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United Automobile Workers of America (UAW)

16667 messages,  Last post on Nov 10, 2009 at 3:38 PM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Automotive News


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#7079 of 16667
Re: Hmmmm....! [gagrice] by dallasdude1
Jan 02, 2009 (8:55 am)
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Replying to: gagrice (Jan 02, 2009 7:58 am)

I can tell you the rich got a lot richer during the Carter Presidency. T-Bills were paying 17% interest. That means someone invested in government bills they could make a lot more money than they could building cars.
 
You fail to see that inflation is factored into that interest rate and that the purchasing power of that money decreases during inflationary periods. So if I buy a home for $100,000 and sell it for $200,000 in time. Then go to replace it and its selling for $200,000, I have gained nothing.
#7080 of 16667
Re: UAW please [steve_] by dallasdude1
Jan 02, 2009 (9:00 am)
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Replying to: steve_ (Jan 02, 2009 8:52 am)

Ooooooooooh K, back to the UAW. The folks who brought you weekends. Steve, my friend, can you hook us up with a summer trip to Black Lake?
#7081 of 16667
Re: UAW please [dallasdude1] by steve_ HOST
Jan 02, 2009 (9:12 am)
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Replying to: dallasdude1 (Jan 02, 2009 9:00 am)

For one of those "educational" trips that sound more like indoctrination?
 
Meanwhile, the union needs to figure out their tax bill on the golf course.
 
Is the UAW’s Black Lake in the red? (laborpains.org)
#7082 of 16667
Re: UAW please [steve_] by gagrice
Jan 02, 2009 (1:01 pm)
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Replying to: steve_ (Jan 02, 2009 9:12 am)

Sounds like the UAW is trying to cheat on their property taxes also. Just what I would need as a retired UAW member. A luxury resort and golf course that I could not afford to use, stealing from my pension fund, so the fat cat UAW leadership would have a place to hang out and play golf. I wonder how deep in debt they would go before anyone found out if honest news sources did not investigate that kind of chicanery.
#7083 of 16667
Re: UAW please [gagrice] by bumpy
Jan 02, 2009 (3:02 pm)
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Replying to: gagrice (Jan 02, 2009 1:01 pm)

Maybe the retirees need to form a union to protect their interests against the UAW?
#7084 of 16667
Re: UAW please [gagrice] by 62vetteefp
Jan 02, 2009 (6:25 pm)
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Replying to: gagrice (Jan 02, 2009 1:01 pm)

A luxury resort and golf course that I could not afford to use, stealing from my pension fund,
 
How can the UAW steal from their pension fund? GM holds and pays the UAW pensions.
 
Looks to me like the township the course is in says it is worth more than what the UAW says its worth. And when it was taken to court the UAW value was taken.
 
Today it is probably worth half what it was in '07 anyway.
#7085 of 16667
Re: UAW please [62vetteefp] by gagrice
Jan 02, 2009 (6:43 pm)
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Replying to: 62vetteefp (Jan 02, 2009 6:25 pm)

I would imagine the UAW has a pension fund for the fat cat Union leadership. Not all contracts will be funded by the corporation. The Teamsters usually have the pension fund. They collect for each hour worked and dump it into the trust fund. Since 1990 they have been much closer watched. Remember when the Unions were accused of lending money to the mob from the pension funds. Las Vegas was started with Union pension money. I was surprised to hear that GM and Ford held the pension money. Isn't that how the steel industry employees got screwed? Who can you trust these days?
#7086 of 16667
Re: UAW please [62vetteefp] by gagrice
Jan 02, 2009 (7:32 pm)
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Replying to: 62vetteefp (Jan 02, 2009 6:25 pm)

Looks to me like the township the course is in says it is worth more than what the UAW says its worth.
 
When the UAW claims it as an asset in the Pension trust it has one value (Very High). When they get their tax bill they beat the value down to nothing for the township's tax base. The assessor is probably afraid to say much as they will send the guys with baseball bats around to see him. So how does this UAW resort for the fat cat leaders and UAW cronies benefit Michigan? The UAW members being sheep think the leaders have their best interest in mind. Very foolish thinking.
#7087 of 16667
explorer and steve host by marsha7
Jan 02, 2009 (7:54 pm)
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ex: It was Tiger Stadium and the Pontiac Silverdome when I left in 1990...have the names changed???...when the Dome was built, Oakland County residents were "guaranteed" that they would never have to put a dime into the stadium...but, every year since it opened, Oakland County folks have had to contribute $800,000 a YEAR to keep it afloat...they shoulda let it die and bulldoze it, along with the Lions...
 
steve: you mentioned about the UAW and the War of 1812...that happens to be accurate...Walter Reuther's great-great-great-great grandfather was upset at the treatment of the soldiers, and was going to organize a strike unless they received TWO bowls of rice daily, instead of just one bowl...oh, wait, that was the Chinese army, and I may have my geography slightly wrong...did the Chinese fight the British on American soil in 1812, or have I been staying up too late at night watching the marathon Twilight Zone episodes on SciFi network???
 
I sense my IQ waning rapidly.........................
#7088 of 16667
baby formula,CFL bulbs and foreign cars by okal
Jan 02, 2009 (8:02 pm)
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Heard on the news today a Chinese citizen wanted to speak to the media about his baby that got sick from tainted Chinese baby formula but the Chinese government would not let him . . . yet Americans will quickly buy these CFL bulbs ( All MADE IN CHINA ) to save a few dollars on their electric bill here in the states !
The Japanese government makes it WAY harder on American car companies , GM,Ford and Chrysler who would love to do business there and build cars in Japan like many of them do in China,South America,etc.
While we give an open door policy to the Japanese auto companies in doing business here,yet Americans will buy Toyotas,Hondas,Lexus,Nissans,etc. never thinking or caring about this.

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