What do I want them to say? How ABOUT ANYTHING they can say to we NON-UAW shareholders.................or is that too much to ask?
You see I don't get to VOTE on the UAW issues.....and yes, I know,,,I get to vote on F officers etc. so like Public Employee Unions who DO NOT GET ELECTED, the UAW has wedged itself and it's self serving interest inbetween FORD we VOTERS and MY $$$. There's a quick pointer on where I am coming from.
I do think FORD employees have EARNED an increase....what I don;t like is that I have YET to meet a Union type AT ANY LEVEL that even knows what a fricking balance sheet is.....SADLY UNION HATS don't lose their paychecks when a industry disappears...it is Union LAbor that pays the price EVERYTIME for Union Leadership STUPIDITY.
Union ldrshp's Kid's still get to go to College...Union Labor gets HOSED and loses EVERYTHING.
Yes questinator I am and I know you're going to tie the cost into a stronger FORD however, WE SHREHOLDERS are OWED some information. The PENSION LIABILITIES were supposed to be fully or nearly fully funded by the end of 2015..........and CAP returns to shareholders as well as a STRONG PERFORMING stock seem to have slipped into the abyss.
Ford AT THIS POINT deserves THE CRITICISM FOR failure to communicate to SHAREHOLDERS.
I'm not happy about FORD giving away the house here either. We were supposed to be done fully funding the PENSION FUND thus freeing up CAP for share buybacks and DIV increases, OOPS. There went that concept. Or so I think.
Here is the UNKNOWN....the Alum F150 and other revamped models, China sales, the return of the BRONCO and RANGER all with the backdrop of millennials joining the ranks of consumers though delayed a few years seems to be tracking toward full force auto/home/lifestyle upgrades over the next decade or two.
This bodes well for F and hopefully for shareholders or at least I hope. The UAW needs to remember that FORD did not CLOSE SHOP during the economic bust a few years back and many UAW employees at F, kept their jobs. Yes, they too sacrificed on contracts but this was beyond debate for the mere sake of survival.
Shareholders sacrificed as well, many Mom-n-Pop investors left F as headed down to I believe below 2 bucks for it's low. They LOST a lot of money. Real money. So the UAW needs to get away from it's SELF SERVING HISTORY forever, not just in emergency situations afterall, the OVERHEAD brought on by the likes of the UAW is a large part of why Detroit all but died. In fact Detroit itself did die....Ford remained standing...and GM and Chrysler were read their last rites.
I hope we are all wrong about F...but asking shareholders to hang around for another 2-4 years to see some light is a bit much, especially considering we get to go thru the UAW Circus once again in 4 years. Reminds me of the FAILED SOIVIET UNION 5 YEAR GOSPLAN.............LOL! Huh.......coincidence? I'm asking YOU, UAW Leadership....LEARN HOW TO READ a BALANCE SHEET then see what YOUR GREED does to it.
LMAO! Riiiiggghhhhhhtttttt...tell you what sport if yield is all you want then call FORD and ask them to pile drive the price to 8 bucks a share! YIPEEE! Then yer yield will look even better! Oh and by the way...as rates go up......stock yields are forced to compete with fixed yield vehicles.....or, maybe you're not old enough to remember those days..........not to worry....you'll learn!