Showing posts with label Automakers. Show all posts
Showing posts with label Automakers. Show all posts

Wednesday, May 20, 2009

Quickie: Ensuring the automakers remain on their deathbeds III.

It’s nice to see the Obama Administration has its priorities straight.


As long as the environment is safe, that’s the only thing that matters.


Tuesday, May 19, 2009

Quickie: Ensuring the automakers remain on their deathbeds...Part Deux

I hope you all enjoy this backdoor tax that President Obama just enacted. This extra $1,300 per car will make it more and more likely that these cars will never be purchased.


I do love the rationale given by the administration…


Quoting the AP article, “Administration officials said consumers were going to pay an extra $700, anyway, for mileage standards that had already been approved”.


Ah yes, so what’s an extra $600 to the average, struggling American?


Do any of you still need reasons to keep the government out of business affairs?


Monday, May 18, 2009

Quickie: Ensuring the automakers remain on their deathbeds.

With the American auto industry already having one foot securely in the grave, this move by the Obama administration may very well ensure that the second one will follow right behind.


I know the headlines are touting the new fuel efficiency standards that this plan will usher in, however, the real story is the CAFÉ standards being strengthened, ensuring more and more unpopular cars will be made in UAW controlled factories.


Would someone please explain to me how forcing auto companies to make more cars that nobody wants to buy will somehow turn around the fortunes of said companies?


Monday, March 9, 2009

Quickie: Well done Ford!

You know, I have been pretty impressed with Ford over the past few months. First, they turn down stimulus and bailout money when Chrysler and General Motors are pleading for more. Second, they have now experienced four consecutive quarters of market share growth.


Now, this.


Maybe there is hope for the American car industry after all.

Tuesday, February 17, 2009

What a shock!

I thought all they needed was the $25 billion they requested in November.


This is the last time, right?


Well NOW it’s the last time… until the next time, that is.

Monday, December 15, 2008

Thank You UAW!

As you all know by now, the auto bailout package, weighing in at a whopping $14 billion, failed to survive a Senate procedural vote on Thursday night.


Shortly afterwards, the blame game started.


Democrats pointed the finger at Republicans using phrases like “un-American” and “an unbelievable stab at workers around the country” to describe the actions of Republican Senators that stopped this legislation from passing.


In turn, the Republicans pointed the finger at the United Auto Workers (UAW) as the real culprits in this story. The Republican senators stated that it was the UAW’s refusal to accept immediate wage reductions that actually killed the bailout package.


In fact, Sen. Bob Corker of Tennessee, the GOP's point man in the negotiations said "We were about three words away from a deal," referring to any date in 2009 on which the UAW would accept wage cuts.


After reading these accounts, I only have three words to say…


Thank You UAW!!!


While their incredibly selfish and shortsighted decision to refuse lower wages may (and I say “may” because I have little to no faith that the bailout would have actually worked) ultimately cost them and many of their fellow coworkers their jobs, it nonetheless, proved to be the death knell in another piece of misguided legislation.


Way to go UAW! Keep sticking it to the fat cats in management!


So, I know what some of you are thinking. ”What did they actually object to?”


Well, I’m glad you asked.


Senate Republicans asked the UAW to bring total wages (including benefits and pension plans) down to levels that mirrored what Japanese automakers pay their employees at American plants.


Currently, UAW and Toyota workers make nearly identical hourly wages ($29.78 per hour for UAW workers vs. $30 per hour for Toyota workers). However, and here’s where the lunacy begins, when figuring in benefit and pension packages, Toyota states that their costs are about $48 per worker per hour.


UAW’s?


$69.


That’s right, $69 per worker per hour.


And some people wonder why the automakers are running out of money.


So in other words…


All American citizens are expected to suck it up and make sacrifices as their tax dollars save these companies, all governmental agencies must stop certain programs due to slashes in funding in order to pay for this bailout, CEOs of the Big 3 agree to work for nothing to make sure this plan gets past, yet these UAW workers can’t sacrifice a little of their obnoxiously decadent benefit plans to ensure this plan passes?


The gall of these workers is, literally, indescribable and indefensible.


Yet, I’m quite happy that they took this stance as it, momentarily, will save taxpayers billions and billions of dollars.


I say “momentarily” as President Bush, appearing hell bent on providing the Big 3 with taxpayer money, is considering raiding the coffers of the $700 billion financial bailout package.


I have a question for President Bush, and I say this with the utmost respect because I really do like him…


What the hell are you thinking?


First, has he abandoned all of his so-called Conservative ideals when dealing with economic and domestic issues?


It appears that way as he supports rampant governmental spending, this auto bailout, the financial bailout, Illegal alien amnesty (which I actually agree with him on) and environmental actions designed to stop global warming.


My God man, you’ve got like five weeks left. Can’t you just hang on for a little longer, rather than capitulating to the Left? Are you that tired from fighting these people for the past eight years that you’ve got nothing left in the tank?


Secondly, he’s been all over the map on this package. First he was against it, now he’s for it. I actually think he went back and forth a few times in between that as well.


And this is the guy that criticized John Kerry for flip-flopping?


I do give the Senate Republicans credit, as they, for once, stuck to actual conservative ideals in killing this plan.


I know that Congressional Democrats are going to attempt to paint them as the boogieman in this situation and try to convince voters that they turned their back on the working man.


I do think that this will backfire, as people are smart enough to realize that it was not the Senate Republicans that turned their backs on the working man, rather it was the working man that turned its back on itself in this situation.


That’s all for now folks. Until next time, take care and be well.


-John

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