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Rents are pretty ridiculous where I live, too. Here's a listing for an apartment complex on my way to work. Doesn't look bad, at first glance, to the uninitiated. But then, check out the reviews on this page! Some of them are pretty amusing. Walking distance to the local crack dens. Off street parking (i.e., up on blocks). All this and more, starting at $1145 per month. :sick:
I think our Congressmen make more than that, Bob... Oh, you were talking about the UAW non-skilled labor!
'21 Dark Blue/Black Audi A7 PHEV (mine); '22 White/Beige BMW X3 (hers); '20 Estoril Blue/Oyster BMW M240xi 'Vert (Ours, read: hers in 'vert weather; mine during Nor'easters...)
That's crazy. Here in the midwest rents are much more affordable outside of the major cities. My sister and BIL are renting a house in a nice suburb on the Missouri side of Kansas City and are paying $1300/mo for a 2 year old 1700 sq/ft3 bedroom ranch while they try to sell their previous home near Orlando. My mom is renting a 3 bedroom home north of Tampa for $600/mo. This is a house she had on the market for $180k 6 months ago. There are so many houses for rentin Florida that she was just glad to find someone to pay enough rent to cover her property taxes, insurance, and utilities. Thankfully she doesn't owe anything on the house.
The average sale price for my zipcode here in central Illinois is currently around $145k according to trulia.com. That would be around $1,000/mo with taxes and insurance with ony 3% down.
It really depends on what part of the country your in that determines living costs. The midwest is generally much cheaper than the east or west.
The task force met with the union:
Obama Auto Task Force: What Did They Think About Their Detroit Visit? (AutoObserver)
More on Ford and the UAW:
"But most critically, perhaps, the amendment allows Ford to exchange equity shares in the company in lieu of cash payments to the UAW's Voluntary Employee Benefit Association fund established in the 2007 contract with each of the Detroit Three automakers to assume all future liability for retiree health-care costs. Ford sought in the new contract amendments to use equity to pay half of its obligation to the VEBA fund, which is estimated to total approximately $15 billion."
UAW Accepts Ford's Better Idea (AutoObserver)
laurasdada...I forget to mention UAW, it could have been Congress...
grbeck:..."Your father didn't "make" GM millions of dollars. He installed parts on a vehicle as it moved down the assembly line. For doing that work he was well compensated."...exactly...people put things on a moving conveyor, and they think they made the company what it is...if anything, the company made them what they are, which is the unskilled, yet overpaid, people they became, and now they simply believe in their DNA that a floorsweeper is worth $65K a year...they literally have no sense of reality, and since they surround themselves with other UAW members, it is like a urban gang telling themselves they are the greatest...
The UAW had a good thing for decades, and they simply cannot believe that the gravy train is over...hundreds of thousands gone due to lost market share, and they can't figure out what is happening...yet, I am supposed to believe they are intelligent and skilled, when they cannot see the pink elephant in the room, and certainly have no skills worth writing home about...if you can be trained in a day or less, try and convince me how skilled it really is...
Dreamland Express lets off permanently at the next station, as it is the end of the line for the UAW...
Unions say the bill would discourage employers from firing or harassing workers who seek to organize and claim increased union membership would boost wages and help the economy."
Employee Free Choice Act (AP)
Who will pay for their increased wages and all those union-dues... THE FOLKS WHO SHOP AT WALLMART! There is no company on earth who would not simply pass the additional costs on to their customers.
That is why I dislike unions so much, they may appear to help the common employee.... but in reality they only make everything that company sells more expensive - passing the costs on to everyone else who DOES NOT have a union Job.
Where's Gary?
"As a line man apprentice for the Chugach Electric Association, I work hard every day, in sometimes dangerous conditions, to provide power to the Anchorage, Alaska, area. I am truly honored to testify before Congress about how I have benefited from joining a union. Thanks to my union, I work with the most highly trained people in the industry and I know I will come home safe every night."
