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United Automobile Workers of America (UAW)

16726 messages,  Last post on Dec 02, 2009 at 10:01 AM

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#6445 of 16726
20/20 Hind sight by circlew
Dec 17, 2008 (4:29 pm)
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If there were no UAW, would the fall to bankruptcy been the same, faster or non-existent?
 
My take is it would have happened anyway due to the structure and product issues but perhaps the products would have been built better due to higher investment in product as opposed to labor.
 
Regards,
OW
#6446 of 16726
Re: 20/20 Hind sight [circlew] by steve_ HOST
Dec 17, 2008 (4:41 pm)
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Replying to: circlew (Dec 17, 2008 4:29 pm)

Great question.
 
The Big 3 probably would have been hurting but not in bailout territory yet.
#6447 of 16726
Re: 20/20 Hind sight [circlew] by gagrice
Dec 17, 2008 (5:19 pm)
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Replying to: circlew (Dec 17, 2008 4:29 pm)

If there were no UAW, would the fall to bankruptcy been the same, faster or non-existent?
 
If there was no UAW there would not be 100s of 1000s of retirees that just keep hanging in there with their gold plated health care. The rest of US retirees are stuck with cheapo Medicare that gives minimal health care. We won't live as long. How many UAW retirees are on life support to keep that fat retirement check rolling in? Reality is most health care plans have a lifetime maximum. Our Teamster plan was a million bucks. That is about good for a kidney transplant and one hip replacement. Then you are on your own.
 
Without the billions spent each year on legacy costs GM would be better off. Without the super restrictive work rules GM would have been able to build state of the art factories here in the USA. Sure the workers would be making more like the average worker in the USA. But GM would not be begging for a handout from the tax payers. Think how degrading it had to be for Wagoner to drive that Volt to DC. Stopping every 40 miles to charge the batteries
#6448 of 16726
Re: 20/20 Hind sight [gagrice] by tlong
Dec 17, 2008 (5:35 pm)
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Replying to: gagrice (Dec 17, 2008 5:19 pm)

Think how degrading it had to be for Wagoner to drive that Volt to DC. Stopping every 40 miles to charge the batteries
 
I wonder how he got back. Drove? Commercial? Luxury jet?
#6449 of 16726
Gettelfinger interviewed by imidazol97
Dec 17, 2008 (6:45 pm)
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Gettelfinger was interviewed by phone on Campbell Brown on Cnn which rarely watch anything on. He was reluctant to admit that during the plant shutdowns (he caused) the workers will be paid a large, almost whole, fraction of their wages. She asked him the question again. And he sort of acknowledged that. But he kept saying they had to do certain things. I assume he meant like apply for unemployment insurance. I assume their medical insurance is paid also during these shutdowns.
 
Of course the plants shut down already for 2 weeks during the holidays, don't they.
 
Gettelfinger keeps losing me with his evasion and lack of helpfulness here. I think we need federal government to eliminate the agreements that are costing so much for our home auto companies.
#6450 of 16726
Re: What baffles me is [gagrice] by dallasdude1
Dec 17, 2008 (6:46 pm)
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Replying to: gagrice (Dec 17, 2008 6:01 am)

Companies like to plan and the market conditions determine if these pension funds are over or under funded. They are just moving to greater match on the 401K. Which is fine by me. I can do better than most money managers. Fact is that many more money managers have failed to beat the S&P. Its not the cost, but rather market conditions which puts a stress during down markets.
 
Health spending accounts are also going to be popular for this next generation.
 
Municipals bonds are for the super rich, since they pay poorly, but are exempt from taxation.
#6451 of 16726
Re: spin cycle [grbeck] by dallasdude1
Dec 17, 2008 (6:54 pm)
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Replying to: grbeck (Dec 17, 2008 6:46 am)

Having talked to former plant supervisors from GM
 
RIGHT
 
AP Online
08-31-1999
Former GM Supervisors Charged
 
FLINT, Mich. (AP) -- Three former General Motors supervisors were charged with scheming to get more than $2 million in kickbacks and gifts from companies that did business with the automaker.
 
Investigators said the suspects, who no longer work for GM, told suppliers to raise prices on goods and services and submit fake bills. The suppliers were then paid by GM and kick backed a payment to the three suspects.
 
The vendors also gave the supervisors gifts such as trips to Las Vegas, motorcycles and a tanning salon membership to keep GM business, investigators told The Flint Journal.
#6452 of 16726
Re: Perceptions of Detroit Are Miles From Reality [gagrice] by cooterbfd
Dec 17, 2008 (6:59 pm)
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Replying to: gagrice (Dec 17, 2008 8:25 am)

"....We have more tariffs on Imported vehicles than Japan."
 
While that may be true, I thought the Japanese did other things like mandatory inspections of the imports, then drag their feet inspecting them, to discourage their importation.
#6453 of 16726
Re: Perceptions of Detroit Are Miles From Reality [cooterbfd] by imidazol97
Dec 17, 2008 (7:07 pm)
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Replying to: cooterbfd (Dec 17, 2008 6:59 pm)

On one radio source they said Korean automaker can import 500,000 cars here but we can only send either 2500 or 5000 into Korea. Sounds like fair trade to ME.
#6454 of 16726
Re: Perceptions of Detroit Are Miles From Reality [cooterbfd] by dallasdude1
Dec 17, 2008 (7:26 pm)
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Replying to: cooterbfd (Dec 17, 2008 4:22 pm)

There are currently pay differences even between the U.S. auto plants owned by Toyota. Toyota workers in Georgetown, Kentucky, earn $27-$30 an hour, similar to the hourly wages of UAW workers in Michigan.
 
But vexed by the rise of lower-wage competitors, including Hyundai Motor in Montgomery, Alabama, and Nissan Motor in Canton, Mississippi, Toyota has been on a campaign to establish new plants that can pay lower hourly rates than its more-established U.S. plants.
 
Starting wages for workers at Toyota's San Antonio Tundra pickup plant, which opened in 2006, began at $15.50 an hour and are scheduled to grow to $21 an hour in 2009. And assembly workers at the company's planned Prius factory near Tupelo, Mississippi, are expected to earn $20 an hour when it opens in 2010. Yet Toyota's Corolla-Tacoma plant in Fremont, California, is a UAW-represented joint-venture with General Motors that pays national UAW rates.

 
http://www.autonews.com/article/20081212/COPY/312129865/1197

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