Dana Corp files for bankruptcy
#41
Guest
Posts: n/a
Re: Dana Corp files for bankruptcy
And your great, great, great granddad would roll over in his grave if he
knew you were driving at all, instead of riding a horse. Where do you
draw the line about living in the past?
__________________________________________________ ___________________
2003 TJ Rubicon * 2001 XJ Sport * 1971 Bill Stroppe Baja Bronco
"There is a very fine line between 'hobby' and 'mental illness'."
Pronunciation: 'jEp Function: noun Date: 1940
Etymology: from g. p. (G= 'Government' P= '80 inch wheelbase')
A small general-purpose motor vehicle with 80" wheelbase, 1/4-ton
capacity and four-wheel drive used by the U.S. army in World War II.
__________________________________________________ ___________________
Terry Jeffrey wrote:
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
>
> Terry
knew you were driving at all, instead of riding a horse. Where do you
draw the line about living in the past?
__________________________________________________ ___________________
2003 TJ Rubicon * 2001 XJ Sport * 1971 Bill Stroppe Baja Bronco
"There is a very fine line between 'hobby' and 'mental illness'."
Pronunciation: 'jEp Function: noun Date: 1940
Etymology: from g. p. (G= 'Government' P= '80 inch wheelbase')
A small general-purpose motor vehicle with 80" wheelbase, 1/4-ton
capacity and four-wheel drive used by the U.S. army in World War II.
__________________________________________________ ___________________
Terry Jeffrey wrote:
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
>
> Terry
#42
Guest
Posts: n/a
Re: Dana Corp files for bankruptcy
Half my Ford is made of components made in Mexico.
GM and Ford are in financial dire straits because their labor costs are out
of control, health insurance, pensions, etc.
"Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
news:1141577288_2369@sp6iad.superfeed.net...
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
>
> Terry
>
>
> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
> news:u%6Of.25$Ys1.1150@news.uswest.net...
>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>> news:4408ef0a_1@newsfeed.slurp.net...
>>>I wonder how this will affect Jeep?
>>>
>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>
>> winchester, dana, so many others......this is what happens when you sell
>> your soul to china, one walmart basket full of chinese crap at a time.
>>
>> --
>> Nathan W. Collier
>> http://UtilityOffRoad.com
>> http://7SlotGrille.com
>> http://InlineDiesel.com
>> http://BighornRefrigeration.com
>> http://ConcealedCarryForum.com
>>
>>
>
>
>
> Posted Via Usenet.com Premium Usenet Newsgroup Services
> ----------------------------------------------------------
> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
> ----------------------------------------------------------
> http://www.usenet.com
GM and Ford are in financial dire straits because their labor costs are out
of control, health insurance, pensions, etc.
"Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
news:1141577288_2369@sp6iad.superfeed.net...
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
>
> Terry
>
>
> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
> news:u%6Of.25$Ys1.1150@news.uswest.net...
>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>> news:4408ef0a_1@newsfeed.slurp.net...
>>>I wonder how this will affect Jeep?
>>>
>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>
>> winchester, dana, so many others......this is what happens when you sell
>> your soul to china, one walmart basket full of chinese crap at a time.
>>
>> --
>> Nathan W. Collier
>> http://UtilityOffRoad.com
>> http://7SlotGrille.com
>> http://InlineDiesel.com
>> http://BighornRefrigeration.com
>> http://ConcealedCarryForum.com
>>
>>
>
>
>
> Posted Via Usenet.com Premium Usenet Newsgroup Services
> ----------------------------------------------------------
> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
> ----------------------------------------------------------
> http://www.usenet.com
#43
Guest
Posts: n/a
Re: Dana Corp files for bankruptcy
Half my Ford is made of components made in Mexico.
GM and Ford are in financial dire straits because their labor costs are out
of control, health insurance, pensions, etc.
"Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
news:1141577288_2369@sp6iad.superfeed.net...
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
>
> Terry
>
>
> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
> news:u%6Of.25$Ys1.1150@news.uswest.net...
>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>> news:4408ef0a_1@newsfeed.slurp.net...
>>>I wonder how this will affect Jeep?
>>>
>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>
>> winchester, dana, so many others......this is what happens when you sell
>> your soul to china, one walmart basket full of chinese crap at a time.
