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wrote:
On Fri, 12 Dec 2008 10:45:04 -0500, Reginald P. Smithers III, Esq. wrote:


One of the first steps any company needs to insure it's long term
viability is that it's cost structure is competitive. Since labor is
about 10% of the cost of the car, it makes sense for labor to agree to a
competitive salary to keep their jobs for the long term. It looks to me
that the UAW and the Senate are not playing Russian Roulette, it is more
like "Chicken" in a auto, to see who will swerve.


Of course labor has to be part of any long term solution, but it's quite
interesting that Corker wanted to concentrate on labor's 10% and forget
about the other 90%. Regardless, when this economy is in such perilous
condition, letting GM and Chrysler go out of business, is quite counter-
productive. As I have said before, under normal circumstances, if the
economy was healthy, I would agree to let GM take it's chances with
bankruptcy.

As it stands, both GM and Chrysler, have hired bankruptcy lawyers. I
don't think the next several years are going to be pretty.



The Republicans wanted the UAW to engage in substantial pay package
givebacks in either 2009 or 2010, and apparently factored in the costs s
of the total absorbed payroll, too, which includes the retirees. There's
really not much difference between the hourly rates of the current
represented employees and the exploited employees of ForeignAutoMakersSouth.

I wonder if the Repubs want the unionized workers to give up health care
benefits, too?

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On Dec 12, 11:24*am, Boater wrote:
wrote:
On Fri, 12 Dec 2008 10:45:04 -0500, Reginald P. Smithers III, Esq. wrote:


One of the first steps any company needs to insure it's long term
viability is that it's cost structure is competitive. *Since labor is
about 10% of the cost of the car, it makes sense for labor to agree to a
competitive salary to keep their jobs for the long term. *It looks to me
that the UAW and the Senate are not playing Russian Roulette, it is more
like "Chicken" in a auto, to see who will swerve.


Of course labor has to be part of any long term solution, but it's quite
interesting that Corker wanted to concentrate on labor's 10% and forget
about the other 90%. *Regardless, when this economy is in such perilous
condition, letting GM and Chrysler go out of business, is quite counter-
productive. *As I have said before, under normal circumstances, if the
economy was healthy, I would agree to let GM take it's chances with
bankruptcy.


As it stands, both GM and Chrysler, have hired Man, bankruptcy lawyers. I
don't think the next several years are going to be pretty.


The Republicans wanted the UAW to engage in substantial pay package
givebacks in either 2009 or 2010, and apparently factored in the costs s
of the total absorbed payroll, too, which includes the retirees. There's
really not much difference between the hourly rates of the current
represented employees and the exploited employees of ForeignAutoMakersSouth.

I wonder if the Repubs want the unionized workers to give up health care
benefits, too?- Hide quoted text -

- Show quoted text -


Man, did you get a transcript of the union rep's news conference,
cause you are chiming exactly the same sour grapes bull**** as he
threw up? Word for word... Who'd a thunk? The Unions refused any
reasonable concessions, just crying and fudging the numbers.

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On Dec 12, 11:40*am, wrote:
On Dec 12, 11:24*am, Boater wrote:





wrote:
On Fri, 12 Dec 2008 10:45:04 -0500, Reginald P. Smithers III, Esq. wrote:


One of the first steps any company needs to insure it's long term
viability is that it's cost structure is competitive. *Since labor is
about 10% of the cost of the car, it makes sense for labor to agree to a
competitive salary to keep their jobs for the long term. *It looks to me
that the UAW and the Senate are not playing Russian Roulette, it is more
like "Chicken" in a auto, to see who will swerve.


Of course labor has to be part of any long term solution, but it's quite
interesting that Corker wanted to concentrate on labor's 10% and forget
about the other 90%. *Regardless, when this economy is in such perilous
condition, letting GM and Chrysler go out of business, is quite counter-
productive. *As I have said before, under normal circumstances, if the
economy was healthy, I would agree to let GM take it's chances with
bankruptcy.


