Midas1

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    • Mon Dec 1st 14:21 PM
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      Rating: +1 0
      Commented on:
      A Modest Proposal For The U.S. Auto Industry: Stop Building Cars
      I think the CEOs of Ford and GM should agree to a salary of $1 per year until their companies are profitable. Thirty-seven (YES 37) Toyota executives make a COMBINED $35 million. Two men (GM/Ford) make a combined $40 million. Greed is what is killing GM, Ford and America. CEOs fly private jets to Washington and don't even have a plan in hand to present to gravel for $25 billion in taxpayer dollars. Pathetic, ruinous management. Get rid of the CEOs and get some fresh blood in the ranks, especially at GM. And GM-STOP TELLING YOUR CUSTOMERS TO POUND SAND WHEN THE BLASTED TRANSMISSION GOES OUT OF YOUR PRODUCTS AT 800 MILES!!! THE CONSUMER DIDN'T DO IT. THE TRANSMISSION WAS DEFECTIVE FROM YOUR END!
      View article »
    • Mon Nov 24th 11:42 AM
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      Rating: 0 -1
      Commented on:
      The Big Three Crisis: Stocks Plunge as Politicians Moralize
      Obviously, you're one of Ford's employees who think the taxpayers should foot the bill for your retirement. Not. If Ford makes such good products, they should have no problem competing in a free enterprise system WITHOUT government handouts off the backs of the taxpayers WHO DO NOT COLLECT more than 90% of their salary in a pension. It's time for the UAW to get a clue. The UAW has killed the auto industry. Don't expect the population to bail you out. I do not want to support whiny people griping about a $10 copay to see a doctor when the rest of us have had copays for years in the range of $30-50. Face it, the Big 3 are obsolete.


      On Nov 24 11:04 AM TB3 wrote:

      > Another example of your "experts" knowledge based on maybe a couple
      > of hours watching CNN. Since you obviously haven't done your homework,
      > let me enlighten you. Ford's Mulally has the company going full speed
      > converting several successful smaller European cars so that they
      > meet all the different governmental regulations here vs abroad. And
      > it's not just the vehicles either. He also has to convert the assembly
      > plants that will put them together. Did Ford drag their feet in the
      > past? Absolutely. But not since Mr Mulally took over. He for one,
      > is not the problem, but the solution.
      View article »
    • Mon Nov 24th 10:24 AM
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      Rating: 0 -1
      Commented on:
      The Big Three Crisis: Stocks Plunge as Politicians Moralize
      Affcted, not effected.


      On Nov 24 10:22 AM Mister Jimmy wrote:

      > "Midas1", You state that "Toyota and Honda are simply superb companies
      > that back their product"? Do this: Google "Toyota engine sludge"
      > and read about the class action lawsuit that it finally took to get
      > Toyota's attention about a chronic design flaw with their engines.
      > Toyota and the dealers BLAMED THE CUSTOMER for not changing the oil
      > at required intervals. A court decision determined otherwise. Similar
      > issues have transpired with their truck engine crank shafts and car
      > transmissions.
      >
      > You've been drinking the Japanese Kool-Aid too long, junior, and
      > it's effected you ability to gather facts and think rationally.
      View article »
    • Mon Nov 24th 10:23 AM
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      Rating: 0 -1
      Commented on:
      The Big Three Crisis: Stocks Plunge as Politicians Moralize
      Oh, yes let's infuse blood into a dead horse. The stupidity belongs to GM and Ford who couldn't get their crap together after the oil embargo to make a decent car. No company could have been so stupid as to think there would not be another crisis. I WILL NOT SUPPORT PADDING THE POCKETS OF IDIOTS!! GM and Ford's quality has never been that great. Yet, they want a "Cadillac" price for vehicles they never back. You can enjoy replacing transmissions. I have better things to do than to back these companies that continue to operate with a mentality and intellect that couldn't spell cat if one spotted them the "c" and the "a". Government involvement is socialism. The fact is Ford and GM cannot compete with thinking companies. They were too busy gobbling profits from wasteful fuel inefficient SUVs which you probably drive.


      On Nov 24 09:40 AM qObserver wrote:

