"Don White" wrote in message
...

"jim78565" wrote in message
...
John H wrote:
On Wed, 15 Apr 2009 08:11:09 -0400, "Eisboch"
wrote:

You know they are in trouble when Fiat is getting cold feet about a
merger.

Another one about to bite the dust.

Eisboch

Good troll.

Worked too!
--
John H

"The democracy will cease to exist when you take away from those
who are willing to work and give to those who would not." Thomas
Jefferson

Eisboch can troll with the best of em. I taught him well. ;-)

You taught him?
About the only things you're qualified to teach are belching & farting.


No. I taught *him* those talents.

Eisboch

"Eisboch" wrote in message
...

"Don White" wrote in message
...

"jim78565" wrote in message
...
John H wrote:
On Wed, 15 Apr 2009 08:11:09 -0400, "Eisboch"
wrote:

You know they are in trouble when Fiat is getting cold feet about a
merger.

Another one about to bite the dust.

Eisboch

Good troll.

Worked too!
--
John H

"The democracy will cease to exist when you take away from those
who are willing to work and give to those who would not." Thomas
Jefferson

Eisboch can troll with the best of em. I taught him well. ;-)

You taught him?
About the only things you're qualified to teach are belching & farting.


No. I taught *him* those talents.

Eisboch


Well..you taught well!
We should move you down to Wall Street to teach those guys ethics.

"Eisboch" wrote in message
news

You know they are in trouble when Fiat is getting cold feet about a
merger.

Another one about to bite the dust.

Eisboch

Chrysler is as good as gone. CAW/UAW are taking a stand with not enough
meaningful concessions and wasting time. Fiat would be better off to import
and start intrinsic growth and forget Chrysler. And then there are
suppliers... Cerberus no doubt wants some cash too.... Chrysler is a deer
looking at a train and on the tracks... 14 days left.

"HK" wrote in message
m...
Eisboch wrote:

You know they are in trouble when Fiat is getting cold feet about a
merger.

Another one about to bite the dust.

Eisboch


FIAT wants to bust the UAW before it'll invest in Chrysler. What we need
to do in this country is detach health benefits from employment and make
sure that private pension liabilities are fully funded. Too much cooking
of the books on the latter has resulted in workers losing earned pensions
because of bad corporate management.

Yep, Chrysler, and GM for that mater, will both be much cheaper in chapter
7, and in chapter 7 the CAW/UAW contracts become null and void as does all
the other excessive garbage. In a chapter 7 buyout they could squish the
unions, fire the crappy managment without severance, renegotiate supply
agreements and not worry about bond holders or share holders. Nice and
clean like. Maybe even mash the two together and highest bidder gets the
lot. Possibly sell them to the Chinese government now that they have almost
$2T in cash.

But I can't see GM or Chrysler making a deal now, they are doubly bankrupt
and allowed to operate too long without meaningful changes and bankruptcy to
force the needed change. They are dog investments as they sit.

wrote in message
...
On Apr 15, 8:11 am, "Eisboch" wrote:
You know they are in trouble when Fiat is getting cold feet about a
merger.

Another one about to bite the dust.

Eisboch

They've threatened to pull out of Canada if they don't " get what they
want".Fiat has most likely looked at the Management (as ****ty as it
is ) and are nervous. The CAW has said if that happens, they'll never
sell another car in Canada.
Besides, the Canadian employees do more work, with less injury....
--------
But grossly too expensive. Shut them down.

"Eisboch" wrote in message
...

wrote in message
...
On Apr 15, 8:11 am, "Eisboch" wrote:
You know they are in trouble when Fiat is getting cold feet about a
merger.

Another one about to bite the dust.

Eisboch

They've threatened to pull out of Canada if they don't " get what they
want".Fiat has most likely looked at the Management (as ****ty as it
is ) and are nervous. The CAW has said if that happens, they'll never
sell another car in Canada.
Besides, the Canadian employees do more work, with less injury....


