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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
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: steve_ (Jan 02, 2009 9:12 am) |
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Replying to: gagrice (Jan 02, 2009 1:01 pm) |
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Replying to: gagrice (Jan 02, 2009 1:01 pm) 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.
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Replying to: 62vetteefp (Jan 02, 2009 6:25 pm) |
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Replying to: 62vetteefp (Jan 02, 2009 6:25 pm) 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. |
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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......................... 
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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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Replying to: okal (Jan 02, 2009 8:02 pm) It is the law. Our Democrat Congress last year past an energy bill that MANDATES all light bulbs sold in 2012 will be CFLs or non incandescent. NO CFLs are made in the USA. That is several 1000 jobs that the so called labor party has forced over seas. As far as domestic cars being sold in Japan. There is no restriction or tariffs on US cars being sold in Japan. THEY DON"T WANT THE CRAP WE BUILD.
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Replying to: okal (Jan 02, 2009 8:02 pm) MNF
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Replying to: 62vetteefp (Jan 02, 2009 4:26 am) This statement is way overused and is untrue. Wagoner is doing damage control by blaming the issue on today's economy. He is trying to deflect awareness of his own accountability for GM's failures. While the economy is very tough and even the J3 are finding it difficult, they have money in the bank to weather a downturn, and GM does not. Even Ford is doing better. GM could not make money even while sales were gangbusters with SUVs and trucks. GM is extremely fragile and this is due to the poor decisions, most of them over the past 14 years with Wagoner in charge. Even if GMs costs get under control, their more fundamental problem is that they are way oversized for the amount of product that appeals to the US consumer and they need to change that. Their "recovery plan" combines a lot of best-case scenarios into a highly optimistic and unlikely set of events - the US economy WILL improve in the second half of 2009 - truck sales WILL recover - the Volt WILL be successful and generate halo effects - the VEBA WILL be funded - US consumers WILL continue to find GM's products interesting enough to maintain or increase market share This is a very unlikely set of conditions and if any one of them don't meet optimistic expectations then GM is back in the dumper. So what is the chance that all of these will occur? Why is the $$MM salaried/year Wagoner believing this? I wonder if he even has another contingency plan other than begging for more taxpayer money and blaming the economy? |
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