Obama admits to mistake

[Nike617]

Because George Bush is a "real american president" im not saying Obama isnt but what I mean in that Obama doesnt have much expierecne in everything because The reason why he never said anything like that is because he has more expierence as a leader it looks bad to world for THe leader of the most powerful nation to admitting he messed up its a sign of weakness dude

 

[tipsgnob]

your an idiot........

 

[CrackerJax]

I'm glad you agree with me.......

I think it's the other way around...


Nike , I agree with you that Obama has ZERO experience and for that we deserve what we are getting. This will be a lesson learned that will be passed down for generations. I have a very dear friend who is black and who did not vote for Obama (impossible?). I asked him why and he basically said this guy is hollow through and through and it will poison the well for blacks for a long time to come. he was wanting a real powerhouse to get elected, not someone who is going to blow it right out of the gate. Which is exactly what has happened. I thought he had a valid point and now he seems like kreskin...


out.

 

[natrone23]

Who's your friend Alan Keyes?

 

[CrackerJax]

right? I wish actually, that is one smart chocolate chip cookie.
No, just another friend who knows how to see past the BS.


out.

 

[natrone23]

He be Da Man!!

 

[NewGrowth]

My point is there is a 38 dollar PER HOUR difference between union and non union auto jobs....making union cars inherently more expensive to purchase...it's self defeating.

More unions mean being LESS competitive in the market...any market.


out.

2009 Honda Civic (loaded) Base Retail: $26,700

2009 Chevy Cobalt SS Turbocharged Base Retail: $23,425


You can look it up yourself, Honda has a comparable benefits package and pays their workers slightly less the UAW. STILL think unions are destroying big three?? Think again.

 

[TheBrutalTruth]

2009 Honda Civic (loaded) Base Retail: $26,700

2009 Chevy Cobalt SS Turbocharged Base Retail: $23,425


You can look it up yourself, Honda has a comparable benefits package and pays their workers slightly less the UAW. STILL think unions are destroying big three?? Think again.

Civic - Made here or in Japan
Cobalt - Made in Mexico

Besides, both of them are Ricers

 

[NewGrowth]

Civic - Made here or in Japan
Cobalt - Made in Mexico

Besides, both of them are Ricers

Chevy Cobalt is made in Lordstown, Ohio.

Parts are manufactured all over, same with Japanese cars. For example my VW has parts from Germany, Argentina and Mexico, it was assembled in Canada.

Not really the point I was trying to make. I started researching this because of the claims Jax made earlier today. When I started I thought Jax was right. After sifting through a lot of statistics what I have found is this: UAW workers receive comparable compensation if not less than Foreign manufacturers. UAW workers had their benefits packages cut, they pay more into their own healthcare and 401K.

With that I'm off to bed, Night guys.

 

[TheBrutalTruth]

Chevy Cobalt is made in Lordstown, Ohio.

Parts are manufactured all over, same with Japanese cars. For example my VW has parts from Germany, Argentina and Mexico, it was assembled in Canada.

Not really the point I was trying to make. I started researching this because of the claims Jax made earlier today. When I started I thought Jax was right. After sifting through a lot of statistics what I have found is this: UAW workers receive comparable compensation if not less than Foreign manufacturers. UAW workers had their benefits packages cut, they pay more into their own healthcare and 401K.

With that I'm off to bed, Night guys.

Okay, so both are made in the US, doesn't change the fact that both of them are Ricers.

 

[medicineman]

I'm a V-8 kind of guy, but that chevy cobalt 4 banger with a supercharger puts out around 300HP, Take out the seats, the spare and all unnecessary junk, put in a racing seat, crank the boost up to about 15 lbs, and that thing will keep up with a corvette.

 

[CrackerJax]

Chevy Cobalt is made in Lordstown, Ohio.

Parts are manufactured all over, same with Japanese cars. For example my VW has parts from Germany, Argentina and Mexico, it was assembled in Canada.

Not really the point I was trying to make. I started researching this because of the claims Jax made earlier today. When I started I thought Jax was right. After sifting through a lot of statistics what I have found is this: UAW workers receive comparable compensation if not less than Foreign manufacturers. UAW workers had their benefits packages cut, they pay more into their own healthcare and 401K.

With that I'm off to bed, Night guys.

regardless of the prices you posted...it is the PROFIT % on those two cars which count. Detroit has to match or beat its competition to sell the car. This does not mean however that the 2 cars produce the same profit....they don't. My numbers are relative to the big entire auto picture, not plant x vs plant y, or model A vs. model B. Overall, the unions have made it very very difficult for detroit to continue.

The Detroit auto industry is about to collapse..... and rightfully so. let them go....


out.

 

[NewGrowth]

regardless of the prices you posted...it is the PROFIT % on those two cars which count. Detroit has to match or beat its competition to sell the car. This does not mean however that the 2 cars produce the same profit....they don't. My numbers are relative to the big entire auto picture, not plant x vs plant y, or model A vs. model B. Overall, the unions have made it very very difficult for detroit to continue.

The Detroit auto industry is about to collapse..... and rightfully so. let them go....


out.

What is the average profit percentage of GM vs Honda?

I'm not much for stocks but I do have to look at profit margins at work often.

Here is what I found
GM mean net profit margin: -20.93%
Honda mean net profit margin: -33.46%

For a comparison Microsoft mean net profit margin: +27.8%

I was on your side in the beginning Jax but the numbers have not lied to me yet. Looks like scapegoating and mudslinging by greedy CEO's to me.
UAW cut back benefits in 2005, in 2007 the CEO of GM received a $15+ million dollar bonus.

