Ford Posts $997m Profit, Projects Solid Income - Ford, CAW reach production pact

[jry]

Originally Posted by landjet06

Great news for the UAW,no more givebacks to Ford! With news like this,the UAW could even get the jobs bank back at Ford! Go UAW,Go!

Not so fast. Ford has quite a bit of debt to pay off.
This is great news but by any account the recovery is still fragile.
The imbeciles at the UAW should be thankful that their rank and file are working and should stand down.

[AMERICA 123]

Originally Posted by landjet06

Great news for the UAW,no more givebacks to Ford! With news like this,the UAW could even get the jobs bank back at Ford! Go UAW,Go!

Beneath all the spin and hype both here and in Ford's press release is a truly enormous, multi faceted sacrifice and positive contribution by the UAW.

Also an understated contribution by Ford Motor Credit.

[PAULSTS1]

Originally Posted by jry

Not so fast. Ford has quite a bit of debt to pay off.
This is great news but by any account the recovery is still fragile.
The imbeciles at the UAW should be thankful that their rank and file are working and should stand down.

Hi Jry:

I totally agree, no manufacturer is out of the woods, any blip on the economy or national disaster could throw everything into chaos! What do some of these Union fanboys think of? Money doesn't grow on trees, if I had been head of any of the big three I would be seeking workers from outside of the USA, for economical reasons 5 years ago!

If the Unions don't educate the rank and file, they will be "busted" fatally!

[AMERICA 123]

Originally Posted by joemac

Not true. The last 25 years labor has been moved because of corporate-tism. The middle class that makes up the middle class has been sold out in favor of stuffing the pockets of management, executive and corporate elite at the top at an ever increasing rate. The difference between the lowest 10% and highest 10% income brackets has never been greater than it is now in the US. The US will not thrive having a few rich people at the top with all the money. It simply is not working and will not work. So if your striving for everyone to make $8 an hour and really think that's the solution for our countries middle class, we're well along that path and the end picture will not be pretty.

Outstanding post.

We have had the dubious distinction since last October ( soon to be updated ) of the largest gap between the low and the high of the top 30 economies as measured by the OECD AND also dominate all negative trends.

Notice the financial sectors rise to true ascendancy in all this exactly corresponds to our decline.

[marinerbc]

Originally Posted by landjet06

Great news for the UAW,no more givebacks to Ford! With news like this,the UAW could even get the jobs bank back at Ford! Go UAW,Go!

Awesome news, ain't it?

SO why haven't you "Us first!!" dudes unionized Toyota and Honda plants? Just askin'.

I know the answer, and so do you. You and your bosses are



Job bank...Jesus H..

[Simon says]

Originally Posted by marinerbc

Awesome news, ain't it?

SO why haven't you "Us first!!" dudes unionized Toyota and Honda plants? Just askin'.

I know the answer, and so do you. You and your bosses are



Job bank...Jesus H..

I think he was being ironic . . .

[Member17739]

Originally Posted by wescoent

http://www.reuters.com/article/marke...0091102?rpc=44

Its good that they are trying to "refinance" some of the debt. By 2013 they might have enough cash to pay it off straight out or the stock will be much higher by than and any equity for debt exchange will result in lower dilution.

[marinerbc]

Originally Posted by Simon says

I think he was being ironic . . .

I know he was. I just wanted to throw that in.