Phil1111

Members
  • Content

    9,728
  • Joined

  • Last visited

  • Days Won

    28
  • Feedback

    0%

Everything posted by Phil1111

  1. You're admitted to the Florida bar. trump's council already used that argument.
  2. Unlike the rackets that the GOP runs Dems have openly called for him to resign. You leader has been convicted and admitted to theft again and again.
  3. Yet some brave people think they can make a dent against all the conspiracy of the right deep state. ...Or is there a different adjective for the hopeless objective?
  4. Palm beach needs to send out tax invoices for the new value.
  5. GOP candidates have to survive the vetting during nomination primaries. Where they have to joke to voters about sexual assault, lie about election fraud, lie about the corruption in Washington, etc. The cream of scum rises to the top.
  6. So in other words he have to use the models that Wharton tried in vain to teach him?
  7. I'd guess that as the actions and court rulings pile up creditors are getting nervous. They likely see bankruptcy on the horizon.
  8. I'm indifferent to unions. in some cases where the abuse of workers is widespread they are necessary. But in some cases small numbers of people can use their leverage to muscle outsized benefits because of the high value of the means of production. Executive pay with perhaps the exception of Elon Musk is a red herring in the situation. Executive pay is highest in the US and the lowest in scandinavian countries. Where in some, executives with high pay packages are ostracized. The airline industry and the automotive industries are the worst of cyclical business with feast and famine. They are worse than mining, shipping and even oil. Working poor people and those who take financial risk to employ people need the highest protections. Protections of laws and fair level operating fields. Just my opinion.
  9. From another story on this decision "The decision will not dissolve Mr. Trump’s entire company, but it sought to terminate his control over a flagship commercial property at 40 Wall Street in Lower Manhattan and a family estate in Westchester County. Mr. Trump might also lose control over his other New York properties, including Trump Tower in Midtown Manhattan," More and more decisions about fraud being committed by trump are coming out. The penalty phase which starts next week should be ....happy!
  10. Profits goes to shareholders first second and third. Not to anyone else. The short answer for the highest labor demands and costs in the industry is further contracting out and thats what will happen. The US was number one in auto production till 1975 in 2018 China made more than twice twice as many autos as the US. In 2019 Mexico produced twice as many cars as Canada. All as a result of productivity and labor costs shifting. Currently The US has a 27.5% tariff on Chinese autos. This is how auto markets in other parts of the world will respond to US costs: Kia Australia boss says Chinese car brands will be in Top Five within three years and another story from Australia: "Take, for example, the popular small SUV segment and the price comparison between the Chinese brands and the other big brands. The entry-level MG ZS SUV is priced from $22,990 driveaway while the Toyota Corolla Cross range starts at $33,000 plus on-road costs. That's obviously just one example, but across the board Chinese brand cars tend to have a price advantage over their competition." The US industry is losing market share abroad and at home. But I guess thats ok with you if auto workers get better pay? You should be chairman of the dying industry daily. Nothing in those statements is enlightening to anyone here. Link in the chain of command? WTF are you talking about. Why not make an intelligent argument about your personal support of labor rights if thats what you're trying to do? If you want to just be argumentative try somewhere/someone else. Shareholders have got the short end of the stick in the US auto industry for the last 30 years. Contracting out will be the answer once again. Union labor will get it once again. Existing legacy union workers will get raises. New hires will get nothing, costs will rise and auto plants will go to Mexico, or further offshore.. US auto production will continue to decile until it dies just like furniture manufacturing did in the US.
  11. Hence the argument that the President should not be picking sides in this strike which he has done. No US president has ever joined in a picket line over a contract dispute. Biden has called a 40% increase in pay justified and told them to "stick with it" today while on the picket line. In Germany on the other hand negotiation is the SOP. Public sector unions just agreed to 5.5% over two years. They arrived at it through government sponsored arbitration.
  12. Shareholders directly vote on the actions of management including management compensation at annual shareholders meetings and through mail, or online votes. They vote for and against the board of directors. The board proposes pay for themselves and for the senior management. A vote is a direct link between shareholders and the compensation of management.Shareholders do not vote for the pay of employees or did you not know that?
  13. Perhaps but executive compensation is irrelevant. That comes our of the pockets of shareholders not union members. The previous union contract sold out new workers for the benefit of existing workers. New workers get as little as $15.78 an hour currently. Which shoots down the argument that these contracts "drags up" the wages of other Americans. If workers gave up so much why are their costs still $20 an hour higher than Tesla and $10 above US based non big three auto plants. Auto workers already have profit sharing which they won during the late zeros. "General Motors Co. will deliver its largest profit-sharing payouts ever to employees next month ― up to $12,750 this year to about 42,300 eligible hourly workers, according to the company's financial results released Tuesday....Last year, GM employees could have received up to $10,250 in profit sharing." A grand a month is the quid pro quo for what they gave up before. UAW workers also receive health benefits at 150% more than what the average US worker receives. GM stock trades at the same price today as it did in 2010. So if the company is making so much where is the payback for shareholders? Doesn't the widows and orphans that own the company deserve compensation?
  14. President Biden is headed to a UAW auto workers picket line today. IMO its a mistake to pick a side in this dispute. He has stated that the UAW gave up allot when the industry was in trouble. That its time to get it back. Airlines and the auto industry are two low return industries for shareholders because of the dominance of unions in those industries. For autos Tesla a non-union company, enjoys a $20 an hour advantage before any settlement. More jobs will shift to Mexico and other low cost plants if costs rise too much. US auto companies have lost market share continuously since 1950. US Market Share by Manufacturer – 1961-2016 Contrary to what UAW spokespersons have said repeatedly. The rising UAW wages don't "drag up" the wages of everyone. They make it difficult for US manufactures to compete with imports.
  15. Its inherent within all conservatives in the US that victimization is a part of the equation, their essence.
  16. Well founded points. But US tax policies for the benefit of the wealthy also has a component.
  17. Phil1111

