Delphi Proposal to Cut Wages in Half!

Nomen Nescio wrote:
> >Delphi, which supplies suspension systems for the Mini and Range Rover
> >Sport and cruise controls for Jaguar, was forced to seek bankruptcy
> >protection in a New York court after failing to win concessions with
> >unions. The United Auto Workers union resisted its attempts to cut hourly
> >wages by more than half, to about $10 or $12.
> >
>
> If American corporations have their designs on Third World wages for
> American workers, they'll be looking at general strikes as are seen in
> parts of Europe.

Unfortunately, this will not happen. American workers have been doped
up with corporate butt gas and Jesus Juice-they voted to put their
economic well-being junior to Republican conservatives' re-election
because of abortion, gambling and gay marriage. These issues brought
about substantial debate, with the unofficial Republican line being
that God would smite America for these abominations unless voters kept
Bush, DeLay, Santorum, and other fundaloony corporate fellators in
office.

Apparently preferring starvation to divine smiting, they did.

What pray tell are you referring?

What is "Jesus Juice"?

While you are at it.
What do the Democrats and Independents do wrong?


"Bret Ludwig" > wrote in message
oups.com...
>
> Nomen Nescio wrote:
>> >Delphi, which supplies suspension systems for the Mini and Range Rover
>> >Sport and cruise controls for Jaguar, was forced to seek bankruptcy
>> >protection in a New York court after failing to win concessions with
>> >unions. The United Auto Workers union resisted its attempts to cut
hourly
>> >wages by more than half, to about $10 or $12.
>> >
>>
>> If American corporations have their designs on Third World wages for
>> American workers, they'll be looking at general strikes as are seen in
>> parts of Europe.
>
> Unfortunately, this will not happen. American workers have been doped
> up with corporate butt gas and Jesus Juice-they voted to put their
> economic well-being junior to Republican conservatives' re-election
> because of abortion, gambling and gay marriage. These issues brought
> about substantial debate, with the unofficial Republican line being
> that God would smite America for these abominations unless voters kept
> Bush, DeLay, Santorum, and other fundaloony corporate fellators in
> office.
>
> Apparently preferring starvation to divine smiting, they did.
>

"Nomen Nescio" > wrote in message
...
> >Delphi, which supplies suspension systems for the Mini and Range Rover
>>Sport and cruise controls for Jaguar, was forced to seek bankruptcy
>>protection in a New York court after failing to win concessions with
>>unions. The United Auto Workers union resisted its attempts to cut hourly
>>wages by more than half, to about $10 or $12.
>>
>
> If American corporations have their designs on Third World wages for
> American workers, they'll be looking at general strikes as are seen in
> parts of Europe.

If they don't, there won't be any strikes because they won't be any jobs.
The US is competing against 3rd world countries for jobs. BTW, even at a cut
of 50%, the wages are far higher than the wages in 3rd world countries.

Jeff

(...)

Nomen Nescio wrote:
>>Delphi, which supplies suspension systems for the Mini and Range Rover
>>Sport and cruise controls for Jaguar, was forced to seek bankruptcy
>>protection in a New York court after failing to win concessions with
>>unions. The United Auto Workers union resisted its attempts to cut hourly
>>wages by more than half, to about $10 or $12.
>>
>
>
> If American corporations have their designs on Third World wages for
> American workers, they'll be looking at general strikes as are seen in
> parts of Europe.
>
>
>>"Delphi's decision would be extremely disappointing under any
>>circumstances, but it is all the more so in light of the company's
>>announcement on Friday -- just one day before filing bankruptcy -- that it
>>had sweetened the severance packages for Delphi's 21 most highly
>>compensated executives because the old severance package was -- as a
>>Delphi spokesperson put it -- 'uncompetitive.'
>>
>
>
> Golden parachutes? A general strike will bring corporate America to its
> senses. Executives should be pink slipped on Friday for Monday's
> uncompensated layoff.
>
> If you think Mexican or Chinese auto parts will cost you less, you're sadly
> mistaken. You'll pay the same price for them as if American workers made
> those parts. Labor costs have nothing to do with your price. Profits have
> everything to do with your price. As labor costs go down, profits go
> up...the price remains the same!
>


Your are REALLY mistaken. It is all about labor cost with a auto built
here. Labor costs are bleeding them dry and it is reaching critical
mass. I have watched a lot of companies fold or go under because works
want more money than is availble. There are harder times on the horizon
for them and it is not about politics but about supply and demand and
competing with price of your product. The airline industry is going
throuch massive cuts now too because of costs and decreased revenues.

