Posted on 03/29/2009 3:00:21 PM PDT by DrGop0821
Barack Hugo Hussein Obama Chavez.
It’s sick. You are right and most of them have no idea how to do basic accounting or even why. Those of them that do are the Mafia and other interested criminal conspiracies who DO keep books.
Let just all agree that Wagoner is no Alfred P. Sloan.
the $155,000 is “total compensation”; I understand it’s not take home pay, but it’s still money shelled out by the Big 3 which limits their profitablity.
You’ve fallen for the union’s fudged numbers. Ask yourself this: if their pay is comparable to non-union auto factories, why have a union at all? If you can get this level of total compensation at non-union jobs, then paying union dues is a waste of money, yes?
Anyway, not only are the union’s numbers fudged, but they do not factor in the “feather-bedding,” i.e. make-work policies. Requiring via union rules that a backup electrician always be present, that certain jobs can only be done by certain people, that extra people always be kept on hand, etc.
Funny stuff!! The companies are bankrupt and the contracts should be declared null and void.
I would, but they drive on the wrong side of the road (and they have issues with gun control, muzzie control, CO2 control, etc).
It’s not sick, it’s Tyranny.
The USA has been dumbed down enough to give them a chance.
Wait till GM files bankruptcy and sticks it to the Gov. That will cause a lot of “Special” laws to be made.
Boss 0be, LOL.
Right to speech?
“GM got the money under Bush’s plan, and I doubt that possible nationalization was even a consideration. While I don’t think they should have gotten money at all, the understanding was different, and Bambi has simply gone ahead and taken advantage of the situation to do what he wants to do anyway, which is control all private industry in the US.”
Yes, it started under Bush. And, yes, Bush did not put stipulations on them. However, GM came crawling back to the trough. Different Lord and Master. Different rules.
Time to get a Trabant. Get an original is my advice instead of a remake by GM....
“Does anyone else think that’s a bit much to screw some tires on a car?”
Of course it’s too much. Those deals were made when the big three auto makers were the only show in town and it affected all of them equally so it didn’t diminish the auto makers competition, just made the cars more expensive. It was obvious, even back then, that with lousy cars, and a blooming competition from overseas that we would end up where we are. Let the auto makers go into chapter 11, deal with the cost of labor, and try to come out of this with a car that people want to buy. The big three can produce a great car if they just put their mind to it.
Wagoner smiled after he wolfed it down... and promptly asked for seconds!
Bingo. That's what's never talked about. The absolutely unrealistic work rules that have been negotiated (read: extorted from management) by the unions are what really drives the labor costs through the roof.
Hint: Check out which party’s candidate Wagoner contributed to.
You read my mind. This is the same as Hugo Chavez’nationalization of Citgo and putting in his military thugs to take over and steal the proceeds. Same thing now with the rice industry in Venezuela. Obama is following this model very closely.
With an entourage of 500 staff, an armour-plated limousine and a fleet of decoy helicopters, America’s new president will arrive for his first visit to Britain amid huge razzmatazz on Tuesday for the G20 summit.
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