revalued metal based currency may be only worth $15 - imaging the complaints.

We were the last major country to go on the uniformed gold standard. We were only on the gold standard for 32 years before FDR pulled us off of it, then we had nothing until the Bretton Woods agreement, the altantic charter and the organization that came about from them - the IMF and IBRD.

It is a more complicated situation today and people like Ron Paul could never pull off a change with our monetary system to get us back on any metal based currency. It would be nice to buy a car for $3000 again but....

The solutions are easy, get rid of a progressively punitive tax system and replace it with something that will allow us, the people to keep what we earn.

 

[Moot]

I know what you mean, I learned how to drive a truck in a 70's GMC astro, what fun that was.

With all that glass and a low dash you couldn't scratch yourself without the whole world watching.

 

[nightcreacher]

Ratwell,
we can not return to either uniformed metal standard, it would have to take the entire industrialized world to do it at the same time.

Also there would be a great deal of complaining that the value of a dollar would not be the same but for every $100 in todays money, a revalued metal based currency may be only worth $15 - imaging the complaints.

We were the last major country to go on the uniformed gold standard. We were only on the gold standard for 32 years before FDR pulled us off of it, then we had nothing until the Bretton Woods agreement, the altantic charter and the organization that came about from them - the IMF and IBRD.

It is a more complicated situation today and people like Ron Paul could never pull off a change with our monetary system to get us back on any metal based currency. It would be nice to buy a car for $3000 again but....

The solutions are easy, get rid of a progressively punitive tax system and replace it with something that will allow us, the people to keep what we earn.

A vote for greg334 into the whitehose is the 1st step in getting this country back on its feet

 

[RLENT]

With all that glass and a low dash you couldn't scratch yourself without the whole world watching.

Yeah ... but throw a chinchiller or two into the mix and ya could charge for it .... hmmm .... new revenue possibilities ......

 

[piper1]

Keep jobs in America, buy American and export American.

Doesn't sound too bad huh?

Challenge to everyone, try to go a week without buying anything that is not made in the USA (we'll exempt fuel for the time being).

It's harder than you think!

 

[EASYTRADER]

The US is the number 2 exporter of trade goods in the world. in many types of goods we are number one.

as far as value added goods go we are still number one.(these are fully assembled or intrically machined parts)

the trade deficit you hear talked about is cuased by US citizens having the lowest savings rate and highest personal debt rate in the world.

If the savings rate in the US was equal to the
savings rate in China there would be no trade deficit at all.

the loss in manurfactuing jobs has more to do with automation than importation. But even with all the automation skilled manurfacturing jobs in the US have been steadilly rising since WWII(machinists,robotics mechnics,etc)
We currently have a shortage in this country of skilled craftsmen - welders, electrician, cnc operators, Journey trademan.

automation has replaced the guy at GM who used to bolt tires on chevys robots now do that.

Most of what you hear on the news about what's going on in the economy is just bunk. Which is sad.

but an ill informed public is easy to sway.

 

[EASYTRADER]

If you want to be better informed about the
economy in general sign up for the CATO Institute podcast they cover a wide range of economic topics in detail every week.

 

[miguy1957]

the loss in manurfactuing jobs has more to do with automation than importation.

automation has replaced the guy at GM who used to bolt tires on chevys robots now do that.

I would have to agree with you about that. I worked a a small parts plant about 10yrs ago in this one department that made anti lock brake modules ( the brains of the system) when we first started making these parts there were 45 people in the department after they got all the robots and other automation in place it was cut to 5 people. If you havent had a chance to see this in action its amazing at all the things that can be automated we even had cameras that could inspect the parts before they made it to the end of the line and reject a bad ones before it got to the end of the assembly line without stopping or slowing the line down. And that was 10 years ago hard to immagine what its like now........... maybe its the same, it went to Mexico..........along with my job
________
Pattaya Heights Condos

 

[dcalien]

I think most people could bail themselves out if the government let us keep more of the money WE earn and threw less of it away.

Of course I think I could fly, too, if I had wings and lost a 100 lbs.

 

[nightcreacher]

You want to talk about debt to earnings,my dad was a dentist,a 100000 dollar a year man.he had a motto,im not a millionaire,i just live like one.Well everyday he lived it like his last.I guess its rubbed off.If i want it,I get it,not tomorrow but today,im impulsive,so ill always be in debt,and you know what,I like it that way,im not going to be dying wishing i would have done this or that,cause i already have.On the other hand,my grandfather died at 95 years of age,and had a bank full of money that he left to his third wife,the others had already passed away,infact the 2nd one had her son empty that bank account right before she died.How did he make his money? First he was in the floor tile business,and then there was a stock called zerox,way back in the 50's,no one had any idea what it was. for a very frugal person,he put it all in zerox,it made him a millionaire.My grandfather had a house,a garden,and thats what he loved,but as far as material things,absolutely non.Did he go on vacations,nope,wasnt going to spend the money,he did those sunday 1 tank trips in Ohio,he always said there are plenty of things to see around us,you dont have to go away to find them.Well if thats how millionaires actually live,ill just do it my dads way,spend it while you have it.I'm like greg,just to long winded.

 

[nightcreacher]

Of course I think I could fly, too, if I had wings and lost a 100 lbs.[/quote]


I tried that flying stuff,jumped out of a perfectly good airplane,had this pack on my back,think it was called a parachutte,what a rush,but once was enough,as i lived thru it,not taking anymore of those chances.Been trying to get on the Goodyear test track here in Akron for years,its easier to win the lottory than have someone let you on the track.

 

[Scuba]

You can trust if there was any kind of bailout it would be for the big trucking companies o/o wouldn't get squat

 

[ratwell71]

Greg,

Nixon closed the Gold Window. We still have the means to back our dollar with something of value. It would help matters if the fed stopped playing with interest rates as well.

Every problem has a solution. It is my belief that the only candidate that has a solution to this economic problem is Ron Raul. The others have wasted their breaths on spewing out their temporary solutions to the general population. And you know what those promises are not theirs to give. How can they say any of the stuff they have said knowing that it first has to pass through Congress? They have not the power to put caps on interest rates, or give health care to everyone in the U.S, etc. Makes me laugh...

I am not for any of these CLOWNS. The only one that can help this situation is someone that knows economics and has some knowledge of how a business is to be run.

That is like me running for the head of a computer department and knowing nothing about computers. Geez, I could see someone trying to pull the wool over my eyes when spending the department's budget. The USA is a business and needs someone with a business background not someone that has not accomplished a dang thing while being a senator, or better yet let's vote them in just because daddy bought their degree. You know what I am saying?

Again, I have enjoyed your responses. I wouldn't vote you in for President but I would give you a seat in Congress. Well, some political seat would have your name on it. AMEN.