BoatBanter.com - View Single Post

John[_6_]

On Fri, 12 Dec 2008 08:16:55 -0800 (PST), wrote:

On Dec 12, 10:54*am, Boater wrote:
Reginald P. Smithers III, Esq. wrote:

wrote:
On Fri, 12 Dec 2008 08:19:04 -0500, Tom Francis - SWSports wrote:

Speaking of competition, it looks like the UAW won last night. They get
to keep their high salaries. They won't have to accept the drivel given
to the employees at Toyota and Honda.

Of course, that's only for the next few weeks.

They must be Yale graduates also.
Well duh...

That's the dumbest F'n decision, I think I've seen in my life. *
McConnell must like Russian Roulette. *After already giving $350
billion to Wall Street to keep the markets afloat, he's unwilling to
spend $14 billion. *That's one month's spending in Iraq.
If I'm not mistaken, there will be a bloodbath on Wall Street today. *
Republicans sure know how to instill confidence in the economy.

One of the first steps any company needs to insure it's long term
viability is that it's cost structure is competitive. *Since labor is
about 10% of the cost of the car, it makes sense for labor to agree to a
competitive salary to keep their jobs for the long term. *It looks to me
that the UAW and the Senate are not playing Russian Roulette, it is more
like "Chicken" in a auto, to see who will swerve.

The southern Republicans in the Senate who turned down the deal did so
to protect the future sales of the foreign-owned car manufacturers on
their turf. It was patently obvious that they feel the failure of the
American automakers will increase marketshare for the plants in their
states.- Hide quoted text -

- Show quoted text -

I don't suppose that given the chance, the northern Democrats in the
Senate would try to protect their interests, no would they?

Not a bad point, Loog.
--
John