Home › Forums › Financial Markets/Economics › GM seeks up to $30B in aid, to cut 47,000 jobs
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Coronita.
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February 17, 2009 at 7:26 PM #348982February 17, 2009 at 7:32 PM #348427
equalizer
Participant[quote=macromaniac]Pigs,
I worked for GM back in the early 90’s in the automotive engineering department in Dayton, OH. I have never witnessed more inefficiency in my entire life.
I would roll in to the shop in the morning and no lie every guy in the union doing stamping would be sitting there reading the paper, smoking cigars, and just sitting on their ass until 10:00 a.m.
If I needed something on a RUSH forget about it. Unions breed laziness, contentment, and bankrupt businesses. I witnessed this first hand. There day has come and they are going to get the old suicide squeeze if Mama Obama grows a pair….
[/quote]
graduated HS in Detroit area, so know all about winnning the lottery, otherwise known as getting a job for auto co, port union or pretty much any GOVT job with a GED. We know that super high wages/benefits (for the work done) have added about $1500 per car. But Rick Wagoner gets to keep his job even though HE signed those union contracts too.But are the guys in Hollywood or Wall St saints? They take (otherwise known as theft) salary/bonuses as a percent of revenue in one unit instead of total company profits as in every other business. Then they dont pay taxes on the movie because they uses accounting tricks to claim that the movie lost money when it grossed $150M. How much of that theft is in the $11 movie ticket? $18.4 billion bonus total for 2008 on Wall St while many firms went bankrupt/bought for $1 or bailed out by taxpayers? Where do you think that money came from? Stolen from taxpayers/shareholders.
Its a damn good thing those unions workers are lazy or else they would go torch Wall St, but they wouldn’t find it anyway cause the nav system on the GM car would take them to the Chrysler plant.
February 17, 2009 at 7:32 PM #348744Participant[quote=macromaniac]Pigs,
I worked for GM back in the early 90’s in the automotive engineering department in Dayton, OH. I have never witnessed more inefficiency in my entire life.
I would roll in to the shop in the morning and no lie every guy in the union doing stamping would be sitting there reading the paper, smoking cigars, and just sitting on their ass until 10:00 a.m.
If I needed something on a RUSH forget about it. Unions breed laziness, contentment, and bankrupt businesses. I witnessed this first hand. There day has come and they are going to get the old suicide squeeze if Mama Obama grows a pair….
[/quote]
graduated HS in Detroit area, so know all about winnning the lottery, otherwise known as getting a job for auto co, port union or pretty much any GOVT job with a GED. We know that super high wages/benefits (for the work done) have added about $1500 per car. But Rick Wagoner gets to keep his job even though HE signed those union contracts too.But are the guys in Hollywood or Wall St saints? They take (otherwise known as theft) salary/bonuses as a percent of revenue in one unit instead of total company profits as in every other business. Then they dont pay taxes on the movie because they uses accounting tricks to claim that the movie lost money when it grossed $150M. How much of that theft is in the $11 movie ticket? $18.4 billion bonus total for 2008 on Wall St while many firms went bankrupt/bought for $1 or bailed out by taxpayers? Where do you think that money came from? Stolen from taxpayers/shareholders.
Its a damn good thing those unions workers are lazy or else they would go torch Wall St, but they wouldn’t find it anyway cause the nav system on the GM car would take them to the Chrysler plant.
February 17, 2009 at 7:32 PM #348863Participant[quote=macromaniac]Pigs,
I worked for GM back in the early 90’s in the automotive engineering department in Dayton, OH. I have never witnessed more inefficiency in my entire life.
I would roll in to the shop in the morning and no lie every guy in the union doing stamping would be sitting there reading the paper, smoking cigars, and just sitting on their ass until 10:00 a.m.
If I needed something on a RUSH forget about it. Unions breed laziness, contentment, and bankrupt businesses. I witnessed this first hand. There day has come and they are going to get the old suicide squeeze if Mama Obama grows a pair….
