  Lilpup Member Username: Lilpup Post Number: 5004 Registered: 06-2004 |
WXYZ.com livestreaming. gotta admit I wasn't sure Gettelfinger had the spine but it's probably easier when sitting with a Reuther | ||
D_mcc Member Username: D_mcc Post Number: 1683 Registered: 12-2007 |
anyone else watching cnn? the dow keeps falling... currently down 112.62 | ||
Gazhekwe Member Username: Gazhekwe Post Number: 2725 Registered: 08-2007 |
Gettelfinger is doing a great job! | ||
Bigb23 Member Username: Bigb23 Post Number: 2787 Registered: 11-2007 |
I wonder if we can have a tent city on Bush's ranch ? It's warmer down there. | ||
Johnlodge Member Username: Johnlodge Post Number: 8993 Registered: 10-2003 |
Paulson says he's ready to save the industry? That's what the reporter said just came over the wire. | ||
Lilpup Member Username: Lilpup Post Number: 5005 Registered: 06-2004 |
maybe the Nuge will come over and play, plus bring his excess hunting kill to feed everyone | ||
D_mcc Member Username: D_mcc Post Number: 1684 Registered: 12-2007 |
Fuck the treasury...and the Bush administration... NOW they're willing to use TARP funds?! They are using this to political grandstand against the left...fucking unbelievable | ||
Gazhekwe Member Username: Gazhekwe Post Number: 2726 Registered: 08-2007 |
Treasury ready to move in to save the day?!! Does anyone hear the William Tell Overture? | ||
Pffft Member Username: Pffft Post Number: 1155 Registered: 12-2003 |
It's great that this got live coverage on CNN, etc., where Gettelfinger could lay it out about the Southern Republicans' motivation: supporting the non-union Toyota, Honda, Hyundai and Mercedes plants, and busting the UAW. Think of that when you consider buying a Toyota, picture the grinning mug of "Boss" Richard Shelby of Alabama, trying to destroy our way of life. | ||
Townonenorth Member Username: Townonenorth Post Number: 446 Registered: 10-2007 |
Never will buy one of their cars. Ever. I drive all American products. Shelby talkes out of the side of his mouth, like all good liars do. I hope this blows up in their face. | ||
Lilpup Member Username: Lilpup Post Number: 5006 Registered: 06-2004 |
Shelby reminded me a lot of Kwame's hired buddy Foghorn Leghorn. | ||
Pffft Member Username: Pffft Post Number: 1156 Registered: 12-2003 |
Yeah, Foghorn Leghorn, sitting on the veranda of his Alabama plantation...dictating to the evil north how we're going to do bidness. | ||
Johnlodge Member Username: Johnlodge Post Number: 8995 Registered: 10-2003 |
Heh, I miss that Kwame lawyer. He was a mix between Foghorn Leghorn and the Iraqi Information minister. | ||
Jcole Member Username: Jcole Post Number: 5030 Registered: 04-2005 |
"maybe the Nuge will come over and play, plus bring his excess hunting kill to feed everyone" Given his political bent, he probably agrees with the southern senators. I wouldn't count on his support. | ||
_sj_ Member Username: _sj_ Post Number: 1604 Registered: 12-2003 |
quote: Until you remember that those people have a right to earn a living too and it is not like the Big Three were rushing to build plants there to provide those jobs. Why shouldn't those Reps protect their constituents as you expect yours to do the same. Gettlefinger should point the finger at himself. He put a nail in the coffin with his first stance of the UAW will not re-negotiate and people remembered that. Then when they asked him to do in 2009 instead of 2011 he finished the nail. He was outplayed. | ||
Blueidone Member Username: Blueidone Post Number: 433 Registered: 03-2007 |
So the unions should give and give and give...meanwhile the bankers and Wall Street types get away with this.... CBS) Insurance giant AIG was given $152 billion in bailout money by the federal government since nearly collapsing in September. Now the company is planning to take millions of that money and hand it over to employees in a program that sounds a lot like bonuses. AIG's new CEO is only taking a single dollar for his compensation this year and the top 60 executives won't be getting bonuses. But that hasn't stopped AIG from finding a creative way to keep some of their top employees in what they're calling "retention payments," reports CBS News correspondent Priya David. To some it seems like business-as-usual end-of-the-year bonuses. On Wednesday, lawmakers grilled Assistant Treasury Secretary Neel Kashkari about AIG's bonus plan. Rep. Donald Manzullo, R-Ill., asked if a $3 million bonus was too much. "It is excessive for a failing institution, yes," said Kashkari. But so far, no one's stopping AIG from paying millions to some employees in its new retention program. The company has told 168 employees they'll receive between $92,500 and $4 million per individual if they stay with the company for one year. That angers some on Capitol Hill. "These so-called retention payments are nothing less than bonuses," Rep. Elijah E. Cummings, D-Md., told CBS News. He sent letters to AIG, demanding details of the retention program. "No one is indispensable, particularly when you've got tens of thousands of people being laid off from Wall Street and financial firms every day," Cummings said. Nicholas Ashooh, AIG's senior vice president of communication, acknowledges that the perception of his company has taken a hit. "Oh, it's terrible, it's terrible," he told CBS News. Ashooh said the retention program does not include anyone in the firm's financial products business, the tiny arm of the company that torpedoed AIG with its high-risk, bad loans. "We know that this is not a popular thing. A lot of people just won't accept it, but if you think about it, it's a calculated decision to keep businesses intact so that we can sell them and pay back taxpayers what we owe them," he said. Whatever you call it, it's still money in the pocket of AIG managers. "It's very unfortunate, but a culture of entitlement has emerged among Wall Street executives," said Peter Morici, a University of Maryland economist. "They're paid far too much money and they're trying to find ways around the rules." Even though there are more layoffs every month, AIG says its top talent is being recruited to rival companies. In fact, the company says two of its top people just left this week, despite being offered big retention payments. AIG says it needs its best people to keep its healthy businesses profitable until it can sell them and the company plans to sell 65 percent of its businesses to repay its federal loan and get back on track. © MMVIII, CBS Interactive Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. | ||
