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Actually while I am against big government, I'm grudgingly coming to the conclusion that the government should get into the healthcare business, because the current situation is not working. Maybe all the money they save from the drug wars when they legalize drugs could go to health care? :P
Why this is UAW relevant is that the medical costs are a big part of GM's problems and it is in all of our interests to solve the problem. Health care is certainly hurting the competitiveness of some industries. Especially GM who was dumb enough to pay for a lot of gap health care beyond Medicare.
That is it.
Unless we do something to address the uncompetitive advantages of the 3rd world pal, the UAW won't be the only thing done. Won't you agree that 401K plans are a joke??
-Rocky
-Rocky
-Rocky
-Rocky
5 years ago, I thought the market was overvalued and was ready to crash...obviously, I was right, but 4.5 years too soon...but, we placed my wife's 401K into interest bearing instruments, simply waiting and accumulating until the crash came, then pick up shares for pennies instead of the overinflated prices preached on CNBC...
Guess how much my wife's 401K is down since the summer???...NOTHING...we have not lost a penny, simply because we did not follow CNBC, we followed our own thinking...now, just waiting until the final drop (this is a bear market rally, next drop within a year, Dow down to 3000-5000;, time to buy is when blood is running in the streets, and there has not been sufficient blood shed yet, only a few trillion $$$ lost, not enough for a bottom) and then pick up shares for nothing...then sit on them...Ford may be one of the survivors, may pick it up cheap and sit on it for 5-10 years...if they survive this, they will survive anything short of nuclear war in Dearborn...
So, remember that following the UAW line makes YOU one of the brainwashed sheeple, as you go to sleep each night, wondering how floorsweepers can get a raise from the $35/hour they are currently paid...
And, while you rail against the 401K, it is simply because YOu must follow the crowd and lose money, while some of us sit on the sidelines and watch the sheeple, like you, lose money in theirs...allow me to gve you a word that may have been missing in your UAW childhood...RESPONSIBILITY...gagrice will understand, as he takes full responsibility for his 401K, and understands that time will bring it back...you, OTOH, rocky, will always expect someone else to be responsibile for your retirement, so you want the gov't to do it for you...let them do it for YOU, but please don't try to force your lack of ability and responsibility on us, for some of us are willing to be responsible for our lives, and are, quite frankly, disgusted at those who would turn it over to the government...you can barely take care of yourself now, so maybe it makes sense that you expect someone else to take care of you later, but some of us still have some sense of personal responsibility, so your "cradle to grave" mentality is why this country is really going down the tubes...
That is why Bush's idea of allowing me to put part of my SS into the stock market was a GREAT idea, and still is, because I would love to have even more of my money that I could take responsibility to invest...once again, your fear of responsibility is why you are afraid of it...being raised in UAW-think has disabled any form of independent thinking you might have had, had you been raised in a family that understood capitalism...
You can let the union take care of you...the rest of us have some inner pride left, please don't let your lack of free thinking hinder the rest of us...
Someday, despite your upbringing, you WILL have to take responsibility...up to now, you have obviously avoided it...keep looking for the $35/hour floorsweeper job, you may find it in Wonderland...thise silly gravy train days are over...
Underfunded pension plans that exist via public and private sector unions are a much greater danger than 401Ks. How are these things supposed to survive the en masse retirement of the boomers? Did people in 1970 really expect everything to be peachy keen and progressive in 2010?
A 401k plan is what you make of it. You can choose to invest conservatively, aggressively, or anywhere in between. And you can choose how little or how much (up to $16,500 in 2009) to invest. If you picked out aggressive options in your plan, then you probably lost your shirt toward the later part of 2008. If you went a more conservative route, you might've just lost a sleeve or button. :P
Actually, the best thing you can do, if you have a 401k, is to make sure you keep contributing now, while the market's down and prices are low. Over the long term, the market will stabilize and improve, and hopefully we'll all look back at 2008 as just a bad memory.
Sure, a pension would have been nice. But I'd probably have to wait until 65 to get it. And then, what if the pension fund was mismanaged, and there wasn't enough to cover it? The gov't would theoretically step in, but even that's not a sure bet.