[/quote]
graduated HS in Detroit area, so know all about winnning the lottery, otherwise known as getting a job for auto co, port union or pretty much any GOVT job with a GED. We know that super high wages/benefits (for the work done) have added about $1500 per car. But Rick Wagoner gets to keep his job even though HE signed those union contracts too.But are the guys in Hollywood or Wall St saints? They take (otherwise known as theft) salary/bonuses as a percent of revenue in one unit instead of total company profits as in every other business. Then they dont pay taxes on the movie because they uses accounting tricks to claim that the movie lost money when it grossed $150M. How much of that theft is in the $11 movie ticket? $18.4 billion bonus total for 2008 on Wall St while many firms went bankrupt/bought for $1 or bailed out by taxpayers? Where do you think that money came from? Stolen from taxpayers/shareholders.
Its a damn good thing those unions workers are lazy or else they would go torch Wall St, but they wouldn’t find it anyway cause the nav system on the GM car would take them to the Chrysler plant.
February 17, 2009 at 7:32 PM #348895Participant[quote=macromaniac]Pigs,
I worked for GM back in the early 90’s in the automotive engineering department in Dayton, OH. I have never witnessed more inefficiency in my entire life.
I would roll in to the shop in the morning and no lie every guy in the union doing stamping would be sitting there reading the paper, smoking cigars, and just sitting on their ass until 10:00 a.m.
If I needed something on a RUSH forget about it. Unions breed laziness, contentment, and bankrupt businesses. I witnessed this first hand. There day has come and they are going to get the old suicide squeeze if Mama Obama grows a pair….
[/quote]
graduated HS in Detroit area, so know all about winnning the lottery, otherwise known as getting a job for auto co, port union or pretty much any GOVT job with a GED. We know that super high wages/benefits (for the work done) have added about $1500 per car. But Rick Wagoner gets to keep his job even though HE signed those union contracts too.But are the guys in Hollywood or Wall St saints? They take (otherwise known as theft) salary/bonuses as a percent of revenue in one unit instead of total company profits as in every other business. Then they dont pay taxes on the movie because they uses accounting tricks to claim that the movie lost money when it grossed $150M. How much of that theft is in the $11 movie ticket? $18.4 billion bonus total for 2008 on Wall St while many firms went bankrupt/bought for $1 or bailed out by taxpayers? Where do you think that money came from? Stolen from taxpayers/shareholders.
Its a damn good thing those unions workers are lazy or else they would go torch Wall St, but they wouldn’t find it anyway cause the nav system on the GM car would take them to the Chrysler plant.
February 17, 2009 at 7:32 PM #348997Participant[quote=macromaniac]Pigs,
I worked for GM back in the early 90’s in the automotive engineering department in Dayton, OH. I have never witnessed more inefficiency in my entire life.
I would roll in to the shop in the morning and no lie every guy in the union doing stamping would be sitting there reading the paper, smoking cigars, and just sitting on their ass until 10:00 a.m.
If I needed something on a RUSH forget about it. Unions breed laziness, contentment, and bankrupt businesses. I witnessed this first hand. There day has come and they are going to get the old suicide squeeze if Mama Obama grows a pair….
[/quote]
graduated HS in Detroit area, so know all about winnning the lottery, otherwise known as getting a job for auto co, port union or pretty much any GOVT job with a GED. We know that super high wages/benefits (for the work done) have added about $1500 per car. But Rick Wagoner gets to keep his job even though HE signed those union contracts too.But are the guys in Hollywood or Wall St saints? They take (otherwise known as theft) salary/bonuses as a percent of revenue in one unit instead of total company profits as in every other business. Then they dont pay taxes on the movie because they uses accounting tricks to claim that the movie lost money when it grossed $150M. How much of that theft is in the $11 movie ticket? $18.4 billion bonus total for 2008 on Wall St while many firms went bankrupt/bought for $1 or bailed out by taxpayers? Where do you think that money came from? Stolen from taxpayers/shareholders.