---------------------------

You spinmiesters crack me up. Go read the announcement by Fiat.
It specifically states that they want the UAW and CAW to get in line with
the pay and benefit packages typical of Toyota and Honda. It also states
that the strongest opposition to the Fiat requirements are coming from
the CAW. So far, the CAW won't budge. Pretty soon they will be out of a
job.

Eisboch

Chrysler doesn't pay it's tax bills either. They owe Canada $500,000 from
2002 or something like that. Real welchers. Shut them down, we don't need
that kind of leach business model in Canada. Plus, from what friends tell
me they still don't know how to make a automatic transmission. Ya, I bought
2 in the past and learned the hard way.

May tag says what I think of GM & Chrysler.

_
/'_/)
,/_ /
/ /
/'_'/' '/'__'7,
/'/ / / /" /_\
('( ' /' ')
\ /
'\' _.7'
\ (
\ \
GM, GMAC, Carlyle, Chrysler-Cerberus, CAW-UAW, get your
selfish greedy hands out of our pockets!
We don't steal from you!
Why do you steal from us?

Nope... but we have barely high school grad UAW workers making more
than college grads. *

As half-educated Sports Players do as well....what's the point? Are
THEY gonna take a " pay-cut?"
Are rich, pensioned-off ex-employees of mega corporations going to
take a " pay-cut" in their pensions?
Are the Companies who ripped-off pension funds going to give back the
money they STOLE from the Employees?
Once they all do, I'll take a pay cut.

On Wed, 15 Apr 2009 18:58:13 -0700 (PDT), wrote:



Nope... but we have barely high school grad UAW workers making more
than college grads. *

As half-educated Sports Players do as well....what's the point? Are
THEY gonna take a " pay-cut?"
Are rich, pensioned-off ex-employees of mega corporations going to
take a " pay-cut" in their pensions?
Are the Companies who ripped-off pension funds going to give back the
money they STOLE from the Employees?
Once they all do, I'll take a pay cut.

Nope, "conservatives" assume the last person left holding the bag is
who's responsible.

Why should the suits on Wall Street get bailed out and the auto
industry allowed to wither? They were both irresponsible and short
sighted and we depend on both industries to create our consumer
economy.

"jps" wrote in message
...


Why should the suits on Wall Street get bailed out and the auto
industry allowed to wither? They were both irresponsible and short
sighted and we depend on both industries to create our consumer
economy.


It doesn't seem fair, but it's necessary. A total collapse of Wall Street
and the banking/financial sector would present a much bigger problem than
the collapse or bankruptcy of GM.

Yes, both industries were irresponsible and short sighted, but we need to
focus on the dog, not the tail. It would be nice if we could afford to fix
everything, but we can't.

To an idealistic thinking person like you it doesn't seem right, but the
reality is that the financial community needs to be stabilized to prevent a
massive, deep depression. Hurtful as it may be, we can survive without a
GM or Chrysler in their current configurations.

Eisboch

On Thu, 16 Apr 2009 03:06:40 -0400, "Eisboch"
wrote:


"jps" wrote in message
.. .


Why should the suits on Wall Street get bailed out and the auto
industry allowed to wither? They were both irresponsible and short
sighted and we depend on both industries to create our consumer
economy.


It doesn't seem fair, but it's necessary. A total collapse of Wall Street
and the banking/financial sector would present a much bigger problem than
the collapse or bankruptcy of GM.

Yes, both industries were irresponsible and short sighted, but we need to
focus on the dog, not the tail. It would be nice if we could afford to fix
everything, but we can't.

To an idealistic thinking person like you it doesn't seem right, but the
reality is that the financial community needs to be stabilized to prevent a
massive, deep depression. Hurtful as it may be, we can survive without a
GM or Chrysler in their current configurations.

Eisboch

Understood but the number of lost jobs, health care, pensions, etc.
will trickle to tens of thosands of others and affect the economy in
it's own way.

It's not just a matter of fair, it's a matter of supporting the
economic engine that drives our country. The auto industry supports a
whole lot of folks.