Chaitika;2560787; said:As to blaming the banks, that's nonsense. No one forces high-risk borrowers to borrow money. Why take out a loan if you can't pay it off?
It is the banks for taking on high-risk people...
Chaitika;2560787; said:As to blaming the banks, that's nonsense. No one forces high-risk borrowers to borrow money. Why take out a loan if you can't pay it off?





http://www.heritage.org/research/economy/images/wm2162_chart1.giftoxicfish;2563857; said:I have a buddy who is a line worker and he makes $25.75 hr... so your saying he gets $54.25 in benefits...
I don't think so![]()
pdbrady;2560554; said:Though I do have some agreements with you, it sounds like you are speaking with a biased opinion. It IS a bailout. It seems easy to just blame it on the banks and the economy. These companies have made poor decisions, pay too high wages from the union grunts to the suited with their personal helicopters (Bob Lutz for example). They are greedy, period. Wagonner gets a pay increase to $15,000,000 ($1.5m base) THIS YEAR, because they didn't have as large of losses as they expected? WTF?! How is that raise worthy? They DO make crap products, this is not a misconception. I work on cars everyday, and I'm telling you now, US domestics don't hold a candle in quality. From interior pieces falling off...... to engines going crap with xxx amount of miles (and piss poor mileage)- especially when compared to x foreign car with same amount of miles (lets say Toyota, since I went from domestics to a 97,xxx mile 4Runner, and couldn't have made a better decision, it runs better than some of them did with half the mileage). Hell, as much as I like Vettes, they were all pieces of s*** until the C6. I understand a lot of people are having to live with this, and yes it does suck. But they (big 3) have dug what would have been their own grave (and eventually probably still will be), yet they continue to make gross amounts of money. But, if these other companies can get billions, then go on these thousands of dollar spa trips with that very money, then get more.....why can't everyone else. Bottom line....no matter how you look at it......we as your everyday workers are getting screwed by large companies and lenders that have spent money and made terrible decisions that could benefit no one but themselves and their own pockets.
detroitfish;2563873; said:
toxicfish;2563894; said:I'm sorry but I have never meet an auto worker that gets paid those numbers...
I know alot of autoworkers....![]()
dmopar74;2563908; said:thats NOT what their paid, thats how much it costs the companies to employ a single employee. you have to take into accout benefits, vacation time, L&I costs, taxes, etc...