"No one can reasonably answer that question for another person."
Wow! Occasionally you surprise me with a rational, thoughtful post. Other than your closing sentence, I even agree with you. Well done!
"Maybe I was trolling you. Duh"
Ahhh! You are way too clever for me!!
Seriously though, is now the time to "back up the truck" on silver?
"and for every death several injured parties...."
and for every injured party several angry friends....
and for every angry friend several disgruntled acquaintances....
and for every disgruntled acquaintance several dissatisfied strangers....
Hey! This is fun!
What!?! You don't appreciate trollish behavior?
Well, I won't say a word about pots & kettles. I'll just offer my sincere apologies.
"I would agree with you if you're talking about the union leadership."
Sorry, my mistake - I thought you WERE talking about leadership!
"I can tell you this though, during those 10 years with guaranteed orders, Delphi was not a good supplier....high cost and low quality."
Jeye has posted that GM has greater quality problems since more work is outsourced. That is false. GM has not only lowered costs by outsourcing but improved quality as well. The reason is simple - they have greater control over their suppliers than they ever did over the allied divisions. If a supplier screws up, they pay for it, up to and including losing business. What happened to divisions like Delphi in the bad old days? Not much.
Maybe more amazing is that there is only one jump longer in the past 46+ years. Gotta feel a little sorry for Mike Powell - his record has now lasted longer than Beamon's, but, outside the world of track & field, most people have never heard of him.
"No I wouldn't agree. The unions are constantly confused by this."
Very nice summary, Wngr, but I don't think the union is confused at all. They know quite well that the reduction in direct labor costs for GM is a result of outsourcing. And, why does GM outsource all the work they can? Because their labor costs are so high!
So, in order to make the best of the bad situation they caused, they talk up how relatively insignificant direct labor cost is! Well, if they have their way, it will become even less significant.
"However it was bogus of GM to badmouth Ford's trucks for doing it. That was so lame to put out commercials saying steel this and steel that, knowing they had been caught with their pants down around their ankles and themselves had been bent over a barrel once again."
Well, gee Webby, that's certainly the basher way to look at it.
The reality is that GM considered aluminum for the new trucks and decided against it. I think their reasoning was sound. Of course they are going to tout the benefits of steel - the concern of the customer about the strength and durability of aluminum was one of the reasons they stayed with steel.
Just good marketing!
I realize you'll never miss an opportunity to bash GM whether it's justified or not, but do you seriously think GM didn't consider aluminum for their new truck? Trust me, there are very few secrets in Detroit. I think the new RWD big Cadillac is the perfect place to use this new technology.
I am amazed that Ford is taking this risk with their bread & butter vehicle, especially considering that the fuel economy savings are not very significant and repair costs are bound to be higher. Not only that, but aluminum costs more than steel and it is highly questionable whether the market will allow them to charge a premium for it.
I give them credit for doing it and hope it succeeds since I own some Ford stock. Time will tell.
Being the one in debt does give you a certain amount of power, but I can't envision any scenario in which the Greeks simply refuse to pay. I would expect a lot of whining and bluster and eventually the creditors will agree to modify the loan agreements, Greece will get a somewhat better deal, and life will #$%$.
Wngr, I hope it gives you some pause to be on the receiving end of unqualified praise from Bunky and Webby for this post. I have tremendous respect for you, but I have a hard time seeing the problems in Greece as "a whopper of a macro issue." In short, we've had some serious management problems, but we ain't Greece.
These doomsayers have been predicting calamity for quite some time now. Even when they were right in 2008, the markets recovered and the world didn't come to an end. I just read an article titled "It's Time to Short Gold." Now, I don't know if this guy will be right or wrong, but he makes a reasonable argument including real professional looking charts & graphs. Despite what Bunky, Webby and their ilk may say, Gold is no magical safe haven as the last few years have proven.
He was a class act.
My daughter and her family moved to Chicago two years ago. Having been to a few Cubs games with my son in law, I can tell you that Cubs fans are a breed apart. On the whole, they make Lions fans seem optimistic by comparison - but it's a cheerful kind of resignation to defeat. Hard to describe!
I see what you did here, Webby. This is a clever rebuttal to Justum's post, isn't it? You see his post as attacking your most ardent followers and therefore, it must be an attack on you. Justum didn't name you as one of the offending posters, but we all know who leads them! Without the guidance of Webby, they're just milling about - aimlessly bumping into walls like rudderless ships if I may mix my metaphors.
The only problem I see is that I have carefully researched Justum's posting history (and that of his earlier nom de message board, verum_I) and I can't find a single post that even remotely pumps GM or GM stock.
Could you please find one for me?
New record just now. Four full pages of ignored posts before I came to this one! I just put ML on the list this morning, so maybe that's why.
Sorry, ML, but I really don't think I can be accused of being an intellectual snob just because you don't quite reach my minimum intelligence standard for engaging in conversation.
After all, I converse with PM!
Speaking of idiots.
I suppose if we're grading on a curve, I owe PM an apology.