>>
>> --
>> Nathan W. Collier
>> http://UtilityOffRoad.com
>> http://7SlotGrille.com
>> http://InlineDiesel.com
>> http://BighornRefrigeration.com
>> http://ConcealedCarryForum.com
>>
>>
>
>
>
> Posted Via Usenet.com Premium Usenet Newsgroup Services
> ----------------------------------------------------------
> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
> ----------------------------------------------------------
> http://www.usenet.com
GM and Ford are in financial dire straits because their labor costs are out
of control, health insurance, pensions, etc.
"Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
news:1141577288_2369@sp6iad.superfeed.net...
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
>
> Terry
>
>
> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
> news:u%6Of.25$Ys1.1150@news.uswest.net...
>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>> news:4408ef0a_1@newsfeed.slurp.net...
>>>I wonder how this will affect Jeep?
>>>
>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>
>> winchester, dana, so many others......this is what happens when you sell
>> your soul to china, one walmart basket full of chinese crap at a time.
>>
>> --
>> Nathan W. Collier
>> http://UtilityOffRoad.com
>> http://7SlotGrille.com
>> http://InlineDiesel.com
>> http://BighornRefrigeration.com
>> http://ConcealedCarryForum.com
>>
>>
>
>
>
> Posted Via Usenet.com Premium Usenet Newsgroup Services
> ----------------------------------------------------------
> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
> ----------------------------------------------------------
> http://www.usenet.com
#44
Guest
Posts: n/a
Re: Dana Corp files for bankruptcy
Half my Ford is made of components made in Mexico.
GM and Ford are in financial dire straits because their labor costs are out
of control, health insurance, pensions, etc.
"Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
news:1141577288_2369@sp6iad.superfeed.net...
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
>
> Terry
>
>
> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
> news:u%6Of.25$Ys1.1150@news.uswest.net...
>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>> news:4408ef0a_1@newsfeed.slurp.net...
>>>I wonder how this will affect Jeep?
>>>
>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>
>> winchester, dana, so many others......this is what happens when you sell
>> your soul to china, one walmart basket full of chinese crap at a time.
>>
>> --
>> Nathan W. Collier
>> http://UtilityOffRoad.com
>> http://7SlotGrille.com
>> http://InlineDiesel.com
>> http://BighornRefrigeration.com
>> http://ConcealedCarryForum.com
>>
>>
>
>
>
> Posted Via Usenet.com Premium Usenet Newsgroup Services
> ----------------------------------------------------------
> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
> ----------------------------------------------------------
> http://www.usenet.com
GM and Ford are in financial dire straits because their labor costs are out
of control, health insurance, pensions, etc.
"Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
news:1141577288_2369@sp6iad.superfeed.net...
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
>
> Terry
>
>
> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
> news:u%6Of.25$Ys1.1150@news.uswest.net...
>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>> news:4408ef0a_1@newsfeed.slurp.net...
>>>I wonder how this will affect Jeep?
>>>
>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>
>> winchester, dana, so many others......this is what happens when you sell
>> your soul to china, one walmart basket full of chinese crap at a time.
>>
>> --
>> Nathan W. Collier
>> http://UtilityOffRoad.com
>> http://7SlotGrille.com
>> http://InlineDiesel.com
>> http://BighornRefrigeration.com
>> http://ConcealedCarryForum.com
>>
>>
>
>
>
> Posted Via Usenet.com Premium Usenet Newsgroup Services
> ----------------------------------------------------------
> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
> ----------------------------------------------------------
> http://www.usenet.com
#45
Guest
Posts: n/a
Re: Dana Corp files for bankruptcy
Half my Ford is made of components made in Mexico.
GM and Ford are in financial dire straits because their labor costs are out
of control, health insurance, pensions, etc.
"Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
news:1141577288_2369@sp6iad.superfeed.net...
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
>
> Terry
>
>
> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
> news:u%6Of.25$Ys1.1150@news.uswest.net...
>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>> news:4408ef0a_1@newsfeed.slurp.net...
>>>I wonder how this will affect Jeep?
>>>
>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>
>> winchester, dana, so many others......this is what happens when you sell
>> your soul to china, one walmart basket full of chinese crap at a time.
>>
>> --
>> Nathan W. Collier
>> http://UtilityOffRoad.com
>> http://7SlotGrille.com
>> http://InlineDiesel.com
>> http://BighornRefrigeration.com
>> http://ConcealedCarryForum.com
>>
>>
>
>
>
> Posted Via Usenet.com Premium Usenet Newsgroup Services
> ----------------------------------------------------------
> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
> ----------------------------------------------------------
> http://www.usenet.com
GM and Ford are in financial dire straits because their labor costs are out
of control, health insurance, pensions, etc.
"Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
news:1141577288_2369@sp6iad.superfeed.net...
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
>
> Terry
>
>
> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
> news:u%6Of.25$Ys1.1150@news.uswest.net...
>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>> news:4408ef0a_1@newsfeed.slurp.net...
>>>I wonder how this will affect Jeep?
>>>
>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>
>> winchester, dana, so many others......this is what happens when you sell
>> your soul to china, one walmart basket full of chinese crap at a time.
>>
>> --
>> Nathan W. Collier
>> http://UtilityOffRoad.com
>> http://7SlotGrille.com
>> http://InlineDiesel.com
>> http://BighornRefrigeration.com
>> http://ConcealedCarryForum.com
>>
>>
>
>
>
> Posted Via Usenet.com Premium Usenet Newsgroup Services
> ----------------------------------------------------------
> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
> ----------------------------------------------------------
> http://www.usenet.com
#46
Guest
Posts: n/a
Re: Dana Corp files for bankruptcy
The companies are in "dire straits" because of mismanagement and the greed
of the auto worker unions.
The auto executives have only looked at short term goals for, at least,
three decades now and have given little thought to the long term health of
their companies.
Their shortsightedness led to 10-15 years worth of cars that were only
occasionally capable of being made to run properly
I could also include their arrogance with their belief that consumers will
be happy with whatever they built but that is an other story.
Had the auto companies been financed and advised by 'professional'
financiers and not by bean counters, lawyers, and bankers concerned about
making that extra penny today then perhaps things might be different.
Had the auto workers not been in controlled by organized crime and in bed
with the communists things might have been different.
This came as no surprise to anyone as both sides understood each other
perfectly well. Both sides had officials whose sole duty was to devise ways
of screwing the other side but no one to promote cooperation.
The union workers have been making obscene wage and benefit packages for
decades and for a long time the auto consumer was willing and able to
support this excess. The unions are still concerned only with what they can
get in 'this' contract.... screw the companies long term health.
The executives are making obscene salaries and vote themselves huge bonuses
every year....... It makes perfect sense to me after all....this year they
lost 100 million dollars less than they did last year....
But management may not have been as incompetent as we believed. perhaps
they sought to intentionally run the company into bankrupsy. The court will
allow them to then break their contracts with the unions and the federal
government will take over the pensions and offer reduced benefits paid not
by the company but by the taxpayer. Of course..... the executive board will
then vote them even more extravagant bonuses and perks for returning their
company to financial health......
"Matt Macchiarolo" <matt@nospamplease.com> wrote in message
news:FOudnURAuZycgZbZRVn-og@comcast.com...
> Half my Ford is made of components made in Mexico.
>
> GM and Ford are in financial dire straits because their labor costs are
> out of control, health insurance, pensions, etc.
>
> "Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
> news:1141577288_2369@sp6iad.superfeed.net...
>> Yup, and GM & Ford because everybody in the country these days are
>> driving their pretty new Toyotas and Hondas. How easily people forget.
>> My old granddad would roll over in his grave if I ever bought a Jap.
>> auto.
>>
>> Terry
>>
>>
>> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
>> news:u%6Of.25$Ys1.1150@news.uswest.net...
>>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>>> news:4408ef0a_1@newsfeed.slurp.net...
>>>>I wonder how this will affect Jeep?
>>>>
>>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>>
>>> winchester, dana, so many others......this is what happens when you sell
>>> your soul to china, one walmart basket full of chinese crap at a time.
>>>
>>> --
>>> Nathan W. Collier
>>> http://UtilityOffRoad.com
>>> http://7SlotGrille.com
>>> http://InlineDiesel.com
>>> http://BighornRefrigeration.com
>>> http://ConcealedCarryForum.com
>>>
>>>
>>
>>
>>
>> Posted Via Usenet.com Premium Usenet Newsgroup Services
>> ----------------------------------------------------------
>> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
>> ----------------------------------------------------------
>> http://www.usenet.com
>
>
of the auto worker unions.
The auto executives have only looked at short term goals for, at least,
three decades now and have given little thought to the long term health of
their companies.
Their shortsightedness led to 10-15 years worth of cars that were only
occasionally capable of being made to run properly
I could also include their arrogance with their belief that consumers will
be happy with whatever they built but that is an other story.
