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Toyota, BMW, Hyundai Workers' Senators Oppose Rescue
11/17/08 | Alison Fitzgerald and Jonathan D. Salant

Posted on 11/17/2008 9:26:39 AM PST by TigerLikesRooster

Toyota, BMW, Hyundai Workers' Senators Oppose Rescue


TOPICS: Business/Economy; News/Current Events
KEYWORDS: 110th; automakers; bailout; big3; bmw; jeffsessions; jimdemint; johncornyn; jonkyl; opposition; richardshelby; toyota; unionmadejunk
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1 posted on 11/17/2008 9:26:42 AM PST by TigerLikesRooster
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To: TigerLikesRooster; PAR35; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ...

Ping!


2 posted on 11/17/2008 9:27:09 AM PST by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster

Duh. It wouldn’t surprise me if it’s against some of our trade agreements.


3 posted on 11/17/2008 9:28:11 AM PST by BGHater (The GOP, the new DNC.)
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To: TigerLikesRooster

why do the right thing when you can make a crappy car and still get bailed out


4 posted on 11/17/2008 9:30:38 AM PST by ari-freedom (So this is how Liberty dies... with thunderous applause)
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To: ari-freedom
I don't think GM's chief problem is crappy product. They make some decent vehicles, especially 1/2 ton and 3/4 ton trucks. GM's problem is legacy costs and unreasonable union contracts they should've never agreed to.

No bailout. A bailout to the Big 3 isn't a bailout to the car maker, it's a bailout to the union. I say let em twist in the wind.
5 posted on 11/17/2008 9:34:08 AM PST by JamesP81 (A loyal son of the great commonwealth of Kentucky)
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To: JamesP81

Let the Big 3 Eat Dirt if they have to. No more bailouts.

Period.


6 posted on 11/17/2008 9:39:06 AM PST by Qwackertoo
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To: TigerLikesRooster
"The UAW gave 99 percent of its $1.8 million in campaign donations to Democrats in this year's election."

We should all contact Republican Senators Richard Shelby and Jeff Sessions of Alabama, and James DeMint of South Carolina with encouragement and thanks for standing up against the bailout for the "big three"...and "cc" your own Congresscritters, no matter which party they are in.

Just say "NO" to automotive bailout. If they are failing, let them fail. The unions picked the party they wanted to support, and I say NO to using any of my money to support them when they fall backwards. THey should have kept the 1.8 million they gave the democrats.

Cockroaches all, feeding furiously until the lights come on, then, they scurry for cover.
7 posted on 11/17/2008 9:39:28 AM PST by FrankR (Where's Waldo ([W]here [A]re [L]egal [D]ocuments [O]bama? (i.e. birth certificate))
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To: JamesP81
Let'um twist in the wind like the crown used to hang pirates at the entrance to the harbor.

Some bygone traditions will come back if we pray.

Btw- they do make crap, crap compared to what they could make for just a few cents more here and a few cents more there.

Shame on them, read the book Car by Mary Walton.

She shows how even lives were lost by this penny pinchin' practice.

Shame, shame, get some rope, I'll find a tree.

8 posted on 11/17/2008 9:39:56 AM PST by norraad ("What light!">Blues Brothers)
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To: TigerLikesRooster
Toyota's wage costs to the company average $48 per hour; GM's average $73. These are U.S. rates in today's Pittsburgh Tribune Review Ralph Reiland column.

The Toyota worker may live in Kentucky or Tennessee where taxes are nowhere near as high as Michigan, but I doubt that the cost of living justifies the extra $25 per hour which the rest of us are supposed to chip in for the GM worker.

When are Oba Mao, George Soros, Warren Buffet and all the other rich liberals going to chip in to bring my wages up to at least Toyota standards?

9 posted on 11/17/2008 9:40:03 AM PST by Vigilanteman (Are there any men left in Washington? Or, are there only cowards? Ahmad Shah Massoud)
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To: TigerLikesRooster

Good. Hopefully these vastly superior car companies can kill the UAW bailout.