    Covenant

    Weell I'll disagree. Yes the US has left many people stranded and abandoned. The Kurds and the Afghans the most recent. But a part of that is that politicians just keep wanting to use all that military firepower thats just sitting and sailing around. They define too many situations as having important national interests for the US. The US is the leader in the current confrontations against China and Russia. Both of whom have imperial ambitions. Without US leadership NATO would be in a far worse state. China and Russia are generating enemies at a rate at least ten times that of the US. Russia will likely need a couple decades to recover from Putin's stupidity and this war with Ukraine.Their economy was smaller than Canada's prior to the war and they just announced a cessation of refined oil exports.
  18. Which is somewhat contrary to a long range weapons system but its better than nothing. Perhaps the Ukrainians will swap out a penetrating warhead so they can send more Russian officers to the Winter Palace in the sky. Gen. Mark A. Milley was interviewed about the US sending ATACAMS to Ukraine. A true political officer he did a song and dance on how Ukraine didn't need them. That they were the wrong weapon system for their needs, etc. I could certainly see why he got promoted to where he was.
  19. Phil1111

    Covenant

    Lots of blame to go around for all So did Canada, the UK and other NATO counties. Shameful conduct.
  20. Putin's thugs won't have to engage in physical measures for a while. New reporting has 34 Russian officers killed and 105 personnel wounded. Per normal Russian reporting one person has been listed as MIA. As long as someone is not reported as 200 (KIA) then no benefits need be paid out to the families.
  21. Agree but rest easy Jerry. Ten million is hardly flush with cash in the context of total US lobbing groups. There is little news coverage but they are still slowly dying off from their stupidity.
  22. Even though the UK has had the Brexit experience/disaster. It is still more or less tied to the EU through other trade agreements. The EU is also calling the shots on climate change. EU lawmakers approve effective 2035 ban on new fossil fuel cars I'm not sure if a UK new 2036 gas powered car would be allowed on the continent. SC debaters having debate with US members have to keep in mind that for some, mostly conservative, debaters. The world ends outside the continental US borders. They have a limited understanding on how the rest of the world operates. Unless of course US military power is in the discussion. Sorry Brent.
  23. Or to avoid bloodshed just sell them the republican message that you're poor because you're just not working hard enough. Or the Jebus answer All hard work brings a profit, but mere talk leads only to poverty
  24. "Soft thinking" Is that the best that you can do? Rising productivity generally leads to shorter work weeks and a greater standard of living. Addressing income inequality is the essence of your concerns. Because most jobs that are eliminated by technology result in the individual finding employment a a lessor salary in a less technical job. For that the US is falling behind as the rich are getting far richer. Manual labor is not going to end for a long long time. Fruit still needs to be picked. Service jobs are expanding although at very poor salaries. Economists Pin More Blame on Tech for Rising Inequality "Recent research underlines the central role that automation has played in widening disparities."
  25. Absolutely. Hungary, Poland, Turkey are all worse but then thats not the best company either.