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Thread: GM goes bankrupt and gets nationalised

  1. #101
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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Redress View Post
    I am not seeing where the government is actually going to manage GM. You have a source for that?
    it is already leveraging its aid with salary limits, penalties for pre-payment of TARP funds, and based upon that is what politicians want, more power/control

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    Quote Originally Posted by jallman View Post
    How the hell did you just tie in a retroactive reparative measure with a proactive preventative measure. Not even close to being the same thing.

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Redress View Post
    I am not seeing where the government is actually going to manage GM. You have a source for that?
    You have Obama assuring the mayor of Detroit that GM headquarters will not move to Warren. How can he make this assurance if his administration does not intend to leverage its 60% ownership stake? Watch what they DO, not what they SAY.

    (Aside from the assurances that warranties will be honored, etc.)
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: GM goes bankrupt and gets nationalised

    A couple solid examples, thank you.

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Redress View Post
    I am not seeing where the government is actually going to manage GM. You have a source for that?
    They have 60% ownership right now. They have been mettling with GM for months now. They have not broken up anything for the unions that matters.
    Let's figure it out.

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by DeeJayH View Post
    except

    apparently the Consumers have decided that they are being paid too much
    because the companies have FAILED and a major component of that failure is the UAWs extortion for ridiculous wages and benefits
    $3000/wk for a labor job????
    $163k/ yr for a labor job????

    **** em, let em go under and see how the cost of labor goes down
    8 out of the 10 cars i have owned were american made, including my present 300C. But enough is enough
    And you, like so many people who lack critical thinking can't tell the difference between COST OF EMPLOYMENT BENEFITS and WAGES.

    The long ago debunked number of $78/per hour includes retirees benefits in an aggregated number. The workers don't get a paycheck for $78/hr.

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Baralis View Post
    You will find the states that are highly unionized have a lower productivity then non unionized states. You will also find that those state lose jobs to other states/countries at faster rate.

    How again is it good for the economy?
    We will find this? How about you back up that claim with a link to some facts.

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Slippery Slope View Post
    And you, like so many people who lack critical thinking can't tell the difference between COST OF EMPLOYMENT BENEFITS and WAGES.

    The long ago debunked number of $78/per hour includes retirees benefits in an aggregated number. The workers don't get a paycheck for $78/hr.
    It's still contractually-mandated obligation of the company.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Slippery Slope View Post
    And you, like so many people who lack critical thinking can't tell the difference between COST OF EMPLOYMENT BENEFITS and WAGES.

    The long ago debunked number of $78/per hour includes retirees benefits in an aggregated number. The workers don't get a paycheck for $78/hr.
    you are an obama supporter, who lacks critical thinking skills?


    I still love that my racist spell check does not have the correct spelling of Dear Leader

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    Quote Originally Posted by jallman View Post
    How the hell did you just tie in a retroactive reparative measure with a proactive preventative measure. Not even close to being the same thing.

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Redress View Post
    Interestingly enough, I work for a nonunion tier 1 auto parts supplier, and we don't want a union because we make enough, and when we have a problem with management, we just work it out, and it mostly works.
    You sound very conservative when you make these kinds of statements which completely lack empathy. What if you weren't making enough? What if management didn't work it out? What then? Strike? Union? That's how it works pal.

    We have all been to UAW plants to do part sorts, and don't care for the attitude of the people there, both towards us and their jobs. If I was ever as lazy as some of these workers, I would deserve to be fired.
    Ah... so it's just your opinion. I have been to a couple of the GM plants outside of Dearborn and have a very different opinion. I didn't see anything but hard workers.

    Anecdotal evidence from my time in the auto industry.
    Seems like that's all you have, anecdotal evidence.

    Of course it is. They have made better business decisions, absolutely. Lower costs is a better business decision.
    Thank you for finally agreeing. They put their plants in the south and pay less (stupid southerners) for the same work while having healthcare subsidized by their government.

    Again, I work for a tier 1 supplier. We supply GM, Chrysler and Toyota. I get paid the same no matter which I am making parts for that say.
    I don't know what you are responding to but it wasn't anything I said.

    you said:
    The fact that some of those same foreign auto makers supply many jobs to the US is worth noting as well.
    And I replied:
    Thanks for that capt. obvious. You left out the part about - at a lower employment cost.

  10. #110
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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Slippery Slope View Post
    And you, like so many people who lack critical thinking can't tell the difference between COST OF EMPLOYMENT BENEFITS and WAGES.

    The long ago debunked number of $78/per hour includes retirees benefits in an aggregated number. The workers don't get a paycheck for $78/hr.
    It's the same thing.
    Let's figure it out.

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