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Dennis
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 Posted: Wed Jul 16, 2008 7:45 pm Post subject: Union costs to kill GM? |
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IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
LEAD: As General Motors cuts production by 150,000 trucks, Volkswagen is
making plans to open a factory that will build 150,000 units a year. Guess
which one is unionized...
General Motors (GM) announced this week that it will reduce truck
production, shed jobs, cut executive salaries, freeze base salaries,
eliminate health care benefits for retirees over 65 and sell assets. The
reason GM is clawing just to hold on is more complicated than high gasoline
prices hurting GM's truck and SUV sales. This is the story of a company so
weighed down by a labor union that it's desperately trying to avoid
extinction, says Investor's Business Daily (IBD).
It's a business that, by contract, once had to pay 2,300 workers at its
shuttered Oklahoma City plant their full salaries and benefits for doing
nothing.
The New York Times reported two years ago that workers in the Jobs Bank
still showed up at the plant, then spent their days reading, watching
television, playing dominoes or chatting.
The Oklahoma City shakedown was not an isolated incident; more than 12,000
union workers from all three domestic car makers have entered into the
easy-chair, featherbed world of the Jobs Bank since 2005 and have been paid
for not working.
The United Auto Workers have long been a millstone bolted around the necks
of GM, Ford and Chrysler, says IBD:
Bloated deals have provided unionized auto workers with an average wage of
nearly $65 an hour while Toyota gets by paying its workers about $45 an
hour.
These union contracts -- not poor quality, inferior design, or
mismanagement -- cost GM an additional $2,500 for each car it builds.
GM can either pass the costs on to consumers or absorb the losses. But no
matter which decision GM makes, the company finds itself in a death spiral.
At higher prices, GM cannot compete; if it eats the costs, it loses money.
Source: Editorial, "GM Needs To Lose Its Heavy Load," Investor's Business
Daily, July 15, 2008.
*******
Wow, is this irrefutable marketplace logic and reason ever gonna piss off
the union thugs 'round here.
Dionysus |
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MACK DADDY
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| Posted: Thu Jul 17, 2008 1:03 am Post subject: Re: Union costs to kill GM? |
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|
On Jul 16, 7:45 am, "Dennis" <no.surren...@never.net> wrote:
| Quote: |
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
LEAD: As General Motors cuts production by 150,000 trucks, Volkswagen is
making plans to open a factory that will build 150,000 units a year. Guess
which one is unionized...
General Motors (GM) announced this week that it will reduce truck
production, shed jobs, cut executive salaries, freeze base salaries,
eliminate health care benefits for retirees over 65 and sell assets. The
reason GM is clawing just to hold on is more complicated than high gasoline
prices hurting GM's truck and SUV sales. This is the story of a company so
weighed down by a labor union that it's desperately trying to avoid
extinction, says Investor's Business Daily (IBD).
It's a business that, by contract, once had to pay 2,300 workers at its
shuttered Oklahoma City plant their full salaries and benefits for doing
nothing.
The New York Times reported two years ago that workers in the Jobs Bank
still showed up at the plant, then spent their days reading, watching
television, playing dominoes or chatting.
The Oklahoma City shakedown was not an isolated incident; more than 12,000
union workers from all three domestic car makers have entered into the
easy-chair, featherbed world of the Jobs Bank since 2005 and have been paid
for not working.
The United Auto Workers have long been a millstone bolted around the necks
of GM, Ford and Chrysler, says IBD:
Bloated deals have provided unionized auto workers with an average wage of
nearly $65 an hour while Toyota gets by paying its workers about $45 an
hour.
These union contracts -- not poor quality, inferior design, or
mismanagement -- cost GM an additional $2,500 for each car it builds.
GM can either pass the costs on to consumers or absorb the losses. But no
matter which decision GM makes, the company finds itself in a death spiral.
At higher prices, GM cannot compete; if it eats the costs, it loses money..
Source: Editorial, "GM Needs To Lose Its Heavy Load," Investor's Business
Daily, July 15, 2008.
*******
Wow, is this irrefutable marketplace logic and reason ever gonna piss off
the union thugs 'round here.
