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Nov. 17, 2008 - Rush Limbaugh Program
35:33
November 17, 2008, Monday, Hour #3
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Time Text
No, no, no.
I'm I'm I'm telling you, it was it was the funniest thing, Gary McCord.
I was telling Snertley a couple stories here during the break of the I always love to uh talk to the um talk to the boss.
Cookie, did you bleep it or not?
I need to know if if that word is bleeped in there.
On this uh Soundbite 36.
Anyway, over the week, Gary McCord, who works with Jim Nance doing golf at CBS, uh, was showing us all some card tricks.
And George Brett was in, and Brett was fascinated with the card tricks.
We were sure this is Friday night, so Saturday night we had a bunch of people from outside the reprobate golf buddies uh come over for dinner, and George was trying to show people the car, he's trying to do the card tricks and couldn't pull them off.
And it basically mccord showed us how you show anybody to just pick a card, pick a card from the deck, and I can tell you what it is.
And he was showing us how that's done.
So uh Brett tried to do it, he couldn't do it.
He couldn't do it, and everybody was patiently laughing.
It was just the funniest thing to watch.
George Brett is the best party favor you could give anybody.
Just dishab him at your party.
Anyway, greetings, welcome back, Rush Lindbaugh, the cutting edge of societal evolution here on the EIB network.
You know, James Inhoff, the um uh senator from Oklahoma who is really carrying the water in the Republican Senate against global warming, came out past three or four days and said, you know, I'm looking at this bailout, and the Treasury Secretary Paul says, hell, best I can tell, he may have given some of this money to his friends.
And I thought, hot damn.
You remember when this all was going on, and Paulson was we're we're gonna bail out Wall Street, and remember we're gonna we're gonna buy up their toxic assets to make them whole, which he now changed his mind on last Wednesday.
And I remember saying to you people behind this very golden EIB microphone, that what Paulson's doing is simply making sure that his buddies don't have to give up their homes in the Hamptons and move to Yonkers.
And so here comes Inhoff saying, I think he's just giving the money to his friends.
He can do whatever he wants with it.
He has authoritarian type power.
He has been named the sole individual, whoever the Treasury Secretary is to provide for the economic welfare of the country and the American people.
This auto bailout, by the way, welcome back.
Rush Limbaugh at 800-282-2882.
If you want to be on the program, the uh email address is L Rushbow at EIB.com.
Um the uh EIB L Rushbow at EIBNet.com is what it is.
Now, this auto bailout, folks, is going to be fascinating to watch here because as we learned, we have some Southern senators, Jeff Sessions and Richard Shelby from Alabama and Jim Dement, South Carolina, who are saying we got a thriving automobile business where we live, and we're making American cars.
Now they're they're not Fords and Chryslers, they're they're BMWs, Mercedes, Hyundai.
They're making a lot, but they're American cars.
And they're not in trouble in these guys' states.
That's what they're saying.
I don't think what are we talking about here?
We're talking about the United Auto Workers, which gives practically every dime in political donations to one party.
I don't think every United Auto worker is a liberal Democrat.
I know some of them are very conservative and they uh and they vote Republican, but their their dues, all the money that they uh have to have to give to the Union, vast majority of it goes to Democrats.
And let's face it, where are the big three?
They are in Michigan, specifically Detroit and the surrounding environs.
Who runs Michigan?
Democrats.
Democrats have run the state for years.
You've got not just Michigan, but Detroit as well.
You've got Jennifer Granholm up there, the governor, who is arguably made it worse.
Rick Wagner at General Motors is a b uh bankruptcy is not an option.
It just it will not work, and he's, you know, he gives his reasons for it.
But let's let's face it, you've got three million United Auto Workers employees that if the businesses go south or out of work.
That's three million Democrat voters.
I don't think the Democrats want to risk angering three million union people and their thug bosses, not doing anything to save not just their jobs, but their retirement, their pensions, their welfare, and their uh health care.
