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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (436379)11/23/2008 8:10:58 PM
From: tejek  Read Replies (1) | Respond to of 1574225
 
Hell, it has been all over the Sunday news shows today. I told you months ago the unions were the problem; now, we find out that pretty much everyone, even the libs, have acknowledged it. And that the union contracts will have to be fixed as a precondition to the bailout.

You're the fool. Just like Americans didn't get Bush was an idiot until after those on this thread knew it, so are Americans getting this whole union thing is a smokescreen to cover up the incompetency of mgmt. Sure unions have to do their share but Rogers and his GOP cronies better keeping sell those frigging corporate jets.



To: i-node who wrote (436379)11/24/2008 5:56:15 AM
From: Road Walker1 Recommendation  Read Replies (3) | Respond to of 1574225
 
Hell, it has been all over the Sunday news shows today. I told you months ago the unions were the problem; now, we find out that pretty much everyone, even the libs, have acknowledged it.

If you are talking specifically about Detroit (and we were not; unions nationwide have a small and shrinking share), the unions are part of the solution but by no means a great part of the problem. A bigger part of the problem is that the big 3 have to pay for health care benefits while their competitors do not.

Management, in fact management across a lot of industries in this country, has let itself get in a position where a recession, or even the hint of a recession, makes them financially unviable. No nuts squirreled away for a rainy day. Too much debt. Working on the assumption that every day will be a sunny day.

Hell GM is the first or second largest car company, and has the #1 nameplate in the fastest growing market in the world. If a couple of months slow down in the economy makes that threaten bankruptcy, then the problems run deep.