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Thread: GM goes bankrupt and gets nationalised

  1. #171
    Banned Goobieman's Avatar
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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by phattonez View Post
    They'll blame Republicans for blocking any way to send more tax funds to the company. Although, if the government owns it, can you really call it a company since it steals to get some of its revenue?
    What DO you call it when an industry is nationalized by socialists...?

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by winston53660 View Post
    LOL I guess you have never scene our crap strip mall down here.
    What part of my comments do you continue to NOT get? What do your ramblings have to do with my experience in dealing with Unions in the Commercial Construction industry?

    I used an example of building the SAME buildings using identical specifications and standards in TWO very different parts of the country using union and non-union and you keep rambling about crappy housing and crappy strip malls.

    It's obvious you really don't get it do you?

    Quote Originally Posted by winston53660 View Post
    And your personal experience as a machnist really doesn' mean squat. My experience in a union counters yours? YAWN.
    Another compelling argument to say the least; do you even see the level of absurdity you stoop to, to basically say NOTHING except for; "well I don't like you and your wrong. "

    Good lord; continue to carry on with your clown like assertions but they are hardly worth any continued response.

  3. #173
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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Goobieman View Post
    What DO you call it when an industry is nationalized by socialists...?
    I'd call it an uncontested monopoly. Monopolies only arise in the free market when one company does something far better than anyone else and when they offer fair prices. These are contestable monopolies. Government does not need to do this, so any business that it runs is a uncontested monopoly.

  4. #174
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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Truth Detector View Post
    That is a myth. In REALITY, and I speak from personal experience in the construction industry, Union labor merely adds to the cost and length of time it takes to complete a project.

    I have NEVER seen any BETTER quality in the work between the construction I saw in the South and that I which saw in the Northeast.

    The ONLY real difference was the doubling of the cost to build, the doubling of the time it took to build; the intimidation of laborers on the job site by Business Administrators from the Union (in their very expensive suits) and the FACT that these union workers worked specific and LESS hours.

    They came to work at 7:00 a.m. and left exactly at 3:30 p.m. with THREE breaks taking with them the electrical breakers to ensure no one would work illegally after hours.

    In the South, they would work from 7:00 a.m. till it got dark and in some cases, when the schedule demanded it, after dark. They didn't have specific break times and took lunch when the opportunity arose. They made MORE money by getting the work done and moving to the next job.

    Unfortunately, the UNION leadership has been the Unions own worst enemies and have turned the UNION labor into more of an entitlement than a trained efficient work force and actually encourage workers to work at slower pace to ensure work and more labor requirements.

    I worked for the machinists union as a young man and I speaking from personal experience; I was constantly being told I was working TOO fast and increasing the production requirements for my machine for others and this was made CLEAR to me as being no acceptable by the shop steward.

    When I left, I promised to NEVER work in an environment like that again. By the way, this company produced oil valves for the Alaska Pipeline and is out of business now as are many machinist jobs which used to be pre-dominate in this area.
    I worked in a machine shop in the early 90's that was partialy unionized. The union workers not only made $4-5 more an hour then their non union counterparts but they also recieved more frequent and longer breaks.

    I dont understand how anyone would fail to see how this would hurt the company. More money payed to people that work less.
    Last edited by Baralis; 06-03-09 at 02:56 PM.

  5. #175
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    Re: GM goes bankrupt and gets nationalised

    I think I will be selling my Corvette. Having it serviced by the DMV is a rather scary proposition.
    Let evil swiftly befall those who have wrongly condemned us

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Baralis View Post
    I worked in a machine shop in the early 90's that was partialy unionized. The union workers not only made $4-5 more an hour then their non union counterparts but they also recieved more frequent and longer breaks.

    I dont understand how anyone would fail to see how this would hurt the company. More money payed to people that work less.
    Did these Union workers produce more for these higher wages?

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Baralis View Post
    I worked in a machine shop in the early 90's that was partialy unionized. The union workers not only made $4-5 more an hour then their non union counterparts but they also recieved more frequent and longer breaks.

    I dont understand how anyone would fail to see how this would hurt the company. More money payed to people that work less.
    There's another reason to be mad. Because the union workers get paid above market rates, it means that you have to be paid below market rates.

    You've gotta love the cartel method of the unions.

  8. #178
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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Slippery Slope View Post
    It means your competition has lower costs. Raise the labor cost so that the stupid southerners make a living wage and suddenly the Big 3 are competitive.
    So, if a person working in a southern auto factory makes $50,000. / year and it costs $30,000. for him and his family to live in a nice house, feed them, pay utilities, taxes, etc., then they are able to save $20,000.

    His counterpart in Michigan makes $70,000., but it costs him and his family $60,000. in living expenses, which one is the "stupid" one.

    After all, you've already described in detail how much cheaper it is to live in the south.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  9. #179
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    Re: GM goes bankrupt and gets nationalised

    Apparently the UAW will be getting a nice $585M dividend every year from GM. Obama took good care of his union buddies.

    Uncle Sam Gives UAW $10b for VEBA (17.5% of GM), $2.5b Cash, $585m Per Year | The Truth About Cars
    UAW News Update
    GM Clears UAW Hurdle as Deadline Looms - WSJ.com
    Last edited by American; 06-03-09 at 04:29 PM.
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  10. #180
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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Oftencold View Post
    This part appears to be the nucleus of your argument.

    Try this. A labor union is extortion by another name, and a goodly number of people don't want to belong, and I do mean belong to what by rights should be considered a criminal enterprise.
    Sam Adams did say that people looking after their own interests and exploiting resources was a good thing. For workers, that also applies to their labor. In that context, there is nothing wrong with labor unions.
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