So I uh the this is this is gonna happen.
Even if the Bush administration says nope, we're not doing it, Obama just said, okay, hang tough, give me the time to be inaugurated.
But we're hearing the same thing, folks, that we heard before the 700 billion dollar bailout.
We are hearing they can't make it till January.
They can't make it till February.
They can't make, they can't continue, they don't have the cash.
The big three can't make it.
We have to do this now.
Just like we had to do the 700 billion bailout now.
And they haven't doled out all the 700 billion.
And by the way, another bank, what is this Lincoln Financial Services, they have now applied to become a savings and loan.
They want to become an S L because that will allow them to apply for money from the 700 billion bailout fund.
Lincoln Financial Services.
So what we're being asked is taxpayers, those of us who may not have all the health care we want, may not have a pension the way we wanted it, it may not have retirement benefits.
We are being told that we can't let the auto industry suffer here.
We can't let them go belly up.
Uh but what we're really being told is that we are going to bail out these employees, these auto workers, and make sure their pensions are tight and their health care hold on and retirement and all that is maintained.
And I just wonder if it if it were positioned that way uh in in explaining to people why this bailout must take place.
We've got to save Jennifer Grantholm, we've got to save Michigan.
Now you might say, but rush, but rush, but rush.
The Democrats would love nothing more than there for to be three million unemployed people that vote Democrat.
Just turn them into wards of the state, welfare benefits and so forth.
I don't think so in this case.
Three million is a big number.
The Democrats don't want that on them.
They don't want the fact that the auto industry uh went down.
They don't want the fact that three million people are unemployed because they failed to act.
They run Congress now.
I mean, they they at this moment they don't have the 60 votes, but you get into January and February, and it's theirs.
Nobody can stop them.
They can do whatever they want to do.
And if they don't do something to bail out the circumstances and keep these people employed, they don't want to deal with the flack that they're gonna get for that.
So this is going to happen.
You heard it here first.
It may not happen until Obama gets into office, but it's going to happen.
How can it not?
How can it not happen?
Somebody explain to me how this cannot happen.
You could have as much public outcry against it as you had against the Dubai Ports deal or amnesty.
It's still gonna happen.
It is still going to happen, and the theory will be that, well, people forget about this in two years for the midterms, I forget about it in four years for the uh next presidential election.
I went back and I found a story from uh uh let's see, it's it's a knowledge, it's it's it's a it's a place that archives news stories.
And this story happens to be from October 10th of 2007, about 13 months ago.
And here is a uh pull quote from this story.
Uh it's uh uh quote is attributed here to a man named Daniel Brooks, who is a professor of supply chain management at the W.P. Kerry School, C-A-R-E-Y, and he was asked to look at the United Autoworkers contract a year ago, 13 months ago, uh, from a broad perspective of risk.
And he wanted uh they wanted his comment in the story.
Here's what he said.
The union targeted GM.
Now remember, this was this was a uh a union contract that featured what was it?
Was um basically job training, right?
And and And as they as the uh assembly line modernized, it was job training for union workers, but of course the modernization eliminated some jobs, but didn't eliminate the job, eliminated some work, but did not eliminate the jobs.
And the union specifically targeted General Motors to get this aspect of a new contract for all three eventually of the big three.
And here is what Daniel Brooks said in his analysis 13 months ago.
The union targeted GM because they have some cash.
On the other hand, General Motors also famously spends over $1,600 per car on health care costs of current and retired U.S. workers, while Toyota pays about $200 per vehicle.
Although General Motors also pays about another $1,000 per vehicle in holiday pay, work rules, plant shutdown pay, and line relief to UAW workers.
These are expenses Toyota does not have.
These costs were not as much the focus of these negotiations, because the irony here is that the UAW targeted GM for this new contract because they had the cash.
Do they have the cash now?
We have found out that they're going through billions every quarter.
Six billion, four billion, whatever it was.
