Row 98505

Row ID: 98505 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 98505 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Bailout in the technical sense = no. But having the government literally extend a line of credit at no cost (aka the government put) + cash for clunkers to pump sales accomplished the same result.

"In a Jan. 30, 2009, [report](http://fpc.state.gov/documents/organization/120596.pdf) on the bailout program, the Congressional Research Service noted that Ford “is counting on $5 billion from the DOE loan program to support a $14 billion plan to reorient its lineup toward more fuel-efficient vehicles.” On June 23, 2009, the Department of Energy [announced](http://www.doe.gov/articles/obama-administration-awards-first-three-auto-loans-advanced-technologies-ford-motor-company) it would provide $5.9 billion to Ford “to transform factories across Illinois, Kentucky, Michigan, Missouri, and Ohio to produce 13 more fuel efficient models.”

In a [business plan ](http://media.ford.com/images/10031/Ford_Motor_Company_Business_Plan.pdf)submitted to Congress in December 2008, Ford touted its $14 billion plan for fuel-efficient cars as a key part of its effort to turn the company around — noting that a big piece of the funding was coming from the DOE. The company’s business plan also urged Congress to pass legislation to provide “incentives for consumers to trade in older vehicles and move to more fuel-efficient vehicles.” About six months later — on June 24, 2009 — President Obama signed the [Consumer Assistance to Recycle and Save Act](http://www.cars.gov/files/official-information/CARS-Report-to-Congress.pdf) that became known as the cash-for-clunkers program. A Department of Transportation [report](http://www.cars.gov/files/official-information/CARS-Report-to-Congress.pdf) (table 10) said more than 90,000 Fords were purchased under the cash-for-clunkers program — second only to Toyota — as of December 2009."

Field	Value
text	Bailout in the technical sense = no. But having the government literally extend a line of credit at no cost (aka the government put) + cash for clunkers to pump sales accomplished the same result. "In a Jan. 30, 2009, [report](http://fpc.state.gov/documents/organization/120596.pdf) on the bailout program, the Congressional Research Service noted that Ford “is counting on $5 billion from the DOE loan program to support a $14 billion plan to reorient its lineup toward more fuel-efficient vehicles…
label	r/wallstreetbets
dataType	comment
communityName	r/wallstreetbets
datetime	2024-05-25
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Raw Record

{
  "text": "Bailout in the technical sense = no. But having the government literally extend a line of credit at no cost (aka the government put) + cash for clunkers to pump sales accomplished the same result.\n\n\"In a Jan. 30, 2009, [report](http://fpc.state.gov/documents/organization/120596.pdf) on the bailout program, the Congressional Research Service noted that Ford “is counting on $5 billion from the DOE loan program to support a $14 billion plan to reorient its lineup toward more fuel-efficient vehicles.” On June 23, 2009, the Department of Energy [announced](http://www.doe.gov/articles/obama-administration-awards-first-three-auto-loans-advanced-technologies-ford-motor-company) it would provide $5.9 billion to Ford “to transform factories across Illinois, Kentucky, Michigan, Missouri, and Ohio to produce 13 more fuel efficient models.”\n\nIn a [business plan ](http://media.ford.com/images/10031/Ford_Motor_Company_Business_Plan.pdf)submitted to Congress in December 2008, Ford touted its $14 billion plan for fuel-efficient cars as a key part of its effort to turn the company around — noting that a big piece of the funding was coming from the DOE. The company’s business plan also urged Congress to pass legislation to provide “incentives for consumers to trade in older vehicles and move to more fuel-efficient vehicles.” About six months later — on June 24, 2009 — President Obama signed the [Consumer Assistance to Recycle and Save Act](http://www.cars.gov/files/official-information/CARS-Report-to-Congress.pdf) that became known as the cash-for-clunkers program. A Department of Transportation [report](http://www.cars.gov/files/official-information/CARS-Report-to-Congress.pdf) (table 10) said more than 90,000 Fords were purchased under the cash-for-clunkers program — second only to Toyota — as of December 2009.\"",
  "label": "r/wallstreetbets",
  "dataType": "comment",
  "communityName": "r/wallstreetbets",
  "datetime": "2024-05-25",
  "username_encoded": "Z0FBQUFBQm5Lak13VUhkaGJDLVY3cWRsQXkxcFdCT0FxdkxyQWdEUFF0SXpZcjNsMUEycFdTSDVaallMZkpqUTROZEtWQUxUcFlqbWR3blAtUjhuWkZ0SHlIRFZzenBVX2c9PQ==",
  "url_encoded": "Z0FBQUFBQm5LalBDWllZbG9OWEdtWGlfMnBWcTdtU0hxZ0VnYUVqSjFNWG92bERTcU45bzVTdll1RU1obkpTWVg5eGIwMFNmUGJWZG5ZMmdQNGZST0lBMXFiNmNvcUNzMUFibzRIS3dRdmVwNzQ4bEdiYXFDeVM1VERNRDNvdnYyMXB5VDJrcFNkVTFVeUI0NVJoRnc1YW9sVU92LUZCNU9NU1dTWlZmU2wxV1FBdFVFVjRUamhqbm1iVHBIYUIwUGVzRFV1akMxMXpfWE9CVGpuekNkV0N3X0cyX0NvWVNlUT09"
}

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Entry Information

Entry ID: 98505
Repository: Axioma AXP
Dataset: arrmlet/reddit_dataset_36
Total Entries: 100,000