Lazaris's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/294455/comments http://seekingalpha.com/article/140284-gm-bankruptcy-probability-using-options?source=feed#comment-522662 522662 Fri, 29 May 2009 09:11:06 -0400 http://seekingalpha.com/article/136356-gm-reverse-split-creates-problems-for-dow-jones?source=feed#comment-495426 495426 Fri, 08 May 2009 09:59:17 -0400 http://seekingalpha.com/article/134525-gm-debt-recovery-paints-a-scary-picture-for-private-investors?source=feed#comment-485070 485070 Fri, 01 May 2009 04:03:07 -0400 http://seekingalpha.com/article/131598-china-looks-to-electrify-our-cars?source=feed#comment-468785 468785 Buy American, even if it does cost you a few extra bucks !]]> Sun, 19 Apr 2009 15:28:40 -0400 Buy American, even if it does cost you a few extra bucks !]]> http://seekingalpha.com/article/131488-companies-risk-of-bankruptcy-audit-integrity?source=feed#comment-466925 466925 Is the idea of just taking away the health care and pensions of GM retirees, so that they will die off all the sooner and GM will become more profitable faster? Gm retirees are dieing off everyday. GM will be hugely profitable in the coming years with the new workforce making just $14.00 per hour.]]> Fri, 17 Apr 2009 14:33:40 -0400 Is the idea of just taking away the health care and pensions of GM retirees, so that they will die off all the sooner and GM will become more profitable faster? Gm retirees are dieing off everyday. GM will be hugely profitable in the coming years with the new workforce making just $14.00 per hour.]]> http://seekingalpha.com/article/129138-doubtful-that-chrysler-gm-will-avoid-bankruptcy?source=feed#comment-449484 449484 Thu, 02 Apr 2009 12:46:43 -0400 http://seekingalpha.com/article/128265-gm-execs-fill-up-on-the-taxpayer-s-dime?source=feed#comment-443452 443452 Sat, 28 Mar 2009 12:44:24 -0400 http://seekingalpha.com/article/123360-how-to-deal-with-the-automakers-crisis-in-confidence?source=feed#comment-407749 407749 Just take away the retirees pensions? ]]> Sun, 01 Mar 2009 09:56:29 -0500 Just take away the retirees pensions? ]]> http://seekingalpha.com/article/117002-texas-governor-5k-credit-for-plug-in-hybrids-to-mollify-overzealous-epa?source=feed#comment-368901 368901 laws and regulation.]]> Wed, 28 Jan 2009 13:44:40 -0500 laws and regulation.]]> http://seekingalpha.com/article/112065-gm-proves-there-is-an-alternative-to-bailouts?source=feed#comment-336649 336649 GM was well on its way in its re-structuring, with historic concessions given by the U.A.W. in the 2007 contract, agreeing to new hires being paid $14.00 per hour..well BELOW not only the "transplant" auto companies but what you can get at any factory, union or non-union, and taking over retiree health care.
Basically the union has already been busted!, They were busted in the 2007 contract., and the fruits of that would have started to been realized in 2010. GM has reduced its work force by 60,000 in the last few years as the old "dinosaurs" leave or retire. By 2010 most all of those with 25+ years would have been gone.
I agree, GM has a lot of "legacy" costs. But that can be expected, GM has been building vehicles in this country for 100 years, and have a lot of retirees. The "transplants" have only been building in this country for 15 years and thus have no retirees yet.
Would you just take the pensions and health care away from all the retirees? The "new" autoworkers will not have pensions and will have reduced health care.
Give the 2007 contract a chance to work its way into full implementation and you will see that the union has already been busted, and that the Big 3 will have a huge Advantage over the "transplants".
]]> Tue, 23 Dec 2008 11:25:46 -0500 GM was well on its way in its re-structuring, with historic concessions given by the U.A.W. in the 2007 contract, agreeing to new hires being paid $14.00 per hour..well BELOW not only the "transplant" auto companies but what you can get at any factory, union or non-union, and taking over retiree health care.
Basically the union has already been busted!, They were busted in the 2007 contract., and the fruits of that would have started to been realized in 2010. GM has reduced its work force by 60,000 in the last few years as the old "dinosaurs" leave or retire. By 2010 most all of those with 25+ years would have been gone.
I agree, GM has a lot of "legacy" costs. But that can be expected, GM has been building vehicles in this country for 100 years, and have a lot of retirees. The "transplants" have only been building in this country for 15 years and thus have no retirees yet.
Would you just take the pensions and health care away from all the retirees? The "new" autoworkers will not have pensions and will have reduced health care.
Give the 2007 contract a chance to work its way into full implementation and you will see that the union has already been busted, and that the Big 3 will have a huge Advantage over the "transplants".
