Comments on: GM Posts Record $39B Loss, Offers Buyouts

Horrendous 2007 Prompts New Round Of Buyout Offers For All 74,000 Hourly Employees

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by mcv57 February 12, 2008 7:40 PM EST
People are complaining but no one is feeling enough pain to trade in their SUV and get a Camry...yet.

Posted by easeup

Give it time, smole. The recession will shed a new outlook on life. I see used car lots loading up on suburbans all over. Give it time. Corporation will fall, jobs will disappear, and the SUV will bite the dust.
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by easeup-2009 February 12, 2008 7:38 PM EST
omega feel free to export yourself to one of those socialists meccas.

What are you waiting for?
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by easeup-2009 February 12, 2008 7:36 PM EST
If people are still buying SUV''s that means gas is not that big of an issue for them. I remember back in the 70''s during the OPEC embargo gas went to record levels (more than today in 70''s dollars) and the compact cars took over. People are complaining but no one is feeling enough pain to trade in their SUV and get a Camry...yet.
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by mcv57 February 12, 2008 7:35 PM EST
Really folks, the young generate is really stupid and vane. Let me see, $100.00 x 54 (one year) = $5,400.00. I really don''t feel sorry for the middle-class stupidity.
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by omega39-2009 February 12, 2008 7:34 PM EST
U.S. 11.9%
Canada 21.5% (plus HUGE sales taxes)
Australia 16%
Austria 35.5%
Belgium 40.3%
Denmark 29.6%

You are the perfect shill for ignorant posters.

Posted by easeup

And yet all those tax monies go to help their country and their citizens. Also, no 9 trillion dollars of national debt for them.

Keep being the perfect shill for the haves and have mores.
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by incog-nito February 12, 2008 7:32 PM EST
The real issue is QUALITY. The last time I checked the price of domestics and imports are still roughly equivalent, with U.S. cars actually costing less with all the rebates and incentives. So why does Detroit keep losing market share to the Japanese year after year? Simple: more and more people prefer to buy imports.
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by mcv57 February 12, 2008 7:32 PM EST
Posted by easeup

If you want to spend $100.00 each week on gasoline, be my guess. You go ahead sucker.
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by kevsan1 February 12, 2008 7:31 PM EST
Exactly! SUVs are being made because there''s a huge demand for them. Families love them as they haul their spoiled brats to all the different activities we never had when we were growing up. SUVs make them feel safer carrying their tykes around. Small cars simply don''t. Me, I don''t care for SUVs and drive a 4-cylinder, but practically everyone around me has a bigger car or SUV.
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by mcv57 February 12, 2008 7:29 PM EST
I was told by a mortgage that many of the Americans who are losing their house are young professionals who don''t know how to take care of there money. The yuppies would rather let-go of their house than give-up their cellphone mentality.
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by easeup-2009 February 12, 2008 7:26 PM EST
"No, I''''ve never worked a day in my life....

Just because a person does not have a degree, does not mean his job does not require skill. So, I take exception with the term unskilled.

Besides, what skill does Rick Wagoner or the other executives at GM have? The insight to shed workers to save costs and boost profits? Wow, that takes real business acumen. And they make many, many times what the average auto worker makes."

I KNEW you have never worked a day in your life--if you did you''d know that non-skilled workers making $58k is a joke. Non-skilled is not just without a degree--it means absolutely NO formal training. Electricians, pipe-fitters, masons & toolmakers are all examples of skilled workers without formal degrees.

What skill does Rick Wagoner have? Let''s see, undergrad at Duke, MBA from Harvard....worked his way up in the biggest manufacturer in the world.

I''d say he DESERVES a hell of a lot more than the high school dropout emptying the garbage cans.
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by mcv57 February 12, 2008 7:25 PM EST
Toyota, Honda and GM ALL listen to market forces and the market is still demanding SUV''''s.

Posted by easeup

Must be the same dumb*azz yippies who are losing their house.
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by easeup-2009 February 12, 2008 7:19 PM EST
"easeup: pssst... Toyota and Honda are Japanese companies. They don''''t care about U.S. troops in Iraq."

So? Do you seriously think that less SUV''s on the road will make the Muslims love us & bring all of the troops home? How cute.

Toyota, Honda and GM ALL listen to market forces and the market is still demanding SUV''s.
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by mcv57 February 12, 2008 7:17 PM EST
Posted by incog-nito

That is another good point!
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by mcv57 February 12, 2008 7:16 PM EST
psssst....Toyota & Honda sell SUV''''s & trucks too...a LOT of them.

Posted by easeup

That is not the point, but since you mentioned it. Soon Toyota is going to realize that they fell gullable to greed by attempting to grab SUV market.

As more jobs get canned and the recessions sets in, only the weathly will be able to cruse around these big vehicles. Believe me, this place is going to look like Europe (75% small cars).
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by incog-nito February 12, 2008 7:13 PM EST
easeup: pssst... Toyota and Honda are Japanese companies. They don''t care about U.S. troops in Iraq.
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by easeup-2009 February 12, 2008 7:10 PM EST
"I ask him why is GM so out of touch with reality, . . . SUV, big, big trucks when our troops are in the middle east spilling blood to keep these behemoth, gas guzzers on the road. He did not say a word after that . . . I walked out and left him in a daze."

psssst....Toyota & Honda sell SUV''s & trucks too...a LOT of them.
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by easeup-2009 February 12, 2008 7:06 PM EST
"Oh, and all provide single payer health care systems. You are a perfect shill for the haves and have mores, keep up the good work."

OK let''s look at TAXES, shall we? Married w/ kids:

U.S. 11.9%
Canada 21.5% (plus HUGE sales taxes)
Australia 16%
Austria 35.5%
Belgium 40.3%
Denmark 29.6%

You are the perfect shill for ignorant posters.
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by mcv57 February 12, 2008 7:06 PM EST
I was at a GM dealership about a year ago. The salesman gave me the rap about how GM is keeping America working and investments are in the U.S.

I ask him why is GM so out of touch with reality, . . . SUV, big, big trucks when our troops are in the middle east spilling blood to keep these behemoth, gas guzzers on the road. He did not say a word after that . . . I walked out and left him in a daze.
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by mcv57 February 12, 2008 7:00 PM EST
Just yesterday, the St. Louis Federal Reserve Chief says that he doubts a recession will happen.

Its scary, but I think when deception and delusion reach the same level of reality to these people in charge of money, its time to buy gold.
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by omega39-2009 February 12, 2008 6:48 PM EST

Are you serious??? $58k a year for NON-SKILLED labor??? With ZERO health premiums??? If you can''''t see what''''s wrong with that picture then you have obviously never had a job. I personally don''''t know anyone with free health care and certainly don''''t know anyone else who makes that kind of money installing a rear-view mirror on a car.

Unions are KILLING this country.

Posted by easeup

Average hourly wage in US dollars for production workers in 2006
US $23.82
Canada $25.74
Australia $26.14
Austria $30.46
BELGIUM $35.49
Denmark $35.45

Oh, and all provide single payer health care systems. You are a perfect shill for the haves and have mores, keep up the good work.

http://www.bls.gov/news.release/ichcc.t02.htm
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