Dionysus
|
GM shoulda known people wouldn't keep buying Hummers at todays
fascist fuel prices! |
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Titix
Guest
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| Posted: Thu Jul 17, 2008 2:17 am Post subject: Re: Union costs to kill GM? |
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|
"Dennis" <no.surrender@never.net> wrote in message
news:xZydncl_IaIflOPVnZ2dnUVZ_s7inZ2d@comcast.com...
| Quote: |
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
LEAD: As General Motors cuts production by 150,000 trucks, Volkswagen is
making plans to open a factory that will build 150,000 units a year. Guess
which one is unionized...
General Motors (GM) announced this week that it will reduce truck
production, shed jobs, cut executive salaries, freeze base salaries,
eliminate health care benefits for retirees over 65 and sell assets. The
reason GM is clawing just to hold on is more complicated than high
gasoline
prices hurting GM's truck and SUV sales. This is the story of a company
so
weighed down by a labor union that it's desperately trying to avoid
extinction, says Investor's Business Daily (IBD).
It's a business that, by contract, once had to pay 2,300 workers at its
shuttered Oklahoma City plant their full salaries and benefits for doing
nothing.
The New York Times reported two years ago that workers in the Jobs Bank
still showed up at the plant, then spent their days reading, watching
television, playing dominoes or chatting.
The Oklahoma City shakedown was not an isolated incident; more than 12,000
union workers from all three domestic car makers have entered into the
easy-chair, featherbed world of the Jobs Bank since 2005 and have been
paid
for not working.
The United Auto Workers have long been a millstone bolted around the necks
of GM, Ford and Chrysler, says IBD:
Bloated deals have provided unionized auto workers with an average wage of
nearly $65 an hour while Toyota gets by paying its workers about $45 an
hour.
These union contracts -- not poor quality, inferior design, or
mismanagement -- cost GM an additional $2,500 for each car it builds.
GM can either pass the costs on to consumers or absorb the losses. But no
matter which decision GM makes, the company finds itself in a death
spiral.
At higher prices, GM cannot compete; if it eats the costs, it loses money.
Source: Editorial, "GM Needs To Lose Its Heavy Load," Investor's Business
Daily, July 15, 2008.
*******
Wow, is this irrefutable marketplace logic and reason ever gonna piss off
the union thugs 'round here.
Dionysus
As usual you only post crap from the business mogul side. GM is in the red |
because of several reasons, not labor at all. 1. Poor management. 2. It has
to pay for health care of it employees and retirees because we don't have
national health care like all other industrialized nations. 3. The gasoline
price
and the company should have seen it coming, but they kept on making
monsters.
Etc., etc. |
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MACK DADDY
Guest
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| Posted: Thu Jul 17, 2008 5:48 am Post subject: Re: Union costs to kill GM? |
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|
On Jul 16, 6:30 pm, "Dennis" <no.surren...@never.net> wrote:
| Quote: |
"MACK DADDY" <pepsivani...@msn.com> wrote in message
news:a1300e38-db2c-4a4e-8c15-93bc9912e0f6@y21g2000hsf.googlegroups.com...
On Jul 16, 7:45 am, "Dennis" <no.surren...@never.net> wrote:
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
LEAD: As General Motors cuts production by 150,000 trucks, Volkswagen is
making plans to open a factory that will build 150,000 units a year. Guess
which one is unionized...
General Motors (GM) announced this week that it will reduce truck
production, shed jobs, cut executive salaries, freeze base salaries,
eliminate health care benefits for retirees over 65 and sell assets. The
reason GM is clawing just to hold on is more complicated than high
gasoline
prices hurting GM's truck and SUV sales. This is the story of a company so
weighed down by a labor union that it's desperately trying to avoid
extinction, says Investor's Business Daily (IBD).
It's a business that, by contract, once had to pay 2,300 workers at its
shuttered Oklahoma City plant their full salaries and benefits for doing
nothing.
The New York Times reported two years ago that workers in the Jobs Bank
still showed up at the plant, then spent their days reading, watching
television, playing dominoes or chatting.
