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  1. #1
    Join Date
    Nov 2008
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    Carlisle
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    We need more of this

    http://www.freep.com/story/money/car...-uaw/22844373/

    And less of this...

    12 and 14 dollars an hour, not so much..
    Likes waterdog101 liked this post

  2. #2
    Join Date
    Dec 1969
    Location
    New Albany, Indiana.
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    Quote Originally Posted by Hlleonard View Post
    http://www.freep.com/story/money/car...-uaw/22844373/

    And less of this...

    12 and 14 dollars an hour, not so much..
    I call total Bull Crap..........Gubment Motors first and foremost needs to pay back the tax payers. The way I look at it, they are still not profitable.

    Obammy and his dirt bag sum bitch friends wrote off 11 BILLION of AMERICAN dollars because GM was unable to pay it back.

    http://www.forbes.com/sites/joannmul...ound-any-more/


    How the HELL can they pay 9,000 / person to their union brethren and not pay back Joe Taxpayer.
    Likes riverrat12 liked this post

  3. #3
    Join Date
    Dec 1969
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    .
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    Bull Pucky

    Seeing as to how their pension funds are sorely under funded, both domestically and internationally, it's ludicrous that they're paying bonuses. In fact, GMC is in violation of the Federal law as it relates to pension under the Employee Retirement Income Security Act (ERISA), due largely to the fact that they're not being held to the flame due to kissing Obama's union buddies. Wonder what they're gonna think when their healthcare all of sudden goes to 80/20?
    Likes riverrat12, GeoFisher liked this post

  4. #4
    Join Date
    Nov 2008
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    Carlisle
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    Quote Originally Posted by GonFishn View Post
    Seeing as to how their pension funds are sorely under funded, both domestically and internationally, it's ludicrous that they're paying bonuses. In fact, GMC is in violation of the Federal law as it relates to pension under the Employee Retirement Income Security Act (ERISA), due largely to the fact that they're not being held to the flame due to kissing Obama's union buddies. Wonder what they're gonna think when their healthcare all of sudden goes to 80/20?
    --
    Companies pay out what they are under contract to do.... They don't do these kinds of things because they had a good year and decided to "share the wealth"... If they are under no agreement to fix their pension fund, then the money will go to profit, what doesn't go to enhance upper management's already obscene pay...

  5. #5
    Join Date
    Sep 2009
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    Quote Originally Posted by Hlleonard View Post
    --
    Companies pay out what they are under contract to do.... They don't do these kinds of things because they had a good year and decided to "share the wealth"... If they are under no agreement to fix their pension fund, then the money will go to profit, what doesn't go to enhance upper management's already obscene pay...
    well stated my friend, and anyone that can't see this, must have those right to work blinders on.
    Likes Hlleonard liked this post

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