AFLCIO blog (I guess it goes without saying that the UAW is a member of the AFLCIO?)
Plus, Walmart can also quite legitimately say, "if you unionize, you WILL increase our payroll overhead, which means we MUST reduce our employees by 25%...so look at your fellow workers, because 1 in 4 of you will be gone within 24 hours of unionization"...
one other factor...with the UAW, most folks who bought Big 3 cars never met someone who made the car, face to face, while making the car...but when WalMart shoppers encounter the unionized workers on the floor, face to face, and realize THEY are the reason Walmarts prices went up by 25%, one might be surprised at the peer pressure and outright disgust the new unionized workers encounter...
No union can force WalMart to keep them all, so if Walmarts costs goes up, they have every right to dump workers to keep their prices constant...and they would be smart to put up signs all over the place that say, "In order to keep our costs down to you, our customer, we have had to reduce our staff due to increased unionized payroll...we will do our best to keep our prices low, but any price increase can be blamed directly at the foot of our unionized workforce, driving up YOUR cost of goods for no legitimate reason."
Or put everybody on Part time work, 10-15 hours weekly...
Militant unions have destroyed this nation...UAW, Eastern Airlines Machinists Union, have destroyed their companies and received nothing in return...at some point, SOMEONE at walmart may figure out that unions will destroy Walmart, and the workers, if half intelligent, will vote the union down, just like the Honda plant in Marysville, Ohio...3 union elections were cancelled 1-2 days prior to the election because the UAW was about to lose its collective a**...
This does NOT apply to the UAW...to use the phrase "most highly trained people" in respect to autoworkers is a disgrace to the English language...
My wife blew up over one of our three nearby stores last week. The floors are dirty, the workers are standing around talking to the high percentage of first-of-the-month check cashers who had swarmed in that Saturday morning. The returns area is a total mess. Could a union get them working up to par? Or will there be more things not done and kept clean?
2014 Malibu 2LT, 2015 Cruze 2LT,
The States that do not want to lose more jobs will need to become right to work. That is the only way to combat such ignorance as EFCA. I have nothing against people becoming Union if that is what the majority votes to do. I just don't like company or Union strong arm tactics. That is what will happen with this law.
If Walmart were to become Unionized, all those handicapped and old dudes standing at the door can kiss their jobs goodbye. No company can afford to pay a greeter $10-$12 per hour to say welcome to WalMart. The Costco I go to is Union and you do not see a lot of dead weight hanging around folding boxes with a blank look on their face. Who will hire those people?
EFCA would swing the pendulum back to the workers and they can decide if a secret ballot is needed, but if 50% of them vote to go union, the workers can force a union on a company without having to have a secret ballot. No delays for years and years - basically you get binding arbitration if nothing else within 130 days.
These factoids were taken from Wikipedia and its "neutrality" is in dispute. :shades:
No money, no work.
Regards,
OW
I know a few people who work at Costco, and they say it's great...love their job, benefits, etc. Whenever I go there, I notice that the employees seem fairly happy, friendly, and helpful. As for the old people, they usually have them standing around giving out free samples of something-or-other, so they do find a place for them.
I've known a few people who work/worked at WalMart, and I don't think anyone has ever had anything nice to say about it!
Aren't most grocery store chains still unionized, or is that a thing of the past? Back in high school, one of my friends worked at Giant, an east-coast grocery store chain. I just remember being a bit envious, because he made something like $7.50 per hour working the salad bar, at a time when I was making around $4.50 working at a veterinary clinic. When we started college in the fall of '88, I got a job at Denny's making $5.25 per hour as a dishwasher...did a good enough job that they made me a dishwasher trainer (sounds prestigious, doesn't it :P ), and I was getting $6. I think my friend was making $9.00 per hour by that time. This was early 1989.
