Ford Motor Company posts 2009 profit
"Ford Motor Co. says it made $2.7 billion in 2009, its first annual profit in four years.
Ford says it benefited from cost-cutting, debt reduction and popular cars and trucks like the Ford Fusion sedan and Escape SUV. It's enjoying customer goodwill for avoiding bankruptcy and refusing federal aid.
Ford's net income of 86 cents per share rose from the year before, when it lost a record $14.6 billion.
In the fourth quarter, Ford says it earned $868 million, or 25 cents per share. That is up $6.8 billion from a year earlier. Ford earned money in three of the four quarters last year.
Ford says it expects to be profitable next year as well.
Ford gained market share in North and South America and Europe, despite the economic downturn."
http://www.foxnews.com/story/0,2933,...est=latestnews
So Ford posts a profit, yet Obama's two car companies (GM and Chrysler) are still losing money.
When given the choice between big business and big government, choose big business. Big business never threw millions of people into gas chambers, but big government did.
"It does not take a majority to prevail, but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men" -Samuel Adams