The Oklahoma City shakedown was not an isolated incident; more than 12,000
union workers from all three domestic car makers have entered into the
easy-chair, featherbed world of the Jobs Bank since 2005 and have been
paid
for not working.
The United Auto Workers have long been a millstone bolted around the necks
of GM, Ford and Chrysler, says IBD:
Bloated deals have provided unionized auto workers with an average wage of
nearly $65 an hour while Toyota gets by paying its workers about $45 an
hour.
These union contracts -- not poor quality, inferior design, or
mismanagement -- cost GM an additional $2,500 for each car it builds.
GM can either pass the costs on to consumers or absorb the losses. But no
matter which decision GM makes, the company finds itself in a death
spiral.
At higher prices, GM cannot compete; if it eats the costs, it loses money.
Source: Editorial, "GM Needs To Lose Its Heavy Load," Investor's Business
Daily, July 15, 2008.
*******
Wow, is this irrefutable marketplace logic and reason ever gonna piss off
the union thugs 'round here.
Dionysus
GM shoulda known people wouldn't keep buying Hummers at todays
fascist fuel prices!
******
How should they have known, Beetle, Eater of Dung? Do you know anything
about the auto industry beyond the fact they don't hire many of you minimum
wage types?
Dionysus- Hide quoted text -
- Show quoted text -
|
I know plenty about the auto industry! I know that it's not smart to
build dumb, oversized SUV's when gas is over 4 bucks a gallon. And
I'm not a minimum wage type. I wouldn't work for that slave wage. |
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Dennis
Guest
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| Posted: Thu Jul 17, 2008 6:26 am Post subject: Re: Union costs to kill GM? |
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"Titix" <nospam@spamfree.com> wrote in message
news:Zvtfk.18123$N87.11800@nlpi068.nbdc.sbc.com...
| Quote: |
"Dennis" <no.surrender@never.net> wrote in message
news:xZydncl_IaIflOPVnZ2dnUVZ_s7inZ2d@comcast.com...
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
LEAD: As General Motors cuts production by 150,000 trucks, Volkswagen is
making plans to open a factory that will build 150,000 units a year.
Guess
which one is unionized...
General Motors (GM) announced this week that it will reduce truck
production, shed jobs, cut executive salaries, freeze base salaries,
eliminate health care benefits for retirees over 65 and sell assets. The
reason GM is clawing just to hold on is more complicated than high
gasoline
prices hurting GM's truck and SUV sales. This is the story of a company
so
weighed down by a labor union that it's desperately trying to avoid
extinction, says Investor's Business Daily (IBD).
It's a business that, by contract, once had to pay 2,300 workers at its
shuttered Oklahoma City plant their full salaries and benefits for doing
nothing.
The New York Times reported two years ago that workers in the Jobs Bank
still showed up at the plant, then spent their days reading, watching
television, playing dominoes or chatting.
The Oklahoma City shakedown was not an isolated incident; more than
12,000
union workers from all three domestic car makers have entered into the
easy-chair, featherbed world of the Jobs Bank since 2005 and have been
paid
for not working.
The United Auto Workers have long been a millstone bolted around the
necks
of GM, Ford and Chrysler, says IBD:
Bloated deals have provided unionized auto workers with an average wage
of
nearly $65 an hour while Toyota gets by paying its workers about $45 an
hour.
These union contracts -- not poor quality, inferior design, or
mismanagement -- cost GM an additional $2,500 for each car it builds.
GM can either pass the costs on to consumers or absorb the losses. But
no
matter which decision GM makes, the company finds itself in a death
spiral.
At higher prices, GM cannot compete; if it eats the costs, it loses
money.
Source: Editorial, "GM Needs To Lose Its Heavy Load," Investor's Business
Daily, July 15, 2008.
*******
Wow, is this irrefutable marketplace logic and reason ever gonna piss off
the union thugs 'round here.
Dionysus
As usual you only post crap from the business mogul side. GM is in the red
because of several reasons, not labor at all. 1. Poor management. 2. It
has
to pay for health care of it employees and retirees because we don't have
national health care like all other industrialized nations. 3. The
gasoline
price
and the company should have seen it coming, but they kept on making
monsters.