Had the auto companies been financed and advised by 'professional'
financiers and not by bean counters, lawyers, and bankers concerned about
making that extra penny today then perhaps things might be different.
Had the auto workers not been in controlled by organized crime and in bed
with the communists things might have been different.
This came as no surprise to anyone as both sides understood each other
perfectly well. Both sides had officials whose sole duty was to devise ways
of screwing the other side but no one to promote cooperation.
The union workers have been making obscene wage and benefit packages for
decades and for a long time the auto consumer was willing and able to
support this excess. The unions are still concerned only with what they can
get in 'this' contract.... screw the companies long term health.
The executives are making obscene salaries and vote themselves huge bonuses
every year....... It makes perfect sense to me after all....this year they
lost 100 million dollars less than they did last year....
But management may not have been as incompetent as we believed. perhaps
they sought to intentionally run the company into bankrupsy. The court will
allow them to then break their contracts with the unions and the federal
government will take over the pensions and offer reduced benefits paid not
by the company but by the taxpayer. Of course..... the executive board will
then vote them even more extravagant bonuses and perks for returning their
company to financial health......
"Matt Macchiarolo" <matt@nospamplease.com> wrote in message
news:FOudnURAuZycgZbZRVn-og@comcast.com...
> Half my Ford is made of components made in Mexico.
>
> GM and Ford are in financial dire straits because their labor costs are
> out of control, health insurance, pensions, etc.
>
> "Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
> news:1141577288_2369@sp6iad.superfeed.net...
>> Yup, and GM & Ford because everybody in the country these days are
>> driving their pretty new Toyotas and Hondas. How easily people forget.
>> My old granddad would roll over in his grave if I ever bought a Jap.
>> auto.
>>
>> Terry
>>
>>
>> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
>> news:u%6Of.25$Ys1.1150@news.uswest.net...
>>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>>> news:4408ef0a_1@newsfeed.slurp.net...
>>>>I wonder how this will affect Jeep?
>>>>
>>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>>
>>> winchester, dana, so many others......this is what happens when you sell
>>> your soul to china, one walmart basket full of chinese crap at a time.
>>>
>>> --
>>> Nathan W. Collier
>>> http://UtilityOffRoad.com
>>> http://7SlotGrille.com
>>> http://InlineDiesel.com
>>> http://BighornRefrigeration.com
>>> http://ConcealedCarryForum.com
>>>
>>>
>>
>>
>>
>> Posted Via Usenet.com Premium Usenet Newsgroup Services
>> ----------------------------------------------------------
>> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
>> ----------------------------------------------------------
>> http://www.usenet.com
>
>
#47
Guest
Posts: n/a
Re: Dana Corp files for bankruptcy
The companies are in "dire straits" because of mismanagement and the greed
of the auto worker unions.
The auto executives have only looked at short term goals for, at least,
three decades now and have given little thought to the long term health of
their companies.
Their shortsightedness led to 10-15 years worth of cars that were only
occasionally capable of being made to run properly
I could also include their arrogance with their belief that consumers will
be happy with whatever they built but that is an other story.
Had the auto companies been financed and advised by 'professional'
financiers and not by bean counters, lawyers, and bankers concerned about
making that extra penny today then perhaps things might be different.
Had the auto workers not been in controlled by organized crime and in bed
with the communists things might have been different.
This came as no surprise to anyone as both sides understood each other
perfectly well. Both sides had officials whose sole duty was to devise ways
of screwing the other side but no one to promote cooperation.
The union workers have been making obscene wage and benefit packages for
decades and for a long time the auto consumer was willing and able to
support this excess. The unions are still concerned only with what they can
get in 'this' contract.... screw the companies long term health.
The executives are making obscene salaries and vote themselves huge bonuses
every year....... It makes perfect sense to me after all....this year they
lost 100 million dollars less than they did last year....
But management may not have been as incompetent as we believed. perhaps
they sought to intentionally run the company into bankrupsy. The court will
allow them to then break their contracts with the unions and the federal
government will take over the pensions and offer reduced benefits paid not
by the company but by the taxpayer. Of course..... the executive board will
then vote them even more extravagant bonuses and perks for returning their
company to financial health......
"Matt Macchiarolo" <matt@nospamplease.com> wrote in message
news:FOudnURAuZycgZbZRVn-og@comcast.com...
> Half my Ford is made of components made in Mexico.
>
> GM and Ford are in financial dire straits because their labor costs are
> out of control, health insurance, pensions, etc.
