wow
GM stocks below $10.00
axkiker
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I see you live in Michigan. I'm curious, Where do you work? Who are your customers? What do your neighbors do? Where do they spend their money? Entertainment, household goods, groceries, dinner, leisure, etc.Playn said:
Oh thats right, everything around you IS impacted by you purchasing a foreign vehicle and YOU sending your money over seas. Your right, you do have a choice, you are the customer...the beauty of this country.
When GM, Ford and Chrysler hurt, I don't care who you are or what you do, if you live in Michigan someone you know, a business you frequent, or you yourself will hurt.
For what it's worth I'm self employed, I'm not sure that matters though.UP_ROKTOY said:
When things are rosy nobody cares but when you have to compete everyone jumps on to the protectionist mindset. Just curious, should we gang together and try to put the people that work locally at the Volvo or Mercedes dealers out of work? Aren't they your neighbors, family, friends too? Salesmen, office staff, mechanics, owners of the dealerships, the effect on their families..etc, etc.. Also, did we start the campaign to boycott Chysler when Daimler owned them? Do you dispise owners of Volvo even though that company is owned by Ford? Anybody on this site have a Volvo/Penta combo (oh the shame!!) Mack truck (owned by Volvo)...anybody own one?.....
"When GM, Ford and Chrysler hurt, I don't care who you are or what you do, if you live in Michigan someone you know, a business you frequent, or you yourself will hurt." This statement of yours is very true, more so when we live in a state that has it's sole focus on the auto industry. We have the education, infrastructure, and workforce to deversify our economy...just not the will. If we want this state to thrive then we have to take the blinders off and make it attractive to business outside the auto industry.
My vehicles since 2001 have included
2003 Harley
2001 F250
2004 F350
2007 F250
2003 Pontiac Grand Prix
2002 Yukon
2006 Saturn
2005 Jeep Cherokee
2007 Suburban
2002 Mercedes S500
2004 Volvo XC90
Now the last 2 on the list may label me an A-hole (when really there are so many more appropriate reasons I'd fit that description than owning those two vehicles :winker: ) So the bottom line is I'll just have to put up with the shame from the isolationist/protectionist crowd that are above it all...as long as nobody looks inside the four walls of their homes for "made in china" stickers.
It certainly matters, I'd venture to say that the people who spend money on whatever service you offer, are some how indirectly or directly employed because of the Big 3.Playn said:
I am tiers and tiers away from being employed by the big three, but I know when a new program is awarded to a customer of a customer of a customer of mine, that my revenue increases......
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My neighbor manages the local West Marine store and I frequent the place way to often and have purchased a great amount of stuff, partly based on the fact one of my neighbors run it. We all know there are other places to buy boating supplies. Just recently I drove by his house and the garage door was open to reveal his cars, two newer Toyotas. I could not imagine having a business in Michigan that relies on probably 75% of its business from auto workers then drive a couple of Toyotas. I now make more of my purchases somewhere else.
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I'd stop going there. I know someone that works up at Boaters World....Aggressor Tom said:
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As a former UAW employee I have seen inside and out. My opinion varies daily. But one thing that hasn't been noted here is how many "transplant" auto workers get their income in this country now. I bet more people in the Tennessee, Kentucky, and San Antonio Texas regions earn their bread and butter from a foriegn owned company than the BIG3. You can argue the profits go to Japan, but those families, those that enjoy their trickle down, business owners in their areas enjoy those paychecks. ALOT of transplants employ Americans now. Some of those enjoy BETTER wages and benefits than Detroit employees...
Just thought I'd add to this mix.
BTW I own GM and Ford vehicles, but a Volvo Penta boat...with a GM 4.3 for power. For what that's worth...
Just thought I'd add to this mix.
BTW I own GM and Ford vehicles, but a Volvo Penta boat...with a GM 4.3 for power. For what that's worth...