Etc., etc.
******* |
Okay, everyone, all together now on three...one...two... three..."BULLSHIT."
Thank you, thank you very much. Oh, and 9Titties, go back and re-read the
article and what it says about the VW plant. Try harder to keep up.
Dionysus
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Dennis
Guest
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| Posted: Thu Jul 17, 2008 6:30 am Post subject: Re: Union costs to kill GM? |
|
|
"MACK DADDY" <pepsivanilla@msn.com> wrote in message
news:a1300e38-db2c-4a4e-8c15-93bc9912e0f6@y21g2000hsf.googlegroups.com...
On Jul 16, 7:45 am, "Dennis" <no.surren...@never.net> wrote:
| Quote: |
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
LEAD: As General Motors cuts production by 150,000 trucks, Volkswagen is
making plans to open a factory that will build 150,000 units a year. Guess
which one is unionized...
General Motors (GM) announced this week that it will reduce truck
production, shed jobs, cut executive salaries, freeze base salaries,
eliminate health care benefits for retirees over 65 and sell assets. The
reason GM is clawing just to hold on is more complicated than high
gasoline
prices hurting GM's truck and SUV sales. This is the story of a company so
weighed down by a labor union that it's desperately trying to avoid
extinction, says Investor's Business Daily (IBD).
It's a business that, by contract, once had to pay 2,300 workers at its
shuttered Oklahoma City plant their full salaries and benefits for doing
nothing.
The New York Times reported two years ago that workers in the Jobs Bank
still showed up at the plant, then spent their days reading, watching
television, playing dominoes or chatting.
The Oklahoma City shakedown was not an isolated incident; more than 12,000
union workers from all three domestic car makers have entered into the
easy-chair, featherbed world of the Jobs Bank since 2005 and have been
paid
for not working.
The United Auto Workers have long been a millstone bolted around the necks
of GM, Ford and Chrysler, says IBD:
Bloated deals have provided unionized auto workers with an average wage of
nearly $65 an hour while Toyota gets by paying its workers about $45 an
hour.
These union contracts -- not poor quality, inferior design, or
mismanagement -- cost GM an additional $2,500 for each car it builds.
GM can either pass the costs on to consumers or absorb the losses. But no
matter which decision GM makes, the company finds itself in a death
spiral.
At higher prices, GM cannot compete; if it eats the costs, it loses money.
Source: Editorial, "GM Needs To Lose Its Heavy Load," Investor's Business
Daily, July 15, 2008.
*******
Wow, is this irrefutable marketplace logic and reason ever gonna piss off
the union thugs 'round here.
Dionysus
|
GM shoulda known people wouldn't keep buying Hummers at todays
fascist fuel prices!
******
How should they have known, Beetle, Eater of Dung? Do you know anything
about the auto industry beyond the fact they don't hire many of you minimum
wage types?
Dionysus |
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robert bowman
Guest
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| Posted: Thu Jul 17, 2008 8:42 am Post subject: Re: Union costs to kill GM? |
|
|
On Wed, 16 Jul 2008 21:30:43 -0400, Dennis wrote:
| Quote: |
GM shoulda known people wouldn't keep buying Hummers at todays fascist
fuel prices!
******
How should they have known, Beetle, Eater of Dung? Do you know anything
about the auto industry beyond the fact they don't hire many of you
minimum wage types?
|
Well, there is a little history. Predicting an eventual increase in fuel
prices wasn't difficult. I managed to do it when buying my vehicles and
planned accordingly. GM had the Chevette at one point, pitiful though it
might have been. Later, they sold the Suzuki branded as the Metro, and
most recently, the Daewoo branded as Aveo. The best of them was the
Metro. The Aveo is surprisingly inefficient compared to the Toyota Yaris
or Honda Fit.
However, big cars mean big profits -- as long as you can peddle them --
and that is where GM's heart was. Actually, their heart was in GMAC since
any modern finance capitalist knows actually manufacturing a product is a
pain in the ass and it's much better to live on usura, as Esra Pound
termed it.
