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New York is *my* city...
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!" |
New York is *my* city...
On 7/19/2013 8:06 AM, 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!" I'll bet you thought the transvestite smoking a cigarette was hot. Personally I thought that stupid little video made Texas shine over NYC. |
New York is *my* city...
On 7/19/13 12:46 PM, iBoaterer wrote:
In article , says... 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Detroit's problems stem from an auto industry that at the time put profit before quality. We could have helped out the city of Detroit, but we blew those trillions on Iraq and Afghanistan. |
New York is *my* city...
On 7/19/13 12:04 PM, 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Texas is a societal, environmental and, unless you are rich, medical health hole, a state where pride in lack of regulation hurts ordinary people. It's the Wal-Mart of states, and it is on the attack on women. |
New York is *my* city...
On 7/19/2013 1:15 PM, F.O.A.D. wrote:
On 7/19/13 12:46 PM, iBoaterer wrote: In article , says... 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Detroit's problems stem from an auto industry that at the time put profit before quality. We could have helped out the city of Detroit, but we blew those trillions on Iraq and Afghanistan. What would you have done for the city of Detroit? Give em more handouts? Those stand up citizens of that fine city would probably appreciate a hand up rather than government hand outs. But that's not the liberal democratic progressive way, is it now? |
New York is *my* city...
On 7/19/2013 1:24 PM, F.O.A.D. wrote:
On 7/19/13 12:04 PM, 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Texas is a societal, environmental and, unless you are rich, medical health hole, a state where pride in lack of regulation hurts ordinary people. It's the Wal-Mart of states, and it is on the attack on women. If you care about women, Harry, why do you treat them so shabbily? |
New York is *my* city...
On 7/19/2013 1:44 PM, Hank© wrote:
On 7/19/2013 1:24 PM, F.O.A.D. wrote: On 7/19/13 12:04 PM, 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Texas is a societal, environmental and, unless you are rich, medical health hole, a state where pride in lack of regulation hurts ordinary people. It's the Wal-Mart of states, and it is on the attack on women. If you care about women, Harry, why do you treat them so shabbily? Remember how sensitive he is about women on his imaginary boats? Insisting that he would "lock the potty", and make them "either wait, or pee off the side"? Taliban style **** if you ask me. |
New York is *my* city...
On 7/19/13 2:11 PM, JustWaitAFrekinMinute wrote:
On 7/19/2013 1:44 PM, Hank© wrote: On 7/19/2013 1:24 PM, F.O.A.D. wrote: On 7/19/13 12:04 PM, 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Texas is a societal, environmental and, unless you are rich, medical health hole, a state where pride in lack of regulation hurts ordinary people. It's the Wal-Mart of states, and it is on the attack on women. If you care about women, Harry, why do you treat them so shabbily? Remember how sensitive he is about women on his imaginary boats? Insisting that he would "lock the potty", and make them "either wait, or pee off the side"? Taliban style **** if you ask me. So, how old was the girl who smashed your jaw when you were 12? Was she a full-patch gal with tattoos and body piercings? |
New York is *my* city...
In article ,
says... On 7/19/2013 1:44 PM, Hank© wrote: On 7/19/2013 1:24 PM, F.O.A.D. wrote: On 7/19/13 12:04 PM, 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Texas is a societal, environmental and, unless you are rich, medical health hole, a state where pride in lack of regulation hurts ordinary people. It's the Wal-Mart of states, and it is on the attack on women. If you care about women, Harry, why do you treat them so shabbily? Remember how sensitive he is about women on his imaginary boats? Insisting that he would "lock the potty", and make them "either wait, or pee off the side"? Taliban style **** if you ask me. Leave it to you, insane one, to take something WAY out of context. |
New York is *my* city...
On 7/19/13 3:55 PM, wrote:
On Fri, 19 Jul 2013 12:46:32 -0400, iBoaterer wrote: In article , says... 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Detroit's problems stem from an auto industry that at the time put profit before quality. 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 The point Texas is making is that it is easy pickings for employers who want to exploit the work force and the environment and families. "Come on down to the state of the stupid, where you can run your business pretty much anyway you want. No real rules here." |
New York is *my* city...
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. |
New York is *my* city...
In article ,
says... On Fri, 19 Jul 2013 12:46:32 -0400, iBoaterer wrote: In article , says... 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Detroit's problems stem from an auto industry that at the time put profit before quality. 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. |
New York is *my* city...
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. === 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. |
New York is *my* city...
On 7/19/13 5:36 PM, JustWaitAFrekinMinute wrote:
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. === That's absolutely complete bull****. |
New York is *my* city...
That lil' Snottie guy is crazy as a bedbug.
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New York is *my* city...
I'd rather live in Dallas than NYC anyday!
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New York is *my* city...
