UKC Forums - Big 3 Bail out

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Posted by elvis on 12-03-2008 11:57 PM:

Big 3 Bail out

are we, the taxpayers being asked to bail out the big 3 automakers, or are we bailing out their union workers who average 77 dollars an hour with benefits?

in my opinion it looks like their unions have almost made it impossible to compete with non-union shops like hundai whos workers average 44 dollars per hour with benefits.

have they negotiated themselves right out of a job?

im not against an honest days wage for an honest days work, but in my opinion the union has forced their employers to price their product right out of the market.

Posted by walkertalk on 12-04-2008 01:06 AM:

unions

are a good thing and if it was not 4 unions you would not make as much money in others jobs it is called pervelling wages.don

Posted by redneck_girl on 12-04-2008 01:21 AM:

I soooooo want to respond to this, but I know if I did, I'd get banned (for life)

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Posted by Dan Dogs on 12-04-2008 01:23 AM:

i think they should give us all $20,000.00 coupon to go out and buy a new american made truck!!!that should bail out the auto makers and the taxpayers at the same time...

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Posted by perry on 12-04-2008 01:30 AM:

What about the big bonus sysytem for the upper management? What about cutting the top heavy management? Wonder what their average hourly wage is with benefits and perks. I hear all 3 ceo's flew SEPERATE, PRIVATE JETS to ask for bailout. Both sides need to be adjusted. But come on lets hear these figures!!

Posted by coldtrail on 12-04-2008 01:33 AM:

Re: unions

quote:
Originally posted by walkertalk
are a good thing and if it was not 4 unions you would not make as much money in others jobs it is called pervelling wages.don

you can have to much of a good thing.

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Posted by Keith Hodge on 12-04-2008 01:34 AM:

Yeah 20,000 would be nice but wheres the other 20,000 you would need to actually buy one. They want way to much for vehicles today.They have outpriced themselves.I have needed a new truck for the past 2 years. To replace the one I got would cost near 45,000. At no point in my life will I pay that for a new truck.

Posted by Dan Dogs on 12-04-2008 01:36 AM:

quote:
Originally posted by Keith Hodge
Yeah 20,000 would be nice but wheres the other 20,000 you would need to actually buy one. They want way to much for vehicles today.They have outpriced themselves.I have needed a new truck for the past 2 years. To replace the one I got would cost near 45,000. At no point in my life will I pay that for a new truck.

would you buy it if you could get the same truck for 25,000..

Posted by CooperCreek on 12-04-2008 01:38 AM:

The days of overpaid union workers building overpriced, low quality, unefficient vehicles are over. The monster needs to crash and die, forever. But all those union workers will follow their union and watch their jobs, one by one, be taken by hispanics and asians who will work harder and cheaper both in our own country and abroad.

Posted by Keith Hodge on 12-04-2008 01:46 AM:

Dan

Actually right now no way. The economy is realy bad shape.I am in new home construction and this is the worst year I have ever seen.

Posted by Dan Dogs on 12-04-2008 01:52 AM:

quote:
Originally posted by Keith Hodge
Dan

Actually right now no way. The economy is realy bad shape.I am in new home construction and this is the worst year I have ever seen.

i hear ya,, i'm a hoof trimmer, and with the farm prices dropping, the farmers are tightning up there belts too! this is the slowest yr i've seen in the last ten yrs..

Posted by coldtrail on 12-04-2008 01:53 AM:

Throw all the money at it you want, it aint gonna make people buy vehicles. I like that coupon Idea, I'll take two.

But I would buy a ford after driving this 4x4 chevy the last couple years. I have a tool box full of pieces that have fallen off it, a dash cluster that had to be replaced, and it sounds like front end is falling apart every time I hit a bump. Only 70,000 miles on it. I'll try one ford then I'm going back to toyota.

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Posted by bearman on 12-04-2008 01:58 AM:

quote:
Originally posted by CooperCreek
The days of overpaid union workers building overpriced, low quality, unefficient vehicles are over. The monster needs to crash and die, forever. But all those union workers will follow their union and watch their jobs, one by one, be taken by hispanics and asians who will work harder and cheaper both in our own country and abroad.

Dang CooperCreek! you are so right! Accept the hispanics and all other foreigners and just tax them that would help some. I also like the sound of the 20k for the people, sign me up. lol.......

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Posted by Dan Dogs on 12-04-2008 02:00 AM:

quote:
Originally posted by coldtrail
Throw all the money at it you want, it aint gonna make people buy vehicles. I like that coupon Idea, I'll take two.

