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Bridge loan to nowhere..
On Dec 8, 5:32*am, Tom Francis - SWSports
wrote: On Sun, 07 Dec 2008 19:30:09 -0600, wrote: From my perspective, eventually, several major car manufacturers are going to fail anyway. *There seems to be a glut of manufacturers with very few open markets. You know - you have good points, I think I have good points, Dick has good points - we've all got some really good points. And then there's bull**** like this. http://seattletimes.nwsource.com/htm...478150_favor07.... I mean seriously - the taxpayer gets f'd over everyday with crap like this -what's 34 billion to keep Union workers from not working at 95% of their base pay. Nothing. I've changed my mind - bail everybody out. *I'm going to do something like Eisboch - start a new business and apply for a bail out six months down the road. What the heck - might as well get in on the deal. Tom, I'd say to stand in line. it would probably be a long one at that. |
Bridge loan to nowhere..
Boater wrote:
Tom Francis - SWSports wrote: On Sun, 07 Dec 2008 16:51:16 -0600, wrote: Frankly, I don't give a damn about GM. During normal times, I'd say let them go under, but in these times, I think the risk of letting them fail is too big. The bridge *loan* they are talking about is 1/10 what we have already spent on Wall Street, and only a couple of months of the spending we've been doing in Iraq for years. I understand and I don't think it's funny at all - it is very serious. However, I've been through this - I'm, and you, are old enough to remember '56 which was as bad if not worse than now. We all survived, our father's got new jobs and life went on. Too bad we've lost more than a million jobs in the last year. But I am sure there are jobs aplenty for everyone, including the aging GM workforce. It is amazing that as the population increases and more of the youth come onto the rolls of job seekers that we don't have 50, 75 or 100 million people out of work. If we are to believe the naysayers then our percentage of jobless in the USA would increase over time without ever decreasing. The strange thing is that it keeps fluctuating between 4% and 7% regardless of the size of our population? Can you explain any of this Harry? |
Bridge loan to nowhere..
wrote:
On Sun, 07 Dec 2008 19:02:08 -0800, Tim wrote: are the big 3 beggers tanking in the US? or does this include their entire overseas operations as well. Reason I'm bringing this up is because Delphi chaptered a couple years ago here stateside, while in the mean time they were building a massivly huge mfg. facility in New Deli India. GM has been pressuring their suppliers to use low cost countries such as India. http://www.allbusiness.com/management/3500893-1.html hmmmm. That is a cycle too. When India becomes too expensive manufacturing will move to other low cost geographical locations. You would be surprised where the current low cost high quality technical labor pool is today. |
Bridge loan to nowhere..
BAR wrote:
Boater wrote: Tom Francis - SWSports wrote: On Sun, 07 Dec 2008 16:51:16 -0600, wrote: Frankly, I don't give a damn about GM. During normal times, I'd say let them go under, but in these times, I think the risk of letting them fail is too big. The bridge *loan* they are talking about is 1/10 what we have already spent on Wall Street, and only a couple of months of the spending we've been doing in Iraq for years. I understand and I don't think it's funny at all - it is very serious. However, I've been through this - I'm, and you, are old enough to remember '56 which was as bad if not worse than now. We all survived, our father's got new jobs and life went on. Too bad we've lost more than a million jobs in the last year. But I am sure there are jobs aplenty for everyone, including the aging GM workforce. It is amazing that as the population increases and more of the youth come onto the rolls of job seekers that we don't have 50, 75 or 100 million people out of work. If we are to believe the naysayers then our percentage of jobless in the USA would increase over time without ever decreasing. The strange thing is that it keeps fluctuating between 4% and 7% regardless of the size of our population? Can you explain any of this Harry? Of course. It is explained all the time. Perhaps if you stayed in school a bit longer... |
Bridge loan to nowhere..
