Ford GM Delphi layoffs were planned in July 05 and earlier...
July 23 2005:
"More than a month ago, GM informed us that they would be eliminating another 25,000 additional hourly production worker jobs, accompanied by the closure of an unspecified number of production facilities, probably seven. Unless there is aid from Congress, which developed for Chrysler in the 1980s, we will witness the disappearance of one of the most powerful corporations of the 20th century. If GM goes under we will lose a priceless, technologically advanced machine-tool capability. The termination of 25% of operating capacity will terminate the incomes of some 500,000 individuals and suppliers of one form or another, a tribute to free trade and globalization. GM is disassembling its operations in the US and globalizing them. Already 45% of GM’s North American production capacity – some 15 plants – is unused or produces models that generate little or no profit. That means more closings are on the way. Then there is the pension plan that is underfunded by $45 billion and effects 1.2 million pensioners and $270 billion in junk bonds, which could eventually destroy the derivatives market. The carnage at GM has only just begun and will be followed by Ford. Not a pretty picture, but reality as we see it today and in the future. As long as corporate America offshores and outsources, the American economy will continue to collapse." http://www.theinternationalforecaste....php?Offset=18 September 03, 2005: "Detroit and Michigan is a zone of the living dead. Detroit represents the deliberately arranged decline of American manufacturing. The dangerous path of offshoring and outsourcing will lead not only to the destruction of the US economic base, but it will take down the rest of the world with it. During the past 55 years Detroit's population has fallen from 1.8 million to 900,000 in round figures. That is extraordinary deindustrialization. Ford's River Rouge plant once employed 100,000. Today, it is 6,000. Since 1970, it has lost 75% of its manufacturing and jobs. Whole areas of the city have been leveled. We see the same happening to a lesser degree in Buffalo, NY; Chicago; Cleveland; Philadelphia and Pittsburgh and generally throughout Indiana, Ohio, Quebec and Ontario in Canada. Today the median household Detroit income is one-third lower than it was 30-years ago. About 50% of homeowners pay 40% or more of their income on the mortgage on their homes. Thirty percent of housing stock is in worse condition than normal and still takes 40% to 50% of income to either finance or pay rent on. The sad story goes on and we do not see it getting any better thanks to free trade and globalization." http://www.theinternationalforecaste....php?Offset=17 "Delphi, the nation’s largest auto supplier, is bankrupt. Production and 35,000 high paying American jobs are being moved to China. 12,000 retirees will receive one-third of their pensions from the PBGC, which is from us, the American taxpayer. You can thank General Motors for a failure that was planned 25 years ago. Delphi wants to cut the wages of 35,000 workers by two-thirds, or to $10.00 an hour to compete with China. Delphi employs 185,000 workers worldwide. ***** GM’s future liabilities will increase by $11 billion and in three years or less GM will file bankruptcy and their business will be sold off in segments to vulture investors. (...re-read that again till it sinks in) ***** In order to try to avoid bankruptcy Delphi wanted workers to take wages of $10 to $12 an hour instead of $26 to $30 that they make today. Delphi will also stop paying 4,000 workers who no longer have jobs to do. At the same time the company management increased the severance packages of its top 21 executives. Once again, corporate America cannot help itself. They are consumed with greed. We see a disgusting spectacle of the people at the top taking care of themselves and at the same time demanding extraordinary sacrifices from their hourly workers. Delphi was the 63rd largest US company with annual revenues of $28.62 billion. Our Congress and the American people just don’t get it. There economy is being ripped out from underneath them. Their entire society is being destroyed and no one seems to care. The answer is protective tariffs and quotas and a reversal of our national policy of free trade and globalization." http://www.theinternationalforecaste....php?Offset=13 DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!! THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN. |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
Thank you for these news articles, however, if you expect the American sheep
to be alarmed - it won't happen. Whatever it is that TV advertises the most, they will buy. The outrageous and immoral acts of our elected officials get a slap on the wrist and then things go back to the usual. The U.S. is on a downward spiral. The only thing propping us up is the technology of our military. Enjoy while you can. "pushdamagicbuttondude" <wheezers555@verizonsucksass.com> wrote in message news:ebb88$43d5bebc$d1cc7b72$7422@snip.allthenewsg roups.com... > July 23 2005: > > "More than a month ago, GM informed us that they would be > eliminating another 25,000 additional hourly production worker > jobs, accompanied by the closure of an unspecified number > of production facilities, probably seven. Unless there is aid from > Congress, which developed for Chrysler in the 1980s, we will > witness the disappearance of one of the most powerful > corporations