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Reply #14: I see that they are talking about labor costs [View All]

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CitizenPatriot Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 11:57 AM
Response to Reply #9
14. I see that they are talking about labor costs
and I really appreciate the chart. I get the point about the legacy costs -- and that's a very interesting factor that I hadn't considered.

I'm still curious about the ceo's salaries and the board members' salaries. I'd like to see them compared before I accept that they aren't a part of the problem. It just seems odd to me that the bonuses, etc are not tied to performance in a meaningful way.

I guess what I'm really trying to say is that the Republicans are trying to make this about labor, and while I'm not averse to examining the labor costs and determining the truth, I'd also like to have our own agenda wherein we examined and compared the companies as a whole. I know that our process for appointing board members is highly faulty and when they aren't doing their jobs, who is there to ensure the company's fiduciary responsibility to the share holders? Over and over again, it seems its labor and share holders who are getting screwed.

Why can't we get any transparency re ceo salaries, where the money went for the bank bail out, etc?

Curious minds want to see the numbers.
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  -Great graph comparing wage and benefits between US and Japanese auto workers Hamlette  Dec-13-08 11:24 AM   #0 
  - Businesses could cut this down to japanese size with single-payer healthcare.  rucky   Dec-13-08 11:26 AM   #1 
  - I wonder how many factory workers in Japan  FreakinDJ   Dec-13-08 11:28 AM   #2 
  - Not worth looking at without a graph of cost of living in the areas affected.  MichiganVote   Dec-13-08 11:28 AM   #3 
  - mostly irrelevant considering the wages are so similar  Hamlette   Dec-13-08 11:32 AM   #5 
     - No, it's relevant because  bain_sidhe   Dec-13-08 01:18 PM   #25 
        - Yup. You got it right.  MichiganVote   Dec-13-08 03:57 PM   #26 
  - Are the legacy costs  edwardlindy   Dec-13-08 11:30 AM   #4 
  - yes, that's what the article explains  Hamlette   Dec-13-08 11:33 AM   #7 
  - Must confess  edwardlindy   Dec-13-08 11:36 AM   #10 
  - Essentially, yes. nt  Liberal_Lurker   Dec-13-08 11:33 AM   #8 
  - Loss of market share, spinning out parts suppliers, and automation matter  FarCenter   Dec-13-08 11:59 AM   #15 
  - where are the ceo's salaries and the board member's salaries?  CitizenPatriot   Dec-13-08 11:32 AM   #6 
  - the article explains the disparity and CEO salaries have nothing to do with it  Hamlette   Dec-13-08 11:34 AM   #9 
  - I see that they are talking about labor costs  CitizenPatriot   Dec-13-08 11:57 AM   #14 
  - Here Is Some Interesting Info  lligrd   Dec-13-08 11:56 AM   #13 
     - interesting -- thank you  CitizenPatriot   Dec-13-08 12:13 PM   #17 
  - In all fairness, it doesn't really matter if we're only talking about  napi21   Dec-13-08 11:48 AM   #11 
  - Figures quoted are not per vehicle.  edwardlindy   Dec-13-08 12:03 PM   #16 
     - So how many hours are allotted to make each vehicle?  napi21   Dec-13-08 01:10 PM   #24 
  - Very useful. Thanks! nt  thecatburgler   Dec-13-08 11:51 AM   #12 
  - Why aren't the CEOs of the Big Three screaming for  FKA MNChimpH8R   Dec-13-08 12:14 PM   #18 
  - I'd like a graph comparing management salaries  malaise   Dec-13-08 12:16 PM   #19 
  - PBGC (we, the taxpayers...at 40cents on the dollar)  SoCalDem   Dec-13-08 12:20 PM   #20 
  - And they will never have the legacy costs of American companies because they don't pay a retirement  NNN0LHI   Dec-13-08 12:22 PM   #21 
  - I have a question  Lifetimedem   Dec-13-08 12:23 PM   #22 
  - I knew that... but what I don't understand is why the heck  housewolf   Dec-13-08 12:52 PM   #23 
 

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