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hardball_cramer_eisenbrey.jpg CNBC host Jim Cramer has a message for the hard-working men and women of the United Auto Workers Union currently on strike: sit down, shut up and be happy with less so GM execs can stay rich. Today on Hardball, Cramer does his best tough guy act, fortunately Ross Eisenbrey, Vice President of the Economic Policy Institute is there to bring some sanity to the set. Eisenbrey reminds Cramer that the UAW strike is about keeping jobs in America and that this war against the working class isn't just about unions, it's happening to non-union workers as well.

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Matthews: " Do you see a future five, ten years from now where we don't have an auto industry in this country, Jim Cramer?"

Cramer: "If you don't break the UAW we won't. There's no real reasons to make cars here."



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210 comments

Hey C&L folks, check out this Youtube from Hardball

http://www.youtube.com/watch?v=_MS0go6M8Go

Cramer better watch his back.

He's right! Build them in China where all the gas is leaded, even the unleaded.

That Ross guy was weak, weak, weak....why didn't he come right back at Cramer and talk about what happens to workers who have no benefits and lousy retirement..it affects ALL of us and our communities...............

Ah yes, the "crime and punishment" theory of economics.

One wonders what we'll be buying all of those foreign cars with, when the only income generated in this country comes from speculation, and distributing and selling goods produced elsewhere.

"I work at the Banana Republic, in a Banana Republic!"

well, US cars *do* suck ... he has a point there. no matter if UAW gets everything they want or gets broken, universal healthcare or not ... until GM, Ford, Chrysler etc don't learn to build better cars, they're doomed anyway.

Ha ha ha ha ha ha ha ha Ha ha ha ha ha ha ha ha

"Bust the union!"

Ha ha ha ha ha ha ha ha

That's the country we live in!

Ha ha ha ha ha ha ha ha

Steel bathtubs!

Ha ha ha ha ha ha ha ha

Ship the remaining 75,000 over seas! who needs `em!

Ha ha ha ha ha ha ha ha

Caterpillar big stock! GM little stock!

Ha ha ha ha ha ha ha ha

So goddamned funny...

Small French and Italian start up companies will soon be making cars that run on compressed air. There are thousands of years of commutative experience in automobile production and advanced concept design in the American auto industry. Detroit and Washington have been suppressing that creativity for generations. We might be better off without either of them.

Hey- I am an AMERICAN. I am entitled to a good life.

What's-his-nut Cramer - should lay off the crack. He struts around like he's desperate to sell cheap mattress' to late night tv viewers, spouting retarded views that in no way call GM execs out for building retarded looking cars that nobody wants to buy. You want to save the company? Stop building lame vehicles, and quite blaming the people on the line.

Jim Cramer is just more proof it's always better to be lucky than to be smart.

I think they should outsource television news to Brazil. Lots cheaper and prettier.

If my UAW/GM Foundry worker father heard this man say this in public, he'd be picking his scattered teeth up off of the floor.

He should come to Detroit or Mid-Michigan and say that to a group of UAW members.

"Mad Money" my eye. I scoff at such a smug remark.

sulphurdunn @ 8:

Small French and Italian start up companies will soon be making cars that run on compressed air.

Those proposals for compressed air cars are little more than hot air. They aren't feasible. If it was feasible and economical, it would have been done long ago.

Cramer is a worthless elitest fascist pig.

Of course he'd say that, he represents the shareholders. More pay and better conditions for the workers is an anathema to shareholder profits.

In other words, f**k Jim Cramer and his buddies.

Nothing needs to be made in America except war, that we can export. Things only need to be sold in America. What are you buying? See y'all at the Big Box Mart!

If they are only going to pay 5.85 and hour than he is right. Move it to china and save on shipping because nobody will be buying them here.

i want just one of these assholes to please explain how america is going to exist being a straight service economy....its impossible

these fuckers want us to become a 3rd world nation

spiritcatcher @ 6:

well, US cars *do* suck ... he has a point there. no matter if UAW gets everything they want or gets broken, universal healthcare or not ... until GM, Ford, Chrysler etc don't learn to build better cars, they're doomed anyway.