]]> http://seekingalpha.com/article/110635-gm-natural-death-or-suicide?source=feed#comment-329308 329308 Sun, 14 Dec 2008 16:29:16 -0500 http://seekingalpha.com/article/110136-problems-that-detroit-bailout-i-doesn-t-address?source=feed#comment-325837 325837 But the Republicans are so bitter about losing the election, that the few remaining Repubs want to take it out on organized labor and the regular working people, (for whom they have never done anything for). This whole idea of wanting them to go into bankruptcy is just an attempt to break the Union, and screw the retirees.]]> Wed, 10 Dec 2008 16:24:56 -0500 But the Republicans are so bitter about losing the election, that the few remaining Repubs want to take it out on organized labor and the regular working people, (for whom they have never done anything for). This whole idea of wanting them to go into bankruptcy is just an attempt to break the Union, and screw the retirees.]]> http://seekingalpha.com/article/109571-as-gas-prices-fall-fuel-economy-loses-importance-to-auto-shoppers?source=feed#comment-323007 323007 This whole "auto bailout" has been co-opted by the environmentalists who see this as an opportunity to FORCE their agenda on the entire country, and the domestic automakers. This is social engineering at its best! It is analogous to the smoking laws and bans going into effect all over this country. The powers that be have been telling people to quit, but some just won't. So they are harassed, taxed, made to be pariahs and are generally looked down on. But this is still the land of the FREE right? Where we make our own life decisions? But if the decisions that "we" make (smoking, driving a hummer) don't jive with those in power, they will one way or anther, through taxation, or getting restrictive laws passed, force their agenda on the rest of us. The lawmakers and SeekingAlpha seem to think that "they" know what is best for us and the country, and that we are not "educated' enough to make our own decisions. ]]> Sun, 07 Dec 2008 11:54:22 -0500 This whole "auto bailout" has been co-opted by the environmentalists who see this as an opportunity to FORCE their agenda on the entire country, and the domestic automakers. This is social engineering at its best! It is analogous to the smoking laws and bans going into effect all over this country. The powers that be have been telling people to quit, but some just won't. So they are harassed, taxed, made to be pariahs and are generally looked down on. But this is still the land of the FREE right? Where we make our own life decisions? But if the decisions that "we" make (smoking, driving a hummer) don't jive with those in power, they will one way or anther, through taxation, or getting restrictive laws passed, force their agenda on the rest of us. The lawmakers and SeekingAlpha seem to think that "they" know what is best for us and the country, and that we are not "educated' enough to make our own decisions. ]]> http://seekingalpha.com/article/107845-detroit-s-big-three-and-the-democrats-economic-illiteracy?source=feed#comment-314447 314447 They have been building vehicles in this country for over 100 years. Toyota and Honda don't have many retirees because they haven't been building vehicles here long enough to have retirees. Most of GM's older workers are leaving and being replaced by $14.00 hour younger replacements.with much less benefits. Ten years down the road, the tables will be just the opposite, where Toyota and Honda will start to get a bunch of US retirees and GM's workforce will be younger and lower payed with fewer retirees. I suppose you want to take the health care from the retirees that punished their bodies for 30 plus years on that assembly line you little pencil pusher?]]> Tue, 25 Nov 2008 08:15:17 -0500 They have been building vehicles in this country for over 100 years. Toyota and Honda don't have many retirees because they haven't been building vehicles here long enough to have retirees. Most of GM's older workers are leaving and being replaced by $14.00 hour younger replacements.with much less benefits. Ten years down the road, the tables will be just the opposite, where Toyota and Honda will start to get a bunch of US retirees and GM's workforce will be younger and lower payed with fewer retirees. I suppose you want to take the health care from the retirees that punished their bodies for 30 plus years on that assembly line you little pencil pusher?]]> http://seekingalpha.com/article/106996-aid-for-the-automakers-you-decide?source=feed#comment-310819 310819 GM built millions of trucks and SUV's because people wanted them! Its not GM's fault that gas went to $4.00 plus and those people that wanted that SUV or truck can no longer afford to drive it. Do all you "green" people want the electric VOLT to die? GM is on the cutting edge of "green" and new technologies!
The UAW has agreed to a 50% wage cut for new hires, and is taking over the retiree health care in 2010.
This mess was created by wall street, GM was well on the way in their restructuring , and they were caught off guard just like EVERYONE was with the wall street meltdown. ]]> Thu, 20 Nov 2008 10:57:00 -0500 GM built millions of trucks and SUV's because people wanted them! Its not GM's fault that gas went to $4.00 plus and those people that wanted that SUV or truck can no longer afford to drive it. Do all you "green" people want the electric VOLT to die? GM is on the cutting edge of "green" and new technologies!
The UAW has agreed to a 50% wage cut for new hires, and is taking over the retiree health care in 2010.
This mess was created by wall street, GM was well on the way in their restructuring , and they were caught off guard just like EVERYONE was with the wall street meltdown. ]]> http://seekingalpha.com/article/106412-let-gm-fail?source=feed#comment-308245 308245

