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Default Chrysler Plans Month-Long Shutdown


"Canuck57" wrote in message
...

"Eisboch" wrote in message
...

"Boater" wrote in message
...

Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST


Just heard that. The primary reason is because of inflated inventory of
unsold cars.

Interestingly, union workers will still be paid while they stay home, per
their contract.

The Chrysler CEO was just interviewed on CNN. He stated that unless the
government comes through soon with a bridge loan (bailout) that Chrysler
will most likely bypass Chapter 11 and go directly to Chapter 7
liquidation.

Ford has also announced production cutbacks.

Detroit is putting the pressure on the government to do something.

Eisboch


Read this one:

http://www.businessweek.com/bwdaily/...n_id=rss_daily

Take special note, in October Chrysler-Cerberus had $11 billion in cash.
This is a case where they are not acting in good faith. In fact, might I
say fraud!

Sounds like Cerberus took the cash out. Now wants billions in welfare on
the US tax payer.

If the government was smart, they should simple force GM and Chrylser
right through chapter 11, then fast track to chapter 7 as fast as
possible. Then buy them both for $2 billion each. Auction them off or
form Government Motors at non-union rates typical for the area. Fire all
senior management and board with cause.

For pensions, re-adjust them to no more than 75% of the national average.
See a former CEO or VP getting a $1,000,000 year pension, knock it down to
$33k.

Then put GMC (Government Motors Chrysler) up for sale. The first $20
billion gets it. GMC redefined with all new management. Maybe even give
each taxpayer 10 shares for every $1000 in taxes they pay for quick and
equitable disposal.

Everyone is out of work (no pay) for say 4 - 6 months to soften up their
unions and positions. Does wonders.


Again, I must repeat. As reported on CNN, the reason for the 30 day
shutdown is due to excess inventory of unsold cars/trucks. Chrysler is not
out of money, yet.
The comments by the Chrysler CEO about filing for Chapter 7 if the
government doesn't cough up some money is unrelated to the 30 day shutdown.

Eisboch


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Default Chrysler Plans Month-Long Shutdown


"Eisboch" wrote in message
...

"Canuck57" wrote in message
...

"Eisboch" wrote in message
...

"Boater" wrote in message
...

Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST


Just heard that. The primary reason is because of inflated inventory of
unsold cars.

Interestingly, union workers will still be paid while they stay home,
per their contract.

The Chrysler CEO was just interviewed on CNN. He stated that unless
the government comes through soon with a bridge loan (bailout) that
Chrysler will most likely bypass Chapter 11 and go directly to Chapter 7
liquidation.

Ford has also announced production cutbacks.

Detroit is putting the pressure on the government to do something.

Eisboch


Read this one:

http://www.businessweek.com/bwdaily/...n_id=rss_daily

Take special note, in October Chrysler-Cerberus had $11 billion in cash.
This is a case where they are not acting in good faith. In fact, might I
say fraud!

Sounds like Cerberus took the cash out. Now wants billions in welfare on
the US tax payer.

If the government was smart, they should simple force GM and Chrylser
right through chapter 11, then fast track to chapter 7 as fast as
possible. Then buy them both for $2 billion each. Auction them off or
form Government Motors at non-union rates typical for the area. Fire all
senior management and board with cause.

For pensions, re-adjust them to no more than 75% of the national average.
See a former CEO or VP getting a $1,000,000 year pension, knock it down
to $33k.

Then put GMC (Government Motors Chrysler) up for sale. The first $20
billion gets it. GMC redefined with all new management. Maybe even give
each taxpayer 10 shares for every $1000 in taxes they pay for quick and
equitable disposal.

Everyone is out of work (no pay) for say 4 - 6 months to soften up their
unions and positions. Does wonders.


Again, I must repeat. As reported on CNN, the reason for the 30 day
shutdown is due to excess inventory of unsold cars/trucks. Chrysler is
not out of money, yet.
The comments by the Chrysler CEO about filing for Chapter 7 if the
government doesn't cough up some money is unrelated to the 30 day
shutdown.

Eisboch


I don't argue that. But the CEO is asking for cash and not changing why his
business loses money. They infact expect the tax payer bailout for their
collective gross negligence and entitlement attitude.

It needs to be adjusted with a cold dose of reality for all concerned,
especially management.


