GM Pensions Are Fully Funded

Payday loan

Hi guys. Music is essentially useless, as life is.

I am from Mozambique and also am speaking English, please tell me right I wrote the following sentence: "With asda travel, it is all about choice at superb value prices."

Best regards :o, Sumi.

Sumi of CO @ Apr 04, 2009 09:27:20 AM

Profits

Both Toyota and Gm are global competitors.The difference is that Toyota like the rest of these foreign transplants are foreign government subsidized on a huge silent scale.GM lost more money due to hefty ongoing decades long losses in Europe not just in the U.S.and elsewhere.Beyond that their management is the only entity authorized in making product and marketing decisions....something the UAW has absolutely nothing to do with or control over.It is not the fault of the UAW that management makes bad product and/or engineering decisions or mis-markets it's products.A habit that fails to get honorable mention everytime analysts and others complain about the unions.These complaints are consistently misplaced.In the future this industry will only get more difficult as markets get ever more saturated with appliance like products and then no one will benefit...A Proud 30 Year UAW Member

Steve M. of TN @ Mar 12, 2009 04:30:14 AM

health care

I am shocked, at the post's on this thread, all seem to say down with the salaried worker's,all hourly desrve and worked for there's. saleried people dont do didlly.i worked on the line plant 8 pontiac moters,for a few years before i became heavy equipment operator,that to was a hard job but i loved it.both my grandfather, and father weregeneral formen for skilled trades at the old heavy truck plant GMC,formerly knoiwn as truck and bus,now they make pickup trucks,and tore down every reminder of old.being in skilled trades means 40 years before retirement not 30,that is because it was harder to find people that are educated.you guys forget your general formen went to college for 4 years.plus the are allways sending them to product update seminars,and come model change.while hourly is of with pay they are working there butts off to make sure everthing is a success,they did not get no free car.and everyone i ever meet allways has an amusing, and funny story at times how dad would keep people working, and isnt that what it's all about being are brothers keeper?the majority of these posts are shocking and maybe even frightening!

Kurt of MI @ Feb 28, 2009 06:52:46 AM

retirement benefits for those already retired

what is the prognosis of those that are retired already and have pensions. Are they going to take a cut if bankruptcy, or is it just those who have not retired yet?

J Riggs of FL @ Feb 18, 2009 12:06:40 PM

WHAT HAPPENED HERE?

What a bunch of Bull.

The Unions have kept automakers salaries, benefits and now retirement benefits out of line--NO WONDER THE BIG 3 ARE NOW BEGGING FOR HELP FROM THE TAXPAYERS

-----How long did it take the CEOs to realize this was going to happen? DUH!!!!--- too long???

I am on Social Security and pay over

$300 per month for medicare,and suppliments. What does a retired big 3 employee pay?

--Plus, they and their spouse have much

better benefits than an ordinary Senior. I know of someone who had a stroke. The suppliment from one of the big 3

paid for over 6 months in a hospital. WOAH!! with Medicare and most suppliments, the rest of us would be checking into a nursing home long before 6 months.

Just unreal, how intellegent does one need to be

to realize what was and is happening here.

I doubt there will ever be an end to bailouts

until the good ole

USA is bankrupt, which probably isn't too far in the future. Realy Sad!!!

Janie Doe of IL @ Feb 17, 2009 12:58:32 PM

Retired GM Worker

I retired from GM in 1997. I looked at what was offered and made a decision that I could survive on the amount of money that I was to receive each month. I was a good loyal union member who paid union dues every month and still pay union dues and do so with great pride. My early memoirs of working at GM was in the sixties. I remember many salary workers would order a new car every six months and at the end of six month they would sell it to some family member, friend are maybe even a union worker and they always made money. That is only one of the many perks that salary workers enjoyed. You can bitch and moan and blame the unions for the down fall of the auto makers if you want to. I blame the high cost of gasoline and the Bush administration who set the policies that have us in this situation we are in today.

Edward Leveridge of IN @ Jan 31, 2009 19:26:46 PM

Profits - please explain this?

Competition is the bottom line. If you cannot compete with a competitor you lose. If you don't do something about it you continue to lose. This is simple commone sense.

Can one UAW member explain the reason for the following

FACTS:

In 2007 Toyota sold 9.3 million vehicles. GM also sold 9.3 million vehicles. Toyota made 13 billion dollars. GM lost 30 some billion. NOW no matter what excuse you come up with the bottom line is if you can't compete you lose..........period. I can guarantee you all that GM will again, before 2009 is over be asking the government for more money and if they don't get it they in-fact will declare chapter 11. Without re-negotiation of a contract nothing will change. End of story, like it or not. You folks have a choice; accept a drastic change or lose your pensions, benefits, jobs and one of the greatest auto companies that ever existed. Sad but true.

Wally of OH @ Jan 09, 2009 12:40:38 PM

Job Bank and Salary Discontinuation of COL

In the 80's GM agreed to the job bank demand. This was an absolutely outrageous demand and yet our financial people (the condescending jackasses that they are) agreed to this travesty. During the same time they took cost of living from the Salary work force which never came back. Every time there was a downturn in the industry they took more from the salary people, but never the UAW. After 40 years working with GM I learned a lot. I would say that 50% of the UAW people were hard working, caring individuals and yes the other 50% lazy slackers who got away with murder. I can assure you that if the truth be told thousands upon thousands of salary and union workers would agree with me. So yes maybe I am a salary whiner but many of you should be ashamed to even take a pension.

To those of you auto workers that made the once great corporation great, thank you.....to the other half grow up before the end of your life...you may be surprised.

Victor Cummings of OH @ Jan 08, 2009 14:45:24 PM