>
> "Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
> news:1141577288_2369@sp6iad.superfeed.net...
>> Yup, and GM & Ford because everybody in the country these days are
>> driving their pretty new Toyotas and Hondas. How easily people forget.
>> My old granddad would roll over in his grave if I ever bought a Jap.
>> auto.
>>
>> Terry
>>
>>
>> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
>> news:u%6Of.25$Ys1.1150@news.uswest.net...
>>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>>> news:4408ef0a_1@newsfeed.slurp.net...
>>>>I wonder how this will affect Jeep?
>>>>
>>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>>
>>> winchester, dana, so many others......this is what happens when you sell
>>> your soul to china, one walmart basket full of chinese crap at a time.
>>>
>>> --
>>> Nathan W. Collier
>>> http://UtilityOffRoad.com
>>> http://7SlotGrille.com
>>> http://InlineDiesel.com
>>> http://BighornRefrigeration.com
>>> http://ConcealedCarryForum.com
>>>
>>>
>>
>>
>>
>> Posted Via Usenet.com Premium Usenet Newsgroup Services
>> ----------------------------------------------------------
>> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
>> ----------------------------------------------------------
>> http://www.usenet.com
>
>
of the auto worker unions.
The auto executives have only looked at short term goals for, at least,
three decades now and have given little thought to the long term health of
their companies.
Their shortsightedness led to 10-15 years worth of cars that were only
occasionally capable of being made to run properly
I could also include their arrogance with their belief that consumers will
be happy with whatever they built but that is an other story.
Had the auto companies been financed and advised by 'professional'
financiers and not by bean counters, lawyers, and bankers concerned about
making that extra penny today then perhaps things might be different.
Had the auto workers not been in controlled by organized crime and in bed
with the communists things might have been different.
This came as no surprise to anyone as both sides understood each other
perfectly well. Both sides had officials whose sole duty was to devise ways
of screwing the other side but no one to promote cooperation.
The union workers have been making obscene wage and benefit packages for
decades and for a long time the auto consumer was willing and able to
support this excess. The unions are still concerned only with what they can
get in 'this' contract.... screw the companies long term health.
The executives are making obscene salaries and vote themselves huge bonuses
every year....... It makes perfect sense to me after all....this year they
lost 100 million dollars less than they did last year....
But management may not have been as incompetent as we believed. perhaps
they sought to intentionally run the company into bankrupsy. The court will
allow them to then break their contracts with the unions and the federal
government will take over the pensions and offer reduced benefits paid not
by the company but by the taxpayer. Of course..... the executive board will
then vote them even more extravagant bonuses and perks for returning their
company to financial health......
"Matt Macchiarolo" <matt@nospamplease.com> wrote in message
news:FOudnURAuZycgZbZRVn-og@comcast.com...
> Half my Ford is made of components made in Mexico.
>
> GM and Ford are in financial dire straits because their labor costs are
> out of control, health insurance, pensions, etc.
>
> "Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
> news:1141577288_2369@sp6iad.superfeed.net...
>> Yup, and GM & Ford because everybody in the country these days are
>> driving their pretty new Toyotas and Hondas. How easily people forget.
>> My old granddad would roll over in his grave if I ever bought a Jap.
>> auto.
>>
>> Terry
>>
>>
>> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
>> news:u%6Of.25$Ys1.1150@news.uswest.net...
>>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>>> news:4408ef0a_1@newsfeed.slurp.net...
>>>>I wonder how this will affect Jeep?
>>>>
>>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>>
>>> winchester, dana, so many others......this is what happens when you sell
>>> your soul to china, one walmart basket full of chinese crap at a time.
>>>
>>> --
>>> Nathan W. Collier
>>> http://UtilityOffRoad.com
>>> http://7SlotGrille.com
>>> http://InlineDiesel.com
>>> http://BighornRefrigeration.com
>>> http://ConcealedCarryForum.com
>>>
>>>
>>
>>
>>
>> Posted Via Usenet.com Premium Usenet Newsgroup Services
>> ----------------------------------------------------------
>> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
>> ----------------------------------------------------------
>> http://www.usenet.com
>
>
#48
Guest
Posts: n/a
Re: Dana Corp files for bankruptcy
The companies are in "dire straits" because of mismanagement and the greed
of the auto worker unions.
The auto executives have only looked at short term goals for, at least,
three decades now and have given little thought to the long term health of
their companies.
