Yeah...I remember when Harley almost went Tango-Uniform and the US Government had to step in back during the Regan years.
"In the early eighties, Harley-Davidson claimed that Japanese manufacturers were importing motorcycles into the US in such volume as to harm or threaten to harm domestic producers. After an investigation by the US International Trade Commission, President Reagan imposed in 1983 a 45% tariff on imported bikes and bikes over 700 cc engine capacity. Harley-Davidson subsequently rejected offers of assistance from Japanese motorcycle makers. However, the company did offer to drop the request for the tariff in exchange for loan guarantees from the Japanese"
...and apparently again more recently, but they had company:
"Recently divulged information reveals that the Federal Reserve secretly loaned trillions of dollars to major corporations between 2008 and 2009, and that Harley-Davidson received a total of $2.3 billion to help cover operating expenses during the economic crisis.
Harley wasn’t alone. The Fed’s Commercial Paper Funding Facility also disbursed $26.8 billion to Ford, Toyota, and BMW. Large corporations including General Electric, McDonald’s, and Verizon also received assistance, as well as financial institutions like Citigroup, Barclays, and Goldman Sachs. The total amount loaned? $3.3 trillion."
No reason Indian shouldn't give it a go....we'll pick up the slack if necessary. Nothing US tax dollars haven't done before. And so it goes............
"In the early eighties, Harley-Davidson claimed that Japanese manufacturers were importing motorcycles into the US in such volume as to harm or threaten to harm domestic producers. After an investigation by the US International Trade Commission, President Reagan imposed in 1983 a 45% tariff on imported bikes and bikes over 700 cc engine capacity. Harley-Davidson subsequently rejected offers of assistance from Japanese motorcycle makers. However, the company did offer to drop the request for the tariff in exchange for loan guarantees from the Japanese"
...and apparently again more recently, but they had company:
"Recently divulged information reveals that the Federal Reserve secretly loaned trillions of dollars to major corporations between 2008 and 2009, and that Harley-Davidson received a total of $2.3 billion to help cover operating expenses during the economic crisis.
Harley wasn’t alone. The Fed’s Commercial Paper Funding Facility also disbursed $26.8 billion to Ford, Toyota, and BMW. Large corporations including General Electric, McDonald’s, and Verizon also received assistance, as well as financial institutions like Citigroup, Barclays, and Goldman Sachs. The total amount loaned? $3.3 trillion."
No reason Indian shouldn't give it a go....we'll pick up the slack if necessary. Nothing US tax dollars haven't done before. And so it goes............
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