Indiana General Motors workers reject concessions

These folks have chosen to have 100% of nothing rather than 50% of something. Health care? Not too bright of them.
Indiana General Motors workers reject concessions
http://tinyurl.com/2emwp6s
--
Service Guarantees Citizenship

Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On 9/28/2010 4:08 AM, Jim_Higgins wrote:

You know for what bailouts and defict spending is going to cost Americans, you have to wonder where the trillions are really going.
Scary part is congress and the senate are not asking questions. Maybe the corruption is so big no one wants to know the answer.
--
Is government working for you, or are you working for the government?

Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

It is the same or smaller cake so more money means each slice gets smaller and costs more money each - sometimes called inflation.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Food inflation, as measured by the Wholesale Price Index (WPI), rose to 15.46 per cent for the week ended September 11, primarily due to rise in prices of potatoes and onions.
Food inflation stood at 14.77 per cent during the corresponding week in 2009 and at 15.1 per cent during the previous week ended September 4. This is the fourth consecutive week that the rate of food prices has risen, although signs of moderation had appeared in July and stayed on through the first half of August.
Here below is how a price of something like a hamburger costing $1 now will increase in cost in 15% inflation:
1.00 1.15 1.32 1.52 1.75 2.01 2.31 2.66 3.06 3.52 4.05 4.65 5.35 6.15 7.08 8.14 9.36 10.76 12.38 14.23 16.37 18.82 21.64 24.89 28.63 32.92 37.86 43.54 50.07 57.58 66.21 76.14 87.57 100.70 115.80 133.18 153...
This is not showing the value of the hamburger going up it is the value of the $ going down down down.
The reason is obviously overprinting and the real poblem is it has been going on for a long time and the government is addicted to it and can not stop.
So it is time to build a wheelbarrow - maybe a new business for GM?
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
That may be your personal opinion but the fact is GM is still the number one seller in the US, year to date. GM has been profitable for the past two quarters as well.
wrote:

Food inflation, as measured by the Wholesale Price Index (WPI), rose to 15.46 per cent for the week ended September 11, primarily due to rise in prices of potatoes and onions.
Food inflation stood at 14.77 per cent during the corresponding week in 2009 and at 15.1 per cent during the previous week ended September 4. This is the fourth consecutive week that the rate of food prices has risen, although signs of moderation had appeared in July and stayed on through the first half of August.
Here below is how a price of something like a hamburger costing $1 now will increase in cost in 15% inflation:
1.00 1.15 1.32 1.52 1.75 2.01 2.31 2.66 3.06 3.52 4.05 4.65 5.35 6.15 7.08 8.14 9.36 10.76 12.38 14.23 16.37 18.82 21.64 24.89 28.63 32.92 37.86 43.54 50.07 57.58 66.21 76.14 87.57 100.70 115.80 133.18 153...
This is not showing the value of the hamburger going up it is the value of the $ going down down down.
The reason is obviously overprinting and the real poblem is it has been going on for a long time and the government is addicted to it and can not stop.
So it is time to build a wheelbarrow - maybe a new business for GM?
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
And falling in market share every month. Tic tock GM is on a rock...
On 9/30/2010 8:17 AM, Mike wrote:

--
Is government working for you, or are you working for the government?

Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On 9/30/2010 5:35 AM, Bjorn wrote:

That is precisely how it works. A burger is a burger, a barrel of oil is a barrel of oil. An ounce of gold is and ounce of gold. None change.
Just how much diluted and depreciated currency does it take to acquire the said item.
Housing takes a hit because people who have less to spend will spend less. This includes cars, housing etc. There is also a civic tax liability as they go up with inflation encroaching on disposable income making maters worse. As houses price below inflation, the economy stalls. And will remain stalled until after tax income increases which isn't happening. Cars are like this too, why have two or three depreciating assets when you only need one?
We can thank Obamanomics, Obama and the Democrats bailout the ubber-rich and banks, it does not help middle class pocket books.
And debt, debt is the enemy not the answer. You cannot as an individual, company or government spend your way out of a debt problem. All they have done is assure this will last a decade or longer.
I hear democrat congress wants the Chinese to devalue the US debt. I fear your average American has no clue how dangerous this is. Total bailout costs have in essence bankrupted Washington DC.
--
Is government working for you, or are you working for the government?

Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Even when inflation is slow big changes happen over time.
I read that yesterday in Sweden their currency got rid of the parts - re - similar to cents.
re is 1/100 of a krona which is their base currency.
http://sverigesradio.se/sida/artikel.aspx?programid=2576&artikel=4058701
It is similar to what will eventually happen to the cent which is 1/100 of a dollar.
I do not know what will happen when the $ becomes like the re or the cent and is too small to use in commerce.
It has happened many times before in history that countries decide to get new set of currency and leave the old completely.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Related Threads

    Motorsforum.com is a website by car enthusiasts for car enthusiasts. It is not affiliated with any of the car or spare part manufacturers or car dealers discussed here. All logos and trade names are the property of their respective owners.