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| | | From: Suziecat (Original Message) | Sent: 11/12/2008 6:55 PM |
They have no idea what they want to do with the approved $700 billion. Everyone wants a piece of the pie - banks, automakers, etc., etc. More billions for AIG. Talk about a corporate nanny state. Honestly, should they have approved the $700 billion without knowing what they were going to do with it. What a mess. WASHINGTON �?The government has abandoned the original centerpiece of its $700 billion rescue effort for the financial system and will not use the money to purchase troubled bank assets. |
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some nations pay for medical care. if the usa would do the same, business wouldn't have that cost. and many american suits are paid more than other suits of different nations. plus a strong dollar raises cost for exporting. blame the worker, that what recons like to do. why not blame the suits for making too many has hog models? Knightly- Why do you keep spouting this bullshit? You know that none of it is true. Are you, in fact, such a moron that you actually believe it? Blame the worker for what? Excessive taxation that drives businesses out of the country? Increased socialism that guarantees no one will be able to sustain any reasonable quality of life, including recieving decant health care? Look how well that works for North Korea. You obviously are blind and deaf, if not just insane, because your bullshit has been proved to not work. |
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Blame the worker for what? for getting paid. this is a situation that lies mostly on the shoulders of the unions. They have effectively forced every other manufacturing entity overseas or lost business to foreign companies because unionized businesses simply cannot remain competitive in the global economy due to collective bargaining madness. (from #18) is she saying american workers should for nothing? the pilots at northwest airlines accepted a pay cut to save the company. but the suits there gave themselve's a pay raise. |
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And on the flip side UAW is standing shouldER to shoulder with Ford, GMC and Chrysler begging for money in Washington D.C., when, in fact, it is UAW that has inflated the wages of automobile workers beyond reason up to and including the absurdity of PAYING PEOPLE FOR SITTING AROUND THE UNION HALL WAITING FOR WORK! And one of the UAW's most prized accomplishments - winning income security for its laid-off members - is not helping the union as it argues for money to help protect its workers at a time when employees across other industries are facing layoffs. The UAW program, called the Jobs Bank at GM, provided nearly full pay for laid off workers while they waited for new jobs. . http://www.iht.com/articles/2008/11/18/business/rescue.php GMC, Ford and Chysler need to fold if they cannot operate without welfare. |
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how about the suits giving themselvs hefty pay raises when the company is losing money? |
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It's no secret that for almost 20 years the US auto industry has existed soley for the purpose of supporting the unions. Such is Life..... if the industry fails, it FAILS. |
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how about the suits giving themselvs hefty pay raises when the company is losing money? Blood from a turnip. |
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how about the suits giving themselvs hefty pay raises when the company is losing money? That's between the suits and the shareholders. It is their business and no one elses. |
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will the suits take a pay cut to save the company? |
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If there are auto- workers out of work, let them go to Toyota and Nissan. They might be looking for workers, and are not asking for a government bail-out. |
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will the suits take a pay cut to save the company? Salaries of the 'suits' are a relatively small expense in corporations as large as these and to answer the question, 'I doubt it'. |
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The unions, just like the federal government, made promises they can't keep. |
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LOL! Every one in the role of 'Inept' and 'Incompetent' Executive is lining up for free money. GM is geared for about 22% of the US car market and Ford is set up for about 15%. The problem is that there is not now nor will there be in the future a demand for any more than about 15% GM, and about 8% Ford. Thus, all the bailout money stripped from taxpayers to fund the executive bonus pool will NEVER increase that demand, and thus it is going to be future 'sunk' funds. If anyone analyzed the market they will also discover that the current 15% and 8% are only the current demand level, and those will be dropping in the future as the Obama Panic Recession takes hold and people realize what has occurred. Any bailout money that fails to require downsizing the companys to valid sales projections is simply an act of stupidity. This is not rocket science. It simply requires rational assessment for existing facts! What Congress will do, however, is to feed their own greed and operate on 'feelings' rather than intelligent 'thought processes.' Curm |
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Looks like Ford and GM design cars that are respected by European critics:- In the very closest of contests, the Opel/Vauxhall (GM) Insignia emerged victorious as Car of the Year 2009 with 321 points against the 320 for the Ford Fiesta. The Volkswagen Golf took third place with 223 points.............. | | GM Opel Insignia | Ford Fiesta | VW Golf | Citroen C5 | Alfa Romeo MiTo | Skoda Superb | Renault Mégane | | Total | 321 | 320 | 223 | 198 | 148 | 144 | 121 | GM's European Opel/Vauxhall division has been one the automaker's biggest success stories recently, selling 418,496 vehicles in the first quarter of 2008 alone. As a reward the General is giving Opel a $14 billion investment to bring out 20 new vehicles by 2012, including a plug-in hybrid, an Astra replacement, and the all-new Insignia sedan and hatch that debuted in London on July 3rd. A replacement for the current Vectra, the Insignia is hitting showrooms across the Continent soon, but GM is already showing off another variant of the family car -- called the Insignia Sports Tourer, the new Opel/Vauxhall wagon will make its debut at the Paris auto show this October and go on sale in the spring of next year..........................................While the Insignia is no doubt a very nice piece, what matters to American drivers is that a version of this Opel should eventually reach U.S. showrooms, most likely in 2010. The first car built on GM's new Epsilon platform that will eventually underpin replacements for the Malibu, G6, and Saab 9-3 among others, the Insignia will eventually be sold here as the new Saturn Aura, although it seems likely only the sedan will make it across the Atlantic. But as more commuters look to ditch their SUVs for smaller vehicles, if GM offers a handsome and quick Aura Sports Tourer as well, it could turn out to be a surprisingly popular option.
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I wonder how many of those Ford and GMC models are powered by the common-rail diesel engine which the EPA has banned from the U.S.? |
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