On 10/10/05 06:47 am Jeff tossed the following ingredients into the
ever-growing pot of cybersoup:

>>> Delphi, which supplies suspension systems for the Mini and Range Rover
>>> Sport and cruise controls for Jaguar, was forced to seek bankruptcy
>>> protection in a New York court after failing to win concessions with
>>> unions. The United Auto Workers union resisted its attempts to cut hourly
>>> wages by more than half, to about $10 or $12.

>> If American corporations have their designs on Third World wages for
>> American workers, they'll be looking at general strikes as are seen in
>> parts of Europe.

> If they don't, there won't be any strikes because they won't be any jobs.
> The US is competing against 3rd world countries for jobs. BTW, even at a cut
> of 50%, the wages are far higher than the wages in 3rd world countries.

Yes, but it also costs a lot more to live here than in those 3rd world
countries -- certainly for housing, and maybe even for food. And in many
3rd world countries there is still a local market at which to buy food,
whereas here one needs a car to get to the supermarket, public transport
systems not being the greatest in the world.

BTW, I heard recently that the US is competing even against Canada for
jobs, because there employers don't have to pay astronomical costs for
health insurance for their employees.

Perce

Do you feel that we should all get paid third world salaries?

Labor cost is a big factor in any business but so is production cost for raw
materials and other operating expenses. The company I work for has global
locations all around the world. We have very few expansion in the US for my
company but are going overseas to China. They are building massive size
plants with double or triple the capacity of what we can produce. Cost per
pound goes down with increase production. Why are they doing it has less to
deal with labor cost but more with taxes, benefits paid, environmental
permitting.

They are building plants with less automation and computer control so they
need more people to operate them They pay less per hour wages and very
little in benefits. I went to Mexico to help start up a plant and they had
10 workers for every one in the US. They had less concern with safety and
environmental issues. I saw three workers die and the plant manager went
with government representative to the family home and presented them with a
check equal to about ten thousand dollars. The family was happy and 100
other folks were waiting to take that person's job.

The only workers getting richer is the CEO's with their massive salaries and
benefit packages. They downsize companies and layoff hundreds of workers
then they get a big fat bonus. When they get fired for bankrupt the
business they get a nice big severance and the worker on the bottom of the
totem pole barely gets enough severance to make ends meet for a few weeks.
Then the CEO goes to work for another company thanks to his buddies on
another board of directors and he starts collecting another big fat pay
check.

CEO need to pay the workers that actual do the work for the company what
they are worth and stop ripping of the company with their outrageous
salaries and incentive plans.

Taking a 50% pay cut is a little steep in when the CEO keeps getting raises.
Delphi made bad business choices yet the CEO got rewarded. J.T. Battenberg
III had a 67% increase in his pay from 2001 to 2002 while the company lost
money.

They are claiming bankruptcy due to bad business decisions and poor
planning. Their biggest customer is doing poor also and they failed to seek
out more customers. The union agreed to reduce starting salaries of new
employees while maintaining present employees at the same pay. See
www.uaw.org/news/newsarticle.cfm?ArtId=263 for contract agreement.

Delphi will ask the bankruptcy courts to allow it to eliminate its pension
just like United Airlines. This will free up millions of dollars that could
be used for debt. All the workers and retirees will see their pension cut
by at least half if not more once the governments pension guaranty takes
over.


Sarge

Delphi execs get boost in severance pay
http://www.freep.com/news/latestnews...6_20051007.htm

The boys at the top get more money and the working man gets less. Sounds
like the Bushism is working.


