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HK August 1st 08 02:02 PM

GM loses big-time
 


DOW JONES NEWSWIRES

General Motors Corp. (GM) posted a stunning $15.5 billion second-quarter
net loss, as the auto maker piled up $9.1 billion in charges and
write-downs and suffered a deep drop in North American sales.

The company had warned in mid-July that it would post "a significant
second quarter loss." But the actual numbers were far worse than
analysts had expected, and point to the enormous challenges facing GM as
buyers turn away en masse from its most profitable offerings.

GM shares fell more than 7% in premarket trading to $10.20.

GM reported a net loss of $27.33 a share, compared with net income of
$891 million, or $1.56 a share, a year earlier. Excluding items, the
loss was $6.3 billion, or $11.21 a share.

Revenue fell 18% to $38.2 billion.

Analysts surveyed by Thomson Reuters had been looking for a loss,
excluding items, of $2.62 a share on revenue of $44.57 billion.

GM's Latin American operation was a bright spot - profit rose to $445
million from $296 million. But Asia swung to loss and European profits
tumbled 94%.

Excluding charges, the North American business had a $4.3 billion loss
as revenue dropped by one-third to $19.8 billion, pushing market share
down to 20.2% from 22.7%.

A year ago, GM swung to a second-quarter profit as it relied on
continued strength in international operations and a slim profit in its
core North American automotive unit to dramatically improve its bottom line.

GM's earnings were also dented by a $1.2 billion loss from its 49% stake
in its GMAC LLC financing arm. Thursday, GMAC swung to a second-quarter
loss as it took a $716 million write-down on leases and recorded more
losses from its Residential Capital LLC unit.

Second-quarter cash levels fell to $21 billion at the end of the second
quarter from $23.9 billion at the end of the first quarter.

The dismal second quarter caps four consecutive years of disappointing
results, dating back to the beginning of 2005, when GM shocked Wall
Street with an abrupt string of deep losses. Since then, Chief Executive
Rick Wagoner has been racing to cut costs, slim down operations and
remake the vehicle portfolio.

*At the same time, Wagoner has invested heavily into emerging markets,
placing big bets in Latin America, Eastern Europe and Asia even as
market share dwindles at home.*

- - -

Any bets as to when GM will abandon manufacturing in the U.S. market?


[email protected] August 1st 08 02:04 PM

SPAM: wafaspam... more cut and paste
 
..

Eisboch August 1st 08 02:11 PM

GM loses big-time
 

"hk" wrote in message
. ..


DOW JONES NEWSWIRES

General Motors Corp. (GM) posted a stunning $15.5 billion second-quarter
net loss, as the auto maker piled up $9.1 billion in charges and
write-downs and suffered a deep drop in North American sales.

The company had warned in mid-July that it would post "a significant
second quarter loss." But the actual numbers were far worse than analysts
had expected, and point to the enormous challenges facing GM as buyers
turn away en masse from its most profitable offerings.

GM shares fell more than 7% in premarket trading to $10.20.

GM reported a net loss of $27.33 a share, compared with net income of $891
million, or $1.56 a share, a year earlier. Excluding items, the loss was
$6.3 billion, or $11.21 a share.

Revenue fell 18% to $38.2 billion.

Analysts surveyed by Thomson Reuters had been looking for a loss,
excluding items, of $2.62 a share on revenue of $44.57 billion.

GM's Latin American operation was a bright spot - profit rose to $445
million from $296 million. But Asia swung to loss and European profits
tumbled 94%.

Excluding charges, the North American business had a $4.3 billion loss as
revenue dropped by one-third to $19.8 billion, pushing market share down
to 20.2% from 22.7%.

A year ago, GM swung to a second-quarter profit as it relied on continued
strength in international operations and a slim profit in its core North
American automotive unit to dramatically improve its bottom line.

GM's earnings were also dented by a $1.2 billion loss from its 49% stake
in its GMAC LLC financing arm. Thursday, GMAC swung to a second-quarter
loss as it took a $716 million write-down on leases and recorded more
losses from its Residential Capital LLC unit.

Second-quarter cash levels fell to $21 billion at the end of the second
quarter from $23.9 billion at the end of the first quarter.

The dismal second quarter caps four consecutive years of disappointing
results, dating back to the beginning of 2005, when GM shocked Wall Street
with an abrupt string of deep losses. Since then, Chief Executive Rick
Wagoner has been racing to cut costs, slim down operations and remake the
vehicle portfolio.

*At the same time, Wagoner has invested heavily into emerging markets,
placing big bets in Latin America, Eastern Europe and Asia even as market
share dwindles at home.*

- - -

Any bets as to when GM will abandon manufacturing in the U.S. market?



No time soon.

Although dismal financial results, the bulk of the "losses" are write offs
and charges to re-tool for the manufacture of more smaller, fuel efficient
cars for the US market.

Sounds horrible, and I am not making light of the problems, but it's not as
bad as the media (and you) are making it out to be.

Eisboch



Eisboch August 1st 08 02:15 PM

GM loses big-time
 

BTW ....

*This* little news tidbit ought to get your blood circulating ..... :-)

http://news.yahoo.com/s/nm/20080801/...t_democrats_dc

Eisboch



Eisboch August 1st 08 02:20 PM

GM loses big-time
 

"Reginald P. Smithers III, Esq." wrote
in message . ..


I am trying to figure out why Harry is relishing the fact that any company
is having a downturn.

It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
it has a negative impact on the employees and the local and/or national
economy.

I guess Harry just enjoys seeing others hurt.




I sincerely don't think Harry wants anybody hurt.

He's in warm-up mode for November. Happens every four years.

Eisboch



Reginald P. Smithers III, Esq.[_2_] August 1st 08 02:23 PM

GM loses big-time
 
Eisboch wrote:
"hk" wrote in message
. ..

DOW JONES NEWSWIRES

General Motors Corp. (GM) posted a stunning $15.5 billion second-quarter
net loss, as the auto maker piled up $9.1 billion in charges and
write-downs and suffered a deep drop in North American sales.

