DetFP LTTEs -- DELPHI BANKRUPTCY: Whose greed dooms Delphi?

[Bozita]

Where's Waldo? Find the freeper letter at the link:

http://www.freep.com/voices/letters/edelphi11e_20051011.htm

DELPHI BANKRUPTCY: Whose greed dooms Delphi?


October 11, 2005


As usual, the autoworkers at Delphi are taking the blame for poor management. Why haven't we heard of the pay and benefit cuts of 63% or more the guys at the top of Delphi are going to have to take? Oh, that's right, they just got a better deal -- more money from the company! Maybe if they fired 75% of the top management, and the rest of the bosses got to work ...

Don't blame the man and woman on the factory floor. Most of our jobs are not the nut-and-bolt jobs most people think they are. After years of job losses, we do a lot more to keep the cars and trucks moving down the line. We earn every penny we take home to support our families and a lot of our neighbors' families, too.

Bryan Bowns
Munith


Misplaced rewards

The troubles at Delphi have been documented about financial irregularities in their reporting, and now the managers are being rewarded for those irregularities. How many of us in the real world are rewarded handsomely for our errors?

Cheryl Smark
St. Clair Shores


Worried for America

I am worried for this country. We have been brainwashed into thinking that the blue-collared worker is driving operational costs up, and now another company has to declare bankruptcy. Well, I am not a businessman, I am a nurse, and from what I read this bankruptcy will not close Delphi but will enable it to reorganize. That sounds to me like it is its big chance to move overseas.

In these other countries the workers work for a tiny percentage of what Americans work for. Those workers will still spend that small percentage in their country, not ours. The money spent in this country supports business that has sold workers out.

I fear one day we as a country will be held hostage by those nations that still know how to produce and not just have ideas.

Helen Barney
Detroit

more...

[Coastie for Truth]

1. I have owned GM stock for over 40 years

(My Dad bought me the shares as a college graduation present) - I worked on the GM Electric Vehicle project for a vendor.

But, as soon as Roger "Squeaky" Smith began the dismemberment of "MY" General Motors, I have voted my shares against the incumbent management, that includes Smith, Lutz and Waggoner. (I think Reuss and Stemple might have turned things around).

Lutz is from another age - with the silly "Harley Earle" ads. Instead of pushing heavy iron they should have moved forward with the electrics, and hybrids.

The problem is not with the UAW or the workers - the rot starts at the head.

<>

[Bozita]

2. Mandatory viewing: "Roger and Me" -- See Flint as redone by GM

The film may be almost 20 years old, but it holds a lot of insight into the future.

Thanks for the reminder.

[Coastie for Truth]

3. We saw it as part of a double feature

with "Tucker-The Man and His Dream" at a neighboirhood, "Mom and Pop" theater on Woodward Avenue in the Ferndale-Pleasant Ridge area. The crowd was cheering (a very anti-management crowd).

[Sadie5]

4. They keep spouting one lie after another

It is not the workers, it is the management. This is nothing short of a ploy to move out of the country. Yesterday someone posted that the workers were around $60 per hr. w/ benefits. This is totally untrue. When GM started this ruckus about selling off Delphi a few years ago they actually sold it to themselves in a spin off. The workers already there stayed at the same rate of pay as before. New hires were started in at around $12-14 per hour with lesser benefits. When GM started to talk of moving away, and this has been going on for about a year now, the Union started placing the older workers in other GM plants that had openings. All that remains at the Delphi plants are those who make the lower wages. Unless there were some who refused to leave the area, and retirement is likely in that case. Propaganda abounds with this issue, and GM is fabricating those wages along with the MSM. A strike could cripple their profitable companies, among those are GMAC financial institutions, Raytheon and others. This is nothing short of screwing the worker while GM moves to another country and avoids all tax.

[Bozita]

5. That film screams for a thread unto itself here in GD

UAL, Delta, NWA, Delphi, etc.

Please do it!