By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our
Privacy Statement, and you agree that your use of the website is subject to our
Visitor Agreement.
Comments
The original 7.3L powerstrokes are very good. It's the early 6.0 PS that had all of the issues and created relationship issues between Ford and International.
The current 6.7 powerstroke seems to be pretty good, but it's not an International engine anymore. I believe Ford designed and builds it.
Cheap natural gas is doing that even better than the EPA. May even make a dent in diesel sales.
And yes, there's a Natural Gas Workers Union. :shades:
So how do you feel about all the Free Trade agreements your man in the WH is pushing through? TPP ought to put the final nail in the UAW coffin. I can't believe the UAW backed KORUS. Just in time for Korea to sign a $3 billion parts supply contract with Government Motors.
Are you talking about the payback to pharmaceutical companies in exchange for supporting the Obama takeover of healthcare bill? I just got two tiny bottles of antibiotics for eyes at $90 each. Sounds like BO Care isn't working. Also did you mean the paybacks to Solyndra and other "green" companies tied to fundraising for the COWH (current occupant White House)? Or did you mention the $500,000,000 taken out of Medicare for BO Care? OR did you mention the abolition of Medicare Ddvantage earlier this year only to improperly use an experimentation fund in Medicare to cover the cost for the rest of this year so we seniors don't figure out that Medicare Advantage is gone until after the (re)election of President this fall?
I'm just trying to figure out who's to blame here--Bush has been gone 3 years and the last 5 years have been Democrat controlled... Just wonderin'. :grin
As for UAW, they should have been neutered in Obama's bankruptcy procedings. They should have had to reapply and reassert to be the union, if any, in the auto plants. Wonder why Barry didn't do that? Money for his campaign? Support on the streets for his doings with UAW members and others going door-to-door would have been gone in 2010 and 2012?
2014 Malibu 2LT, 2015 Cruze 2LT,
2014 Malibu 2LT, 2015 Cruze 2LT,
A U.S. proposal for the Trans-Pacific Partnership (TPP) trade pact between the United States and eight Pacific nations would allow foreign corporations operating in the U.S. to appeal key regulations to an international tribunal. The body would have the power to override U.S. law and issue penalties for failure to comply with its ruling.
http://www.democracynow.org/2012/6/14/breaking_08_pledge_leaked_trade_doc
As more and more of our country and businesses are bought up by other countries, the UAW and other Unions will have to deal with management that is not just looking out for themselves. You are so right about dissolving the Unions when the GM and C BKs were negotiated. If they decided to go with the UAW it would have leveled the wages for all workers.
What is your take on the Chinese buying up large blocks of your state along with Michigan and Idaho?
http://theeconomiccollapseblog.com/archives/will-toledo-ohio-be-the-first-major-- - american-city-to-be-owned-by-china
We also have governor Kasick (Kasuck to many of us) is bragging about how Ohio has improved at a faster rate in recovergy than other states--of course we were lower than most of them in number of jobs left after manufacturing left. So increasing from 20 to 30 is a 50% increase while going from 50 to 60 is a 17% increase. I think you're looking at a one term governor; no Wisc Saturday night salvation for Gov. Kasick.
2014 Malibu 2LT, 2015 Cruze 2LT,
If it was me, I posted the Gordon Gekko quote, which apparently was offensive somehow since it was removed, as a joke... More of a commentary on how cynical some folks get.
Evidently, it must have been an inside joke that some folks missed.
Oh, well...
Greed is good...in the VERY short term, which is the only term both unions and corporate leaders can grasp.
About $7 million in savings would come from cutting retiree health care benefits for one year and then phasing them out. Stockton officials have said the benefits are a crushing expense due to their fast rise and projected liability of $417 million.
Despite the cuts, Stockton has not been able to avoid recurring deficits. Its revenue is weak and its financial troubles have been compounded, according to city officials, by generous pay and benefits for city workers and retirees and too much debt taken on by the city when it enjoyed a home-building boom in the early part of the last decade that transformed it into a distant bedroom community for the San Francisco Bay area.
http://in.reuters.com/article/2012/06/26/economy-stockton-idINL2E8HQ0UF20120626
Is there ANY financial news show that hasn't used several of Gordon's quotes?
