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United Automobile Workers of America (UAW)

16734 messages,  Last post on Dec 03, 2009 at 4:11 AM

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What is this discussion about? Automotive News


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#5027 of 16734
Re: UAW [cooterbfd] by rockylee
Nov 17, 2008 (7:56 pm)
Reply

Replying to: cooterbfd (Nov 17, 2008 5:50 pm)

Retirees get their money out of a fund that is separate from the company's cash on hand.
 
Correct and it's with Fidelity !!!
 
-Rocky
#5028 of 16734
Re: rocky... [iluvmysephia1] by rockylee
Nov 17, 2008 (8:03 pm)
Reply

Replying to: iluvmysephia1 (Nov 17, 2008 6:23 pm)

Maybe start taking some action toward re-training. Your "facts" don't hide the fact that you avoid: not enough people want GM, Ford and Chrysler products.
 
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
#5029 of 16734
Re: rocky... [lemko] by rockylee
Nov 17, 2008 (8:04 pm)
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Replying to: lemko (Nov 17, 2008 7:20 pm)

Very well said lemko !!!!
 
-Rocky
#5030 of 16734
Re: UAW [imidazol97] by dieselone
Nov 17, 2008 (9:11 pm)
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Replying to: imidazol97 (Nov 17, 2008 5:36 pm)

My FIL gets his pension from the PBGC and he gets about 60% of his original pension. There is a formula that I believe considers age, length of employment, and pension amount. My FIL was around 53 when LTV went BK and he had around 31 years of service.
#5031 of 16734
Bailout Dead for now... by gagrice
Nov 17, 2008 (9:20 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.
#5032 of 16734
Re: Bailout Dead for now... [gagrice] by rockylee
Nov 17, 2008 (9:52 pm)
Reply

Replying to: gagrice (Nov 17, 2008 9:20 pm)

GM folding will be forgotten in a year.
 
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
#5033 of 16734
Re: Bailout Dead for now... [rockylee] by gagrice
Nov 17, 2008 (10:02 pm)
Reply

Replying to: rockylee (Nov 17, 2008 9:52 pm)

Executive Salaries, Bonuses, Stock Options, and Other Compensation
 
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.
#5034 of 16734
Re: Bailout Dead for now... [gagrice] by rockylee
Nov 17, 2008 (10:40 pm)
Reply

Replying to: gagrice (Nov 17, 2008 10:02 pm)

The Big 3 account for 4% GDP so get your facts straight before you rant about how little the automobile industry matters to this country. If the Big 3 dies so will the rest of the country....Those are the facts !!!
 
-Rocky
#5035 of 16734
Re: Bailout Dead for now... [gagrice] by rockylee
Nov 17, 2008 (10:46 pm)
Reply

Replying to: gagrice (Nov 17, 2008 10:02 pm)

Also what do you want the UAW, to give up in concessions ??? I'm sure any of them would be willing to switch retirement packages with you !!! My uncles Teamster pension fund looks like a goldmine compared to my fathers and just like yours it doesn't go down when he reaches social security. My father's does probably something else you weren't aware of !!!!
 
I wished Fintail, was around to keep you in check !!!
 
-Rocky
#5036 of 16734
Well... by iluvmysephia1
Nov 18, 2008 (1:12 am)
Reply
rockford I have seen so many dull looking huge pick-em-up trucks from GM right now and so few affordable green products that I am of the mindset that GM can just fall in to a huge Midwest protoplasm omeba of Detroit Piston muck. The Silverado you see to the right in the ad has slowed us all down for long enough. That gravytrain has sailed.
 
Your GDP numbers are inflated because they're made by a UAW member, aren't they?
 
The bailout is dead. I agree with gagrice on this one. Dead. Done. Cya-Nara. Cya-woudn't want to have ever been ya. Over. And out.
 
rockylee...is it true that Chev really wants $46,995 for the 2010 Chevy Volt? Please tell me that's an Internet misnomer, man.

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