"HK" wrote in message
...
Eisboch wrote:
"Calif Bill" wrote in message
m...
GM,. FORD, Etc. Are in deep trouble because of the fixed costs. A
major one is retiree medical costs. Yes they were poorly run. Years
ago, when they had most of the worlds car markets, they gave the unions
anything they asked for. Has come back to bite them in the ass.
Toyota, etc. assembling cars here in the US, have not been here long
enough to have much in the retiree line. GM's union manual is 1000's of
pages. defines all the job categories and what that category can do.
Toyotas is about 100 pages and they can require a worker to what ever
job is required. From putting doors on to sweeping the floor. Must
better negotiators. When they should have layed off people, they kept
1000's on the payroll per union agreements. They did no work. Bad
management is correct.
According to people like Harry, GM and Ford didn't give the unions
enough.
Eisboch
What *I* stated was that the U.S. car makers were poorly managed, with
overpaid white collar mid and upper management. Many large U.S.
corporations grossly overcompensate "management." There have been plenty
of news stories about the tens of millions of dollars paid to top execs at
the same time the companies they run are failing.
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And there are many grossly overpaid incompetent blue collar workers under
union protection. Does anyone bother to add up those costs?