Comments on: Shorter Mitt: Let the Auto Retirees Starve!!!

By: Pat9

Pat9 — Thu, 20 Nov 2008 04:52:07 +0000

Sunshine, that is funny and a coincidence. I said the same thing a few
days ago. Both industries have depended on each other and thru the years
both have profited. I think it’s a rather smart idea.

What was Exxon’s profit again?

By: sunshine

sunshine — Thu, 20 Nov 2008 04:02:03 +0000

Here’s a thought, since the oil co’s made so many billions these past few years, how about they give the auto co’s a loan?

I know, at least I had a good laugh thinking about it.

By: sunshine

sunshine — Thu, 20 Nov 2008 03:45:18 +0000

Lets hope. Dingell has been in there for decades and look where we are.

By: sunshine

sunshine — Thu, 20 Nov 2008 03:43:00 +0000

Just think how much money GM would have if they hadn’t been paying out all that dividend money. They should have quit that much earlier than they did. I am so angry when I hear how important stock holders are. They get more importance than the workers and retirees that worked in that company for 3 decades or more. The way corporations are managed is so screwed up. Freaking f’d up!

By: sunshine

sunshine — Thu, 20 Nov 2008 03:30:03 +0000

emptywheel,
About Romney, guess we need to find out how well he pays his employees, do they recieve benefits? Or did he too take to large a paycheck and too many bonuses on the backs of his employees.

I mentioned a week or so ago that GM put in the contracts of their workers that took the buyouts that they would not be able to get the PBGC benefits. Do you know whether that is legal for a corporation to put in a contract that an American worker/retiree cannot get Gov benefits? How does GM get the legal power to say whether or not a retiree should or should not get government benefits such as the PBGC benefits? If GM throws out the retirement contracts would that part would be void also?

By: cinnamonape

cinnamonape — Thu, 20 Nov 2008 01:07:19 +0000

I wonder if the Repugs even think any more about their viability as a political party. Just who do they think vote for them anymore? They’ve already driven away the folks who were realtors, equity lenders, developers, contractors, those who were once seeing their home vaues climb skyward (along with property taxes),those who thought that real estate was the great Republican boomtime. All that went “poof”.

Now they are gonna make the guys workin’ down at the U.S. made auto repair shop, the guys who run and work at Kragens, the car dealers and their employees, the NASCAR fans that suddenly find the sponsors going bankrupt or dropping out, causing ticket prices to shoot ever upward, the folks who broadcast these races on the boob tube…Yep! FAUX Sports and ESPN…the folks who run the tracks (and their tens of thousands of employees) down in Daytona and other places in the South and in Appalachia and in Red States and Counties.

Maybe they’ll bring in the KIA Grand Prix? Or the Kijang 500?

By: danfromny

danfromny — Wed, 19 Nov 2008 23:38:31 +0000

Half the brokers on my train back to Long Island every night make more than the CEOs of the car companies. Brokers, not even managers.

By: punaise

punaise — Wed, 19 Nov 2008 21:27:31 +0000

thanks – actually things have improved of late, so we should be OK (not thriving).

By: californiarealitycheck

californiarealitycheck — Wed, 19 Nov 2008 21:13:55 +0000

no, you are screwed thanks to the thugs. good luck to you. hope you make it. if i were you i’d plan for the worst.

By: bmaz

bmaz — Wed, 19 Nov 2008 21:10:27 +0000

Glad to see you back and hanging around commenting. Welcome!