It amazes me how people make statements when they have little to no knowledge of what they speak and OUTDATED data
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Originally Posted by finalfinish
They employ ridiculously high priced laborers that use ridiculous unions. This was bound to happen, there is no excuse. I say if they have managed to build junk cars and not expand, let them go under. This is the problem with the bailout proposed for automakers. .
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Wrongo #1) Domestic implants and big three union workers make equivalent wages,... in 2009 the wages will be even more in favor for the big three
Wrongo #2) Quality of domestic vehicles has been on a steady improvement (refer to JD chart posted earlier in this thread
Wrongo #4) This is not a bailout, it is A LOAN.. JUST LIKE what was given to Chrysler years ago and I feel this needs to be repeated... OUR GOVERNMENT MADE NEARLY $500 MILLION OFF THE LOAN TO CHRYSLER
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Originally Posted by jfelbab
Spending trillions on an ailing economy with no hope of recovery is just greasing the skids. We will simply hit the wall faster than ever.
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No hope for recovery??? Please elabortate on where are you getting your data from??? All reports/analysis I have access to tell a very different story
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Originally Posted by wytstang
Exactly; it's amazing how the Non "Big 3" are doing just fine in the US while the "Big 3" are crippled. Pay cuts need to happen NOW not next week not next month, not next year, like YESTERDAY. If that means they work for $20 an hour do it, and when they are back on there feet increase the pay. I'd take $20 over $0 that's for damn sure.
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Please understand, assembly workers for domestic and domestic transplants are now basically the same... the domestics will get even more leverage next year due to new labor contracts... What the implants have on thier side is they do not have decades of retiree's to support...... And for the record, Non Big Three OEM's are not doing just fine... Have you read any of their financials lately???