FWIW, I'll get a pension when I turn 65, for the years I put in with McDonnell-Douglas and Boeing. It's something like $349.21. Big whoop. And it's not indexed to inflation. So by 2035, I guess $349.21 might almost be enough to buy a case of beer. :sick:
I must of struck a nerve with a response such as the one above. WOW!!! :surprise:
-Rocky
-Rocky
Also you have been sipping the Buick/GM cool-aide for too long. What happens when GM hands you one of 162,000 pink slips they are planning. Will the bail-out money still look well spent then.
What if Hyundai gave you a gig with better benefits doing the same thing? Would you still work for GM? And since your such a smart investor, what are you relying on your retirement for?
No, the sheeple are the ones you run with, because they have to use Gettlefinger as their brains because they have none of their own...they screamed when they had to pay a small copay on their health care, because they were spoiled by 100% coverage for years, while the rest of the nation always paid a portion of their healthcare...they, your UAW buddies, are the most spoiled, illiterate, overpaid, over-rated people this world has seen, they made junk for years, and they still wonder why imports have grown as much as they do...
And they still expect everything to be paid 100% and have no idea why GM is in trouble...
And you have no respect for the hicks of the South???...have you ever looked at your own, the hicks of the North???
Yes, you struck a nerve...
When is your divorce gonna be over so you can marry Beth, an almost-conservative who might inject some real usable capitalistic thoughts into you???...I am about ready to give up... :P :lemon:
Not exactly as I work 6 days a week. It has been my slowest day on the job since I started and after finishing up my internet stuff I've had some time to follow this forum today more so than most other days.
Also you have been sipping the Buick/GM cool-aide for too long. What happens when GM hands you one of 162,000 pink slips they are planning. Will the bail-out money still look well spent then.
I personally don't think that will happen because GM, is too big to fail. If GM, goes belly up this recession will turn into the great depression!!!
What if Hyundai gave you a gig with better benefits doing the same thing? Would you still work for GM?
I guess that depends on the dealer and the offer. I would have a hard time working for a import dealership and if I get out of cars it will be doing something hopefully back in law enforcement which I did before.
And since your such a smart investor, what are you relying on your retirement for?
Most folks in my generation won't be able to retire because by then our Chinese Masters will be working us until we die!!! :sick:
-Rocky
http://money.cnn.com/2009/03/23/smallbusiness/norris_chevrolet/index.htm
But hey look at it this way: "The benefit for GM is that those fewer, more profitable dealerships will have the money to invest in expensive upgrades, like prettier showrooms and better lighting. They'll also be able to attract the best staff."
Well it's better than the father-daughter relationships that are as common in Georgia, as the sunshine. :P Your redneck hicks suck the state dry of welfare benefits and have 5 kids they stuff in a single wide trailer in some slum in North East Georgia. The UAW worker at least goes to work while you guys in the south talk a big game but are the least productive of any area in the U.S. FYI- a 1st grade education in Michigan is equivalent to 12 in Georgia and more than any non-union Hyundai, assembly line worker that thinks he has the world by the [non-permissible content removed] with his $13 an hr. crap 401K he will never be able to afford to contribute too and crap insurance coverage.
No, the sheeple are the ones you run with, because they have to use Gettlefinger as their brains because they have none of their own...they screamed when they had to pay a small copay on their health care, because they were spoiled by 100% coverage for years, while the rest of the nation always paid a portion of their healthcare...they, your UAW buddies, are the most spoiled, illiterate, overpaid, over-rated people this world has seen, they made junk for years, and they still wonder why imports have grown as much as they do...
Your corporate neocon globalist "earned" there millions. I love the double standard for the wealthy and the middle class. :confuse:
And they still expect everything to be paid 100% and have no idea why GM is in trouble...
Why should it not??? If we fixed the issues we could get back to private sector health plans which is better than the government having to step in.
And you have no respect for the hicks of the South???...have you ever looked at your own, the hicks of the North???
Yep and most of them came from the south. They are transplants from Arkansas, Georgia, Alabama, etc. :P
Yes, you struck a nerve...
Sorry!!! Now you know how I feel after you post.
When is your divorce gonna be over so you can marry Beth, an almost-conservative who might inject some real usable capitalistic thoughts into you???...I am about ready to give up...
I wished I had a end date. Her wealthy mother has too much money she sucked out of her father to take me on. I've given more than $10K to two of your kind thus if I'm a little rough of lawyers I apologize. $10K should of yielded me a divorce and now I got to wait until the end of the month too see if she is going to let it get tossed out of court. If she does I'm going to try to file here in Michigan, but I need to find out how the laws read. :confuse:
-Rocky
The Best option for GM is to go Bankrupt. This is how huge companies survive and are protected. These UAW agreements will become dissolved and GM can then survive and flourish with a new attitude and new face.