Its a damn good thing those unions workers are lazy or else they would go torch Wall St, but they wouldn’t find it anyway cause the nav system on the GM car would take them to the Chrysler plant.
February 17, 2009 at 7:35 PM #348437Rt.66
ParticipantArraya, GM bought Hummer from AM General they did not “come out with it”.
No need to check facts folks, its not like our domestic auto industry deserves anything as labor intensive as a Google search.
Lithium storage batteries have serious problems and its largly why we don’t have an electric vehicle from GM or Toyota. I’ll let you buy the first model that rolls off any assembly line. Those batteries will be mucho expensive to replace.
Again, its the Government/PTB. Ford makes a powerful diesel engine in europe that gets 60 mpg. Why don’t they build it here?
Is it:
A) American car makers are dumb and suck too hard to do something so smart?
B) Because our Government makes it too hard to do so?
The answers are out there people. Try and train yourselves to jump to conclusions that benefit you instead of hinder yourself and the entire country and our future generations.
Wake TF-up! Start demanding good jobs and good benefits. Start demanding that America produce tangible, useable things again. Start demanding our Governement get out of the way instead of standing in the way. And get off your fellow worker’s back! Realize you’ve been dupped into retarded thinking and move forward.
February 17, 2009 at 7:35 PM #348754ParticipantArraya, GM bought Hummer from AM General they did not “come out with it”.
No need to check facts folks, its not like our domestic auto industry deserves anything as labor intensive as a Google search.
Lithium storage batteries have serious problems and its largly why we don’t have an electric vehicle from GM or Toyota. I’ll let you buy the first model that rolls off any assembly line. Those batteries will be mucho expensive to replace.
Again, its the Government/PTB. Ford makes a powerful diesel engine in europe that gets 60 mpg. Why don’t they build it here?
Is it:
A) American car makers are dumb and suck too hard to do something so smart?
B) Because our Government makes it too hard to do so?
The answers are out there people. Try and train yourselves to jump to conclusions that benefit you instead of hinder yourself and the entire country and our future generations.
Wake TF-up! Start demanding good jobs and good benefits. Start demanding that America produce tangible, useable things again. Start demanding our Governement get out of the way instead of standing in the way. And get off your fellow worker’s back! Realize you’ve been dupped into retarded thinking and move forward.
February 17, 2009 at 7:35 PM #348873ParticipantArraya, GM bought Hummer from AM General they did not “come out with it”.
No need to check facts folks, its not like our domestic auto industry deserves anything as labor intensive as a Google search.
Lithium storage batteries have serious problems and its largly why we don’t have an electric vehicle from GM or Toyota. I’ll let you buy the first model that rolls off any assembly line. Those batteries will be mucho expensive to replace.
Again, its the Government/PTB. Ford makes a powerful diesel engine in europe that gets 60 mpg. Why don’t they build it here?
Is it:
A) American car makers are dumb and suck too hard to do something so smart?
B) Because our Government makes it too hard to do so?
The answers are out there people. Try and train yourselves to jump to conclusions that benefit you instead of hinder yourself and the entire country and our future generations.
Wake TF-up! Start demanding good jobs and good benefits. Start demanding that America produce tangible, useable things again. Start demanding our Governement get out of the way instead of standing in the way. And get off your fellow worker’s back! Realize you’ve been dupped into retarded thinking and move forward.
February 17, 2009 at 7:35 PM #348905ParticipantArraya, GM bought Hummer from AM General they did not “come out with it”.
No need to check facts folks, its not like our domestic auto industry deserves anything as labor intensive as a Google search.
Lithium storage batteries have serious problems and its largly why we don’t have an electric vehicle from GM or Toyota. I’ll let you buy the first model that rolls off any assembly line. Those batteries will be mucho expensive to replace.
Again, its the Government/PTB. Ford makes a powerful diesel engine in europe that gets 60 mpg. Why don’t they build it here?
Is it:
A) American car makers are dumb and suck too hard to do something so smart?
B) Because our Government makes it too hard to do so?