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Default Chrysler Plans Month-Long Shutdown

On Dec 18, 8:30*am, "Canuck57" wrote:
"Eisboch" wrote in message

...







"Canuck57" wrote in message
...


"Eisboch" wrote in message
om...


"Boater" wrote in message
...


Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST


Just heard that. *The primary reason is because of inflated inventory of
unsold cars.


Interestingly, union workers will still be paid while they stay home,
per their contract.


The Chrysler CEO was just interviewed on CNN. * He stated that unless
the government comes through soon with a bridge loan (bailout) *that
Chrysler will most likely bypass Chapter 11 and go directly to Chapter 7
liquidation.


Ford has also announced production cutbacks.


Detroit is putting the pressure on the government to do something.


Eisboch


Read this one:


http://www.businessweek.com/bwdaily/...2008/db2008101....


Take special note, in October Chrysler-Cerberus had $11 billion in cash.
This is a case where they are not acting in good faith. *In fact, might I
say fraud!


Sounds like Cerberus took the cash out. *Now wants billions in welfare on
the US tax payer.


If the government was smart, they should simple force GM and Chrylser
right through chapter 11, then fast track to chapter 7 as fast as
possible. *Then buy them both for $2 billion each. *Auction them off or
form Government Motors at non-union rates typical for the area. *Fire all
senior management and board with cause.


For pensions, re-adjust them to no more than 75% of the national average.
See a former CEO or VP getting a $1,000,000 year pension, knock it down
to $33k.


Then put GMC (Government Motors Chrysler) up for sale. *The first $20
billion gets it. GMC redefined with all new management. *Maybe even give
each taxpayer 10 shares for every $1000 in taxes they pay for quick and
equitable disposal.


Everyone is out of work (no pay) for say 4 - 6 months to soften up their
unions and positions. *Does wonders.


Again, I must repeat. *As reported on CNN, the reason for the 30 day
shutdown is due to excess inventory of unsold cars/trucks. * Chrysler is
not out of money, yet.
The comments by the Chrysler CEO about filing for Chapter 7 *if the
government doesn't cough up some money is unrelated to the 30 day
shutdown.


Eisboch


I don't argue that. *But the CEO is asking for cash and not changing why his
business loses money. *They infact expect the tax payer bailout for their
collective gross negligence and entitlement attitude.

It needs to be adjusted with a cold dose of reality for all concerned,
especially management.- Hide quoted text -

- Show quoted text -


Yeah, if they don't get the money by Dec 31 they "might" go out of
business... At the same time, they are going to pay the workers 95%
of their pay to have a holiday vacation.. They haven't changed a bit...
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Default Chrysler Plans Month-Long Shutdown

On Dec 18, 2:40*am, "Eisboch" wrote:
"Canuck57" wrote in message

...







"Eisboch" wrote in message
m...


"Boater" wrote in message
...


Chrysler says to shut down all production for month
Wed Dec 17, 2008 6:27pm EST


Just heard that. *The primary reason is because of inflated inventory of
unsold cars.


Interestingly, union workers will still be paid while they stay home, per
their contract.


The Chrysler CEO was just interviewed on CNN. * He stated that unless the
government comes through soon with a bridge loan (bailout) *that Chrysler
will most likely bypass Chapter 11 and go directly to Chapter 7
liquidation.


Ford has also announced production cutbacks.


Detroit is putting the pressure on the government to do something.


Eisboch


Read this one:


http://www.businessweek.com/bwdaily/...2008/db2008101...


Take special note, in October Chrysler-Cerberus had $11 billion in cash..
This is a case where they are not acting in good faith. *In fact, might I
say fraud!


Sounds like Cerberus took the cash out. *Now wants billions in welfare on
the US tax payer.


If the government was smart, they should simple force GM and Chrylser
right through chapter 11, then fast track to chapter 7 as fast as
possible. *Then buy them both for $2 billion each. *Auction them off or
form Government Motors at non-union rates typical for the area. *Fire all
senior management and board with cause.


For pensions, re-adjust them to no more than 75% of the national average.
See a former CEO or VP getting a $1,000,000 year pension, knock it down to
$33k.


