chrysler and general motors merge
chrysler and general motors merge
here's the link
http://biz.yahoo.com/ap/081012/gm_ch...ger_talks.html
http://biz.yahoo.com/ap/081012/gm_ch...ger_talks.html
Re: chrysler and gneral motors merge
Just what we need .. another large "bail out" for the tax payers to pay for!....
"Even though you're getting the rationalization of folding the two businesses together, it doesn't make sense at this time," he said. "There's got to be some sort of outside motivation for them to do that sort of deal, especially in this market."
That outside motive, analysts speculated, could be the federal government, which would inherit massive pension liabilities if either company went under.
"Even though you're getting the rationalization of folding the two businesses together, it doesn't make sense at this time," he said. "There's got to be some sort of outside motivation for them to do that sort of deal, especially in this market."
That outside motive, analysts speculated, could be the federal government, which would inherit massive pension liabilities if either company went under.
Re: chrysler and gneral motors merge
we were hearing inside the plant that there was going to be a big corporate announcement on friday and then nothing happened.Then we show up for work saturday and hear all the GM rumors on the news and internet.No matter what happens it looks like cerebus is looking to unload chrysler sooner than later
Re: chrysler and gneral motors merge
they are all corrupt anyways...have u seen any of them give one 1 dollar, 1 gold watch, one crossfire..nothing..they are all sucking $$$$ out the country dry..they just got bailedout with loads of cash and they are blowing it in vegas at about 40,000 per night..... hey we are all to blame, why am i complaining...no one really cares....
Re: chrysler and gneral motors merge
Originally Posted by strupgolf
" overpaid union workers " ,cha-ching, you got that right.
Unions are what brought peoples wages up to what they are today. Are you suggesting we get rid of the unions so it can be like the good old days and people work 12 hr. days for 5 dollars an hour?? This not the unions fault.
No, I don't belong to a union. I used to at my old job. My current wages are about what I made 15 yrs. ago.
Re: chrysler and gneral motors merge
Originally Posted by strupgolf
" overpaid union workers " ,cha-ching, you got that right.
There is a local steel stamping company that had the very thing I just described happen, it was a hoot seeing their reactions after the company told them over and over again that they were losing money like crazy because of cheaper non-union an foreign companies under pricing them. They were no longer competitive in the market because the union was sucking them dry which is quite typical.
You have to love organized crime and the blind sheep that follow them lol. I am sure there are some angry union members that will read this and go nuts, the truth sucks lol.
Re: chrysler and gneral motors merge
Originally Posted by strupgolf
"sucking them dry", I forgot to add that good one.
Lol, I take it you have been around unions before
There is a union office up the road, here is a photo of one of their representatives meeting with a union worker I snuck and took the other day:
Re: chrysler and gneral motors merge
I think it's all about top management sucking the companies and stock holders dry. They make policy, negotiate the contracts and manage the union. All other industries lay people off with a severance package. Automotive will buy union employees out for $100,000 plus. Management agrees to this stuff. So stockholders pull their money out of the company.
Re: chrysler and gneral motors merge
what can we do, we the people are nothing..individually..but we should get together and seize the country back...we should make a citizen's arrest on the corrupt c.e.o like they used to britain before it became full of wimpy soccer players...blame henry paulson and company former C.E.O of goldman sachs, current treasury secretary....i mean why would he resign to a job paying him millions of dollar a year to wanting federal salary of less than 1 million....i dont about u, but this seems to fishy and fraudulent