In their defense, GM just responded to the US consumer preferences,
rather like a dim witted shepherd following the damn sheep off the cliff
rather than trying to lead them to more secure pastures.
When the supposed leaders, political, industrial, or union, follow,
you're fucked, to put it plainly. GM and the UAW deserve each other. |
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Guest
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| Posted: Thu Jul 17, 2008 4:51 pm Post subject: Re: Union costs to kill GM? |
|
|
On Jul 16, 10:45 am, "Dennis" <no.surren...@never.net> wrote:
| Quote: |
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
LEAD: As General Motors cuts production by 150,000 trucks, Volkswagen is
making plans to open a factory that will build 150,000 units a year. Guess
which one is unionized...
General Motors (GM) announced this week that it will reduce truck
production, shed jobs, cut executive salaries, freeze base salaries,
eliminate health care benefits for retirees over 65 and sell assets. The
reason GM is clawing just to hold on is more complicated than high gasoline
prices hurting GM's truck and SUV sales. This is the story of a company so
weighed down by a labor union that it's desperately trying to avoid
extinction, says Investor's Business Daily (IBD).
It's a business that, by contract, once had to pay 2,300 workers at its
shuttered Oklahoma City plant their full salaries and benefits for doing
nothing.
The New York Times reported two years ago that workers in the Jobs Bank
still showed up at the plant, then spent their days reading, watching
television, playing dominoes or chatting.
The Oklahoma City shakedown was not an isolated incident; more than 12,000
union workers from all three domestic car makers have entered into the
easy-chair, featherbed world of the Jobs Bank since 2005 and have been paid
for not working.
The United Auto Workers have long been a millstone bolted around the necks
of GM, Ford and Chrysler, says IBD:
Bloated deals have provided unionized auto workers with an average wage of
nearly $65 an hour while Toyota gets by paying its workers about $45 an
hour.
These union contracts -- not poor quality, inferior design, or
mismanagement -- cost GM an additional $2,500 for each car it builds.
GM can either pass the costs on to consumers or absorb the losses. But no
matter which decision GM makes, the company finds itself in a death spiral.
At higher prices, GM cannot compete; if it eats the costs, it loses money.
Source: Editorial, "GM Needs To Lose Its Heavy Load," Investor's Business
Daily, July 15, 2008.
*******
Wow, is this irrefutable marketplace logic and reason ever gonna piss off
the union thugs 'round here.
Dionysus
|
They never have, and they never, ever will. I'd like to see you turn
a wrench in a plant, ya big oaf!
You're just jealous! |
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Dennis
Guest
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| Posted: Thu Jul 17, 2008 6:07 pm Post subject: Re: Union costs to kill GM? |
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|
"MACK DADDY" <pepsivanilla@msn.com> wrote in message
news:5492e03a-4371-4e26-8cdf-592e2a826fe2@25g2000hsx.googlegroups.com...
On Jul 16, 6:30 pm, "Dennis" <no.surren...@never.net> wrote:
| Quote: |
"MACK DADDY" <pepsivani...@msn.com> wrote in message
news:a1300e38-db2c-4a4e-8c15-93bc9912e0f6@y21g2000hsf.googlegroups.com...
On Jul 16, 7:45 am, "Dennis" <no.surren...@never.net> wrote:
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
LEAD: As General Motors cuts production by 150,000 trucks, Volkswagen is
making plans to open a factory that will build 150,000 units a year.
Guess
which one is unionized...
General Motors (GM) announced this week that it will reduce truck
production, shed jobs, cut executive salaries, freeze base salaries,
eliminate health care benefits for retirees over 65 and sell assets. The
reason GM is clawing just to hold on is more complicated than high
gasoline
prices hurting GM's truck and SUV sales. This is the story of a company
so
weighed down by a labor union that it's desperately trying to avoid
extinction, says Investor's Business Daily (IBD).
It's a business that, by contract, once had to pay 2,300 workers at its
shuttered Oklahoma City plant their full salaries and benefits for doing
nothing.
