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  #21   Report Post  
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First recorded activity by BoatBanter: Jun 2013
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Default New York is *my* city...

On 7/20/2013 1:45 AM, wrote:
On Fri, 19 Jul 2013 16:42:13 -0400, iBoaterer
wrote:

In article ,
says...


The auto industry killed itself by bowing to UAW demands You can't
have mediocre employees building ****ty cars for $75 an hour and
survive. When they moved to right to work states where they could fire
non-performing employees and pay a market wage, they recovered.

Detroit failed because all the actual working people left and their
tax base evaporated. They were left with hugh pension obligations from
the public service unions and that money left immediately too, because
all of those retired cops and firemen live here in the south

That is the point Texas is making


You must not remember the cars of the later part of the '70's and the
80's. That's when the U.S. built junk, and the Japanese pounced.


I absolutely remember the cars of the 70s (by the mid 80s they were
actually starting to get a little better). It wasn't just the 70s. US
cars were always junk.

I also remember you still had overpaid UAW people joking about leaving
a Coke can in a car door to drive the rich ******* who bought the car
crazy.
Johnny Cash was in the top 10 with "one piece at a time".
At the same time Japan was starting six sigma programs and quality
circles, building cars that lasted 200,000 miles.

;
;
;
http://www.bing.com/videos/search?q=...l&FORM=V IRE7
;
;
;
  #22   Report Post  
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Default New York is *my* city...

In article ,
says...

On Fri, 19 Jul 2013 13:15:12 -0400, "F.O.A.D." wrote:

We could have helped out the city of Detroit, but we blew those
trillions on Iraq and Afghanistan.


===

Give a man a fish and he will eat for a day. Teach a man to fish and
he will eat for the rest of his life.

How do you propose fixing Detroit's issues for the long term? They
could blow through a trillion or two in no time at all. The auto
industry is not coming back any time soon and that is what built
Detroit in the first place. I know people in upstate NY who are
still waiting for the paper and carpet making industies to come back,
and they started leaving over 60 years ago.


Necessity is the mother of invention. In my opinion, they need to get
off of their asses, quit thinking in the union/government will take care
of me mode, and DO SOMETHING. One thing that will help tremendously is
if people will start buying American again. I really liked the series
ABC Evening News was doing on buying American. I am surprised that so
far, WalMart hasn't seen the value in stocking items made in America and
advertising such. As far as the car industry, I think that the U.S. is
lagging behind partially because of nitwit non-thinkers not embracing
new technologies. Just like when tractors started appearing on the farm
landscape, a lot of farmers were just totally against that, saying their
horses worked fine. They soon got left in the dust.
  #26   Report Post  
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Default New York is *my* city...

On 7/20/2013 7:52 AM, wrote:
On Fri, 19 Jul 2013 08:06:31 -0400, "F.O.A.D." wrote:



http://www.youtube.com/watch?v=QRofS...ature=youtu.be


Lewis Black responds to Rick Perry's attempts to steal businesses from
other states, especially New York.

"**** you, Texas!"


Last great act of defiance.

I hope that uncivilized representation of New York is not construed to
be indicative of the views of the good citizens of New York City.
  #27   Report Post  
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Default New York is *my* city...



"iBoaterer" wrote in message
...

In article ,

says...

On 7/19/2013 4:35 PM, Wayne.B wrote:
On Fri, 19 Jul 2013 13:15:12 -0400, "F.O.A.D."
wrote:

We could have helped out the city of Detroit, but we blew those
trillions on Iraq and Afghanistan.



No jackass, we blew it on the sell ou....er, bail out... We gave it
to
the Unions so they could party like it was 2099.... and they did.
Now
it's gone, and it's time to pay the bill.
===



Please, enlighten all of us who don't think off the wall crazy ****.
Show where the money went to the unions.

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

GM filed for Chapter 13 bankruptcy in 2009. Bankruptcy law requires
that creditors to the bankrupt corporation receive equal treatment in
terms of payments made to them. In other words, you can't pay one
creditor 75-100 percent of what he is owed and another creditor only
25-50 percent.

But in the case of GM, the union pension fund (VEBA) was given much
higher priority compared to other unsecured vendors, bond holders and
creditors. In the restructuring process GM was able to negotiate new
pay scales and benefit packages for new hires but was not successful
in reigning back costs significantly for existing union employees.
As a result, GM still has the highest labor cost of any of it's
competitors.

As of July 3, 2013, the American taxpayers are still in the hole to
the tune of $19 billion of the $50 billion GM bailout. That amount
is just about equal to the cost of retaining the pre-bankruptcy union
employees's payscale and benefit packages and is likely not to ever
be recovered.

  #28   Report Post  
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Default New York is *my* city...

On 7/20/13 4:58 PM, Eisboch wrote:


"iBoaterer" wrote in message
...

In article ,
says...