      > So you will go and buy a vehicle based on the compensation of the
      > CEO's? Give me a brake!
      >
      > You seem to forget that in the 70's most of the Japan products were
      > a pile of crap, after just a few years they were a rust bucket, I
      > know I owned a couple.
      >
      > Quality is preservative; the difference today between the best and
      > worst is statistically insignificant. Every manufacturer makes a
      > quality product, if they didn’t nobody would but them.
      >
      > Lets not forget, GM SELLS THE MOST CARS AROUND THE WORLD, so this
      > is not an insignificant company.
      >
      > The issue at hand is not the cars, the compensation, the quality;
      > it’s a credit issue that is affecting every company around the world.
      > No available credit = no car sales, period.
      >
      > Anybody, including yourself, that seems to think it’s a good to allow
      > a significant national asset like the American auto industry to fail
      > for issues that are out of their control is simply showing their
      > lack of intelligence (wanted to say stupidity, but wanted to be nice).
      > You should get better educated, learn the facts, and understand the
      > sever consequences that will come if this is allowed to happen.
      >
      >
      > By the way, it’s a loan, not a handout!
      View article »
    • Mon Nov 24th 09:01 AM
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      Rating: +1 -1
      Commented on:
      The Big Three Crisis: Stocks Plunge as Politicians Moralize
      The CEO's (2) of Ford and GM make a combined $40 million. Thirty-seven (yes 37) executives at Toyota make a COMBINED $35 million. Toyota will always have my business. They treat their customers well and they don't pay multimillion dollar bonuses to a few. When Ford and GM went graveling for money, neither could present a plan. These overpriced incompetents ran the companies into the ground and now expect the taxpayer to keep them going. The UAW stinks as bad as the management. In the Japanese culture, benefitting a few at the expense of many is a shame factor. For all the years Ford and GM told their customers to pound sand when the blasted transmissions went out of their cars at 800 miles and the customer was conveniently blamed, I have no respect or sympathy for their present predicament. Toyota and Honda are simply superb companies that back their product. Both are forward-thinking and both treat their employees with respect. Ford and GM's ceo pay and actions of the past week have now ensured no company could pry me away from Toyota!
      View article »
    • Tue Nov 18th 11:40 AM
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      Rating: 0 0
      Commented on:
      Employee Healthcare Deductibles Are Becoming Punitive
      I pay $405 per month for a $3,000 deductible/$3,000 co-insurance plan, $6,000 maximum out-of-pocket. My plan pays for MD visits with my $25 copay, but will not pay for diagnostics until the $3,000 is met. I do not agree with bailing out GM when Fox reported the money is going to fund retiree benefits. Excuse me, but when are GM employees entitled to healthcare at taxpayer expense. GM's employees whined when they had to pay a $10 copay. In reality, the rest of us have been paying that and much higher for years. I believe in exercise, supplements, good diet, and putting effort into my healthcare. I do not want to pay for the epidemic of obesity which involves poor choices leading to diabetes, renal failure, etc. Diseases and accidents happen. Insurance was meant for those situations. If I break my leg, my insurance will kick in and I will negotiate payments to the hospital to meet my deductible and co-insurance. I agree with you, iThinkBig, that insurance is not an entitlement. I only wish that hard work and integrity were rewarded at other businesses. If you're a rude, crude, overbearing, obnoxious, lying, cheating, scumbag, we can't seem to do enough for you. If you work hard, diligently with integrity, your pockets are the ones that keep getting picked to pay for others' misuse of the healthcare and other systems.


      On Nov 17 11:07 AM iThinkBig wrote:

      > So why is it better as an employer to have a vast increase in taxes
      > to support universal healthcare? As a business performer, I prefer
      > to pay $1,500 a month for the best family coverage I can buy and
      > work harder and smarter to be able to afford it. And our family spends
      > time and funds on preventative medicine. Let's face it, one way or
      > the other medicaire is non-sustainable so the quality of care is
      > going down whether employees pay more or the employer pays more.
      > Frankly, I provide full health insurance to all employees. They perform
      > and create sustainable revenue or they wander the market learning
      > the hard way that they are not "OWED" top pay and health benefits
      > with lackluster performance.
      View article »
    • Mon Nov 17th 09:23 AM
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      Rating: 0 0
      Commented on:
      Are Consumers Satisfied With Online Banking?
      Bank of America's system is down every time there is an "up" day or a bad "down" day. They have taken on too many customers without adequate IT backup. When their server goes down, accounts show a zero balance. No trading can be done when this occurs and the system remains in gridlock until IT personnel get the blasted thing fixed. BAC is in the customer service hall of shame and it should be. Their hurry to acquire companies (Merrill Lynch, Countrywide) left their customer service in the toilet. Big certainly does not mean better. Early in October a quote on IBM was frozen for more than 24 hours. How many people do you think made decisions based on the erroneous information? How ironic the frozen IBM is the very company BAC so desperately needs to fix its problems!!!
      View article »
    • Mon Nov 10th 14:02 PM
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      Rating: +1 0
      Commented on:
      Demand More for Your Auto Bailout Dollar; Oil Patch Should Bounce Back Long Term
      Toyota builds cars that last for 10-20 years without a lot of headaches. For each month there is no car payment, money can go to a retirement account. For the many years I owned Toyotas, I was not stranded continuously and never have had a major problem (transmission, engine, etc.). A 15 year old car with its original alternator.....etc. To Ford and GM: You must back your products. When I hear a friend state a Ford dealership told her to "pound sand" when her new vehicle had paint peeling from an obvious defective paint job, I certainly don't want the same. I challenge Ford and GM to build a vehicle with 1) a SOLID five-star crash rating (at least on the driver's side), 2) fuel-efficiency (at least 30 mpg); 3) seats that are comfortable and support the lower back; and 4) service extraordinaire like Toyota. After the sale, BACK your product. If the transmission goes out at 800 miles, don't find 100 excuses for why it was the buyer's fault. Change out the blasted thing at your cost. Build it, back it and they will come!!! Toyota has set the bar very high. You must exceed past them to gain back trust. By the way GM, what happened to the joint venture between you and Toyota in Fremont, California???????
      View article »
    • Mon Nov 10th 12:11 PM
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      Rating: +5 0
      Commented on:
      Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
      Instead of Japan, we'd rather be owned by the Chinese? Not. We owe China $520 billion. Toyota profit shares with all its employees. They do not give multimillion dollar bonuses to a few. Hands down, Toyota's leadership and ingenuity is lightyears ahead of GM. The Prius was a 1994 innovation, years ahead of the 2008 oil crisis. GM was still building the Suburban 1994-2008 that gets 6 mpg on a good day. HELLOOO-any level of common sense could have predicted an oil crisis with climbing gas prices. Don't blame Toyota for being forward-thinking when domestics were so focused on bigger profits from the gas guzzlers!! Taxpayers should not now have to be exploited because of management that couldn't spell cat if they were spotted the "C" and the "A".