The New York Times reported two years ago that workers in the Jobs Bank
still showed up at the plant, then spent their days reading, watching
television, playing dominoes or chatting.
The Oklahoma City shakedown was not an isolated incident; more than
12,000
union workers from all three domestic car makers have entered into the
easy-chair, featherbed world of the Jobs Bank since 2005 and have been
paid
for not working.
The United Auto Workers have long been a millstone bolted around the
necks
of GM, Ford and Chrysler, says IBD:
Bloated deals have provided unionized auto workers with an average wage
of
nearly $65 an hour while Toyota gets by paying its workers about $45 an
hour.
These union contracts -- not poor quality, inferior design, or
mismanagement -- cost GM an additional $2,500 for each car it builds.
GM can either pass the costs on to consumers or absorb the losses. But
no
matter which decision GM makes, the company finds itself in a death
spiral.
At higher prices, GM cannot compete; if it eats the costs, it loses
money.
Source: Editorial, "GM Needs To Lose Its Heavy Load," Investor's
Business
Daily, July 15, 2008.
*******
Wow, is this irrefutable marketplace logic and reason ever gonna piss
off
the union thugs 'round here.
Dionysus
GM shoulda known people wouldn't keep buying Hummers at todays
fascist fuel prices!
******
How should they have known, Beetle, Eater of Dung? Do you know anything
about the auto industry beyond the fact they don't hire many of you
minimum
wage types?
Dionysus- Hide quoted text -
- Show quoted text -
|
I know plenty about the auto industry! I know that it's not smart to
build dumb, oversized SUV's when gas is over 4 bucks a gallon. And
I'm not a minimum wage type. I wouldn't work for that slave wage.
*******
Okay, Beetle, Eater of Dung, tell us everything you know about the auto
industry beyond, "Um, um....wait, I know...um, um..they make cars, right?"
Dionysus |
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MRbluster
Guest
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| Posted: Thu Jul 17, 2008 8:00 pm Post subject: Re: Union costs to kill GM? |
|
|
Those retired slob-like union fucks with the 5th-grade-educations who
made $35/hour in unskilled jobs DESTROYED THEIR OWN COMPANY and drove
GM into near-bankruptcy.
They, more than the salaried retirees, should take the health
insurance hits. See how the un- and under-insured live.
May those slobs ALL die slow, cancerous, unbearably painful, blood-
spitting deaths! |
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Patriot Games
Guest
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| Posted: Thu Jul 17, 2008 9:48 pm Post subject: Re: Union costs to kill GM? |
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|
On Wed, 16 Jul 2008 14:17:28 -0700, "Titix" <nospam@spamfree.com>
wrote:
| Quote: |
"Dennis" <no.surrender@never.net> wrote in message
news:xZydncl_IaIflOPVnZ2dnUVZ_s7inZ2d@comcast.com...
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
As usual you only post crap from the business mogul side. GM is in the red
because of several reasons, not labor at all. 1. Poor management.
|
Sme as labor. GM should have disbanded, shedding the unions, and
started a new company without union labor costs.
| Quote: |
2. It has to pay for health care of it employees and retirees because we don't have
national health care like all other industrialized nations.
|
Are you just completely stupid or what? National healthcare isn't
free. The taxpayers, which would include GM and its employees and
retirees, would STILL be paying for it.
| Quote: |
3. The gasoline price
and the company should have seen it coming, but they kept on making
monsters.
|
GM and Ford have been making at least a couple of high mileage
vehicles for DECADES.
Given the CHOICE we Americans CHOSE something larger, faster, and
nicer than a PIECE of Euro-SHIT car...
GM isn't in trouble because tens of million of people are buying
somebody else's cars.
GM is in trouble because tens of million of people AREN'T BUYING
ANYBODY'S CARS - because of high gas prices. |
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Dennis
Guest
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| Posted: Thu Jul 17, 2008 11:22 pm Post subject: Re: Union costs to kill GM? |
|
|
<triba_la_raza@yahoo.com> wrote in message
news:8f274b74-0360-4f15-9cda-f32cb65c83b4@a1g2000hsb.googlegroups.com...
| Quote: |
On Jul 16, 10:45 am, "Dennis" <no.surren...@never.net> wrote:
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
LEAD: As General Motors cuts production by 150,000 trucks, Volkswagen is
making plans to open a factory that will build 150,000 units a year.
