GM Closes 4 Suv and Truck Plants

and shareholders suffer while GM pays GM Chief a crap load of money....

The best quote:
"We either need to change this company or have the Japanese come in and run
the whole place," John Lauve


http://biz.yahoo.com/ap/080603/gm_shareholders.html?.v=5

 

Ahhh. You're a socialist/Lib/Dimocrat, eh?

<snip>

 

Actually, as one who has a lot of money tied up in the stock market (but
little in GM, I have to say that Don't Taze Me, Bro has a point.

Jeff

 

Umm, for thinking the shareholders should not suffer losing money while the
GM Chief is paid an insane amount of money?

How did you get "socialist democrat" from thinking the shareholders should
be treated right?

Folks, above, I would like you observe what it is like to be brainwashed by
one of the various political sides. Anytime a company gets questioned about
ethics, there is always an extreme conservative who thinks it is socialist
to suggest a company have such.

 

It's a fact of life, Junior. Sometimes shareholders lose money. That's
the way the stock market and the free enterprise system works. As for the
CEO making an "insane" amount of money... well, it's certainly more than
other GM employees make, but that's (also) how things work. Those in
charge get paid more. Simple fact of life. Perhaps if you had more
education, you could make some money, yourself!

Because your post is a textbook example of Lib-think, which is thinly
disguised socialism, where you believe everyone should make the same
income, and share everything amongst each other equally. That isn't how
it works here in the USA, thank god. Go visit the (former) East Bloc if
you'd like to see how well that system works.

Wrong. It's socialist to complain that the boss makes more than you do.
Get a clue, and stay in school, boy. Someday maybe you'll be a CEO....
well, that's not too likely, but perhaps you can get out of the fast food
joint.

 

why haven't the SHAREHOLDERS corrrected this?

it's socialist/communist to think that involving Government in regulating
such affairs is the solution. Or any sort of "excess profit" taxation.

 

troll

 

Okay, you go to plonky town.. Buh Bye! PLONK

 

Hey shit-for-brains... For presiding over a $39 Billion loss, he got a 64
percent raise.

 

You don't have to be a socialist/lib/democrat to see a fraud like the one at
GM...

 

let's see how this works:

1. you repeatedly troll.

2. i call you on it.

3. you stick your head in the sand.

doesn't seem very smart. or social. but i guess problems with social
interaction are why you're trolling in the first place.

 

Here is a fact for you. Rick Wagoner, CEO of GM got total
compensation last year of over $14 million. That is more than the
compensation of the CEO and the 36 board members of Honda Motor
Company combined. Honda had record sales last month. How is GM
doing? Oh, that's right, the death spiral thing - never mind.

Anyway, US executives are paid obscene amounts of money not just in
comparison to "other employees," but compared to their foreign
counterparts. Hard to see the value here. The truth is that American
companies are - more and more - being run for the benefit of the
executives rather than the stockholders or, god forbid, the mainstream
workers.

 

Not much risk of that with GM involved.

 

Who mentioned the government?

 

I'm sure Republican shareholders are just as pissed off as anyone else.

You know that. But you needed to say something. Anything. Even if it made no
sense.

 

As I said....

that is the usual demand;for Gov't to regulate something,when other means
of control are not achievable.

Since shareholders are not forcing "appropriate" CEO salaries or denying
unearned bonuses,what other way is there?

 

and shareholders (and the BOD) allowed it.

 

and whose fault is that?
Do you suggest "there oughta be a law against it"?

BTW,companies are not run for the benefit of workers.
They are run for making a profit for their owners.

 

PKB...

 

But I like reading drivel from morons!