Southern senators say let Detroit fail, auto sector in the South can take over

[w¡n9Nµ7 §£@¥€r 123]

Nov. 17 (Bloomberg) -- Senators from southern states with factories owned by Asian and European car manufacturers oppose a bailout of U.S. automakers, saying the industry can thrive without General Motors Corp., Ford Motor Co. and Chrysler LLC.

Republican Senators Richard Shelby and Jeff Sessions of Alabama, and James DeMint of South Carolina, are among lawmakers trying to derail Democratic plans, supported by President-elect Barack Obama, to provide at least $25 billion in loans to the three U.S. companies.

"We have a very large and vibrant automobile sector in Alabama,'' Sessions told Bloomberg Television on Nov. 11. "I don't feel like this is the end of the world.''

Alabama has two assembly plants owned by Stuttgart, Germany-based Daimler AG, one operated by Tokyo-based Honda Motor Co. and one by Seoul-based Hyundai Motor Co. Munich-based Bayerische Motoren Werke AG employs about 4,500 people at a Spartanburg, South Carolina, assembly plant.

http://www.bloomberg.com/apps/news?pid=206...&refer=home

[msu17 0]

Oh, so will Alabama be offering jobs and moving expenses to all the thousands of auto workers in MI and OH who are being laid off and losing their jobs??? No? Didn't think so. Of course this nutcase doesn't think this is the end of the world, he doesn't have to face losing his job, benefits, pension and having to find a totally new line of work in an area that doesn't have that many other sectors of work for that skill set. Stupid southerner...

[NickD 203]

Oh, so will Alabama be offering jobs and moving expenses to all the thousands of auto workers in MI and OH who are being laid off and losing their jobs??? No? Didn't think so. Of course this nutcase doesn't think this is the end of the world, he doesn't have to face losing his job, benefits, pension and having to find a totally new line of work in an area that doesn't have that many other sectors of work for that skill set. Stupid southerner...

Is this our problem or theirs, the big three to be precise. I purchased many GM cars and paid cash for them, so it's not like I purchased a car and didn't pay for it that is the cause of their problems.

This site offers some solutions.

http://www.heritage.org/Research/Economy/lm33.cfm

And this is one of GM's key problems:

"To begin with, the company has over 250,000 employees, over 300,000 retirees and covered spouses, a dozen divisions, and operations around the globe."

I got sick of working for corporations, even as an engineering or a general manager, should have been home with my kids rather than being at an expensive country club eating a 100 buck meal at company expense talking about reducing cost of the product. Direct labor was used that included what you were paying that guy to make the product plus the burden, and that burden included indirect labor, benefits, retirement benefits, etc., plus the cost of that country club fee. Always wanted to make the product cheaper, and didn't like my suggestion we should be having our meeting at Macs instead of this place. Guys at my young age at the time were dying of heart attacks, and my own health was going downhill. Was time to leave that madhouse. Had no problems doing contract work using my base salary with a couple of bucks extra for burden, not carrying the full load on my shoulders that corporations put on it.

Most of those way overpaid executives and CEO's I met were idiots.

[Saddle Bronc 124]

Oh, so will Alabama be offering jobs and moving expenses to all the thousands of auto workers in MI and OH who are being laid off and losing their jobs??? No? Didn't think so. Of course this nutcase doesn't think this is the end of the world, he doesn't have to face losing his job, benefits, pension and having to find a totally new line of work in an area that doesn't have that many other sectors of work for that skill set. Stupid southerner...

You miss a lot of points at the same time.

• it's the auto workers' responsibility to apply for new jobs, and negotiate the moving deals with auto company
• Offer, and delivery on it, are auto company's responsibilitys

Where does the State Government of Alabama come into the picture?

[IAMX 3,055]

Oh, so will Alabama be offering jobs and moving expenses to all the thousands of auto workers in MI and OH who are being laid off and losing their jobs??? No? Didn't think so. Of course this nutcase doesn't think this is the end of the world, he doesn't have to face losing his job, benefits, pension and having to find a totally new line of work in an area that doesn't have that many other sectors of work for that skill set. Stupid southerner...

You miss a lot of points at the same time.

• it's the auto workers' responsibility to apply for new jobs, and negotiate the moving deals with auto company
• Offer, and delivery on it, are auto company's responsibilitys

Where does the State Government of Alabama come into the picture?

They're talking about federal representatives of that state trying to bring money into their state by allowing GM to fall.