"Nomen Nescio" > wrote in message
...
> >Delphi, which supplies suspension systems for the Mini and Range Rover
>>Sport and cruise controls for Jaguar, was forced to seek bankruptcy
>>protection in a New York court after failing to win concessions with
>>unions. The United Auto Workers union resisted its attempts to cut hourly
>>wages by more than half, to about $10 or $12.
>>
>
> If American corporations have their designs on Third World wages for
> American workers, they'll be looking at general strikes as are seen in
> parts of Europe.
>
>>"Delphi's decision would be extremely disappointing under any
>>circumstances, but it is all the more so in light of the company's
>>announcement on Friday -- just one day before filing bankruptcy -- that it
>>had sweetened the severance packages for Delphi's 21 most highly
>>compensated executives because the old severance package was -- as a
>>Delphi spokesperson put it -- 'uncompetitive.'
>>
>
> Golden parachutes? A general strike will bring corporate America to its
> senses. Executives should be pink slipped on Friday for Monday's
> uncompensated layoff.
>
> If you think Mexican or Chinese auto parts will cost you less, you're
> sadly
> mistaken. You'll pay the same price for them as if American workers made
> those parts. Labor costs have nothing to do with your price. Profits
> have
> everything to do with your price. As labor costs go down, profits go
> up...the price remains the same!
>

On Mon, 10 Oct 2005, Sarge wrote:

> Do you feel that we should all get paid third world salaries?

When we vote for politicians who sell off America's jobs in bulk to the
lowest offshore bidder, then yes, that is exactly what we deserve.

"Daniel J. Stern" > wrote in
n.umich.edu:

> On Mon, 10 Oct 2005, Sarge wrote:
>
>> Do you feel that we should all get paid third world salaries?
>
> When we vote for politicians who sell off America's jobs in bulk to the
> lowest offshore bidder, then yes, that is exactly what we deserve.
>

And what do you propose as the alternative?


The amazing idea that we should at the same time respect all other cultures
and allow unfettered immigration, while hobbling local industry with
environmental and health-related legalities, but somehow prevent cheap
goods from nations that dont bother with such, is amazing beyond belief.

Meaning: All you can do is complain, the only answer from ANYONE is either
adjust or go to a world-wide socialist centrally planned economy.

and we all saw from Katrina how well THAT works.

Would you mind going back and seeing that GM, itself was the author of this
conundrum in the late 40's when it started down the road to cradle to grave
security for its workers?

I thought not.

"Percival P. Cassidy" > wrote in message
...
> On 10/10/05 06:47 am Jeff tossed the following ingredients into the
> ever-growing pot of cybersoup:
>
>>>> Delphi, which supplies suspension systems for the Mini and Range Rover
>>>> Sport and cruise controls for Jaguar, was forced to seek bankruptcy
>>>> protection in a New York court after failing to win concessions with
>>>> unions. The United Auto Workers union resisted its attempts to cut
>>>> hourly
>>>> wages by more than half, to about $10 or $12.
>
>>> If American corporations have their designs on Third World wages for
>>> American workers, they'll be looking at general strikes as are seen in
>>> parts of Europe.
>
>> If they don't, there won't be any strikes because they won't be any jobs.
>> The US is competing against 3rd world countries for jobs. BTW, even at a
>> cut of 50%, the wages are far higher than the wages in 3rd world
>> countries.
>
> Yes, but it also costs a lot more to live here than in those 3rd world
> countries -- certainly for housing, and maybe even for food. And in many
> 3rd world countries there is still a local market at which to buy food,
> whereas here one needs a car to get to the supermarket, public transport
> systems not being the greatest in the world.
>
> BTW, I heard recently that the US is competing even against Canada for
> jobs, because there employers don't have to pay astronomical costs for
> health insurance for their employees.

Wrong, the employers in Canada have to pay the Government for healthcare.
Any employer be it 1 employee to thousands, has to pay for the healthcare of
all employees. So don't make comments that you know nothing about.

>
> Perce