of the 20th century. If GM goes under we will lose > a priceless, technologically advanced machine-tool capability. > The termination of 25% of operating capacity will terminate > the incomes of some 500,000 individuals and suppliers of one > form or another, a tribute to free trade and globalization. > GM is disassembling its operations in the US and globalizing them. > Already 45% of GM’s North American production > capacity – some 15 plants – is unused or produces models that > generate little or no profit. That means more closings are on the way. > Then there is the pension plan that is underfunded by $45 billion > and effects 1.2 million pensioners and $270 billion in junk > bonds, which could eventually destroy the derivatives market. > The carnage at GM has only just begun and will be followed by Ford. > Not a pretty picture, but reality as we see it today and in the future. > As long as corporate America offshores and outsources, the American > economy will continue to collapse." > http://www.theinternationalforecaste....php?Offset=18 > > September 03, 2005: > > "Detroit and Michigan is a zone of the living dead. Detroit represents > the deliberately arranged decline of American manufacturing. > The dangerous path of offshoring and outsourcing will lead not > only to the destruction of the US economic base, but it will take > down the rest of the world with it. During the past 55 years > Detroit's population has fallen from 1.8 million to 900,000 in > round figures. That is extraordinary deindustrialization. Ford's > River Rouge plant once employed 100,000. Today, it is 6,000. > Since 1970, it has lost 75% of its manufacturing and jobs. > Whole areas of the city have been leveled. We see the same > happening to a lesser degree in Buffalo, NY; Chicago; > Cleveland; Philadelphia and Pittsburgh and generally throughout > Indiana, Ohio, Quebec and Ontario in Canada. > Today the median household Detroit income is one-third lower > than it was 30-years ago. About 50% of homeowners pay 40% > or more of their income on the mortgage on their homes. > Thirty percent of housing stock is in worse condition than normal > and still takes 40% to 50% of income to either finance or pay rent > on. The sad story goes on and we do not see it getting any better > thanks to free trade and globalization." > http://www.theinternationalforecaste....php?Offset=17 > > "Delphi, the nation’s largest auto supplier, is bankrupt. > Production and 35,000 high paying American jobs are > being moved to China. 12,000 retirees will receive > one-third of their pensions from the PBGC, which is > from us, the American taxpayer. You can thank > General Motors for a failure that was planned 25 years ago. > Delphi wants to cut the wages of 35,000 workers by > two-thirds, or to $10.00 an hour to compete with China. > Delphi employs 185,000 workers worldwide. > ***** > GM’s future liabilities will increase by $11 billion and in three > years or less GM will file bankruptcy and their business > will be sold off in segments to vulture investors. > > (...re-read that again till it sinks in) > ***** > In order to try to avoid bankruptcy Delphi wanted workers > to take wages of $10 to $12 an hour instead of $26 to $30 > that they make today. Delphi will also stop paying 4,000 > workers who no longer have jobs to do. At the same time > the company management increased the severance packages > of its top 21 executives. Once again, corporate America > cannot help itself. They are consumed with greed. We see a > disgusting spectacle of the people at the top taking care > of themselves and at the same time demanding extraordinary > sacrifices from their hourly workers. Delphi was the 63rd > largest US company with annual revenues of $28.62 billion. > Our Congress and the American people just don’t get it. > There economy is being ripped out from underneath them. > Their entire society is being destroyed and no one seems > to care. The answer is protective tariffs and quotas and a > reversal of our national policy of free trade and globalization." > http://www.theinternationalforecaste....php?Offset=13 > > > DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!! > THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN. > |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
I wouldn't worry at all about Delphi....I'm sure it will all work out
------------------------------------ Mike Mangione http://www.carforums.net |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
The Big 3 need to stop building junk! manufacture something that doesn't
need $2k worth of repairs as soon as the warranty expires, they should go 100K with only maintance,tires, and normal ware out items shocks, brakes,belts and hoses. There in the position there in because, thats where they aligned them self,saving a nickle here and a dime there on parts, that are not worth a ! Tom "pushdamagicbuttondude" <wheezers555@verizonsucksass.com> wrote in message news:ebb88$43d5bebc$d1cc7b72$7422@snip.allthenewsg roups.com... > July 23 2005: > > "More than a month ago, GM informed us that they would be > eliminating another 25,000 additional hourly production worker > jobs, accompanied by the closure of an unspecified number > of production facilities, probably seven. Unless there is aid from > Congress, which developed for Chrysler in the 1980s, we will > witness the disappearance of one of the most powerful > corporations of the 20th century. If GM goes under we will lose > a priceless, technologically advanced machine-tool