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First recorded activity by BoatBanter: Dec 2009
Posts: 4,106
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BREAKING: Brown Wins in Mass. Race
On Sun, 24 Jan 2010 20:51:46 -0800, "CalifBill"
wrote:
"bpuharic" wrote in message
.. .
On Sun, 24 Jan 2010 18:36:06 -0500, wrote:
On Sun, 24 Jan 2010 12:24:30 -0500, bpuharic wrote:
What was GM's largest financial liability?
it wasn't labor. labor accounts for less than 10% of a car's cost
try again...you already proved how much right wingers hate the middle
class when you blamed us for the financial meltdown, instead of your
god, wall street.
You try again, The biggest cost of a GM car was the pension and
benefit obligation
... and we ARE the middle class
and in many other countries, such costs are picked up by the govt. the
US is engaged in a race to the bottom
And where does the "government" get this mana from heaven?
by holding down healthcare costs and distributing costs to industries
that are domestic rather than competing worldwide like GM does
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