5 years later, in February 1994, with a BS degree, I got picked up full-time by my company, and was making $10.50 per hour. I hadn't talked to my friend in years by that time, but knew he had gone on to other things. For awhile he was a manager at a Roy Rogers restaurant. If he had stuck to that salad bar at Giant, I wonder how much he would've been making by February 1994?
That is not true. They are compelled by the NLRB to negotiate in good faith if the workers vote to be represented by a Union. I have seen in the case of the North Slope Borough where they dragged their feet for 2.5 years before reaching an agreement with the AK Teamsters. Then they turned it over to a private company to do the Camp maintenance. A company can still say we are not going to be bullied by the Union and shut their doors. It comes down to economics. You cannot pay more than you make and stay in business. Unless like GM/UAW you have the government subsidizing you.
The bottom line, there are laws now. They are only as good as the administration enforcing them. This administration is thought to be Pro Union. That should be all that is necessary to insure a fair NLRB election and contract negotiation.
Higher taxes and repressive Unions will not encourage businesses to stay in the USA. Only a fool would start a business in Michigan or California today. Where is the balance in EFCA?
Yes, I'd say most grocery stores are union, particularly the larger chains. They have the UFCW known as the retail clerks union.
I have worked in the grocery industry as both a union worker and management in the past. My first job in high school was a union job as a clerk at a grocery store. The wages were better than those at a McDonalds etc. I think I started in 1987 for like 3.65/hr. I worked there all through high school and during my college breaks and I think I was earning around $8.00 (top rate for part time) when I quit in '94.
If the UFCW were to get into Walmart I don't think it would change wages dramatically. What it will do at first is probably put in place more restrictive work rules regarding cashiers, clerks, stockers, and department workers and an agreed on pay scale that guarantees wage increases at certain intervals (I have no idea how Walmart currently does that). Gradually it would allow the union to negotiate for higher wages across the board for all retail stores represented by the union.
I guarantee with the current situation when the union is negotiating for wage increases with a grocery chain like Kroger, management brings up Wal-mart about having to keep costs down to stay competitive. I know many execs in the grocery business wouldn't mind seeing the union get in Walmart either.
I don't think Costco is fully unionized. I think like 20% of their stores are represented by a union. But they've always had a good reputation of paying top wages in the retail industry and taking care of their employees.
Those people handing out samples work for the vendors. Most get minimum wage here in San Diego stores. Not all Costco stores are Union. Only the original Price Club outlets were Unionized. And yes overall Costco is a better employer than WalMart. There was a study that compared the wages to profits between Sam's Club and Costco. Costco paid better wages and benefits and made more per employee than Sam's.
That still does not mean that Unionizing WalMart will make it a better place to work.
5 years later, in February 1994, with a BS degree, I got picked up full-time by my company, and was making $10.50 per hour
If you had gone to work at a UAW job right out of the third grade you would be making $21 per hour in 1994. Hopefully with your degree you have caught up with the unskilled auto worker by now.
Are you really that naive to believe that GM, is operating with 3 TIMES as many workers as Honda??? :confuse: On another note the Endeavor, is a Mitsubishi, thus maybe to many Mises, tapes are blurring your vision!!!
If the car had a reasonable cost, more folks might afford one...yes, I believe in capitalism, so if Chevy can get it, more power to them...but the other side of capitalsim is that if no one wants the product, then the maker files for bankruptcy and we get rid of the company and its workers...
You believe in capitalism only when things are going well but are "socialist" when your plans fail and you have your hands out like the rest of the serfs!!!
Assuming GM in Chapter 11, why is everyone afraid of it???...some folks will lose their jobs, but the same job loss will happen if no Chapter 11, as they will continue to bleed $$$ and with continuing govt bailout $$$, NOBODY will gamble on the carmaker...
If GM, goes BK in this terrible recession it could send the stock-market to "Great Despression" status as the long-term ripple affects will send our unemployment rate well into the double digits!!!
