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Thread: GM goes bankrupt and gets nationalised

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by DeeJayH View Post
    ask any union member
    they pull the new guy to the side real quick if he works too fast
    why is it, when i lived in NY every union worker was usually just standing around on the job site
    did i just happen to drive by on one of their ridiculously negotiated coffee breaks despite it occuring at all hours of the day
    Happened to me on many occasions when I was a machinist; I got to know the shop steward nearest me very well.

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    Re: GM goes bankrupt and gets nationalised

    If paying lower wages is so great, how come Toyota posted a larger fourth quarter loss than GM this past year?
    The world's biggest car maker by volume posted a net loss of Y436.94 billion in the fiscal year ended March, as it booked a net loss of Y765.8 billion, or about $7.74 billion, in its fiscal fourth quarter.
    [...]
    Struggling U.S. player General Motors Corp. said Thursday that it logged a $6 billion loss, dragged down by bankruptcy jitters and a global sales slump.


    2nd UPDATE: Toyota Sees Deep Losses This FY On Weak Demand - WSJ.com
    “We just simply don’t know how to govern” - Rep. Steve Womack (R-AR) a member of the House Budget Committee

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by BWG View Post
    If paying lower wages is so great, how come Toyota posted a larger fourth quarter loss than GM this past year?
    I believe those numbers are international numbers, therefore union is pretty irrelevant, since most of each is nonunion worldwide.

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Redress View Post
    I believe those numbers are international numbers, therefore union is pretty irrelevant, since most of each is nonunion worldwide.
    So, are you saying in GM's bankruptcy, the union's compensation is irrelevant?
    “We just simply don’t know how to govern” - Rep. Steve Womack (R-AR) a member of the House Budget Committee

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    Re: GM goes bankrupt and gets nationalised

    No, but that when you increase the picture to international scale, it changes things, with GM having a lower percentage of unionized labor overall. This changed the picture somewhat, though I am going to have to think a bit more about it after the hockey game to get a good picture of how. Too distracted now.

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by BWG View Post
    If paying lower wages is so great, how come Toyota posted a larger fourth quarter loss than GM this past year?
    Because correlation does not prove causation.

  7. #257
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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Slippery Slope View Post
    Right so all corps should move to the south where it's cheaper and then all the people will move to the south thereby raising the cost of living. When the tech bubble busted Californians started moving out to Nevada, Oregon, Idaho, Arizona... guess what happened? I know, because we looked at these states too. The housing prices shot up as well as the cost of living. Because people with money moved in and could afford to pay more.
    No, you misunderstand my point completely, or are just ignoring it.

    It's cheaper to live in the south, as you've already admitted. If we can live better on less income than northerners, why should employers pay more. I make a very good living now, but I would be a pauper in New York City.

    And by the way.... we don't want or need any more people moving here.

    The people in the Toyota plant here in Kentucky are very happy at their jobs. In contrast, employees at the two ford plants are constantly griping about one thing or another.

    As a side note, you can eat off the floor of the Toyota plant. After walking through either of the Ford plants, I need to buy a new pair of shoes. That says something for the pride of the people working in the two different plants.

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Gill View Post
    The people in the Toyota plant here in Kentucky are very happy at their jobs. In contrast, employees at the two ford plants are constantly griping about one thing or another.
    I have heard stories about how wonderful it is to work for Toyota in the US. People who have gone to a Toyota plant(not sure where it is) have come back and told stories of how wonderful the place is, and how nice and happy the people are. Supposedly, Toyota treats it's people really well, and the people respond really well to it.

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Redress View Post
    I have heard stories about how wonderful it is to work for Toyota in the US. People who have gone to a Toyota plant(not sure where it is) have come back and told stories of how wonderful the place is, and how nice and happy the people are. Supposedly, Toyota treats it's people really well, and the people respond really well to it.
    I've been in a lot of auto plants throughout the U.S. The Toyota plant in Georgetown, KY is the cleanest, by far, I've ever seen. The people there don't seem to have a chip on their shoulders like many of the others I've been in.

    Detroit Diesel was one of the worst I've ever been in as far as the attitude of the people working there..

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    Re: GM goes bankrupt and gets nationalised

    Quote Originally Posted by Gill View Post
    I've been in a lot of auto plants throughout the U.S. The Toyota plant in Georgetown, KY is the cleanest, by far, I've ever seen. The people there don't seem to have a chip on their shoulders like many of the others I've been in.

    Detroit Diesel was one of the worst I've ever been in as far as the attitude of the people working there..
    I hated going to UAW plants. We are there, as guests of the company, working to sort parts to ensure that no mistakes get through, and the workers feel it is there job to treat us like crap because we are not in a union. Hell, we could not even use the nice bathroom, but had these trashy old ones to use for the nonunion visitors.

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