Noah Harbinger Posted December 25, 2009 Share Posted December 25, 2009 Ever hear of a little ideal called capitalism? Pure capitalism is as functional as pure communism. Link to comment Share on other sites More sharing options...
mettech Posted December 25, 2009 Author Share Posted December 25, 2009 If the board would enforce it's policies and banned all the trolls, mettech wouldn't be here to instigate all of the Ford employees on the site. Look at his posts. That is all he does. The article was intended for the Ford investors. :reading: You know we have a vested interest in Ford too. :shades: Pioneer, you have your own private forum. What is wrong with discussing issues that affect Ford Motor Company here? BTW, no kidding, Merry Christmas to you and your family. We all should be thankfully for what we have in this great country. :happy feet: Link to comment Share on other sites More sharing options...
Pioneer Posted December 25, 2009 Share Posted December 25, 2009 The article was intended for the Ford investors. :reading: I see no article. Must only be visible to investors. Oh, wait a minute. I'm an investor. Link to comment Share on other sites More sharing options...
mettech Posted December 25, 2009 Author Share Posted December 25, 2009 (edited) Autoline Daily Episode 296. :shades: In the first post, I listed where it came from. Here is additional info on the subject. Ford Canada labor cost Edited December 25, 2009 by mettech Link to comment Share on other sites More sharing options...
move4ward Posted December 25, 2009 Share Posted December 25, 2009 (edited) the pay rate is a unch of BULLSHIT!!! all companies and the TV guys are all in it together to fck the working man... take Ford for example...40,000 workers if we made $5 an hour above GM it only cost Ford $400 million a year more..now Ford has sales of $160 Billion and $400 mills aint going to hurt them 1 fcking bit.... Ford is going to make $3-5 billion profit next in 2010 depending on how much $$ they hide.... $400 aint going to cause any BS "competitive disadvantage" with anyone.. its about time to put an end to this BS talking point and this goes for any and all business who move to China there all greedy... Labor costs include more than the "take home" pay. Benefits can easily eclipse $400 mil. Ford's biggest labor cost is the pension and healthcare fund. Ford has to pay back $35 billion in debt within 3 years(2013) to the pension and health care fund! That's $34.6 billion more than the salary increase. $35 billion > $400 mil Ford giving $35 billion to UAW is way better than $400 mil. Edited December 25, 2009 by move4ward Link to comment Share on other sites More sharing options...
fbmphil Posted December 25, 2009 Share Posted December 25, 2009 (edited) Pure capitalism is as functional as pure communism. Completely agree. However, "what's 400 million in profits to such a big company? huh? HUH?!" is exactly what's the issue: it's a sense of false entitlement. That's the beauty of America: you're free to do with your profits what you please, and I can't believe I'm actually reading an actual human being suggest that Ford give up half a billion dollars in profit to benefit THEM. ^There's another issue. fordworker is presumably a Ford employee and yet...they aren't aware of VEBA. Educate yourself regarding these matters so you DON'T get dicked over by the man. Edited December 25, 2009 by fbmphil Link to comment Share on other sites More sharing options...
fordworker Posted December 25, 2009 Share Posted December 25, 2009 Labor costs include more than the "take home" pay. Benefits can easily eclipse $400 mil. Ford's biggest labor cost is the pension and healthcare fund. Ford has to pay back $35 billion in debt within 3 years(2013) to the pension and health care fund! That's $34.6 billion more than the salary increase. $35 billion > $400 mil Ford giving $35 billion to UAW is way better than $400 mil. our benefits are on top of take home pay?? NO fu\king shit !!! Thats what i wrote.. u think we make $5 an hour in pay more then GM does?? then u dont knowyour blabbing about...If we make $5 an hour in total benefits then GM is what i was saying.. which we dont its more like $2...also Ford has over $70 billion in our pension fund and there debt is not $34 its closer to $25 billion. And every company carries debt.. EVERY COMPANY... GM is paying back $7 billion by june.. Ford will have no problem paying back what they owe by 2013 and they just extended that date.. they used there EQUITY at $23 billion its like me I own my $356K house, its paidoff so if I take out a equity loan as Ford did for $100k thats me borrowing my own $$$$!!! so that $23 billion is not a debt in my book its all a PR and numbers game.. Link to comment Share on other sites More sharing options...
Pioneer Posted December 25, 2009 Share Posted December 25, 2009 (edited) Ford has to pay back $35 billion in debt within 3 years(2013) it's a sense of false entitlement I guess the salaried folks shouldn't be getting their merit bonuses and tuition assistance back then. Edited December 25, 2009 by Pioneer Link to comment Share on other sites More sharing options...
fordworker Posted December 25, 2009 Share Posted December 25, 2009 Completely agree. However, "what's 400 million in profits to such a big company? huh? HUH?!" is exactly what's the issue: it's a sense of false entitlement. That's the beauty of America: you're free to do with your profits what you please, and I can't believe I'm actually reading an actual human being suggest that Ford give up half a billion dollars in profit to benefit THEM. ^There's another issue. fordworker is presumably a Ford employee and yet...they aren't aware of VEBA. Educate yourself regarding these matters so you DON'T get dicked over by the man. VEBA its off Fords books...educate yourself on that.. Ford owes NOTHING more as in $$0000 more educate yourself...the payment they are slated to make has already been deducted from future earnings meaning its paid for already... so whats your point????? and Ford aint giving up a damn thing its just that we aint giving up a dam thing more...there making $$$$.... Link to comment Share on other sites More sharing options...
