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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer -- Ignore unavailable to you. Want to Upgrade?


To: queenleah who wrote (1288)10/1/2007 4:11:35 PM
From: joefromspringfieldRead Replies (2) | Respond to of 2121
 
Queen

I hope you listened to Moneytalk on Saturday. Bob Brinker started off by saying that GM has a labor cost of $80 an hour for union workers while Toyota's cost is $50 and hour. He feels that GM does not have a viable business model and if changes aren't made the company will go bankrupt. Later a caller brought up the CEO pay issue. Brinker stated that the two were unrelated. I agree with him while you do not. As bob would say we can agree to disagree. I was unaware of the situation until he brought it up. Therefore I had no position on the issues at that time. Brinker stated his position and I agreed with him. It is your right to disagree with Bob. Many people do that frequently here. Ephud likes to call them bashers. That is his right. I don't feel that strong about it.