Comments on: GM moves up payments to employees, suppliers in light of pending bankruptcy http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html Car news, reviews, and specs for the auto-industry Sat, 11 Feb 2012 01:21:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Borat http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html#comment-459868 Borat Thu, 28 May 2009 19:53:18 +0000 http://www.leftlanenews.com/?p=18335#comment-459868 @Payton Byrd, I think your explanation of reality is either misguided or shallow (your choice). Neither government nor unions dictated either GM or Chrysler to build obese behemoths on old platforms that fell out of favor once oil price went above $3/gallon. Nor it was mandated by either government or unions to spend time and money producing such winners as Aztec, latest Monte Carlo, Sebring, G6, whatever else fills up docks and dealer's lots. Chrysler survived 80's with help of nation and unions, but most importantly Chrysler was guided by management team that knew what they were doing and why there were doing it. Today's management or Auto giants looked very uncomfortable on camera when they were offered the same salary as Lee Iaccoca took voluntarily ($1). Your knowledge of recent history somewhat skewed as well. Chrysler did not merge with another company; Chrysler did buy another company - AMC. They couldn't afford that load of bad inventory, bad labor contracts and horrible vehicles and plants. Request for loans came after, not before or during merger. I am not an advocate for unions either. They are corrupt and lazy. Therefore, there is nothing here to save: companies have no management backbone nor dedicated work force. How's government suppose to fix it? Is government suppose to fix it? @Payton Byrd,
I think your explanation of reality is either misguided or shallow (your choice). Neither government nor unions dictated either GM or Chrysler to build obese behemoths on old platforms that fell out of favor once oil price went above $3/gallon. Nor it was mandated by either government or unions to spend time and money producing such winners as Aztec, latest Monte Carlo, Sebring, G6, whatever else fills up docks and dealer’s lots. Chrysler survived 80′s with help of nation and unions, but most importantly Chrysler was guided by management team that knew what they were doing and why there were doing it. Today’s management or Auto giants looked very uncomfortable on camera when they were offered the same salary as Lee Iaccoca took voluntarily ($1).
Your knowledge of recent history somewhat skewed as well. Chrysler did not merge with another company; Chrysler did buy another company – AMC. They couldn’t afford that load of bad inventory, bad labor contracts and horrible vehicles and plants. Request for loans came after, not before or during merger.

I am not an advocate for unions either. They are corrupt and lazy. Therefore, there is nothing here to save: companies have no management backbone nor dedicated work force. How’s government suppose to fix it? Is government suppose to fix it?

]]> By: Dwide Schrude http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html#comment-459850 Dwide Schrude Thu, 28 May 2009 18:59:33 +0000 http://www.leftlanenews.com/?p=18335#comment-459850 Are those beach balls being bounced around in the picture? What is wrong with these people? Are those beach balls being bounced around in the picture? What is wrong with these people?

]]> By: Payton Byrd http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html#comment-459791 Payton Byrd Thu, 28 May 2009 16:35:27 +0000 http://www.leftlanenews.com/?p=18335#comment-459791 @freeyellow2000 You clearly don't have a grasp of the situation. GM and Chrysler (and the entire industry for that matter) are in this mess because of hugely inflated wages and benefits for union workers and absolutely outrageous demands from Congress over the last 40 years. It's a miracle this didn't happen 20 years ago. Oh, wait, it did with Chrysler and AMC. But, Chrysler will get out of another bankruptcy via government loans and merging with another company, just as during the 80's. Hopefully we're not here again in another 20 some odd years. @freeyellow2000

You clearly don’t have a grasp of the situation. GM and Chrysler (and the entire industry for that matter) are in this mess because of hugely inflated wages and benefits for union workers and absolutely outrageous demands from Congress over the last 40 years. It’s a miracle this didn’t happen 20 years ago. Oh, wait, it did with Chrysler and AMC. But, Chrysler will get out of another bankruptcy via government loans and merging with another company, just as during the 80′s. Hopefully we’re not here again in another 20 some odd years.

]]> By: dakotakid http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html#comment-459780 dakotakid Thu, 28 May 2009 16:14:13 +0000 http://www.leftlanenews.com/?p=18335#comment-459780 Hope they all cash those cheques QUICK... Hope they all cash those cheques QUICK…

]]> By: JakeK66 http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html#comment-459771 JakeK66 Thu, 28 May 2009 15:19:39 +0000 http://www.leftlanenews.com/?p=18335#comment-459771 Look at that lady in the pic with a big stupid grin on her face. Yea! I'm gonna be out of work! Look at that lady in the pic with a big stupid grin on her face. Yea! I’m gonna be out of work!

]]> By: Borat http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html#comment-459770 Borat Thu, 28 May 2009 15:14:48 +0000 http://www.leftlanenews.com/?p=18335#comment-459770 fan, it is very same workers that robbed their investors of ALL investments. I hate to mention that owners of the company lost their behinds and walking out with shares which are now called worthless memorabilia. Farrah Fawcett posters are valued more at this point. fan, it is very same workers that robbed their investors of ALL investments. I hate to mention that owners of the company lost their behinds and walking out with shares which are now called worthless memorabilia. Farrah Fawcett posters are valued more at this point.

]]> By: fan http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html#comment-459767 fan Thu, 28 May 2009 14:55:37 +0000 http://www.leftlanenews.com/?p=18335#comment-459767 good for the workers... at least some of the money is going back to where it came from... the taxpayer (well, at least to a part of the taxpayers) good for the workers… at least some of the money is going back to where it came from… the taxpayer (well, at least to a part of the taxpayers)

]]> By: Borat http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html#comment-459764 Borat Thu, 28 May 2009 14:42:22 +0000 http://www.leftlanenews.com/?p=18335#comment-459764 And before anybody was slaving in this company? And before anybody was slaving in this company?

]]> By: mayer_ray_nagin http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html#comment-459755 mayer_ray_nagin Thu, 28 May 2009 14:16:57 +0000 http://www.leftlanenews.com/?p=18335#comment-459755 Cool. I'd call in sick now if I worked there. Since "we're all söciälists now" under our idiot prez nobody expects us to do anything but loaf off anyway. Cool. I’d call in sick now if I worked there. Since “we’re all söciälists now” under our idiot prez nobody expects us to do anything but loaf off anyway.

]]> By: freeyellow2000 http://www.leftlanenews.com/gm-moves-up-payments-to-employees-suppliers-in-light-of-pending-bankruptcy.html#comment-459753 freeyellow2000 Thu, 28 May 2009 14:14:47 +0000 http://www.leftlanenews.com/?p=18335#comment-459753 Well we all knew the GM would file for bankruptcy...that was a given.... GM has the mind set of the Titanic... Even though they are "largest corporations" they though they couldn't fail. In the end its is all GM fault, management has no one to blame except for themselves. The only reason politication intervene is just they worry about the job (ie $$$$$$$$$$) Well we all knew the GM would file for bankruptcy…that was a given….

GM has the mind set of the Titanic… Even though they are “largest corporations” they though they couldn’t fail. In the end its is all GM fault, management has no one to blame except for themselves. The only reason politication intervene is just they worry about the job (ie $$$$$$$$$$)

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