The company had warned in mid-July that it would post "a significant
second quarter loss." But the actual numbers were far worse than analysts
had expected, and point to the enormous challenges facing GM as buyers
turn away en masse from its most profitable offerings.

GM shares fell more than 7% in premarket trading to $10.20.

GM reported a net loss of $27.33 a share, compared with net income of $891
million, or $1.56 a share, a year earlier. Excluding items, the loss was
$6.3 billion, or $11.21 a share.

Revenue fell 18% to $38.2 billion.

Analysts surveyed by Thomson Reuters had been looking for a loss,
excluding items, of $2.62 a share on revenue of $44.57 billion.

GM's Latin American operation was a bright spot - profit rose to $445
million from $296 million. But Asia swung to loss and European profits
tumbled 94%.

Excluding charges, the North American business had a $4.3 billion loss as
revenue dropped by one-third to $19.8 billion, pushing market share down
to 20.2% from 22.7%.

A year ago, GM swung to a second-quarter profit as it relied on continued
strength in international operations and a slim profit in its core North
American automotive unit to dramatically improve its bottom line.

GM's earnings were also dented by a $1.2 billion loss from its 49% stake
in its GMAC LLC financing arm. Thursday, GMAC swung to a second-quarter
loss as it took a $716 million write-down on leases and recorded more
losses from its Residential Capital LLC unit.

Second-quarter cash levels fell to $21 billion at the end of the second
quarter from $23.9 billion at the end of the first quarter.

The dismal second quarter caps four consecutive years of disappointing
results, dating back to the beginning of 2005, when GM shocked Wall Street
with an abrupt string of deep losses. Since then, Chief Executive Rick
Wagoner has been racing to cut costs, slim down operations and remake the
vehicle portfolio.

*At the same time, Wagoner has invested heavily into emerging markets,
placing big bets in Latin America, Eastern Europe and Asia even as market
share dwindles at home.*

- - -

Any bets as to when GM will abandon manufacturing in the U.S. market?



No time soon.

Although dismal financial results, the bulk of the "losses" are write offs
and charges to re-tool for the manufacture of more smaller, fuel efficient
cars for the US market.

Sounds horrible, and I am not making light of the problems, but it's not as
bad as the media (and you) are making it out to be.

Eisboch


I am trying to figure out why Harry is relishing the fact that any
company is having a downturn.

It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
it has a negative impact on the employees and the local and/or
national economy.

I guess Harry just enjoys seeing others hurt.

Larry August 1st 08 02:25 PM

GM loses big-time
 
hk wrote in news:2JudnbY7
:

General Motors Corp. (GM) posted a stunning $15.5 billion second-

quarter
net loss,


They should have told their dealers tough **** when the dealers
complained that the EV-1 was too reliable to be profitable for their
service departments. But, alas, they crushed them all, rather than give
America its first working electric car in 70 years that the people they
loaned them out to just loved. They loved them so much they followed
the repo crews around and found the storage lot their previous cars were
sent to until the salvage yards could crush them, after removing the
batteries.

This stupid company gets all it deserves. When my father died, I
inherited a 1996 Chevy Caprice Classic barge. Every time you tried to
put down the electric windows, something happened. The 30A breaker in
the panel would trip at times after a blink of all the lights and engine
computer reset. I traced that to a cut in the insulation of the HOOKUP
WIRE the damned car was completely wired with. HOOKUP WIRE! I had no
wiring harness and looked like it was wired by some kids building pedal
carts in dad's garage! The wires were simply wrapped in vinyl electric
tape, loosely, and laid against the sharp, BARE, UNPAINTED metal edges
the doors and anyplace the customer couldn't readily see, was made of.
The cheap thermoplastic simply wore through and shorted the circuit to
ground.

TWO other times, the windows simply fell out of their tracks into the
bottom of the door. Taking the doors apart revealed the scissors jacks
the windows ran up and down on, that looked like those punching jokes
out of an old movie, probably where GM's "engineers" got the idea in
1947, were made with plastic parts that MELTED IN THE PARKING LOT!
Nylon costs too much money to put in the flagship of the Chevy fleet.
We used cheap thermoplastic that melts around 150F. I emailed GM hoping
there was some kind of update parts made of nylon or better stuff. I
have the GM email which said:

"Dear Mr. Butler,

Thank you for contacting the Chevrolet Customer Assistance Center. We
appreciate you taking the time to write us in regards to your 1996
vehicle.

I'm sorry that the runners are warping and your windows are falling out.
If replacing your vehicle is not an option, I suggest keeping it shaded.

Try parking under cover or in the shade as much as possible. You may
want
to invest in a cover for your vehicle to prevent direct exposure to the
sun.

If you should need to contact us in the future, simply reply to this
message or call our Chevrolet Customer Assistance Center at
1-800-222-1020. Customer Relationship Specialists are available Monday
through Friday from 8:00 a.m. to 11:00 p.m., Eastern Time.

Again, thank you for contacting Chevrolet.

Sincerely,

The Chevrolet Consumer Support Team"

This is the EXACT text of the stored email on my hard drive. I kid you
not, they wanted me to PARK IT IN THE SHADE!

I hope GM goes completely bankrupt and Toyota, or some Japanese company
with more sane people running it, takes over the plants to build TINY
cars that get 80mpg and TINY trucks testosterone-charged American males
are going to have to learn to live with, now that they've come to the
realization they can no longer afford to drive those Chevy penis
extension pickups with the 500hp engines to the shop for constant
repairs.

GM can kiss my ass......(c;



HK August 1st 08 02:27 PM

GM loses big-time
 
Eisboch wrote:
BTW ....

*This* little news tidbit ought to get your blood circulating ..... :-)

http://news.yahoo.com/s/nm/20080801/...t_democrats_dc

Eisboch




I *love* it. It tells me Wal-Mart is scared.


" (Reuters) - Wal-Mart Stores Inc is mobilizing U.S. store managers to
lobby against Democrats in November's presidential election, fearing
they will make it easier for workers to unionize, The Wall Street
Journal reported on Friday.

