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Old 01-23-2006, 21:01   #1 (permalink)
pushdamagicbuttondude
Guest
 
Posts: n/a
Ford GM Delphi layoffs were planned in July 05 and earlier...

July 23 2005:

"More than a month ago, GM informed us that they would be
eliminating another 25,000 additional hourly production worker
jobs, accompanied by the closure of an unspecified number
of production facilities, probably seven. Unless there is aid from
Congress, which developed for Chrysler in the 1980s, we will
witness the disappearance of one of the most powerful
corporations of the 20th century. If GM goes under we will lose
a priceless, technologically advanced machine-tool capability.
The termination of 25% of operating capacity will terminate
the incomes of some 500,000 individuals and suppliers of one
form or another, a tribute to free trade and globalization.
GM is disassembling its operations in the US and globalizing them.
Already 45% of GMís North American production
capacity Ė some 15 plants Ė is unused or produces models that
generate little or no profit. That means more closings are on the way.
Then there is the pension plan that is underfunded by $45 billion
and effects 1.2 million pensioners and $270 billion in junk
bonds, which could eventually destroy the derivatives market.
The carnage at GM has only just begun and will be followed by Ford.
Not a pretty picture, but reality as we see it today and in the future.
As long as corporate America offshores and outsources, the American
economy will continue to collapse."
http://www.theinternationalforecaste....php?Offset=18

September 03, 2005:

"Detroit and Michigan is a zone of the living dead. Detroit represents
the deliberately arranged decline of American manufacturing.
The dangerous path of offshoring and outsourcing will lead not
only to the destruction of the US economic base, but it will take
down the rest of the world with it. During the past 55 years
Detroit's population has fallen from 1.8 million to 900,000 in
round figures. That is extraordinary deindustrialization. Ford's
River Rouge plant once employed 100,000. Today, it is 6,000.
Since 1970, it has lost 75% of its manufacturing and jobs.
Whole areas of the city have been leveled. We see the same
happening to a lesser degree in Buffalo, NY; Chicago;
Cleveland; Philadelphia and Pittsburgh and generally throughout
Indiana, Ohio, Quebec and Ontario in Canada.
Today the median household Detroit income is one-third lower
than it was 30-years ago. About 50% of homeowners pay 40%
or more of their income on the mortgage on their homes.
Thirty percent of housing stock is in worse condition than normal
and still takes 40% to 50% of income to either finance or pay rent
on. The sad story goes on and we do not see it getting any better
thanks to free trade and globalization."
http://www.theinternationalforecaste....php?Offset=17

"Delphi, the nationís largest auto supplier, is bankrupt.
Production and 35,000 high paying American jobs are
being moved to China. 12,000 retirees will receive
one-third of their pensions from the PBGC, which is
from us, the American taxpayer. You can thank
General Motors for a failure that was planned 25 years ago.
Delphi wants to cut the wages of 35,000 workers by
two-thirds, or to $10.00 an hour to compete with China.
Delphi employs 185,000 workers worldwide.
*****
GMís future liabilities will increase by $11 billion and in three
years or less GM will file bankruptcy and their business
will be sold off in segments to vulture investors.

(...re-read that again till it sinks in)
*****
In order to try to avoid bankruptcy Delphi wanted workers
to take wages of $10 to $12 an hour instead of $26 to $30
that they make today. Delphi will also stop paying 4,000
workers who no longer have jobs to do. At the same time
the company management increased the severance packages
of its top 21 executives. Once again, corporate America
cannot help itself. They are consumed with greed. We see a
disgusting spectacle of the people at the top taking care
of themselves and at the same time demanding extraordinary
sacrifices from their hourly workers. Delphi was the 63rd
largest US company with annual revenues of $28.62 billion.
Our Congress and the American people just donít get it.
There economy is being ripped out from underneath them.
Their entire society is being destroyed and no one seems
to care. The answer is protective tariffs and quotas and a
reversal of our national policy of free trade and globalization."
http://www.theinternationalforecaste....php?Offset=13


DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!!
THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN.

  Reply With Quote
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Old 01-23-2006, 21:01   #2 (permalink)
Bob Palmer
Guest
 
Posts: n/a
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...

Thank you for these news articles, however, if you expect the American sheep
to be alarmed - it won't happen. Whatever it is that TV advertises the most,
they will buy. The outrageous and immoral acts of our elected officials get
a slap on the wrist and then things go back to the usual. The U.S. is on a
downward spiral. The only thing propping us up is the technology of our
military. Enjoy while you can.

