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OT - Attention Mike Hunt

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Art
 
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Default Re: OT - Attention Mike Hunt7 - 11-24-2005 , 09:25 PM






The fact is that if you make lousy cars, every year you will sell less of
them as people figure it out. GM likes to put a car on the market when it
is 80% right. When it doesn't sell, instead of fixing the problems they
spend a billion dollars on a new generation platform. That hits the market
when it is about 80% right. It doesn't sell. Time to spend a billion on a
new platform again. And so on. It took a while but potential customers
finally caught on.


".dbu." <foolishlefties (AT) Zapem (DOT) com> wrote

Quote:
In article <16115-43862EA8-261 (AT) storefull-3278 (DOT) bay.webtv.net>,
pisanochas (AT) webtv (DOT) net (Charles Pisano) wrote:

It is still sad that people are losing their jobs before the holidays.
Shows true colors of GM. Management over there plain sucks.
------------

Yeah...The rank and file had NOTHING to do with the demise of GM??

I love it...

Why don't the workers go running to the union and management to give
'concessions' during bad times, the same way they do for contract
enhancements when things are rosey??


CP

They did this at a major airline which just went bankrupt. Pilots for
instance gave up about 23 percent pay cut, they wanted something like 17
percent from the mechanics, but they chose to go on strike, LOL, now the
company is hiring their replacements. Foolish union workers. Baggage
handlers were smarter, they took a pay cut too. Some will still lose
jobs however. It's a messy deal all the way around. And yes the stock
holders took a hit too. From what was a $35 dollar/ share company a few
short years ago is now measured in pennies. Last I looked about 50 of
them, LOL..

Under tight management, hopefully GM will regain itself after making
these hard choices. Of course the workers will align with the
patronizing democrats and blame big business, but the fact is if you, I
or a big company don't have enough money coming in to cover your debt,
then you and the big company are in trouble and we have to cut overhead,
like sell your brand new car or playtoys you just bought, or in the case
of a big company, close plants and lay off workers. It's a fact of
life.
--







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Art
 
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Default Re: OT - Attention Mike Hunt7 - 11-25-2005 , 03:14 PM






By the way, I would say that a major part of the problem has got to be their
labor contract clause that hourly workers still get 90% of their salary even
when laid off. Shoot if I got paid 90% for not working, I would do crap
work and hope the cars didn't sell and I got a 6 month paid vacation until
the plant was retooled. You guys may blame labor unions for that clause,
but management had no business making that deal.


"Art" <begunaNOSPAMPLEASE (AT) mindspring (DOT) com> wrote

Quote:
The fact is that if you make lousy cars, every year you will sell less of
them as people figure it out. GM likes to put a car on the market when it
is 80% right. When it doesn't sell, instead of fixing the problems they
spend a billion dollars on a new generation platform. That hits the
market when it is about 80% right. It doesn't sell. Time to spend a
billion on a new platform again. And so on. It took a while but
potential customers finally caught on.


".dbu." <foolishlefties (AT) Zapem (DOT) com> wrote in message
news:foolishlefties-8DC813.18344024112005 (AT) news-rdr-01 (DOT) rdc-kc.rr.com...
In article <16115-43862EA8-261 (AT) storefull-3278 (DOT) bay.webtv.net>,
pisanochas (AT) webtv (DOT) net (Charles Pisano) wrote:

It is still sad that people are losing their jobs before the holidays.
Shows true colors of GM. Management over there plain sucks.
------------

Yeah...The rank and file had NOTHING to do with the demise of GM??

I love it...

Why don't the workers go running to the union and management to give
'concessions' during bad times, the same way they do for contract
enhancements when things are rosey??


CP

They did this at a major airline which just went bankrupt. Pilots for
instance gave up about 23 percent pay cut, they wanted something like 17
percent from the mechanics, but they chose to go on strike, LOL, now the
company is hiring their replacements. Foolish union workers. Baggage
handlers were smarter, they took a pay cut too. Some will still lose
jobs however. It's a messy deal all the way around. And yes the stock
holders took a hit too. From what was a $35 dollar/ share company a few
short years ago is now measured in pennies. Last I looked about 50 of
them, LOL..

Under tight management, hopefully GM will regain itself after making
these hard choices. Of course the workers will align with the
patronizing democrats and blame big business, but the fact is if you, I
or a big company don't have enough money coming in to cover your debt,
then you and the big company are in trouble and we have to cut overhead,
like sell your brand new car or playtoys you just bought, or in the case
of a big company, close plants and lay off workers. It's a fact of
life.
--









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