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Now I am Really Worried about Ford

Foose_gt_350I had some Ford bonds but sold them afer reading so many articles that suggested in reality the Ford balance sheet has no value.  As of this monring reading this article by the new CEO of Ford , I am really worred about  the company, but glad I sold anyway.

Alan  Mulally says that we the US shold consider a European gasoline tax. Now understand that gasoline is now $7-8 in Europe. Over half the price is tax to the government.   Would that price  affect your drive to school?

What is he thinking?  The two vehicles that Ford still sells well are the gas guzzling Ford Piclups and the Mustang, never heralded as an economy car, let’s face it.  When asked if he endorsed a gas tax, he said er ah well ahm.

And to think this guy was Number Two at Boeing.

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One response to “Now I am Really Worried about Ford”

  1. Jerry Avatar
    Jerry

    I think it’s a great idea! Might as well start manufacturing cars that run on Starbucks coffee! NOT! The rich certainly get richer, and want to, for that matter! It’s like you said, how do you endorse taxing gas prices to $7-8 when you build guzzling machines?! It’s nonsense! Ford better watch out. Does any other state still buy fords as much as we do here in Texas? Hmm…… something to research.
    Jerry

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