Pioneer Posted December 25, 2009 Share Posted December 25, 2009 In the first post, I listed where it came from. No link in your first post, troll. And, you are correct. Ford has the highest labor costs. They have the highest paid CEO in the industry. Link to comment Share on other sites More sharing options...
J-150 Posted December 25, 2009 Share Posted December 25, 2009 (edited) VEBA its off Fords books...educate yourself on that.. Ford owes NOTHING more as in $$0000 more educate yourself...the payment they are slated to make has already been deducted from future earnings meaning its paid for already... so whats your point????? and Ford aint giving up a damn thing its just that we aint giving up a dam thing more...there making $$$$.... re-read what you just posted. "paid for by future earnings" mean that Ford still owes the money. They still need to sell cars at a profit to pay for it. I also find it funny that you call them greedy for wanting to make a profit and yet in the same breath demand more money for yourself. "Hello Pot, this is Kettle calling..." Edited December 25, 2009 by J-150 Link to comment Share on other sites More sharing options...
fordworker Posted December 25, 2009 Share Posted December 25, 2009 Ever hear of a little ideal called capitalism? pure capitalism does not work.. never will never has.... pure capitism would mean that the USA would not have the FDA.. food companies would not be inspected and there would be no EPA, if a company wanted to pollute the water they could just go ahead and let the consumer decide which company survives, the polluting one or the less polluting one.. we would have no need for any labor laws either...if u get hurt at work then your fired, u get your arm cut off in a machine too bad your fired..thats real capitalism thats what the GOP wants us to go back to.. u think the 3rd world countries has a EPA? NO WAY... Link to comment Share on other sites More sharing options...
fordworker Posted December 25, 2009 Share Posted December 25, 2009 re-read what you just posted. "paid for by future earnings" mean that Ford still owes the money. They still need to sell cars at a profit to pay for it. I also find it funny that you call them greedy for wanting to make a profit and yet in the same breath demand more money for yourself. "Hello Pot, this is Kettle calling..." u dont know shit about how companies work do u??? they take charges all the time..Ford took a charge of about $5-6 billion in 05 or 06 and that paid for all future buyouts that occured in 07,08,09 and 010.. the VEBA is paid for its already been on there books and off there books now... and the UAW worker are not demanding a FU/KING thing we just aint taking more unnecessary cuts u have no clue how it works your just on here to talk shit... maybe if we worked for $8 an hour with no benefits Ford could pay off there supposed loans in 6 months.. that would be better in your eyes wouldnt it... Link to comment Share on other sites More sharing options...
TomServo92 Posted December 25, 2009 Share Posted December 25, 2009 I think it's time to lock this thread. Link to comment Share on other sites More sharing options...
J-150 Posted December 25, 2009 Share Posted December 25, 2009 u dont know shit about how companies work do u??? they take charges all the time..Ford took a charge of about $5-6 billion in 05 or 06 and that paid for all future buyouts that occured in 07,08,09 and 010.. the VEBA is paid for its already been on there books and off there books now... and the UAW worker are not demanding a FU/KING thing we just aint taking more unnecessary cuts u have no clue how it works your just on here to talk shit... maybe if we worked for $8 an hour with no benefits Ford could pay off there supposed loans in 6 months.. that would be better in your eyes wouldnt it... whatever friend. you dont undertasnad that paying with future earnings is essentially a credit. The money hasnt been made yet. Just like getting one of those Payday loans Link to comment Share on other sites More sharing options...
mettech Posted December 25, 2009 Author Share Posted December 25, 2009 No link in your first post, troll. And, you are correct. Ford has the highest labor costs. They have the highest paid CEO in the industry. I didn't say I left a link, I noted where the data came from. Anyway, is the data Autoline Detroit stated true? Link to comment Share on other sites More sharing options...
mettech Posted December 25, 2009 Author Share Posted December 25, 2009 I think it's time to lock this thread. Why should it be locked? If you don't like it... Don't read it. Everything I posted was from a Detroit based automobile enthusiast news reporter. A very well respected news reporter I might add. Link to comment Share on other sites More sharing options...
TomServo92 Posted December 25, 2009 Share Posted December 25, 2009 Why should it be locked? If you don't like it... Don't read it. Everything I posted was from a Detroit based automobile enthusiast news reporter. A very well respected news reporter I might add. Because it's the same shit over and over and over again. And while I don't always agree with everything Pioneer has to say, it does seem like you're always in the center of the storm. And if you don't like what I just wrote, don't read it. Link to comment Share on other sites More sharing options...
mettech Posted December 25, 2009 Author Share Posted December 25, 2009 Tom: Did I make up a lie? Did I attack anyone? Did I post something from a unreliable source? Is the data true or false? Is the information something that "some" stock holders would find interesting? Link to comment Share on other sites More sharing options...
Pioneer Posted December 25, 2009 Share Posted December 25, 2009 I think it's time to lock this thread. It should have never been started. It was started by a troll that wants to stir up the pot, and should be banned because all he does is bash Ford products and start trouble with the employees. Link to comment Share on other sites More sharing options...
TomServo92 Posted December 25, 2009 Share Posted December 25, 2009 Tom: Did I make up a lie? Did I attack anyone? Did I post something from a unreliable source? Is the data true or false? Is the information something that "some" stock holders would find interesting? You don't have to do any of those things to stir the pot. Link to comment Share on other sites More sharing options...
Pioneer Posted December 25, 2009 Share Posted December 25, 2009 A very well respected news reporter I might add. Seems you have nothing in common with him. Link to comment Share on other sites More sharing options...
RichardJensen Posted December 25, 2009 Share Posted December 25, 2009 Mettech, you're being an ass. You too Pioneer. This thread's closed. Link to comment Share on other sites More sharing options...
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