Ch 11 is the salvation, as they will systematically shed all those UAW costs, dump a few vehicle lines, and consolidate into a lean, mean fighting machine, with Chevy, Buick/Cadillac, GMC Truck, and Corvette...a niche player, but a large niche player, and a new force to be reckoned with, esp with new workers, no union, and NO RESTRICTIVE WORK RULES, the real downfall of the Big 3...
Well when everyone restructures and the serfs are all making $8.00 an/hr. and the elites are making 5000x there worker in this "brave new world" my question to you Marsha7, is who is going to buy aka "consume" these cars??? Is the top 5% going to just buy Big 3 cars instead of those Lexuses, Mercedes, BMW's, Porsches???
Remember in your brave new world 95% of of the population won't have a pot to pee in or a window to throw it out of thus they won't be able to afford a car so who's going to do the buying???
-Rocky
My father never worked on a assembly line nor ever "assembled" parts!!!
Your father's contribution, however, didn't influence whether Joe or Jane Public wanted to buy that GM vehicle.
That is incorrect again!!! :confuse: My father working at GM/Delphi, made GM, millions because family and friends purchased GM, cars. We might of purchased Fords or Chrysler's if he didn't work for GM.
Certainly hourly workers deserve to be treated with dignity and compensated fairly for their efforts (although I would remind you that the contract that UAW members had was with GM, not with the taxpayers). But saying that they "made" the company shows that someone has been listening to far too much UAW rhetoric.
My family helped built GM, but the Mises, globalist destroyed her!!!! GM, was the largest corporation at one time on the face of the earth and because you treasonist globalist who would sell your own mother for another nickel in your pocket. The neocon globalist lack any sort of patriotism and don't care who they hurt or which enemy they feed as long as they can make a buck it is good business.
"The business of america is just business" -The original neocon globalist president Calvin Coolidge
-Rocky
Another nice try at deflecting from the real issues with the UAW. It is not the wage that is killing the D3. It is the legacy and work rules. It is the protection of featherbedders. It was the jobs bank, soon to be history. The illegal waiting for a job outside Home Depot makes $12 per hour. Even Walmart pays $8.5 per hour. I doubt with your entitlement DNA you will ever accept the fact that an assembly line worker is not worth $30 per hour. If a HS grad can knock down $15 per hour that is pretty darn good. If he gets some education and is willing to bust his butt, he should be able to double that.
If the D3 and specifically GM had been able to clean out the dead weight in the workforce they would not be begging Congress for a handout. If they could have built a modern plant like the new one in Brazil they would still be hiring US workers instead of laying more off. The UAW has brought this on themselves. The retirees will suffer because of the lies by the UAW leadership. Telling people you are going to care for them from cradle to grave is a lie when you know it will not be possible. The UAW leadership, unless they are TOTALLY STUPID, had to see that lifetime Free Health Care was unsustainable. One little downturn in the economy and the GM/UAW house of cards comes crashing down.
GM could liquidate today and it would be forgotten in 6 months by everyone except people wanting warranty work done on their cars. I feel far more compassion for the 1000s of people that will be losing their jobs in the dealerships as a result of poor management at the D3. They have not had the opportunity to knock down the big bucks over the last 60 years with a bank account the size of Texas to fall back on. A 30 year UAW worker without a big savings account was just foolish and shows what a lack of education will do for you. If they did not save a minimum of 10% over the years, whose fault is it?
-Rocky
Better go to the library and do some studies on Neoconservatism. Calvin Coolidge was for smaller government. How that relates to globalism is a real stretch. He was considered an isolationist and signed laws limiting immigration. He championed Child Labor laws. He must have been considered a decent president as the people elected another Republican Hoover to follow him.
"New" conservatives initially approached this view from the political left. The forerunners of neoconservatism were often liberals or socialists who strongly supported the Allied cause in World War II, and who were influenced by the Great Depression-era ideas of the New Deal, trade unionism,
The very same Unionism in the UAW that is bringing down the once largest corporation in the WORLD, General Motors.