So it's not just that there's sixteen hundred dollars per GM car for health care for current and retired auto workers, there's another $1,000 per vehicle for holiday pay, work rules, plant shutdown pay, and line relief.
So $2,600 per car coming out of General Motors that Toyota does not have to spend.
So that leads to the figure that we shared with you last Wednesday.
The hourly cost of doing business at General Motors is $73 and some change.
At Toyota, it's in the 40s.
Or maybe even less than that.
But nobody's even close to General Motors 7071.
Now you might say, but Rush, and if certainly if you're if you're an auto worker, you might say that the company agreed to this.
I mean, they made the deal.
It's up to them to honor it.
Yes, they made the deal.
And telling us they don't have any money, and their balance sheet looks like they don't have any money.
Now they did make the deal.
Did they have a gun to their heads?
Were they told we're going to strike and put you out of business?
Who knows?
You know what goes on behind closed doors actually in these negotiations.
But if they if they had the money back then, they had the money, but they don't now.
So if you don't have the money, how do you fulfill the promise on making good these payments to retire?
I can understand paying health care for your current employees, but the deals that were made for never-ending health care, retirement pension, all this on retired workers who are no longer productive.
That's that just economically don't it will not work.
It just cannot work.
You just can't pay that many people who are not producing anything for you.
It just without I mean the the bill has to be paid at some point, you know, kill the golden goose, the whole little thing.
And we've got there.
So now the only way for the commitment to be made, apparently, is for a bailout.
$25,50 billion.
And you have to ask yourself.
Let's say they get the bailout tomorrow.
Let's say, and by the way, it it's going back and forth between 25 and 50.
They already got 25 billion to retool and modernize plants and that sort of thing.
So we're talking about an additional 25 to 50 billion on top of that.
Tell me how the U.S. auto industry is fixed, quote unquote, transformed.
Whatever's wrong with it, how is that get fixed with the infusion of $50 billion or $25 billion in the next six months, year, what?
I mean, if if you're going to throw money at this, there has to be something you get in return.
And don't tell me, well, if they come back to profit the American taxpayers will benefit.
That's the biggest scam in this whole mess.
The government may prosper.
It doesn't mean we are.
Our taxes aren't going to get cut if General Motors repays these loans.
Our taxes didn't get cut when Chrysler paid its loans back.
And that's the only way it pays off for the taxpayers.
Don't tell me that the taxpayers benefit because the government gets so much money.
They can start a new social program that's going to put us in the b and the red somewhere down the line.
I just I that that's just another one of these insulting to your intelligence kind of statements.
But I also tell you this.
It isn't enough that the General Motors executives and the Ford execs and the Chrysler execs will agree to limit pay for executives.
That isn't going to make cars any different.
They're going to limit golden parachutes.
They're going to do all these things that the class envy crowd cares about fine and dandy.
It isn't going to make the cars that they produce any better.
So it's just more class envy stuff.
So you get all these, and these execs are right now that the wits end, they'll they're they're saying they'll agree to all these new restrictions on how much they can make.
Golden parachutes, this sort of thing.
Yeah, yeah, yeah.
Yeah, but does their life change any?
Arguably it probably gets worse the more taxes the rich people pay in this country, depending, of course, on how you uh how you define rich, right?
Brief, brief time out, my friends will come back and continue right after this on the EIB network.
I mentioned mere moments ago, ladies and gentlemen, that uh President select Obama met with Senator McCain and said that they were gonna work together.
That scares me.
It it just it just scares it.
We now have, ladies and gentlemen, the actual audio of Senator Obama this afternoon making this not really announcement, it's a sort of a casual comment.
Gonna have a good conversation about how uh we can do some work together to touch the topic.
So they're gonna uh we had a good conversation about how to do some work together to bleep up the country.
Here it is again, uh ladies and gentlemen, exclusively here on the EIB network.
Gonna have a good conversation about how uh we can do some work together to touch the topic.
