MILESCFA

Earnings Quality: Why It's So Important Now and Which Stocks Are Suspect

Is PWND reference suppose to be NDAQ!!!!!!!!!!!!!!!!!!...

The Humpty Dumpty Economy

On CNBC or Bloomberg showing a chart of total labor costs had the Big 3 (whoops, 2!) around $75/hr while the Asians were around $50. Detroit has older, more expensive AND MORE RETIRED workers. Here in the south, the auto workers are young and healthy and not yet retired.

The ONLY problem with management is they have NOT drastically cut back. How many brands does GM have now, 20, 30, 40... :-) ? As countires around the world have industrialized, they start car companies (and airlines); it's a vanity thing... and US management is just as vain.

On Nov 16 07:33 AM constructe wrote:

> 100% agree on your thoughts on the auto industry. However, wage is
> not the problem. Japan pays about 50% higher wages, makes more efficient,
> nicer, more reliable, and cheaper cars. Management is the problem.
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