In recent weeks, thousands of Wal-Mart managers and department heads
have been summoned to mandatory meetings at which the retailer stresses
the downside for workers if store workers unionize, the paper said."



- - -


Wal-Mart is among the most exploitative major employers in the United
States. The so-called "health insurance" it "offers" its employees is a
fraud. It is a major violator of wage-hour laws. It is the major seller
of crap ChiComm products in the USA.




Eisboch August 1st 08 02:28 PM

GM loses big-time
 

"hk" wrote in message
. ..

Eisboch wrote:

"Reginald P. Smithers III, Esq."
wrote


I guess Harry just enjoys seeing others hurt.




I sincerely don't think Harry wants anybody hurt.

He's in warm-up mode for November. Happens every four years.

Eisboch



Reggie is an idiot. I don't "relish" GM's bad news. It means more bad news
for its remaining workforce.

Thank god the Bush-GOP plan to "privatize" social security so individuals
could invest in the flim-flam game called the stock market
got nowhere.


Thank God most people realize they can't rely on social security alone in
their retirement.

Eisboch



HK August 1st 08 02:30 PM

GM loses big-time
 
Eisboch wrote:
"Reginald P. Smithers III, Esq." wrote
in message . ..

I am trying to figure out why Harry is relishing the fact that any company
is having a downturn.

It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
it has a negative impact on the employees and the local and/or national
economy.

I guess Harry just enjoys seeing others hurt.




I sincerely don't think Harry wants anybody hurt.

He's in warm-up mode for November. Happens every four years.

Eisboch




Reggie is an idiot. I don't "relish" GM's bad news. It means more bad
news for its remaining workforce.

Thank god the Bush-GOP plan to "privatize" social security so
individuals could invest in the flim-flam game called the stock market
got nowhere.


Eisboch August 1st 08 02:33 PM

GM loses big-time
 

"Larry" wrote in message
...
hk wrote in news:2JudnbY7
:

General Motors Corp. (GM) posted a stunning $15.5 billion second-

quarter
net loss,


They should have told their dealers tough **** when the dealers
complained that the EV-1 was too reliable to be profitable for their
service departments. But, alas, they crushed them all, rather than give
America its first working electric car in 70 years that the people they
loaned them out to just loved. They loved them so much they followed
the repo crews around and found the storage lot their previous cars were
sent to until the salvage yards could crush them, after removing the
batteries.

This stupid company gets all it deserves. When my father died, I
inherited a 1996 Chevy Caprice Classic barge. Every time you tried to
put down the electric windows, something happened. The 30A breaker in
the panel would trip at times after a blink of all the lights and engine
computer reset. I traced that to a cut in the insulation of the HOOKUP
WIRE the damned car was completely wired with. HOOKUP WIRE! I had no
wiring harness and looked like it was wired by some kids building pedal
carts in dad's garage! The wires were simply wrapped in vinyl electric
tape, loosely, and laid against the sharp, BARE, UNPAINTED metal edges
the doors and anyplace the customer couldn't readily see, was made of.
The cheap thermoplastic simply wore through and shorted the circuit to
ground.

TWO other times, the windows simply fell out of their tracks into the
bottom of the door. Taking the doors apart revealed the scissors jacks
the windows ran up and down on, that looked like those punching jokes
out of an old movie, probably where GM's "engineers" got the idea in
1947, were made with plastic parts that MELTED IN THE PARKING LOT!
Nylon costs too much money to put in the flagship of the Chevy fleet.
We used cheap thermoplastic that melts around 150F. I emailed GM hoping
there was some kind of update parts made of nylon or better stuff. I
have the GM email which said:

"Dear Mr. Butler,

Thank you for contacting the Chevrolet Customer Assistance Center. We
appreciate you taking the time to write us in regards to your 1996
vehicle.

I'm sorry that the runners are warping and your windows are falling out.
If replacing your vehicle is not an option, I suggest keeping it shaded.

Try parking under cover or in the shade as much as possible. You may
want
to invest in a cover for your vehicle to prevent direct exposure to the
sun.

If you should need to contact us in the future, simply reply to this
message or call our Chevrolet Customer Assistance Center at
1-800-222-1020. Customer Relationship Specialists are available Monday
through Friday from 8:00 a.m. to 11:00 p.m., Eastern Time.

Again, thank you for contacting Chevrolet.

Sincerely,

The Chevrolet Consumer Support Team"

This is the EXACT text of the stored email on my hard drive. I kid you
not, they wanted me to PARK IT IN THE SHADE!

I hope GM goes completely bankrupt and Toyota, or some Japanese company
with more sane people running it, takes over the plants to build TINY
cars that get 80mpg and TINY trucks testosterone-charged American males
are going to have to learn to live with, now that they've come to the
realization they can no longer afford to drive those Chevy penis
extension pickups with the 500hp engines to the shop for constant
repairs.

GM can kiss my ass......(c;




Well, there goes another happy customer.

"Hook-up" wire? No wiring harnesses? Come on Larry. Fess up. Who
"re-wired" your car?

Eisboch



HK August 1st 08 02:38 PM

GM loses big-time
 
Larry wrote:
hk wrote in news:2JudnbY7
:

General Motors Corp. (GM) posted a stunning $15.5 billion second-

quarter
net loss,


They should have told their dealers tough **** when the dealers
complained that the EV-1 was too reliable to be profitable for their
service departments. But, alas, they crushed them all, rather than give
America its first working electric car in 70 years that the people they
loaned them out to just loved. They loved them so much they followed
the repo crews around and found the storage lot their previous cars were
sent to until the salvage yards could crush them, after removing the
batteries.

This stupid company gets all it deserves. When my father died, I
inherited a 1996 Chevy Caprice Classic barge. Every time you tried to
put down the electric windows, something happened. The 30A breaker in
the panel would trip at times after a blink of all the lights and engine
computer reset. I traced that to a cut in the insulation of the HOOKUP
WIRE the damned car was completely wired with. HOOKUP WIRE! I had no
wiring harness and looked like it was wired by some kids building pedal
carts in dad's garage! The wires were simply wrapped in vinyl electric
tape, loosely, and laid against the sharp, BARE, UNPAINTED metal edges
the doors and anyplace the customer couldn't readily see, was made of.
The cheap thermoplastic simply wore through and shorted the circuit to
ground.

