Ferrari Mailing List: Re: More

(continued)

Jim suggested <<Get the UAW to accede to MAJOR wage/benefit concessions at 

all

    of the big 3 - this includes some of the retiree pensions as well.>>

OK, IMHO, this would never happen.  As payback for delivering the large 

block of union votes to the obama bandwagon the union leadership ended up 

with a lot of cash to fund union mandates

Here's a telling quote I found -  "While Detroit's big three automakers 

grovel for a tax-funded bailout, 14 U.S-based, international automakers 

announced last year's additional investments of $39.3 billion in 69 

facilities that employ 92,700 people with an annual payroll of $6.3 billion.

Why are the U.S.-based international automakers *expanding*, while Detroit's 

big three are grasping for a life-saving handout? The answer, of course, is 

labor *unions*; only two facilities of the U.S.-based international 

automakers are unionized, one in California, the other in Illinois. All the 

others are union-free and are doing quite well.

The big three domestic automakers have already been granted $25 billion to 

retool. Now, they want another $50 billion, half of which is needed to fund 

union-mandated benefits."

IMO unions were a good thing in the teens and 20s of the last century when 

the industrial revolution was really rolling along.   Child labor, very long 

work weeks (for hourly workers - mgmnt has always worked unGodly hours) ;-p 

and other problems gave unions a reason for being.   However, once these 

critical changes were made, the unions had to demand more & more regardless 

of the need in order to justify their own existence.

So far I haven't heard about any large unions making any concessions - at a 

time when GM is struggling to stay out of bankruptcy the unions should be 

sharing the pain.

***But most of all - the US Taxpayer should NOT be expected to pay for union 

mandated needs!!  ***

.  https://www.nrahq.org/nrabonus/accept-membership.asp
Free 1 year NRA membership to anyone interested!

----- Original Message ----- 

From: <clyderomero [at] worldnet.att.net>

To: "Larry Turner" <l02turner [at] comcast.net>
Cc: <ferrari [at] ferrarilist.com>
Sent: Wednesday, May 27, 2009 6:52 AM
Subject: Re: [Ferrari] More

No its 50 Miles to qual
Sent via BlackBerry by AT&T

-----Original Message-----
From: Jim Conforti <lndshrk [at] xmission.com>

Date: Tue, 26 May 2009 21:26:30
To: clyde<clyderomero [at] worldnet.att.net>
Cc: <ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] More

At 08:36 PM 5/26/2009, you wrote:

I am just a simple engineer...  I am still busy stacking whatever
singles I can find and trying to extrapolate how high they would stand
if I had a billion of them...

 Well, according to my micrometer - and concurrence of the US BEP
 fresh US currency is 0.11mm thick.  A lot of people (even on this
 list) have never seen $100k in cash - never mind a million - so
 the concept of a BILLION is generally "just a number" to (too) many.

 0.11mm * 1E9/(1.61 * 1E6) = 68+ miles

 Technically, if you CLIMBED that 68+ mile high stack of money you
 would in fact qualify as an ASTRONAUT since the boundary is around
 62 miles.

 As to Chrysler - there was only ONE viable solution that would
 result in it's continued existance.

 Allow Chrysler to cast off it's union contracts and cut it's labor
 costs drastically.

 It was never going to happen.

 The UAW is simply too greedy.

 While we can argue as to the minutiae of what the "average" UAW worker
 makes - they make about DOUBLE what they should.  When you have forklift
 operators making over $100k/annum - something is WRONG.

 A "smart bail out" would have done the following.

 1) Get the UAW to accede to MAJOR wage/benefit concessions at all
    of the big 3 - this includes some of the retiree pensions as well.

 2) Use federal dollars to buy down any debts (mortgages/etc) of

    the workers/retirees so affected - to leave them in a relatively 

similar

    place post wage-decrease.  I would also go so far as to say that we
    (the taxpayer) should pick of the tab for the college education of the
    children of any worker so affected.

 3) Bridge loans to get at least 2 of the big 3 thru this.

 4) There is no 4 - we don't need Government Motors.

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Re: More	<– Date –> <– Thread –>
From: LarryT (l02turnercomcast.net)
Date: Wed, 27 May 2009 04:41:32 -0700 (PDT)