Of course, the most famous one was "greed is good".
I'd have to go do a net search because I have no clue who he is. Does living in a tent the last few nights count as a cave?
Anyone got any UAW news?
I don't live in a tent and I had no idea. Must have to be a couch potato to know who he is.
"That's not the Gekko you're looking for. Move along..."
The ball is finally rolling. This is bound to repeat all over the U.S. in the coming years.
While I agree about many of the top few, don't forget the rot from below. In the big picture, that may be the bigger contributor to the decline of this country. Low education, entitlement, freeloading, not expecting any accountability, wanting the mommy state to take care of you....one thing we can agree upon is that it is the middle class that is really getting the shaft.
Middle class is being hammered from both ends, and it is much worse than in Gordon Gekko's day Unions are dying off yet it isn't helping the overall picture.. This is how theories work in reality rather than paper, our system has proven itself to be anything but an egalitarian meritocracy.
Yup, the UAW has been pretty quiet lately. I guess a bit neutered.
Yet the transplants seem to be employing generally happy workers.
Ah but, we are only looking at the top 1%. We have 50% at the bottom of the food chain feeding off of the middle and upper middle classes. Not paying any income tax. With the 1% limousine Liberals egging them on to apply for food stamps and other giveaway programs. More votes to keep the elitist in power.
The UAW is gasping for air. They need to feed on the transplants to survive. It is the public employee Unions that are destroying our cities and states. At least the states where they have been allowed unfettered control of the legislature. In CA the state is far and away the largest employer. Those are all votes for "whatcha gonna gimme jimmy"?
Limousine liberals are only a small part of that robber baron group - our corporate elite usually isn't included in that. I am sure votes to put a smarmy born on third base silver spoon "job creator" in power would be gained via better means
The biggest "wealth" that the 50% have is VOTES. And also a a generally lower level of education. Which means VOTES and GULLIBLE. Sort of like the UAW. Spend a lot on advertising, tell people what they want to hear, and they'll vote for you! So the 1% rely on the 50%, and the 49% pay the bills. The 49% are smart enough to recognize what's going on, but not numerous enough to stop it.
In the UAW it's a mirror of this. The only difference is that the 1% is the union leadership (wants to stay in power). But most of the union members are analagous to the 50% in general society (the "give me a lot of benefits, *living wages* (gag), etc.). But over the long haul the entire system (UAW) has sort of moved downt the self-extinguishment path. And guess what - in general society we are starting to see the same thing, for analogous
There's the Obama-syndrome in that generalization that all public employees are bad for the world. Just as the mantra that the mindless masses "believed" in 2008 was that BO would save them, the polar opposites chant the mantra that public employees bad, schools bad, liberal government bad, private unions bad has been believed by many gullible minds of mush listening to Limbaugh, Beck, et al. I want my court case to be filed correctly by the public employee. I want the public employee to keep straight the reigstration and title of my vehicle. I want my property ownership records to be done correctly by a public employee. I want my kids to be taught by a public employee with degrees and proper training in education--not just someone who has 2 years of community college that the charter school employed. I want my State Patrol to be thorough and efficient in how they operate. I want my street lights to be properly timed for traffic flow--although we don't have much problem with that here in the outburbs. i want the welfare/job search office to be properly staffed with qualified people there who try to get the 50%ers off the dole into the work hole (good luck there!).
The UAW actually caused its own demise with the stratification mentioned already. I have no problem with a good pay with benefits, not an outrageous pay from a company driving itself to bankruptcy.
The UAW is better run than the SEIU members who are led to slaughter by union/party leaders who use them as machine gun fodder on the battleground of politics.
2014 Malibu 2LT, 2015 Cruze 2LT,
Public employees are good and needed. Public employee unions are bad in their ability to hold cities and states hostage. I don't understand why that is hard to see.
I want my court case to be filed correctly by the public employee.
More likely that will happen with an employee that feels they are not protected from screwing up by a Union.
I want my kids to be taught by a public employee with degrees and proper training in education
What does that have to do with public employees being unionized? Setting standards is up to the Cities and states. More likely to get strict standards without a Union forcing its work rules on the government.
