On Mon, 08 Dec 2008 08:59:56 -0500, Jim wrote:

Boater wrote:
Eisboch wrote:
"Boater" wrote in message
...
Eisboch wrote:
"Boater" wrote in message
...
I do think Ford and GM would be better off, as would their workers,
if good foreign management took over there, management from Japan
or Korea. with buyouts for the current organized employees, and a
new unionized deal for new hires, with a quality "national" health
care plan so the employers aren't burdened with that.

I have no faith in U.S. corporate management and its B-school
mentality.


Overall, I agree. I am not sure that fresh, innovative management
cannot be found here in the US, but I won't argue the need to get
away from traditional business and MBA concepts.

I also believe in and respect the concept of a contract. The
current organized employees need to be considered and fairly
treated. However, contracts, by design, can be renegotiated,
particularly in troubled times when absolute adherence to them puts
the whole operation at risk.

I couldn't agree more that businesses should not be the
administrators of health plans.

Eisboch

I haven't seen the numbers, but I wonder what American corporations
would have to do if they were required to fund their pension
liabilities.


I don't know because I am not very familiar with corporations with
pension plans.
Most small businesses (that employs the most people) typically don't
have pension plans.
They may have 401k's and/or similar and may make some form of matching
contributions, along with matching contributions to SS benefits.
That's about it, and that's how the majority of people plan for
retirement.

Eisboch



Ahhh 401k's.... Too bad about those.

And that's about how we feel about bailing out union pensions. Too bad.
So sad.

The irony escapes him.
--
John H.