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fasttense

(17,301 posts)

6. So they say,

Thu May 8, 2014, 08:14 AM

May 2014

Poor, poor Ford Motor Corporation, they can't get any dollars. That's the answer. It's nothing that those huge corporations did themselves. They are mere passengers in a boat tossed about by the political storm. These huge corporations have no power, no control over national events. Who will save them?

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Venezuela to Ration Electricity After Colombia Cuts Gas [View all] 7962 May 2014 OP

Sounds like things are going great! NT Adrahil May 2014 #1

Because bloomberg news is such an unbiased new source fasttense May 2014 #2

^ +100% Hestia May 2014 #3

from the op sweetapogee May 2014 #4

So they say, fasttense May 2014 #6

The VZ government controls access to dollars hack89 May 2014 #8

You know dollars come from here, right? Ford has access to more dollars jtuck004 May 2014 #16

What about those thousands of domestic VZ companies? hack89 May 2014 #17

the black market n/t Bacchus4.0 May 2014 #20

Noit ignoring them. Just know that the argument that Ford can't get dollars is specious. jtuck004 May 2014 #21

no, really. Ford can't get dollars from Ven government. They can't convert Bolivars to dollars Bacchus4.0 May 2014 #24

IMO, 'OUR govt.' dotymed May 2014 #65

I Tend To Agree, Sir: This Is The Capitalist's Equivalent Of A Strike The Magistrate May 2014 #18

Why would a Dutch company care what kind of govt Venz. has? EX500rider May 2014 #67

You are living in the last century nolabels May 2014 #70

Right, cause the Europeans SO hate socialism... EX500rider May 2014 #71

I work on those piece of crap Volvo trucks all the time nolabels May 2014 #72

Venezuela government won't convert Bolivares to dollars and allow repatriation Bacchus4.0 May 2014 #19

So let's say you have a socialist government that thinks you make too much profit, jtuck004 May 2014 #23

You cannot starve your sources of tax revenue, either. Ikonoklast May 2014 #27

They are only forced to be as unprofitable as they WANT to be. This doesn't jtuck004 May 2014 #30

If production costs are greater than revenues then there are no profits. hack89 May 2014 #36

Yet, they post profits. It must be magic. We have a company here, Pfizer, trying jtuck004 May 2014 #44

Who is posting a profit? Not Ford's Venezuela operations hack89 May 2014 #46

Poor, poor Ford. Only a 7 billion dollars in profit in 2013, if they could have just screwed jtuck004 May 2014 #74

"Yet, they post profits." EX500rider May 2014 #73

That is total nonsense. Venezuela is ensuring they are operating at a loss. Ikonoklast May 2014 #42

Ford didn't provide jobs, silly, the consumer demand did. Ford can leave, someone else jtuck004 May 2014 #43

Right, all those domestic venz car companies like........ ???? EX500rider May 2014 #48

I've come to the conclusion that all of Madura's apologists are as ignorant of economics as he is. Ikonoklast May 2014 #54

If you got hired by Ford then yes, Ford DID supply the job. EX500rider May 2014 #68

the Ven government has limited profits to 30% maximum Bacchus4.0 May 2014 #28

This hubbub is about this .... MindMover May 2014 #32

the US expelled them like a month ago but it doesn't have anything to do with Ven's currency Bacchus4.0 May 2014 #34

I know companies that would KILL for a 30% profit. Some too greedy, think jtuck004 May 2014 #33

Ford wants control of their own profits, not have Ven hold them Bacchus4.0 May 2014 #37

Or sell dollars to them at a loss. Then there is a loss, not a profit. - no, just a transaction. jtuck004 May 2014 #38

A 30% annual profit with 50% inflation is a net loss. EX500rider May 2014 #49

Damn, a whole economiks course, and no tuition. Thanks, man!! jtuck004 May 2014 #51

After some of the stuff you have posted in this thread a course in economics is a good idea. EX500rider May 2014 #52

That rather depends. Igel May 2014 #55

But in VZ companies are not making any profit hack89 May 2014 #35

Ford Posts First Quarter 2014 Pre-Tax Profit of $1.4 Billion jtuck004 May 2014 #39

What about all those other companies in VZ? hack89 May 2014 #40

Not tryintg to deflect, used your example. I smell straw...but anyway... jtuck004 May 2014 #41

The murder rate in VZ 15 times higher than America and is steadily hack89 May 2014 #45

The link you provided brought information I'm certain many have never heard. Judi Lynn May 2014 #64

40 some years ago in Chile under a different administration has SQUAT to do with anything. EX500rider May 2014 #69

Getting paid in useless Venz bolívar's doesn't help buy parts overseas. EX500rider May 2014 #47

Companies don't make cars and sell them at a 10K loss ea Yo_Mama May 2014 #57

boo hoo. Poor poor Venezuela can't pay its bills or keep the lights on despite the worlds largest Bacchus4.0 May 2014 #10

So you think the Dutch are in on a plot against Venz? lol...ok EX500rider May 2014 #50

Nationalize everything! So we get more good YouTube vids like this one from Venezuela snooper2 May 2014 #66

Because, like Canada Air, they're afraid the govt will steal their money 7962 May 2014 #5

Oh my the bad nasty governments that they have no control over fasttense May 2014 #7

So what is your solution? hack89 May 2014 #9

Yes, put ALL the corporations out of business. Gee, who do I work for now? 7962 May 2014 #59

I bet they'd be willing to continue operating if they could make money there. Bacchus4.0 May 2014 #11

Yeah it funny the strange theories Chavista's come up with... EX500rider May 2014 #53

The Venezuelan government melm00se May 2014 #12

actually, there is a demand but they can't get the supplies to build vehicles so production is down Bacchus4.0 May 2014 #15

It's all part of the very same problem, Columbia wants dollars for its exported natgas. Ikonoklast May 2014 #25

true, but the cuts in supply of gas are because of the drought conditions Bacchus4.0 May 2014 #31

Kicked for honesty. dotymed May 2014 #13

Have you even bothered to COLGATE4 May 2014 #14

I suppose you believe what you say. Bloomberg isn't that biased. They are a financial reporting okaawhatever May 2014 #26

I know, right? Let's all move the Venezuela, the Workers' Paradise! NT Adrahil May 2014 #29

Hey Ford, Toyota ...there's plenty of energy and workers here ...assholes! L0oniX May 2014 #22

What does that even mean? Both companies DO have plants in the US.. EX500rider May 2014 #56

If you don't want more jobs in the USA that's on you. Thanks. L0oniX May 2014 #58

Nothing wrong with build cars were they are going to be sold.. EX500rider May 2014 #60

You forget ...we used to export cars. L0oniX May 2014 #61

A Revitalized Car Industry Cranks Up U.S. Exports - WSJ, 7-2-13 firesalesman May 2014 #62

Used too? Still do...and in record numbers. EX500rider May 2014 #63