Mike in Atlanta, you're next on the EIB network.
Hello, sir.
Nice to have you with us.
How are you doing?
Just fine.
Listen, I'm a uh General Motors retiree union worker, and uh first of all, let me say that uh I don't agree with uh UAW's politics.
I've uh voted Republican ever since Reagan, so I don't I don't agree with their politics, but I am a UAW uh retiree, so I'd like to give just a little bit of perspective of this uh what's called the uh I guess union bailout.
Uh can I let me ask you a couple questions.
How old are you now, if you don't mind my asking, if you don't have to answer if you don't want to?
Uh I'll be fifty-seven my next birthday.
You'd be fifty-seven your next birthday.
And how long have you been retired?
Uh about two and a half years.
Okay, so you could retire at 55.
Yeah, I retire at 55, right?
Okay, all right.
So you've 55 you basically retired two years ago.
And and uh go ahead now, make your your um uh enlighten us, your perspective.
Okay.
Uh in 2006, uh the union took uh a lot of concessions.
I don't know if people are aware of it.
I never hear anybody talking about it.
As of 2006, General Motors stopped the pension plan, so anybody coming in after 2006 uh won't get a pension.
Uh they severely cut the uh starting pay, uh I think down to about $15 an hour, something like that.
So when you hire them with General Motors, you don't hire in at you know uh this big salary by fensive bank that you do.
I've heard people talk people talk about uh you make 40 bucks an hour for turning a rancher on a send a lot stuff like that, but that's that's just not the case.
That's not the way it is.
When I retired back in uh 2005, I think it was about 25 dollars an hour, I retired at.
So, but you know, right now when I hear them talking about, you know, cutting the pension.
Okay, let me I'm gonna take a break here.
But I'm glad you uh I'm Mike, I'm glad that you're offering this perspective.
Uh I wanna I want to ask you to give you some time to think about it here during the break.
Why do you think that is?
Why do you think that starting out now uh pays much less than it used to uh with uh with General Motors?
We'll be back after this, don't go away.
Murray Head.
One night and bang cuck.
Now we go back to Mike in Atlanta, retired United Auto Workers member.
He's been retired for two years, he's fifty-seven.
And you just said that uh uh by the way, little little uh uh disclosure is you know, General Motors is a sponsor of the EIB network, and I happen to think we're we drive a number of their vehicles around, and we happen to think they're pretty cool.
We happen to like them.
Well, I'm glad to hear that.
Uh I wish more Americans still felt that way.
Well, I think they're good.
I uh and when when we started, by the way, I was surprised.
I was I was I was among the group uh of people that uh that thought they'd been passed by style and uh and design and so forth.
Um that these cars that we get, they have some of them have features in it uh in them that are that are useful, things that genuinely helpful features that cars that cost twice as much do not have.
Right.
Well, I could say I've I've been at General Motors even before I went to work for them.
I've always bought General Motors products.
I mean, every General Motors.
Well, of course you get the employee discount.
Uh yeah, I did.
It's not that much, though.
But uh every general motor car I've ever bought, I've got at least two hundred thousand miles out of it.
I've got a S10 now that I got almost three hundred thousand miles out of it.
So they do make good products.
So there's no question.
But I just I we're gonna be discussing General Motors, and you're gonna be critical of them, and I just wanted people to know that you know, remind them as uh uh the full disclosure that they are they are a sponsor here.
Uh but I want to I want you to tell me why you think entry hourly wages are much less than they used to be today at General Motors after all these union contracts.
How the hell did this happen?
Uh well the reason that they're not paying as much is because they're not making making the money like it.
Well, like I said, people have just uh for some reason uh stopped, you know, lost confidence in General Motors for some reason and just stopped buying the buying our cars, but uh, if they're not making the money, they just can't pay the wage.
That's that's just the way I see that.