But instead of saving Ford or GM you union folks would rather see the whole ship sink if you can't have it done YOUR way.
-Rocky
LOL. So of all the nationalistic movements in history, you yourself chose to compare your views to [non-permissible content removed] Germany! LOL
No my friend, I said look at history in general. Whether it be the Romans, the British, the French, the Germans of WW1, the Japanese in WW2, or the U.S. in Vietnam, history teaches you that nationalism - profiting in isolation at the expense of others, who you consider are your inferiors - not sharing prosperity, doesn't work well.
If you don't learn anything else today, you should understand that if it weren't for the Chinese owning so many of our treasury bills, and relying on the U.S. to support their economy so much by buying their products - that you have a moral problem with, we would probably be in a very tense Cold War situation with China.
Maybe you don't remember the Cold War, but many of us do. I'd rather do business with China, Vietnam, and Russia, rather than all of us not trading and rattling sabers. Thus we have relative peace and globalization. You're alternative dream-world would be much worse, but you don't seem to realize it.
-Rocky
When shopping for cars, I like a dealership that is roomy, well lit, has clean bathrooms, free coffee, TV's to put the football games on, is in a good neighborhood, and has genuine salesman.
Totally agree. All I hear from the pro-union people is protect our wages, benefits, and jobs. The government needs to bail us out and protect U.S. jobs. The government needs to pass public-fiunded health-care. yada, yada, yada.
I'm not in a union, I'm not an executive or making 6-figures, I don't want a guarantee of a pension (I'll save for myself, and in a 401K), I don't want public-health-insurance I'd prefer to pay cash for services. And if I get laid off I'm certainly not going around with the attitude that someone's going to offer me a job on a silver-plater.
I'm one of those people who realize that certain jobs are affected by globalization and others aren't. Being in the UAW and making cars has global competition. I would liken the UAW mentality to the sheeple-from-hell. Unwilling to take any responsibility for themselves in life, and forever being ungrateful that they are being taken care of very well.
This is what the west gets for not properly dealing with communism. Maybe it is a deserved fate, a race to the bottom and eventual death.
The reason why I brought up [non-permissible content removed] Germany is because it was referenced by another poster. I find nothing wrong with being nationalistic and carrying more about your country than another nation especially when that other nation wants to cause harm.
-Rocky
-Rocky
-Rocky
-Rocky
-Rocky
>A lot of my relatives have had knee replacements, shoulder surgeries, and some carpal tunnel.
I find this almost unbelievable. Did 4 of them lift an engine from the corners and mounted it in the engine bays? Were your relatives not using any of the work simplification tools i.e. Joists, etc....I would think this would be problem in China, not the US. In the manufacturing plants I have worked, and they were not electronics assembly but full blown - made Motors, turbines, pharmaceutical and Glass bottle molding machinery. Never heard of any of the labors had to get knee and shoulder surgeries.
I will bet that it will not. That is plain and simple scare tactics.
Besides, from what I've seen the dealer mix tends to go Chevy/Cadillac, and Pontiac/Buick/GMC. So just fold Buick into Pontiac."
What happened to your Buick loving back then? Are you sure your not paid by GM to right posts on this wall?
Maybe they do, maybe they don't. I like the looks of it, INSIDE especially.
Next time read your own article:
".....That car was the joint work of GM teams in China and Michigan and was billed as "Buick's strongest statement yet of its deliberately international plans."
Joint, as in cooperative, not the stuff you're smokin'
Here is the question. How much content will be USA made vs Made in China. Would you still want a new LaCrosse if it was 50% Chinese content?
Othwerwise...well, I will censor myself :shades:
Globalization topics and unions are as connected as Boston and inept hockey team ownership...
Even if this is correct (and it's not, because it is a $7 difference for the FIRST 2000 workers, and THEN the full monty, $52/hr??? for the REMAINING 4000 workers, so at 10 hrs that's $140,000 for the first 2000, then $2.8 million for the other 4000)
I think the bigger issue is the legacy costs not actual labor. IIRC, some of GM's plants have the lowest labor times (man/hrs per auto) in the industry.
