Odd, the Japanese companies who build cars in the USA in non-union
shops seem to be doing OK and their employees are not starving.
Hmmmmm.
Perhaps paying massive pensions to no-longer-working employees
is not good business-economics?
Who wudda thot it so ... :-/
In what successful enterprises are other businesses equally upside-down
on labor costs due to massive pensions and other atypical costs?
Even within the USA auto industry compare Ford to Chrysler and GM and
see that Ford is less upside-down and thus more financially stable.
But we drift off-topic ...
>
>
>> ridiculous labor contracts
>>
>
> Yeah, those production line workers sure don't need or deserve the
> money to feed and educate their kids. Let them go into bread lines.
> Give it to the executives who ran these companies into the ground,
> the investment geniuses who stole our retirements, and to the
> middle-men who import stuff made by kids for coolie wages.
>
> 73,
>
> Jim K9YC
>
>
--
Thanks! & 73, doc, KD4E
FS/Swap/Wanted: http://kd4e.com/swapn.html
Free OS : http://www.PuppyLinux.com
Personal: http://kd4e.com
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