Home › Forums › Financial Markets/Economics › GM seeks up to $30B in aid, to cut 47,000 jobs
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March 3, 2009 at 2:07 PM #360018March 3, 2009 at 2:10 PM #359436CoronitaParticipant
[quote=Scarlet][quote=svelte]
Can’t they manage their business?? They should be shut down too!
[/quote]LOL,
Seems after decades of Government support (the Japanese Gov. even funded Toyota’s Hybrid program), assistance and the entire might of Japan running interference, clearing the way to easy victory with unfair trade policies and currency manipulation Toyota is back at the Gov. trough.
Next up, the Japanese people demanding the demise of Toyota? [/quote]
Scarlet, just go buy a new GM car and show your patriotism. And like i said, put your money where your mouth is.
Frankly, GM would be better off to restructure. I want GM/Ford/Chrysler to survive and build better cars. But that would probably mean throwing a significant portion of the people onto the street and redoing all the contracts with UAW.
March 3, 2009 at 2:10 PM #359738CoronitaParticipant[quote=Scarlet][quote=svelte]
Can’t they manage their business?? They should be shut down too!
[/quote]LOL,
Seems after decades of Government support (the Japanese Gov. even funded Toyota’s Hybrid program), assistance and the entire might of Japan running interference, clearing the way to easy victory with unfair trade policies and currency manipulation Toyota is back at the Gov. trough.
Next up, the Japanese people demanding the demise of Toyota? [/quote]
Scarlet, just go buy a new GM car and show your patriotism. And like i said, put your money where your mouth is.
Frankly, GM would be better off to restructure. I want GM/Ford/Chrysler to survive and build better cars. But that would probably mean throwing a significant portion of the people onto the street and redoing all the contracts with UAW.
March 3, 2009 at 2:10 PM #359883CoronitaParticipant[quote=Scarlet][quote=svelte]
Can’t they manage their business?? They should be shut down too!
[/quote]LOL,
Seems after decades of Government support (the Japanese Gov. even funded Toyota’s Hybrid program), assistance and the entire might of Japan running interference, clearing the way to easy victory with unfair trade policies and currency manipulation Toyota is back at the Gov. trough.
Next up, the Japanese people demanding the demise of Toyota? [/quote]
Scarlet, just go buy a new GM car and show your patriotism. And like i said, put your money where your mouth is.
Frankly, GM would be better off to restructure. I want GM/Ford/Chrysler to survive and build better cars. But that would probably mean throwing a significant portion of the people onto the street and redoing all the contracts with UAW.
March 3, 2009 at 2:10 PM #359919CoronitaParticipant[quote=Scarlet][quote=svelte]
Can’t they manage their business?? They should be shut down too!
[/quote]LOL,
Seems after decades of Government support (the Japanese Gov. even funded Toyota’s Hybrid program), assistance and the entire might of Japan running interference, clearing the way to easy victory with unfair trade policies and currency manipulation Toyota is back at the Gov. trough.
Next up, the Japanese people demanding the demise of Toyota? [/quote]
Scarlet, just go buy a new GM car and show your patriotism. And like i said, put your money where your mouth is.
Frankly, GM would be better off to restructure. I want GM/Ford/Chrysler to survive and build better cars. But that would probably mean throwing a significant portion of the people onto the street and redoing all the contracts with UAW.
March 3, 2009 at 2:10 PM #360024CoronitaParticipant[quote=Scarlet][quote=svelte]
Can’t they manage their business?? They should be shut down too!
[/quote]LOL,
Seems after decades of Government support (the Japanese Gov. even funded Toyota’s Hybrid program), assistance and the entire might of Japan running interference, clearing the way to easy victory with unfair trade policies and currency manipulation Toyota is back at the Gov. trough.
Next up, the Japanese people demanding the demise of Toyota? [/quote]
Scarlet, just go buy a new GM car and show your patriotism. And like i said, put your money where your mouth is.
Frankly, GM would be better off to restructure. I want GM/Ford/Chrysler to survive and build better cars. But that would probably mean throwing a significant portion of the people onto the street and redoing all the contracts with UAW.
March 3, 2009 at 2:18 PM #359441macromaniacParticipantIf a business or a business model cannot sustain itself then Bankruptcy allows it time to re-evaluate, make the necessary changes, get lean and efficient again, restructure debt, and give it another shot….along with PUTTING EVERYTHING OUT ON THE TABLE to see what is really going on…..
If a UAW worker does not want to accept a pay cut then he or she can go get another job somewhere…this is happening everywhere right now…
If an executive at GM and FORD does not want to take a pay cut then they can find another job.
Too much fat in these organizations…they need to BK and clean house and start fresh….
March 3, 2009 at 2:18 PM #359743macromaniacParticipantIf a business or a business model cannot sustain itself then Bankruptcy allows it time to re-evaluate, make the necessary changes, get lean and efficient again, restructure debt, and give it another shot….along with PUTTING EVERYTHING OUT ON THE TABLE to see what is really going on…..
If a UAW worker does not want to accept a pay cut then he or she can go get another job somewhere…this is happening everywhere right now…
If an executive at GM and FORD does not want to take a pay cut then they can find another job.
Too much fat in these organizations…they need to BK and clean house and start fresh….
March 3, 2009 at 2:18 PM #359888macromaniacParticipantIf a business or a business model cannot sustain itself then Bankruptcy allows it time to re-evaluate, make the necessary changes, get lean and efficient again, restructure debt, and give it another shot….along with PUTTING EVERYTHING OUT ON THE TABLE to see what is really going on…..
If a UAW worker does not want to accept a pay cut then he or she can go get another job somewhere…this is happening everywhere right now…
If an executive at GM and FORD does not want to take a pay cut then they can find another job.
Too much fat in these organizations…they need to BK and clean house and start fresh….
March 3, 2009 at 2:18 PM #359924macromaniacParticipantIf a business or a business model cannot sustain itself then Bankruptcy allows it time to re-evaluate, make the necessary changes, get lean and efficient again, restructure debt, and give it another shot….along with PUTTING EVERYTHING OUT ON THE TABLE to see what is really going on…..
If a UAW worker does not want to accept a pay cut then he or she can go get another job somewhere…this is happening everywhere right now…
If an executive at GM and FORD does not want to take a pay cut then they can find another job.
Too much fat in these organizations…they need to BK and clean house and start fresh….
March 3, 2009 at 2:18 PM #360029macromaniacParticipantIf a business or a business model cannot sustain itself then Bankruptcy allows it time to re-evaluate, make the necessary changes, get lean and efficient again, restructure debt, and give it another shot….along with PUTTING EVERYTHING OUT ON THE TABLE to see what is really going on…..
If a UAW worker does not want to accept a pay cut then he or she can go get another job somewhere…this is happening everywhere right now…
If an executive at GM and FORD does not want to take a pay cut then they can find another job.
Too much fat in these organizations…they need to BK and clean house and start fresh….
March 3, 2009 at 2:48 PM #359481Rt.66ParticipantAgreed, but I would have them start at the failed trade policys of the last 40 years. Why punish any American worker for bad Government policies or the greed of the wealthiest individuals in America, the Elite.
If our Government subjected our industries to unfair trade pressure because they had globalism in mind and not America or the American worker then why should we accept the loss? How about the Government sending Japan a reparations bill for every car they sold under antagonistic trade terms during the last 30 years?
Bet that would save a few US jobs?
Why are we the workers paying the cost for everything? Eventually we have to say no more! No more jobs going overseas, no more tax credits for US companies who send jobs offshore, no more layoffs, less imports instead! We could fix GM, Ford and Chrysler and get them back hiring if we level the playing field or maybe we might even have to tilt the field our way for a while.
You do not want to see what a US that does not even build its own cars looks like. Would you rather see Japan slapped with a VERY deserved tarrif or 1 million American elderly retirees lose the retirement they worked for, were promised and count on?
March 3, 2009 at 2:48 PM #359784Rt.66ParticipantAgreed, but I would have them start at the failed trade policys of the last 40 years. Why punish any American worker for bad Government policies or the greed of the wealthiest individuals in America, the Elite.
If our Government subjected our industries to unfair trade pressure because they had globalism in mind and not America or the American worker then why should we accept the loss? How about the Government sending Japan a reparations bill for every car they sold under antagonistic trade terms during the last 30 years?
Bet that would save a few US jobs?
Why are we the workers paying the cost for everything? Eventually we have to say no more! No more jobs going overseas, no more tax credits for US companies who send jobs offshore, no more layoffs, less imports instead! We could fix GM, Ford and Chrysler and get them back hiring if we level the playing field or maybe we might even have to tilt the field our way for a while.
You do not want to see what a US that does not even build its own cars looks like. Would you rather see Japan slapped with a VERY deserved tarrif or 1 million American elderly retirees lose the retirement they worked for, were promised and count on?
March 3, 2009 at 2:48 PM #359927Rt.66ParticipantAgreed, but I would have them start at the failed trade policys of the last 40 years. Why punish any American worker for bad Government policies or the greed of the wealthiest individuals in America, the Elite.
If our Government subjected our industries to unfair trade pressure because they had globalism in mind and not America or the American worker then why should we accept the loss? How about the Government sending Japan a reparations bill for every car they sold under antagonistic trade terms during the last 30 years?
Bet that would save a few US jobs?
Why are we the workers paying the cost for everything? Eventually we have to say no more! No more jobs going overseas, no more tax credits for US companies who send jobs offshore, no more layoffs, less imports instead! We could fix GM, Ford and Chrysler and get them back hiring if we level the playing field or maybe we might even have to tilt the field our way for a while.
You do not want to see what a US that does not even build its own cars looks like. Would you rather see Japan slapped with a VERY deserved tarrif or 1 million American elderly retirees lose the retirement they worked for, were promised and count on?
March 3, 2009 at 2:48 PM #359964Rt.66ParticipantAgreed, but I would have them start at the failed trade policys of the last 40 years. Why punish any American worker for bad Government policies or the greed of the wealthiest individuals in America, the Elite.
If our Government subjected our industries to unfair trade pressure because they had globalism in mind and not America or the American worker then why should we accept the loss? How about the Government sending Japan a reparations bill for every car they sold under antagonistic trade terms during the last 30 years?
Bet that would save a few US jobs?
Why are we the workers paying the cost for everything? Eventually we have to say no more! No more jobs going overseas, no more tax credits for US companies who send jobs offshore, no more layoffs, less imports instead! We could fix GM, Ford and Chrysler and get them back hiring if we level the playing field or maybe we might even have to tilt the field our way for a while.
You do not want to see what a US that does not even build its own cars looks like. Would you rather see Japan slapped with a VERY deserved tarrif or 1 million American elderly retirees lose the retirement they worked for, were promised and count on?
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