On Nov 17 04:04 PM dpro0102 wrote:

> "if maintained by government money, can only churn out even more
> cars that nobody wants or can afford to buy"
>
> Start out with that comment - and it makes you a Moron. Pure and
> simple. GM outsells all comers in North America. Cars that Americans
> are buying. It's funny how we can't stereotype people any longer
> - as it's been proven that - for instance - calling all poor people
> stupid isn't all that truthful. Taking out your wide tipped marker
> and painting all of GM's vehicles as being 'cars nobody wants to
> buy' shows the same sort of stereotyping ,and a lot of ignorance.
> Get over yourself, and stop attempting to pass off your opinion as
> fact. Opinions are most often not fact. Especially in the case of
> yours'.
>
> There are plenty of Americans that want to buy a GMC Acadia. There
> a tons of them that want to buy a Chevy Malibu. Quite a few want
> a Cadillac CTS. The Buick Enclave is selling very well, under 30
> days of inventory even in these market conditions. Their pick-ups
> and Tahoes/Suburbans are the best of their breed. Look at the here
> and now, and not the 90's when trying to sum up GM's product offerings.
> The here and now is impressive.]]> Mon, 17 Nov 2008 16:37:32 -0500

On Nov 17 04:04 PM dpro0102 wrote:

> "if maintained by government money, can only churn out even more
> cars that nobody wants or can afford to buy"
>
> Start out with that comment - and it makes you a Moron. Pure and
> simple. GM outsells all comers in North America. Cars that Americans
> are buying. It's funny how we can't stereotype people any longer
> - as it's been proven that - for instance - calling all poor people
> stupid isn't all that truthful. Taking out your wide tipped marker
> and painting all of GM's vehicles as being 'cars nobody wants to
> buy' shows the same sort of stereotyping ,and a lot of ignorance.
> Get over yourself, and stop attempting to pass off your opinion as
> fact. Opinions are most often not fact. Especially in the case of
> yours'.
>
> There are plenty of Americans that want to buy a GMC Acadia. There
> a tons of them that want to buy a Chevy Malibu. Quite a few want
> a Cadillac CTS. The Buick Enclave is selling very well, under 30
> days of inventory even in these market conditions. Their pick-ups
> and Tahoes/Suburbans are the best of their breed. Look at the here
> and now, and not the 90's when trying to sum up GM's product offerings.
> The here and now is impressive.]]> http://seekingalpha.com/article/106232-gm-bailout-would-be-agony-for-taxpayers?source=feed#comment-307378 307378 Hey John,
Do you think that after the UAW takes over the retiree health care, the wages go down to $14.00, and some benefits are taken away, that the price of that vehicle will go down one dime? Do you really think that a penny of all that cost savings is going to be passed on to the consumer? Dream on, all that cost savings will just go to more CEO pay and bonuses to management and to shareholders.
But you will sure be happy to see those autoworkers take that huge pay cut won't you?

On Nov 16 02:18 PM JohnL wrote:

> Hey lazaris,
>
> Let me get this straight: the UAW pushes up wages for their members,
> fights against right-to-work laws, wants a weaker dollar, tarriffs
> and other trade barriers to hinder the import of foreign cars. All
> resulting in higher costs for the cars that the rest of us Americans
> buy. And this has been going on for decades. Now, when the whole
> scam stops working, you want the rest of us to bail you out? And
> you have the nerve to claim that your union wages have somehow helped
> us all? Does believing that twisted logic help you sleep at night?

>
>
> Thanks, but I can't afford any more of your help.]]> Sun, 16 Nov 2008 16:33:06 -0500 Hey John,
Do you think that after the UAW takes over the retiree health care, the wages go down to $14.00, and some benefits are taken away, that the price of that vehicle will go down one dime? Do you really think that a penny of all that cost savings is going to be passed on to the consumer? Dream on, all that cost savings will just go to more CEO pay and bonuses to management and to shareholders.
But you will sure be happy to see those autoworkers take that huge pay cut won't you?

