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Calif Bill

"tin cup" wrote in message
...
wrote:
On Nov 14, 6:50 pm, "Canuck57" wrote:
"tin cup" wrote in message

...

Frogwatch wrote:
The Dems want to give 25 Billion to their friends at GM while GM
builds the worst sorta crap I have ever seen. Their unions and
management deserve to fail for giving us such garbage. They have
designed the worst sort of vehicles that nobody wants when gas prices
are high and their quality is still on the bottom. The unions priced
themselves out of work and the management allowed short term thinking
that produced the gas hogs they cannot give away. No bailouts for
Bull****.
The Unions didn't do squat.
The bean counters and Wall Street's demand for maximum spread and
gambling
did them in along with the rest of us.
How come you idiots keep blaming American workers whether they are in a
union or not. Obviously you are running a quicker mart or whatever and
paying your wage slaves 7.50 an hour no benefits and fire them before 6
mos.
Now we know why some have a tin cup and others have a gold cup.

Wall Street just prices the company to fair market value. If GM made a
profit, a real total bottom line net profit in the last 30 years they
would
be debt free, had a 1/2 dozen stock splits and the company would be
solid
like a rock.

But unions picked the company apart and management let it happen and the
board members didn't do a damn thing.

I do remember back in the mid 1970's. It seemed that the UAW would
strike and picket GM at the drop of a hat. What for? Higher wages, of
course! Then came the cars that were one third the size of the
earlier part of the 70's, with even more shoddy material and
workmanship, and cost about one third more than the larger machines of
the earlier portion of the same decade.
So...... the unions designed the cars???
The CEO and Board and many levels of mgt made perhaps 20 to 50 times
average Employee...the Employee is greedy????

Yup, they are greedy, so are the unions. And excess greed is why they are
in the dire straits they are in.