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Bridge loan to nowhere..
Eisboch wrote:
wrote in message t... On Sat, 06 Dec 2008 08:38:52 -0500, D.Duck wrote: You just want to see what some bankruptcy judge would do to union contracts. Direct labor costs are only @10% of the cost of building a car. If you want to cut costs, labor isn't the place to start. Someone outside and disconnected from management and the labor unions needs to review and determine that. What if your fixed labor costs are based on selling 18 million cars a year but you only sold 10 million last year? Eisboch Then you have massive layoffs, of course., |
Bridge loan to nowhere..
On Sat, 06 Dec 2008 09:39:04 -0500, Boater
wrote: Eisboch wrote: wrote in message t... On Sat, 06 Dec 2008 08:38:52 -0500, D.Duck wrote: You just want to see what some bankruptcy judge would do to union contracts. Direct labor costs are only @10% of the cost of building a car. If you want to cut costs, labor isn't the place to start. Someone outside and disconnected from management and the labor unions needs to review and determine that. What if your fixed labor costs are based on selling 18 million cars a year but you only sold 10 million last year? Eisboch Then you have massive layoffs, of course., UAW has sub-pay, or whatever they're calling it now. When I was UAW at IH the senior guys went first on a layoff. 95% pay for fishing. I think they got unemployment comp then the company made up the rest. Never saw a layoff, but heard what happens when we got close once. That's one of the things Corker was hammering the union guy about. I don't think I ever heard a straight answer. But that's one of the contract provisions that should have to go as a condition of a taxpayer loan. The only way to make it work is the UAW gives up a lot. --Vic |
Bridge loan to nowhere..
Vic Smith wrote:
On Sat, 06 Dec 2008 09:39:04 -0500, Boater wrote: Eisboch wrote: wrote in message t... On Sat, 06 Dec 2008 08:38:52 -0500, D.Duck wrote: You just want to see what some bankruptcy judge would do to union contracts. Direct labor costs are only @10% of the cost of building a car. If you want to cut costs, labor isn't the place to start. Someone outside and disconnected from management and the labor unions needs to review and determine that. What if your fixed labor costs are based on selling 18 million cars a year but you only sold 10 million last year? Eisboch Then you have massive layoffs, of course., UAW has sub-pay, or whatever they're calling it now. When I was UAW at IH the senior guys went first on a layoff. 95% pay for fishing. I think they got unemployment comp then the company made up the rest. Never saw a layoff, but heard what happens when we got close once. That's one of the things Corker was hammering the union guy about. I don't think I ever heard a straight answer. But that's one of the contract provisions that should have to go as a condition of a taxpayer loan. The only way to make it work is the UAW gives up a lot. --Vic The UAW already has proposed massive givebacks. Congress acknowledged that. |
Bridge loan to nowhere..
wrote in message t... On Sat, 06 Dec 2008 08:38:52 -0500, D.Duck wrote: You just want to see what some bankruptcy judge would do to union contracts. Direct labor costs are only @10% of the cost of building a car. If you want to cut costs, labor isn't the place to start. ................ and assuming that the assembly line workers are being paid twice what they are worth (according to some here), that means only 5% of the overall costs could be saved by attacking union workers and cutting their renumeration by half. I wonder what advertising cost the Big Three? It must be expensive hiring agencys to make up new bull**** every year. |
Bridge loan to nowhere..
On Sat, 06 Dec 2008 08:56:28 -0600, Vic Smith
wrote: On Sat, 06 Dec 2008 09:39:04 -0500, Boater wrote: Eisboch wrote: wrote in message t... On Sat, 06 Dec 2008 08:38:52 -0500, D.Duck wrote: You just want to see what some bankruptcy judge would do to union contracts. Direct labor costs are only @10% of the cost of building a car. If you want to cut costs, labor isn't the place to start. Someone outside and disconnected from management and the labor unions needs to review and determine that. What if your fixed labor costs are based on selling 18 million cars a year but you only sold 10 million last year? Eisboch Then you have massive layoffs, of course., UAW has sub-pay, or whatever they're calling it now. When I was UAW at IH the senior guys went first on a layoff. 95% pay for fishing. I think they got unemployment comp then the company made up the rest. Never saw a layoff, but heard what happens when we got close once. That's one of the things Corker was hammering the union guy about. I don't think I ever heard a straight answer. But that's one of the contract provisions that should have to go as a condition of a taxpayer loan. The only way to make it work is the UAW gives up a lot. --Vic jobs bank,,, http://tinyurl.com/cbksn -- John H. |
Bridge loan to nowhere..