I also would like to know about all these restrictive work rules you have so much relavent knowledge about??? Because the UAW doesn't let a "assembler" to the work of a electrician that is restrictive???
I don't know many recent H.S. educated kids making $15 an/hr. ??? Maybe in Cali but not here!!! They will get McJobs, if they are lucky. I'm trying to encourage my brother to go into physical therapy because if he has to take out a mortgage size loan for college he would at least have the means to pay it back!!!
I think Obama, will get a form of national healthcare passed. I prefer John Edwards, plan but something is better than nothing!!! They could pay for it by redistributing the wealth from highly paid Teamster's!!!!
-Rocky
Obama appears to be sending the stock market to "Great Depression" status without a GM bankruptcy.
At this point, GM is unsustainable in its present form. A goverment supervised, pre-packaged bankruptcy is the best option. But the longer GM (and the goverment) dithers, the more this drags on and increases investor and economic uncertainty. Better to get this done so that we can move on and free up the capital tied up in GM for better uses.
The viable parts of GM will be restructured and produce vehicles that people actually want to buy, and the useless parts will fade away to join Packard, Studebaker, Hudson, Nash, Kaiser-Frazer, Reo, Auburn and Cord.
rockylee: Well when everyone restructures and the serfs are all making $8.00 an/hr. and the elites are making 5000x there worker in this "brave new world" my question to you Marsha7, is who is going to buy aka "consume" these cars???
The world doesn't revolve around the UAW, and the UAW is not synonomous with the middle class. Even at today's depressed levels, there will still be about 11 million new vehicles sold this year. Do you really believe that the UAW is responsible for maintaining the incomes of those millions upon millions of people who will buy a new vehicle this year?
Sorry, but no.
rockylee: Is the top 5% going to just buy Big 3 cars instead of those Lexuses, Mercedes, BMW's, Porsches???
Remember in your brave new world 95% of of the population won't have a pot to pee in or a window to throw it out of thus they won't be able to afford a car so who's going to do the buying???
Who, exactly, is buying all of those Nissans, Toyotas, Hondas, Kias and Hyundais NOW? Certainly not UAW members - they wouldn't be caught dead in them.
Or do you think that Paris Hilton and Donald Trump are driving around in Kia Rios?
-Rocky
My best friend went into physical therapy and is doing extremely well for himself. You'll be very happy he is very much a GM guy like myself with a Corvette and a Chevrolet Tahoe Hybrid.
Purchases by family and friends of UAW workers weren't enough to garner GM a 50 percent share of the American automobile market. If a UAW-style Friends and Family plan were enough to keep GM in business, it wouldn't need government help, because it's down to about that point right now.
My parents regularly purchased Oldsmobile 88s in the 1970s, and with all due respect to your father, they weren't influenced by the fact that he worked at GM. They liked the styling (thank Bill Mitchell for that) and trusted the quality (thank John Beltz and his emphasis on reliability and good workmanship before he died in 1972).
rockylee: My family helped built GM, but the Mises, globalist destroyed her!!!!
GM management, working with the UAW, destroyed itself. People are under no obligation to purchase substandard vehicles so that management and union can enjoy gold-plated wages and benefits.
GM and the UAW seemed to think that they were...well, both are learning the hard way that this isn't so.
Too bad. Not my problem.
rockylee: GM, was the largest corporation at one time on the face of the earth and because you treasonist globalist who would sell your own mother for another nickel in your pocket. The neocon globalist lack any sort of patriotism and don't care who they hurt or which enemy they feed as long as they can make a buck it is good business.
Spare me the patriotism nonsense. GM and the UAW were more than happy to milk the American consumer for all that they could. Well, many customers found a better deal elsewhere, and GM and the UAW failed to adapt.
That is their own fault. Don't come wailing to me or anyone else for sympathy. They made their own bed; they can sleep in it.
If they don't like it? Well, boo-hoo-hoo.
