GM's union recovering after stock sale....

[mr.prick]

....Taxpayers and investors not as fortunate as UAW.

Who is buying the stock?

[GAMEOVER]

I thought they had gotten rid of the UNION...Payed them off or something!!!

[mr.prick]

No, No, No.
The Guvment gave or made GM give the union tons of stock.

"Got rid of the Union", what have you been smoking?
The bailout & bankruptcy was specifically set up to keep & even strengthen the UAW.

If GM closed it's doors, the UAW would have been severely cut down.
That's what was most troubling to the Politicians.

[GAMEOVER]

WOW!!! So they kept the Union, gave them shitty stock, and now that stock is making money...:(
Who's buying the stock?

[GMPX]

Because the British car companies did so well back in the 70's with the unions dictating the show

[Chevy366]

God don't get me started on the pond scum UAW and how they took from America to save their sorry butts .
$75 a hour and golden benefits ( $5 prescriptions, $5 dollar co-pay , $5 a month premium $10 for a family , and all they do is one part of a automobile and get payed more than a college professor , and they think they deserve that and demand more , 100 years ago the UAW might have been a good thing ( seeing Ford fought the Unionization of Ford , he payed his workers well without the Unions crap ) , it is now the 21st century Unions are old antiquated dinosaurs time to bury them .
I remember my granddad telling how Union Member would beat , murder and terrorize people and families just to get you to sign up , sounds like a group I would not want to be part of , kind of a gang/mobster thing huh .
End of rant !

[Chevy366]

WOW!!! So they kept the Union, gave them shitty stock, and now that stock is making money...:(
Who's buying the stock?

China !

[GMPX]

$75 a hour and golden benefits ( $5 prescriptions, $5 dollar co-pay , $5 a month premium $10 for a family

Wow, that is amazing.

[GAMEOVER]

What a mess!!! How can a company let it get out of control like that!
$75 an hour...Holy crap....

[Chevy366]

It is actually $71 an hour but I rounded up , versus $49 for nonunion plants , $22 and hour difference , and adds thousands (3 to 4) to a new auto .
Just think there are a lot of us here that can build a car form scratch and do a pretty good job of it , more skilled than a UAW worker , you bet you , paid as well as a UAW worker , nope .
A auto worker does not deserve to be put on a pedestal , for God sakes they just build cars .
Society needs to change their perspective on autos , they are not the marvel they once were back in the horse and buggy days , they are as common as a toaster now .
Watched people in a welfare line drive up in BMW , Mercedes , Lexus , Cadillac , so cars are no longer for the rich , status symbol , anyone can own a higher end car for the right monthly payment .
God more ranting .