The UAW actually caused its own demise with the stratification mentioned already. I have no problem with a good pay with benefits, not an outrageous pay from a company driving itself to bankruptcy.
Totally agree
The UAW is better run than the SEIU members who are led to slaughter by union/party leaders who use them as machine gun fodder on the battleground of politics.
That is the problem with public employee unions. They are allowed to control elections of the people that sign their labor agreements.
“It was here that some of the bloodiest battles of the civil rights movement were fought,” reports Facing South. “It is here where the idea of a social movement based on social justice at the workplace can find fertile ground, UAW leaders believe.”
Gee and I thought the civil rights movement was about securing the same rights for black citizen that everyone enjoyed regardless of skin color.
It’s nice to see that the UAW readily admits that, at least for them, the civil right movement is about exploiting the color of someone’s skin in order to bolster union coffers. I’m supposing the UAW thinks that blacks can’t add or subtract the same way that whites do.
Because, as the UAW cynically admits, previous attempts at unionizing Nissan auto plants that were 80 percent white failed.
UAW race baiting to gain members
None of these losses were necessary to keep General Motors and Chrysler in business. The entire net cost of the bailout came from subsidizing the United Auto Workers' pay and benefits.
President Barack Obama argues that the bailout's losses were a price worth paying to save the Michigan economy. He calls concerns that "paying back the unions" motivated his decision "a load of you know what." But his administration ignored the principles of bankruptcy law to give the UAW special treatment.
General Motors had much higher labor costs than its foreign "transplant" competitors. Bankruptcy courts typically reduce wages and benefits to competitive rates, as happened at many airlines. That did not happen in Detroit.
The special treatment for the United Auto Workers did not extend to members of rival unions. GM did not top up the pensions of Delphi's United Steelworkers retirees. The Task Force also barred laid-off members of the International Union of Electrical Workers from being re-hired at other GM plants.
In total, the extra-legal subsidies to the UAW increased the cost of the bailout by $26.5 billion. They account for the program's entire net cost. None of that money was necessary to keep GM or Chrysler operating, to keep their suppliers in business, or to prevent layoffs. The taxpayer losses came solely from propping up UAW pay and benefits.
http://www.detroitnews.com/article/20120626/OPINION01/206260319/Commentary-Ameri- ca-s-taxpayers-lost-big-UAW-bailout?odyssey=mod|newswell|text|FRONTPAGE|s
Now, if all the middle managers are old white guys still in sharecropper mentality, always talking about bass fishing up at Ross Barnett, organizing efforts could pay off.
The reports that Nissan workers in Canton make less than those in Smyrna would be a good wedge between labor and management. The racial make-up in Canton is about 180° different from that up in Smyrna.
I find that disgusting and paternalistic...
A recent press conference in Canton organized by community leaders had U.S. Rep. Bennie Thompson, D-Miss., standing alongside state NAACP President Derrick Johnson and others pledging their support for the unionization effort at Canton.
http://www.southernstudies.org/2012/06/uaw-targets-mississippi-nissan-plant-for-- its-southern-campaign.html
Running away to dodge responsibility should have one labeled a traitor and make them in effect a marked man. Whether it be Corzine or the facebook coward or an offshoring exec.
Keeping millions happy is what government handouts are about - keeping tensions at a low simmer...which are bound to grow as the gaps show no sign of narrowing.
Let's see... You have a choice... Death by hanging, electrocution, firing squad, stoning.
Which one would you prefer?
If history teaches anything, it's that the first priority of any ruling entity is to remain THE ruling entity... Everything else is secondary.
Is Canton along a major interstate highway?
Does it have oodles of other industries and light businesses around the general area?
Is it adjacent to Nashville or an equivalent major city which also increases the value of homes?
Is it in between two important cities, Nashville and Murfreesboro, where Murfreesboro has to be one of the fastest growing towns I've seen since the 90s and an area north of Cincinnati slowed down in growth? That rapid growth in building and new businesses in Murfreesboro applies pressure to housing prices in the area between it and the Metro itself.
I have spent quite a bit of time in that area. Friends of ours have a house 20 feet from Smyrna.
2014 Malibu 2LT, 2015 Cruze 2LT,