Then put GMC (Government Motors Chrysler) up for sale. *The first $20
billion gets it. GMC redefined with all new management. *Maybe even give
each taxpayer 10 shares for every $1000 in taxes they pay for quick and
equitable disposal.


Everyone is out of work (no pay) for say 4 - 6 months to soften up their
unions and positions. *Does wonders.


Again, I must repeat. *As reported on CNN, the reason for the 30 day
shutdown is due to excess inventory of unsold cars/trucks. * Chrysler is not
out of money, yet.
The comments by the Chrysler CEO about filing for Chapter 7 *if the
government doesn't cough up some money is unrelated to the 30 day shutdown.

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Default Chrysler Plans Month-Long Shutdown


wrote in message
...

Again, if they give out vouchers for say 7-10,000 on new cars from the
three, non-union (the ones paying for all this) will get something for
their tax money, Detroit will sell cars and get the money they say
they need, and they can go back to work making new cars...
snip...

************************************************** **************

What a freeloader, always looking for something for nothing.




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Default Chrysler Plans Month-Long Shutdown

Don White wrote:
wrote in message
...

Again, if they give out vouchers for say 7-10,000 on new cars from the
three, non-union (the ones paying for all this) will get something for
their tax money, Detroit will sell cars and get the money they say
they need, and they can go back to work making new cars...
snip...

************************************************** **************

What a freeloader, always looking for something for nothing.




Well, you know all his money is tied up in the business and motorcycle
racing team he runs.
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First recorded activity by BoatBanter: Apr 2007
Posts: 7,590
Default Chrysler Plans Month-Long Shutdown

On Dec 18, 3:03*pm, Boater wrote:
Don White wrote:
wrote in message
...


Again, if they give out vouchers for say 7-10,000 on new cars from the
three, non-union (the ones paying for all this) will get something for
their tax money, Detroit will sell cars and get the money they say
they need, and they can go back to work making new cars...
snip...


************************************************** **************


What a freeloader, always looking for something for nothing.


Well, you know all his money is tied up in the business and motorcycle
racing team he runs.


Yeah, I do tend to cater to my family and kids... I am here only to
serve them and help their dreams come true. I am not a selfish piece
of self indulgent **** like you, maybe if you were more like me, your
kids wouldn't have disowned you so early in life...
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Default Chrysler Plans Month-Long Shutdown

On Thu, 18 Dec 2008 16:03:34 -0500, Boater wrote:

wrote:
On Dec 18, 3:03 pm, Boater wrote:
Don White wrote:
wrote in message
...
Again, if they give out vouchers for say 7-10,000 on new cars from the
three, non-union (the ones paying for all this) will get something for
their tax money, Detroit will sell cars and get the money they say
they need, and they can go back to work making new cars...
snip...
************************************************** **************
What a freeloader, always looking for something for nothing.
Well, you know all his money is tied up in the business and motorcycle
racing team he runs.


Yeah, I do tend to cater to my family and kids... I am here only to
serve them and help their dreams come true. I am not a selfish piece
of self indulgent **** like you, maybe if you were more like me, your
kids wouldn't have disowned you so early in life...



One of the funniest aspects of this newsgroup is that it is filled with
really dumbfochs like you. I know one of your fellow dumbfochs claims
every so often that my kids have "disowned me," but that's just more
right-wing idiot bull****...that the low brain output types like you
adopt as the gospel.


But, hey, if you weren't such a dumbfoch, well, you'd be a bit brighter.


Harry, you were the one who said you were estranged from your kids. We all
felt sorry for you. Still do. I'm sure it's contributed to your being so
bitter about life. Along with getting caught in so many lies, of course.

BTW, was shrink-wrapping the lobsta boat expensive?
--
We say, "MERRY CHRISTMAS!"

John
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Default Chrysler Plans Month-Long Shutdown

On Dec 18, 2:41*pm, "Don White" wrote:
wrote in message

...

Again, if they give out vouchers for say 7-10,000 on new cars from the
three, non-union (the ones paying for all this) will get something for
their tax money, Detroit will sell cars and get the money they say
they need, and they can go back to work making new cars...
snip...

************************************************** **************

What a freeloader, always looking for something for nothing.


It's my money, I worked for it. Either plan gets the money to the
Union, the only difference is with my plan the Union has to come back
to work for their wages... I can see why folks like you and Harry hate
it...


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