You are so wrong. American car makers do build a good product. You are living in the 70's. I have had 3 buicks since 1985 and they all were well built and luxuiorus

I have an idea ... why doesn't GM or Ford build a car that Americans will buy? Perhaps ... just perhaps ... that will help. Perhaps I am shooting for the clouds here....

This is nothing new. Cramer has a history of saying that companies are better off busting the unions. He has mentioned that corps that have busted unions are better off in the long run.

Let's not forget that he's speaking from the perspective of a stockholder/broker/trader/flimflamartist. He's more interested in the company's bottom line, which is reflected in the stock price. And, more specifically, the short term gains/losses to a company.

lets tax cramer at 90% and maybe he'll move his greedy rear end to china. i liked
bg's idea.

America is the military industrial complex nation. No need to build anything but weapons, bombs and killing machines.

Well there will still be the defence (war) industry, thats big bucks.

When theres nothing left but services the corporations will already be somewhere else raking in the money from their new factories in north korea or whatever shithole has people desperate enough to work in sweatshop conditions for peanuts.

If US automakers aren't going to provide decent-paying jobs to Americans, who gives a shit what happens to them? That's the only reason we need to make cars, or anything else, here.

And Cramer's a douchebag.

Stunning.

I'm proud to support a pro-union candidate.

Dennis Kucinich has stood by the unions through thick and thin. He has marched with them and kept their jobs here in America...which is where American jobs should be...and cramer should walk on down by the docks and steelmills and shipyards and say that crap.

He'll have to outsource his healthcare...because the nurses wouldn't touch his sorry ass either.

Funny thing is, I think more cars are built by foreign companies in the US while US automakers have outsourced most of their operations to Mexico. So if the Big 3 want to move out of the country, let them and watch them die the slow agonizing death.

Regrettably that might mean the end of the big auto unions, but at least the Japanese car makers who build here treat their workers right.

How_dare_they @ 9:

Hey- I am an AMERICAN. I am entitled to a good life.

I hear ya brother! I'm entitled to be fat, lazy, drive a planet destroying SUV have a house 3 times bigger than I need, sit all day on the sofa watching sports and reality shows with a six pack of beer in my lap, call myself a Christian while acting like anything but.

How dare anyone challenge the American way of life!!

uncle joe mccarthy @ 19:

i want just one of these assholes to please explain how america is going to exist being a straight service economy....its impossible

these fuckers want us to become a 3rd world nation

Indeed, with them at the top and the rest of us their slaves

I bought my 2006 Honda Accord because it was made in America . . . GM ONLY makes trucks here -- every GM car I looked at was built somewhere else.

Stabing American manufacturing? Wow! Jimmy with businesses so powerful who stands up for the little guy, the worker? Oh do you believe as Rush Limbaugh does, that you should thank your employer that they deigned to give you a job.

What this clip really does is highlight the scam that is our privatized health care system. Sorry, but the "we're for the common working man" meme feels just as shallow as those little magnetic yellow ribbons.

Ruthless People @ 24:

America is the military industrial complex nation. No need to build anything but weapons, bombs and killing machines.

GM plant in Michigan builds the transmissions for all the hum V's that go to Iraq. If American loses the auto industry and stops making cars what do you think will happen to our military capabilities? Should we start having all our tanks, jets, ships, and weapons built overseas?

Remember the Arsenal of Democracy. It's light is going out.

GM wants to move out of hte US because it can't seem to sell cars enough. Toyota's selling so many cars they're building plants here.

Everyone should be on strike in America... I'm mad as hell with this mess.

Brilliant! Thats when no cars will be sold to consumers who have no jobs to purchase a car in the first place. Just brilliant!

U.S. Economy: Consumer Confidence Slumps, Home Sales Decline

Yep, cut more middle class jobs. Keep cutting until people simply stop spending money.

Well Cramer is for national health care BECAUSE relieving a company of that burden will make them competative again . . . which is what I've said . . . so at least Jim's one the correct side there.