Their shortsightedness led to 10-15 years worth of cars that were only
occasionally capable of being made to run properly
I could also include their arrogance with their belief that consumers will
be happy with whatever they built but that is an other story.
Had the auto companies been financed and advised by 'professional'
financiers and not by bean counters, lawyers, and bankers concerned about
making that extra penny today then perhaps things might be different.
Had the auto workers not been in controlled by organized crime and in bed
with the communists things might have been different.
This came as no surprise to anyone as both sides understood each other
perfectly well. Both sides had officials whose sole duty was to devise ways
of screwing the other side but no one to promote cooperation.
The union workers have been making obscene wage and benefit packages for
decades and for a long time the auto consumer was willing and able to
support this excess. The unions are still concerned only with what they can
get in 'this' contract.... screw the companies long term health.
The executives are making obscene salaries and vote themselves huge bonuses
every year....... It makes perfect sense to me after all....this year they
lost 100 million dollars less than they did last year....
But management may not have been as incompetent as we believed. perhaps
they sought to intentionally run the company into bankrupsy. The court will
allow them to then break their contracts with the unions and the federal
government will take over the pensions and offer reduced benefits paid not
by the company but by the taxpayer. Of course..... the executive board will
then vote them even more extravagant bonuses and perks for returning their
company to financial health......
"Matt Macchiarolo" <matt@nospamplease.com> wrote in message
news:FOudnURAuZycgZbZRVn-og@comcast.com...
> Half my Ford is made of components made in Mexico.
>
> GM and Ford are in financial dire straits because their labor costs are
> out of control, health insurance, pensions, etc.
>
> "Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
> news:1141577288_2369@sp6iad.superfeed.net...
>> Yup, and GM & Ford because everybody in the country these days are
>> driving their pretty new Toyotas and Hondas. How easily people forget.
>> My old granddad would roll over in his grave if I ever bought a Jap.
>> auto.
>>
>> Terry
>>
>>
>> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
>> news:u%6Of.25$Ys1.1150@news.uswest.net...
>>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>>> news:4408ef0a_1@newsfeed.slurp.net...
>>>>I wonder how this will affect Jeep?
>>>>
>>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>>
>>> winchester, dana, so many others......this is what happens when you sell
>>> your soul to china, one walmart basket full of chinese crap at a time.
>>>
>>> --
>>> Nathan W. Collier
>>> http://UtilityOffRoad.com
>>> http://7SlotGrille.com
>>> http://InlineDiesel.com
>>> http://BighornRefrigeration.com
>>> http://ConcealedCarryForum.com
>>>
>>>
>>
>>
>>
>> Posted Via Usenet.com Premium Usenet Newsgroup Services
>> ----------------------------------------------------------
>> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
>> ----------------------------------------------------------
>> http://www.usenet.com
>
>
of the auto worker unions.
The auto executives have only looked at short term goals for, at least,
three decades now and have given little thought to the long term health of
their companies.
Their shortsightedness led to 10-15 years worth of cars that were only
occasionally capable of being made to run properly
I could also include their arrogance with their belief that consumers will
be happy with whatever they built but that is an other story.
Had the auto companies been financed and advised by 'professional'
financiers and not by bean counters, lawyers, and bankers concerned about
making that extra penny today then perhaps things might be different.
Had the auto workers not been in controlled by organized crime and in bed
with the communists things might have been different.
This came as no surprise to anyone as both sides understood each other
perfectly well. Both sides had officials whose sole duty was to devise ways
of screwing the other side but no one to promote cooperation.
The union workers have been making obscene wage and benefit packages for
decades and for a long time the auto consumer was willing and able to
support this excess. The unions are still concerned only with what they can
get in 'this' contract.... screw the companies long term health.
The executives are making obscene salaries and vote themselves huge bonuses
every year....... It makes perfect sense to me after all....this year they
lost 100 million dollars less than they did last year....
But management may not have been as incompetent as we believed. perhaps
they sought to intentionally run the company into bankrupsy. The court will
allow them to then break their contracts with the unions and the federal
government will take over the pensions and offer reduced benefits paid not
by the company but by the taxpayer. Of course..... the executive board will
then vote them even more extravagant bonuses and perks for returning their
company to financial health......
"Matt Macchiarolo" <matt@nospamplease.com> wrote in message
news:FOudnURAuZycgZbZRVn-og@comcast.com...
> Half my Ford is made of components made in Mexico.
