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GM to cut 30,000 jobs
Reuters, Bloomberg | 21 Nov, 2005 | Self

Posted on 11/21/2005 5:34:36 AM PST by 12B

Breaking on Bloomberg and Reuters. GM will cut 30,000 jobs in massive restructuring. More....


TOPICS: Breaking News; Business/Economy
KEYWORDS: automakers; autoworkers; corporatewhores; generalmotors; gm; layoffs; uaw
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To: ken5050

Does recent history indicate that most of these sites will require extensive clean-up? I don't think that was a big issue when they closed the Ford plant in Edison, NJ a few years ago.


41 posted on 11/21/2005 6:13:31 AM PST by Alberta's Child (What it all boils down to is that no one's really got it figured out just yet.)
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To: hispanichoosier

I'm saddened that any UAW losses will be made up in spades by the government workers' unions.


42 posted on 11/21/2005 6:13:32 AM PST by printhead
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To: ken5050

Isn't that a brand of milk?


43 posted on 11/21/2005 6:14:25 AM PST by pepperdog
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To: KevinDavis
Bush's Fault.. Even though GM had problems way before Bush was in office.

Fine, then: Clinton's fault. 8^

44 posted on 11/21/2005 6:14:59 AM PST by BlueYonder
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To: Alberta's Child

Chees too. Drive the Lucerne, our cheesiest car yet.


45 posted on 11/21/2005 6:16:19 AM PST by sine_nomine (Every baby is a blessing from God, from the moment of conception.)
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To: conservativecorner
You know, you'd think these cheese meats would begin to understand the problems with demanding higher and higher wages and benefits.

It defies logic, but so does the Democrat party and their still around.

Union folks need to, at some point, realize, it is to your own peril to steal a company from it's owner. Say it with me...Iamtheemployee nottheowner....Iamtheemployee nottheowner....

Guess there are some greedy people who are going to get a good dose of poor.

46 posted on 11/21/2005 6:16:33 AM PST by ALWAYSWELDING
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To: Alberta's Child

When GM closed the Tarrytown NY plant...the environmental bugdet was several hundred mill...some of these palnts have been on the same site for 70-80 years.back then they just dumped the waste outside..then as the plants expanded, they poured concrete over it..but soil underneath is contaminated 10-20 feet down...


47 posted on 11/21/2005 6:16:51 AM PST by ken5050 (Ann Coulter needs to have children ASAP to pass on her gene pool....any volunteers?)
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To: ken5050
"we are cutting out BUICK.."

In Florida, we give wide berth to any and all Buicks. Guaranteed to be driven by very old folks with bad eyesight and slow reflexes.

48 posted on 11/21/2005 6:17:52 AM PST by NautiNurse
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To: mainepatsfan

UAW would rather have half the employees but with the same, over-inflated pay and benefits, rather than keep everyone working and lose a single dime in benefits or pay. THe union sees any loss of pay or benefits as a defeat and an insult to those hard-won labor agreements. It's pride over practicallity.


49 posted on 11/21/2005 6:17:54 AM PST by doc30 (Democrats are to morals what and Etch-A-Sketch is to Art.)
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To: 12B

Wonder if Toyota will buy them out?


50 posted on 11/21/2005 6:18:43 AM PST by joesnuffy (A camel once bit my sister...necessitating her untimely death..-Mullet Omar)
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To: 12B

GM offers too many types of cars. They need to scale back and increase quality. They are still better than Ford but cannot touch Honda or Toyota.

I bought 2 Honda's this year and sold my old Honda that had over 250K miles for a great price. I expect to run these two until the wheels fall off.

I do drive a Chevy Silverado ;) Can't bring myself to buy a foreign truck...


51 posted on 11/21/2005 6:18:45 AM PST by TSgt (Extreme vitriol and rancorous replies served daily. - Mike W USAF)
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To: NautiNurse

You and I are remember when GM's troubles started.when then firstput a Chevy engine inside Oldsmobiles....people used to buy Olds for the "RocketOlds " engines..


52 posted on 11/21/2005 6:20:08 AM PST by ken5050 (Ann Coulter needs to have children ASAP to pass on her gene pool....any volunteers?)
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To: doc30

They're killing the golden goose.


53 posted on 11/21/2005 6:20:48 AM PST by mainepatsfan
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To: joesnuffy

Who would want the liability that would come with the purchase?


54 posted on 11/21/2005 6:21:04 AM PST by conservativecorner
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To: conservativecorner

I bet you the execs will still take home their million dollar bonuses! Man is so sinful. He will cut 1,000 jobs for men who will no longer be able to feed their families, but keep the ONE job of the executive who makes the equivalent of those 1,000 men's salaries so he can maintain his 12K a year country club membership, pay $500.00 for dinners out with his wife and two children and all sorts of materialistic and gluttonous activities. I know why God says it is easier for a camel to pass through an eye of a needle than for a rich man to get into heaven.


55 posted on 11/21/2005 6:23:06 AM PST by Paved Paradise
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To: ken5050
I see. I'm wondering if the location of that site on the Hudson River made it particularly sensitive from an environmental standpoint.

Now that I think about it, I don't remember any serious environmental concerns when they built that Sharp headquarters on the site of the old Ford plant in Mahwah, NJ.

56 posted on 11/21/2005 6:24:15 AM PST by Alberta's Child (What it all boils down to is that no one's really got it figured out just yet.)
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To: Altair333
I smell a new Michael Moore movie in the works: "Rick and Me."

Please don't ever use the word "smell" in a sentence mentioning Myk Al-Moor!

57 posted on 11/21/2005 6:26:19 AM PST by TenthAmendmentChampion (The CIA launched a covert operation against the President when it sent Wilson to Niger!)
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To: Paved Paradise; All

Whatever comrade..


58 posted on 11/21/2005 6:26:28 AM PST by KevinDavis (http://www.cafepress.com/spacefuture)
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To: ken5050

The Lucerne? Isn't that alfalfa?


59 posted on 11/21/2005 6:26:55 AM PST by Lekker 1 ("Who the hell wants to hear actors talk?"- Harry M. Warner, Warner Bros., 1927)
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To: 12B
It has come full circle. Auto unions were the birth of health insurance - it was a means to provide a "benefit" that was not an actual pay raise. Of course, back then, health care was not so expensive. In fact, everyone paid as they went, or if a bill was high, made payments.

The presence of health insurance changed all that. When the "patient" perceived that they were not paying for their health care out of their own pocketbook, costs began their astronomic upward trend. Demand increased dramatically, and when prices zoomed upward, no one complained, no one comparison shopped, and everything just went out of control.

We would be so much better off if the concept of "health insurance" had never surfaced in this world.

60 posted on 11/21/2005 6:31:47 AM PST by PLK
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