TWO other times, the windows simply fell out of their tracks into the
bottom of the door. Taking the doors apart revealed the scissors jacks
the windows ran up and down on, that looked like those punching jokes
out of an old movie, probably where GM's "engineers" got the idea in
1947, were made with plastic parts that MELTED IN THE PARKING LOT!
Nylon costs too much money to put in the flagship of the Chevy fleet.
We used cheap thermoplastic that melts around 150F. I emailed GM hoping
there was some kind of update parts made of nylon or better stuff. I
have the GM email which said:

"Dear Mr. Butler,

Thank you for contacting the Chevrolet Customer Assistance Center. We
appreciate you taking the time to write us in regards to your 1996
vehicle.

I'm sorry that the runners are warping and your windows are falling out.
If replacing your vehicle is not an option, I suggest keeping it shaded.

Try parking under cover or in the shade as much as possible. You may
want
to invest in a cover for your vehicle to prevent direct exposure to the
sun.

If you should need to contact us in the future, simply reply to this
message or call our Chevrolet Customer Assistance Center at
1-800-222-1020. Customer Relationship Specialists are available Monday
through Friday from 8:00 a.m. to 11:00 p.m., Eastern Time.

Again, thank you for contacting Chevrolet.

Sincerely,

The Chevrolet Consumer Support Team"

This is the EXACT text of the stored email on my hard drive. I kid you
not, they wanted me to PARK IT IN THE SHADE!

I hope GM goes completely bankrupt and Toyota, or some Japanese company
with more sane people running it, takes over the plants to build TINY
cars that get 80mpg and TINY trucks testosterone-charged American males
are going to have to learn to live with, now that they've come to the
realization they can no longer afford to drive those Chevy penis
extension pickups with the 500hp engines to the shop for constant
repairs.

GM can kiss my ass......(c;




Interesting. BTW, the problems you've outlined here are the result of
"management" decisions, not the decisions of the guys on the assembly
line. If you've ever been in a major league auto plant, you'd know that
*all* decisions are made by supervisors, not the work force. So, using
plastic instead of nylon was a management decision, and not insulting
the wires properly was a management decision.

In contrast, I just a message indicating a nylon/stainless clamp on my
Japanese outboard "might" fail, and there is now an all-stainless steel
clamp available that will be fitted the motor at my next service visit
at no cost to me. The clamp isn't even related to anything critical.

Apparently the management at Yamaha is a bit more attuned to customers
than to paying that 25-cent quarterly dividend. Oh...I'm not claiming
that the Japanese outboards are "flawless," nor are the companies that
produce them.


HK August 1st 08 02:39 PM

GM loses big-time
 
Eisboch wrote:
"hk" wrote in message
. ..

Eisboch wrote:

"Reginald P. Smithers III, Esq."
wrote


I guess Harry just enjoys seeing others hurt.


I sincerely don't think Harry wants anybody hurt.

He's in warm-up mode for November. Happens every four years.

Eisboch


Reggie is an idiot. I don't "relish" GM's bad news. It means more bad news
for its remaining workforce.

Thank god the Bush-GOP plan to "privatize" social security so individuals
could invest in the flim-flam game called the stock market
got nowhere.


Thank God most people realize they can't rely on social security alone in
their retirement.

Eisboch



Yeah, well that wasn't the point, was it...

Eisboch August 1st 08 02:43 PM

GM loses big-time
 

"hk" wrote in message
. ..


I *love* it. It tells me Wal-Mart is scared.



Wal-Mart is among the most exploitative major employers in the United
States. The so-called "health insurance" it "offers" its employees is a
fraud. It is a major violator of wage-hour laws. It is the major seller of
crap ChiComm products in the USA.




It seems to me that Wal-Mart has a specific goal to remain a low-cost outlet
for limited income families and/or those that like to pinch pennys when
buying basic necessities. In your quote you left out the part whereby by
unionizing, Wal-Mart would need to raise prices and lay off employees.

Why not let the public chose where they want to shop and work?

Eisboch



HK August 1st 08 02:45 PM

GM loses big-time
 

Eisboch wrote:
"hk" wrote in message
. ..

Eisboch wrote:

"Reginald P. Smithers III, Esq."
wrote


I guess Harry just enjoys seeing others hurt.


I sincerely don't think Harry wants anybody hurt.

He's in warm-up mode for November. Happens every four years.

Eisboch

Reggie is an idiot. I don't "relish" GM's bad news. It means more bad
news for its remaining workforce.

Thank god the Bush-GOP plan to "privatize" social security so
individuals could invest in the flim-flam game called the stock market
got nowhere.


Thank God most people realize they can't rely on social security alone
in their retirement.

Eisboch


Yeah, well that wasn't the point, was it...



Oh...and it's not that all corporations are bad all the time.

While HP's telephone customer service for its comsumer products now
sucks (it's been moved offshore and the phones are answered by
automatons who can only read off a script), there still are a few
thinking people employed at the company.

One of my cats has decided the top of my little HP color laser printer
is the best place to nap. The output tray at the rear of the machine
apparently was annoying him, so he bounced on it until he broke it off.

I sent an email to HP (I knew better than to call), and got a response
that a new tray was being sent to me gratis, but that I would have to
pay the $7 shipping charge. More than fair. They want a photo of the
cat, too.



[email protected] August 1st 08 02:56 PM

GM loses big-time
 
On Aug 1, 9:20*am, "Eisboch" wrote:
"Reginald P. Smithers III, Esq." wrote
in messagenews:SdCdnTQC6JDYkw7VnZ2dnUVZ_vqdnZ2d@comca st.com...



I am trying to figure out why Harry is relishing the fact that any company
is having a downturn.