Guess
which one is unionized...
General Motors (GM) announced this week that it will reduce truck
production, shed jobs, cut executive salaries, freeze base salaries,
eliminate health care benefits for retirees over 65 and sell assets. The
reason GM is clawing just to hold on is more complicated than high
gasoline
prices hurting GM's truck and SUV sales. This is the story of a company
so
weighed down by a labor union that it's desperately trying to avoid
extinction, says Investor's Business Daily (IBD).
It's a business that, by contract, once had to pay 2,300 workers at its
shuttered Oklahoma City plant their full salaries and benefits for doing
nothing.
The New York Times reported two years ago that workers in the Jobs Bank
still showed up at the plant, then spent their days reading, watching
television, playing dominoes or chatting.
The Oklahoma City shakedown was not an isolated incident; more than
12,000
union workers from all three domestic car makers have entered into the
easy-chair, featherbed world of the Jobs Bank since 2005 and have been
paid
for not working.
The United Auto Workers have long been a millstone bolted around the
necks
of GM, Ford and Chrysler, says IBD:
Bloated deals have provided unionized auto workers with an average wage
of
nearly $65 an hour while Toyota gets by paying its workers about $45 an
hour.
These union contracts -- not poor quality, inferior design, or
mismanagement -- cost GM an additional $2,500 for each car it builds.
GM can either pass the costs on to consumers or absorb the losses. But
no
matter which decision GM makes, the company finds itself in a death
spiral.
At higher prices, GM cannot compete; if it eats the costs, it loses
money.
Source: Editorial, "GM Needs To Lose Its Heavy Load," Investor's Business
Daily, July 15, 2008.
*******
Wow, is this irrefutable marketplace logic and reason ever gonna piss off
the union thugs 'round here.
Dionysus
They never have, and they never, ever will. I'd like to see you turn
a wrench in a plant, ya big oaf!
******** |
What!?!? What you wrote is completely indecipherable. Try again using proper
grammar and syntax this time, and identify
"They."
Dionysus
| Quote: |
You're just jealous! |
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MACK DADDY
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| Posted: Fri Jul 18, 2008 12:32 am Post subject: Re: Union costs to kill GM? |
|
|
On Jul 17, 9:48 am, Patriot Games <Patr...@America.Com> wrote:
| Quote: |
On Wed, 16 Jul 2008 14:17:28 -0700, "Titix" <nos...@spamfree.com
wrote:
"Dennis" <no.surren...@never.net> wrote in message
news:xZydncl_IaIflOPVnZ2dnUVZ_s7inZ2d@comcast.com...
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
As usual you only post crap from the business mogul side. GM is in the red
because of several reasons, not labor at all. 1. Poor management.
Sme as labor. GM should have disbanded, shedding the unions, and
started a new company without union labor costs.
2. It has to pay for health care of it employees and retirees because we don't have
national health care like all other industrialized nations.
Are you just completely stupid or what? National healthcare isn't
free. The taxpayers, which would include GM and its employees and
retirees, would STILL be paying for it.
3. The gasoline price
and the company should have seen it coming, but they kept on making
monsters.
GM and Ford have been making at least a couple of high mileage
vehicles for DECADES.
Given the CHOICE we Americans CHOSE something larger, faster, and
nicer than a PIECE of Euro-SHIT car...
GM isn't in trouble because tens of million of people are buying
somebody else's cars.
GM is in trouble because tens of million of people AREN'T BUYING
ANYBODY'S CARS - because of high gas prices.
|
I'll tell you what! Those Euro cars are some damn good cars!