"pushdamagicbuttondude" <wheezers555@verizonsucksass.com> wrote in message
news:ebb88$43d5bebc$d1cc7b72$7422@snip.allthenewsgroups.com...
> July 23 2005:
>
> "More than a month ago, GM informed us that they would be
> eliminating another 25,000 additional hourly production worker
> jobs, accompanied by the closure of an unspecified number
> of production facilities, probably seven. Unless there is aid from
> Congress, which developed for Chrysler in the 1980s, we will
> witness the disappearance of one of the most powerful
> corporations of the 20th century. If GM goes under we will lose
> a priceless, technologically advanced machine-tool capability.
> The termination of 25% of operating capacity will terminate
> the incomes of some 500,000 individuals and suppliers of one
> form or another, a tribute to free trade and globalization.
> GM is disassembling its operations in the US and globalizing them.
> Already 45% of GMís North American production
> capacity Ė some 15 plants Ė is unused or produces models that
> generate little or no profit. That means more closings are on the way.
> Then there is the pension plan that is underfunded by $45 billion
> and effects 1.2 million pensioners and $270 billion in junk
> bonds, which could eventually destroy the derivatives market.
> The carnage at GM has only just begun and will be followed by Ford.
> Not a pretty picture, but reality as we see it today and in the future.
> As long as corporate America offshores and outsources, the American
> economy will continue to collapse."
> http://www.theinternationalforecaste....php?Offset=18
>
> September 03, 2005:
>
> "Detroit and Michigan is a zone of the living dead. Detroit represents
> the deliberately arranged decline of American manufacturing.
> The dangerous path of offshoring and outsourcing will lead not
> only to the destruction of the US economic base, but it will take
> down the rest of the world with it. During the past 55 years
> Detroit's population has fallen from 1.8 million to 900,000 in
> round figures. That is extraordinary deindustrialization. Ford's
> River Rouge plant once employed 100,000. Today, it is 6,000.
> Since 1970, it has lost 75% of its manufacturing and jobs.
> Whole areas of the city have been leveled. We see the same
> happening to a lesser degree in Buffalo, NY; Chicago;
> Cleveland; Philadelphia and Pittsburgh and generally throughout
> Indiana, Ohio, Quebec and Ontario in Canada.
> Today the median household Detroit income is one-third lower
> than it was 30-years ago. About 50% of homeowners pay 40%
> or more of their income on the mortgage on their homes.
> Thirty percent of housing stock is in worse condition than normal
> and still takes 40% to 50% of income to either finance or pay rent
> on. The sad story goes on and we do not see it getting any better
> thanks to free trade and globalization."
> http://www.theinternationalforecaste....php?Offset=17
>
> "Delphi, the nationís largest auto supplier, is bankrupt.
> Production and 35,000 high paying American jobs are
> being moved to China. 12,000 retirees will receive
> one-third of their pensions from the PBGC, which is
> from us, the American taxpayer. You can thank
> General Motors for a failure that was planned 25 years ago.
> Delphi wants to cut the wages of 35,000 workers by
> two-thirds, or to $10.00 an hour to compete with China.
> Delphi employs 185,000 workers worldwide.
> *****
> GMís future liabilities will increase by $11 billion and in three
> years or less GM will file bankruptcy and their business
> will be sold off in segments to vulture investors.
>
> (...re-read that again till it sinks in)
> *****
> In order to try to avoid bankruptcy Delphi wanted workers
> to take wages of $10 to $12 an hour instead of $26 to $30
> that they make today. Delphi will also stop paying 4,000
> workers who no longer have jobs to do. At the same time
> the company management increased the severance packages
> of its top 21 executives. Once again, corporate America
> cannot help itself. They are consumed with greed. We see a
> disgusting spectacle of the people at the top taking care
> of themselves and at the same time demanding extraordinary
> sacrifices from their hourly workers. Delphi was the 63rd
> largest US company with annual revenues of $28.62 billion.
> Our Congress and the American people just donít get it.
> There economy is being ripped out from underneath them.
> Their entire society is being destroyed and no one seems
> to care. The answer is protective tariffs and quotas and a
> reversal of our national policy of free trade and globalization."
> http://www.theinternationalforecaste....php?Offset=13
>
>
> DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!!
> THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN.
>



  Reply With Quote
Old 01-24-2006, 01:01   #3 (permalink)
xblazinlv
Guest
 
Posts: n/a
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...

I wouldn't worry at all about Delphi....I'm sure it will all work out

------------------------------------
Mike Mangione
http://www.carforums.net

  Reply With Quote
Old 01-24-2006, 05:01   #4 (permalink)
twfsa
Guest
 
Posts: n/a
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...

The Big 3 need to stop building junk! manufacture something that doesn't
need $2k worth of repairs as soon as the warranty expires, they should go
100K with only maintance,tires, and normal ware out items shocks,
brakes,belts and hoses. There in the position there in because, thats where
they aligned them self,saving a nickle here and a dime there on parts, that
are not worth a shit!

