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Here's an explanation on how the CEO made $29 million.  https://www.cnn.com/videos/business/2023/09/15/mary-barra-intv-compensation-gm-ceo-strike-cnntm-vpx.cnn.. If she leads the firm to make profits she and the workers all benefit.  Thhe UAW looks at a num not the cause of the number. If profits go down, her pay goes down or she's fired!

 

The UAW has been slowly putting the workers out of a job since the 70's.

I've always said why are wew paying a guy $60K/year to bolt a seat into a Chevy?

 

Detroit is a ghost town because of the loss of market and the UAW driving production out of the US!

 

400,000 UAW workers $60K/year average X 1.36 is now $81,600/year or $8,640,000,000 added labor cost to the price of US made cars.  $29 million is a drop in the bucket.

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Shocking I say, shocking!
 

"The bankruptcy filing was precipitated by a massive damage award and ongoing litigation in a long-running dispute between ILWU Local 8, the union chapter in Portland, Oregon, and terminal operator ICTSI Oregon.

In November 2019, a jury found that the union had engaged in unlawful practices in 2013-2017, including work stoppages, slowdowns, “safety gimmicks” and other coercive actions."

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10 minutes ago, Dirty Dan Dawkins said:

In other news......

 

ILWU dockworkers union files for Chapter 11 bankruptcy protection (yahoo.com

 

 

I predict government bailout.

The Teamsters Central States Pension Fund isn’t far behind. Long history of gross mismanagement and corruption. 

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8 hours ago, irish ike, SASS #43615 said:

Here's an explanation on how the CEO made $29 million.  https://www.cnn.com/videos/business/2023/09/15/mary-barra-intv-compensation-gm-ceo-strike-cnntm-vpx.cnn.. If she leads the firm to make profits she and the workers all benefit.  Thhe UAW looks at a num not the cause of the number. If profits go down, her pay goes down or she's fired!

 

The UAW has been slowly putting the workers out of a job since the 70's.

I've always said why are wew paying a guy $60K/year to bolt a seat into a Chevy?

 

Detroit is a ghost town because of the loss of market and the UAW driving production out of the US!

 

400,000 UAW workers $60K/year average X 1.36 is now $81,600/year or $8,640,000,000 added labor cost to the price of US made cars.  $29 million is a drop in the bucket.

Largely why I drive a 23 y/old F250 and an 18 y/o Toyota Tundra. I can do basic maintenance myself and my mechanic can fix them fairly quickly and affordably. Screw it if they get 13 mpg and 16-17 mpg. I can buy a lot of fuel for a paid off truck vs payments on a new one, at 7-8% interest now, and insure it at a decent expense.

Heck a transmission rebuild and engine overhaul make a lot more sense than a $700-1000 payment on some of these 1/2 ton trucks, and all that over priced insurance.

 

Talked to a guy the other day- 3/4 ton Ram Cummins  diesel. 850 credit score- $1400 a month payment. The union didn't force him to do this. Stupidity did. He drives this to work, not work out of it.

The basics of wealth building are- there are assets, and there are liabilities. Apparently, his views on assets and liabilities differ from mine.

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9 hours ago, bgavin said:

And I drive a 1991 Toyota Truck for the same reasons.

My son just bought a Toyota Tacoma. Great truck! 6 cyl.

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My friends ask why I continue to drive a 1991 beater when I can afford a new Toyota.
#1 - Nobody makes a small truck anymore..  I have no need for the large Tacoma, nor a full size pickup.
#2 - Tacoma is one of the few offering a stick shift.

The bell housing is a single casting with the transmission, and when the clutch grenades, the entire case has to be rebuilt and replaced.
#3 - The computerized displays and toys are failing, and VERY expensive to replace.
#4 - Some Toyota V6 have a pump under the intake valley, requiring a full top end strip to service it.

I won't own a Tundra, ever.
A replacement starter is about $1,000 plus 8 hours of shop time to drop the entire right exhaust manifold and system to reach the starter.

I was a factory Toyota tech in the 1970s, and they were wonderful vehicles and easy to service.

We still buy only Toyota, but I don't want the above problems in a new truck.

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4 hours ago, bgavin said:

My friends ask why I continue to drive a 1991 beater when I can afford a new Toyota.
#1 - Nobody makes a small truck anymore..  I have no need for the large Tacoma, nor a full size pickup.
#2 - Tacoma is one of the few offering a stick shift.

The bell housing is a single casting with the transmission, and when the clutch grenades, the entire case has to be rebuilt and replaced.
#3 - The computerized displays and toys are failing, and VERY expensive to replace.
#4 - Some Toyota V6 have a pump under the intake valley, requiring a full top end strip to service it.

I won't own a Tundra, ever.
A replacement starter is about $1,000 plus 8 hours of shop time to drop the entire right exhaust manifold and system to reach the starter.

I was a factory Toyota tech in the 1970s, and they were wonderful vehicles and easy to service.