So uh Well now wait is but I maybe I misunderstood, but I thought you were being critical when you made the statement that General Motors no longer pays what it did, but you say they they can't pay the wage for whatever reason.
Uh well no, they c I'm saying in 2006, because things were you know getting tough when the UAW and General Motors negotiated the contract, UAW uh agreed to take concessions, and you know, one of the things they agreed to do was hire people in at a lot less, and you know, like I say, there's there is no more pensions.
If you come to General Motors after 2006, you don't get a pension.
Uh that's a totally done away with and a lot of people.
But let me tell you something though about that.
I've never had a job where I had a pension.
I've I've never had a job.
Now I now I'm a member of AFTA, uh, and but I don't even use the health care that comes along with it.
I don't want to mess with it.
I'm I'm sure there's some sort of a pension there, but but I mean I uh uh other than a union, I've I've a union job, I've I've never had a job where somebody promised me.
Like I worked for the Kansas City Royals for five years.
Right.
And the most I made was $17,000 a year.
And I...
There was no talk of a pension.
That they probably know that that was all strange to me.
No, General Motors, that that is part of they agreed when 30 years ago when I went to work with General Motors and they had like 50% of the job market and all of things were you know going along real fine, you know, that that was one of the things that you really counted on that when you work for a company, you put 30 years in with them, they they guaranteed you a pension.
But but let me say that, you know, the pinches aren't that much.
I mean, people seem to think that if you think that we're making these huge pensions, no, they're not.
But that's the social security's not that much on a monthly basis per individual, but by the time you add up how much each individual gets times the n the the tens of millions that are receiving social security, it costs a lot of people a lot of money to pay it.
And it's the same thing with any entity as large as General Motors that has that.
Let me ask you this before We go.
Let's I'm gonna put you in management now.
You're no longer on the line.
You're in management, and you're making General Motors cars.
And one of the business realities that you face is that you have to add in $2,600 per car on average that you make to the sale price to cover the pensions and the health care and the sick days and the holiday pay and the line relief and all that.
And your your competitor, Toyota or anybody else, only has to pay $200 per car for health care.
What would you do?
Well, I mean, I I understand what you're trying to say.
I understand that point, but you know, General Motors.
No, no, no, no, no.
I'm not trying to say anything.
I'm genuinely asking you, I'm putting if you can do it, if you can if you can if you can put your management cap on.
I'm not asking to be sympathetic.
I'm not asking to be sympathetic with them.
I'm not, I'm not doing anything.
I really want to know what you would do.
And it may not be fair, I don't know how much management experience that you have, and I don't I don't know what your overall impression of management in any business is.
I know that most employees suspect management of not being honest and forthcoming about costs and this sort of thing.
So I don't know what biases you have, but if you can do it, if you were running let's let's take out a car business, and let's say that you you you uh you're in the pizza business, and your pizzas cost let's say seven dollars more than the guy down the street from you because your pizza has to cover his pension welfare, all these things, and the competitors doesn't.
What would you do?
Uh you know, I I really can't say what I do there.
Uh all I know is like I was trying to say, just trying to get the perspective from a person that, you know, is basically on a pension now.
I did have to go back to work to have to supplement my pension because it's not that much.
And you know, when I hear things like, you know, well, that just you know, cut out General Motors' pinch and stuff like that.
There's a lot of people like Martha, probably now that are hearing this, that's are saying, well, yeah, you know, what am I supposed to do if they just cut up my pension, you know, and I've worked at General Motors for 30 years, and all of a sudden they're going to just do away with my pension.
Well, am I, you know, where am I well am I supposed to go back to work when I'm 60, 70 years old?
So it just really puts up.
No bad.
No.
But since you asked, I don't you're a nice guy, and I'm sure that you are a salt of the earth guy, but since you asked, what am I supposed to do?
Go back to work and I'm 67.
No, you're not supposed to retire when you're 55.
You sound to me like you are totally capable of still working.
Unless you work for a place that forces you out and says 55, you can no longer do the job.