On a side issue, considering our debate over US vs imported labor on clothes, I was at Olympia Sports looking at running shoes for my son for track. They had one particular model New Balance shoe, model 479, one in grey that was made in China, and one in black made in USA. BOTH pairs were $64.99. How can that be???
New Balance make shoes in the US, but they are marketed as being made in the USA and charge a premium.
http://www.nbwebexpress.com/information/madeinusa.asp?page=1
Also, for better or worst, they don't endorse athletes. I own two pairs of New Balance and they last forever.
You think Rocky is perhaps Wagoner or Gettlefinger in disguise? :confuse:
Ehhh....ummm....do I have to answer that, as I already promised my Ultra to my Godson???
Oh well, I guess I'd settle for a loaded Aura.
If economics 101 says that a bank and or an insurance company are sure bets and absolutely impossible to fail. So why are the banks and AIGs getting bailed out? Certainly we should give GM the same type of capitalism? Why does the taxpayer have to buy toxic assets/legacy assets/assets with STDs? Can you not give the UAW/GM the same consideration as the folks who created the entire mess? Fact is that demand for autos is down by about 50% worldwide and GM is not the root cause. Nor is the UAW the root cause of worldwide recession/depression.
Ford has the best selling car in Europe and the best truck in America. Time has just shown that GM has a failing culture
Most folks know that GM owns Opel and GM of France makes transmissions for most of BMWs. Get your facts straight.
http://cars.uk.msn.com/News/Top_ten_article.aspx?cp-documentid=7319152
(please....God don't make me go there.....) OK, Steve, 1 post. ONLY 1 post....
From 1974, when Jacobs bought the team, until the first lockout in 1994, Boston made the Stanley cup finals 5 times; 1974,1977,1978,1988, and 1990. They lost the conference championship to the eventual champs 3 other times, in 1979,1983,and 1992. That's quite a feat, considering that the teams they lost to, Philly, Montreal, the Isles, Edmonton, and Pittsburg all won multiple championships during those periods, and had the best players in the game at that time. No shame in that. Also, if not for Alan Eagleson, Bobby Orr would be a minority shareholder in the team, offered by Jacobs, for what would've amounted to 25 games played.
Granted, Harry Sinden never won a cup as a GM, but he always tried to keep the team fresh, trading away talent like Phil Esposito for Brad Park, and Barry Pederson for Cam Neely AND a first round draft pick (Glen Wesley) which paid dividend for them for almost 20 years.
WHEW....OK, back to the UAW
BTW, I really get tired about folks thinking that this world would not survive without GM...they said the same thing about Eastern Airlines, and they evaporated and the world still exists...yes, Atlanta and Miami had to work thru the job losses, but they did...and the stupid airline mechanics (Machinist Union, I believe...uh-oh, another union problem) would rather see eastern go down than give up their rank as the highest paid in the industry...looking at the UAW problem, we have been thru this before...
GM would not file Ch 7, they would file Ch 11 and dump debt and dump UAW contracts...the next stage would simply be UAW members surrendering their plasma TVs, vacation homes on the coast, and their RV...they would do fine in the long run...
That is another side effect of UAW brainwashing that has infected our rocky...he thinks that this planet cannot exist unless GM continues to hire more worthless people to continue to make more cars that fewer and fewer want to buy...face the fact that much of GM will follow Oldsmobile into the dustbin of history, and no one will miss them, except the dealer who (theoretically) sell them...Hummer, Saturn, Pontiac, Saab, maybe Buick (fold it into Cadillac) and (take your pick, they only need one) Chevy Truck or GMC truck...they don't need an entire "division" just to sell a few G6 or G8 or Solstices, fold them into Chevrolet...
Like the UAW in the 30s and 40s, when they were needed, Alfred Sloan's model was brilliant from the 30s/40s well into the 80s...once the price of a discounted decked out Olds 98 was the same as loaded Impala, Slaon's model was on life support...they acknowledged it with the death of Oldsmobile, and now the hatchet needs to go further with the other brands as I stated...
Same with Mercury, who is really just for someone who wants the exact Ford product with a different dashboard or grille...and to have fully independent dealers just for Mercury is ridiculous...just Lincoln and Ford will do just fine...maybe even under the same roof...
Bruins are going to be like the Blackhawks of the east....inherited fortunes don't bode well in hockey.
And that was my 1 post... :shades: