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What about the basic metals and industry .??

GemineyeGemineye Posts: 5,374 ✭
in Precious Metals
Our auto industry is facing a collapse because they need money.The government wants them to cut their wages down to par as the Japanese car companies.I can't believe it...?!?!I thought the war with Japan was over.If the american auto industry employees give back any more to compete then there will be more to come.
Other sectors of our country will be forced to lose wages more and more.If you are going to blame the unions I guess the teachers should give in too because they have unions and retirement plans and benifits too.Where does it end.Maybe the coal workers should also give in.
I hope the UAW remains strong and our industrial base in this country doesn't fall apart.....
......Larry........image

Comments

  • DeadhorseDeadhorse Posts: 3,720 ✭
    The UAW is the problem here.

    The auto industry is paying THREE times as many workers in retirement as they are paying those who are actually working.

    With a payroll burden like that, it's no wonder US car makers can't stay afloat.

    Approximately 250,000 workers are currently employed while approx 725,000 are still drawing 80% of their salaries including healthcare for their families.

    That's outrageous! No company can operate competitively under such a load.

    Got nothing at all to do with Japanese or foreign cars on the market place. Thanks to the UAW, they can't be competive and stay in business.

    If I were in charge, I'd file for bankruptcy and get rid if the UAW. Get a fresh start and move on. The UAW has killed the golden goose here and they have no one to blame but themselves.

    No bailout, it's not going to help the companies or the workers, it's only about saving the UAW. They are not the taxpayers responsibility.

    BTW, the teacher's union already got their bailout. AIG holds 80% of the various state's unions retirement plans. That's the major reason they were bailed out when AIG certainly wasn't deserving of it.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • GemineyeGemineye Posts: 5,374 ✭


    << <i>The UAW is the problem here.
    The auto industry is paying THREE times as many workers in retirement as they are paying those who are actually working. >>



    I guess when you work for a company for many years and pay into your retirement with the loaded rate the company don't owe you nothin' when it's time to go.I certainly don't want to live in your world.
    ......Larry........image
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>

    << <i>The UAW is the problem here.
    The auto industry is paying THREE times as many workers in retirement as they are paying those who are actually working. >>



    I guess when you work for a company for many years and pay into your retirement with the loaded rate the company don't owe you nothin' when it's time to go.I certainly don't want to live in your world. >>




    I'm sorry that you don't get it.

    80% of full salary for life is absurd, particularly when you add in full medical for family.

    The union IS the problem here and they have killed the goose. They are nothing but a parasite.

    Nothing to do with "my" world, though I expected you would react that way.

    The vast majority of people in this country don't have that cradle to grave mentality.

    Unions have long outlived their usefulness.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • GemineyeGemineye Posts: 5,374 ✭


    << <i>Unions have long outlived their usefulness. >>


    Let the government bail you out then.
    edit.. Case closed
    ......Larry........image
  • DeadhorseDeadhorse Posts: 3,720 ✭
    Can someone translate for me?

    What case is closed?

    Let's see, you have an organized criminal union making their officers rich via strongarming the industry while making promises to bolt tighteners and filling their coffers at the workers expense.

    Yeah, that should work just fine, and for life for everyone.

    Too late now, the parasite has nearly killed it's host.

    The only hope for the workers to have jobs is through bankruptcy and shedding the UAW for good.

    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • GemineyeGemineye Posts: 5,374 ✭
    DH...you say I don't get it.I think you are the one that doesn't.years ago people had trades and these trades were past onto their families and generations down the line.There were apprentices and blacksmiths and people held these trades in high esteem.Factory workers replaced these family trades.To stop the rich ownersfrom too much power, unions had to be formed to protect the workers.
    All unions are not corrupt as you say..
    Working people in America need health benifts and a decent retirement..... this is not Japan ..Deadhorse if you don't see that I'm sorry for You..

    ......Larry........image
  • RonLJrRonLJr Posts: 174
    The unions have out lived what they were first intended for and if the UAW cant give a little" F "em
    Connecting a Windows PC to the Internet is like dressing in hundred-dollar bills and taking a walk in a bad neighborhood.
  • BearBear Posts: 18,953 ✭✭✭
    The key is that the Repugs wanted the Unions to agree to parity immediately. The

    Unions said that the could do it by 2011.Obviously the answer is to phase in the cuts

    starting Immediately intil they are roughly at a par with Toyota by 1010.
    There once was a place called
    Camelotimage
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    All unions are not corrupt as you say..

    Unions only care about bringing in more $$ for the union leaders. It probably hasn't ever been about caring for the workers. If such a time ever existed, it was decades ago. The days of inifinite promises for workers, retirees, pensionees, etc. are long gone.

    Once the new union bill gets passed in 2009 (strongly supported by HRC, BHO, Nancy Pelosi, Harry Reid), this will give the unions even more strength to gain additional footholds. It certainly won't speed up the eventual economic recovery.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>DH...you say I don't get it.I think you are the one that doesn't.years ago people had trades and these trades were past onto their families and generations down the line.There were apprentices and blacksmiths and people held these trades in high esteem.Factory workers replaced these family trades.To stop the rich ownersfrom too much power, unions had to be formed to protect the workers. >>




    Is this the fairy tale that Jimmy Hoffa used to tell his children as a bedtime story?

    Long, long ago there was a need for unions. However, by their very nature and inherent power they became corrupt.

    Now they are in bed with organized crime and totally enmeshed with corruption and grabs for more and more power.

    They don't give a damn about the workers, but it makes for a nice cover story, in fact it's the only cover they have left.

    As parasites, they have drained their hosts and are now left with emotional pleating and still pushing the "workers" needs as if they actually cared.

    The UAW has become all the bad things that a union can be and is likely the best example of the worst that a union can become.

    Any lost jobs rest at the feet of the contemptable and power mad UAW, nowhere else.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • lathmachlathmach Posts: 4,720 ✭
    I'm a machine shop owner.
    I make car parts.
    I make the dies used for making sun roofs on almost all makes of cars.
    I make some sunroof parts as well.
    I make the tonneau cover rails for Honda pickup trucks.
    I am not anti union.
    Unions have done a lot for the working people in this country.
    I agree though, that something must be done to help make American products, especially cars, more competitive on the world market.
    China will be entering the U.S. market this year with a car equal to the Toyota Camry. It will be priced $3000 less.
    Currently, no U.S. automaker can compete with this Chinese car.
    What's the solution to the problem?

    Ray
  • TrustNo1TrustNo1 Posts: 1,359 ✭
    yeah its all the republicans' fault. image let the UAW float them a loan. Im sure they have plenty of $$ ...In fact anyone who wants these companies saved should take their tax refunds and send it to them or get over it.
  • GemineyeGemineye Posts: 5,374 ✭
    Addressing Deadhorses'concern about corrupt unions..I guess the police and firefighters unions are corrupt also by your logic and they have had their day.
    The point of the matter is that there should be a go-between from management and worker to hear both sides of issues.There are times when it is benificial for a discussion of events or bargaining.Moreover it is that most of the stock in the companies with union workers with benefits are held by them and share the burdeon with the management.
    The solution is not to bring down and reduce or cut our wages and benefits but to protect our own.The only way is a form of protectionism to buy our own and support our own.It is the only way.It may sound extreme to some but when your at a crossroad to protect your own environment from the outside....you don't let the outsider in.....JMO....
    ......Larry........image
  • dimplesdimples Posts: 1,286 ✭✭✭
    Here in Suffolk county Long Island cops make $100,000 Base pay after 5 years....meanwhile the average income here is $50,000

    Do you see something wrong here?
  • GemineyeGemineye Posts: 5,374 ✭


    << <i>Here in Suffolk county Long Island cops make $100,000 Base pay after 5 years....meanwhile the average income here is $50,000

    Do you see something wrong here? >>


    I know of officers and am related to law enforcement.I do not denegrade their pay.I do however look at our property tax structure and cannot figure where the New York State Lottery money is going if half is supposed to be for school tax.The lottery winnings are always millions of dollars but our tax burdeons keep rising and rising.
    Now with the new recent over 50 Billion $$$ trade scandle that some dude just ripped off by himself he could have bailed out the auto industry all by himself....!!!..and keep people working on the job...
    ......Larry........image
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