The answers are out there people. Try and train yourselves to jump to conclusions that benefit you instead of hinder yourself and the entire country and our future generations.
Wake TF-up! Start demanding good jobs and good benefits. Start demanding that America produce tangible, useable things again. Start demanding our Governement get out of the way instead of standing in the way. And get off your fellow worker’s back! Realize you’ve been dupped into retarded thinking and move forward.
February 17, 2009 at 7:35 PM #349007ParticipantArraya, GM bought Hummer from AM General they did not “come out with it”.
No need to check facts folks, its not like our domestic auto industry deserves anything as labor intensive as a Google search.
Lithium storage batteries have serious problems and its largly why we don’t have an electric vehicle from GM or Toyota. I’ll let you buy the first model that rolls off any assembly line. Those batteries will be mucho expensive to replace.
Again, its the Government/PTB. Ford makes a powerful diesel engine in europe that gets 60 mpg. Why don’t they build it here?
Is it:
A) American car makers are dumb and suck too hard to do something so smart?
B) Because our Government makes it too hard to do so?
The answers are out there people. Try and train yourselves to jump to conclusions that benefit you instead of hinder yourself and the entire country and our future generations.
Wake TF-up! Start demanding good jobs and good benefits. Start demanding that America produce tangible, useable things again. Start demanding our Governement get out of the way instead of standing in the way. And get off your fellow worker’s back! Realize you’ve been dupped into retarded thinking and move forward.
February 17, 2009 at 7:41 PM #348442Participant[quote=cooprider]Maybe the $47B is to cover the pensions for those 47,000 layoffs.
That and the wonderful UAW.
And Scarlet, most people who come here and start insulting the intelligence of a group that is actually quite educated and insightful only end up looking like the bigger fool in the end.
That or they get banned from the sight. Might want to tone it down a bit.[/quote]
Really? Did you just make that thought intensive statement and then tell me you are educated? $47b to cover 47,000 layoffs? Is that supposed to be funny? Wow your job must be pretty solid to be chucking those kind of Karma rocks.
Banned….ooooooh!
What are you the hall monitor?
February 17, 2009 at 7:41 PM #348759Participant[quote=cooprider]Maybe the $47B is to cover the pensions for those 47,000 layoffs.
That and the wonderful UAW.
And Scarlet, most people who come here and start insulting the intelligence of a group that is actually quite educated and insightful only end up looking like the bigger fool in the end.
That or they get banned from the sight. Might want to tone it down a bit.[/quote]
Really? Did you just make that thought intensive statement and then tell me you are educated? $47b to cover 47,000 layoffs? Is that supposed to be funny? Wow your job must be pretty solid to be chucking those kind of Karma rocks.
Banned….ooooooh!
What are you the hall monitor?
February 17, 2009 at 7:41 PM #348878Participant[quote=cooprider]Maybe the $47B is to cover the pensions for those 47,000 layoffs.
That and the wonderful UAW.
And Scarlet, most people who come here and start insulting the intelligence of a group that is actually quite educated and insightful only end up looking like the bigger fool in the end.
That or they get banned from the sight. Might want to tone it down a bit.[/quote]
Really? Did you just make that thought intensive statement and then tell me you are educated? $47b to cover 47,000 layoffs? Is that supposed to be funny? Wow your job must be pretty solid to be chucking those kind of Karma rocks.
Banned….ooooooh!
What are you the hall monitor?
February 17, 2009 at 7:41 PM #348910Participant[quote=cooprider]Maybe the $47B is to cover the pensions for those 47,000 layoffs.
That and the wonderful UAW.
And Scarlet, most people who come here and start insulting the intelligence of a group that is actually quite educated and insightful only end up looking like the bigger fool in the end.
That or they get banned from the sight. Might want to tone it down a bit.[/quote]
Really? Did you just make that thought intensive statement and then tell me you are educated? $47b to cover 47,000 layoffs? Is that supposed to be funny? Wow your job must be pretty solid to be chucking those kind of Karma rocks.
Banned….ooooooh!
What are you the hall monitor?
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