Tom


"pushdamagicbuttondude" <wheezers555@verizonsucksass.com> wrote in message
news:ebb88$43d5bebc$d1cc7b72$7422@snip.allthenewsgroups.com...
> July 23 2005:
>
> "More than a month ago, GM informed us that they would be
> eliminating another 25,000 additional hourly production worker
> jobs, accompanied by the closure of an unspecified number
> of production facilities, probably seven. Unless there is aid from
> Congress, which developed for Chrysler in the 1980s, we will
> witness the disappearance of one of the most powerful
> corporations of the 20th century. If GM goes under we will lose
> a priceless, technologically advanced machine-tool capability.
> The termination of 25% of operating capacity will terminate
> the incomes of some 500,000 individuals and suppliers of one
> form or another, a tribute to free trade and globalization.
> GM is disassembling its operations in the US and globalizing them.
> Already 45% of GMís North American production
> capacity Ė some 15 plants Ė is unused or produces models that
> generate little or no profit. That means more closings are on the way.
> Then there is the pension plan that is underfunded by $45 billion
> and effects 1.2 million pensioners and $270 billion in junk
> bonds, which could eventually destroy the derivatives market.
> The carnage at GM has only just begun and will be followed by Ford.
> Not a pretty picture, but reality as we see it today and in the future.
> As long as corporate America offshores and outsources, the American
> economy will continue to collapse."
> http://www.theinternationalforecaste....php?Offset=18
>
> September 03, 2005:
>
> "Detroit and Michigan is a zone of the living dead. Detroit represents
> the deliberately arranged decline of American manufacturing.
> The dangerous path of offshoring and outsourcing will lead not
> only to the destruction of the US economic base, but it will take
> down the rest of the world with it. During the past 55 years
> Detroit's population has fallen from 1.8 million to 900,000 in
> round figures. That is extraordinary deindustrialization. Ford's
> River Rouge plant once employed 100,000. Today, it is 6,000.
> Since 1970, it has lost 75% of its manufacturing and jobs.
> Whole areas of the city have been leveled. We see the same
> happening to a lesser degree in Buffalo, NY; Chicago;
> Cleveland; Philadelphia and Pittsburgh and generally throughout
> Indiana, Ohio, Quebec and Ontario in Canada.
> Today the median household Detroit income is one-third lower
> than it was 30-years ago. About 50% of homeowners pay 40%
> or more of their income on the mortgage on their homes.
> Thirty percent of housing stock is in worse condition than normal
> and still takes 40% to 50% of income to either finance or pay rent
> on. The sad story goes on and we do not see it getting any better
> thanks to free trade and globalization."
> http://www.theinternationalforecaste....php?Offset=17
>
> "Delphi, the nationís largest auto supplier, is bankrupt.
> Production and 35,000 high paying American jobs are
> being moved to China. 12,000 retirees will receive
> one-third of their pensions from the PBGC, which is
> from us, the American taxpayer. You can thank
> General Motors for a failure that was planned 25 years ago.
> Delphi wants to cut the wages of 35,000 workers by
> two-thirds, or to $10.00 an hour to compete with China.
> Delphi employs 185,000 workers worldwide.
> *****
> GMís future liabilities will increase by $11 billion and in three
> years or less GM will file bankruptcy and their business
> will be sold off in segments to vulture investors.
>
> (...re-read that again till it sinks in)
> *****
> In order to try to avoid bankruptcy Delphi wanted workers
> to take wages of $10 to $12 an hour instead of $26 to $30
> that they make today. Delphi will also stop paying 4,000
> workers who no longer have jobs to do. At the same time
> the company management increased the severance packages
> of its top 21 executives. Once again, corporate America
> cannot help itself. They are consumed with greed. We see a
> disgusting spectacle of the people at the top taking care
> of themselves and at the same time demanding extraordinary
> sacrifices from their hourly workers. Delphi was the 63rd
> largest US company with annual revenues of $28.62 billion.
> Our Congress and the American people just donít get it.
> There economy is being ripped out from underneath them.
> Their entire society is being destroyed and no one seems
> to care. The answer is protective tariffs and quotas and a
> reversal of our national policy of free trade and globalization."
> http://www.theinternationalforecaste....php?Offset=13
>
>
> DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!!
> THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN.
>



  Reply With Quote
Old 01-24-2006, 06:01   #5 (permalink)
CL (dnoyeB) Gilbert
Guest
 
Posts: n/a
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...

The effects that would naturally occur from excessive offshoring would
be the people couldnt import anymore since nobody could buy. However,
China, Japan hava intelligently hid this effect by purching the bulk of
US debt.

Are we still laughing at the Japanese Economy?

The Insurance premium excuse is tired. Henry Ford build a hospital for
cryin out loud. Its one of the biggest groups of hospitals in this
area. How could he see this and these Million dollar bonus bozos not?
Plus if you have so many employees and 3 big ass companies why cant you
negotiate fair rates?

The Rich flogg the working class and the world, and blame it on the
poor/defenceless. Whats new?

