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Automotive News & Views United Automobile Workers of America (UAW)
16701 messages, Last post on Nov 20, 2009 at 3:39 AM
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Replying to: gagrice (Nov 17, 2008 6:38 pm) I assume most of ya'll seen the video I posted. If the Big 3 fail this country is done !!! What's good for Big 3 is good for America. If we can give a bunch of money to sleazy Wallstreet executives to spend on spa resorts or on a worthless war in Iraq, that had nothing to do with 9/11 we can sure in the hell bailout the Big 3. It's a loan and once we fix trade and currency manipulation GM, like many struggling domestic manufacturers will be better off. I would love nothing better than to not only see General Motors, build the future green vehicles but also get involved in building other forms of transportation i.e. bullet trains, jet airplanes, etc..... If the tax payers want to guarantee GM, success give them contracts to build some of these green technologies here in the U.S.  We have plenty of nice but empty facilities here in Michigan. Delphi Coopersville, MI. plant comes to mind as a place that is already wired for big time manufacturing yet it still remains a empty plant last time I knew.   -Rocky
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Replying to: imidazol97 (Nov 17, 2008 5:36 pm) -Rocky |
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Replying to: cooterbfd (Nov 17, 2008 5:50 pm) Correct and it's with Fidelity !!! -Rocky |
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Replying to: iluvmysephia1 (Nov 17, 2008 6:23 pm) Well that's not true either because GM, still sells by quite a large margin more automobiles than Toyota, here in the U.S. last time I checked !!! Should the U.S. be involved in throwing hard-earned tax monies away? Invest $25 billion now or lose $160 Billion in 3 years thus the choice is yours !!! Poor planning and management has equalled big-time trouble and throwing a very expensive Band-Aid at this while a lot of peope in all trades and industries are also losing their jobs isn't making good common sense to me. I would throw more than $25 billion at the problem. I would give the Big 3 a $100 Billion Dollars and with that money with government oversight I would award them contracts to build locomotives, military equipment, etc..... -Rocky |
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Replying to: lemko (Nov 17, 2008 7:20 pm) -Rocky |
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Replying to: imidazol97 (Nov 17, 2008 5:36 pm) |
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Seems the Democrats do not want to use the money allocated in the Energy bill to bail out the Big 3. Bush has said he did not want to spend all the money in the bailout. He will leave over half for Obama to decide. Obama makes the decision which voters he will pay back. GM folding will be forgotten in a year. Except for the suckers with their cars that were supposed to be covered by warranty. NO ONE IN THEIR RIGHT MIND WOULD BUY A GM VEHICLE NOW. Ford will probably come out stronger as will Toyota and the other transplants. |
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Replying to: gagrice (Nov 17, 2008 9:20 pm) That has to be one of the most ridiculous things I've ever heard in my life !!!! General Motors Corp Executive Salaries, Bonuses, Stock Options, and Other Compensation http://www.companypay.com/executive/compensation/general-motors-corp.asp?yr=2008- -Rocky
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Replying to: rockylee (Nov 17, 2008 9:52 pm) Those salaries and bonuses are even more reason to let GM DIE. Wagoner sees no reason to change the top tier managers. Gettlefinger sees no reason for the UAW to give concessions. GM cannot make it without outside cash to pay these high costs. Let them go. And I do not believe for one second that GM is that important to the US economy. Barely a blip on the GDP. Not even one half of one percent. You are living in the past as is most of the UAW members. You watch too much worthless TV. It is in Obama's court now. Bush handed it over to him. He does not want to deal with that bunch of losers in the 110th Congress.
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Replying to: gagrice (Nov 17, 2008 10:02 pm) -Rocky |
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