RE: Corporate Personhood -- What Happens at GM?

RE: Corporate Personhood -- What Happens at GM? (Full Version)

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Musicmystery -> RE: Corporate Personhood -- What Happens at GM? (6/7/2014 1:43:38 PM)
quote: ORIGINAL: thishereboi quote: ORIGINAL: mnottertail quote: ORIGINAL: Musicmystery Um . . . I believe that's the issue the OP is addressing. Yeah, right there in Detroit, the corporate town. Well the unions did certainly do their share but mostly it was the crooks in office. It wasn't either one. There are 81 cars per every 100 people in the US. It's no surprise sales are sluggish when the market is flooded. There are 1 billion cars globally (for a population of 7 billion). In short -- we're covered. Since the 70s, Detroit made a series of poor (short-sighted) business decisions. The Big Three ruled the industry, but with double digit interest available, invested in the money market instead of expensive long term re-tooling for the cars people would be wanting. Germany, Sweden, Japan, and a few others, decided they'd rather settle for an 8% return but to plan a decade or two into the future. As such, they grabbed substantial market share, and those satisfied customers aren't lightly returning to the Big Three (I myself, a former GM customer, have bought Toyotas exclusively since 1993). Even today, there are market areas open that Detroit is ignoring, because they insist on making large, fuel-inefficient cars to push large ticket items on the country. So the new cheap, efficient cars are being made by China, and will start to appear here soon, further eroding market share. All of this could EASILY have happened in Detroit instead, but no, they cling instead to the outdated model, investing in propping it up. It's an industry that did itself in.

MrRodgers -> RE: Corporate Personhood -- What Happens at GM? (6/7/2014 7:54:19 PM)
quote: ORIGINAL: Musicmystery quote: ORIGINAL: thishereboi quote: ORIGINAL: mnottertail quote: ORIGINAL: Musicmystery Um . . . I believe that's the issue the OP is addressing. Yeah, right there in Detroit, the corporate town. Well the unions did certainly do their share but mostly it was the crooks in office. It wasn't either one. There are 81 cars per every 100 people in the US. It's no surprise sales are sluggish when the market is flooded. There are 1 billion cars globally (for a population of 7 billion). In short -- we're covered. Since the 70s, Detroit made a series of poor (short-sighted) business decisions. The Big Three ruled the industry, but with double digit interest available, invested in the money market instead of expensive long term re-tooling for the cars people would be wanting. Germany, Sweden, Japan, and a few others, decided they'd rather settle for an 8% return but to plan a decade or two into the future. As such, they grabbed substantial market share, and those satisfied customers aren't lightly returning to the Big Three (I myself, a former GM customer, have bought Toyotas exclusively since 1993). Even today, there are market areas open that Detroit is ignoring, because they insist on making large, fuel-inefficient cars to push large ticket items on the country. So the new cheap, efficient cars are being made by China, and will start to appear here soon, further eroding market share. All of this could EASILY have happened in Detroit instead, but no, they cling instead to the outdated model, investing in propping it up. It's an industry that did itself in. Very good synopsis. Funny how so many find it easier to blame the 'greed; of the unions wanting a living wage rather then the investor class missing the boat through their greed.

MrRodgers -> RE: Corporate Personhood -- What Happens at GM? (6/7/2014 8:10:58 PM)
quote: ORIGINAL: thishereboi quote: ORIGINAL: MrRodgers quote: ORIGINAL: thishereboi quote: ORIGINAL: mnottertail quote: ORIGINAL: Musicmystery Um . . . I believe that's the issue the OP is addressing. Yeah, right there in Detroit, the corporate town. Not sure why you would care about a liberal town like Detroit. No nutsackers there and the airport bathroom isn't big enough to throw a party. The vulture capitalist was there and eliminated or moved an estimated 3 million jobs (China/Mexico) reducing demand for another 2 million, presto...ghost town. What would happen to any major city if you removed 5 million jobs ? Yes, they've had corrupt govts, but so have other cities some of which got state or federal bailouts. NY comes to mind and paid for a $50 million face-lift for Yankees stadium while being bailed-out. any links to share? Yankee stadium facelift The stadium closed September 1973 and reopened after a $48 million face lift on April 15, 1976. NYC bailout

thishereboi -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 12:34:07 PM)
And what does either link have to do with your claim that Detroit lost 5 million jobs?