capability. > The termination of 25% of operating capacity will terminate > the incomes of some 500,000 individuals and suppliers of one > form or another, a tribute to free trade and globalization. > GM is disassembling its operations in the US and globalizing them. > Already 45% of GM’s North American production > capacity – some 15 plants – is unused or produces models that > generate little or no profit. That means more closings are on the way. > Then there is the pension plan that is underfunded by $45 billion > and effects 1.2 million pensioners and $270 billion in junk > bonds, which could eventually destroy the derivatives market. > The carnage at GM has only just begun and will be followed by Ford. > Not a pretty picture, but reality as we see it today and in the future. > As long as corporate America offshores and outsources, the American > economy will continue to collapse." > http://www.theinternationalforecaste....php?Offset=18 > > September 03, 2005: > > "Detroit and Michigan is a zone of the living dead. Detroit represents > the deliberately arranged decline of American manufacturing. > The dangerous path of offshoring and outsourcing will lead not > only to the destruction of the US economic base, but it will take > down the rest of the world with it. During the past 55 years > Detroit's population has fallen from 1.8 million to 900,000 in > round figures. That is extraordinary deindustrialization. Ford's > River Rouge plant once employed 100,000. Today, it is 6,000. > Since 1970, it has lost 75% of its manufacturing and jobs. > Whole areas of the city have been leveled. We see the same > happening to a lesser degree in Buffalo, NY; Chicago; > Cleveland; Philadelphia and Pittsburgh and generally throughout > Indiana, Ohio, Quebec and Ontario in Canada. > Today the median household Detroit income is one-third lower > than it was 30-years ago. About 50% of homeowners pay 40% > or more of their income on the mortgage on their homes. > Thirty percent of housing stock is in worse condition than normal > and still takes 40% to 50% of income to either finance or pay rent > on. The sad story goes on and we do not see it getting any better > thanks to free trade and globalization." > http://www.theinternationalforecaste....php?Offset=17 > > "Delphi, the nation’s largest auto supplier, is bankrupt. > Production and 35,000 high paying American jobs are > being moved to China. 12,000 retirees will receive > one-third of their pensions from the PBGC, which is > from us, the American taxpayer. You can thank > General Motors for a failure that was planned 25 years ago. > Delphi wants to cut the wages of 35,000 workers by > two-thirds, or to $10.00 an hour to compete with China. > Delphi employs 185,000 workers worldwide. > ***** > GM’s future liabilities will increase by $11 billion and in three > years or less GM will file bankruptcy and their business > will be sold off in segments to vulture investors. > > (...re-read that again till it sinks in) > ***** > In order to try to avoid bankruptcy Delphi wanted workers > to take wages of $10 to $12 an hour instead of $26 to $30 > that they make today. Delphi will also stop paying 4,000 > workers who no longer have jobs to do. At the same time > the company management increased the severance packages > of its top 21 executives. Once again, corporate America > cannot help itself. They are consumed with greed. We see a > disgusting spectacle of the people at the top taking care > of themselves and at the same time demanding extraordinary > sacrifices from their hourly workers. Delphi was the 63rd > largest US company with annual revenues of $28.62 billion. > Our Congress and the American people just don’t get it. > There economy is being ripped out from underneath them. > Their entire society is being destroyed and no one seems > to care. The answer is protective tariffs and quotas and a > reversal of our national policy of free trade and globalization." > http://www.theinternationalforecaste....php?Offset=13 > > > DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!! > THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN. > |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
GM's financial situation, and Ford's as well, is certainly something to
be concerned about with regard to manufacturing here in the United States. However, today's economy is a global economy, and our legacy manufacturers in this country have to find a way to compete on the global market. I relatives that work for the auto industry in Michigan, and they will be affected by all of these changes. But, changes must be made, otherwise GM and Ford will never successfully compete here in this country or in the global market. The real bottom line is this: union wages are simply too high, and the companies must get their labor expenses under control. GM and Ford can't continue to offer unskilled and semi-skilled laborers the wages, and not to mention the tremendous short-term and long-term benefits, currently offered. Many individuals with undergrad and graduate degrees working in semi-professional and professional fields (and, working more than 50 hours a week for a salary, with no overtime I might add) don't earn what autoworkers earn. How can this continue to be justified? It can't, and this is GM's and Ford's problem. The UAW has killed the golden goose! |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
The effects that would naturally occur from excessive offshoring would
