11-10-2008, 01:21 PM | #12 (permalink) |
Join Date: Jan 5 2005 Location: Texas
Posts: 759
Rep Power: 21 | Re: $50 Billion GM Bailout They don't have 10 years. They have today. 60 minutes or one of the other news magazine shows had a show on the problems that the Big 3 had. They showed this huge meeting hall that had rows and rows of tables and chairs. This is where the "quote" laid off workers went everyday. They went to this hall and sat and read the paper or played cards or what ever they wanted to do and they got paid their full salary. They produced nothing except material for the waste treatment plant. It stated that GM had spent 1.5 billion dollars that year on this type of lay offs and we wonder why we can't compete with the other car makers.
__________________ ______________________ |
11-10-2008, 01:37 PM | #14 (permalink) | |
I love Derf!! Join Date: Aug 17 2007 Location: Ohio Age: 48
Posts: 1,360
Rep Power: 17 | Re: $50 Billion GM Bailout Quote:
You blame the workers?I blame executive mgmt.My father was a plant manager of one of the biggest stamping outfits in Cleveland,which also was union.He was one of the main contract negotiaters As many times as the"company"had the workers on the "ropes" when it came to contracts,they caved in...Why?I can tell you why,because of capitalism and greed.The big 3 could have done the same,but were not willing to take the initial hit.It was not the"workers",but the top brass and shareholders who did not want to lose their bonuses,dividends and fringe benefits when sales slumped due to massive reconstruction. | |
Bookmarks |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
Thread Tools | |
| |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
So... bailout bill passed... | unity | Say What ????? | 12 | 10-06-2008 09:06 PM |
a Billion people need to get outside??? for some Vitamin D?? Go to a TANNING SALON!!! | eileen | The Benefits of UV Light | 9 | 05-05-2008 03:52 PM |
Tantoday Breaks 178 BILLION Forum Pageviews! | solid | Say What ????? | 12 | 06-21-2002 03:34 PM |