F.O.A.D. wrote:
On 7/19/13 12:46 PM, iBoaterer wrote: In article , says... 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Detroit's problems stem from an auto industry that at the time put profit before quality. We could have helped out the city of Detroit, but we blew those trillions on Iraq and Afghanistan. And your personal contribution was...zero. |
New York is *my* city...
iBoaterer wrote:
In article , says... On 7/19/2013 1:44 PM, Hank© wrote: On 7/19/2013 1:24 PM, F.O.A.D. wrote: On 7/19/13 12:04 PM, 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!" I doubt a business owner who is being bled dry with the taxes, closed shop laws and burdened with unnecessary regulations really does not care what Lewis Black or a bunch of foul mouthed New Yorkers have to say. Detroit was saying the same thing 25 years ago and look at them now. Texas is a societal, environmental and, unless you are rich, medical health hole, a state where pride in lack of regulation hurts ordinary people. It's the Wal-Mart of states, and it is on the attack on women. If you care about women, Harry, why do you treat them so shabbily? Remember how sensitive he is about women on his imaginary boats? Insisting that he would "lock the potty", and make them "either wait, or pee off the side"? Taliban style **** if you ask me. Leave it to you, insane one, to take something WAY out of context. You jumped in too soon, Kevin, the douchebag responded without any denial. |
New York is *my* city...
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. === 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. The unions made them uncompetitive. |
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 ; ; ; |
New York is *my* city...
|
New York is *my* city...
In article ,
says... On Fri, 19 Jul 2013 15:58:51 -0400, "F.O.A.D." wrote: On 7/19/13 3:55 PM, wrote: On Fri, 19 Jul 2013 12:46:32 -0400, iBoaterer wrote: 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 The point Texas is making is that it is easy pickings for employers who want to exploit the work force and the environment and families. "Come on down to the state of the stupid, where you can run your business pretty much anyway you want. No real rules here." Sounds like a convincing argument to move there to me. Yes, "the state of stupid" WOULD appeal to quite a few. |
New York is *my* city...
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New York is *my* city...
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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. |
New York is *my* city...
|
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. |
New York is *my* city...
|
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. |
New York is *my* city...
"F.O.A.D." wrote:
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. Absolutely correct. And if this was the law, the California taxpayers would not be on the hook for hundreds of billions in unfunded state and local government union labor pensions. We would negotiate affordable contracts! |
New York is *my* city...
On 7/20/13 6:24 PM, Califbill wrote:
"F.O.A.D." wrote: 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. Absolutely correct. And if this was the law, the California taxpayers would not be on the hook for hundreds of billions in unfunded state and local government union labor pensions. We would negotiate affordable contracts! For many decades, state and local government employees gave up getting decent wages for good health care and pension plans. Now the righties want to **** them out of those, too. |
New York is *my* city...
"F.O.A.D." wrote:
On 7/20/13 6:24 PM, Califbill wrote: "F.O.A.D." wrote: 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. Absolutely correct. And if this was the law, the California taxpayers would not be on the hook for hundreds of billions in unfunded state and local government union labor pensions. We would negotiate affordable contracts! For many decades, state and local government employees gave up getting decent wages for good health care and pension plans. Now the righties want to **** them out of those, too. They were never underpaid for their work. |
New York is *my* city...
wrote:
On Sat, 20 Jul 2013 18:26:40 -0400, "F.O.A.D." wrote: For many decades, state and local government employees gave up getting decent wages for good health care and pension plans. Now the righties want to **** them out of those, too. You are delusional. Even in a right to work state like Florida, the state and local government employees make a salary commensurate or better than private sector workers and in a lot of cases much better PLUS a fat benefit package that your private sector guy does not get. The retired cop across the street from me makes about $70,000 ... TAX FREE and gets insurance. My cousin is a retired sheriff deputy. About $120k a year pension. They spike there last year by collecting unused vacation and sick pay. |
New York is *my* city...
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New York is *my* city...
On 7/21/13 7:30 AM, wrote:
On Sun, 21 Jul 2013 06:56:31 -0400, "F.O.A.D." wrote: On 7/21/13 12:09 AM, wrote: On Sat, 20 Jul 2013 18:26:40 -0400, "F.O.A.D." wrote: For many decades, state and local government employees gave up getting decent wages for good health care and pension plans. Now the righties want to **** them out of those, too. You are delusional. Even in a right to work state like Florida, the state and local government employees make a salary commensurate or better than private sector workers and in a lot of cases much better PLUS a fat benefit package that your private sector guy does not get. The retired cop across the street from me makes about $70,000 ... TAX FREE and gets insurance. Oh, dear. An almost reasonable retirement. Maybe you should work to eliminate that pension or at least cut it in half, eh? If you did, why, there would be more money to be grabbed by the Romney crowd, eh? My private sector pension is about a third of that and I have to pay taxes on it. It would not break my heart if I was a citizen of that northern city and they trimmed a little off that pension ... and my tax bill. That's really funny. The retired cop's employer negotiated a contract with his union and you want to bust that agreement because he has an almost decent pension from his former employer and you don't. |
New York is *my* city...
Tax free??
No wonder 'merica is teetering on bankruptcy |
New York is *my* city...
In article ,
says... "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. That is compensation for money's owed to them. That's very different than Scotty's bull**** statement that they bailout money "we gave to the unions". |
New York is *my* city...
In article ,
says... 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... You stupid fool!!!! YOU said we "gave the (bailout) money to the unions". That's bull****, and yes, Eisboch is right, and that makes YOU WRONG, but you're too insane to see that. Do you really think that KevinLoogyPlumeTom is real? You need serious help if so, and why would this imaginary friend of yours be "jealous" of an insane fool like you who claims that his insane babble is a direct cause/affect of his jaw being smashed in? |
New York is *my* city...
In article ,
says... 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. His jawbone is acting up again..... |
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