It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
*it has a negative impact on the employees and the local and/or national
economy.


I guess Harry just enjoys seeing others hurt.


I sincerely don't think Harry wants anybody hurt.


Yes he does! He's wished injury or death on several people here.

HK August 1st 08 03:07 PM

GM loses big-time
 
Eisboch wrote:
"hk" wrote in message
. ..

I *love* it. It tells me Wal-Mart is scared.



Wal-Mart is among the most exploitative major employers in the United
States. The so-called "health insurance" it "offers" its employees is a
fraud. It is a major violator of wage-hour laws. It is the major seller of
crap ChiComm products in the USA.




It seems to me that Wal-Mart has a specific goal to remain a low-cost outlet
for limited income families and/or those that like to pinch pennys when
buying basic necessities. In your quote you left out the part whereby by
unionizing, Wal-Mart would need to raise prices and lay off employees.

Why not let the public chose where they want to shop and work?

Eisboch




Shop wherever the hell you want. Free choice in shopping is fine if the
"public" has the ability to have influence on how its area is developed.
In our part of our rural, conservative county, we have an older Wal-Mart
store (that I've never been in), but we stopped Wal-Mart dead in its
tracks with its plans to built a "super Wal-Mart" in our area. Wal-Mart
spent a ton of money on PR and political bribes to force it way. All it
took to defeat Wal-Mart was a number of petitions signed by enough
voters to let the county pols know they'd be out on their asses if they
approved building the new store.


Reginald P. Smithers III, Esq.[_2_] August 1st 08 03:13 PM

GM loses big-time
 
hk wrote:
Eisboch wrote:
"hk" wrote in message
. ..

I *love* it. It tells me Wal-Mart is scared.



Wal-Mart is among the most exploitative major employers in the United
States. The so-called "health insurance" it "offers" its employees is
a fraud. It is a major violator of wage-hour laws. It is the major
seller of crap ChiComm products in the USA.




It seems to me that Wal-Mart has a specific goal to remain a low-cost
outlet for limited income families and/or those that like to pinch
pennys when buying basic necessities. In your quote you left out the
part whereby by unionizing, Wal-Mart would need to raise prices and
lay off employees.

Why not let the public chose where they want to shop and work?

Eisboch




Shop wherever the hell you want. Free choice in shopping is fine if the
"public" has the ability to have influence on how its area is developed.
In our part of our rural, conservative county, we have an older Wal-Mart
store (that I've never been in), but we stopped Wal-Mart dead in its
tracks with its plans to built a "super Wal-Mart" in our area. Wal-Mart
spent a ton of money on PR and political bribes to force it way. All it
took to defeat Wal-Mart was a number of petitions signed by enough
voters to let the county pols know they'd be out on their asses if they
approved building the new store.


What Harry is really saying:

Free choice in shopping is fine as long as I can tell people what their
choices are.

Eisboch August 1st 08 03:27 PM

GM loses big-time
 

"hk" wrote in message
. ..


Shop wherever the hell you want. Free choice in shopping is fine if the
"public" has the ability to have influence on how its area is developed.
In our part of our rural, conservative county, we have an older Wal-Mart
store (that I've never been in), but we stopped Wal-Mart dead in its
tracks with its plans to built a "super Wal-Mart" in our area. Wal-Mart
spent a ton of money on PR and political bribes to force it way. All it
took to defeat Wal-Mart was a number of petitions signed by enough voters
to let the county pols know they'd be out on their asses if they approved
building the new store.



Your neighbors on fixed or limited incomes thank you.

Eisboch



Eisboch August 1st 08 03:46 PM

GM loses big-time
 

"D.Duck" wrote in message
...

"hk" wrote in message

Thank god the Bush-GOP plan to "privatize" social security so individuals
could invest in the flim-flam game called the stock market
got nowhere.





Historically the "market" returns an annual average 10% return. Is that
flim-flam?


Please don't confuse this issue with facts.

Eisboch



D.Duck August 1st 08 03:49 PM

GM loses big-time
 

"hk" wrote in message
. ..
Eisboch wrote:
"Reginald P. Smithers III, Esq."
wrote in message . ..

I am trying to figure out why Harry is relishing the fact that any
company is having a downturn.

It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
it has a negative impact on the employees and the local and/or national
economy.

I guess Harry just enjoys seeing others hurt.




I sincerely don't think Harry wants anybody hurt.

He's in warm-up mode for November. Happens every four years.

Eisboch



Reggie is an idiot. I don't "relish" GM's bad news. It means more bad news
for its remaining workforce.

Thank god the Bush-GOP plan to "privatize" social security so individuals
could invest in the flim-flam game called the stock market
got nowhere.



Historically the "market" returns an annual average 10% return. Is that
flim-flam?



D.Duck August 1st 08 03:53 PM

GM loses big-time
 

"D.Duck" wrote in message
...

"hk" wrote in message
. ..
Eisboch wrote:
"Reginald P. Smithers III, Esq."
wrote in message . ..

I am trying to figure out why Harry is relishing the fact that any
company is having a downturn.

It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
it has a negative impact on the employees and the local and/or
national economy.

I guess Harry just enjoys seeing others hurt.



I sincerely don't think Harry wants anybody hurt.

He's in warm-up mode for November. Happens every four years.

Eisboch



Reggie is an idiot. I don't "relish" GM's bad news. It means more bad
news for its remaining workforce.

Thank god the Bush-GOP plan to "privatize" social security so individuals
could invest in the flim-flam game called the stock market
got nowhere.



Historically the "market" returns an annual average 10% return. Is that
flim-flam?


Oooops, sorry.



[email protected] August 1st 08 03:56 PM

GM loses big-time
 
On Aug 1, 9:20*am, "Eisboch" wrote:
"Reginald P. Smithers III, Esq." wrote
in messagenews:SdCdnTQC6JDYkw7VnZ2dnUVZ_vqdnZ2d@comca st.com...



I am trying to figure out why Harry is relishing the fact that any company
is having a downturn.


It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
*it has a negative impact on the employees and the local and/or national
economy.