Japanese cars are very good cars. GM, Ford, and Chrysler could take
lessons on how to manage a company from those other car
manufacturers. |
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Dennis
Guest
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| Posted: Fri Jul 18, 2008 1:52 am Post subject: Re: Union costs to kill GM? |
|
|
"robert bowman" <bowman@montana.com> wrote in message
news:6e7td2F5nh8nU1@mid.individual.net...
| Quote: |
On Wed, 16 Jul 2008 21:30:43 -0400, Dennis wrote:
GM shoulda known people wouldn't keep buying Hummers at todays fascist
fuel prices!
******
How should they have known, Beetle, Eater of Dung? Do you know anything
about the auto industry beyond the fact they don't hire many of you
minimum wage types?
Well, there is a little history. Predicting an eventual increase in fuel
prices wasn't difficult. I managed to do it when buying my vehicles and
planned accordingly. GM had the Chevette at one point, pitiful though it
might have been. Later, they sold the Suzuki branded as the Metro, and
most recently, the Daewoo branded as Aveo. The best of them was the
Metro. The Aveo is surprisingly inefficient compared to the Toyota Yaris
or Honda Fit.
However, big cars mean big profits -- as long as you can peddle them --
and that is where GM's heart was. Actually, their heart was in GMAC since
any modern finance capitalist knows actually manufacturing a product is a
pain in the ass and it's much better to live on usura, as Esra Pound
termed it.
In their defense, GM just responded to the US consumer preferences,
rather like a dim witted shepherd following the damn sheep off the cliff
rather than trying to lead them to more secure pastures.
When the supposed leaders, political, industrial, or union, follow,
you're fucked, to put it plainly. GM and the UAW deserve each other.
********* |
I have little problem with your analysis, except your damning with faint
praise GM's decision to follow the market. It is not GM's role to tell its
customers what to buy, and for thinking people the profit motive is still
admirable.
Dionysus
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Titix
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| Posted: Fri Jul 18, 2008 4:13 am Post subject: Re: Union costs to kill GM? |
|
|
"Patriot Games" <Patriot@America.Com> wrote in message
news:lktu74dc1r0kqekvsdqktk8fscj684vphl@4ax.com...
| Quote: |
On Wed, 16 Jul 2008 14:17:28 -0700, "Titix" <nospam@spamfree.com
wrote:
"Dennis" <no.surrender@never.net> wrote in message
news:xZydncl_IaIflOPVnZ2dnUVZ_s7inZ2d@comcast.com...
IBD EDITORIAL FROM NCPA
HEAD: GM NEEDS TO LOSE ITS HEAVY LOAD
As usual you only post crap from the business mogul side. GM is in the
red
because of several reasons, not labor at all. 1. Poor management.
Sme as labor. GM should have disbanded, shedding the unions, and
started a new company without union labor costs.
They better do it fast, because once the people that care about Americans |
take
over, the unions will have equal say as do the corporations.
Where is your patriotism? Traitor like the rest that went to communist
China.
| Quote: |
2. It has to pay for health care of it employees and retirees because we
don't have
national health care like all other industrialized nations.
Are you just completely stupid or what? National healthcare isn't
free. The taxpayers, which would include GM and its employees and
retirees, would STILL be paying for it.
|
You're the one showing stupidity. If we had a national health care,
everybody would be
paying for it, and GM won't have to pay for health care for its employees.
Every American
would be covered.
| Quote: |
3. The gasoline price
and the company should have seen it coming, but they kept on making
monsters.
GM and Ford have been making at least a couple of high mileage
vehicles for DECADES.
Given the CHOICE we Americans CHOSE something larger, faster, and
nicer than a PIECE of Euro-SHIT car...
If you think the Europeans are making shit cars, think again. I see a lot of |
their
cars everywhere. MGM, Merced etc., they are hardly consedered piece-of-shit.
And they have unions!!!
| Quote: |
GM isn't in trouble because tens of million of people are buying
somebody else's cars.
GM is in trouble because tens of million of people AREN'T BUYING
ANYBODY'S CARS - because of high gas prices.
|
And why do we have high gas prices? Why haven't we diversified our
dependence
on fuel? And there is technology to have cars that go over 80 mpg, why it
hasn't been
produced for marketing?
We need better leaders, people with sight for the future. Obama is the man. |
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