CL




pushdamagicbuttondude wrote:
> July 23 2005:
>
> "More than a month ago, GM informed us that they would be
> eliminating another 25,000 additional hourly production worker
> jobs, accompanied by the closure of an unspecified number
> of production facilities, probably seven. Unless there is aid from
> Congress, which developed for Chrysler in the 1980s, we will
> witness the disappearance of one of the most powerful
> corporations of the 20th century. If GM goes under we will lose
> a priceless, technologically advanced machine-tool capability.
> The termination of 25% of operating capacity will terminate
> the incomes of some 500,000 individuals and suppliers of one
> form or another, a tribute to free trade and globalization.
> GM is disassembling its operations in the US and globalizing them.
> Already 45% of GMís North American production
> capacity Ė some 15 plants Ė is unused or produces models that
> generate little or no profit. That means more closings are on the way.
> Then there is the pension plan that is underfunded by $45 billion
> and effects 1.2 million pensioners and $270 billion in junk
> bonds, which could eventually destroy the derivatives market.
> The carnage at GM has only just begun and will be followed by Ford.
> Not a pretty picture, but reality as we see it today and in the future.
> As long as corporate America offshores and outsources, the American
> economy will continue to collapse."
> http://www.theinternationalforecaste....php?Offset=18
>
> September 03, 2005:
>
> "Detroit and Michigan is a zone of the living dead. Detroit represents
> the deliberately arranged decline of American manufacturing.
> The dangerous path of offshoring and outsourcing will lead not
> only to the destruction of the US economic base, but it will take
> down the rest of the world with it. During the past 55 years
> Detroit's population has fallen from 1.8 million to 900,000 in
> round figures. That is extraordinary deindustrialization. Ford's
> River Rouge plant once employed 100,000. Today, it is 6,000.
> Since 1970, it has lost 75% of its manufacturing and jobs.
> Whole areas of the city have been leveled. We see the same
> happening to a lesser degree in Buffalo, NY; Chicago;
> Cleveland; Philadelphia and Pittsburgh and generally throughout
> Indiana, Ohio, Quebec and Ontario in Canada.
> Today the median household Detroit income is one-third lower
> than it was 30-years ago. About 50% of homeowners pay 40%
> or more of their income on the mortgage on their homes.
> Thirty percent of housing stock is in worse condition than normal
> and still takes 40% to 50% of income to either finance or pay rent
> on. The sad story goes on and we do not see it getting any better
> thanks to free trade and globalization."
> http://www.theinternationalforecaste....php?Offset=17
>
> "Delphi, the nationís largest auto supplier, is bankrupt.
> Production and 35,000 high paying American jobs are
> being moved to China. 12,000 retirees will receive
> one-third of their pensions from the PBGC, which is
> from us, the American taxpayer. You can thank
> General Motors for a failure that was planned 25 years ago.
> Delphi wants to cut the wages of 35,000 workers by
> two-thirds, or to $10.00 an hour to compete with China.
> Delphi employs 185,000 workers worldwide.
> *****
> GMís future liabilities will increase by $11 billion and in three
> years or less GM will file bankruptcy and their business
> will be sold off in segments to vulture investors.
>
> (...re-read that again till it sinks in)
> *****
> In order to try to avoid bankruptcy Delphi wanted workers
> to take wages of $10 to $12 an hour instead of $26 to $30
> that they make today. Delphi will also stop paying 4,000
> workers who no longer have jobs to do. At the same time
> the company management increased the severance packages
> of its top 21 executives. Once again, corporate America
> cannot help itself. They are consumed with greed. We see a
> disgusting spectacle of the people at the top taking care
> of themselves and at the same time demanding extraordinary
> sacrifices from their hourly workers. Delphi was the 63rd
> largest US company with annual revenues of $28.62 billion.
> Our Congress and the American people just donít get it.
> There economy is being ripped out from underneath them.
> Their entire society is being destroyed and no one seems
> to care. The answer is protective tariffs and quotas and a
> reversal of our national policy of free trade and globalization."
> http://www.theinternationalforecaste....php?Offset=13
>
>
> DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!!
> THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN.
>



--
Thank you,


CL Gilbert
"Then said I, Wisdom [is] better than strength: nevertheless the poor
man's wisdom [is] despised, and his words are not heard." Ecclesiastes 9:16
  Reply With Quote
Old 01-24-2006, 09:01   #6 (permalink)
Backyard Mechanic
Guest
 
Posts: n/a
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...

Victims v 'The Powerful'

How classic!

As a former GM worker, who escaped from dronesville, I'm of two minds on
this.