I guess Harry just enjoys seeing others hurt.


I sincerely don't think Harry wants anybody hurt.

He's in warm-up mode for November. * Happens every four years.

Eisboch


That's why I try to squash it, but it seems with 22 followup posts,
you all want to talk about it here.. Seems you have forgotten what
wafa can do to a group in an election year... geeze..

Wayne.B August 1st 08 04:28 PM

GM loses big-time
 
On Fri, 1 Aug 2008 10:27:47 -0400, "Eisboch"
wrote:


"hk" wrote in message
...


Shop wherever the hell you want. Free choice in shopping is fine if the
"public" has the ability to have influence on how its area is developed.
In our part of our rural, conservative county, we have an older Wal-Mart
store (that I've never been in), but we stopped Wal-Mart dead in its
tracks with its plans to built a "super Wal-Mart" in our area. Wal-Mart
spent a ton of money on PR and political bribes to force it way. All it
took to defeat Wal-Mart was a number of petitions signed by enough voters
to let the county pols know they'd be out on their asses if they approved
building the new store.



Your neighbors on fixed or limited incomes thank you.

Eisboch


Harry (WAFA), being the hypocrite that he is, surely does not want any
neighbors like that.


[email protected] August 1st 08 04:38 PM

GM loses big-time
 
On Aug 1, 11:28*am, Wayne.B wrote:
On Fri, 1 Aug 2008 10:27:47 -0400, "Eisboch"
wrote:







"hk" wrote in message
...


Shop wherever the hell you want. Free choice in shopping is fine if the
"public" has the ability to have influence on how its area is developed.
In our part of our rural, conservative county, we have an older Wal-Mart
store (that I've never been in), but we stopped Wal-Mart dead in its
tracks with its plans to built a "super Wal-Mart" in our area. Wal-Mart
spent a ton of money on PR and political bribes to force it way. All it
took to defeat Wal-Mart was a number of petitions signed by enough voters
to let the county pols know they'd be out on their asses if they approved
building the new store.


Your neighbors on fixed or limited incomes thank you.


Eisboch


Harry (WAFA), being the hypocrite that he is, surely does not want any
neighbors like that.- Hide quoted text -

- Show quoted text -


How would you know? What we do know is wafa will take one side of an
issue today, and another tomorrow, as long as he can **** you all
off.. Like I have said before, I can't see why anyone would bother
debating someone who is not going to debate honestly? It just makes no
sense... You could have more fun debating yourself, and at least then
it wouldn't get personal or vulgar which you know is the eventual
outcome of any debate with our stooges...

John H.[_5_] August 1st 08 04:45 PM

GM loses big-time
 
On Fri, 1 Aug 2008 09:20:08 -0400, "Eisboch" wrote:


"Reginald P. Smithers III, Esq." wrote
in message . ..


I am trying to figure out why Harry is relishing the fact that any company
is having a downturn.

It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
it has a negative impact on the employees and the local and/or national
economy.

I guess Harry just enjoys seeing others hurt.




I sincerely don't think Harry wants anybody hurt.

He's in warm-up mode for November. Happens every four years.

Eisboch


It's the same crap liberals spew whenever they get the chance. If a company
is making a profit, it's bad. If a company is losing money, it's bad. If
refineries were run by the government, it would be good. If cars were built
by the government, it would be good.

What horse****. But...oh, never mind.

John H.[_5_] August 1st 08 04:47 PM

GM loses big-time
 
On Fri, 1 Aug 2008 09:43:21 -0400, "Eisboch" wrote:


"hk" wrote in message
...


I *love* it. It tells me Wal-Mart is scared.



Wal-Mart is among the most exploitative major employers in the United
States. The so-called "health insurance" it "offers" its employees is a
fraud. It is a major violator of wage-hour laws. It is the major seller of
crap ChiComm products in the USA.




It seems to me that Wal-Mart has a specific goal to remain a low-cost outlet
for limited income families and/or those that like to pinch pennys when
buying basic necessities. In your quote you left out the part whereby by
unionizing, Wal-Mart would need to raise prices and lay off employees.

Why not let the public chose where they want to shop and work?

Eisboch


It would be better if Wal-Mart employees were all government workers. Then
the man would be happy.

John H.[_5_] August 1st 08 04:48 PM

GM loses big-time
 
On Fri, 1 Aug 2008 08:38:08 -0700 (PDT),
wrote:

On Aug 1, 11:28*am, Wayne.B wrote:
On Fri, 1 Aug 2008 10:27:47 -0400, "Eisboch"
wrote:







"hk" wrote in message
...


Shop wherever the hell you want. Free choice in shopping is fine if the
"public" has the ability to have influence on how its area is developed.
In our part of our rural, conservative county, we have an older Wal-Mart
store (that I've never been in), but we stopped Wal-Mart dead in its
tracks with its plans to built a "super Wal-Mart" in our area. Wal-Mart
spent a ton of money on PR and political bribes to force it way. All it
took to defeat Wal-Mart was a number of petitions signed by enough voters
to let the county pols know they'd be out on their asses if they approved
building the new store.


Your neighbors on fixed or limited incomes thank you.


Eisboch


Harry (WAFA), being the hypocrite that he is, surely does not want any
neighbors like that.- Hide quoted text -

- Show quoted text -


How would you know? What we do know is wafa will take one side of an
issue today, and another tomorrow, as long as he can **** you all
off.. Like I have said before, I can't see why anyone would bother
debating someone who is not going to debate honestly? It just makes no
sense... You could have more fun debating yourself, and at least then
it wouldn't get personal or vulgar which you know is the eventual
outcome of any debate with our stooges...


Yippee!!

Someone who gets it!

HK August 1st 08 05:15 PM

GM loses big-time
 
Eisboch wrote:
"hk" wrote in message
. ..

