Page 8 of 14 FirstFirst ... 678910 ... LastLast
Results 71 to 80 of 137

Thread: Gm moves to China

  1. #71
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

    Re: Gm moves to China

    Quote Originally Posted by sawyerloggingon View Post
    My wife had an 89 Chevy Blazer that literally fell apart at 100K, it was almost like it was designed to do so, that’s why I am so down on them when it comes to quality.
    Understood. That was over 20 years ago though.

  2. #72
    Banned
    Join Date
    May 2011
    Location
    Where they have FOX on in bars and restaurants
    Last Seen
    09-14-14 @ 02:09 PM
    Gender
    Lean
    Independent
    Posts
    14,700

    Re: Gm moves to China

    Quote Originally Posted by 1Perry View Post
    Understood. That was over 20 years ago though.
    Fair point.

  3. #73
    Banned
    Join Date
    Mar 2010
    Last Seen
    07-19-17 @ 03:51 PM
    Gender
    Lean
    Libertarian
    Posts
    60,458

    Re: Gm moves to China

    Quote Originally Posted by lpast View Post
    Nope wrong...GM was union forever and was Number 1 forever, until they started making crap cars that fell apart rusted away and broke daily.
    It doesn't really matter how long a union has lasted or when it came to be. What matters is what they did since they were founded trying to increase their wages past the point of reason. To the point where they had to ignore the balance sheets they were given by the company to see what they could afford. The fact is they got to the point where they merely were only interested in what they could get out of the company and paid no attention to how the company was doing to see if they could actually afford it. With the government behind them in the process GM had no recourse but to agree to unreasonable demands. With the quality of their product already low to begin with this condition only served to make it worse.


    GM is in the shape its in...because they would not make cars americans wanted they kept right on relying on SUVs and P/Us...now they are scrambling to make what americans want.....Gm did it to themselves...not the unions...your using unions to excuse corporate miscues...and the engineering of crap vehicles
    I don't know where you were in the last decade but I would bet 70% of cars on the road were and are SUV's and trucks.


    These companies are killing their country out of greed....thats what I know, open your eyes and you will see it too. Lets not forget one fact please...there would be no competition if our corporations didnt create it themselves.... so let them go shop for the lowest cost and pay more taxs here to run the country that they are gutting..
    The world is their market. Trying to tell me they are about greed does not change the fact that they are merely using the market in front of them.

  4. #74
    Matthew 16:3

    Join Date
    Jul 2008
    Location
    Everywhere and nowhere
    Last Seen
    06-24-17 @ 05:05 PM
    Gender
    Lean
    Progressive
    Posts
    45,603

    Re: Gm moves to China

    Quote Originally Posted by sawyerloggingon View Post
    I disagreed with bailing out GM in the first place and think it was more about keeping the union strong. GM has been making crap cars for years and their contracts with unions were and are not viable. They needed to go bankrupt, renegotiate contracts with unions and get a fresh start as a leaner more efficient company, In short they needed to fail and propping them up with tax payer dollars was a monumental waste of money. We will never get it back, it’s more money down the toilet and the sooner they fail the better. I want those union jobs gone and those blood sucking so called workers that drink beer and smoke pot during their breaks gone too. The only chance America has is to get rid of unions both public and private, they are parasites on the economy.
    If you want to see the union jobs gone, why would you be bothered by the idea of jobs moving to China? Nothing will kill a union more effectively than outsourcing.

  5. #75
    Matthew 16:3

    Join Date
    Jul 2008
    Location
    Everywhere and nowhere
    Last Seen
    06-24-17 @ 05:05 PM
    Gender
    Lean
    Progressive
    Posts
    45,603

    Re: Gm moves to China

    Quote Originally Posted by 1Perry View Post
    Of which we will end up losing even more on.
    That's not guaranteed. We can recoup if the stock rises, but that wont happen unless they tap into an emerging market like China.



    I thought about buying a new Chevy truck. I then see the Union negotiated with themselves and gave many of these cuts right back to the employee's starting right back with the very actions that helped get them in the mess in the first place.

    According to the article, the union was the group that urged higher paid employees to retire early so that cheaper employees could be hired. The unions certainly deserves to be criticizd, but at the same time those aren't the very actions that got us here. They are quite different from those actions, actually.


    GM's long term outlook has been set once the union was gave the keys to the henhouse.
    Tapping into an emerging market with a billion people definitely changes the long term outlook.

    No, if the government had insisted on GM going through a proper bankruptcy with the undertanding that it would stand behind the company I might have understood. A proper bankruptcy though would not have been a positive for the unions and Obama could have none of that so he turned our accepted laws on their heads. Yes it is my political view that this is NEVER a proper role of the government and all they did was cost the taxpayers, who knows how much in reality to simply put the problem off into the future.
    My stance is that we can't change the mistakes of the past. They'll remain mistakes regardless of what we do.