>
> GM and Ford are in financial dire straits because their labor costs are
> out of control, health insurance, pensions, etc.
>
> "Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
> news:1141577288_2369@sp6iad.superfeed.net...
>> Yup, and GM & Ford because everybody in the country these days are
>> driving their pretty new Toyotas and Hondas. How easily people forget.
>> My old granddad would roll over in his grave if I ever bought a Jap.
>> auto.
>>
>> Terry
>>
>>
>> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
>> news:u%6Of.25$Ys1.1150@news.uswest.net...
>>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>>> news:4408ef0a_1@newsfeed.slurp.net...
>>>>I wonder how this will affect Jeep?
>>>>
>>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>>
>>> winchester, dana, so many others......this is what happens when you sell
>>> your soul to china, one walmart basket full of chinese crap at a time.
>>>
>>> --
>>> Nathan W. Collier
>>> http://UtilityOffRoad.com
>>> http://7SlotGrille.com
>>> http://InlineDiesel.com
>>> http://BighornRefrigeration.com
>>> http://ConcealedCarryForum.com
>>>
>>>
>>
>>
>>
>> Posted Via Usenet.com Premium Usenet Newsgroup Services
>> ----------------------------------------------------------
>> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
>> ----------------------------------------------------------
>> http://www.usenet.com
>
>
#49
Guest
Posts: n/a
Re: Dana Corp files for bankruptcy
The companies are in "dire straits" because of mismanagement and the greed
of the auto worker unions.
The auto executives have only looked at short term goals for, at least,
three decades now and have given little thought to the long term health of
their companies.
Their shortsightedness led to 10-15 years worth of cars that were only
occasionally capable of being made to run properly
I could also include their arrogance with their belief that consumers will
be happy with whatever they built but that is an other story.
Had the auto companies been financed and advised by 'professional'
financiers and not by bean counters, lawyers, and bankers concerned about
making that extra penny today then perhaps things might be different.
Had the auto workers not been in controlled by organized crime and in bed
with the communists things might have been different.
This came as no surprise to anyone as both sides understood each other
perfectly well. Both sides had officials whose sole duty was to devise ways
of screwing the other side but no one to promote cooperation.
The union workers have been making obscene wage and benefit packages for
decades and for a long time the auto consumer was willing and able to
support this excess. The unions are still concerned only with what they can
get in 'this' contract.... screw the companies long term health.
The executives are making obscene salaries and vote themselves huge bonuses
every year....... It makes perfect sense to me after all....this year they
lost 100 million dollars less than they did last year....
But management may not have been as incompetent as we believed. perhaps
they sought to intentionally run the company into bankrupsy. The court will
allow them to then break their contracts with the unions and the federal
government will take over the pensions and offer reduced benefits paid not
by the company but by the taxpayer. Of course..... the executive board will
then vote them even more extravagant bonuses and perks for returning their
company to financial health......
"Matt Macchiarolo" <matt@nospamplease.com> wrote in message
news:FOudnURAuZycgZbZRVn-og@comcast.com...
> Half my Ford is made of components made in Mexico.
>
> GM and Ford are in financial dire straits because their labor costs are
> out of control, health insurance, pensions, etc.
>
> "Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
> news:1141577288_2369@sp6iad.superfeed.net...
>> Yup, and GM & Ford because everybody in the country these days are
>> driving their pretty new Toyotas and Hondas. How easily people forget.
>> My old granddad would roll over in his grave if I ever bought a Jap.
>> auto.
>>
>> Terry
>>
>>
>> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
>> news:u%6Of.25$Ys1.1150@news.uswest.net...
>>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>>> news:4408ef0a_1@newsfeed.slurp.net...
>>>>I wonder how this will affect Jeep?
>>>>
>>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>>
>>> winchester, dana, so many others......this is what happens when you sell
>>> your soul to china, one walmart basket full of chinese crap at a time.
>>>
>>> --
>>> Nathan W. Collier
>>> http://UtilityOffRoad.com
>>> http://7SlotGrille.com
>>> http://InlineDiesel.com
>>> http://BighornRefrigeration.com
>>> http://ConcealedCarryForum.com
>>>
>>>
>>
>>
>>
>> Posted Via Usenet.com Premium Usenet Newsgroup Services
>> ----------------------------------------------------------
>> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
>> ----------------------------------------------------------
>> http://www.usenet.com
>
>
of the auto worker unions.
