One of Bush’s great mistakes was the bailout of GM and others.

The very people who created the problem were allowed to collect huge sums of money because their contracts were so airtight that short of their companies going under the companies were contractually obligated to pay them.

This notion of too big to fail was nonsense.

You can call that capitalism if you want but GM was misrun and faced no real consequences.

As far as unions go, when I lived in Detroit the UAW chose a strike target every year. It was generally for increases in wages.

By the way it was the investment of seed capital that created the wealth that allowed unions to have the power to ask for significant higher wages.

The industrial revolution required time to grow capital.

Right now the auto industry sees workers as a drain on their capital so of course they will automate more and more and send their money abroad.

This might have happened more slowly were it not for aggressive union demands.

 

I'll be the first to admit I don't know very much about public sector unions. (@Rixer)
Does anyone remember when Reagan fired over 11,000 air traffic controllers for refusing to return to the job because they were overworked and just fucking tired?
I'm guessing a lot of unqualified people were hired to fill those jobs.
Would you have flown on a plane anytime soon after knowing that?
Ok, I'm rambling now... just remember, my friends, when @Truthful 1 first joined the forum he claimed to be an ATC.
HA HA HA HA...

 

Val & Rixer , ive said it a thousand times,
It wasn't for unions. No -one would make living wage . The more they disappear the lower wages will go . Gm employees should get to gether and say yo lets get this shit over with . Before they get a royal fucking . I personally hope GM goes out of fucking business like they should have during the obama years .

 

Harley Davidson, another one Fuck them also.
they don't give a shit about their customers whatsoever . I still would buy no other bike for the street , but ill never buy another new one . can't wait till they go out of business . In is making a very nice bike now . but where the hell do you go to buy one . there is almost no market for big bikes , I don't know how any of them are staying in business. Young people seem to have no interest in motorcycles now

 

Support union labor

 

GMC strikes, sales go down, company needs money and seeks bailout and maybe USA will do it but Canada's answer will be "Hell No!"
You closed plants, put folk out of work and stopped building cars, so ask Mexico to bailout your arses.

 

I know 2 people who were secured debt holders of GM. Combined they lost about $200,000. GM and Chrysler should have both went bankrupt back in 2008. BUT they didn't. Fuck'em ALL!!!

ITS not the pay its the liabilities into the future for employees not making product that cost them a shit ton of money.

Oh and if anyone tells you your gonna have a 8% annualized rate of return FOREVER trust me i'll guarantee it. Well know you know that doesn't exist and never will.

 

Baseball, apple pie and GMC.

 

Football, Tacos, and Toyota

Are there rules to this game?

 

Moose meat,mukluks and F150s.

 

Mack is striking now also , The Bulldogs have walked off the job

 

Shooter has been a union member and represented the employer side in labor issues. Some thoughts;

1) no matter the industry, no matter the size of the workforce, union or nonunion, employers do not hire employees who cannot contribute to the bottom line.
2) Employers will always seek the lowest possible labor cost. The smart ones will take into account employee satisfaction, turnover costs and worker safety, but they will not spend money without a reasonable expectation of a return.
3) Unions will always put self interest first, member interest second. This is not a bad thing.
4) Unions want to control as much of members pay and benefits as possible. This is where they get their power.
5) strikes rarely provide members with more money than they would have made without a strike.
6) almost without exception, strikes are about power and control, not pay, benefits, working conditions or profits.
7) Unions almost always win the media contests.
8) power corrupts. Absolute power corrupts, absolutely.

 

Support Labor
G M has never tried to settle a contract in good faith. Ronald Reagan was always on the side of
Corporations. He said in one of his contract speeches with the UAW that both sides could afford a new car. Management could buy a new Lincoln and labor could buy a new Ford Galaxy.Labor had their own country clubs and churches,management had theirs .
Hope Trump backs labor this time. The working people helped put him in office.

 

Think labor came o k on this strike. Yes it could have been better,but GM needs a few more jets

 

Is the strike over

 

Lol. I did my work today Rixer . I my turn to watch the others work .

 

Wait, so now you like unions?

You people are hard to keep up with.

Fuck greedy corporations and their off shoring.

 

Trump pretended to back labor. His real loyalty is with the people who can afford to stay at his resorts and hotels.