    But we can help mitigate the mistakes of the past by making the right decisions that deal with the reality of the situation, as opposed to making ideological decisions that exacerbate those mistakes. We can't predict the future, but we can make educated guesses about the future using the knowledge that exists in reality. The reality of the situation is that we do have a chance to mitigate our losses over the mistake, but it requires us to give up the political nonsense in favor of practical decision making.

  6. #76
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

    Re: Gm moves to China

    Quote Originally Posted by Tucker Case View Post
    That's not guaranteed. We can recoup if the stock rises, but that wont happen unless they tap into an emerging market like China.
    They could beat conventional wisdom but I'm not betting on it. Especially after heading down the same road that got them in this mess to start with. O.K., one of the things.

    According to the article, the union was the group that urged higher paid employees to retire early so that cheaper employees could be hired. The unions certainly deserves to be criticizd, but at the same time those aren't the very actions that got us here. They are quite different from those actions, actually.
    No, they were part of the actions. GM being forced to pay people to sit around because there was no work for them to do is not something any company could withstand for long. It's also in the unions best interest to get rid of the higher wage earners. There is nothing the union could get away with doing for them.

    Tapping into an emerging market with a billion people definitely changes the long term outlook.
    It doesn't take a great imagination to see where all these new low wage employee's in China will lead to especially when they are already raising wages here.

    My stance is that we can't change the mistakes of the past. They'll remain mistakes regardless of what we do.

    But we can help mitigate the mistakes of the past by making the right decisions that deal with the reality of the situation, as opposed to making ideological decisions that exacerbate those mistakes. We can't predict the future, but we can make educated guesses about the future using the knowledge that exists in reality. The reality of the situation is that we do have a chance to mitigate our losses over the mistake, but it requires us to give up the political nonsense in favor of practical decision making.
    And a valid educated guess would be that within a few years, GM introduces the new Chinese built compact to the U.S. market.

  7. #77
    Banned
    Join Date
    May 2011
    Location
    Where they have FOX on in bars and restaurants
    Last Seen
    09-14-14 @ 02:09 PM
    Gender
    Lean
    Independent
    Posts
    14,700

    Re: Gm moves to China

    Quote Originally Posted by Tucker Case View Post
    If you want to see the union jobs gone, why would you be bothered by the idea of jobs moving to China? Nothing will kill a union more effectively than outsourcing.
    I would of liked to see them go to a right to work state.

  8. #78
    Matthew 16:3

    Join Date
    Jul 2008
    Location
    Everywhere and nowhere
    Last Seen
    06-24-17 @ 05:05 PM
    Gender
    Lean
    Progressive
    Posts
    45,603

    Re: Gm moves to China

    Quote Originally Posted by 1Perry View Post
    They could beat conventional wisdom but I'm not betting on it. Especially after heading down the same road that got them in this mess to start with. O.K., one of the things.
    Doesn't conventional wisdom say that getting into an emerging market with a billion people tends to be beneficial for a company?


    No, they were part of the actions.
    When did this particular action happen before and how did it lead to the problem?



    It doesn't take a great imagination to see where all these new low wage employee's in China will lead to especially when they are already raising wages here.
    Of course not, It'll lead to higher profits for GM.

    And a valid educated guess would be that within a few years, GM introduces the new Chinese built compact to the U.S. market.
    So?

  9. #79
    Matthew 16:3

    Join Date
    Jul 2008
    Location
    Everywhere and nowhere
    Last Seen
    06-24-17 @ 05:05 PM
    Gender
    Lean
    Progressive
    Posts
    45,603

    Re: Gm moves to China

    Quote Originally Posted by sawyerloggingon View Post
    I would of liked to see them go to a right to work state.
    That wouldn't help their profit margins nearly as much as tapping into a market with a billion people and ultra cheap Chinese labor will. Not tapping into the Chinese market would be a bad business decision based on ideological reasoning.
    Last edited by Tucker Case; 09-25-11 at 10:10 PM.

  10. #80
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

    Re: Gm moves to China

    Quote Originally Posted by Tucker Case View Post
    Doesn't conventional wisdom say that getting into an emerging market with a billion people tends to be beneficial for a company?
    We'll see.

    When did this particular action happen before and how did it lead to the problem?
    Particular? I posted where the union screwed the company over before and you didn't quote it.

    So?
    So those still on the hook for the money the government gave GM will not be able to pay it back because the jobs will be in China.

Page 8 of 14 FirstFirst ... 678910 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •