We need more of this

[URL]http://www.freep.com/story/money/cars/general-motors/2015/02/04/gm-profit-sharing-uaw/22844373/[/URL]

And less of this...

12 and 14 dollars an hour, not so much..

[QUOTE=Hlleonard;543114][URL]http://www.freep.com/story/money/cars/general-motors/2015/02/04/gm-profit-sharing-uaw/22844373/[/URL]

And less of this...

12 and 14 dollars an hour, not so much..[/QUOTE]

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.

[url]http://www.forbes.com/sites/joannmuller/2013/12/09/taxpayers-dont-have-government-motors-to-kick-around-any-more/[/url]


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

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?

[QUOTE=GonFishn;543118]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?[/QUOTE]
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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...

[QUOTE=Hlleonard;543119]--
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...[/QUOTE] well stated my friend, and anyone that can't see this, must have those right to work blinders on.