I spoke to a friend of mine who used to live in NJ...there was (is?) a major pharmaceutical company there...years back, altho it was unionized, there was profit sharing...apparently, anytime an employee screwed up, slacked off, made inferior product, slowed production or whatever, it was the UNIONIZED EMPLOYEES who worked hard to get him fired...every time they saw a problem, they thought "my profit sharing is going down because of this lackey"...management never had a problem because the workers policed the plant better than anyone, as their jobs and/or income was at stake...you would think the UAW might act the same way, instead of fighting for 2 years, thru grievance appeals, to keep drunk, lousy, drug-addicted workers on the line, continually making bad products because of their worthless work ethic...yeah, I'll hold my breath for that one...
rocky: I am not wealthy, and I am not rich...I just work every day like everyone else, and try and pay my bills...you need to stop thinking that GM controls this economy...a Chapter 11 for GM would allow the company to continue operating, but allow them to shed obligations they simply cannot pay anyway...
You see, you act like all will be well if only GM gets enough bailout...all that is is the same welfare to keep workers on the line making product nobody wants to buy...well, not nobody, but product far in excess of the amount they can sell...
The auto trade (Big 3) does not comprise as much of the economy as they used to...back in the 70s, it was 1 in every 6 jobs was auto (Big 3) related...with Big 3 market share down, they simply CANNOT be that much of the economy anymore...plus, the gap has been taken up by the imports, who are more efficient at making cars anyway...
The Big 3 model of carmaking, which was great for 50 years, is a dead model...just like dial-up was replaced by DSL, just like hard drives replaced floppies, just like LPs were replaced by cassettes then replaced by CDs, the BIg 3 model of carmaking is no longer viable...that model supported a severely bloated UAW when there was no efficient competition...now that carmaking has moved into the 21st century, the old model from the 50s is out, along with 2/3 of the workers who worked that system...forget it, rock, you can't save it, nor should you...you always come across like the buggy whip makers who wanted to stop the making of cars, because no one would buy horse-drawn carriages anymore...your model is dead, and so is the UAW...and PLEASE, stop trying to justify floor sweepers making $35/hour, the curtain has been drawn back, the wizard is exposed, and nobody in this country, except you and the people who live in Metro Detroit, actually sit in this dream world wondering why the world sees the overpaid floor sweepers...
Their jobs were NEVER worth what they were paid, but the scam lasted 50 years, so, like inner city welfare, you have evolved to the point where your DNA cannot comprehend "change"...but change is coming, and coming fast...
Detroit mayors do seem to have a prpblem with the law, as I understand...
Are you trying to tell me it takes 2200 pages in the Ford UAW contract, to cover wages and benefits. The Teamster contract covers that in ONE PAGE. Was Ford execs lying when they said UAW work rules would NOT allow them to build the state of the art facility in the USA? Is it just possible that UAW work rules are what is sending jobs to Mexico and beyond? No I am not referring to pulling a guy off the line to repair an electrical circuit. Though he should be allowed to change a burnt out light bulb over his work location. He should be allowed to sweep up if that is what the foreman asks him to do. A worker should be allowed to make 30 widgets per hour even if the rest of the crew have a hard time making 25.
Union contracts in most states are not needed for safety reasons. If most states are like CA they have an OSHA reg for everything down to blowing your nose. Hours and breaks are well covered by Federal laws that are required to be posted in every work location.
I don't know many recent H.S. educated kids making $15 an/hr.
They don't make that here either. That is what I am trying to get across to you. THEY ARE NOT WORTH $15 per hour or that is what they would be making. Most skilled non Union people in CA are making around $20 per hour. I have a brick mason friend that tries to bid his jobs at $35 to cover Workman's comp, wages, SS etc. He has only gotten two jobs this year. Most small contractors are bidding under $20 and doing the job themselves. They cannot afford to hire anyone.