Shop wherever the hell you want. Free choice in shopping is fine if the
"public" has the ability to have influence on how its area is developed.
In our part of our rural, conservative county, we have an older Wal-Mart
store (that I've never been in), but we stopped Wal-Mart dead in its
tracks with its plans to built a "super Wal-Mart" in our area. Wal-Mart
spent a ton of money on PR and political bribes to force it way. All it
took to defeat Wal-Mart was a number of petitions signed by enough voters
to let the county pols know they'd be out on their asses if they approved
building the new store.



Your neighbors on fixed or limited incomes thank you.

Eisboch




Many retirees were the most vocal against wal-mart's plans at the county
meetings. As I stated, we already have a wal-mart.

This is not a highly affluent county, by the way. It's still mostly
rural, thank god.

Eisboch August 1st 08 05:15 PM

GM loses big-time
 

wrote in message
...

On Aug 1, 9:20 am, "Eisboch" wrote:

He's in warm-up mode for November. Happens every four years.

Eisboch




That's why I try to squash it, but it seems with 22 followup posts,
you all want to talk about it here.. Seems you have forgotten what
wafa can do to a group in an election year... geeze..



I'd just sit back and enjoy it. It gets comical. You can't squash it.
It's his reason for being.

Eisboch



HK August 1st 08 05:16 PM

GM loses big-time
 
wrote:
On Aug 1, 9:20 am, "Eisboch" wrote:
"Reginald P. Smithers III, Esq." wrote
in messagenews:SdCdnTQC6JDYkw7VnZ2dnUVZ_vqdnZ2d@comca st.com...



I am trying to figure out why Harry is relishing the fact that any company
is having a downturn.
It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
it has a negative impact on the employees and the local and/or national
economy.
I guess Harry just enjoys seeing others hurt.

I sincerely don't think Harry wants anybody hurt.

He's in warm-up mode for November. Happens every four years.

Eisboch


That's why I try to squash it, but it seems with 22 followup posts,
you all want to talk about it here.. Seems you have forgotten what
wafa can do to a group in an election year... geeze..



What, stimulate discussion? What's wrong with that? I'm bored with your
guitars and kiddie motorcycle racing.

[email protected] August 1st 08 05:16 PM

GM loses big-time
 
On Aug 1, 12:15*pm, hk wrote:
Eisboch wrote:
"hk" wrote in message
...


Shop wherever the hell you want. Free choice in shopping is fine if the
"public" has the ability to have influence on how its area is developed.
In our part of our rural, conservative county, we have an older Wal-Mart
store (that I've never been in), but we stopped Wal-Mart dead in its
tracks with its plans to built a "super Wal-Mart" in our area. Wal-Mart
spent a ton of money on PR and political bribes to force it way. All it
took to defeat Wal-Mart was a number of petitions signed by enough voters
to let the county pols know they'd be out on their asses if they approved
building the new store.


Your neighbors on fixed or limited incomes thank you.


Eisboch


Many retirees were the most vocal against wal-mart's plans at the county
* meetings.


Sure wafa. Do the math Dick, he makes it up as he goes along..

As I stated, we already have a wal-mart.

This is not a highly affluent county, by the way. It's still mostly
rural, thank god.- Hide quoted text -

- Show quoted text -



Don White August 1st 08 05:20 PM

GM loses big-time
 

"John H." wrote in message
...
On Fri, 1 Aug 2008 09:43:21 -0400, "Eisboch" wrote:


"hk" wrote in message
m...


I *love* it. It tells me Wal-Mart is scared.



Wal-Mart is among the most exploitative major employers in the United
States. The so-called "health insurance" it "offers" its employees is a
fraud. It is a major violator of wage-hour laws. It is the major seller
of
crap ChiComm products in the USA.




It seems to me that Wal-Mart has a specific goal to remain a low-cost
outlet
for limited income families and/or those that like to pinch pennys when
buying basic necessities. In your quote you left out the part whereby by
unionizing, Wal-Mart would need to raise prices and lay off employees.

Why not let the public chose where they want to shop and work?

Eisboch


It would be better if Wal-Mart employees were all government workers. Then
the man would be happy.


Well, you worked for the gov't your whole life and seem to be enjoying those
golden benefits. (pension plan).
Your wife is a teacher?? I guess that could be considered gov't work.



HK August 1st 08 05:21 PM

GM loses big-time
 
wrote:
On Aug 1, 11:28 am, Wayne.B wrote:
On Fri, 1 Aug 2008 10:27:47 -0400, "Eisboch"
wrote:







"hk" wrote in message
. ..
Shop wherever the hell you want. Free choice in shopping is fine if the
"public" has the ability to have influence on how its area is developed.
In our part of our rural, conservative county, we have an older Wal-Mart
store (that I've never been in), but we stopped Wal-Mart dead in its
tracks with its plans to built a "super Wal-Mart" in our area. Wal-Mart
spent a ton of money on PR and political bribes to force it way. All it
took to defeat Wal-Mart was a number of petitions signed by enough voters
to let the county pols know they'd be out on their asses if they approved
building the new store.
Your neighbors on fixed or limited incomes thank you.
Eisboch

Harry (WAFA), being the hypocrite that he is, surely does not want any
neighbors like that.- Hide quoted text -

- Show quoted text -


How would you know? What we do know is wafa will take one side of an
issue today, and another tomorrow, as long as he can **** you all
off.. Like I have said before, I can't see why anyone would bother
debating someone who is not going to debate honestly?



B.S. Previously, when you were lamenting the fact that some illegals
had access to medical care and meds and you didn't, I asked you
indirectly why you didn't take advantage of programs that were available
to you. That shut you up.

HK August 1st 08 05:24 PM

GM loses big-time
 
Don White wrote:
"John H." wrote in message
...
On Fri, 1 Aug 2008 09:43:21 -0400, "Eisboch" wrote:

"hk" wrote in message
. ..
I *love* it. It tells me Wal-Mart is scared.



Wal-Mart is among the most exploitative major employers in the United
States. The so-called "health insurance" it "offers" its employees is a
fraud. It is a major violator of wage-hour laws. It is the major seller
of
crap ChiComm products in the USA.