BitYakin -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 12:58:37 PM)
Very good synopsis. Funny how so many find it easier to blame the 'greed; of the unions wanting a living wage rather then the investor class missing the boat through their greed. _______________________________________________________________________________________________________________________________ wanting a living wage? you mean double a living wage... when I was younger, 20's min wage was around 3 dollars an hour, people making 5, 6, 7 dollars an hour were LIVING decently, people making 10 dollars an hour were living fairly well, people I knew who worked at the Chrystler plane in Fenton were making 20+ an hour. that's triple a LIVING WAGE, and 100% more than people I knew who were living well do I begrudge them making good money, NO, but neither was/am I sympathetic when they CRIED they needed MORE...

thishereboi -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 1:06:57 PM)
If you honestly believe the heads of the unions are not making a living wage, you need to step back from the koolaid pitcher. I think you've had enough.

dcnovice -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 1:42:53 PM)
quote: (I myself, a former GM customer, have bought Toyotas exclusively since 1993) In 1989, my brother and his girlfriend (now wife) graduated from college, got jobs, and bought their first cars. Girlfriend bought a Honda. She drove it happily for a dozen years, until someone plowed into her and totaled it. She's driven Hondas ever since. Bro, however, felt obliged to "buy American." No one was quite sure why, though we surmise it came from spending four years in the rust belt. He got a Pontiac that proved such a lemon he had to replace it a year or two later. It was the last American car he ever bought.

thompsonx -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 2:22:05 PM)
quote: ORIGINAL: dcnovice quote: (I myself, a former GM customer, have bought Toyotas exclusively since 1993) In 1989, my brother and his girlfriend (now wife) graduated from college, got jobs, and bought their first cars. Girlfriend bought a Honda. She drove it happily for a dozen years, until someone plowed into her and totaled it. She's driven Hondas ever since. Bro, however, felt obliged to "buy American." No one was quite sure why, though we surmise it came from spending four years in the rust belt. He got a Pontiac that proved such a lemon he had to replace it a year or two later. It was the last American car he ever bought. I am an eclectic sort and have a lot of different marqs. I maintain them myself because I am too cheap to pay someone what it is worth to do it. Toyota gets about $120 per hour to work on them. just like mopar and chevy.I have a studibaker and a jag a mercedes and a olds squar 4 fords and mopars. All are internal combustion engines and they all follow the same principle. Every manufacturer makes some compromise which eventually leads to failure. If you know the failure mode then it is not all that hard to pm it.

Musicmystery -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 2:23:53 PM)
quote: ORIGINAL: thompsonx Toyota gets about $120 per hour to work on them. As a Toyota customer, I can tell you that's not true. More like $70.

MercTech -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 2:56:31 PM)
GM... remember 7 out of 10 GM cars are NOT built in the U.S. https://www.youtube.com/watch?v=Lvl5Gan69Wo

LookieNoNookie -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 2:58:45 PM)
quote: ORIGINAL: Musicmystery quote: ORIGINAL: thompsonx Toyota gets about $120 per hour to work on them. As a Toyota customer, I can tell you that's not true. More like $70. WAIT A GALDARN MINUTE!!!!! Are you telling me that ThompsonV is wrong?????

thompsonx -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 3:29:33 PM)
quote: ORIGINAL: Musicmystery quote: ORIGINAL: thompsonx Toyota gets about $120 per hour to work on them. As a Toyota customer, I can tell you that's not true. More like $70. You are paying $70 per hour at the dealership? That is quite cheap. Here in california it is over $100. Three years ago the mopar dealer was getting $120 and jag was getting about $200.

thompsonx -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 3:32:53 PM)
WAIT A GALDARN MINUTE!!!!! Are you telling me that ThompsonV is wrong????? Only an adolescent mongoloid would think that. For those of us who can read what he said was where he lives he gets his toyota worked on for $70 per hour. I live in california where the economy is a bit more prosperous and prices are a little higher.

LookieNoNookie -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 6:58:42 PM)
quote: ORIGINAL: thompsonx WAIT A GALDARN MINUTE!!!!! Are you telling me that ThompsonV is wrong????? Only an adolescent mongoloid would think that. For those of us who can read what he said was where he lives he gets his toyota worked on for $70 per hour. I live in california where the economy is a bit more prosperous and prices are a little higher. I live in Seattle, the second fastest growing economy in the country. With people making on average, $134,000 a year, we don't pay those prices. ThompsonV knows everything. He's a genius. He knows everything. (I wish I could be like ThompsonV).

Musicmystery -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 7:50:59 PM)
You'd have to keep remembering to use bold font. You're better off.

LookieNoNookie -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 8:10:26 PM)
quote: ORIGINAL: Musicmystery You'd have to keep remembering to use bold font. You're better off. I thought the V was enough....I have failed everyone.

Musicmystery -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 8:17:50 PM)
See? Now, you COULD have had a V8 . . .

LookieNoNookie -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 8:39:47 PM)
quote: ORIGINAL: Musicmystery See? Now, you COULD have had a V8 . . . ThompsonV is a V1

LookieNoNookie -> RE: Corporate Personhood -- What Happens at GM? (6/8/2014 10:11:25 PM)
Sorry..... -1

SadistDave -> RE: Corporate Personhood -- What Happens at GM? (6/9/2014 1:33:20 AM)
quote: ORIGINAL: LookieNoNookie Sorry..... -1 You're still giving him way too much credit. -SD-

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