Le Roi Est Mort @ 13:

If my UAW/GM Foundry worker father heard this man say this in public, he'd be picking his scattered teeth up off of the floor.

He should come to Detroit or Mid-Michigan and say that to a group of UAW members.

"Mad Money" my eye. I scoff at such a smug remark.

Fuckin'-A right!

My best friend has 23 years in at GM's 36th St. plant in G.R.. My buddy had to go on un-paid leave fer most of the summer because of a small heart attack. He just went back to work in late August. And though this strike , if it lasts very long at all, is gonna hurt my buddy a lot, he knows the value of standin' up fer doin' the right thing fer future generations of American workers.

We've given up too much- all of us!- to the execs who scream about competitive wage rates but who continually turn around and give themselves bigger bonuses. It's time to fight back.

Logan:

"Cramer: “If you don’t break the UAW we won’t. There’s no real reasons to make cars here.” "

He has a point. Why should the US make cars if other countries can make them so much better? US cars stink. They are shit. Everyone knows that.

I say send GM to China and let them make the company better, because clearly there are too many saps in this country who are supportive of the union that is responsible for making GM so shitty.

I don't have cable, and this is the first time I've seen this Mad Money fellow. He strikes me as the Jim Rome of financial news. Why does everything have to be EXTREEEEME nowadays? Even the economy?

I was a union ironworker in Detroit in the mid-80's. The majority of the work concerning the building trades came from the automobile industry. The people I worked with were hard working, patriotic family men and women who are the backbone of our country. Their contribution to the economy and the tax base is immeasurable. The state of the US auto industry is a product of poor leadership at the top. They are the ones who designed such stellar vehicles as the Pontiac Aztec, not the people on the assembly lines. If it weren't for the unions, the workplace in the US would resemble any sweatshop in Asia. Even now we can see the effect of big energy buying leverage with our government. That recent accident in Utah was the direct result of lax safety regulations bought for by the likes of Bob Murray. Big corporations are the villains.

Asshat.

No wonder I hate Cramer.

unfortunately Cramer is correct, free trade means companies can search out the lowest common denominator, and if the UAW makes it too expensive to build here in the US, they will go elsewhere, its' just basic econ 101.

bro @ 41:

Logan:

"Cramer: “If you don’t break the UAW we won’t. There’s no real reasons to make cars here.” "

He has a point. Why should the US make cars if other countries can make them so much better? US cars stink. They are shit. Everyone knows that.

I say send GM to China and let them make the company better, because clearly there are too many saps in this country who are supportive of the union that is responsible for making GM so shitty.

That's got a whole lot less to do with the people on the assembly line than the people who design American cars- or, more specifically, those who choose between designs.

That guy must live in one of Saddam's mansions.

Jim Cramer is a d*ick.
Jim Cramer is Larry Kudlow without the nose candy, (I'm guessing...)
He could use some Ritalin, though...

Corporate executive-level management is right in wanting to protect profits, but their vision is myopic and short-term.

China started building infrastructure in the late 80s. They’ve been protecting their economy for a generation. Their goals are VERY long-term, in the thousand-year range. American big-business doesn’t look beyond next quarter’s Profit & Loss – and this will be our downfall.

Take off-shore outsourcing. When production, IT, customer service is outsourced overseas the impact on the bottom-line is immediate. It saves money; of this there is no doubt. The CEO is heralded as genius for cutting costs and increasing profits, and rewarded with a $200,000,000 bonus (that’s ok – he saved the company $600,000,000). It’ll work for a couple years, as everybody does the same.

Then the domestic economy breaks.

With so many domestic workers out of work, and not able to find equivalent paying jobs, the snowball effect will only crush our ability to buy and sell domestic products. Then we CAN’T go shopping in response to terrorists’ activity – WE WON’T HAVE THE MONEY.

This will eventually hurt the out-sourcing companies as well, because their products will be made overseas, and production paid for overseas. Pretty soon only those overseas will be able to purchase those products, and until the company is sold overseas (which will happen eventually), they will exists only as bankers. When the company is sold, that will be gone as well – leaving America “out of the loop”.