But I would buy a ford after driving this 4x4 chevy the last couple years. I have a tool box full of pieces that have fallen off it, a dash cluster that had to be replaced, and it sounds like front end is falling apart every time I hit a bump. Only 70,000 miles on it. I'll try one ford then I'm going back to toyota.

i own two fords and there no different then any other truck..that noise is your ball joints going out!!! the new trucks got sealed ball joints with no greaseserts...mine had to be replace before 35,000 miles...the after market ball joints are greaseable..

Posted by WVCoon on 12-04-2008 02:11 AM:

proud to be union live better work union buy american

Posted by HAROLD WHITE on 12-04-2008 02:14 AM:

osma bin laden will built cars in america built by SCAB labor and us americans will buy them and brag abouut how good they are remember pearl harbor

Posted by PTB on 12-04-2008 02:27 AM:

Bail out

I guess I'd have a hard time using my $ to bail out 3 companies that continuously were giving zero financing to compete against each other, doesn't seem to be good business sense to me. all the while Toyota and Nissan continued to finance at aprox 5 .9% and seemed to sell enough vehicles to survive. Like a previous post said Hyundai workers got by on 4o.00 / hour, while GM was paying $78 with zero interest loans to the buyers, I say can the GM of GM !!!!!! Oh wait a minute , he was quoted as saying he now will work next year for a dollar if the tax payers bail his candy rear out........what a joke.......

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Posted by Jared Lawrason on 12-04-2008 03:16 AM:

Reward a company for failing. Sounds like a good idea to me.

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Posted by MikeO on 12-04-2008 03:30 AM:

if we don't bail them out we might take a economic hit like you ain't never seen!!!!!!! the big 3 employ ALOT more people than those bloated, overpaid, crybaby, union workers.

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Posted by Lee Currens Jr. on 12-04-2008 03:34 AM:

i dont have the answer but most kids today half to go to
college 30,000 a yr 4 yr 120,000 x2 couple 240,000 a house
avg 200,000,440,000,the same car you guys talking 25,000
x2 less say 490,000 thats bare min no furnture or nothing
else.i would hate to start that far in the hole.with out a 77.00
a hour job

Posted by lightning1 on 12-04-2008 03:43 AM:

What happened to the bench seat 3 speed on the tree, no air with roll up windows. No, we all need to be driving the space shuttle. They ran themselves out of business.

Posted by Lee Stocking on 12-04-2008 04:13 AM:

I have very mixed emotions about whats going on HOWEVER im not listening to everything the media is saying and im NOT falling for the poor quality of American autos. I see just as many foreign autos/trucks having issues that Americans do plus im not one to follow the leader when folks turn their backs to American auto makers. I'll keep driving my American made truck till I cant drive it anymore and if I can ill buy another used one lol If you all feel comfortable driving the toys and nissans go right ahead but I dont think they are all bells and whistles. No better gas mileage, less comfortable and cost just as much to own and drive. My last dodge went 250 thou miles and my chevy has 170,000 no major issues. My other chevy has 118 and a ford ranger with 118 also they all run good.
Why do we turn our backs to American made so easily???

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Posted by honalieh on 12-04-2008 04:23 AM:

Bail Out Perspective!!!

I'm not talking just about the auto companies. A lot of other industries are hard hit also. Where's their help going to come from?

$700 Billion Bailout. How much is that? Well, the population of our country is approx. 300 Million people. Do the math. $700 Billion divided by 300 million people is $2,333.33 each.

Now, let's put this in perspective :

Family Size --------- Amount
----1------------------$ 2,333.33
----2------------------$ 4,666.66
----3------------------$ 7,000.00
----4------------------$ 9,333.33
----5------------------$11,666.66

What's your family share of this $700 Billion Bailout based on the above?

(1) Do we really trust the management of grossly mismanaged companies to manage this money properly? I don't!!!

(2) These companies, though American in name aren't so much American companies as they are international companies. They are owned by investors from around the globe. So, it's really an international investor bailout for both foreign and American investors. Putting the companies in charge of this is the same as trickle-down economics (part of the reason we're in this mess). It's putting the fox in charge of the henhouse! So, we subsidize investors (American and foreign), and hope it trickles down and creates American jobs. That's not where I'd want to put my share of the bailout money!!!

Now, for my family of 3, my share would be $7,000. If it were offered as a stimulus as before, it would go straight into the bank. But, if it were use it or lose it, I would use it. So would every other family in America. Think that wouldn't stimulate the economy?

Posted by Travis Eastman on 12-04-2008 04:24 AM:

I agree with your post but where are you getting the average 77 an hour from. I would be curious to know if that is fact or are you just beefin it up to make it look worse.

Posted by walkertalk on 12-04-2008 06:44 AM:

the 77.00

and hour for the union plant workers IS NOT TRUE.i deal with unions and i know wat it is so lets see if he dos

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