1. That managers of a company that's losing out in the marketplace,
receive 'bonuses', is indeed an abomination of free market forces.
- Somewhere there is an antidote to this, but it lies along the path of
long-term investment... not statutory law or some sort of ethics
investigation. If there's to be ANY governmental action resulting in a
damping effect, it SHOULD be the elimination of stock-flipping. Which
would greatly reduce selling short and remove the attention from the
quarterly and/or monthly bottom line. Our greatest enemy here, is the
MBA.

2. The propensity of unions, particularly on the local level, to curry
votes and favor of the unproductive slackers and drug-dealers in their
orgs is not only jingoist but results in the actions we now see.
- That union-members should have some pride in their product, despite a
temporary movement in that direction with Ford/UAW, cant be denied. The
fact is, however, it simply didnt take... and that was because both lower
management and ALL Union management saw it as a 'prop' which could be
discarded at the earliest possible moment.

Ask your local autoworker how those 'Quality Circles' are doing.

The fall-back, of course, is to rely on protectionism... Americans have
been indoctrinated to the point where they see only that they cant
compete.. that is not true. It's only true that Americans cant compete
doing things the old way; IOW, if you dont change, you die*.

And yes, in a way... we ARE still laughing at the Japanese economy..
rather we are laughing at those doom-sayers who cried 'wolf' at the idea
of the Japanese 'Buying America' in the late eighties.

When you LOOK at WHERE the Japanese 'bought up' you see a striking
difference compared to where they didnt buy.

They bought in the US and Canada, they bought in the UK. Guess which
economies are relatively stable, throughout! At a large -SHORT TERM (and
a decade IS short term)- cost to the Japanese, BTW! *They chose change
over corporate socialism, rather than dying.

Taking the short-term view is always tempting, but it's the isolated
indidvidual who profits.. not the rest of us... taking the long term view
almost always rewards the rest of us.

And THAT is the way i look at China.. no matter WHAT you MIGHT think, no
matter WHAT the Beijing talking heads spout... the real fact is that Red
Army Inc has become "China Inc."

Their economic base is built on the dollar; Beijing blustering and saying
they might switch to the Euro, which is freaking artificially propped...
just as is their own currency, would not be in their interest.

"CL (dnoyeB) Gilbert" <Fake@ThisOneIsFake.com> wrote:

> The effects that would naturally occur from excessive offshoring would
> be the people couldnt import anymore since nobody could buy. However,
> China, Japan hava intelligently hid this effect by purching the bulk of
> US debt.
>
> Are we still laughing at the Japanese Economy?
>
> The Insurance premium excuse is tired. Henry Ford build a hospital for
> cryin out loud. Its one of the biggest groups of hospitals in this
> area. How could he see this and these Million dollar bonus bozos not?
> Plus if you have so many employees and 3 big ass companies why cant you
> negotiate fair rates?
>
> The Rich flogg the working class and the world, and blame it on the
> poor/defenceless. Whats new?
>> *****
>> In order to try to avoid bankruptcy Delphi wanted workers
>> to take wages of $10 to $12 an hour instead of $26 to $30
>> that they make today. Delphi will also stop paying 4,000
>> workers who no longer have jobs to do. At the same time
>> the company management increased the severance packages
>> of its top 21 executives. Once again, corporate America
>> cannot help itself. They are consumed with greed. We see a
>> disgusting spectacle of the people at the top taking care
>> of themselves and at the same time demanding extraordinary
>> sacrifices from their hourly workers. Delphi was the 63rd
>> largest US company with annual revenues of $28.62 billion.
>> Our Congress and the American people just donít get it.
>> There economy is being ripped out from underneath them.
>> Their entire society is being destroyed and no one seems
>> to care. The answer is protective tariffs and quotas and a
>> reversal of our national policy of free trade and globalization."
>> http://www.theinternationalforecaste....php?Offset=13
>>
>>
>> DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!!
>> THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN.
>>

>
>




--
Yeh, I'm a Krusty old Geezer, putting up with my 'smartass' is the price
you pay..DEAL with it!
  Reply With Quote
Old 01-24-2006, 09:01   #7 (permalink)
karinhall
Guest
 
Posts: n/a
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...

Boy, what a place to host the Super Bowl?? LOL

"pushdamagicbuttondude" <wheezers555@verizonsucksass.com> wrote in message news:ebb88$43d5bebc$d1cc7b72$7422@snip.allthenewsgroups.com...