be the people couldnt import anymore since nobody could buy. However, China, Japan hava intelligently hid this effect by purching the bulk of US debt. Are we still laughing at the Japanese Economy? The Insurance premium excuse is tired. Henry Ford build a hospital for cryin out loud. Its one of the biggest groups of hospitals in this area. How could he see this and these Million dollar bonus bozos not? Plus if you have so many employees and 3 big ass companies why cant you negotiate fair rates? The Rich flogg the working class and the world, and blame it on the poor/defenceless. Whats new? CL pushdamagicbuttondude wrote: > July 23 2005: > > "More than a month ago, GM informed us that they would be > eliminating another 25,000 additional hourly production worker > jobs, accompanied by the closure of an unspecified number > of production facilities, probably seven. Unless there is aid from > Congress, which developed for Chrysler in the 1980s, we will > witness the disappearance of one of the most powerful > corporations of the 20th century. If GM goes under we will lose > a priceless, technologically advanced machine-tool capability. > The termination of 25% of operating capacity will terminate > the incomes of some 500,000 individuals and suppliers of one > form or another, a tribute to free trade and globalization. > GM is disassembling its operations in the US and globalizing them. > Already 45% of GM’s North American production > capacity – some 15 plants – is unused or produces models that > generate little or no profit. That means more closings are on the way. > Then there is the pension plan that is underfunded by $45 billion > and effects 1.2 million pensioners and $270 billion in junk > bonds, which could eventually destroy the derivatives market. > The carnage at GM has only just begun and will be followed by Ford. > Not a pretty picture, but reality as we see it today and in the future. > As long as corporate America offshores and outsources, the American > economy will continue to collapse." > http://www.theinternationalforecaste....php?Offset=18 > > September 03, 2005: > > "Detroit and Michigan is a zone of the living dead. Detroit represents > the deliberately arranged decline of American manufacturing. > The dangerous path of offshoring and outsourcing will lead not > only to the destruction of the US economic base, but it will take > down the rest of the world with it. During the past 55 years > Detroit's population has fallen from 1.8 million to 900,000 in > round figures. That is extraordinary deindustrialization. Ford's > River Rouge plant once employed 100,000. Today, it is 6,000. > Since 1970, it has lost 75% of its manufacturing and jobs. > Whole areas of the city have been leveled. We see the same > happening to a lesser degree in Buffalo, NY; Chicago; > Cleveland; Philadelphia and Pittsburgh and generally throughout > Indiana, Ohio, Quebec and Ontario in Canada. > Today the median household Detroit income is one-third lower > than it was 30-years ago. About 50% of homeowners pay 40% > or more of their income on the mortgage on their homes. > Thirty percent of housing stock is in worse condition than normal > and still takes 40% to 50% of income to either finance or pay rent > on. The sad story goes on and we do not see it getting any better > thanks to free trade and globalization." > http://www.theinternationalforecaste....php?Offset=17 > > "Delphi, the nation’s largest auto supplier, is bankrupt. > Production and 35,000 high paying American jobs are > being moved to China. 12,000 retirees will receive > one-third of their pensions from the PBGC, which is > from us, the American taxpayer. You can thank > General Motors for a failure that was planned 25 years ago. > Delphi wants to cut the wages of 35,000 workers by > two-thirds, or to $10.00 an hour to compete with China. > Delphi employs 185,000 workers worldwide. > ***** > GM’s future liabilities will increase by $11 billion and in three > years or less GM will file bankruptcy and their business > will be sold off in segments to vulture investors. > > (...re-read that again till it sinks in) > ***** > In order to try to avoid bankruptcy Delphi wanted workers > to take wages of $10 to $12 an hour instead of $26 to $30 > that they make today. Delphi will also stop paying 4,000 > workers who no longer have jobs to do. At the same time > the company management increased the severance packages > of its top 21 executives. Once again, corporate America > cannot help itself. They are consumed with greed. We see a > disgusting spectacle of the people at the top taking care > of themselves and at the same time demanding extraordinary > sacrifices from their hourly workers. Delphi was the 63rd > largest US company with annual revenues of $28.62 billion. > Our Congress and the American people just don’t get it. > There economy is being ripped out from underneath them. > Their entire society is being destroyed and no one seems > to care. The answer is protective tariffs and quotas and a > reversal of our national policy of free trade and globalization." > http://www.theinternationalforecaste....php?Offset=13 > > > DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!! > THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN. > -- Thank you, CL Gilbert "Then said I, Wisdom [is] better than strength: nevertheless the poor man's wisdom [is] despised, and his words are not heard." Ecclesiastes 9:16 |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
Ford is competing in the global market. They are making a profit overseas.
