The White House FIRED GM'S CEO.
#41
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I have no idea where this nonsense logic came from! Speak for yourself.
#42
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I think all you Whiners should go trade your V's for a ricer. Then you could set in your car and listen to your God Rush Limbaugh and smile knowing that you aren't helping us UAW workers !!
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#43
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I hear ya dude!
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#44
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Hmm, I am little confused, probably naive too, but I think you are saying that we should buy cars from only The Big Three due to the UAW builds them. If I am reading you correctly, that may be the most pathetic statement I have seen in my lifetime. By the way, read my earlier posts, I only buy American, due to some loyalty but mostly due to I see value in the vehicle, specifically GM as of late. To ask consumers to buy solely due to the UAW factor is nutless, brainless, spineless, etc... and btw, most people who have made it their profession to research the U.S. Auto Industry will tell you that the mentality to assume and request that Americans buy American cars solely on the criteria that they are made here will agree that was a major contributor to the decline, and hopefully not, the end.
#46
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[QUOTE=Slithering_Joe;11347906]I believe it was the false representation of lenders and loan trading that got us in this mess..not the gov't. Now the gov't see that we the people f'ed it up and now the gov't wants to regulate everything so it doesn't happen again. Say good bye to the free market.
yes, to an extent, we could debate that all day long but none of this woulda happened if the govt wasnt strong arming banks, which started in the 70's pushed more in the 90's, to make loans to risky borrowers, who probly should never have had a mortgage in the first place. but i agree bye bye free market
yes, to an extent, we could debate that all day long but none of this woulda happened if the govt wasnt strong arming banks, which started in the 70's pushed more in the 90's, to make loans to risky borrowers, who probly should never have had a mortgage in the first place. but i agree bye bye free market
#47
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Looks like The Constitution, along with Capitalism, will be bygone characteristics of our Great Nation:
http://www.foxnews.com/politics/2009...s-controversy/
Then again, I believe almost of the Dem candidates for The White House, at some point of their campaigns, sold 'the unfortunates' on the belief that we would all benefit if we could just be more like Europe.
My new slogan, 'Obama, one nation, one leader, one mentality, and one very fast trip to H3LL!!!'
http://www.foxnews.com/politics/2009...s-controversy/
Then again, I believe almost of the Dem candidates for The White House, at some point of their campaigns, sold 'the unfortunates' on the belief that we would all benefit if we could just be more like Europe.
My new slogan, 'Obama, one nation, one leader, one mentality, and one very fast trip to H3LL!!!'
#48
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Onebadcad,
Please don’t look down on Obama for not helping industry. Look what he has done for firearms industry, Ruger and Smith and Wesson stock is doing really well! Unfortunately Obama came too late for Winchester, as the union sent them under and now the Winchesters that are produced today are in name only and made in Japan. I am sure you will have some very logical comments when he bans your ability to buying a firearm.
Please don’t look down on Obama for not helping industry. Look what he has done for firearms industry, Ruger and Smith and Wesson stock is doing really well! Unfortunately Obama came too late for Winchester, as the union sent them under and now the Winchesters that are produced today are in name only and made in Japan. I am sure you will have some very logical comments when he bans your ability to buying a firearm.
![Bigun2](https://ls1tech.com/forums/images/smilies2/bigun2.gif)
![Kali](https://ls1tech.com/forums/images/smilies2/kali.gif)
#49
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Firearms and a run on ammo! ![Happy](https://ls1tech.com/forums/images/smilies/LS1Tech/gr_stretch.gif)
Honda is offering North America wide buyout. All levels will see a decrease in compensation.
![Happy](https://ls1tech.com/forums/images/smilies/LS1Tech/gr_stretch.gif)
Honda is offering North America wide buyout. All levels will see a decrease in compensation.
Onebadcad,
Please don’t look down on Obama for not helping industry. Look what he has done for firearms industry, Ruger and Smith and Wesson stock is doing really well! Unfortunately Obama came too late for Winchester, as the union sent them under and now the Winchesters that are produced today are in name only and made in Japan. I am sure you will have some very logical comments when he bans your ability to buying a firearm.
![Kali](https://ls1tech.com/forums/images/smilies2/kali.gif)
Please don’t look down on Obama for not helping industry. Look what he has done for firearms industry, Ruger and Smith and Wesson stock is doing really well! Unfortunately Obama came too late for Winchester, as the union sent them under and now the Winchesters that are produced today are in name only and made in Japan. I am sure you will have some very logical comments when he bans your ability to buying a firearm.
![Bigun2](https://ls1tech.com/forums/images/smilies2/bigun2.gif)
![Kali](https://ls1tech.com/forums/images/smilies2/kali.gif)
#52
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Locked, stocked, and loaded here!
Chrysler has extended buyouts to indefinitely. Which means take it while we're here.![Happy](https://ls1tech.com/forums/images/smilies/LS1Tech/gr_stretch.gif)
Boy this admin is sure making bad decisions and throwing money the wrong way!
Chrysler has extended buyouts to indefinitely. Which means take it while we're here.
