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GM & Chrysler on the Brink -- Part 3

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  • #46
    Hell, my first lesson in english was in 69, so I may sound a bit old fashioned but probably still comprehensionable
    With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

    Steven Weinberg

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    • #47
      Comprehensible, even
      <Reverend> IRC is just multiplayer notepad.
      I like your SNOOPY POSTER! - While you Wait quote.

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      • #48
        Megan McArdle with a great write up on the entire issue for folks like Oerdin who have no clue:

        The Atlantic covers news, politics, culture, technology, health, and more, through its articles, podcasts, videos, and flagship magazine.


        The really miserable thing is that even a total bankruptcy may not be enough. Wipe out the shareholders, cut the bondholders to the bone, shuck the gold-plated medical benefits, toss out the UAW contracts, close the dealers--and we still may be left with companies that cannot make a profit without a now-defunct financing business based on ever-growing loans to ever-poorer credit risks. The Big Three, with the help of the UAW and all their other partners, has spent 25 years building a reputation for poor reliability and ugly cars. Brands matter. Once destroyed, they're very hard to repair in the best of times. These are not, quite, the best of times, are they?

        All the quibbling about whether people will buy a car from a bankrupt manufacturer seems to me to be largely beside the point. If people think the companies can't make it, they will act as if they're bankrupt, whether we use the "B" word or call it "Splendiferous Corporate Reorganization and Restructuring For Most Excellent People's Automotive Concerns". And right now, they've got very good reason to think that the Big Three can't make it.
        “I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
        - John 13:34-35 (NRSV)

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        • #49
          Originally posted by snoopy369
          Comprehensible, even


          Yeah, guess that my spelling ability at 5 in the morning after two bottles of wine is a bit weak.
          With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

          Steven Weinberg

          Comment


          • #50
            The UAW is already sending out messages that they won't stand for even the ridiculously easy terms that the Bush administration dished out.

            UAW's Sacrifices Look to Some Like Surrender

            For decades after its founding in 1935, the United Auto Workers stood as a powerful model for the American labor movement, an influential organization that historians credit with uplifting living standards for all working Americans.

            But with the announcement of the federal loan deal yesterday, the union found itself being forced into concessions that some described as tantamount to surrender.

            The $17.4 billion federal loan agreement does keep the domestic auto industry alive. But the terms of that loan also insist that the wages and benefits for union workers be lowered to "competitive" the average of nonunion workers, specifically, those at the U.S. plants of Nissan, Toyota and Honda.
            In a statement, UAW president Ron Gettelfinger said the loan "will keep the doors of America's factories open, keep Americans working and prevent the devastating economic consequences for millions of Americans."

            But, he noted, the union was disappointed that Bush "added unfair conditions singling out workers."
            But it is far from clear whether the Obama administration will hold the companies and the unions to those requirements. Democrats immediately signaled some opposition to the toughest provisions.

            At a news conference in Chicago yesterday, President-elect Barack Obama said that workers should not be the ones "taking all the hits" and that all stakeholders "are going to have to play a part in this process."
            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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            • #51
              The WaPo headline made me vomit.

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              • #52
                You have a weak stomach.
                12-17-10 Mohamed Bouazizi NEVER FORGET
                Stadtluft Macht Frei
                Killing it is the new killing it
                Ultima Ratio Regum

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                • #53
                  Originally posted by Kuciwalker
                  The WaPo headline made me vomit.
                  Surprise. Right from someone who claimed it's 'absurd' a bus driver would earn $50k.
                  In Soviet Russia, Fake borises YOU.

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                  • #54
                    $50k? Er, where is he driving this bus through? Mogadishu?
                    1011 1100
                    Pyrebound--a free online serial fantasy novel

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                    • #55
                      Originally posted by Naked Gents Rut
                      Oerdin is an idiot. We should be grateful he can read at all, even if he doesn't understand some of it.
                      At least he doesn't stoop to making personal attacks.

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                      • #56
                        Originally posted by Zkribbler


                        At least he doesn't stoop to making personal attacks.
                        You've never read his posts have you?
                        I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
                        For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

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                        • #57
                          Originally posted by Elok
                          $50k? Er, where is he driving this bus through? Mogadishu?


                          That is close to the starting salary in Copenhagen. I admit traffic sucks here but at least they aren't shot at
                          With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

                          Steven Weinberg

                          Comment


                          • #58
                            Originally posted by DinoDoc
                            You've never read his posts have you?
                            Yes. He tends to poke holes in silly arguments made by right winger, at which point they start calling him names.

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                            • #59
                              Originally posted by Zkribbler


                              Yes. He tends to poke holes in silly arguments made by right winger, at which point they start calling him names.
                              He may do that, but he also has a tendency to post silly arguments as he did here
                              With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

                              Steven Weinberg

                              Comment


                              • #60
                                Originally posted by Oncle Boris
                                Surprise. Right from someone who claimed it's 'absurd' a bus driver would earn $50k.
                                So wait, is your point that I tend to hold consistent opinions?

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