On 7/19/2013 4:35 PM, Wayne.B wrote:
On Fri, 19 Jul 2013 13:15:12 -0400, "F.O.A.D."

wrote:

We could have helped out the city of Detroit, but we blew those
trillions on Iraq and Afghanistan.


No jackass, we blew it on the sell ou....er, bail out... We gave it to
the Unions so they could party like it was 2099.... and they did. Now
it's gone, and it's time to pay the bill.
===



Please, enlighten all of us who don't think off the wall crazy ****.
Show where the money went to the unions.

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

GM filed for Chapter 13 bankruptcy in 2009. Bankruptcy law requires
that creditors to the bankrupt corporation receive equal treatment in
terms of payments made to them. In other words, you can't pay one
creditor 75-100 percent of what he is owed and another creditor only
25-50 percent.

But in the case of GM, the union pension fund (VEBA) was given much
higher priority compared to other unsecured vendors, bond holders and
creditors. In the restructuring process GM was able to negotiate new
pay scales and benefit packages for new hires but was not successful in
reigning back costs significantly for existing union employees. As a
result, GM still has the highest labor cost of any of it's competitors.

As of July 3, 2013, the American taxpayers are still in the hole to the
tune of $19 billion of the $50 billion GM bailout. That amount is just
about equal to the cost of retaining the pre-bankruptcy union
employees's payscale and benefit packages and is likely not to ever be
recovered.



This is what happens when employers are allowed to have unfunded pension
liabilities. It's true at many corporations and municipalities, and it
shouldn't be allowed. It's just another way for employers to screw their
employees.


  #29   Report Post  
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Default New York is *my* city...

On 7/20/2013 4:58 PM, Eisboch wrote:


"iBoaterer" wrote in message
...

In article ,
says...

On 7/19/2013 4:35 PM, Wayne.B wrote:
On Fri, 19 Jul 2013 13:15:12 -0400, "F.O.A.D."

wrote:

We could have helped out the city of Detroit, but we blew those
trillions on Iraq and Afghanistan.


No jackass, we blew it on the sell ou....er, bail out... We gave it to
the Unions so they could party like it was 2099.... and they did. Now
it's gone, and it's time to pay the bill.
===



Please, enlighten all of us who don't think off the wall crazy ****.
Show where the money went to the unions.

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

GM filed for Chapter 13 bankruptcy in 2009. Bankruptcy law requires
that creditors to the bankrupt corporation receive equal treatment in
terms of payments made to them. In other words, you can't pay one
creditor 75-100 percent of what he is owed and another creditor only
25-50 percent.

But in the case of GM, the union pension fund (VEBA) was given much
higher priority compared to other unsecured vendors, bond holders and
creditors. In the restructuring process GM was able to negotiate new
pay scales and benefit packages for new hires but was not successful in
reigning back costs significantly for existing union employees. As a
result, GM still has the highest labor cost of any of it's competitors.

As of July 3, 2013, the American taxpayers are still in the hole to the
tune of $19 billion of the $50 billion GM bailout. That amount is just
about equal to the cost of retaining the pre-bankruptcy union
employees's payscale and benefit packages and is likely not to ever be
recovered.


In other words.. for about the millionth time, I am right, kevin is
jealous...
  #30   Report Post  
posted to rec.boats
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Posts: 6,605
Default New York is *my* city...

On 7/20/13 5:49 PM, JustWaitAFrekinMinute wrote:
On 7/20/2013 4:58 PM, Eisboch wrote:


"iBoaterer" wrote in message
...

In article ,
says...

On 7/19/2013 4:35 PM, Wayne.B wrote:
On Fri, 19 Jul 2013 13:15:12 -0400, "F.O.A.D."
wrote:

We could have helped out the city of Detroit, but we blew those
trillions on Iraq and Afghanistan.


No jackass, we blew it on the sell ou....er, bail out... We gave it to
the Unions so they could party like it was 2099.... and they did. Now
it's gone, and it's time to pay the bill.
===



Please, enlighten all of us who don't think off the wall crazy ****.
Show where the money went to the unions.

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

GM filed for Chapter 13 bankruptcy in 2009. Bankruptcy law requires
that creditors to the bankrupt corporation receive equal treatment in
terms of payments made to them. In other words, you can't pay one
creditor 75-100 percent of what he is owed and another creditor only
25-50 percent.

But in the case of GM, the union pension fund (VEBA) was given much
higher priority compared to other unsecured vendors, bond holders and
creditors. In the restructuring process GM was able to negotiate new
pay scales and benefit packages for new hires but was not successful in
reigning back costs significantly for existing union employees. As a
result, GM still has the highest labor cost of any of it's competitors.

As of July 3, 2013, the American taxpayers are still in the hole to the
tune of $19 billion of the $50 billion GM bailout. That amount is just
about equal to the cost of retaining the pre-bankruptcy union
employees's payscale and benefit packages and is likely not to ever be
recovered.


In other words.. for about the millionth time, I am right, kevin is
jealous...



Second funny of this day, and from the rec.boats lunatic.
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