View Full Version : I am sick of
CEO's crying for money but blowing it likes it's tap water!
The auto industry is begging for money ATM, fine on the surface I'd rather see the auto industry emerge than some of these corrupt banks. What pisses me off however is these CEO's who still making millions yearly, one they reported came in on a private jet at the cost of $20,000.00 just to come to Washington!
WTF that's simply insane. They need money so bad but they wont take cuts themselves in perks or pay! How about the execs work for free for a few years to get the business back up? Small business owners often have to have years where they lose money!
Juiced
11-19-2008, 11:40 AM
I work in the auto industry , And we AGREE GRIM !!!!
I work in the auto industry , And we AGREE GRIM !!!!
Yeah I was actually thinking of you when I posted that ;)
Of course the execs want you boys to give up your hard earned beanies and pay I'm sure though.
agentsmith
11-19-2008, 11:42 AM
CEO's crying for money but blowing it likes it's tap water!
The auto industry is begging for money ATM, fine on the surface I'd rather see the auto industry emerge than some of these corrupt banks. What pisses me off however is these CEO's who still making millions yearly, one they reported came in on a private jet at the cost of $20,000.00 just to come to Washington!
WTF that's simply insane. They need money so bad but they wont take cuts themselves in perks or pay! How about the execs work for free for a few years to get the business back up? Small business owners often have to have years where they lose money!I agree but its the unions that have drove the auto industry in the ground. Its cost 73$ an hr. per worker compared to 43$ for toyota...nobody wants to ackowlegde the 800lb gorilla in the room
I agree but its the unions that have drove the auto industry in the ground. Its cost 73$ an hr. per worker compared to 43$ for toyota...nobody wants to ackowlegde the 800lb gorilla in the room
Yes I did think of the costs of the employee as well into the equation, I do think there is 'foul play' on both sides of the fence.
In any event I firmly believe in those at the top taking a hit if they are not profiting before those at the bottom do.
A mix of both cuts on the bottom and huge cuts at the top might be in order. I'm sure it would be much easier to swallow for those at the bottom to take some form of a freeze/cut in order to keep their jobs if the execs also suffer and tighten up their belt as well.
agentsmith
11-19-2008, 11:54 AM
Yes I did think of the costs of the employee as well into the equation, I do think there is 'foul play' on both sides of the fence.
In any event I firmly believe in those at the top taking a hit if they are not profiting before those at the bottom do.
A mix of both cuts on the bottom and huge cuts at the top might be in order. I'm sure it would be much easier to swallow for those at the bottom to take some form of a freeze/cut in order to keep their jobs if the execs also suffer and tighten up their belt as well.agreed, and I'm sure union boss's are right behind the execs money wise and are at the golf courses while their union members are striking (demanding more and more and demanding their selves right out of a job)
Juiced
11-19-2008, 03:06 PM
I agree but its the unions that have drove the auto industry in the ground. Its cost 73$ an hr. per worker compared to 43$ for toyota...nobody wants to ackowlegde the 800lb gorilla in the room
AS this is an untruth !! I dont make this , I get an earning certificate at the end of the year . Maybe 52 an hour when its said and done.
BIG-K
11-19-2008, 04:29 PM
$52.00 an hour..................No way man.
$52.00 an hour..................No way man.
More than likely that's all beanies and shit included, correct?
Juiced
11-19-2008, 06:13 PM
More than likely that's all beanies and shit included, correct?
Correct , Thats all the ins, and retirement added in . I make about 52000 a year.
BIG-K
11-19-2008, 06:47 PM
OH well hell thats not bad I make 80.000 a year. Never mind your not over paid. I did hear some of the ceo's said they would take $1 dollar for their salary for a year.
Buck Wild
11-19-2008, 08:36 PM
If things keep headin in the bad direction Juiced you may be lookin for a new job. I really hope not but its not lookin good for you guys over there. I am doin all i can i own and drive all fords minus one work van i bought off a guy for a steal.
Juiced
11-20-2008, 08:01 AM
We just got news today that since Ford sold of its commanding share of Mazda , They want their FlatRock plant back. Which is where the Mustang is built. Word on the streets is , They are going to move that to Detroit and give us total production of the F-150. VERY GOOD NEWS !!!! If I can just make it to the end of my schooling.
We just got news today that since Ford sold of its commanding share of Mazda , They want their FlatRock plant back. Which is where the Mustang is built. Word on the streets is , They are going to move that to Detroit and give us total production of the F-150. VERY GOOD NEWS !!!! If I can just make it to the end of my schooling.