I think we should post big signs in Spanish, where illegals hang out, saying go to Michigan lots of work. Then you would see what REAL competition is like for the few jobs. This Congress and President will DO NOTHING to stop the flood of illegals. It is the bleeding heart liberal mentality. $6.75 minimum wage will seem like high pay before the bleeding is done.
They could pay for it by redistributing the wealth from highly paid Teamster's
It will not be just Teamsters paying the bill. It will be anyone with a decent job including UAW workers getting $15 per hour. The last full year I worked, my employer and myself paid over $15,000 into SS and Medicare. It will get worse with universal health care. Oh, and I did not make as much as that UAW Forklift operator at Delphi filing for bankruptcy.
Poor excuse. This is my fifth marriage. I am now married to my first wife and very happy. I would have saved 30% if not for wives spending faster than I could make it.
Don't hold your breath. EFCA is unlikely to get past the Senate.
Senate Majority Leader Harry Reid won't bring the measure up until summer at the earliest, possibly July.
In the House, where support is greater, Speaker Nancy Pelosi has taken a firm, unequivocal stand to wait and see the Senate outcome. Our colleague Frank James has more reaction over in the Swamp.
As for the president, well, as often seems to happen, he can be read two ways. Obama thinks unions are important, workers have lost leverage, wages have flat-lined, he agrees with the "basic outlines" of EFCA and, of course, President Bush screwed it up.
But in the same Washington Post interview, Obama also expressed willingness to talk with management about tweaks and modifications. Which, concerning ballot secrecy at least, seems to some like debating pregnancy: You are or you aren't; it is or it isn't.
Then, Obama warned that "in terms of timetable," losing a half-million (potential union) jobs a month in a souring economy prompts him to first focus his attentions there.
So the absolute hard-rock, count-on-it bottom line is: Obama is for EFCA. He's willing to change EFCA. And in terms of when, he hasn't said. Take that to a bailed-out bank and cash it.
We will get back to you on that Rocky. Leave your number at the beep..
EFCA bad for America
>Staying true to the company's reputation for keeping costs low, Costco Wholesale Corp. President and Chief Executive Officer Jim Sinegal was paid far less this year than his CEO peers, getting no raise for a seventh consecutive year.
>Sinegal, 71, received compensation the company valued at nearly $3.2 million in 2007, according to a proxy statement filed Tuesday with the Securities and Exchange Commission. That's far less than the $8.3 million median pay for chief executives in 2006 calculated by The Associated Press.
Paying extravagant money is not necessary for getting a good ceo.
So you are saying that you and your family & friends brought GM not for quality, but out of not having to explain to a hard headed GM guy why they did not buy a GM product?
Also how big is your social circle? enough to make GM millions? I doubt that.
-Rocky
-Rocky
I'd like to know where you come up with these numbers like $1500 profit during good times when GM, made billions in profits in just mind boggling to me!!! :confuse:
FYI- My family and friends has easily eclipsed that 666 new vehicle total just in case you wanted to know!!!
And Rocky is a closet Acura fan so there goes his help in keeping GM afloat.
Well if you globalist get your way and GM, vehicle aren't american made I won't be buying them!!! I will refuse!!! :mad:
-Rocky
You seem to think that someone in Wash DC (obama) is going to sign some papers and magically, the slums and squalor of Detroit will vanish and the City of OZ will emerge from the dust, simply because GM and Ford will rise from the ashes but still pay floorsweepers $35/hour because they are entitled to it...
You have obviously been raised in a UAW family, which mans you HAVE been shielded from reality...all of your friends and family were UAW, because you have no conception that lug nut tighteners are not worth $60K a year, because that is all you have seen in your lifetime...your view of reality is thru rose colored lenses so thick it is a wonder you can see at all...you simply expect Obama to return the UAW to 1.5 million members overnight, yet you have no idea what they would do, since the Big 3 have shrunk to the point that their entire production could be done with 50-100K workers...
