Seriously sealy, the absolute best thing for Detroit and the Big three IMHO that coould ever happen would be for them to go Chapter 11. While some in the UAW would likely have a fit over this, what would you rather have? 100% of the people working at 85% of the wage or 50% of the people working at 100% of the wage? The bottom line is that it's not the UAW's fault totally for all this, in the end it's the companies for entering into these agreements year after year with them. In short, it's rather two faced for a company to complain about high labor cost due to Unions when they are the ones approving the wage benefits. However, if the Unions really want to survive all this , then it's not very realistic to keep the view that companies like Toyota and Honda and others are unfair when GM, Ford, and Chrysler do the very same things they do. If I were a Union member and my pension was on the line, I would rather have the government take it over in Chapter 11, and give the company some breathing room in order to secure my job.
They're already buying people out and getting leaner. The new hires aren't getting the same deals as the old timers got.
No, pay my dad his benefits that he was promised.
Or, go take half the CEO's $10 million he made last year away from him. Take $5 million from that one guy.
Why not? Why you gonna take from my dad but not the CEO?
And the Big three could be profitable with better leadership/management.
Are they making a car people want? Are they making a car that's better than Toyota/Honda? Then fire their asses!!!!!
They are not guaranteed a job either you know.
Your argument about 100% at 85% or 50% at whatever is crap! That's what they've been arguing for 8 years now. It is not necessary to lay off all these people. It is not a must that we send jobs overseas. It is only NECESSARY because they say it is.
Pay the old timers what they were promised, do not go bankrupt, do not put that on tax payers.
I can not believe people like you sat by and watched corporations all across America for 8 years renig on their pensions. And you let people like Ken Lay walk with millions. Suckers.
And if new Ford employees can only make $15hr, then good luck America. Good luck economy. That may be ok in the dirty south, but not up north.
I say we kick Toyota and Honda out of our country and end any tax breaks for companies doing business overseas. We'll give you tax breaks for employing Americans, at decent wages.
I think there is so much they aren't telling us or that we haven't figured out yet. Half of what you guys are saying makes sense but half of it is bullshit "the man" is telling us.
Free trade that is unfair doesn't have the be. We can fix it. Yes We Can!