BAR wrote:
Boater wrote: Tom Francis - SWSports wrote: On Sun, 07 Dec 2008 19:38:05 -0500, Boater wrote: Tom Francis - SWSports wrote: On Sun, 07 Dec 2008 16:51:16 -0600, wrote: Frankly, I don't give a damn about GM. During normal times, I'd say let them go under, but in these times, I think the risk of letting them fail is too big. The bridge *loan* they are talking about is 1/10 what we have already spent on Wall Street, and only a couple of months of the spending we've been doing in Iraq for years. I understand and I don't think it's funny at all - it is very serious. However, I've been through this - I'm, and you, are old enough to remember '56 which was as bad if not worse than now. We all survived, our father's got new jobs and life went on. Too bad we've lost more than a million jobs in the last year. But I am sure there are jobs aplenty for everyone, including the aging GM workforce. Probably are - at Toyota so they can build cars for guys like you who say one thing and do another. You now, being a big time Union backer and flack..er..writer/editor, I'm surprized that you haven't have your tires slashed and your windows broken when you visit all these auto plants and Union job sites you keep talking about. Don't your fellow Unionists support the UAW? Or do they all drive Toyotas? I only drive a Toyota down at the boat ramp. Typical hypocrite. What do you suggest I drive down at the boat ramp? |
Bridge loan to nowhere..
On Mon, 8 Dec 2008 04:05:49 -0800 (PST), Tim
wrote: On Dec 8, 5:32*am, Tom Francis - SWSports wrote: On Sun, 07 Dec 2008 19:30:09 -0600, wrote: From my perspective, eventually, several major car manufacturers are going to fail anyway. *There seems to be a glut of manufacturers with very few open markets. You know - you have good points, I think I have good points, Dick has good points - we've all got some really good points. And then there's bull**** like this. http://seattletimes.nwsource.com/htm...478150_favor07.... I mean seriously - the taxpayer gets f'd over everyday with crap like this -what's 34 billion to keep Union workers from not working at 95% of their base pay. Nothing. I've changed my mind - bail everybody out. *I'm going to do something like Eisboch - start a new business and apply for a bail out six months down the road. What the heck - might as well get in on the deal. Tom, I'd say to stand in line. it would probably be a long one at that. I just watched an interview on CNBC with the head of the UAW and the Vice CEO of GM. They still don't get it. It's amazing that these Union guys think it's due to them and the corporate bosses think they will do just fine. It's enough to make you puke. I've changed my mind again - screw 'em. Everytime they open their pie holes, they make a bigger mess to clean up. |
Bridge loan to nowhere..
On Mon, 8 Dec 2008 04:32:22 -0500, "Eisboch" wrote:
"Boater" wrote in message ... My understanding is that the Toyota we have was not built by non-union workers in the USA. Why did I choose it? Because at the time I purchased it, the corresponding Ford and GM vehicles were too large. I assume you bought a used Tundra. Eisboch I believe he said he had a 4Runner. -- John H. |
Bridge loan to nowhere..
"JohnH" wrote in message ... On Mon, 8 Dec 2008 04:32:22 -0500, "Eisboch" wrote: "Boater" wrote in message ... My understanding is that the Toyota we have was not built by non-union workers in the USA. Why did I choose it? Because at the time I purchased it, the corresponding Ford and GM vehicles were too large. I assume you bought a used Tundra. Eisboch I believe he said he had a 4Runner. -- John H. Oh. I was wrong. I thought he mentioned a Tundra. I assume it is an older, used model. Eisboch |
Bridge loan to nowhere..
"Tom Francis - SWSports" wrote in message ... On Sun, 07 Dec 2008 19:30:09 -0600, wrote: From my perspective, eventually, several major car manufacturers are going to fail anyway. There seems to be a glut of manufacturers with very few open markets. You know - you have good points, I think I have good points, Dick has good points - we've all got some really good points. And then there's bull**** like this. http://seattletimes.nwsource.com/htm...0_favor07.html I mean seriously - the taxpayer gets f'd over everyday with crap like this -what's 34 billion to keep Union workers from not working at 95% of their base pay. Nothing. I've changed my mind - bail everybody out. I'm going to do something like Eisboch - start a new business and apply for a bail out six months down the road. What the heck - might as well get in on the deal. F 'em all, let's secede from the Union. |
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