We still buy only Toyota, but I don't want the above problems in a new truck.

Tacoma is a mid sized pickup, it's really not that big.

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7 hours ago, bgavin said:


I won't own a Tundra, ever.
A replacement starter is about $1,000 plus 8 hours of shop time to drop the entire right exhaust manifold and system to reach the starter.

You talking the new Tundras? Mines an 06


I don’t like the new look, nor the idea of a twin turbo v6 is a turnoff 

 

 

 

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I don't mean to diss anybody's choice of truck.
Mine is a "mini" truck, like the old Toyota Hilux series.

The current Tacoma is certainly not the size of a RAM or F150, but I'm still not interested in a big truck.

Nor do I need 4-doors... an extended cab and 6-foot bed suits me just fine.

I have no need for anything more than a 4 cylinder, nor for 4WD.

 

 

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".....UAW "dues" are 2.5% of the worker's monthly salary/paycheck. For someone at $28hr that equals $70 per month/$840 per year. This amount is over above taxes/Medicare/social security/insurance/etc....."

 

this is what has always bothered me about unions - they tax you like theyt are the government and spend like they are the government then promise a retirement that often gets robbed and the government does nothing to help you out after you lose everything , im also questioning this reduced work week issue of 32 worked/40 paid , thats french socialimsm , italian socialism , or just plain communism , ,

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22 hours ago, bgavin said:


I won't own a Tundra, ever.
A replacement starter is about $1,000 plus 8 hours of shop time to drop the entire right exhaust manifold and system to reach the starter...

 I have a 2008 Toyota Sequoia. Great vehicle, lots of room and lots of power. I just discovered myself where the damn starter is located (whatthehell???) but I felt very fortunate because when my starter gave out it was in my driveway the day after a 2000 mile round trip. My neighbor is a mechanic who does work for me at half the going rate. I figure my new oem starter has got more mileage on it than the 230,000 mile vehicle does. Cosmetically it ain't pretty but it sure does go and go and go.

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My buddy is a car salesman at Buick/GMC and told me if this strike goes any further parts are going to be hard to get. I have a 2022 Encore with 8000 miles I think I’m good for now but you never know! Lots of dealers are low on inventory for parts. 

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I used to see a bumper sticker a lot in Southern California that said “Live Better / Work Union”. I got a hold of one of these and put it on my truck only I modified it. I removed the word “Union” so it read “Live Better / Work”

I couldn’t believe how much crap I heard from people over that sticker. Some were union members that felt I had desecrated a solemn message. Others were butt hurt that I was telling them they had to work. 
 

I bought a middle finger decal to put next to the word “work”. Ironically, no one complained about that. 

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The #1 gripe I have with modern vehicles is they shut off the engine at stop lights.
This is asinine.

 

Engine wear is the worst at startup, as the oil galleries are not yet up to pressure.
Many years ago, my Dad wired an auxiliary electric oil pump to start when the driver door opened on his Econoline van.
By the time he got the key turned, oil pressure was already up.


Starter motors are simply not designed for that strenuous duty cycle.

As noted above, starter motors are both expensive to buy and expensive to service.

Asinine engineering decisions can be traced directly back to asinine gov't fuel economy standards.

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3 hours ago, Dantankerous said:

 I have a 2008 Toyota Sequoia. Great vehicle, lots of room and lots of power. I just discovered myself where the damn starter is located (whatthehell???) but I felt very fortunate because when my starter gave out it was in my driveway the day after a 2000 mile round trip. My neighbor is a mechanic who does work for me at half the going rate. I figure my new oem starter has got more mileage on it than the 230,000 mile vehicle does. Cosmetically it ain't pretty but it sure does go and go and go.

I’ve only ever replaced one starter in my life, well held it up while buddy bolted it in, on his truck- 97 z71 350 vortec. Original starter at about 290,000 miles 

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10 minutes ago, bgavin said:

The #1 gripe I have with modern vehicles is they shut off the engine at stop lights.
This is asinine.

I agree. 
 

Where that comes from is federal standards on bus emissions. Transit agencies actually have to report the length of time for each bus in their fleets that are allowed to idle more than a few minutes. If an agency reports too much “idle time” that agency loses federal revenues. 
Some morons in the EPA took that a step further regarding new cars and trucks and emissions mandates. I refuse to own a vehicle that does that. 

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My Navy daughter has a Mercedes which allows this "feature" to be disabled.
She has to push the Disable button every time she starts the car.

We have to do the same with the "Sport" button on my bride's RAV4.
This prevents the endless shifting (and wear) in "Eco" mode.

After 50 years in the computer business (next June 27), I am fed up with nanny machines that think for you.

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As a 38 year UAW member now retired I have a somewhat different perspective than most posters on this topic. My perspective is from  experience, not opinion. We all have opinions. I generally don't share mine. I can share my perspective of unionism and collective bargaining but I prefer doing it face to face. 

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