pjprobie

Buy, Sell or Hold: GM's Too-Big-to-Fail Myth

They do not make 156,00 a year working on the line. This is BS. Remember, corporate America (Republicans) wanted business to cover health care. Now that we see this is a failure, they want the companies to go BK and walk.

What happens to the sick worker after 30 years on the line? Government health care? What happens to all the southern auto workers with no health care when that group ages? Government health care?

The wages are 8 to 10% of a car, and the productivity is one of the highest in the land.......what about the health care and benefits of AIG, Citi, WAMU and other banks?

These business writers could not last one shift on the line, and they hate labor and unions, even though the right to join a union in agreed on in the international declaration of human rights and is a "basic human right". He states "we have subsidized th unions for too long"...funny, they never say that about the 4000 billionaires or the 10% of the population that controls 80% of the nations wealth......

We are at the end of the Republican reign, just as we were in 1929....to many goods chasing too few dollars.... and his prescription is lets have all the workers make minimum wage....so they can buy even fewer cars.....

The UAW has agreed to take over the health care as well as move all new workers to 12.00 an hour with no pension and limited benefits. That happened last summer. Anyone (are you there Eddie64) who says they have not given is misinformed. Further, they are meeting to give even more as I write this.

What about trade barriers, transfer pricing, currency manipulation, and Asian government subsidies and government paid health care? What about Alabama giving hundreds of millions for the construction of new plants?

Is that all GM's fault too?