You got no business retiring at 55 if you can't afford to retire.
What's wrong, Snurley?
My boss is having a conniption in there.
What's wrong?
What is wrong?
Is that an impolitic thing to say?
Uh just I have not re the American dre I have not redefined the American Dream.
The American dream retire at 65.
Where people are retiring now at 50 and 55 and so forth when they're still capable of working.
Okay, so you retire at 50 or 55 and you've got, according to the tables, you've got twenty at 55, you've got 22 years left.
Now who's gonna you there is a thing called the cost of living.
And if your pension does not pay you what you're going to need to live in the style to which you become accustomed for 27 more years or 22 more years, then you're gonna have to supplant it some to supplement it somehow.
I have not redefined the American dream.
I have not redefined it.
And by the well, is it does anybody really I don't even want to go there?
Social Security is what it is, it's what it's not, and it's more not than it is.
But most people cannot live with nothing else other than social security in the style to which they were accustomed when they retire.
Now I look there there are caveats here.
Of course, you might work in a job where the boss forces you out at 55.
They made Cronkite retire at 65, and he theoretically could have anchored that for 20 more years, and we would have been spared Dan Rather.
The only reason Rather got the gig was CBS had this antiquated retirement age policy of 65.
I don't have it anymore because Rather's in his 70s now, and the uh they did they did away with it.
But the answers keep working.
You know, there's no crime in that.
Especially if you need the money.
If you need the money, you keep working.
If you have a j don't quit.
I don't want I don't understand what I said that's wrong here.
I just don't you.
Hell Rush Ball back, serving humanity as always, simply by showing up.
Uh ladies and gentlemen, I need to uh address something here.
I meant to do this at the beginning of the program, and I was so excited to get back and had so many things to talk about that I it slipped my mind until just now.
Last Thursday, uh, I was out on a golf course with the reprobate golf buddies.
And I get this panicked email from the IT people for the website that apparently has been a maybe it was Friday, was a crash.
When was it?
So sometimes later the whole site just crashed.
And even though I was taking the day off, they thought that I should know about it since it's rushlinball.com.
So I fired back to know what the hell happened.
How does the whole website crash?
Well, it turned out it was human error.
As crazy as it sounds, the whole website was accidentally deleted in our system, which is going to change.
In our system, there is a single keystroke that can wipe out the entire website.
And it did the free side.
It wiped out the free side, it wiped out the essentials essential stack of stuff.
It was just gone.
In an attempt to update the site overnight the night before, it was just gone.
Fortunately, we had it backed up.
And we had the latest edition of it backed up.
I got I when I got home and I had some chance, I had some time, I checked emails, and there were hundreds of thousands of emails from people who didn't know what had happened.
But they could not log on.
And some of them logged on and got a got a site that was two years old.
I mean, it was all screwed up.
But we we have it backed up every day.
It took us a while to restore it because we didn't know what happened at first.
They didn't know that it was a deletion.
Thought it might be a server problem.
So once the problem was diagnosed, the backup happened pretty quick.
We're still working on getting some of the essential stack of stuff back.
That is a huge five.
That essential stack of stuff is what makes Rush Limbaugh.com an encyclopedium.
That's, I mean, that's got you you that's worth more than two years at college.
I'm especially with what's being taught in colleges, it's worth more than four years in high school.
But it just again shows you it happened to us.
It just shows you the importance of backing things up.
Do you realize if we had not been able to restore this?
We would have had to start from square one and rebuild the whole thing.
And this can happen to you at home.
If you don't have your hard drive backed up on your little PC, this thing, and you know, as important as my website is to me and all of us, and the work it would be.
Imagine if every piece of vital information or very important family information, photos, what have you, was on your hard drive and it got zapped.
You accidentally deleted it all, or a hard drive blows up.
Do not let it happen to you.
You don't want to go through what we went through for it was about 36 hours to get this up and running.
