GM's Bankruptcy - A Sad Day for America

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    Author Topic: GM's Bankruptcy - A Sad Day for America  (Read 1486 times)

    Offline hebeegbz

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #15 on: June 03, 2009 - 05:34:09 PM »
    Quote from: 73dce on June 03, 2009 - 09:15:15 AM
    I worked at Chrysler for about 8 years, its not the regular guys running machines or assembling that sit around and do nothing.  Its the ones that take care of the machines, skilled trades that sit around and thats because if there is nothing to work on, they have nothing to do.  I think its great that people that don't work in there think they know whats going on.  The part of the union that I didn't like was that when someone would get fired for missing to many days, or coming to work drunk, or selling drugs and get busted right in the middle of the plant, they would get called back with backpay.  That was the fall of the union and the big 3 in my opinion, they hired people  that didn't want to work and kept helping them out.
    i have worked in union shops and my comments are in general about unions ,but as a contract worker i was even told dont produce more than the lowest common denom in the shop ,for me that was against my moral fiber and i moved on after a short time .cant say i would ever go back. :2cents:
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    Offline hebeegbz

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #16 on: June 03, 2009 - 05:57:29 PM »
    Quote from: torredcuda on June 03, 2009 - 09:15:31 AM
    How about the thousands,if not millions of workers in dealerships,other plants that make products for cars and planty of other hardworking people who will lose jobs and be negatively affected if GM and Chrysler cease to exist?I will never own a foriegn car no matter what,it`s anti American!
    well i must be anti american when i put in an honest days work and wont support the bums ,and yes millions of hard working americans will be dumped but the best will come out on top and many millions of slackers will most likely go hungry and thats ok to .its sad to call ones self pro american when you dont even understand the extreme hard work and personal investment that our great grandparents worked so hard at and passed on to us . i think they would say get off our priviledged a--es and rebuild this country ,the me me me  i deserve days are over . all thats left now is what color tundra will i buy .  :2cents:
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    Offline 73dce

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #17 on: June 03, 2009 - 09:38:38 PM »
    People buying foreign made products is a real great way to put the country back on track. :screwy:
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    Offline quagmire

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #18 on: June 03, 2009 - 10:13:09 PM »
    I think this has has been a big eye opener, a lot of people are now trying to turn our buying loyalties around but it is too late.  We don't have any industry anymore, and very few things we need to buy are made here.  A lot of people really want to buy American now to get things back, but can't since we have spent decades buying cheap and ultimately foreign products while businesses boarded up or went overseas out of necessity.  IMO, that is the scariest part.  It seems like we have gone too far and can't do much to reverse it.
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    Offline burnt orange

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #19 on: June 03, 2009 - 11:26:54 PM »
    I know how we all feel about Michael Moore around here, but he has an interesting take on this whole GM bankruptcy issue.

    http://www.michaelmoore.com/words/message/index.php?id=248
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    Offline burnt orange

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #20 on: June 03, 2009 - 11:32:08 PM »
    Quote from: quagmire on June 03, 2009 - 10:13:09 PM
    I think this has has been a big eye opener, a lot of people are now trying to turn our buying loyalties around but it is too late.  We don't have any industry anymore, and very few things we need to buy are made here.  A lot of people really want to buy American now to get things back, but can't since we have spent decades buying cheap and ultimately foreign products while businesses boarded up or went overseas out of necessity.  IMO, that is the scariest part.  It seems like we have gone too far and can't do much to reverse it.

    One important statistic can help provide some insight: Whereas manufacturing was twice as large as the financial sector of the U.S. GDP in 1970, these numbers have since been reversed — the financial sector is now 21 percent of U.S. GDP, while manufacturing is just 12 percent, and shrinking.

    Why did the financial sector grow as manufacturing sank? And how are the two related?

    Investors (capitalists) have become increasingly frustrated with actually producing things; the profits just aren’t what they used to be. This is because manufacturers — under capitalism — must compete with others on the world market in selling their goods; and the only way to win this competition is to have the lowest prices, requiring that you also own the most up-to-date and expensive machinery. The huge investment it takes in machinery to win this contest has an adverse affect on profits — the bigger the re-investment in machinery, the lesser the take home cash for the owners.
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    Offline torredcuda

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #21 on: June 04, 2009 - 09:13:41 AM »
    It`s all about the lowest bidder to make products and right now that is China.We can`t compete and although are product is much higher quality the price is higher due to regulations,taxes,wages and benefits and the general cost of doing business in the US compared to some other countries.I have seen this first hand in the sheet metal/machine shop I work in.We can`t compete with China where the workers make 2$ a day.
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    Offline KZ

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #22 on: June 04, 2009 - 12:01:59 PM »
    the problem with our country, as much as we all love it and would never live anywhere else, and our government, is that we wait far too long until a calamity occurs before we take action, if we would nip small problems in the bud before they reached catastrophic, "too big to fail", proportions, then we would be a whole lot better off, we can always do better, but far too often politics gets in the way

    I fear the next thing we are about to see will be Chinese cars hitting our market......this simply shouldn't have to happen, the Big 3 were firmly in control in the 1920's, 30's, 40's, 50's, 60's and even in mid 70's, but they sat on their laurels for the most part, laughed at the Japanese "rice burners" that were being introduced during the oil embargo of the 70's, and the American consumers, always looking for the best bang for their buck chose other than the Big 3...I hope Chysler and GM bounce back, but I don't think history is on their side  :(
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    moparniac

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #23 on: June 04, 2009 - 12:04:46 PM »
    Buy american and kick out ALL foreign businesses   :wavingflag:

    Actually wait! lets just bomb all the countries and pay them back......  :working:
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    Offline burnt orange

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #24 on: June 04, 2009 - 12:29:43 PM »
    Quote from: KZ on June 04, 2009 - 12:01:59 PM
    they sat on their laurels

    no, American car companies (and businessmen) did not sit on their laurels, they invested money, technology and expertise in those countries because they saw a way to make more $$$$ and to heck with the American worker.

    Quote from: StRoKer on June 04, 2009 - 12:04:46 PM
    Actually wait! lets just bomb all the countries and pay them back......  :working:

    That won't help.  Look at the countries whose industry was bombed into near oblivion during WW2  Germany and Japan  -  not doing too bad are they???
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    Offline HP2

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #25 on: June 04, 2009 - 12:42:25 PM »
    How about if we simply allow import rules to match many of these other countries and make it a one for one import/export scenario. Most other countries severely restrict what and how much we can import to their soil while we grant them free and open access to ours.
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    Offline JoltinJoe

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #26 on: June 04, 2009 - 12:50:42 PM »
    Good points burnt orange.

    Lets not forget the MercBenz involvement in Chryslers' fall.  They bought Chrysler, raided their coffers and spun them off.  That was the death blow for Chrysler.
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    Offline 73dce

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #27 on: June 04, 2009 - 03:17:50 PM »
    Quote from: HP2 on June 04, 2009 - 12:42:25 PM
    How about if we simply allow import rules to match many of these other countries and make it a one for one import/export scenario. Most other countries severely restrict what and how much we can import to their soil while we grant them free and open access to ours.

    Exactly what needs to happen, but it wouldn't line politicians pockets, so that's not going to happen.
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    Offline 4THECHALLENGE

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    Re: GM's Bankruptcy - A Sad Day for America
    « Reply #28 on: June 04, 2009 - 04:09:04 PM »
    really depressing news..i think if we had delorean running things it would be different.
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