      On Nov 10 10:23 AM User 294975 wrote:

      > And how much does a Ph.D. get paid to write articles without any
      > thought or reality? The key is total compensation. Where does that
      > money go? Back into our economy in the form of cash spending, health
      > care, retirement and more. Is this important? I guess if the government
      > can support them when they retire and our health care system is willing
      > to cut their costs way down to take care of us and if people earning
      > money to spend in our great country isn't important, then let them
      > go out of business. I'm sure Toyota and Honda will send some of their
      > profits back to the US from Japan to support us........NOT.
      View article »
    • Mon Nov 10th 10:10 AM
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      Rating: +22 -2
      Commented on:
      Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
      Why can't Ford make a car anyone wants??? If the product is so great, why ask the government for a bailout? Toyota and Honda will survive just fine, thank you very much. Both have decent management, integrity and creativity--all lacking at the likes of Ford which seems to only want to make SUV waste. Many workers across the U.S. work hard and don't expect a handout or government welfare when times are bad. Don't think the taxpayers should bail out Ford or GM when neither seems to want to make a product that can actually work! If Fox was correct and this money is for retirees' healthcare, here's an idea. Get off your butt and work in retirement like the rest of us! Workers at Ford and GM are no better than anyone else, plain and simple!
      View article »
    • Mon Nov 10th 09:39 AM
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      Rating: +26 -7
      Commented on:
      Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
      Fox News reported this weekend that GM is seeking multibillions to fund their retirees' HEALTHCARE costs. BS!!!! No one is giving me a free ride on healthcare. I DO NOT WANT MY TAX DOLLARS PAYING FOR ANYTHING OTHER THAN PRODUCT INGENUITY!! Taxpayers fund Medicare--now we're supposed to give GM retirees the "cadillac" of healthcare? No way. Let them fail. This money should not go to padding pockets of overpaid employees whom the union would only allow a simple job task and no cross training. GM is never going to match the quality of Toyota or Honda as long as the focus is on what more they can do to pacify the stupid UAW. It's time to dump the UAW and infuse a dose of common sense into the domestics!!
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    • Mon Sep 29th 10:46 AM
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      Rating: 0 0
      Commented on:
      The Great Bank Rush of 2008: What's the Money For?
      Face it, we're on a financial Titanic. For the greed of a few, there goes the country. Mr. Bush, is there anything else you'd like to ruin before you get your sorry behind out of office?
      View article »
    • Tue Sep 2nd 15:38 PM
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      Rating: 0 0
      Commented on:
      NBC Refuses Pickens Plan Ad
      This is blatant censorship. Freedom of speech? Yah, right... If you're willing to pay for ad time, who is GE or NBC to deny anyone presenting an idea or thought? We are getting closer and closer to solialism by the day. Where's the flow of free ideas?
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    • Tue Aug 26th 12:50 PM
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      Rating: 0 0
      Commented on:
      Keep the Remaining Blue Cross Plans Non-Profits
      WellPoint ruined the great reputation and decency of what was Blue Cross Blue Shield. Corruption, office politics exeeding that of Washington, and very poor management have taken a good company to ruins. No ethics, no problem. Steal from the stockholders, the employees and don't think twice about it. Those multimillion dollar bonuses given to the CEO and others are coming directly from premium dollars. Greed is the name of the game. Politicians point to high healthcare costs--why not start with the "bonuses" given to some worthless executives who have taken the company into the ground? Anyone with any intelligence and ETHICS is scooted out the door. The remaining "management team" couldn't spell cat if one spotted them the "c" and the"a". How about oursourcing the management as WellPoint has done with claims and other departments? What a thrill to call about a claim and get someone who can't even speak English. WellPoint can sit on it and rotate!
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    • Tue Aug 12th 12:18 PM
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      Rating: 0 0
      Commented on:
      That Sucking Sound? It's FDIC Insurance Taking Over
      RAB-then those people who invest in companies should be bailed out when there is a loss! Obviously, you're one of the ones who need the bailout. Stop whining and blaming the sales people. Read the fine print. Get educated!
      View article »