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post #21 of 41 (permalink) Old 05-04-2009, 02:46 PM
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He called 0 a BOY. OMG.
Whoooops.....


FTL, please don't kill yourself..




...








Never mind.
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post #22 of 41 (permalink) Old 05-04-2009, 03:51 PM
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Simple question as I am a simple man and therefore simple minded:

How can a Union run a company when it's own internal policies are diametrically opposed to making a profit? I could see how they could coast for a while if the company was in good financial shape, but Chrysler? How can it be done? How do they argue for the Union and the company at the same time? Conflict of interest? Do they go in a closet and hold a meeting with themselves?
I think the issue is your self proclaimed simple mindedness.

Unions are not opposed to companies earning profits. If you can find that in any union charter I will take back my conclusion your self declared simplemindedness was such an obvious explanation for your inability to understand the problem.

Unions of more enlightened companies are often invited to have a seat on the board of directors or some other potentially influential management committee. The idea is to incentivize the union by letting them in on the decision making process and to educate them on the operation of a business. And, it works. Just share some of the company profits with the people who create the profits instead of hoarding it all for the top of the management chain.

The style of management that treats employees like horses or machines to be run until they fail and then replace them with a new horse or machine is probably not going to get the most they can from their employees.

Jim
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post #23 of 41 (permalink) Old 05-04-2009, 03:54 PM
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^ Pollyanna
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post #24 of 41 (permalink) Old 05-04-2009, 04:10 PM
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The administration is being accused of
1) not negotiating in GOOD FAITH
and
2) engaging in THEFT.

Looks like these investors bought the bonds prior to TARP.

Objection to Chrysler Sale Motion
I believe that motion objecting to the Chrysler sale in the deal the government was supporting - where an actual buyer was found, and the union traded much of their future contract commitments from Chrysler for stock in the new company - killed the deal. There is no deal now. No attempt to do something illegal - just a deal that was ok with the majority stock holders and principals - and was not ok with the minority, "senior investors" so they rejected it. Deal off the table.

Chrysler is now in bankruptcy. The senior investors have to hope that they will recover more than $.29 on the dollar this way. And they may, but unless the government bails Chrysler out again, it is unlikely. A calculated risk, taken, and now the result will unfold.

If these guys owned the stock before it tanked, they should have sold it. Bad judgement all around, seems to me, especially counting on Obama to bail them out again.

What confuses me milfun, is, do you think the government should bail out Chrysler to protect the investments of these senior investors? I thought you were opposed to bail outs. Is that only until Obama doesn't agree to bail someone out?

Jim
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post #25 of 41 (permalink) Old 05-04-2009, 04:13 PM
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^ Pollyanna
Medieval simple minded dolt with visions of grandeur. Go read up on the origin of unions. It will have you yearning for the good old days, because, for some reason you think you would be in with the Rockefeller crowd.

Jim
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post #26 of 41 (permalink) Old 05-04-2009, 04:16 PM
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Medieval simple minded dolt with visions of grandeur. Go read up on the origin of unions. It will have you yearning for the good old days, because, for some reason you think you would be in with the Rockefeller crowd.

Jim
Sorry, dude, I have a lot more exp. with Unions than you realize. Making a profit for the company is second to the wants of the employees. Therefore the conflict.

Get a grip.
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post #27 of 41 (permalink) Old 05-04-2009, 05:26 PM
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Sorry, dude, I have a lot more exp. with Unions than you realize. Making a profit for the company is second to the wants of the employees. Therefore the conflict.

Get a grip.
Apparently your experience with unions is the same old same old, over and over, which is really not the same as extensive, broad experience. When the unions are in the plan, they respond differently. You have just never included them fairly in the plan and thus didn't get their cooperation. It comes with the attitude that they don't deserve a seat at the dinner table with management that they detect.

The average union worker responds to being respected and treated fairly. When you are always trying to cornhole them they learn to either distrust you.

Jim
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post #28 of 41 (permalink) Old 05-04-2009, 07:04 PM Thread Starter
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Apparently your experience with unions is the same old same old, over and over, which is really not the same as extensive, broad experience. When the unions are in the plan, they respond differently. You have just never included them fairly in the plan and thus didn't get their cooperation. It comes with the attitude that they don't deserve a seat at the dinner table with management that they detect.

The average union worker responds to being respected and treated fairly. When you are always trying to cornhole them they learn to either distrust you.

Jim
Your logic is so circular that it makes us dizzy sometimes. Are you saying that the Unions in general, do not place the members benefit above the good of the company?

Then again I guess it is up to interpretation.

Who's John Galt.

"Timeo Danaos et dona ferentes" - Virgil, The Aeneid, Book 2

If the Arabs put down their weapons today, there would be no more violence. If the Jews put down their weapons today, there would be no more Israel. --Benjamin Netayahu
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post #29 of 41 (permalink) Old 05-04-2009, 07:07 PM
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Your logic is so circular that it makes us dizzy sometimes. Are you saying that the Unions in general, do not place the members benefit above the good of the company?

Then again I guess it is up to interpretation.
No, I said when you make company profits part of their direct benefits they take a different view of company profits. When they get no raise for a year and the CEO gets a few million in bonuses, along with his select group of buddies, profits take on a distinctly unpleasant characteristic to many union workers.

Jim
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post #30 of 41 (permalink) Old 05-04-2009, 08:24 PM
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BULLY!

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