So we bankrupt our American economy, for the sake of next Quarter’s profit (and the bonus check).

Sad thing is Jim Cramer is right, all the power brokers in America who dare to speak for all Americans, they only care about stock prices and profits. I think this debate exposes a sad state about America, we are run and manipulated by people like Cramer(a centrist democrat by the way). For all of the comments I have read concerning the employment, health, and well being of the persons who are unemployed due to outsourcing, Jim Cramer speaks for many of the people in Congress and the power brokers of America, THEY DON'T CARE. When are we, as the middle class and workers of America, going to stand up and take our country back. Yet, I am still amazed Hillary Clinton is the favorite of Democrats to win the White House. Will we ever learn. If we don't change the political players in America, we have no chance to change the direction this nation is headed in. Now it is true, Ms. Clinton won't come close to being as bad as Bush or all other Republicans. But is the middle of highway what America needs. Remember the middle of the road policies of Bill Clinton. It brought us NAFTA, GATT, the 1996 Telecommunications Act, and other free market/pro deregulation policies . Ms. Clinton is making clear her centrist bonifides. Whenever you hear, I'm going to do what is politically acheivable, understand that is code for I will make minor changes, but not enough to anger my campaign contributors, chiefly the corporations and rich of America. Again, if we don't demand more from our so-called leaders, then only we are to blame if they don't deliver what we need for the future survival of America. If we don't take back our political process, we will have no one but ourselves to blame for continuing the damage wrought on us by what has been essentially 26 year of conservative economic and social policy. The clip we have just viewed should sicken all Americans.

http://www.cnbc.com/id/20134718/for/cnbc
By most accounts, labor expenses for General Motors Corp., Ford Motor Co. and Chrysler LLC amount to about 10 percent of the price of a new vehicle, including wages, benefits and "legacy" costs for retiree pensions and health care.

The stupid assholes running Ford and GM need to cut their own wages and hire a few more designers and engineers so their product is better.

I feel like the past 20-30 years have been nothing more than a big ponzi scheme. Where the hell did all the money go? We've spent trillions more than we collected in tax, we've seen record corporate profits with record low corporate taxes and yet these bastards have the gaul to cry poor, that they have to squeeze even more out of the workers in order to stay afloat.

"That's got a whole lot less to do with the people on the assembly line than the people who design American cars- or, more specifically, those who choose between designs."

Hahahaha....no you silly boy, the unions cause GM to have uncompetitive costs. Higher costs in the face of a consuming public that always wants to pay the least for the most quality, means that GM has to cut corners and cut costs in other ways, most notably quality, comfort, engine efficiency, etc.

You see, the unions are the reason GM sucks so bad. The sooner you realize this, the better off you'll be.

Stop building GM auto's here?
By turning U.S. brand names into imports, off-shoring has a double whammy on the U.S. trade deficit. The U.S. now has a trade deficit with every part of the world. In 2006 (latest annual data), the U.S. had a trade deficit totaling $838,271,000,000. Of that, China is holding $233, 087,000,000 of our debt.

What does it mean that the U.S. has a $800 billion trade deficit? It means that Americans are consuming $800 billion more than they are producing! How do we pay for that? We are giving up ownership of existing assets -- stocks, bonds, companies, real estate, etc. America used to be a creditor nation. Today we are a debtor nation. Today, foreigners own $2.5 trillion more of American assets than Americans own of foreign assets.

How long can Americans consume more than they produce? As long as we continue to find ways to go deeper into personal debt.

According to Forbes magazine, the top 20 earners among private equity and hedge fund managers are earning an average yearly compensation of $657,500,000 with four actually earning more than $1 billion annually. The otherwise excessive $36,400,000 average annual pay of the 20 top earners among CEOs of publicly held companies looks paltry by comparison.

We have been tricked into building a kingdom for those few. Are you ready to live as a serf? Sorry -- we are already there! We have willingly done more damage to ourselves than any terrorist group could possibly!