It is here in the US that they lost $1.6 billion. GM isn't competing anywhere. <w9cw@yahoo.com> wrote in message news:1138106806.652439.126430@f14g2000cwb.googlegr oups.com... > GM's financial situation, and Ford's as well, is certainly something to > be concerned about with regard to manufacturing here in the United > States. However, today's economy is a global economy, and our legacy > manufacturers in this country have to find a way to compete on the > global market. > > I relatives that work for the auto industry in Michigan, and they will > be affected by all of these changes. But, changes must be made, > otherwise GM and Ford will never successfully compete here in this > country or in the global market. The real bottom line is this: union > wages are simply too high, and the companies must get their labor > expenses under control. GM and Ford can't continue to offer unskilled > and semi-skilled laborers the wages, and not to mention the tremendous > short-term and long-term benefits, currently offered. Many individuals > with undergrad and graduate degrees working in semi-professional and > professional fields (and, working more than 50 hours a week for a > salary, with no overtime I might add) don't earn what autoworkers earn. > How can this continue to be justified? It can't, and this is GM's and > Ford's problem. The UAW has killed the golden goose! > |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
The US isn't it's own country anymore. No one seems to know the effects of
the national debt of trillions of dollars. It is foreign banks and foreign countries that hold our debt and dictate our policies and our foreign trade balance. Our President is not much more than a puppet. We will stumble along so long as we can borrow more money. Half of the collected income taxes are used to pay the interest on the national debt. Taxpayers hard earned money shipped out of the country. Enjoy while you can. "CL (dnoyeB) Gilbert" <Fake@ThisOneIsFake.com> wrote in message news:5b6dnQ5Ijr14rEvenZ2dnUVZ_sWdnZ2d@comcast.com. .. > The effects that would naturally occur from excessive offshoring would be > the people couldnt import anymore since nobody could buy. However, China, > Japan hava intelligently hid this effect by purching the bulk of US debt. > > Are we still laughing at the Japanese Economy? > > The Insurance premium excuse is tired. Henry Ford build a hospital for > cryin out loud. Its one of the biggest groups of hospitals in this area. > How could he see this and these Million dollar bonus bozos not? Plus if > you have so many employees and 3 big ass companies why cant you negotiate > fair rates? > > The Rich flogg the working class and the world, and blame it on the > poor/defenceless. Whats new? > > CL > > > > > pushdamagicbuttondude wrote: >> July 23 2005: >> >> "More than a month ago, GM informed us that they would be >> eliminating another 25,000 additional hourly production worker >> jobs, accompanied by the closure of an unspecified number >> of production facilities, probably seven. Unless there is aid from >> Congress, which developed for Chrysler in the 1980s, we will >> witness the disappearance of one of the most powerful >> corporations of the 20th century. If GM goes under we will lose >> a priceless, technologically advanced machine-tool capability. >> The termination of 25% of operating capacity will terminate >> the incomes of some 500,000 individuals and suppliers of one >> form or another, a tribute to free trade and globalization. >> GM is disassembling its operations in the US and globalizing them. >> Already 45% of GM’s North American production >> capacity – some 15 plants – is unused or produces models that >> generate little or no profit. That means more closings are on the way. >> Then there is the pension plan that is underfunded by $45 billion >> and effects 1.2 million pensioners and $270 billion in junk >> bonds, which could eventually destroy the derivatives market. >> The carnage at GM has only just begun and will be followed by Ford. >> Not a pretty picture, but reality as we see it today and in the future. >> As long as corporate America offshores and outsources, the American >> economy will continue to collapse." >> http://www.theinternationalforecaste....php?Offset=18 >> >> September 03, 2005: >> >> "Detroit and Michigan is a zone of the living dead. Detroit represents >> the deliberately arranged decline of American manufacturing. >> The dangerous path of offshoring and outsourcing will lead not >> only to the destruction of the US economic base, but it will take >> down the rest of the world with it. During the past 55 years >> Detroit's population has fallen from 1.8 million to 900,000 in >> round figures. That is extraordinary deindustrialization. Ford's >> River Rouge plant once employed 100,000. Today, it is 6,000. >> Since 1970, it has lost 75% of its manufacturing and jobs. >> Whole areas of the city have been leveled. We see the same >> happening to a lesser degree in Buffalo, NY; Chicago; >> Cleveland; Philadelphia and Pittsburgh and generally throughout >> Indiana, Ohio, Quebec and Ontario in Canada. >> Today the median household Detroit income is one-third lower >> than it was 30-years ago. About 50% of homeowners pay 40% >> or more of their income on the mortgage on their homes. >> Thirty percent of housing stock is in worse condition than normal >> and still takes 40% to 50% of income to either finance or pay rent >> on. The sad story goes on and we do not see it getting any better >> thanks to free trade and globalization." >> http://www.theinternationalforecaste....php?Offset=17 >> >> "Delphi, the nation’s largest auto supplier, is bankrupt. >> Production and 35,000 high paying American jobs are >> being moved to China. 