10 posted on 11/17/2008 9:42:03 AM PST by pnh102 (Save America - Ban Ethanol Now!)
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To: TigerLikesRooster

Hopefully Wicker and Cochran can remember Nissan in Canton MS, and the new Toyota plant going in at Tupelo MS.......


11 posted on 11/17/2008 9:43:42 AM PST by Sybeck1 (Million Minuteman March (Spring 2009))
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To: TigerLikesRooster
One of the things parties do is deliver to their supporters. The UAW hit the streets for the dems big time this election cycle, and expect consideration in return. I can imagine that they'd be wiped out if the 'Big Three' reorganized. Keep close track of who votes for what in the next year or so. Act accordingly.
12 posted on 11/17/2008 9:46:45 AM PST by Skid Marx
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To: TigerLikesRooster

All these companies are proving how you can make good quality cars without having to go bankrupt.... and they’re doing it in the Big 3’s backyard everyday and more importantly, without the unions.

Toyota, Honda, Kia, Hyundai, Nissan, Mercedes, and BMW are all examples of how to make cars for profitable companies without the anchor of unions dragging them down.


13 posted on 11/17/2008 9:46:50 AM PST by L.McCullen (Oh, it's going to hurt alright, it's going to be painful!)
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To: L.McCullen

Don’t forget Volkswagen.

http://news.bbc.co.uk/1/hi/business/7508625.stm


14 posted on 11/17/2008 9:51:45 AM PST by Jim Hill
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To: Sybeck1
> Hopefully Wicker and Cochran can remember Nissan in Canton MS, and the new Toyota plant going in at Tupelo MS <

You absolutely don't need to worry about it. Even if they weren't already conservative enough, Wicker and Cochran were both born in Pontotoc County -- one of the three counties involved with the new Toyota plant!

(The plant is located where Union, Pontotoc and Lee Counties come together.)

15 posted on 11/17/2008 9:52:11 AM PST by Hawthorn
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To: TigerLikesRooster
Realistic "CHANGE we can believe in"

50% cut in wages, pension, health care, no CEO bonuses for 6-12 months, then we'll see where they're at.

No "no consequences for bad decisions" bail-out. None.

Bankruptcy, meaning throw out all contracts, renegotiate wages, benefits. New business model which includes scaling down models, overhead, cut costs to the bone.

Welcome to the party, pal.

16 posted on 11/17/2008 9:58:46 AM PST by RckyRaCoCo (LIBERAL MEDIA PICKS GOP CANDIDATE STORY AT 11:00!)
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To: JamesP81

Is that why they had to recall all those trucks for the tailgate falling off. But it is not only a GM problem, my ford hinge broke as well.


17 posted on 11/17/2008 10:06:53 AM PST by org.whodat (Conservatives don't vote for Bailouts! Republicans do!)
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To: JamesP81

their cars sell well in europe but they can’t sell them here because of the CAFE regulations.
If the goal is to encourage fuel efficiency (a worthy goal to reduce dependency on foreign oil), then the best way to achieve this is by giving a tax break to car companies if they sell more fuel efficient cars.


18 posted on 11/17/2008 10:16:31 AM PST by ari-freedom (So this is how Liberty dies... with thunderous applause)
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To: JamesP81

“I don’t think GM’s chief problem is crappy product. They make some decent vehicles, especially 1/2 ton and 3/4 ton trucks. GM’s problem is legacy costs and unreasonable union contracts they should’ve never agreed to.”

The biggest problem isn’t a crappy product today, though they are far from class leading in most segments. The problem is decades of crap. Bad cars in the past, in particular during the 70s and 80s, are what allowed the Japanese to take over many key segments. The people who switched are now happy and it’ll be hard to win them back.


19 posted on 11/17/2008 10:21:43 AM PST by DemonDeac
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To: TigerLikesRooster
The biggest problem with a bailout is that there is no reason to think it will fix anything. If we dole out $25B now the car companies will be back in 6 months looking for the next installment.

The proposed financial help will do nothing but briefly postpone the inevitable. GM and Ford are burning through cash at an incredible rate. The weak economy and reduced demand only makes it worse.

The bailout is pure political pork.

20 posted on 11/17/2008 10:29:08 AM PST by Senator_Blutarski (No good deed goes unpunished.)
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