Smack_dab @ 14:

sulphurdunn @ 8:

Small French and Italian start up companies will soon be making cars that run on compressed air.

Those proposals for compressed air cars are little more than hot air. They aren't feasible. If it was feasible and economical, it would have been done long ago.

I would respectfully argue that compressed air automobile technology is not only feasible and practical, but also necessary and that political economics is the only reason it was not done long ago.

Cramer: “If you don’t break the UAW we won’t. There’s no real reasons to make cars here.”

there is also no real reason for cramer to exist, but we let him.
there is also no real reason why the investor class should exist, but we let them.
if they want to play tit for tat. we can do that.

Break the union to save GM? Cramer is a bozo. If you stop making things, America will lose its place as the world's largest economy. Cramer wants to turn America into the world's largest slum.

Do they not have an economics book in the USA?
It's not the GM execs who make the biggest decision. That's done at shareholders meetings. Ask any GM hourly how many shares he has....go ahead.
I have a cousin who has been a salaried employee for 38.5 years, has missed 16 days of work and none in the last 12 years (for which she has been taken to dinner twice)
She will have to work until 45 years service and then she gets full pension.
She has 2 brothers who are younger and have been retired for 5 & 8 years and received $45,000 & $55,000 buy-outs to bridge their full pensions which have now kicked in. Now, the buy-out is up to $96,000!
The question I always asked these belly-achers was; if you lost your job today, what could you bring to the "hiring" table tomorrow?
They know the answer and I just shove it in their face....count yourself very, very lucky.
I'm retired and worked 32 years with a Global company and without a union. What secured my position both in life and with the job? I bought hare...lots of them and I worked 8 hrs. per day. I had the respect of my peers for the work I did. This does not matter to the hourly employee. Just show me the money!

jim cramer is an asshole. he has a cushy job and does not know how to work unless he is sitting on his ass.

you bought hare.
wtf is hare?

The most important point is; 73,000 workers in the USA and there are even more collecting pensions and health benefits. Where does this fit into the overhead of building a car?
Compare this to non-union Toyota and if you think of it, even though the Toyota is cheaper...all things considered...the Toyota should be about 1/2 the price. It's not so look which "exec" .....I mean shareholders are making the money!!!!

majicman @ 57:

Do they not have an economics book in the USA?
It's not the GM execs who make the biggest decision. That's done at shareholders meetings. Ask any GM hourly how many shares he has....go ahead.
I have a cousin who has been a salaried employee for 38.5 years, has missed 16 days of work and none in the last 12 years (for which she has been taken to dinner twice)
She will have to work until 45 years service and then she gets full pension.
She has 2 brothers who are younger and have been retired for 5 & 8 years and received $45,000 & $55,000 buy-outs to bridge their full pensions which have now kicked in. Now, the buy-out is up to $96,000!
The question I always asked these belly-achers was; if you lost your job today, what could you bring to the "hiring" table tomorrow?
They know the answer and I just shove it in their face....count yourself very, very lucky.
I'm retired and worked 32 years with a Global company and without a union. What secured my position both in life and with the job? I bought hare...lots of them and I worked 8 hrs. per day. I had the respect of my peers for the work I did. This does not matter to the hourly employee. Just show me the money!

you probably retired 30 years ago.

sulphurdunn @ 54:

I would respectfully argue that compressed air automobile technology is not only feasible and practical, but also necessary and that political economics is the only reason it was not done long ago.

For the compressed air car, the figure I've heard for the amount of air they'll need is 90 m^3 (3178 ft^3) of compressed air. One of the highest pressure SCUBA cylinders out there at 4350 psi holds 105.2 ft^3. That would mean you'd need at least thirty cylinders to hold the needed amount of air. Each cylinder weighs 33.8 lbs for a total of 1014 lbs.

Since you feel the air powered car is feasible and practical, maybe you can tell me why you feel that way in some sort of tangible fashion.

The political angle doesn't wash as there were plenty of places in the world who could not care less what our government or our big corporations want. The USSR is one example of a place that had plenty of scientific and engineering know-how and not a care in the world about Exxon wanted.

