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Old 12-19-2008, 03:45 AM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,474 posts, read 14,172,990 times
Reputation: 6374

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Understanding. It sinks in. Years too late.

"Thirty years ago, this was probably the most radical plant in North America," said local union chief Jim Graham. "We would stop the line if there was a leak in the ceiling. Now we understand that the enemy is not the management. It's the foreign competition."

Bailout limbo leaves GM town 'on edge' - Washington Post- msnbc.com
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Old 12-19-2008, 04:45 AM
 
19,109 posts, read 20,680,339 times
Reputation: 8394
I feel really for the families... the company failed them, the city failed them, and all their troubles stem not from lack of responsibility but an inept Congress and Presidency that caused this whole mess... they are patient zero so to speak... and why on earth people vote them in the same office year after year, I will never understand... I can't understand why anyone would reward failure and corruption...
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Old 12-19-2008, 07:00 AM
 
3,722 posts, read 4,718,760 times
Reputation: 4751
I don't think the company failed them. I admire that they've tried to live up to the contract. The workers failed the company and themselves by demanding too much. Greed is not good.
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Old 12-19-2008, 07:05 AM
 
6,585 posts, read 23,255,625 times
Reputation: 3208
Daddy gave them more money, so it's all good now. Party on!
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Old 12-19-2008, 07:06 AM
 
19,109 posts, read 20,680,339 times
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Quote:
Originally Posted by trishguard View Post
I don't think the company failed them. I admire that they've tried to live up to the contract. The workers failed the company and themselves by demanding too much. Greed is not good.
I think the company failed them when they failed to deliver the products necessary to advert their own disaster... when they started, it was good quality products and then it went bad for a long, long time and only about the last decade or so, they started improving the quality of their cars... whose fault was it to make defective cars? That wasn't the only point in time where they failed... I am sure OPEC and other oil nations (as well as US car maintenance stores) demanded that American automakers make cars that needed more maintenance by guzzling more gasoline... in return the CEOs were promised (behind closed doors) wealth and more... they took it at the risk of destroying their own company and without the company, the workers wouldn't have work... so yes, I think the company failed them... not that workers were totally innocent but much less so than the company... The union did do outrageous things... that should be a wake-up call to rein in the unions (however, I doubt anyone would actually wake-up)... There are plenty of people to blame but the ones I mentioned deserve the most blame... let me ask you this... while all the auto plants shut down and the workers aren't paid... will the CEOs be working and getting paid during the interim? Its nice to pay some people and not others...
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Old 12-19-2008, 07:13 AM
 
12,869 posts, read 13,441,453 times
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GM and chrysler got the money, 17.4 billion. it will be interesting to see how many americans are going to buy their cars since they bullied the bailout, or even how many americans can now afford new cars. by the way, cerberus does not have to pay one penny. hmmm.......
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Old 12-19-2008, 07:24 AM
 
Location: Heartland Florida
9,324 posts, read 24,274,135 times
Reputation: 4927
Why are my predictions always right? The pattern is set, if you are a big company, no matter how incompetant or corrupt the Government will loan you interest-free money to keep failing. The trick now is to be connected to the Government not to innovate. Small start-ups can fend for themselves. This will continue till the rest of the world stops buying worthless T-bills.
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Old 12-19-2008, 07:28 AM
 
19,109 posts, read 20,680,339 times
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I believe that will be the end of TARP from the Treasury/President... the other hundreds of billions of dollars has to be approved by the Senate before it can be disbursed...
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Old 12-19-2008, 07:30 AM
 
Location: Heartland Florida
9,324 posts, read 24,274,135 times
Reputation: 4927
Quote:
Originally Posted by evilnewbie View Post
I believe that will be the end of TARP from the Treasury/President... the other hundreds of billions of dollars has to be approved by the Senate before it can be disbursed...
The TARP slush fund is unlimited, there will always be "money" left over to spend.
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Old 12-19-2008, 07:43 AM
 
Location: western East Roman Empire
7,460 posts, read 11,244,888 times
Reputation: 7037
Quote:
Originally Posted by tallrick View Post
The TARP slush fund is unlimited, there will always be "money" left over to spend.
Exactly, if the Congressmen had any backbone, they could have blocked this.

But the reality is that they are all bought off and their conduct demonstrates that they wish to avoid responsibility for both corruption and reform, mainly because the corrupt cannot reform themselves.
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