> July 23 2005:
>
> "More than a month ago, GM informed us that they would be
> eliminating another 25,000 additional hourly production worker
> jobs, accompanied by the closure of an unspecified number
> of production facilities, probably seven. Unless there is aid from
> Congress, which developed for Chrysler in the 1980s, we will
> witness the disappearance of one of the most powerful
> corporations of the 20th century. If GM goes under we will lose
> a priceless, technologically advanced machine-tool capability.
> The termination of 25% of operating capacity will terminate
> the incomes of some 500,000 individuals and suppliers of one
> form or another, a tribute to free trade and globalization.
> GM is disassembling its operations in the US and globalizing them.
> Already 45% of GMís North American production
> capacity Ė some 15 plants Ė is unused or produces models that
> generate little or no profit. That means more closings are on the way.
> Then there is the pension plan that is underfunded by $45 billion
> and effects 1.2 million pensioners and $270 billion in junk
> bonds, which could eventually destroy the derivatives market.
> The carnage at GM has only just begun and will be followed by Ford.
> Not a pretty picture, but reality as we see it today and in the future.
> As long as corporate America offshores and outsources, the American
> economy will continue to collapse."
> http://www.theinternationalforecaste....php?Offset=18
>
> September 03, 2005:
>
> "Detroit and Michigan is a zone of the living dead. Detroit represents
> the deliberately arranged decline of American manufacturing.
> The dangerous path of offshoring and outsourcing will lead not
> only to the destruction of the US economic base, but it will take
> down the rest of the world with it. During the past 55 years
> Detroit's population has fallen from 1.8 million to 900,000 in
> round figures. That is extraordinary deindustrialization. Ford's
> River Rouge plant once employed 100,000. Today, it is 6,000.
> Since 1970, it has lost 75% of its manufacturing and jobs.
> Whole areas of the city have been leveled. We see the same
> happening to a lesser degree in Buffalo, NY; Chicago;
> Cleveland; Philadelphia and Pittsburgh and generally throughout
> Indiana, Ohio, Quebec and Ontario in Canada.
> Today the median household Detroit income is one-third lower
> than it was 30-years ago. About 50% of homeowners pay 40%
> or more of their income on the mortgage on their homes.
> Thirty percent of housing stock is in worse condition than normal
> and still takes 40% to 50% of income to either finance or pay rent
> on. The sad story goes on and we do not see it getting any better
> thanks to free trade and globalization."
> http://www.theinternationalforecaste....php?Offset=17
>
> "Delphi, the nationís largest auto supplier, is bankrupt.
> Production and 35,000 high paying American jobs are
> being moved to China. 12,000 retirees will receive
> one-third of their pensions from the PBGC, which is
> from us, the American taxpayer. You can thank
> General Motors for a failure that was planned 25 years ago.
> Delphi wants to cut the wages of 35,000 workers by
> two-thirds, or to $10.00 an hour to compete with China.
> Delphi employs 185,000 workers worldwide.
> *****
> GMís future liabilities will increase by $11 billion and in three
> years or less GM will file bankruptcy and their business
> will be sold off in segments to vulture investors.
>
> (...re-read that again till it sinks in)
> *****
> In order to try to avoid bankruptcy Delphi wanted workers
> to take wages of $10 to $12 an hour instead of $26 to $30
> that they make today. Delphi will also stop paying 4,000
> workers who no longer have jobs to do. At the same time
> the company management increased the severance packages
> of its top 21 executives. Once again, corporate America
> cannot help itself. They are consumed with greed. We see a
> disgusting spectacle of the people at the top taking care
> of themselves and at the same time demanding extraordinary
> sacrifices from their hourly workers. Delphi was the 63rd
> largest US company with annual revenues of $28.62 billion.
> Our Congress and the American people just donít get it.
> There economy is being ripped out from underneath them.
> Their entire society is being destroyed and no one seems
> to care. The answer is protective tariffs and quotas and a
> reversal of our national policy of free trade and globalization."
> http://www.theinternationalforecaste....php?Offset=13
>
>
> DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!!
> THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN.
>
  Reply With Quote
Old 01-24-2006, 12:01   #8 (permalink)
CL (dnoyeB) Gilbert
Guest
 
Posts: n/a
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...

Backyard Mechanic wrote:
> Victims v 'The Powerful'
>
> How classic!
>
> As a former GM worker, who escaped from dronesville, I'm of two minds on
> this.
>
> 1. That managers of a company that's losing out in the marketplace,
> receive 'bonuses', is indeed an abomination of free market forces.
> - Somewhere there is an antidote to this, but it lies along the path of
> long-term investment... not statutory law or some sort of ethics
> investigation. If there's to be ANY governmental action resulting in a
> damping effect, it SHOULD be the elimination of stock-flipping. Which
> would greatly reduce selling short and remove the attention from the
> quarterly and/or monthly bottom line. Our greatest enemy here, is the
> MBA.
>


Its a cultural problem. Its not the same in Europe. Their management
received about 30 times average wage during the time when US management
received 300.

I agree stock is a problem. management holding stock is supposed to
make them care about the company. Unfortunately since they can sell it,
they only care about the short term health, and sacrifice the long term.
And when folks claim the 'share holders' demand XYZ, typically those
same shareholders are management.

Perhaps mutual funds is a good way to fight this. The current board
makeups of companies is a joke.

