buttershug
Diabloii.Net Member
Re: How to save the Big 3 US automakers
No they are perfectly free to go out of business.
How to save the Big 3 US automakers
- Thread starter Dirty_Zulu
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Re: How to save the Big 3 US automakers
South Korean =/= Japanese when it comes to car quality reputations.
Stoutwood
Diabloii.Net Member
Re: How to save the Big 3 US automakers
They're getting to be pretty close. People more or less equate Hyundai with Honda these days, and for good reason. However, the point remains that the "American" car you used as an example to show inferior quality is in fact an import.
Re: How to save the Big 3 US automakers
What cars are actually made in America?
Chevy imports cars and then slaps their Logo on them? I shouldn't be surprised but you learn something new every day.
What cars are actually made in America?
Stoutwood
Diabloii.Net Member
Re: How to save the Big 3 US automakers
That is actually a pretty difficult question to answer. As far as cars made entirely in America, I don't know if there are any. For example, the Chevrolet Camaro, heralded as a return to good ol' American muscle, is based on the Zeta platform, which is mostly produced in Australia by Holden. Some of the car is assembled in Canada, and some in the U.S. Ironically, most Toyotas and Hondas are made in America.
Dondrei
Diabloii.Net Member
Re: How to save the Big 3 US automakers
But if they don't ever sit down and talk then anything could still be grounds for a strike. I don't see how a law requiring people to talk really does anything. Apart from make the government look fairly silly.
vdzele
Diabloii.Net Member
Re: How to save the Big 3 US automakers
I'm too lazy to type you how wrong that is. So I suggest that you listen to Gerald Celente and Max Keiser.
Forecast of the future. These two never missed ....so far.
Cash???
I'm too lazy to type you how wrong that is. So I suggest that you listen to Gerald Celente and Max Keiser.
Forecast of the future. These two never missed ....so far.
BobCox2
Diabloii.Net Member
Re: How to save the Big 3 US automakers
And when talking about real current numbers this guys screaming about 4% to 9% declines like its the end of the world.
It's not.
At most it's a opportunity to buy low if you have cash and a restructuring.
Everyone makes mistakes
And when talking about real current numbers this guys screaming about 4% to 9% declines like its the end of the world.
It's not.
At most it's a opportunity to buy low if you have cash and a restructuring.
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WildBerry
Diabloii.Net Member
Re: How to save the Big 3 US automakers
You sure about that? What's the organisation percent with auto industry workers again? Not naysaying, just working on the assumption that American unions generally commandm a very low degree of organisation even on their specific area of expertise, let alone the umbrellas.
buttershug
Diabloii.Net Member
Re: How to save the Big 3 US automakers
The CAW is probably has a higher degree of organization than most countries in the world.
And they are not just autoworkers.
On a side note I'm not sure who is tougher HAMC or the Teamsters.
You and Johnny really need to see the movie On the Waterfront.
I've seen some pretty wrong assumptions before but this one takes the cake.
The CAW is probably has a higher degree of organization than most countries in the world.
And they are not just autoworkers.
On a side note I'm not sure who is tougher HAMC or the Teamsters.
You and Johnny really need to see the movie On the Waterfront.
llad12
Diabloii.Net Member
Re: How to save the Big 3 US automakers
No one knows when spiraling inflation will rear its ugly head or when people will make runs on banks. At this point, however, the price of goods is falling not rising.
That said, the real question becomes: Do said declining prices signal a depression rather than a recession? If the automoble industries are allowed to fail, it will almost certainly be the former ... not the latter.
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FYI Vdz: The past tense of threw is not through. The English language can be a real *****.
Ever heard of treasury bonds? In this era of declining prices, investment money is flocking to said bonds (with interest rates as low as .1%) for the simple preservation of capital.
No one knows when spiraling inflation will rear its ugly head or when people will make runs on banks. At this point, however, the price of goods is falling not rising.
That said, the real question becomes: Do said declining prices signal a depression rather than a recession? If the automoble industries are allowed to fail, it will almost certainly be the former ... not the latter.