It seems to me that Wal-Mart has a specific goal to remain a low-cost
outlet
for limited income families and/or those that like to pinch pennys when
buying basic necessities. In your quote you left out the part whereby by
unionizing, Wal-Mart would need to raise prices and lay off employees.

Why not let the public chose where they want to shop and work?

Eisboch

It would be better if Wal-Mart employees were all government workers. Then
the man would be happy.


Well, you worked for the gov't your whole life and seem to be enjoying those
golden benefits. (pension plan).
Your wife is a teacher?? I guess that could be considered gov't work.




Isn't it interesting how lifelong government employees like Herring
trash other government employees? And now that he is drawing a
government employee pension, he still looks down his nose on other
government employees.

His wife is also a government employee, so she'll be getting a
government employee pension, too. And they participate in a
union-sponsored government employee health benefit plan.

Herring is your typical right-wing Republican hypocrite.

[email protected] August 1st 08 05:31 PM

GM loses big-time
 
On Aug 1, 12:16*pm, hk wrote:
wrote:
On Aug 1, 9:20 am, "Eisboch" wrote:
"Reginald P. Smithers III, Esq." wrote
in messagenews:SdCdnTQC6JDYkw7VnZ2dnUVZ_vqdnZ2d@comca st.com...


I am trying to figure out why Harry is relishing the fact that any company
is having a downturn.
It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
*it has a negative impact on the employees and the local and/or national
economy.
I guess Harry just enjoys seeing others hurt.
I sincerely don't think Harry wants anybody hurt.


He's in warm-up mode for November. * Happens every four years.


Eisboch


That's why I try to squash it, but it seems with 22 followup posts,
you all want to talk about it here.. Seems you have forgotten what
wafa can do to a group in an election year... geeze..


What, stimulate discussion? What's wrong with that? I'm bored with your
guitars and kiddie motorcycle racing.- Hide quoted text -

- Show quoted text -


At least my stories and opinions are real...

John H.[_5_] August 1st 08 05:34 PM

GM loses big-time
 
On Fri, 1 Aug 2008 12:15:20 -0400, "Eisboch" wrote:


wrote in message
...

On Aug 1, 9:20 am, "Eisboch" wrote:

He's in warm-up mode for November. Happens every four years.

Eisboch




That's why I try to squash it, but it seems with 22 followup posts,
you all want to talk about it here.. Seems you have forgotten what
wafa can do to a group in an election year... geeze..



I'd just sit back and enjoy it. It gets comical. You can't squash it.
It's his reason for being.

Eisboch


It would be much more fun to see him make a fool of himself.

[email protected] August 1st 08 05:37 PM

GM loses big-time
 
On Aug 1, 12:21*pm, hk wrote:
wrote:
On Aug 1, 11:28 am, Wayne.B wrote:
On Fri, 1 Aug 2008 10:27:47 -0400, "Eisboch"
wrote:


"hk" wrote in message
om...
Shop wherever the hell you want. Free choice in shopping is fine if the
"public" has the ability to have influence on how its area is developed.
In our part of our rural, conservative county, we have an older Wal-Mart
store (that I've never been in), but we stopped Wal-Mart dead in its
tracks with its plans to built a "super Wal-Mart" in our area. Wal-Mart
spent a ton of money on PR and political bribes to force it way. All it
took to defeat Wal-Mart was a number of petitions signed by enough voters
to let the county pols know they'd be out on their asses if they approved
building the new store.
Your neighbors on fixed or limited incomes thank you.
Eisboch
Harry (WAFA), being the hypocrite that he is, surely does not want any
neighbors like that.- Hide quoted text -


- Show quoted text -


How would you know? What we do know is wafa will take one side of an
issue today, and another tomorrow, as long as he can **** you all
off.. Like I have said before, I can't see why anyone would bother
debating someone who is not going to debate honestly?


B.S. *Previously, when you were lamenting the fact that some illegals
had access to medical care and meds and you didn't, I asked you
indirectly why you didn't take advantage of programs that were available
to you. That shut you up.- Hide quoted text -

- Show quoted text -


Pfffft.... I investigated several options, I could not afford any of
them with my income. I suppose if I were working with a fake id, I
could make my income look any way I wanted.. But alas, they need my
money to pay for the crims....

John H.[_5_] August 1st 08 05:39 PM

GM loses big-time
 
On Fri, 01 Aug 2008 16:34:06 GMT, John H. wrote:

On Fri, 1 Aug 2008 12:15:20 -0400, "Eisboch" wrote:


wrote in message
...

On Aug 1, 9:20 am, "Eisboch" wrote:

He's in warm-up mode for November. Happens every four years.

Eisboch




That's why I try to squash it, but it seems with 22 followup posts,
you all want to talk about it here.. Seems you have forgotten what
wafa can do to a group in an election year... geeze..



I'd just sit back and enjoy it. It gets comical. You can't squash it.
It's his reason for being.

Eisboch


It would be much more fun to see him make a fool of himself.

By talking to himself.

[email protected] August 1st 08 05:48 PM

GM loses big-time
 
On Aug 1, 12:16*pm, hk wrote:
wrote:
On Aug 1, 9:20 am, "Eisboch" wrote:
"Reginald P. Smithers III, Esq." wrote
in messagenews:SdCdnTQC6JDYkw7VnZ2dnUVZ_vqdnZ2d@comca st.com...


I am trying to figure out why Harry is relishing the fact that any company
is having a downturn.
It has a negative impact on individuals who have stock in the company,
retirees who depend on dividends for part of their income,
*it has a negative impact on the employees and the local and/or national
economy.
I guess Harry just enjoys seeing others hurt.
I sincerely don't think Harry wants anybody hurt.


He's in warm-up mode for November. * Happens every four years.


Eisboch


That's why I try to squash it, but it seems with 22 followup posts,
you all want to talk about it here.. Seems you have forgotten what
wafa can do to a group in an election year... geeze..


What, stimulate discussion? What's wrong with that? I'm bored with your
guitars and kiddie motorcycle racing.- Hide quoted text -

- Show quoted text -


Then leave.


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