> 2. The propensity of unions, particularly on the local level, to curry
> votes and favor of the unproductive slackers and drug-dealers in their
> orgs is not only jingoist but results in the actions we now see.
> - That union-members should have some pride in their product, despite a
> temporary movement in that direction with Ford/UAW, cant be denied. The
> fact is, however, it simply didnt take... and that was because both lower
> management and ALL Union management saw it as a 'prop' which could be
> discarded at the earliest possible moment.
>


I completely disagree with this. The majority of union workers are not
as you characterize. Regardless, if they did not have a union,
management would trounce them. With the help of the government they are
doing it anyway these days. Managements huge bonuses is demoralizing
and I think it affects quality as well as production costs.

Management is so clearly are the most underperforming part of these
companies. But they get rewarded. The system can't hold.

> Ask your local autoworker how those 'Quality Circles' are doing.
>
> The fall-back, of course, is to rely on protectionism... Americans have
> been indoctrinated to the point where they see only that they cant
> compete.. that is not true. It's only true that Americans cant compete
> doing things the old way; IOW, if you dont change, you die*.
>


protectionism doesent even work. it will favor one industry but hurt
another. There is import export balance. If we export more cars, some
other export of ours will suffer. So we actually compete with ourselves
too. This though is buffered by the asians buying our debt.

I agree, there needs to be change. Lets try changing on the top this time.

> And yes, in a way... we ARE still laughing at the Japanese economy..
> rather we are laughing at those doom-sayers who cried 'wolf' at the idea
> of the Japanese 'Buying America' in the late eighties.
>
> When you LOOK at WHERE the Japanese 'bought up' you see a striking
> difference compared to where they didnt buy.
>
> They bought in the US and Canada, they bought in the UK. Guess which
> economies are relatively stable, throughout! At a large -SHORT TERM (and
> a decade IS short term)- cost to the Japanese, BTW! *They chose change
> over corporate socialism, rather than dying.
>


I agree. Japanese management does not sell stock then switch companies.
They tend to stay with the same company forever. Their CEO and uper
management tend to be PhDs that climbed the ranks in the company whereas
the US tend to be relatives / friends of others above them...

When I have given presentations to Japanese comapnies their management
fully comprehends every technical aspect for the most part. The US
presentations have to contain minimal technical info and majority $$$
savings info. Its just different.


> Taking the short-term view is always tempting, but it's the isolated
> indidvidual who profits.. not the rest of us... taking the long term view
> almost always rewards the rest of us.
>
> And THAT is the way i look at China.. no matter WHAT you MIGHT think, no
> matter WHAT the Beijing talking heads spout... the real fact is that Red
> Army Inc has become "China Inc."
>
> Their economic base is built on the dollar; Beijing blustering and saying
> they might switch to the Euro, which is freaking artificially propped...
> just as is their own currency, would not be in their interest.
>


Nope. In fact China is managing the value of the Dollar as much as they
are managing the value of their own currency. They used to be pegged
and I fail to see why folks cried for them to unpegg it.




--
Thank you,


CL Gilbert
"Then said I, Wisdom [is] better than strength: nevertheless the poor
man's wisdom [is] despised, and his words are not heard." Ecclesiastes 9:16
  Reply With Quote
Old 01-24-2006, 19:01   #9 (permalink)
Bob Palmer
Guest
 
Posts: n/a
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...