I would also agree that we should allow big three to fend for themselves but I cannot possibly look into the eyes of a 1,000's of UAW families and tell them that. IMO the big three bailout money should have gone toward re-education and extended unemployment benefits for UAW families out of work.

Blaming UAW for Big Three's failure is like blaming the cashier at McDonalds for the bad food . . .

 

[TheBrutalTruth]

What is the average profit percentage of GM vs Honda?

I'm not much for stocks but I do have to look at profit margins at work often.

Here is what I found
GM mean net profit margin: -20.93%
Honda mean net profit margin: -33.46%

For a comparison Microsoft mean net profit margin: +27.8%

I was on your side in the beginning Jax but the numbers have not lied to me yet. Looks like scapegoating and mudslinging by greedy CEO's to me.
UAW cut back benefits in 2005, in 2007 the CEO of GM received a $15+ million dollar bonus.

I would also agree that we should allow big three to fend for themselves but I cannot possibly look into the eyes of a 1,000's of UAW families and tell them that. IMO the big three bailout money should have gone toward re-education and extended unemployment benefits for UAW families out of work.

Blaming UAW for Big Three's failure is like blaming the cashier at McDonalds for the bad food . . .

You got something to cite on your information?

 

[NewGrowth]

You got something to cite on your information?

You can go look at it right NOW brutal that was taken from the NYSE. I don't need to site info that you can easily type into Google stock quotes. Play around with it if you want, let me know if you find the perfect stock.

 

[TheBrutalTruth]

You can go look at it right NOW brutal that was taken from the NYSE. I don't need to site info that you can easily type into Google stock quotes. Play around with it if you want, let me know if you find the perfect stock.

That's Net Profit Margins, and is not comparable considering the events of the last year.

In case you didn't notice the discussion was revolving around per unit profit.

Of course Honda is losing money, because it's not selling vehicles, but assuming that it was selling the vehicles that it is building, what would it's net unit profit be compared to GM's net unit profit on those two vehicles?

 

[NewGrowth]

That's Net Profit Margins, and is not comparable considering the events of the last year.

In case you didn't notice the discussion was revolving around per unit profit.

Of course Honda is losing money, because it's not selling vehicles, but assuming that it was selling the vehicles that it is building, what would it's net unit profit be compared to GM's net unit profit on those two vehicles?

I don't know YOU look it up brutal, I feel like you guys have slung enough BS to do your own research.

 

[medicineman]

I don't know YOU look it up brutal, I feel like you guys have slung enough BS to do your own research.

Right on. The right is basically wrong. Unions provide an atmosphere of working conditions and pay and benefits that all employees should have. Corporations should not only be about the bottom line, or shareholder profits, but should be a total deal, With responsibility to the employees, the environment, the community, and most of all fairness for all entities involved. Untill the time that corporations decide to do this on their own, unions will be needed. If Corporations did align themselves with a fairness doctrine, unions would be obsolete. Want to get rid of unions? Try paying a living wage, giving ample benefits, not polluting, being a flower in the community, not a blight, and having a real presence in the community with community approval and appreciation.

 

[NewGrowth]

Right on. The right is basically wrong. Unions provide an atmosphere of working conditions and pay and benefits that all employees should have. Corporations should not only be about the bottom line, or shareholder profits, but should be a total deal, With responsibility to the employees, the environment, the community, and most of all fairness for all entities involved. Untill the time that corporations decide to do this on their own, unions will be needed. If Corporations did align themselves with a fairness doctrine, unions would be obsolete. Want to get rid of unions? Try paying a living wage, giving ample benefits, not polluting, being a flower in the community, not a blight, and having a real presence in the community with community approval and appreciation.

Well said medicine some companies have already done this. Is it so hard to treat people well?!

I worked for Whole Foods for a few years, I saw everything from Store level operations to boring ass corporate meetings The level of responsibility is given to the individual worker as much as possible. Good healthcare, community involvement, strong 401K, profit sharing, stock options, paid lunch, vacations ect. Profits?! Through the roof, even after a few greedy a-holes dumped all their stock it is still a great company driven by the ownership taken by the happy workers.

 

[TheBrutalTruth]

Right on. The right is basically wrong. Unions provide an atmosphere of working conditions and pay and benefits that all employees should have. Corporations should not only be about the bottom line, or shareholder profits, but should be a total deal, With responsibility to the employees, the environment, the community, and most of all fairness for all entities involved. Untill the time that corporations decide to do this on their own, unions will be needed. If Corporations did align themselves with a fairness doctrine, unions would be obsolete. Want to get rid of unions? Try paying a living wage, giving ample benefits, not polluting, being a flower in the community, not a blight, and having a real presence in the community with community approval and appreciation.

The problems with Unions Med is that they have established themselves as parasites, and are hypocrits.

You're talking about a fairness doctrine as if it is a one way street. By your logic then, everyone that worked for Enron should be behind bars, because they should also share the risks that the executives took.

Everyone at GM should be thrown out onto the streets, because they too share the risks that the CEOs took.

Yet, you refuse to admit that your logic has that as its logical conclusion.

If you are not going to apply your logic fully, then you need to shut up, because you are not disclosing fully the flaws in your view points.

The reason why CEOs are compensates so much is because they are personally responsible for the decisions of their companies. I think I mentioned this some where else, but if an underling at a corporation misstates their reports (say a cashier at a store that is embezzling millions) they only face termination and jail time, as is proper. If the store manager tries to cover it up instead, and the CEO signs the now fraudulent financial statements, and the fraud is uncovered the CEO is facing jail time now (due to that bloated piece of garbage Sarbanes-Oxley) for something that he had no control over, and probably couldn't have been aware of.

Applying your logic to the situation everyone that works for the company should be thrown in jail, because they all benefitted from the cover up, and the crime.