![Happy](https://ls1tech.com/forums/images/smilies/LS1Tech/gr_stretch.gif)
Boy this admin is sure making bad decisions and throwing money the wrong way!
#53
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Seems like being in a union these days has more reprocussions and limitations that it would if you were just a normal employee. See, if you had skills and didn't like your job, you wouldn't need any protection, you could just go somewhere else. That's competition and fair market reasoning where the individual is empowered to take control of their future. You are a drag on society.
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Onebadcad,
Please don’t look down on Obama for not helping industry. Look what he has done for firearms industry, Ruger and Smith and Wesson stock is doing really well! Unfortunately Obama came too late for Winchester, as the union sent them under and now the Winchesters that are produced today are in name only and made in Japan. I am sure you will have some very logical comments when he bans your ability to buying a firearm.
![Kali](https://ls1tech.com/forums/images/smilies2/kali.gif)
Please don’t look down on Obama for not helping industry. Look what he has done for firearms industry, Ruger and Smith and Wesson stock is doing really well! Unfortunately Obama came too late for Winchester, as the union sent them under and now the Winchesters that are produced today are in name only and made in Japan. I am sure you will have some very logical comments when he bans your ability to buying a firearm.
![Bigun2](https://ls1tech.com/forums/images/smilies2/bigun2.gif)
![Kali](https://ls1tech.com/forums/images/smilies2/kali.gif)
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#55
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Your correct on the legacy costs. Looks like most of it will be off GM's books sometime next year.
http://m.youtube.com/watch?desktop_u...&v=yjZ8vgvbM1s
http://m.youtube.com/watch?desktop_u...&v=yjZ8vgvbM1s
Legacy costs are a huge problem, the biggest one is Unions, period. Why?
1. They created a wacko requirement for healthcare and pensions, which makes up over 30% of the cost of US cars.
2. They drove wages above market value, hourly rates at UAW are over 50% higher for US than Jap manfs.
Combine this with the fact that the US made absolute **** cars (as a whole) for about 2 decades, and you get the point (hopefully). Who wants an inferior product?
Only since about 2005 have US cars been competitive overall, often better, than their foreign counterparts. Imagine providing better cars for 25% less than now and where would GM be...?
Who needs a bailout?
Toyota who?
Unions are outdated appendages that have metastizized into a cancer which is threatening to kill American cars. Anytime you're against secret ballots, that speaks VOLUMES about your motivation and corruption level. Can't rely on merit, have to bully. Unions helped the worker once upon a time, now they simply enslave those who don't want to think for themselves and are colluding with corrupt politicians to strangle productive business.
This is not a simple equation by any stretch but Unions are at the top of the list of those to blame. Let's not even talk about EPA, CAFE, fair trade or currency risk in this equation. I am amazed GM survived this long.
1. They created a wacko requirement for healthcare and pensions, which makes up over 30% of the cost of US cars.
2. They drove wages above market value, hourly rates at UAW are over 50% higher for US than Jap manfs.
Combine this with the fact that the US made absolute **** cars (as a whole) for about 2 decades, and you get the point (hopefully). Who wants an inferior product?
Only since about 2005 have US cars been competitive overall, often better, than their foreign counterparts. Imagine providing better cars for 25% less than now and where would GM be...?
Who needs a bailout?
Toyota who?
Unions are outdated appendages that have metastizized into a cancer which is threatening to kill American cars. Anytime you're against secret ballots, that speaks VOLUMES about your motivation and corruption level. Can't rely on merit, have to bully. Unions helped the worker once upon a time, now they simply enslave those who don't want to think for themselves and are colluding with corrupt politicians to strangle productive business.
This is not a simple equation by any stretch but Unions are at the top of the list of those to blame. Let's not even talk about EPA, CAFE, fair trade or currency risk in this equation. I am amazed GM survived this long.
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I need to find the stats but GM spent something like 5 million bucks last year on boner pills for UAW workers. I'm all for letting old men get stiffys but $5 million in boner pills?!!?
#57
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Maybe the European trip is to secure the LADA tooling from the former DDR so we can all (except for the party's heads, who will of course, be driven around in ZILs) have a cheap POS Commie car to go with our new socialist system. ![Bang Head](https://ls1tech.com/forums/images/smilies/LS1Tech/gr_banghead.gif)
Wasn't there also a guy named Adolph who did this sort of stuff in the 30s? It's interesting to see the parallels in tactics, just targeting different folks this time around
.
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Wasn't there also a guy named Adolph who did this sort of stuff in the 30s? It's interesting to see the parallels in tactics, just targeting different folks this time around
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#58
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Really? You really think you can compare Hitler and Obama? You don't think that might be the tiniest bit premature? Can't we at least wait until he annexes Czechoslovakia or something before we start comparisons with the *****?
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Here is something else to consider in this debate. This is not the first story on this but, it was in today's news.
http://www.radaronline.com/exclusive...d-foreign-cars
If your own workers will not support you who will? This is from a lifelong GM guy with 3 cars and 1 marine engine in the garage right now.
http://www.radaronline.com/exclusive...d-foreign-cars
If your own workers will not support you who will? This is from a lifelong GM guy with 3 cars and 1 marine engine in the garage right now.