Who needs Cramer ?

dadams @ 61:

majicman @ 57:

Do they not have an economics book in the USA?
It's not the GM execs who make the biggest decision. That's done at shareholders meetings. Ask any GM hourly how many shares he has....go ahead.
I have a cousin who has been a salaried employee for 38.5 years, has missed 16 days of work and none in the last 12 years (for which she has been taken to dinner twice)
She will have to work until 45 years service and then she gets full pension.
She has 2 brothers who are younger and have been retired for 5 & 8 years and received $45,000 & $55,000 buy-outs to bridge their full pensions which have now kicked in. Now, the buy-out is up to $96,000!
The question I always asked these belly-achers was; if you lost your job today, what could you bring to the "hiring" table tomorrow?
They know the answer and I just shove it in their face....count yourself very, very lucky.
I'm retired and worked 32 years with a Global company and without a union. What secured my position both in life and with the job? I bought hare...lots of them and I worked 8 hrs. per day. I had the respect of my peers for the work I did. This does not matter to the hourly employee. Just show me the money!

you probably retired 30 years ago.

2004...is this Rush? Same slapstick, funnybone laugh-a-minute sense of humour.

let's cut congressional pensions too. America is losing money everyday, the only way to save us is through fiscal responsibility across the board, not just the uaw folks.
The day the government treats it's elitist law-makers like it's middle-class workers is the day i'll actually listen to that asshole jim cramer.
ps. i wish some mexican would take his job on that shitty program for $200. a week.

You know, I think it's time to take everything from guys like Jim Kramer. Tax their stupid asses so bad they're begging for a union job.

Greed for money is the root of all evil...comments like this selfish sob prove it.

I just think it says a lot about the meaning (or lack thereof) of 21st century patriotism that at the end of the day, there's no slogan less valuable to honor in America than "Made in the U.S.A."

If GM and the UAW would build cars that that people want to buy, they wouldn't have to worry about their jobs. Instead of a strike, why don't they get together and build cars that sell.

If there is NO reason to build cars in AMERICA, then there no reason to seek for work in the auto industry in AMERICA.

If this is the attitude of the big CORPORATION, then all I can say is that then there is NO more reason to BUY any CARS, we might as well stick with the old ones until it falls apart. No need to buy car insurance, since WORK will no longer be there. No need to pay for home mortgage, just wait until it gets repossessed or foreclose. No need to pay for utilities, Since there is NO WORK and NO income.

So IF the ECONOMY collapse......Don't blame the people. If there is no work, no job, them the banks can go ahead and take properties.

The Corporation HAS forgotten that the consumers has a big role in how successful an economy will be. With out jobs, how do they expect the people to help maintain a robust economy? If we fail, THEY will fall apart themselves. The MORE corporation put people out of work, the greater the problem will expand.

What problems? People will stop buying and perhaps in order to survive, they may get themselves involved in criminal activities. where our society will go backward into a Robin Hood Society. (Stealing from the rich to give to the poor).

Or in todays world, it is apparent that many are plainly giving up their homes.....causing many banks to go BUST.

Why is it that Americans seem to think those who speak the loudest are the ones worth listening to? That Cramer goose is 90% bluster.

BTW, Chrysler is expanding its platform here in Australia. None of the cars are *bad* but they are accepted as uniformly very, very ordinary. You wouldn't buy an American car over a Korean or Japanese car on quality. American cars don't have the quirkiness or style of many European cars. Australian cars are better quality. There simply is no compelling reason to buy an American car.

=my2c

Completely unregulated capitalism is feudalism. We tried that. We rejected it.

...

Typical corporate whore.

There should be more unions to protect jobs and a buy American movement.

With the upcoming market correction back to 10,000, the stock holders should demand cut on executive pay.

Smack_dab @ 11:

Jim Cramer is just more proof it's always better to be lucky than to be smart.

...or as I like to put it: "If you're so rich, then how come you ain't so smart?"

start placing terrifs on all the shit that comes in to the US and stop giving incentives to asshole businesses for sending American jobs elsewhere. Start with Haliburton.

