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Automotive News & Views United Automobile Workers of America (UAW)
15589 messages, Last post on Jul 01, 2009 at 7:44 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: 62vetteefp (Dec 12, 2008 8:31 am) My mistake! I meant Martin Feldstein of Harvard, not Milton Friedman! Martin Feldstein called for the Big Three automakers to enter bankruptcy to rewrite excessive union contracts |
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Replying to: 62vetteefp (Dec 12, 2008 8:34 am) Senator Corker of Tennessee today said that the major sticking point was that he wanted a finite date by which the changes would be made - anytime in 2009 - and the UAW did not want to commit to that date. Gettlefinger said that he felt "set up"! |
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Replying to: gagrice (Dec 12, 2008 10:06 am) ...or go to Oregon! |
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>Gettlefinger said that he felt "set up"! GM needs to be the one feeling set up. In reality the huge retiree benefit for hourly and the work rules mandated by UAW through the decades have made US brands unable to manufacture efficiently. I have no doubts that even the overpaid, ineffective management at GM knew how to automate factories even more than they have, but they were held back by the work rules and mandated employment numbers. While I commented on the IUE workers and how efficiently they worked when I was in the Moraine plant, it seems the problem has come down not to the current workers being efficient, but that the plants could have been more automated and much more efficient financially. GM could have been making more profit per car to have more money to do recalls on problems that erupt as have Toyota and honda with their transmission, vibration, shifting, VCM, sludge and other problems. That would have earned GM a better reputation about handling of the typical, average problems which most manufacturers have. |
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Replying to: 62vetteefp (Dec 12, 2008 8:36 am) Just got my Home equity statement. I am paying 3.24% APR. Dropped 1 point in one month!! |
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Replying to: gagrice (Dec 12, 2008 7:41 am)
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Replying to: cooterbfd (Dec 12, 2008 3:31 pm) Sure. Because it is performance bonus. Sometimes you get it. Sometimes you don't. |
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Replying to: chikoo (Dec 12, 2008 8:58 am) http://query.nytimes.com/gst/fullpage.html?sec=health&res=9A0DE2DF173AF93AA15755- C0A960948260 |
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Replying to: chikoo (Dec 12, 2008 3:38 pm)
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Replying to: 62vetteefp (Dec 12, 2008 9:25 am) Many folks out there would like 10% or better, but if we are in double digit inflation we aren't gaining any wealth. |
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