12,000 retirees will receive >> one-third of their pensions from the PBGC, which is >> from us, the American taxpayer. You can thank >> General Motors for a failure that was planned 25 years ago. >> Delphi wants to cut the wages of 35,000 workers by >> two-thirds, or to $10.00 an hour to compete with China. >> Delphi employs 185,000 workers worldwide. >> ***** >> GM’s future liabilities will increase by $11 billion and in three >> years or less GM will file bankruptcy and their business >> will be sold off in segments to vulture investors. >> >> (...re-read that again till it sinks in) >> ***** >> In order to try to avoid bankruptcy Delphi wanted workers >> to take wages of $10 to $12 an hour instead of $26 to $30 >> that they make today. Delphi will also stop paying 4,000 >> workers who no longer have jobs to do. At the same time >> the company management increased the severance packages >> of its top 21 executives. Once again, corporate America >> cannot help itself. They are consumed with greed. We see a >> disgusting spectacle of the people at the top taking care >> of themselves and at the same time demanding extraordinary >> sacrifices from their hourly workers. Delphi was the 63rd >> largest US company with annual revenues of $28.62 billion. >> Our Congress and the American people just don’t get it. >> There economy is being ripped out from underneath them. >> Their entire society is being destroyed and no one seems >> to care. The answer is protective tariffs and quotas and a >> reversal of our national policy of free trade and globalization." >> http://www.theinternationalforecaste....php?Offset=13 >> >> >> DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!! >> THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN. >> > > > -- > Thank you, > > > CL Gilbert > "Then said I, Wisdom [is] better than strength: nevertheless the poor > man's wisdom [is] despised, and his words are not heard." Ecclesiastes > 9:16 |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
Bob Palmer wrote:
> Ford is competing in the global market. They are making a profit overseas. yeah, and they use robots in manufacturing overseas. using manual labor to build cars here in the u.s.? wtf are ford thinking? robot technology is the only way forward. it's cheap, it beats outsourcing, and it's technology we can keep at home. outsourcing is exporting the technology that can [is being] used against us. i can't think of a dumber concept. > It is here in the US that they lost $1.6 billion. GM isn't competing > anywhere. > <w9cw@yahoo.com> wrote in message > news:1138106806.652439.126430@f14g2000cwb.googlegr oups.com... > >>GM's financial situation, and Ford's as well, is certainly something to >>be concerned about with regard to manufacturing here in the United >>States. However, today's economy is a global economy, and our legacy >>manufacturers in this country have to find a way to compete on the >>global market. >> >>I relatives that work for the auto industry in Michigan, and they will >>be affected by all of these changes. But, changes must be made, >>otherwise GM and Ford will never successfully compete here in this >>country or in the global market. The real bottom line is this: union >>wages are simply too high, and the companies must get their labor >>expenses under control. GM and Ford can't continue to offer unskilled >>and semi-skilled laborers the wages, and not to mention the tremendous >>short-term and long-term benefits, currently offered. Many individuals >>with undergrad and graduate degrees working in semi-professional and >>professional fields (and, working more than 50 hours a week for a >>salary, with no overtime I might add) don't earn what autoworkers earn. >>How can this continue to be justified? It can't, and this is GM's and >>Ford's problem. The UAW has killed the golden goose! >> > > > |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
xblazinlv wrote:
> I wouldn't worry at all about Delphi....I'm sure it will all work out > > Not one motor manufacturer can really do without Delphi, so you are likely correct. It may be restructured and bits sold off though. Huw |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
"Huw" <hedydd[nospam]@tiscali.co.uk> wrote in message news:43p2l3F1o9il1U2@individual.net... > xblazinlv wrote: > > I wouldn't worry at all about Delphi....I'm sure it will all work out > > > > > > Not one motor manufacturer can really do without Delphi, so you are likely > correct. > It may be restructured and bits sold off though. > Huw Ah! That's where the rub lies, as Delphi will be re-locating 100% of it's Manfacturing operations to Mexico and retaining only Corporate, Engineering and Sales in the USA. Delphi is yet another "success story" resulting from NAFTA and GATT. It looks like ole Ross Perot was really right back in 1990 when he was talking about that "sucking sound". I just hope Ford, GM and Chrysler can build a car that sells for under $9000 as that may be all that out-of-work Americans can afford in the future....short of a Geely of course.... ;) (Geely = the Next Big Shoe to drop on Detroit's head ?) http://www.geely.com/ |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