Yeah, Kramer, better everyone should get involved in ponzei schemes like the stock trading you push. Good idea to lose the country's manufacturing base -- it's what saved us in WWII.

HEY AMERICA, WAKE UP. We live in a GLOBAL economy now. For companies to survive they need to be able to compete worldwide. If that means lower wages and changes in benefits to save jobs, that's a good thing. Japan, Germany, Mexico and Canada ALL manufacture better, more reliable automobiles than a majority of American made products. Until America gets it's head out of the sand and put all our flag waving, we are the greatest country bull shit behind us, we will keep losing jobs. The faster we learn to be adapt and to learn to be competitive, the sooner we'll get back on track. Blaming Cramer and threatening to bust his teeth just proves what rednecks we are and how far we still have to come. The rest of the world continues to laugh at us!

dothehop @ 29:

Funny thing is, I think more cars are built by foreign companies in the US while US automakers have outsourced most of their operations to Mexico. So if the Big 3 want to move out of the country, let them and watch them die the slow agonizing death.

Regrettably that might mean the end of the big auto unions, but at least the Japanese car makers who build here treat their workers right.

--------------------------------
only if by right you mean that they want no unions ever despite the fact that japanese auto plants of the same company are unionized.
new hires are indefinately 'temporary' and work side by side with people making more money than them.
believe me this doe not just gall the poor temp bastard, it galls the reg. wkr. who is sometimes trained in a new job by a temp.
course i guess that's ok cause they also turn about and train brand new fuzz faced managers ala wal mart. so gall this way gall that way...that's what they're paid for...whatever keeps the fucking stock price up.

cramer...please don't ever go for a walk, or a drive maybe, or anything where there might be working class people. they might take it personally. i'm just saying.

I can only hope that Cramer contracts a long, painful illness that bankrupts him well before he dies in an alley somewhere.

Canada just lost 2 more plants, now in Oshawa (Already lost in Windsor).

I don't particularly know much about UAW. I do know about the CAW and the UFCW, and neither in Canada I particularly care for. However, this is a battle about the right thing: Health and Security. This is not about increasing pay, this is about increasing life.

If America loses its automotive industry in its entirety to Japan and Europe, it was lost through greed. Greed on both sides, but greed heavily on the owners.

Oh, and Jim Cramer? CATERPILLAR? That was your comeback? Ugh...

Cramer..dude..and I thought I was an asshole.

There is a massive disconnect with people who never have to work again in their lives.. and those that have to work every day of their lives.

The higher these people climb .... the more of a disconnect there is... and for the really greedy, anything is permissible so long as they come out on top.

The only good thing about this is that National Health care is finally starting to come out on its own... Which is all the more reason why we cannot be sated with this Hillary style bullshit, as it will just bury you and me that much further into the ground.

We have CEO's making 600-1 what a worker makes... so I really weep no tears for them.. as if there were no workers.. there would be NO CEO's

And time after time.. generation after generation we find those CEO types are nothing better then cannibalistic pirates...

But not to worry my fellow citizens... when those 75,000 Auto workers are out of a job... we will only see our Unemployment numbers spike for 180 days... and they they disappear off the rolls... like magic!

And one more thing.. Dont forget that the Bush administration made jobs at McDonalds "MANUFACTURING" positions...

So on paper.. we will be stronger then EVER!!

USA! USA! USA! USA!

smass @ 22:

This is nothing new. Cramer has a history of saying that companies are better off busting the unions. He has mentioned that corps that have busted unions are better off in the long run.

Let's not forget that he's speaking from the perspective of a stockholder/broker/trader/flimflamartist. He's more interested in the company's bottom line, which is reflected in the stock price. And, more specifically, the short term gains/losses to a company.

Yes...he values 8 by 11 inch pieces of paper more than he does someones ability to earn a living and feed his family.

He makes me ill and his rant and tirade about cutting rates a while back wasn't for the UAW/ blue collar workers...it was so his plutocratic Hampton buddies could get bailed out for making reckless bets on the housing bubble...