On Nov 16 02:18 PM JohnL wrote:

> Hey lazaris,
>
> Let me get this straight: the UAW pushes up wages for their members,
> fights against right-to-work laws, wants a weaker dollar, tarriffs
> and other trade barriers to hinder the import of foreign cars. All
> resulting in higher costs for the cars that the rest of us Americans
> buy. And this has been going on for decades. Now, when the whole
> scam stops working, you want the rest of us to bail you out? And
> you have the nerve to claim that your union wages have somehow helped
> us all? Does believing that twisted logic help you sleep at night?

>
>
> Thanks, but I can't afford any more of your help.]]> http://seekingalpha.com/article/106232-gm-bailout-would-be-agony-for-taxpayers?source=feed#comment-307127 307127 I am so sick and tired of hearing that GM's labor force makes $70 per hour, that is such a load of crap, and you know it.
I got another clue for you, GM was building what the consumer wanted...everybody and his brother wanted an SUV or a truck as their second or third vehicle, and GM made millions of them for them. It was not GM's fault that gas went to $4.00 plus and all of a sudden all those people that wanted that SUV coudn't afford to drive it anymore.
The UAW has already agreed to a 50% cut in wages for new employees , and the UAW will be taking over the retiree health care, so GM's labor and legacy costs have already been addressed.
Unions helped create the middle class in this country, which is disappearing just as fast as the Bank Bail-out money is.
When all those autoworkers are making $14.00 per hour, thats all the less that they will be able to spend where all you labor and union bashers work.
All this talk of "don't bailout GM" or "where is it all going to end" is nothing but a not so veiled attack on the workers and the unions in this country.
The Republicans are so bitter about losing the election, that they are going to take it out on labor unions, by blocking a GM bailout.]]> Sun, 16 Nov 2008 10:43:17 -0500 I am so sick and tired of hearing that GM's labor force makes $70 per hour, that is such a load of crap, and you know it.
I got another clue for you, GM was building what the consumer wanted...everybody and his brother wanted an SUV or a truck as their second or third vehicle, and GM made millions of them for them. It was not GM's fault that gas went to $4.00 plus and all of a sudden all those people that wanted that SUV coudn't afford to drive it anymore.
The UAW has already agreed to a 50% cut in wages for new employees , and the UAW will be taking over the retiree health care, so GM's labor and legacy costs have already been addressed.
Unions helped create the middle class in this country, which is disappearing just as fast as the Bank Bail-out money is.
When all those autoworkers are making $14.00 per hour, thats all the less that they will be able to spend where all you labor and union bashers work.
All this talk of "don't bailout GM" or "where is it all going to end" is nothing but a not so veiled attack on the workers and the unions in this country.
The Republicans are so bitter about losing the election, that they are going to take it out on labor unions, by blocking a GM bailout.]]> http://seekingalpha.com/article/105960-better-to-let-automakers-go-bankrupt?source=feed#comment-305763 305763 For your information, the U.A.W. has already agreed to all replacement workers wage to be reduced 50% to $14.00 per hour
and the the union is going to assume the retiree health care liability
(gm will pay into it then they are done with it) so GM's labor and legacy costs have already been addressed.
And when GM, Ford and Chrysler are paying half the wages, do you think ANY of that savings will be passed onto the consumer. The price of that vehicle wont go down a dime. All that savings will go into CEO bonuses, to the stockholders, etc...
But all you labor and union bashers will sure be happy won't you, to see us take that huge pay cut, that's all the less we will have to spend WHERE YOU WORK.
Oh, and by the way, labor unions helped create the middle class in this country, which is disappearing just as fast as the bailout money to the banks is.]]> Fri, 14 Nov 2008 01:28:12 -0500 For your information, the U.A.W. has already agreed to all replacement workers wage to be reduced 50% to $14.00 per hour
and the the union is going to assume the retiree health care liability
(gm will pay into it then they are done with it) so GM's labor and legacy costs have already been addressed.
And when GM, Ford and Chrysler are paying half the wages, do you think ANY of that savings will be passed onto the consumer. The price of that vehicle wont go down a dime. All that savings will go into CEO bonuses, to the stockholders, etc...
But all you labor and union bashers will sure be happy won't you, to see us take that huge pay cut, that's all the less we will have to spend WHERE YOU WORK.
Oh, and by the way, labor unions helped create the middle class in this country, which is disappearing just as fast as the bailout money to the banks is.]]> http://seekingalpha.com/article/104959-demand-more-for-your-auto-bailout-dollar-oil-patch-should-bounce-back-long-term?source=feed#comment-301195 301195 Sun, 09 Nov 2008 11:54:31 -0500