Rich No More

Jobs Are Obama's Job No. 1

I have 27 years with GM. I have had 14 job titles in 10 different locations around the country. All of them sales related in some way. A few common sense facts for you to digest.

1. A lexus (Toyota Made 100% in Japan) until recently had a $9,000 price advantage over a comparable Cadillac just on exchange rate.

2. We didn't build all these truck plants we have for fun or to jam them down consumers throats..........consu... wanted them. Last time I checked we still hold more market share in the US then any single company.

3. If 70% of our GDP is based on the consumer how can cutting wages and jobs be good for the economy? Wall Street says lower wages are good for inflation. And don't forget to strip out energy and food????

4. Quality isn't rocket science it just cost more......so we need cheap labor to get it.........refer to back to number 3.

5. Free unregulated markets have proven to work well based on current market conditions and melt downs?

6. In the history of man there has never been world peace and there is no such thing as free trade........period. Just look at the success the WTO has had! You need to cover your butt on both

7. Housing prices fell because they over built and most of all they priced them higher then a typical Wall Mart worker and lowered wage manufacturer worker (and fired wall street worker) can afford. Refer to number 3.

8. Nothing happens until something (not shadow somethings) is sold. You either have resources (oil etc) or you make something........Follo... the money around the globe to see who has/does what.

9. People are actually dying because they can't afford health care so we have decided profit is worth more than a life.

10. Most business school educators have never spent a day in a main street business.

11. I need a drink have a good week end

GM Slashes Benefits: One Bad Decision After Another

Wake up folks more to come! Can you say trade deficit? Free trade means to compete we don't give health care, pensions to any employees. Add, up until now artificlly low currency exhchange rates and we don't have a chance. We have seen what bad trade policies and lack of patriotism has done to oil pricies. Wait until China decides coffee makers need to cost $200.00 instead of $20. The new UAW contract slashed wages because it's what the Import plants in the U.S. pay them. Quality isn't rocket science it just cost money. giving unfair trade advantages to the imports allows them more to spend on tooling etc. Do you think the Chinese and Indians are growing their middle class and our's is shrinking because they are smarter than us? They are smart enough to take advantage of our stupid trade policies. Can you say Transfer of wealth?