They did sell their share of Mazda, oopsie Buck I was wrong at DBB :o
Buck Wild
11-20-2008, 12:43 PM
They did sell their share of Mazda, oopsie Buck I was wrong at DBB :o
No you were right they at least owned them at one time.
Juiced
11-20-2008, 02:09 PM
They now only own 13% of them . They are no longer a controling factor.
Canuck01
11-20-2008, 03:09 PM
I agree with you Grim, it's insane some of the perks these guys get. Mangament level & above get free cars and insurance not only for themselves but their spouse. i have a friend at GM who gets $1500 a year towards his kids college tuition and two weeks ago 12 or 14 chrysler execs got between $1 million and $1.8 million. if they started cleaning house years ago by cutting some "perks" things might not be so bad now. some talking heads are saying if they go bankrupt they can start over without the unions etc. a bailout sounds like it would be a bandaid in pushing back the inevitable. the people who took buyouts last year must be thanking their lucky stars.
Juiced
11-20-2008, 04:13 PM
Ford is still offering buyouts. We are in the best position out of the "Big 3 " To move ahead should we get the bailout.
agentsmith
11-21-2008, 12:34 AM
AS this is an untruth !! I dont make this , I get an earning certificate at the end of the year . Maybe 52 an hour when its said and done.I should clarify myself ...it cost the company 78$ an hr. (not 73 like I said earlier) and it doesn't mean that you are making that (i'm sure you would be happy if you did). Just like when I have an employee, after state workmans comp and Ins. ect...a 10$ an hr. guy can cost the employer 30-50$ an hr. The auto industry should not get a bailout and should go bankrupt. they would not eliminate the unions but would renogiate union contracts. Ceo pay structures would have to be cut as well under bankruptcy. How can GM compete and be competive when their worker cost them 78 bucks and toyota is paying 40 something. Unions... if they had there way, demanding and getting more and more and more will eventually drive the auto industry in the ground. Its organized blackmail legally....
Juiced
11-21-2008, 09:03 AM
Your wrong on this AS !!! I get an explanation of benifits every year and this is all shown on it , NOT EVEN CLOSE TO 78 dollars an hour!!!!!!!!!
agentsmith
11-21-2008, 10:44 AM
Your wrong on this AS !!! I get an explanation of benifits every year and this is all shown on it , NOT EVEN CLOSE TO 78 dollars an hour!!!!!!!!!I'm not talking about what the employee gets, I'm talking about what it cost the employer per employee ie penions, benefits ect... the total cost to the company
Juiced
11-21-2008, 11:24 AM
I know what your talking about. I work at Ford Motor Co. Building F-150s in Kansas . My Explanation of benifits is just that . basically It tells me what I cost the company for that year.And all of that stuff is included on the statement.
An average for all 3 does not equate to what Juiced himself does or does not get ;)
agentsmith
11-21-2008, 10:35 PM
these are the numbers bandied about on the hill during senate debate and on neil Cavuto's business show. Heard the same numbers several times, I'll try and post up a link.....Don't get your thongs all twisted up just cause I'm anti-blackmail....sorry anti-unions:p:D
Juiced
11-21-2008, 10:44 PM
There not in a bunch , The media distorts things. I know for a fact. BTW , I am ANTI - Union Also!!!!!!!There once a place now just very self serving.
agentsmith
11-22-2008, 04:37 AM
Just wanted to clarify alittle, some people get really hacked when you start banging on their beloved unions....Didn't want you to ban me:finger2;):D
Juiced
11-22-2008, 09:14 AM
That would be a big fat NO!!!!!!Come AS read my whole post I am Anti-Union Also.
Canuck01
11-22-2008, 03:54 PM
The problem is that execs are making like $5-8 million per year. now if that's not ridiculous, i don't know what is...
Buck Wild
11-22-2008, 06:29 PM
The problem is that execs are making like $5-8 million per year. now if that's not ridiculous, i don't know what is...
BUMP.....
agentsmith
11-22-2008, 06:32 PM
That would be a big fat NO!!!!!!Come AS read my whole post I am Anti-Union Also.LOL, I know I was just mess'in with ya:D
Rhiannon
02-01-2009, 06:09 AM
The problem is that execs are making like $5-8 million per year. now if that's not ridiculous, i don't know what is...
Why is that ridiculous, can you do their jobs or even understand what they are doing? Someone has to be in charge of the workers and it looks easy when you see someone sitting behind a desk, but there is more to it than that.
I dont like people who smell of BO.
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