You are on the Titanic, but you simply continue to think that the water rising above your ankles is just heavy rainfall, yet the fact that your head isn't wet simply baffles you...reality refuses to sink into you, yet there isn't any other person who can't see it...
Good luck selling Saturns, but I have to wonder if Saturn will survive, since GM needs to shrink down to basically Chevrolet, Buick/Cadillac, GMC truck and Corvette (separate from Chevrolet)...Pontiac, Saab, Hummer, Saturn just have no market that cannot be served by one of the other brands, except Hummer, which simply needs to be dissolved on a civilian level...
...and they still want to. They're trying hard. The end of this month should be interesting.
Much if not all of those billions was from GMAC servicing mortgages and the like. There were many years GM was only making a profit from the finance arm.
Maybe this will bring back some memories of how things really were
G.M. Profit Beats Estimates, With Aid of Finance Unit
Notice in the 3rd qtr of 2003 GM made a measly $15/car equaling $34million in net income vs. GMAC's $630 million in net income.
-Rocky
-Rocky
You must be pulling this B.S. right out of thin air. Very few attorney's make $150-300/hr. Just because the law office charges that amount an hour doesn't mean it all goes to the attorney.
Just a quick search shows in 2006, the avg wage was around $100k/yr Add the fact that I don't know an attorney that works less than 60hrs a week (I know several), this is a far cry from the $300/hr you dream up in your head. Add the fact that most work for a small firm, many don't have company paid health care or a pension and they on average are not paid much more than a UAW worker. Just saw Fords total cost per hour per employee will be $50/hr in 2011 down from $55 in 2009. That's basically $100k total compensation (hourly+bennis).
LOL. Even the great revolutions in the Soviet Union and China didn't work! They both had communist systems that should redistribute wealth, but only resulted in a mass of poor controlled citizens, which had dictators and an elite party-group which killed millions of their own citizens. And take a look now at both of those capitalistic societies. Both have many billionaires, and 90+% of the population living day-to-day.
Maybe we ought to educate people that life isn't about - standing in the middle of the sidewalk, with no clue and no skills, and waiting for someone to come along and tell you how to make a living and sticking a silver spoon in your mouth. Maybe the schools ought to teach someone how to be humble, work hard and save, how to open a business, or otherwise go out into the world (maybe the UAW should put out some notices on the mining opportunities available down in Australia?).
Are you telling me your dad did not get paid while laid off? Did your dad get more than $15k when he left Delphi? I broke $100k twice in 37 Years working in Alaska. I got a nice $15K added to my 401K when I retired. All of which is gone because of a lame bunch in Congress the last several years. So I am assuming your dad was further down the totem pole than the forklift operator that went into bankruptcy when his wages went below $105K per year?
You still cannot grasp the reality of the guys working around you on the job. How much does the janitor get at the car dealers you worked for. If someone in your town is willing to sweep the floor for $8 per hour that is what that job is worth... Just because someone happened to be born into the UAW and could not do anything more than sweep floors does not make the job worth anymore. It is just added overhead to the company. Overhead that has to be added to the product. A product that GM has had a more difficult time selling year after year. Could it just possibly be they downgraded the quality a bit so they could pay that janitor more than the market price?
Well hopefully Pelosi and Reid, will redistribute the wealth that you greedy capitalist have stolen from this country.
You are really dreaming if you think all those multi millionaires in Congress are going to shoot themselves in the foot. Eight of the top ten richest Senators are Democrats. Last time I looked. You think Kerry the richest is going to screw up his fat cat lifestyle with a realistic tax code that targets his demographic. It was guys like your dad and myself that are paying the bill. The upper middle class are the ones to be targeted.
Lastly can you give me ONE year out of the last 30 that GM made a decent profit on North American vehicle sales? My guess is NO. It has been pointed out that GM sold most of the real money maker, GMAC. 2007 arguably the best year ever for vehicle sales in the USA, and GM lost billions, while Toyota made billions.