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Thread: Emergency manager: Detroit won't pay $2.5B it owes

  1. #61
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    Re: Emergency manager: Detroit won't pay $2.5B it owes

    Quote Originally Posted by ocean515 View Post
    I can't completely agree with that Maggie.

    When the UAW closed production plants to strike for what they wanted, it's a bit tough to blame only the people who gave in to their demands.

    Strikes and threats of strikes caused management at the big three to conceed to many demands that later devastated the domestic industry.

    In 1998, the UAW strike against GM lasted 54 days.

    10 things to know about historic 1998 UAW strike against General Motors in Flint (with photo gallery from strike) | MLive.com

    •During the 1998 strike, 3,400 workers at Flint Metal Center walked off the job to join the picket line on June 5. Less than a week later, 5,800 workers from Flint East joined them, bringing the total number of striking workers to 9,200.
    •The 54-day strike by the United Auto Workers union against General Motors was the longest GM strike since 1970, when work stopped for 67 days (Sept. 14-Nov. 23).
    At some point, it amounts to being blackmailed. And, as with all blackmail, there comes a time when you draw a line in the sand. BUT. When CEO bonuses are tied to stock performance, are the moguls looking out for the company? Or themselves.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Emergency manager: Detroit won't pay $2.5B it owes

    Quote Originally Posted by MaggieD View Post
    At some point, it amounts to being blackmailed. And, as with all blackmail, there comes a time when you draw a line in the sand. BUT. When CEO bonuses are tied to stock performance, are the moguls looking out for the company? Or themselves.
    And when politicians staying in office is tied to a happy union membership ........... we see what happens !

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    Re: Emergency manager: Detroit won't pay $2.5B it owes

    Quote Originally Posted by Gimmesometruth View Post
    False premise, the unions did not "bring down" the US auto industry, they make less than auto workers in Germany and less than US workers in foreign owned US auto plants.

    I'm sorry...how do you spell her name? Dumb...indeed.
    A workers salary is irrelevant when when it comes to a global industry. Supply and demand, economic models, cost of living etc all play a factor when making salary comparisons.

    In the United States unions have done absolutely nothing but destroy business in general. Unions don't adhere do economic laws - no they operate on their own delusional plane...

    Hell, you may as well try to compare a BMW to a Ford Taurus next...

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    Re: Emergency manager: Detroit won't pay $2.5B it owes

    Quote Originally Posted by MaggieD View Post
    At some point, it amounts to being blackmailed. And, as with all blackmail, there comes a time when you draw a line in the sand. BUT. When CEO bonuses are tied to stock performance, are the moguls looking out for the company? Or themselves.
    A CEO (or any leader for that matter) is only as good as their product....

    How can anyone blame a CEO because they're stuck with union employees who make absolutely nothing but overpriced junk that no one wants?

    How do you fix the problem when the problem is with the labor - the same people you cant kick to the curb?

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    Re: Emergency manager: Detroit won't pay $2.5B it owes

    I though Obama save the auto industry. And why are the suburbs doing fine?

    Quote Originally Posted by Gimmesometruth View Post
    Yes yes...the city fathers are responsible for the decline of the US auto industry.

    Scapegoating rather than understanding we have no industrial policy is the way of low intelligence conservatives.

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    Re: Emergency manager: Detroit won't pay $2.5B it owes

    Hey. Liberal dogma is to stick as many folks as possible on the gubmit teat. That includes the unions, such as UAW, where gubmit enables them to leech off anything they can with over-priced inferior product, so that they will keep with the huge political contributions. Then real competition ripped the UAW a new asshole. And so we bailed them out, and didn't even get a poorly made car for our money !

    Works for awhile. Then, as we see with Detroit, they finally ran out of other people's money. Now we have a city full of parasites, and everything has been sucked dry.

    Thanks liberals. What big city is next ? Or are we gonna send an entire state over the cliff ?
    Last edited by Eighty Deuce; 06-14-13 at 09:24 PM.

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    Re: Emergency manager: Detroit won't pay $2.5B it owes

    Quote Originally Posted by JC Callender View Post
    I though (sic) Obama save (sic) the auto industry.
    Wow, you live in Detroit....and you don't know what the President did?


    And why are the suburbs doing fine?
    Even Grosse Pointe is losing population.

    FFS man, you should be the one telling us how it is.
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    Re: Emergency manager: Detroit won't pay $2.5B it owes

    Yeah, Grosse Point's hurting.

    Quote Originally Posted by Gimmesometruth View Post
    Wow, you live in Detroit....and you don't know what the President did?


    Even Grosse Pointe is losing population.

    FFS man, you should be the one telling us how it is.

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    Re: Emergency manager: Detroit won't pay $2.5B it owes

    Quote Originally Posted by Gimmesometruth View Post
    LOL...a $12K car cost...in the mid 70's? And I need to "be more informed"?

    FFS!

    Again, the unions did not cause the market share losses, the crap designs did. The domestic builders had euro and south american designs in hand, already developed (that is how the Chevette came to be), it was the corporate hubris that stopped innovation in Detroit...not the unions.
    The pricing I quoted was relative to the market at the time of GM's bankruptcy, not the '70's. Please try to refute the point.

    In 1975, Congress enacted the first C.A.F.E. standards. Why don't you research that history, and how the UAW fought to keep Ford and GM from importing small cars manufactured outside the U.S.. Also look into how the DOT and the NHTSA refused to accept crash testing done outside the country before they would certify imported cars for sale in the U.S.

    The designs were junk. No argument there. But it's very clear you are unfamiliar with the facts as they stood in the '70's and beyond, and the role the UAW played in damaging the US auto industry, allong with the resulting loss of market share that followed.

    FFS, get informed.

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    Re: Emergency manager: Detroit won't pay $2.5B it owes

    Quote Originally Posted by MaggieD View Post
    At some point, it amounts to being blackmailed. And, as with all blackmail, there comes a time when you draw a line in the sand. BUT. When CEO bonuses are tied to stock performance, are the moguls looking out for the company? Or themselves.
    CEO pay has gotten out of hand. The Boards are to blame for putting bean counters in place of car people. However, when the UAW resisted quality and productivity improvements, market share was lost to higher quality vehicles developed in Japan and elsewhere.

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