Federal government asks bailed-out Auto industry for help with ventilators, auto industry says F-U

pete6032

Diamond Member
Dec 3, 2010
7,983
3,461
136
I guess the bail out was definitley not a two-way street.

WASHINGTON — The White House had been preparing to reveal on Wednesday a joint venture between General Motors and Ventec Life Systems that would allow for the production of as many as 80,000 desperately needed ventilators to respond to an escalating pandemic when word suddenly came down that the announcement was off.

The decision to cancel the announcement, government officials say, came after the Federal Emergency Management Agency said it needed more time to assess whether the estimated cost was prohibitive. That price tag was more than $1 billion, with several hundred million dollars to be paid upfront to General Motors to retool a car parts plant in Kokomo, Ind., where the ventilators would be made with Ventec’s technology.
 

ch33zw1z

Lifer
Nov 4, 2004
39,288
20,001
146
Weird that out of a 2T bailout bill being pushed through, .05% cost would raise questions....It's just odd what we as a people squabble over sometimes. I've seen this at a local and state level sometimes as well.
 
Reactions: lamedude and Pohemi

pauldun170

Diamond Member
Sep 26, 2011
9,279
5,336
136
Why does the title say "auto industry says F-U"

How much should retooling a factory cost?
 

sandorski

No Lifer
Oct 10, 1999
70,670
6,246
126
lol, Pocket Change after the bailout bill. Plenty of slush in that Bill to cover it even.
 

pauldun170

Diamond Member
Sep 26, 2011
9,279
5,336
136
don't get distracted by posters who belong on ignore lists
Has anyone actually read the source article?

Sounds like the issue is on the White House side.
Someone wanted the PR points from a press release but got shot down when someone else decided that the deal needed to be re-evaluated.

The way the article reads is that the person who wanted to announce the deal jumped the gun before letting grownsups dot the i's and cross the t's.
 
Reactions: hal2kilo

pete6032

Diamond Member
Dec 3, 2010
7,983
3,461
136
Now everything is back on.


WASHINGTON — President Trump lashed out at General Motors on Friday, blaming it for overpromising on its ability to make new ventilators for critically ill coronavirus patients and threatening to invoke the Defense Production Act to compel the company to do so.

In a series of tweets, the president emphasized the urgent need for the ventilators, an abrupt change of tone from the night before, when he told Sean Hannity, the Fox News host, that states were inflating their needs.

Mr. Trump appeared to be reacting to reports that the White House had dragged its feet in awarding contracts to G.M. and Ventec Life Systems, to start new production lines in a converted G.M. plant in Kokomo, Ind.

With the Federal Emergency Management Agency still evaluating a $1.5 billion proposal from those companies, Mr. Trump declared that General Motors “MUST immediately open their stupidly abandoned Lordstown plant in Ohio, or some other plant, and START MAKING VENTILATORS, NOW!!!!!!”

He added, “FORD, GET GOING ON ventilators, FAST!!!!!!”

Within an hour, General Motors and Ventec announced that they would begin producing ventilators at the Kokomo plant, and that the machines would be “scheduled to ship as soon as next month.”
 

trenchfoot

Lifer
Aug 5, 2000
15,540
8,069
136
Oh, please. This is the Trump admin being idiots & blaming anybody not them. I mean, wtf do you think, that Dems would fault them for paying too much? Fuck, no. Just do it. The last thing we need now is more posturing & dithering bullshit.


It's the fiscal conservatism the Repubs were once infamously known for that's reared its ugly head again. Their motto: "Never let an exploding disaster go by without first taking all the time you need toward proving how fiscally conservative you are".
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,684
136
It's the fiscal conservatism the Repubs were once infamously known for that's reared its ugly head again. Their motto: "Never let an exploding disaster go by without first taking all the time you need toward proving how fiscally conservative you are".

They won't cross Trump, either. He can take decisive action here with complete impunity. They already showed that they'll cover his ass no matter what.
 
Reactions: trenchfoot

hal2kilo

Lifer
Feb 24, 2009
25,541
11,925
136
Our fearless leader stuck his finger in the air, felt the hot breeze on the back of his neck, and has now ordered GM to make ventilators per the DPA.
Leadership, find it!
 

EduCat

Senior member
Feb 28, 2012
414
109
116
Could you imagine just sitting there in bed on your GM produced ventilator when the ole check engine light comes on??
 

interchange

Diamond Member
Oct 10, 1999
8,025
2,876
136
Just adding here. A big part of the issue is having people available competent to operate the ventilators. Getting the right settings is difficult, and COVID-19 ARDS is really bad requiring really high continuous pressure to keep the lungs inflated and really gentle breaths on top of that. This is far from a matter of having the ventilators themselves.
 
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