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Delphi bankrupt; GM to Follow; the CEO Speaks

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  • #16
    They'll die.

    Optimization
    urgh.NSFW

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    • #17
      $0 contribution, $0 pension. With some exceptions (the disabled), that's the way it is now anyway.
      I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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      • #18
        Originally posted by DanS
        $0 contribution, $0 pension.
        So. What do these people do when they're too old to work?
        "I have been reading up on the universe and have come to the conclusion that the universe is a good thing." -- Dissident
        "I never had the need to have a boner." -- Dissident
        "I have never cut off my penis when I was upset over a girl." -- Dis

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        • #19
          Who are these hypothetical people who don't work a day in their lives, and don't have a husband/wife contributing for them, while not being disabled? Do you know any?
          I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

          Comment


          • #20
            I don't generally quote myself, but this begs for it...

            Originally posted by Az
            They'll die.

            Optimization
            urgh.NSFW

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            • #21
              Originally posted by DanS
              Who are these hypothetical people who don't work a day in their lives, and don't have a husband contributing, while not being disabled? Do you know any?
              I am talking about people who can't save money on a pension plan because they're overburdened with debt. They can work their ass off and still crumble under debt.

              Those suffering from overdebt are actually a fairly sizeable part of the French society (400,000 families), and I don't doubt there are many in the US too.

              I'm talking about real people here. What do these real people do when they're too old to work, and get zero as a pension?
              "I have been reading up on the universe and have come to the conclusion that the universe is a good thing." -- Dissident
              "I never had the need to have a boner." -- Dissident
              "I have never cut off my penis when I was upset over a girl." -- Dis

              Comment


              • #22
                they start the revolution

                JM
                Jon Miller-
                I AM.CANADIAN
                GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.

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                • #23
                  Originally posted by DanS
                  For all of their faults, the Frenchies breed better than most.

                  It would be a shame if this thread turned into a Bush social security reform debate.
                  Do not attempt to fight the inevitable.

                  If it's any consolation: I found it a sober analysis, and a dignified speech.
                  DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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                  • #24
                    I was just listening to NPR and they were saying that Delphi could stiff GM on up to $12 billion for parts delivered to Delphi but never paid. It gets worse, under the terms of the spin off contract if Delphi went bankrupt in the first 8 years after the spin off then GM owed all the workers for their pensions. That cost is estimated at an additional $12 billion.

                    GM is now on the hook for $23.5 billion just from this one action.
                    Try http://wordforge.net/index.php for discussion and debate.

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                    • #25
                      I am talking about people who can't save money on a pension plan
                      Force them to save. No sweat. An equivalent is done already with taxation.
                      I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

                      Comment


                      • #26
                        Originally posted by Colon
                        If it's any consolation: I found it a sober analysis, and a dignified speech.
                        I agree.
                        I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

                        Comment


                        • #27
                          If you think that the USA will have problems with an ageing population, then you've got to look at Japan. They're going to be sooooooooooooo ****ed. They have one of the lowest birth rates in the world and very low immigration compared to America or Europe...
                          Stop Quoting Ben

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                          • #28
                            How can I be of service then?

                            I can increase the population while adding good looks and heigth to the gene pool...



                            I'd hit it BONZAI STYLE BEYOTCH!!!!!!!!
                            We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham Lincoln

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                            • #29
                              I am fully willing to enlist too.

                              "Az - Demographic Problems solutions Inc."
                              urgh.NSFW

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                              • #30
                                Originally posted by Spiffor

                                I am talking about people who can't save money on a pension plan because they're overburdened with debt. They can work their ass off and still crumble under debt.

                                Those suffering from overdebt are actually a fairly sizeable part of the French society (400,000 families), and I don't doubt there are many in the US too.

                                I'm talking about real people here. What do these real people do when they're too old to work, and get zero as a pension?
                                Their debt is their own problem , which they brought upon themselves . As you sow , so shall you reap .

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