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


To: Alighieri who wrote (837036)2/17/2015 10:48:35 AM
From: i-node2 Recommendations

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FJB
gamesmistress

  Respond to of 1577376
 
>> Right...eventually we will have developed molecular transport and you will indeed have been right.

You know, I made my case. Giving the company to the unions, the very people who flew it into the ground, was stupid. Because ultimately, they'll just do it again. Of course when a company with billions in assets has its debt wiped clean it is going to take some time for them to fuck it up again. But there was nothing, at all, done to prevent it from happening.

It is all but unheard of for a company to come out of Chapter 11 with ridiculous union contracts intact. Yet, GM continues to have the most overpaid, overcompensated unskilled laborers in the entire world. In a place where the assembly line will literally STOP if a worker has to reach more than 18", the opportunity for profits is highly limited and the product subject to severe competitive pressures.

Yes, Apple, if it gets in the car business, will be a nightmare for GM. Tesla could be as well (but it is undercapitalized).

So, I'm not arguing this with you any further. You either accept my statements or you don't. It has nothing to with my ideology and everything to do with knowing how businesses work.