On Sat, 06 Dec 2008 10:04:57 -0500, Boater wrote:
Vic Smith wrote: On Sat, 06 Dec 2008 09:39:04 -0500, Boater wrote: Eisboch wrote: wrote in message t... On Sat, 06 Dec 2008 08:38:52 -0500, D.Duck wrote: You just want to see what some bankruptcy judge would do to union contracts. Direct labor costs are only @10% of the cost of building a car. If you want to cut costs, labor isn't the place to start. Someone outside and disconnected from management and the labor unions needs to review and determine that. What if your fixed labor costs are based on selling 18 million cars a year but you only sold 10 million last year? Eisboch Then you have massive layoffs, of course., UAW has sub-pay, or whatever they're calling it now. When I was UAW at IH the senior guys went first on a layoff. 95% pay for fishing. I think they got unemployment comp then the company made up the rest. Never saw a layoff, but heard what happens when we got close once. That's one of the things Corker was hammering the union guy about. I don't think I ever heard a straight answer. But that's one of the contract provisions that should have to go as a condition of a taxpayer loan. The only way to make it work is the UAW gives up a lot. --Vic The UAW already has proposed massive givebacks. Congress acknowledged that. Some liberal folks in Congress acknowledged the UAW's attempts to help? Hee, hee!! You're coming up with some good stuff today. -- John H. |
Bridge loan to nowhere..
On Sat, 6 Dec 2008 11:05:49 -0400, "Don White"
wrote: wrote in message et... On Sat, 06 Dec 2008 08:38:52 -0500, D.Duck wrote: You just want to see what some bankruptcy judge would do to union contracts. Direct labor costs are only @10% of the cost of building a car. If you want to cut costs, labor isn't the place to start. ............... and assuming that the assembly line workers are being paid twice what they are worth (according to some here), that means only 5% of the overall costs could be saved by attacking union workers and cutting their renumeration by half. I wonder what advertising cost the Big Three? It must be expensive hiring agencys to make up new bull**** every year. Would a thousand dollars have no impact on your car selection? If that thousand dollars had been put into reliability, would they be in the shape they're in now? -- John H. |
Bridge loan to nowhere..
Boater wrote:
Tom Francis - SWSports wrote: On Sat, 06 Dec 2008 07:22:04 -0500, Boater wrote: Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...s_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Wall street brokerage house and bankers... Bankrupt them, downsize them, get rid of all management, and then blow up their buildings. No golden parachutes. Oh...and in all publicly traded corporations, no executive earnings to exceed 10 times the earnings of the average employee. Yeah, yeah, yeah, blah, blah, blah... By the way, when is the UAW going to fire it's Executives for getting them in this mess to begin with? UAW members elect their leadership. Stupid is as stupid does. Maybe they should have hired professional managers. |
Bridge loan to nowhere..
On Dec 6, 10:16*am, JohnH wrote:
On Sat, 06 Dec 2008 08:56:28 -0600, Vic Smith wrote: On Sat, 06 Dec 2008 09:39:04 -0500, Boater wrote: Eisboch wrote: wrote in message inet... On Sat, 06 Dec 2008 08:38:52 -0500, D.Duck wrote: You just want to see what some bankruptcy judge would do to union contracts. Direct labor costs are only @10% of the cost of building a car. *If you want to cut costs, labor isn't the place to start. Someone outside and disconnected from management and the labor unions needs to review and determine that. What if your fixed labor costs are based on selling 18 million cars a year but you only sold 10 million last year? Eisboch Then you have massive layoffs, of course., UAW has sub-pay, or whatever they're calling it now. When I was UAW at IH the senior guys went first on a layoff. 95% pay for fishing. *I think they got unemployment comp then the company made up the rest. Never saw a layoff, but heard what happens when we got close once. That's one of the things Corker was hammering the union guy about. I don't think I ever heard a straight answer. But that's one of the contract provisions that should have to go as a condition of a taxpayer loan. The only way to make it work is the UAW gives up a lot. --Vic jobs bank,,,http://tinyurl.com/cbksn -- John H.- Hide quoted text - - Show quoted text - Holy ****! |
Bridge loan to nowhere..
JohnH wrote:
On Sat, 06 Dec 2008 10:04:57 -0500, Boater wrote: Vic Smith wrote: On Sat, 06 Dec 2008 09:39:04 -0500, Boater wrote: Eisboch wrote: wrote in message t... On Sat, 06 Dec 2008 08:38:52 -0500, D.Duck wrote: You just want to see what some bankruptcy judge would do to union contracts. Direct labor costs are only @10% of the cost of building a car. If you want to cut costs, labor isn't the place to start. Someone outside and disconnected from management and the labor unions needs to review and determine that. What if your fixed labor costs are based on selling 18 million cars a year but you only sold 10 million last year? Eisboch Then you have massive layoffs, of course., UAW has sub-pay, or whatever they're calling it now. When I was UAW at IH the senior guys went first on a layoff. 95% pay for fishing. I think they got unemployment comp then the company made up the rest. Never saw a layoff, but heard what happens when we got close once. That's one of the things Corker was hammering the union guy about. I don't think I ever heard a straight answer. But that's one of the contract provisions that should have to go as a condition of a taxpayer loan. The only way to make it work is the UAW gives up a lot. --Vic The UAW already has proposed massive givebacks. Congress acknowledged that. Some liberal folks in Congress acknowledged the UAW's attempts to help? Hee, hee!! You're coming up with some good stuff today. Actually, it was a couple of Republicans. You're really back to your old style of being a horse's ass, Herring. |
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