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#2
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posted to rec.boats
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![]() "Boater" wrote in message ... BAR wrote: Boater wrote: BAR wrote: wrote: On Fri, 14 Nov 2008 12:03:32 -0800 (PST), 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****. Unions and labor costs are not the problem, and never have been. Non union made toyotas and Hondas sell in greater numbers, despite being considerable MORE expensive. GM vehicles are crap. Honda's and Toyota's are good quality vehicles. GM cannot put the effort, money, into quality due to the costs they have to pay for union labor and union benefits. Yep...you are indeed simple-minded. You are always looking at the problem from the labor perspective and immediately assign blame to management. You are the simple-minded idiot. You need to look at it from all angles and find the cause of the problem. Corporations are run by management, not by the workers. Lately, management has been incompetent. It's that simple. Grossly overpaid incompetent management. Unbelieveable the compensation packages they receive while the industry heads for the dumpster. |
#3
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posted to rec.boats
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![]() "Don White" wrote in message ... Grossly overpaid incompetent management. Unbelieveable the compensation packages they receive while the industry heads for the dumpster. Maybe. But they are under a contract to be paid it, just like the members of the UAW employees. As horrifying and ridiculous as it is, it only becomes an issue when times are tough. When GM was making money hand over fist, nobody cared what the top management made. That's also when the employment contracts were written. I am not saying it's right. It's just a matter of fact. In good times the shareholders want the best management their money can buy to maximize their return on investment. In bad times they just want good management. Eisboch |
#4
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posted to rec.boats
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On Nov 14, 4:38 pm, "Eisboch" wrote:
"Don White" wrote in message ... Grossly overpaid incompetent management. Unbelieveable the compensation packages they receive while the industry heads for the dumpster. Maybe. But they are under a contract to be paid it, just like the members of the UAW employees. As horrifying and ridiculous as it is, it only becomes an issue when times are tough. When GM was making money hand over fist, nobody cared what the top management made. That's also when the employment contracts were written. I am not saying it's right. It's just a matter of fact. In good times the shareholders want the best management their money can buy to maximize their return on investment. In bad times they just want good management. Eisboch Here is an interesting set of stats from TCS daily: "Here's a stat from my friend, blogger Mark Perry: Total compensation per hour for the big-three carmakers is $73.20. That's a 52 percent differential from Toyota's (Detroit South) $48 compensation (wages + health and retirement benefits). In fact, the oversized UAW-driven pay package for Detroit is 132 percent higher than that of the entire manufacturing sector of the U.S., which comes in at $31.59." So, the Dems want to bail out this bloated dinosaur? |
#5
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posted to rec.boats
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![]() "Frogwatch" wrote in message ... "Here's a stat from my friend, blogger Mark Perry: Total compensation per hour for the big-three carmakers is $73.20. That's a 52 percent differential from Toyota's (Detroit South) $48 compensation (wages + health and retirement benefits). In fact, the oversized UAW-driven pay package for Detroit is 132 percent higher than that of the entire manufacturing sector of the U.S., which comes in at $31.59." So, the Dems want to bail out this bloated dinosaur? Please don't confuse our left leaning, union supporters with facts. You'll just get called nasty names. They have a good thing going. Eisboch |
#6
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posted to rec.boats
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On Nov 14, 3:43*pm, Frogwatch wrote:
On Nov 14, 4:38 pm, "Eisboch" wrote: "Don White" wrote in message .. . Grossly overpaid incompetent management. *Unbelieveable the compensation packages they receive while the industry heads for the dumpster. Maybe. *But they are under a contract to be paid it, just like the members of the UAW employees. As horrifying and ridiculous as it is, it only becomes an issue when times are tough. *When GM was making money hand over fist, nobody cared what the top management made. * That's also when the employment contracts were written. I am not saying it's right. *It's just a matter of fact. * In good times the shareholders want the best management their money can buy to maximize their return on investment. * In bad times they just want good management. Eisboch Here is an interesting set of stats from TCS daily: "Here's a stat from my friend, blogger Mark Perry: Total compensation per hour for the big-three carmakers is $73.20. I would say that the posted rate is more than generous. Bloody well more than generous. |
#7
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posted to rec.boats
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On Fri, 14 Nov 2008 13:43:34 -0800 (PST), Frogwatch
wrote: On Nov 14, 4:38 pm, "Eisboch" wrote: "Don White" wrote in message ... Grossly overpaid incompetent management. Unbelieveable the compensation packages they receive while the industry heads for the dumpster. Maybe. But they are under a contract to be paid it, just like the members of the UAW employees. As horrifying and ridiculous as it is, it only becomes an issue when times are tough. When GM was making money hand over fist, nobody cared what the top management made. That's also when the employment contracts were written. I am not saying it's right. It's just a matter of fact. In good times the shareholders want the best management their money can buy to maximize their return on investment. In bad times they just want good management. Eisboch Here is an interesting set of stats from TCS daily: "Here's a stat from my friend, blogger Mark Perry: Total compensation per hour for the big-three carmakers is $73.20. That's a 52 percent differential from Toyota's (Detroit South) $48 compensation (wages + health and retirement benefits). In fact, the oversized UAW-driven pay package for Detroit is 132 percent higher than that of the entire manufacturing sector of the U.S., which comes in at $31.59." So, the Dems want to bail out this bloated dinosaur? My kid is a union electrician, and he is pretty good at it, for thirty bucks an hour. Casady |
#8
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posted to rec.boats
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Eisboch wrote:
"Don White" wrote in message ... Grossly overpaid incompetent management. Unbelieveable the compensation packages they receive while the industry heads for the dumpster. Maybe. But they are under a contract to be paid it, just like the members of the UAW employees. As horrifying and ridiculous as it is, it only becomes an issue when times are tough. When GM was making money hand over fist, nobody cared what the top management made. That's also when the employment contracts were written. I am not saying it's right. It's just a matter of fact. In good times the shareholders want the best management their money can buy to maximize their return on investment. In bad times they just want good management. Eisboch You think there is a connection between "the best management" and the astronomical deals many of these execs get? I don't. |
#9
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posted to rec.boats
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![]() "Boater" wrote in message ... Eisboch wrote: "Don White" wrote in message ... Grossly overpaid incompetent management. Unbelieveable the compensation packages they receive while the industry heads for the dumpster. Maybe. But they are under a contract to be paid it, just like the members of the UAW employees. As horrifying and ridiculous as it is, it only becomes an issue when times are tough. When GM was making money hand over fist, nobody cared what the top management made. That's also when the employment contracts were written. I am not saying it's right. It's just a matter of fact. In good times the shareholders want the best management their money can buy to maximize their return on investment. In bad times they just want good management. Eisboch You think there is a connection between "the best management" and the astronomical deals many of these execs get? I don't. My point was that nobody complained when times were good. Eisboch |
#10
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posted to rec.boats
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Eisboch wrote:
"Boater" wrote in message ... Eisboch wrote: "Don White" wrote in message ... Grossly overpaid incompetent management. Unbelieveable the compensation packages they receive while the industry heads for the dumpster. Maybe. But they are under a contract to be paid it, just like the members of the UAW employees. As horrifying and ridiculous as it is, it only becomes an issue when times are tough. When GM was making money hand over fist, nobody cared what the top management made. That's also when the employment contracts were written. I am not saying it's right. It's just a matter of fact. In good times the shareholders want the best management their money can buy to maximize their return on investment. In bad times they just want good management. Eisboch You think there is a connection between "the best management" and the astronomical deals many of these execs get? I don't. My point was that nobody complained when times were good. Eisboch Oh, there were complaints aplenty. But probably not where you look. No offense. |
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