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Message

re: Ford CEO, “We’re not paying people $300,000 to work four days a week.”

Posted on 9/17/23 at 11:49 am to
Posted by 4cubbies
Member since Sep 2008
61407 posts
Posted on 9/17/23 at 11:49 am to
Poor thing doesn’t understand what emotional means. Bless your heart.


Keep crying about pensions that don’t exist not being funded. That’s way more logical and totally not emotional. At all.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 9/17/23 at 11:51 am to
quote:

But the issues confronting unions back then (when unions became a thing) bear no resemblence to the issues of today.



Yes and No.
Businesses today as many have said in here don't have the workers best interest in mind. I don't see why the workers can't organize and push back against the demands of the business for their best interest. Just seems down right american.

They're fighting for wages, retirement, and working hours which is very much in line with what unions have always fought for. They're asking for raises in line with the executive pay raises. The history of labor in this country would indicate we have a strong need for unions and the states who fought against worker rights have long history of being taken advantage of by companies.
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 9/17/23 at 11:51 am to
God damn, you are dumber than a dump truck.
Posted by Herooftheday
Member since Feb 2021
3830 posts
Posted on 9/17/23 at 11:53 am to
quote:

If you want your job back, you can come work here open-shop style like everybody else..."


And then it's open season on paychecks. Employers grow, employees stagnate. Is that how we get manufacturing back? Let the company hold all the say so in wages and just be thankful to be used up for 40 years? If you're good with it I'm good with it. Hell, let's compete directly with the Chinese worker paychecks and get ALL the world's manufacturing. And smack any employee who raises their head
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 9/17/23 at 11:54 am to
quote:


How many 401k plans have died/GM stock in them. Corporations are in business to make money, not support the workers. The good companies do both


depends on their investment horizon but GM has been pretty flat the longer you look at it. plus there is a dividend involved. that assumes you never sold at high points and didn't accumulate low....basically if you didn't make any money buying GE in your 401k or IRA that's on your fund/yourself.

and then there is ford.....all time right now on google is showing stockprice appreciation of 400% with a dividend paid as well.... almost a 5% dividend at that.....
This post was edited on 9/17/23 at 11:58 am
Posted by Herooftheday
Member since Feb 2021
3830 posts
Posted on 9/17/23 at 11:56 am to
quote:

God damn, you are dumber than a dump truck.


Whatever y'all were arguing about, that comment conceded the win.
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 9/17/23 at 12:00 pm to
quote:

Whatever y'all were arguing about, that comment conceded the win.



As I said to you on page 5. Read it again.
Posted by teke184
Zachary, LA
Member since Jan 2007
104043 posts
Posted on 9/17/23 at 12:02 pm to
quote:

Poor thing doesn’t understand what emotional means. Bless your heart.

Keep crying about pensions that don’t exist not being funded. That’s way more logical and totally not emotional. At all.


I guess you missed the comment before that which prompted his retort.

Calling someone stupid as an attack is losing the argument.

Pointing out the obvious? Less so. Because the person he was responding to is either a troll or incredibly stupid.
Posted by 4cubbies
Member since Sep 2008
61407 posts
Posted on 9/17/23 at 12:08 pm to
Yet you follow me around the board to engage with me. And who are you again? You joined in 2021. I haven’t really been posting since way before that. So you shouldn’t know who 4cubbies is, yet you can’t help but post insults to me. It’s baffling. I’ve never seen someone this emotionally invested in a screen name before.
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 9/17/23 at 12:13 pm to
. My word. I can't even.
This post was edited on 9/17/23 at 12:14 pm
Posted by highcotton2
Alabama
Member since Feb 2010
10525 posts
Posted on 9/17/23 at 12:30 pm to
quote:

But UAW president Fain argued that the auto companies can afford to avoid such temporary layoffs. “With their record profits, they don't have to lay off a single employee. In fact, they could double every autoworker's pay, not raise car prices, and still rake in billions of dollars,” he said in a statement on Saturday.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 9/17/23 at 12:34 pm to
We need to stop feeling bad for companies making billions of dollars. This too big to fail situation where we socialize losses and privatize gains is straight madness....
Posted by Taxing Authority
Houston
Member since Feb 2010
63343 posts
Posted on 9/17/23 at 4:21 pm to
quote:

Works out to $156/yr per employee. Or about $0.08/hr on a 40 hour workweek
quote:

Wouldn’t it make more sense to invest half of that to pay out future pensions?
at $78/yr? Its about $4,400 over 20 years @10%. Nobody is retiring on that.
Posted by Taxing Authority
Houston
Member since Feb 2010
63343 posts
Posted on 9/17/23 at 4:24 pm to
quote:

You act like you are personally responsible for funding these pensions.

Anyone that buys a car is responsible for it. GM spends more on each car for pensions, retirement, and medical than materials for the car.
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 9/17/23 at 4:50 pm to
quote:

GM spends more on each car for pensions, retirement, and medical than materials for the car.


Where did you get this? Do you have a link? I want to read how it all breaks down. Thanks
Posted by 4cubbies
Member since Sep 2008
61407 posts
Posted on 9/17/23 at 4:53 pm to
quote:

Anyone that buys a car is responsible for it.


That’s how our economy operates. This isn’t exclusive to the auto industry.
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
9172 posts
Posted on 9/17/23 at 4:58 pm to
quote:

They need to receive the same treatment that Reagan gave the Air Traffic Controllers when they went on strike in '81.
eh. In fairness, it was (maybe still is?) illegal for FAA ATC to strike. They were all breaking federal law.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41061 posts
Posted on 9/17/23 at 5:24 pm to
quote:

Who in the hell would afford the markup for new vehicles to account for the added overhead?


Meh. Nothing a 10 year note cant handle!!
This post was edited on 9/17/23 at 5:25 pm
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
90618 posts
Posted on 9/17/23 at 5:27 pm to
10 years for a car that's where this shite will drive a purchase of a shite box
Posted by Flats
Member since Jul 2019
28152 posts
Posted on 9/17/23 at 5:27 pm to
quote:

Businesses today as many have said in here don't have the workers best interest in mind.


Nor do the workers have the interests of the company in mind. This isn't new.
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