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FYI Vdz: The past tense of threw is not through. The English language can be a real *****.
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llad12
Diabloii.Net Member
Re: How to save the Big 3 US automakers
Heh, I think I need another cup of coffee. :coffee:
AeroJonesy
Diabloii.Net Member
Re: How to save the Big 3 US automakers
Llad, I don't know if you heard, but some people are actually buying treasury bonds with negative interest rates. I've heard it described as being similar to the fee for a safe deposit box.
Llad, I don't know if you heard, but some people are actually buying treasury bonds with negative interest rates. I've heard it described as being similar to the fee for a safe deposit box.
AeroJonesy
Diabloii.Net Member
Re: How to save the Big 3 US automakers
Uh, we're in agreement here. He was commenting that treasury bonds had low rates of return. I was expanding on that, saying that some people were even buying ones with negative rates of return.
Uh, we're in agreement here. He was commenting that treasury bonds had low rates of return. I was expanding on that, saying that some people were even buying ones with negative rates of return.
AeroJonesy
Diabloii.Net Member
Re: How to save the Big 3 US automakers
Were you talking about Tanooki? Because I agree that he's old.
Were you talking about Tanooki? Because I agree that he's old.
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WildBerry
Diabloii.Net Member
Re: How to save the Big 3 US automakers
What do the Canadian unions have to do with my assumptions on the American unions?
KillerAim
Diabloii.Net Member
Re: How to save the Big 3 US automakers
Dondrei:
1). Unless it's happened fairly recently, The United Auto Workers (UAW) has never successfully unionized any foreign Auto Company's plants in the United States.
2). Much of the problems with union contract terms go back a half a century when the Big Three had close to a monopoly in the U.S. market. Salary is not the issue; benefits are.
- - -
What is going to NOT be part of a Market solution is the bailout (if it happens). The goal of any Economic System is to provide for the most efficient and effective allocation of goods within a Society. The way a Market accomplishes this goal is by rewarding the productive and punishing the non-productive. Bailing out companies and unions that are locked into agreement terms that are fifty years out of date means that the taxpayer will end up subsidizing both Management salaries and Union wages and it does absolutely nothing to resolve to cost differential between domestic and foreign plants. In addition, it allows other interested parties (after all, we as taxpayers are paying a sizable chunk of the bill) to persuade the Government to force the auto companies into building cars that meet goals based on other ends than building cars that people want to buy.
This best thing to do? I prefer bankruptcy and re-organization. This allows the companies to 'break' the agreements that have become so onerous and that is the best approach to take if you want to preserve the most jobs while simultaneously allowing the companies to try to become competitive.
Dondrei:
That's correct for two main reasons.
1). Unless it's happened fairly recently, The United Auto Workers (UAW) has never successfully unionized any foreign Auto Company's plants in the United States.
2). Much of the problems with union contract terms go back a half a century when the Big Three had close to a monopoly in the U.S. market. Salary is not the issue; benefits are.
- - -
Dondrei said:
I never said that the agreements between the UAW and the Auto Companies were not part of the Free Market, I just said that they are a major cause of why the Auto Companies are not competitive.krischan said:
What is going to NOT be part of a Market solution is the bailout (if it happens). The goal of any Economic System is to provide for the most efficient and effective allocation of goods within a Society. The way a Market accomplishes this goal is by rewarding the productive and punishing the non-productive. Bailing out companies and unions that are locked into agreement terms that are fifty years out of date means that the taxpayer will end up subsidizing both Management salaries and Union wages and it does absolutely nothing to resolve to cost differential between domestic and foreign plants. In addition, it allows other interested parties (after all, we as taxpayers are paying a sizable chunk of the bill) to persuade the Government to force the auto companies into building cars that meet goals based on other ends than building cars that people want to buy.
This best thing to do? I prefer bankruptcy and re-organization. This allows the companies to 'break' the agreements that have become so onerous and that is the best approach to take if you want to preserve the most jobs while simultaneously allowing the companies to try to become competitive.