Comments on: The Unions and GM

By: Ymarsakar

Ymarsakar — Thu, 04 Dec 2008 18:48:02 +0000

You want to look at cost problems, why does a CEO who looses money year after year make Millions in bonuses????

Cause the government made them a deal they couldn’t refuse.

Big corporations can’t be “allowed” to fail, so Fannie Mae and all those other companies can look at government bailouts and never have to worry about the future. How much money did Fannie Mae’s CEO make off of this economic crisis, given his buddies in Congress took care of things?

By: Ymarsakar

Ymarsakar — Thu, 04 Dec 2008 18:46:19 +0000

The labor cost to assemble a vehicle, including all the labor benefits was less than $1,100 per vehicle.

That’s 1.1k higher than in Japan, at the minimum.

It would be interesting to see how Japanese companies like Toyata pay in terms of corporate taxes vis a vis GM.

By: BW Smith

BW Smith — Thu, 04 Dec 2008 11:06:18 +0000

The labor cost to assemble a vehicle, including all the labor benefits was less than $1,100 per vehicle. That is GM figures, I know, because I am one of the job bank workers. GM wants to cry about labor cost rather than address their true manufacturing problems. I would rather be building cars than be at home, but GM does not want to build cars. My plant once had over 6,000 employees, now it is closed. GM keeps closing plants while foreign car makers are opening them herein the USA. You want to look at cost problems, why does a CEO who looses money year after year make Millions in bonuses???? There are no true manufacturing, engineering, or even consumer conscious people in GM’s upper management, they are all bean counters. There main talents are shuffling numbers to make them say what they want them to say.

By: Tiresias

Tiresias — Wed, 12 Nov 2008 18:41:58 +0000

Yeah, Danny: we might as well not be democrats, be honest, and face facts here.

This bail-out isn’t about saving GM and Ford. What we’re doing is paying to bail out the UAW.

By: Ymarsakar

Ymarsakar — Wed, 12 Nov 2008 18:07:07 +0000

I suspect Book may have been referring to the wit of her commenters.

By: Ymarsakar

Ymarsakar — Wed, 12 Nov 2008 17:56:33 +0000

It’s another example of why the Democrats are the fat cat rich corrupt oligarchs of this nation, Danny.

They talk about fighting Big Business but all they do is to make promises to Big Business that if you support Democrats, Democrats will make laws that will break your competition for you in the form of taxes and harsh regulations.

By: Danny Lemieux

Danny Lemieux — Wed, 12 Nov 2008 15:58:54 +0000

I think that BrianE (#7) has the right solution: Chapter 11 reorganization would allow them to reorganize their Union (but not pension) obligations.

However…this really is about preserving Union power and having us taxpayers foot the bill. If this goes through for the Big-3, I will NEVER, NEVER buy an American car again.

By: Danny Lemieux

Danny Lemieux — Wed, 12 Nov 2008 15:51:34 +0000

Meine Muttie bewahren me about Obamamenschen bearing geschenk.

By: suek

suek — Wed, 12 Nov 2008 15:23:12 +0000

>>I hate to do this, but they are 18 wheelers.>>

I meant the smaller ones…you know…the fuel efficient ones…!!!

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Ok…I goofed. 16-18 … if you get hit by one, it wouldn’t make much difference!

And Danny…

If it’s “fur frei” then you can’t “gebuyen” it…it’s a geschenk!

By: Danny Lemieux

Danny Lemieux — Wed, 12 Nov 2008 11:03:42 +0000

Ja, ich smoochie das idea uff da wunderbar Obamacar. Und ich kan gebuyen ein Obamacar fur frei? Zehr funny, Charles und Brian! Der “Uno” wundermensch hast getaken alles mein geld. Ich bin kaput, gebroken!