Crawford Member Username: Crawford Post Number: 447 Registered: 10-2006 |
The UAW can drop dead. These knuckle-dragging fools are the ones who are responsible for the demise of Detroit. Imagine the idiocy of choosing to destroy Detroit over taking a cut in pay. These morons are paid $85K with the best benefits on earth, and they have NO education or skills. They refuse to be paid a little less, which would still give them salaries twice that of most working people in the U.S. I wish they would move all the factories to Guatamala tomorrow, and screw these idiots. Detroit doesn't need these lazy bums. | ||
Melocoton Member Username: Melocoton Post Number: 61 Registered: 01-2008 |
Let's do what Crawford and his Alabama Republican friends want, and just let Wal-Mart set the standards for US workers, rather than unions. We'll all be broke, sick, and miserable before long. | ||
Flanders_field Member Username: Flanders_field Post Number: 1373 Registered: 01-2008 |
Even those with education and skills are being forced to take a "cut in pay" or lose their jobs, due to the capitalist-created global economy. Why pay an educated and skilled white-collar worker six figures, plus benefits and perhaps a pension, when the same work can be done in India for less than a quarter of that amount. | ||
Warrenite84 Member Username: Warrenite84 Post Number: 442 Registered: 01-2007 |
Crawford, There are no knuckle dragging fools in the UAW. This is about the self-centeredness of Southern Republicans, AND abstainers on both sides of the aisle who did not vote on cloture last night. This is about propping up Democracies and Third World Countries around the world with trade policies that favor them, while we get cheaper products to feed OUR CONSUMER APPETITE. Do any of you look at the country of origin on the products you buy, or do you ONLY look at the price? This is about Democrats who pander for votes by pushing lenders to lower restrictions on home loans, damn the consequences. It is my opinion that reform in our governmental institutions happen VERY SOON. To remove from power those un-informed keystone cops and hire only those qualified to oversee their respective disciplines. Crawford, don't begrudge others good pay, unless you want to dry up YOUR customer base. (Message edited by warrenite84 on December 12, 2008) | ||
Mashugruskie Member Username: Mashugruskie Post Number: 359 Registered: 09-2006 |
No, let's give the Republicans what they want. They want auto workers here to make the same as Toyota. Toyota pays $30 per hour, GM, Ford and Chrysler pay $28 per hour. Someone tell Congress to take a math class! | ||
Sumas Member Username: Sumas Post Number: 416 Registered: 01-2008 |
Odd, that no one has mentioned that all these senators expect a nice raise in 2009. Why don't we ask them to work for a dollar, since of course, they are only in congress to serve the public. Someone on the forum made the astute comment that these senators obviously are in congress to represent their state. However, they draw a salary from every state in the union via taxation. That is something to ponder. | ||
Warrenite84 Member Username: Warrenite84 Post Number: 443 Registered: 01-2007 |
To those of you who for the last 8 years gd'd George Bush: If he helps keep the Big 3 from going under and does what Democrats and Republicans in the Senate cannot do, I expect you to thank him to high heaven for it. (No, I do not blindly support all he has done, but let's give credit where credit is due.) | ||
Townonenorth Member Username: Townonenorth Post Number: 452 Registered: 10-2007 |
If he does this, it will go a long way toward repairing his legacy, but not all of it. | ||
Flanders_field Member Username: Flanders_field Post Number: 1376 Registered: 01-2008 |
^^^That is like thanking an arsonist who set your house on fire for helping to put the inferno out. | ||
Turkeycall Member Username: Turkeycall Post Number: 101 Registered: 09-2008 |
"Toyota pays $30 per hour, GM, Ford and Chrysler pay $28 per hour." The $28.00 people are aging fast and will disappear from the scene in a few short years. Everyone hired into production classifications the last several years start at $14.80 per hour, have severely decreased health benefits, and no pension plan. They can contribute to a 401k but the Company can abstain from matching it. Can anyone honestly believe that Toyota, Nissan, and the other transplants in the South will maintain the $30.00 pay for its workers? The UAW has been unsuccessful in organizing the southern transplants because their wage scales and benefits packages were so close to the UAW negotiated packages. In their heart of hearts, the non-union workers at Toyota and others really wish the UAW gets all it can because their own wages and benefits are bouyed by a good settlement up north. We call them "gravy train riders." The Republicans have never been labor-friendly and see no reason whatsoever to start being nice now. | ||
Warrenite84 Member Username: Warrenite84 Post Number: 444 Registered: 01-2007 |
Flanders, It's Barney Frank-D and Chris Dodd-D among others who can be thanked for this financial meltdown, via Fannie May and Freddy Mac. | ||
Warrenite84 Member Username: Warrenite84 Post Number: 445 Registered: 01-2007 |
Right Turkeycall. I can say the foreign transplants would have no reason to pay any more than WalMart wages if the Big 3 go under. This means Southerners would get paid less and tax receipts in these states would go down. All this to fuel their own self interests, how shortsighted. | ||
Mashugruskie Member Username: Mashugruskie Post Number: 366 Registered: 09-2006 |
My husband hasn't had his 401k matched in years. We've just raised the percentage every year ourselves to keep up with what would be needed for when he retires. I am dreading the quarterly report. Most likely it's been cut in half and it was ALL our money invested with zero match. |