The US isn't it's own country anymore. No one seems to know the effects of
the national debt of trillions of dollars. It is foreign banks and foreign
countries that hold our debt and dictate our policies and our foreign trade
balance. Our President is not much more than a puppet. We will stumble along
so long as we can borrow more money. Half of the collected income taxes are
used to pay the interest on the national debt. Taxpayers hard earned money
shipped out of the country. Enjoy while you can.
"CL (dnoyeB) Gilbert" <Fake@ThisOneIsFake.com> wrote in message
news:5b6dnQ5Ijr14rEvenZ2dnUVZ_sWdnZ2d@comcast.com...
> The effects that would naturally occur from excessive offshoring would be
> the people couldnt import anymore since nobody could buy. However, China,
> Japan hava intelligently hid this effect by purching the bulk of US debt.
>
> Are we still laughing at the Japanese Economy?
>
> The Insurance premium excuse is tired. Henry Ford build a hospital for
> cryin out loud. Its one of the biggest groups of hospitals in this area.
> How could he see this and these Million dollar bonus bozos not? Plus if
> you have so many employees and 3 big ass companies why cant you negotiate
> fair rates?
>
> The Rich flogg the working class and the world, and blame it on the
> poor/defenceless. Whats new?
>
> CL
>
>
>
>
> pushdamagicbuttondude wrote:
>> July 23 2005:
>>
>> "More than a month ago, GM informed us that they would be
>> eliminating another 25,000 additional hourly production worker
>> jobs, accompanied by the closure of an unspecified number
>> of production facilities, probably seven. Unless there is aid from
>> Congress, which developed for Chrysler in the 1980s, we will
>> witness the disappearance of one of the most powerful
>> corporations of the 20th century. If GM goes under we will lose
>> a priceless, technologically advanced machine-tool capability.
>> The termination of 25% of operating capacity will terminate
>> the incomes of some 500,000 individuals and suppliers of one
>> form or another, a tribute to free trade and globalization.
>> GM is disassembling its operations in the US and globalizing them.
>> Already 45% of GMís North American production
>> capacity Ė some 15 plants Ė is unused or produces models that
>> generate little or no profit. That means more closings are on the way.
>> Then there is the pension plan that is underfunded by $45 billion
>> and effects 1.2 million pensioners and $270 billion in junk
>> bonds, which could eventually destroy the derivatives market.
>> The carnage at GM has only just begun and will be followed by Ford.
>> Not a pretty picture, but reality as we see it today and in the future.
>> As long as corporate America offshores and outsources, the American
>> economy will continue to collapse."
>> http://www.theinternationalforecaste....php?Offset=18
>>
>> September 03, 2005:
>>
>> "Detroit and Michigan is a zone of the living dead. Detroit represents
>> the deliberately arranged decline of American manufacturing.
>> The dangerous path of offshoring and outsourcing will lead not
>> only to the destruction of the US economic base, but it will take
>> down the rest of the world with it. During the past 55 years
>> Detroit's population has fallen from 1.8 million to 900,000 in
>> round figures. That is extraordinary deindustrialization. Ford's
>> River Rouge plant once employed 100,000. Today, it is 6,000.
>> Since 1970, it has lost 75% of its manufacturing and jobs.
>> Whole areas of the city have been leveled. We see the same
>> happening to a lesser degree in Buffalo, NY; Chicago;
>> Cleveland; Philadelphia and Pittsburgh and generally throughout
>> Indiana, Ohio, Quebec and Ontario in Canada.
>> Today the median household Detroit income is one-third lower
>> than it was 30-years ago. About 50% of homeowners pay 40%
>> or more of their income on the mortgage on their homes.
>> Thirty percent of housing stock is in worse condition than normal
>> and still takes 40% to 50% of income to either finance or pay rent
>> on. The sad story goes on and we do not see it getting any better
>> thanks to free trade and globalization."
>> http://www.theinternationalforecaste....php?Offset=17
>>
>> "Delphi, the nationís largest auto supplier, is bankrupt.
>> Production and 35,000 high paying American jobs are
>> being moved to China. 12,000 retirees will receive
>> one-third of their pensions from the PBGC, which is
>> from us, the American taxpayer. You can thank
>> General Motors for a failure that was planned 25 years ago.
>> Delphi wants to cut the wages of 35,000 workers by
>> two-thirds, or to $10.00 an hour to compete with China.
>> Delphi employs 185,000 workers worldwide.
>> *****
>> GMís future liabilities will increase by $11 billion and in three
>> years or less GM will file bankruptcy and their business
>> will be sold off in segments to vulture investors.
>>
>> (...re-read that again till it sinks in)
>> *****
>> In order to try to avoid bankruptcy Delphi wanted workers
>> to take wages of $10 to $12 an hour instead of $26 to $30
>> that they make today. Delphi will also stop paying 4,000
>> workers who no longer have jobs to do. At the same time
>> the company management increased the severance packages
>> of its top 21 executives. Once again, corporate America
>> cannot help itself. They are consumed with greed. We see a
>> disgusting spectacle of the people at the top taking care
>> of themselves and at the same time demanding extraordinary
>> sacrifices from their hourly workers. Delphi was the 63rd
>> largest US company with annual revenues of $28.62 billion.
>> Our Congress and the American people just donít get it.
>> There economy is being ripped out from underneath them.
>> Their entire society is being destroyed and no one seems
>> to care. The answer is protective tariffs and quotas and a
>> reversal of our national policy of free trade and globalization."
>> http://www.theinternationalforecaste....php?Offset=13
>>
>>
>> DUMP BUSH AND THE GOP CORPORATE NEOCONS NOW !!!
>> THEY ARE DESTROYING AMERICA FROM WITHOUT AND WITHIN.
>>

>
>
> --
> Thank you,
>
>
> CL Gilbert
> "Then said I, Wisdom [is] better than strength: nevertheless the poor
> man's wisdom [is] despised, and his words are not heard." Ecclesiastes
> 9:16



  Reply With Quote
Old 01-25-2006, 03:01   #10 (permalink)
Huw
Guest
 
Posts: n/a
Re: Ford GM Delphi layoffs were planned in July 05 and earlier...

xblazinlv wrote:
> I wouldn't worry at all about Delphi....I'm sure it will all work out
>
>


Not one motor manufacturer can really do without Delphi, so you are likely
correct.
It may be restructured and bits sold off though.
Huw


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