Ted G wrote:
> "Huw" <hedydd[nospam]@tiscali.co.uk> wrote in message > news:43p2l3F1o9il1U2@individual.net... >> xblazinlv wrote: >>> I wouldn't worry at all about Delphi....I'm sure it will all work >>> out >>> >>> >> >> Not one motor manufacturer can really do without Delphi, so you are >> likely correct. >> It may be restructured and bits sold off though. >> Huw > > Ah! That's where the rub lies, as Delphi will be re-locating > 100% of it's Manfacturing operations to Mexico and retaining > only Corporate, Engineering and Sales in the USA. Delphi has manufacturing plants in most car manufacturing countries in the world. Most of those plants will continue while some will not. Delphi has approximately 185,000 employees and operates 164 wholly owned manufacturing sites, 41 joint ventures, 53 customer centers and sales offices and 33 technical centers in 38 countries. It is massive. > > Delphi is yet another "success story" resulting from NAFTA and GATT. It is a victim of overexpansion and undermanagement combined with high financial gearing. > > It looks like ole Ross Perot was really right back in 1990 when he was > talking about that "sucking sound". I just hope Ford, GM and Chrysler > can build a car that sells for under $9000 as that may be all that > out-of-work > Americans can afford in the future....short of a Geely of course.... > ;) So Americans don't believe in competitiveness and hard work any longer. Interesting. Huw |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
"Bob Palmer" <jenbobkatelyn@adelphia.net> wrote in message news:KvWdnUAjd6dKfEveRVn-jQ@adelphia.com... > The US isn't it's own country anymore. No one seems to know the effects of > the national debt of trillions of dollars. It is foreign banks and foreign > countries that hold our debt and dictate our policies and our foreign trade > balance. Our President is not much more than a puppet. We will stumble along > so long as we can borrow more money. Half of the collected income taxes are > used to pay the interest on the national debt. Taxpayers hard earned money > shipped out of the country. Enjoy while you can. I am afraid you are right. I am not optimistic at all. Sooner or later the massive debt we have incurred and the huge trade imbalance has to catch up. The White House claims the "hot job market" will guarantee jobs for all those Ford and GM workers laid off. Guess McDonalds must be expanding. > "CL (dnoyeB) Gilbert" <Fake@ThisOneIsFake.com> wrote in message > news:5b6dnQ5Ijr14rEvenZ2dnUVZ_sWdnZ2d@comcast.com. .. > > The effects that would naturally occur from excessive offshoring would be > > the people couldnt import anymore since nobody could buy. However, China, > > Japan hava intelligently hid this effect by purching the bulk of US debt. > > > > Are we still laughing at the Japanese Economy? > > > > The Insurance premium excuse is tired. Henry Ford build a hospital for > > cryin out loud. Its one of the biggest groups of hospitals in this area. > > How could he see this and these Million dollar bonus bozos not? Plus if > > you have so many employees and 3 big ass companies why cant you negotiate > > fair rates? > > > > The Rich flogg the working class and the world, and blame it on the > > poor/defenceless. Whats new? > > > > CL > > > > > > > > > > pushdamagicbuttondude wrote: > >> July 23 2005: > >> > >> "More than a month ago, GM informed us that they would be > >> eliminating another 25,000 additional hourly production worker > >> jobs, accompanied by the closure of an unspecified number > >> of production facilities, probably seven. Unless there is aid from > >> Congress, which developed for Chrysler in the 1980s, we will > >> witness the disappearance of one of the most powerful > >> corporations of the 20th century. If GM goes under we will lose > >> a priceless, technologically advanced machine-tool capability. > >> The termination of 25% of operating capacity will terminate > >> the incomes of some 500,000 individuals and suppliers of one > >> form or another, a tribute to free trade and globalization. > >> GM is disassembling its operations in the US and globalizing them. > >> Already 45% of GM's North American production > >> capacity - some 15 plants - is unused or produces models that > >> generate little or no profit. That means more closings are on the way. > >> Then there is the pension plan that is underfunded by $45 billion > >> and effects 1.2 million pensioners and $270 billion in junk > >> bonds, which could eventually destroy the derivatives market. > >> The carnage at GM has only just begun and will be followed by Ford. > >> Not a pretty picture, but reality as we see it today and in the future. > >> As long as corporate America offshores and outsources, the American > >> economy will continue to collapse." > >> http://www.theinternationalforecaste....php?Offset=18 > >> > >> September 03, 2005: > >> > >> "Detroit and Michigan is a zone of the living dead. Detroit represents > >> the deliberately arranged decline of American manufacturing. > >> The dangerous path of offshoring and outsourcing will lead not > >> only to the destruction of the US economic base, but it will take > >> down the rest of the world with it. During the past 55 years > >> Detroit's population has fallen from 1.8 million to 900,000 in > >> round figures. That is extraordinary deindustrialization. Ford's > >> River Rouge plant once employed 100,000. Today, it is 6,000. > >> Since 1970, it has lost 75% of its manufacturing and jobs. > >> Whole areas of the city have been leveled. We see the same > >> happening to a lesser degree in Buffalo, NY; Chicago; > >> Cleveland; Philadelphia and Pittsburgh and generally throughout > >> Indiana, Ohio, Quebec and Ontario in Canada. > >> Today the median household Detroit income is one-third lower > >> than it was 30-years ago. About 50% of homeowners pay 40% > >> or more of their income on the mortgage on their homes. > >> Thirty percent of housing stock is in worse condition than normal > >> and still takes 40% to 50% of income to either finance or pay rent > >> on. The sad story goes on and we do not see it getting any better > >> thanks to free trade and globalization." > >> http://www.theinternationalforecaste....php?Offset=17 > >> > >> "Delphi, the nation's largest auto supplier, is bankrupt. > >> Production and 35,000 high paying American jobs are > >> being moved to China. 12,000 retirees will receive > >> one-third of their pensions from the PBGC, which is > >> from us, the American taxpayer. You can thank > >> General Motors for a failure that was planned 25 years ago. > >> Delphi wants to cut the wages of 35,000 workers by > >> two-thirds, or to $10.00 an hour to compete with China. > >> Delphi employs 185,000 workers worldwide. > >> ***** > >> GM's future liabilities will increase by $11 billion and in three > >> years or less GM will file bankruptcy and their business > >> will be sold off in segments to vulture investors. > >> > >> (...re-read that again till it sinks in) > >> ***** > >> In order to try to avoid bankruptcy Delphi wanted workers > >> to take wages of $10 to $12 an hour instead of $26 to $30 > >> that they make today. Delphi will also stop paying 4,000 > >> workers who no longer have jobs to do. At the same time > >> the company management increased the severance packages > >> of its top 21 executives. Once again, corporate America > >> cannot help itself. They are consumed with greed. We see a > >> disgusting spectacle of the people at the top taking care > >> of themselves and at the same time demanding extraordinary > >> sacrifices from their hourly workers. Delphi was the 63rd > >> largest US company with annual revenues of $28.62 billion. > >> Our Congress and the American people just don't get it. > >> There economy is being ripped out from underneath them. > >> Their entire society is being destroyed and no one seems > >> to care. The answer is protective tariffs and quotas and a > >> reversal of our national policy of free trade and globalization." > >> http://www.theinternationalforecaste....php?Offset=13 > >> > >> > >> DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!! > >> THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN. > >> > > > > > > -- > > Thank you, > > > > > > CL Gilbert > > "Then said I, Wisdom [is] better than strength: nevertheless the poor > > man's wisdom [is] despised, and his words are not heard." Ecclesiastes > > 9:16 > > |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
TWW wrote:
> "Bob Palmer" <jenbobkatelyn@adelphia.net> wrote in message > news:KvWdnUAjd6dKfEveRVn-jQ@adelphia.com... >> The US isn't it's own country anymore. No one seems to know the >> effects of the national debt of trillions of dollars. It is foreign >> banks and foreign countries that hold our debt and dictate our >> policies and our foreign trade balance. Our President is not much >> more than a puppet. We will stumble along so long as we can borrow >> more money. Half of the collected income taxes are used to pay the >> interest on the national debt. Taxpayers hard earned money shipped >> out of the country. Enjoy while you can. > I am afraid you are right. I am not optimistic at all. Sooner or > later the massive debt we have incurred and the huge trade imbalance > has to catch up. The White House claims the "hot job market" will > guarantee jobs for all those Ford and GM workers laid off. Guess > McDonalds must be expanding. > > It seems to me that in the last 15 years the only real growth industry in the UK has been car boot sales. Yet we seem to keep chugging along. Huw |
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...
"Huw" <hedydd[nospam]@tiscali.co.uk> wrote in message news:43ucfeF1oh8f4U1@individual.net... > TWW wrote: > It seems to me that in the last 15 years the only real growth industry in > the UK has been car boot sales. Yet we seem to keep chugging along. Do you mean "boot" in the British sense, as in "boot and bonnet", or in the American sense, as in "Denver Boot"? In either case, I'm lost. |
All times are GMT -4. The time now is 02:38 PM. |
© 2024 MH Sub I, LLC dba Internet Brands