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First recorded activity by BoatBanter: Dec 2008
Posts: 1,185
Default 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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posted to rec.boats
Senior Member
 
First recorded activity by BoatBanter: Apr 2007
Posts: 7,590
Default Bridge loan to nowhere..

On Dec 6, 10:35*am, Boater wrote:
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
news:2NydnaVa9s9PG6fUnZ2dnUVZ_o7inZ2d@posted. gtinet...
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.- Hide quoted text -

- Show quoted text -


Yeah, Republicans... which ones? Could they be as republican as
Lieberman or Miller are Democrats? You seem to cherry pick, but of
course intellectual honesty is not really your strong suit...
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posted to rec.boats
external usenet poster
 
First recorded activity by BoatBanter: Nov 2008
Posts: 431
Default Bridge loan to nowhere..

On Sat, 06 Dec 2008 10:35:14 -0500, Boater wrote:

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.


More personal insults, Harry?
--
John H.
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