I wouldhave point blank asked the guy if he knew where you worked. When he replied yes, I would have told him that you knew where he worked and you would no longer be shopping there.Aggressor Tom said:
Your point is 100% valid. THe only argument I have is how many people including the trickle down benefit from transplants, and how many benefit from Domestics.RSCHAP1 said:
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Not really directly auto related but I justtalked to my brother in law who is a union painter in Chicago (go figure) for a lrge hotel chain. He never finished high school and has a felony conviction for burglary from his very early adulthood (18) that follws him to this day. He is making $42 per hour. I dont see how any industry can support wages like that for manual labor
Well I'd have to say that by me purchasing a couple "foriegn" cars that the "big 3" also benefited. Case in point;UP_ROKTOY said:
The tranny in my wife's Volvo XC90 took a dump (I know, serves me right..) and had to be replaced. Well that benifited the local mechanics at Volvo. It also benefited GM as they are the company that manufactured the tranny for that model Volvo (also..remember Ford controls Volvo)
Now my Benz has been a great car, no complaints...but is it a Mercedes Benz or Chrysler? Seeing as how Daimler owned Chrysler at the time.
I had to have a part replaced on my Jeep Cherokee...the replacement part manufactured by Benz. Should I have not bought the Jeep seeing as how it was owned by Chrysler who was owned by Daimler?
Maybe I should have not purchased the Pontiac Vibe which is made on the same line as the Toyota Matrix in Fremont California in a Joint venture between GM and Toyota.
So, with the above examples I don't think I've harmed "big 3" or their employees in any way.
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Here in Albany NY the Concrete workers just went on strike over wages.... right in the heart of home building/swimming pool building season.... happens everytime thier contract comes up.... always in the off season... but the union waits till now to strike for obvious reasons when it will hurt the most.... they are lucky to have work and not smart enough to realize itMr. Demeanor said:Not really directly auto related but I justtalked to my brother in law who is a union painter in Chicago (go figure) for a lrge hotel chain. He never finished high school and has a felony conviction for burglary from his very early adulthood (18) that follws him to this day. He is making $42 per hour. I dont see how any industry can support wages like that for manual labor
I don't know exactly how it works anymore. As Playn pointed out the lines are CLEARLY blurred.Car Biz said:
I do know as a recruiter, in DETROIT the people that I am recruiting are working for suppliers, they are in detroit.
The bottom line is that everytime a GM, Ford, or Chrysler cutback is made it ripples down through MULTIPLE tiers of suppliers.
How do I know? Because I get the flood of resumes from the OEM during the first cut.
Then I get the flood of resumes from the Tier one who lost the program that the oem just cut.
Then I get the flood fo resumes from the Tier two's whos business was just cut because the supplier they supplied to lost their contract/program.
There are grey lines and blurry spots all over the place, but the fact still remains that every time the domestic oems hurt, it ripples all through out the local economy, and hurts EVERYONE. Less spending in the area hurts everyone no matter how you look at it. From less home improvement projects, less new homes, less boats being purchased, less people going out for dinner, ice cream etc.
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Well the rumors are flying. 10,000 white collar job cuts are coming. I heard the executives had meetings today talking about packages being offered to everyone.
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IT"S ALL GOOD NOW!!!!!!!!!
Everyone has received their "stimulus" tax rebate by now right?
I can't believe the media hasn't been doing a better job of showing the turnaround that our entire economy has started experiencing now that those checks are out, where are all the parades and celebrations?
Aren't we all living the good life again now that consumers have flooded our country with ALL THAT CA$H??????
(I know I sure am thanks to my stimulus!!!)
Everyone has received their "stimulus" tax rebate by now right?
I can't believe the media hasn't been doing a better job of showing the turnaround that our entire economy has started experiencing now that those checks are out, where are all the parades and celebrations?
Aren't we all living the good life again now that consumers have flooded our country with ALL THAT CA$H??????
(I know I sure am
thanks to my stimulus!!!)
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