"Tonight at midnight our shift is having a seven minute stand down to show respect for the seven deaths at GM plants in the past two years"
It's a devastating thing for a plant to lose one of its own. Plants are inherently unsafe places. GM is the safest place to work in the automotive world (at least 10 years ago they were) but as much care as you give to developing safe procedures, stuff happens and when it does, you don't forget it. For me, the only fatality that I had in my organization over 40 years happened on October 29, 2004 (you never forget the date). I was in the shower at 5AM when the plant manager called me.
In this case, the employee didn't follow proper rigging procedures even though he was thoroughly trained, but it doesn't matter. You still feel responsible. Not an easy thing to get through.
"So some how you thimk this is Fair this kind of American Dollars leaving yearly. I don't."
You have no idea what I think, I don't think you know what you think. If you can't find words of your own to describe what you think is 'fair', don't make up #$%$ about what I think, please.
"US current account trade deficit hits $484.1 billion in 2015."
Yea, that could be the result of unfair trade practices, or the other possibility is that we aren't competitive. I think it's probably the combination of the two.
"You want cheap labor, but before NAFTA no one was flooding to Mexico."
Of course not, you don't have to be a genius to figure that one out. We had all kinds of import tariffs preventing that NAFTA took down. Do you think that the Mexicans thought that was fair?
"Currency manipulation doesn't brother you."
Are all the countries that we have deficits with manipulating currency? Do you think that the Fed keeping interest rates at nearly zero for years might be construed as currency manipulation. Currency manipulation is not good, but there are other reasons for our deficits.
"Yet Washington keeps negotiating so-called free-trade agreements that seem to open the U.S. market while leaving others relatively closed."
So I ask you what your opinion is and you give me a cut and paste. I should have known better. You have no clue what 'fair' or 'free' trade is, just as I thought.
"Define what you mean by that."
You are old enough you should know."
I know what I call fair trade, I want to know what you think it is and if you have an objective definition. I think you believe that 'fair' trade is when eveything is tipped in our favor.
So, what is it? What is 'fair' trade to you?
"Sorry it should have been wouldn't. But why does Wall Street Love one and hate the other?"
"Maybe wngr can explain."
Spring is almost here, and soon our squirrel friends will be hearing the pitter-patter of tiny squirrel paws. Mating season for eastern gray squirrels actually takes place twice a year, from December-February, then again from June-August (or a little later for northern regions). So many of the female gray squirrels that you see are already carrying little ones!
The mating habits of eastern gray and other tree squirrels are anything but romantic. Squirrels most definitely do not mate for life. When a female squirrel becomes receptive, which lasts less than one day, her scent will attract males from as far away as 500 meters. The males will compete for the chance to mate with her, with the most dominant male copulating with her first. Other males may get to mate with her after he is finished. Once the act is completed, the males depart and have nothing more to do with the female or the young.
"There was a story told. The truth was not."
Be patient with him Questy. It takes him a while to figure out the truth and he needs a LOT of coaching.
"Myself I would touch Tesla stock even with your money.."
You would? That's a surprise, but I prefer you not touch anything of mine.
"Another day GM is down and Tesla is up. Who does Wall Street trust?"
Clearly you should sell everything and invest in Tesla. Sounds like your kind of company.
"Some charges GM took in 2015"
"In the year ended December 31, 2014...."
"In the year ended December 31, 2012...."
What would we do without you Jeye?
By the way, you do understand that this one is a positive charge, right?
"In the year ended December 31, 2015 we recorded the reversal of deferred tax asset valuation allowances of $3.9 billion in GME..."
"And you guys wonder why I hang around this board?! Are you kidding? This #$%$ is priceless."
LOL. You beat me by about 30 seconds on this Adrian. I suppose Mexico would be in Asia were it not for NAFTA.
"Thanks for posting those responses of mine. They are a good reminder, for other posters, of GM Mexico's performance these past three years."
You're welcome, and I think that they served to remind other posters of how unencumbered of facts your thinking is. Not a single fact in those rants. Did you say them when you were angry again? You really should control your thoughts a little better.
Here's a fact for you, $11.0 Billion in EBIT Margin (10.3%) in North America last year. BTW, Mexico is located in NA.
"Remember, because of your arrogance, I attacked what you described as the "crown jewel" of GM."
Another error. I never said it was the 'crown jewel of GM'. A simple search of the message board reveals zero times that I said it, but you said it twice. Your inability to relate to facts is astounding. You just make this stuff up don't you?
"A final thought: Never did find out the total dollar figure invested in Mexico in 2012-14. 2.5-4.5 Billion usd I believe."
Here are the words you used in that one rather rambling paragraph:
"I am unbelievably curious..."
"I would hazard..."
"I just have this suspicion..."
Here's an idea, why don't you find out these things before they spew out of your keyboard, maybe then people would take you seriously.
"Perhaps you and cheblammo can comment on some of your other foreign operations? Russia? Venezuela? Brazil? other Europe? China? Buehler???"
Sure be happy to...as soon as you answer the two questions (with facts) that I asked in my post of Mar 12, 2016 10:15 AM.
"The local unions in Saginaw and Lansing were 10 times better than that Flint bunch of things."
Last word should be 'thugs'. Hard to do on my phone.
"Maybe Flint caused the court case."
You know Jeye when you say stupid stuff like that it only reinforces the opinion the board has of you. You sound like an immature kid.
"You can say anything you want about Flint and the UAW being the cause of less workers here but face the truth, drive through Lansing or Pontiac or Saginaw/Bay City and see the same downsizing and the strike did not happen there."
Pontiac, maybe. But in Saginaw/City, what was closed?? Saginaw Malleable, such a small plant anyway. Enough work to put into the huge Saginaw Foundry it didn't matter. The Bay City plant is still there making cranks and connecting rods if I'm not mistaken.
In Lansing they shut down the downtown assembly plant, but opened Lansing Grand River and Delta Township.
The local unions in Saginaw and Lansing were 10 times better than that Flint bunch of things.