The auto executives have only looked at short term goals for, at least,
three decades now and have given little thought to the long term health of
their companies.
Their shortsightedness led to 10-15 years worth of cars that were only
occasionally capable of being made to run properly
I could also include their arrogance with their belief that consumers will
be happy with whatever they built but that is an other story.
Had the auto companies been financed and advised by 'professional'
financiers and not by bean counters, lawyers, and bankers concerned about
making that extra penny today then perhaps things might be different.
Had the auto workers not been in controlled by organized crime and in bed
with the communists things might have been different.
This came as no surprise to anyone as both sides understood each other
perfectly well. Both sides had officials whose sole duty was to devise ways
of screwing the other side but no one to promote cooperation.
The union workers have been making obscene wage and benefit packages for
decades and for a long time the auto consumer was willing and able to
support this excess. The unions are still concerned only with what they can
get in 'this' contract.... screw the companies long term health.
The executives are making obscene salaries and vote themselves huge bonuses
every year....... It makes perfect sense to me after all....this year they
lost 100 million dollars less than they did last year....
But management may not have been as incompetent as we believed. perhaps
they sought to intentionally run the company into bankrupsy. The court will
allow them to then break their contracts with the unions and the federal
government will take over the pensions and offer reduced benefits paid not
by the company but by the taxpayer. Of course..... the executive board will
then vote them even more extravagant bonuses and perks for returning their
company to financial health......
"Matt Macchiarolo" <matt@nospamplease.com> wrote in message
news:FOudnURAuZycgZbZRVn-og@comcast.com...
> Half my Ford is made of components made in Mexico.
>
> GM and Ford are in financial dire straits because their labor costs are
> out of control, health insurance, pensions, etc.
>
> "Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
> news:1141577288_2369@sp6iad.superfeed.net...
>> Yup, and GM & Ford because everybody in the country these days are
>> driving their pretty new Toyotas and Hondas. How easily people forget.
>> My old granddad would roll over in his grave if I ever bought a Jap.
>> auto.
>>
>> Terry
>>
>>
>> "Nathan W. Collier" <Nathan@NoSpam.com> wrote in message
>> news:u%6Of.25$Ys1.1150@news.uswest.net...
>>> "mabar" <xyzz4569@fastmail.fm> wrote in message
>>> news:4408ef0a_1@newsfeed.slurp.net...
>>>>I wonder how this will affect Jeep?
>>>>
>>>> http://quote.bloomberg.com/apps/news...fer=news_index
>>>
>>> winchester, dana, so many others......this is what happens when you sell
>>> your soul to china, one walmart basket full of chinese crap at a time.
>>>
>>> --
>>> Nathan W. Collier
>>> http://UtilityOffRoad.com
>>> http://7SlotGrille.com
>>> http://InlineDiesel.com
>>> http://BighornRefrigeration.com
>>> http://ConcealedCarryForum.com
>>>
>>>
>>
>>
>>
>> Posted Via Usenet.com Premium Usenet Newsgroup Services
>> ----------------------------------------------------------
>> ** SPEED ** RETENTION ** COMPLETION ** ANONYMITY **
>> ----------------------------------------------------------
>> http://www.usenet.com
>
>
#50
Guest
Posts: n/a
Re: Dana Corp files for bankruptcy
"Terry Jeffrey" <twjeffrey@hotmail.com> wrote in message
news:1141577288_2369@sp6iad.superfeed.net...
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
hi terry,
im gonna be in helena all day monday. any suggestions on locating rural
acerage? if you care to meet up for lunch (or just coffee) give me a call
(number listed on http://BighornRefrigeration.com).
--
Nathan W. Collier
http://UtilityOffRoad.com
http://7SlotGrille.com
http://InlineDiesel.com
http://BighornRefrigeration.com
http://ConcealedCarryForum.com
news:1141577288_2369@sp6iad.superfeed.net...
> Yup, and GM & Ford because everybody in the country these days are driving
> their pretty new Toyotas and Hondas. How easily people forget. My old
> granddad would roll over in his grave if I ever bought a Jap. auto.
hi terry,
im gonna be in helena all day monday. any suggestions on locating rural
acerage? if you care to meet up for lunch (or just coffee) give me a call
(number listed on http://BighornRefrigeration.com).
--
Nathan W. Collier
http://UtilityOffRoad.com
http://7SlotGrille.com
http://InlineDiesel.com
http://BighornRefrigeration.com
http://ConcealedCarryForum.com