As it stands, both GM and Chrysler, have hired Man, bankruptcy lawyers. I
don't think the next several years are going to be pretty.


The Republicans wanted the UAW to engage in substantial pay package
givebacks in either 2009 or 2010, and apparently factored in the costs s
of the total absorbed payroll, too, which includes the retirees. There's
really not much difference between the hourly rates of the current
represented employees and the exploited employees of ForeignAutoMakersSouth.


I wonder if the Repubs want the unionized workers to give up health care
benefits, too?- Hide quoted text -


- Show quoted text -


Man, did you get a transcript of the union rep's news conference,
cause you are chiming exactly the same sour grapes bull**** as he
threw up? Word for word... *Who'd a thunk? The Unions refused any
reasonable concessions, just crying and fudging the numbers.- Hide quoted text -

- Show quoted text -


He googled it. It's all he has in his pathetic life.
  #4   Report Post  
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First recorded activity by BoatBanter: Apr 2007
Posts: 7,590
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On Dec 12, 12:48*pm, wrote:
On Dec 12, 11:40*am, wrote:





On Dec 12, 11:24*am, Boater wrote:


wrote:
On Fri, 12 Dec 2008 10:45:04 -0500, Reginald P. Smithers III, Esq. wrote:


One of the first steps any company needs to insure it's long term
viability is that it's cost structure is competitive. *Since labor is
about 10% of the cost of the car, it makes sense for labor to agree to a
competitive salary to keep their jobs for the long term. *It looks to me
that the UAW and the Senate are not playing Russian Roulette, it is more
like "Chicken" in a auto, to see who will swerve.


Of course labor has to be part of any long term solution, but it's quite
interesting that Corker wanted to concentrate on labor's 10% and forget
about the other 90%. *Regardless, when this economy is in such perilous
condition, letting GM and Chrysler go out of business, is quite counter-
productive. *As I have said before, under normal circumstances, if the
economy was healthy, I would agree to let GM take it's chances with
bankruptcy.


As it stands, both GM and Chrysler, have hired Man, bankruptcy lawyers. I
don't think the next several years are going to be pretty.


The Republicans wanted the UAW to engage in substantial pay package
givebacks in either 2009 or 2010, and apparently factored in the costs s
of the total absorbed payroll, too, which includes the retirees. There's
really not much difference between the hourly rates of the current
represented employees and the exploited employees of ForeignAutoMakersSouth.


I wonder if the Repubs want the unionized workers to give up health care
benefits, too?- Hide quoted text -


- Show quoted text -


Man, did you get a transcript of the union rep's news conference,
cause you are chiming exactly the same sour grapes bull**** as he
threw up? Word for word... *Who'd a thunk? The Unions refused any
reasonable concessions, just crying and fudging the numbers.- Hide quoted text -


- Show quoted text -


He googled it. It's all he has in his pathetic life.- Hide quoted text -

- Show quoted text -


Goes to show you, having everything handed to you and stealing the
rest from hard working folks ain't all it's cracked up to be...
  #5   Report Post  
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First recorded activity by BoatBanter: Oct 2006
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On Fri, 12 Dec 2008 11:24:58 -0500, Boater
wrote:



The Republicans wanted the UAW to engage in substantial pay package
givebacks in either 2009 or 2010, and apparently factored in the costs s
of the total absorbed payroll, too, which includes the retirees. There's
really not much difference between the hourly rates of the current
represented employees and the exploited employees of ForeignAutoMakersSouth.

No, nothing to do with retirees. More to do with number of "new"
workers who are lower paid versus "legacy" workers.
UAW didn't want to set a date certain on when the mix would get wages
to the same level as the transplants.
Attrition and growth are unknown.
Really not a big deal, since the UAW has given up just about
everything else. As you said, the wages are close to parity already
and that doesn't add up to a hill of beans.
Corker has the right idea for long term success, and I think he had
everybody's interests in mind. He's a sensible guy.
Like I said before though, UAW is tough, and they got pushed too hard.
I really think Corker in the end had to bend to the other more senior
Reps for the date certain to be included.

--Vic


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