Why are you first hearing about it now?
Were you here because you weren't boss last week when it happened, snurly.
He's once in a while, he's only hearing about this now.
He's boss for the day.
You were boss today.
We got it fixed without you being boss.
We had it fixed when I was boss.
Most bosses don't hear anything until it's too late anyway, so don't sweat it.
I didn't hear about it until after they finally figured out they had no choice but then to tell me.
You know, that's the way this stuff was.
But we were panicking.
Don't let it happen.
This is a little plug here for Carbonite.com.
It really will save so much aggravation.
Carbonite.com.
Just go to the website, log in Carbonite.com, check the you know, offer code rush, and it'll explain all this to you.
You do not want to lose whatever is on your hard drive.
It's just as important to you as anything that any business has on its computers.
This is Mary Ellen in uh Indicate, New York.
Nice to have you on the EIB network.
Hello.
Oh my God, Rush, I can't believe I'm talking to you.
Well.
I know it's exciting, and I'm I'm thrilled that you're here.
Hey, how was your golf game?
How'd you hit them?
Oh.
You know, the first day, this is what happened.
I hadn't played in many, many moons because I have been devoting my full energies to saving the country during the campaign.
So the first day, this only when you haven't played in a while and you go out and play.
I shot uh I shot an 82.
Wow, that's good.
It was, and I'm and the guy I'm with, you know, we had a little uh our little side bet uh in addition to the three foursoms that we had.
Right.
And uh I'm taking into the cleaners.
And I said, Don't worry about it, pal.
I'll I'm gonna be horrible tomorrow.
This what happens is play well the first day after a long layoff, next day worse, next day worse.
And it's what happened.
I got some blisters that I had to cover up with Tiger Woods white duct tape, and I had to wear a glove on my right hand, and that kind of got in my way on Friday and Saturday, so they're coming back yesterday.
Oh, you got a tight grip.
Another 82.
So uh good.
Yeah.
I'm choosing like 86.
Good for you.
What teams?
What Ts.
Oh, Reds, but I play in a real professional course.
Yeah, uh-huh.
And it's really hard, and I have to tell you I've had more men quit because I'm beating them.
Oh man.
You were being never quit.
Well, I don't.
I've had many of them stop playing with me.
Just pack it up.
Oh, that's not that's that's not where they're stopping.
I mean, you got some chauvinists out there, but that's not where to stop.
Anyway, we're running out of time here, Mary Ellen.
What was it that you wanted to know?
Well, I just wonder how many cars do they expect us to buy.
They put out a lot of cars.
Oh, you think we're making too many cars, we're glutting the market with new cars.
I think so.
I mean, I bought a I bought a Dodge Intrepid at 53,000 miles on it, and the training went.
Well, I gave it to the guy that was gonna fix it.
She said she she bought a General Motors uh.
No, she didn't say Dodge.
I heard her say General Motors.
She bought a General Motors and uh and oh no, no, no, no.
You it was a Dodge, a transmission went out of 533.
Oh, yeah, what yeah.
Of course it was a Dodge.
Yeah.
Of course it was a Dodge.
So my theory is that the Rs that really don't last.
It costs us a few.
Now that used to be the case.
That used to be they'd make a car that would expire as soon as you'd paid it off.
Yes.
But that that that they no, they last longer than that now.
They really, really have improved.
But I know exactly exactly what you're talking about.
It's a cycle.
You know, new cars, you can go buy some lots today and you'll find a you'll find a lot of full lots uh used car lots uh as well.
But um they make they make them to market demand.
They they do.
And it's it's a fascinating, it's it's a complicated business, very obviously.
Mary Ellen, I have to run.
I'm sadly out of busy broadcast moments, so we will continue here and wrap it up after this.
Eagles quarterback Donovan McNabb says he did not know that um football games in the NFL could end in a tie.
The media has got to start telling this guy more stuff.
See you uh tomorrow, folks.
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