Do a google search on his Winners of the new World article back in 2000 and that will tell you all you need to know about this this shill.

Jim Cramer's an economic royalist. He doesn't live check to check praying every night his kids don't get Leukemia or break a bone and wonder if they'll lose their house trying to pay the medical bills. GE puppets always on the march

Why did the US help win the last two World Wars?

The ability to produce the tools of war at an mazing rate.

Guess what, we're shipping all our manufacturing and production capabilities to China!!

Guess what? Oooops.....

The Dollar is worth less than toilet paper - literally. Enjoy killing America much, Jim? How I despise some Americans...

Mo Russell @ 77:

HEY AMERICA, WAKE UP. We live in a GLOBAL economy now. For companies to survive they need to be able to compete worldwide. If that means lower wages and changes in benefits to save jobs, that's a good thing. Japan, Germany, Mexico and Canada ALL manufacture better, more reliable automobiles than a majority of American made products. Until America gets it's head out of the sand and put all our flag waving, we are the greatest country bull shit behind us, we will keep losing jobs. The faster we learn to be adapt and to learn to be competitive, the sooner we'll get back on track. Blaming Cramer and threatening to bust his teeth just proves what rednecks we are and how far we still have to come. The rest of the world continues to laugh at us!

http://www.jdpower.com/autos/ratings/dependability-ratings

Buick, Cadillac, and Mercury all have the best overall dependability ratings

http://www.detnews.com/apps/pbcs.dll/article?AID=/20070808/AUTO01/708080388

Note the part about how the US Auto Executives have mismanaged the car business... not the line workers dickweed.
Jim Cramer is a TALKER, not a PRODUCER, he talks shit to get ratings. Go drive an American car instead of listening to the Cramer's of the world.

Hmmm ... the mediocrity that is Cramer is defintitely outsourceable!

India has comparable, if not better, economics education than the post-supply-side-Greenspan circle jerk that is the vogue here now.

And better yet ... they even speak far better English in India than Cramer does!

"Outsource the pundits!" Could the out-sourced world be any more destructive of America?

Toyota and Honda both have double digit growth in their plants in the US. No union there!!! Ford, GM & Chrysler...any growth there? Um ..No!!! Coincidence? When will the Big 3 learn? Get with the program or watch your jobs evaporate.

Maybe this fuck isn't such a sharp cookie after all, when is it ever good to sell out the country you live, kind of like shitting in your own bed you know what I'm saying. I would say that America is a very important stock, so important it isn't listed on the nasdaq .... yet, and it is worth investing in. Remind me not to take you too seriously cramer, this idea of yours sucks way too much donkey dick. Tomorrow you'll come out with some spin that tries to mitigate a very stupid remark, but now it is plain you have no fucking clue about the thread that thousands of people are hanging from right now and what it is to be one of the people who make sure the levers are greased and the gears mesh, you are just another right wing shill machine empty of soul and full of shit.

What do you expect an American economist on a TV show to say? It's always bust the unions, screw the consumer, and f-everyone that isn't a wealthy shareholder. That's the American way.

How does increasing a company's stock protect American industrial jobs? This Jim Cramer guy apparently doesn't know shit about economics, he sounds like another Alan Greenspan. The strike is over pensions and health care. Cramer says we have to compete with Japan and other nations, the same ones that have universal health care. GM became the number one auto manufacturer when they had unions, they lost business because of lousy management. Jim Cramer is an idiot, he probably has money invested in GM and is interested in protecting his $100 million. Perhaps someone ought to tell Jim that if there isn't a strong middle class then there isn't a market to sell the cars too. Pure stupidity, someone replace Cramer with a rabid monkey so we can see more intelligence and less poo flinging.

"The same month Caterpillar broke the union, GM stock was at $34. Where is it today?" $34!...it's gotta break the union, and Wagoner is gonna do that!"

Does that mean it's been upgraded to "Don't Buy?"

Don't Buy GM!

A company that loses money like GM IS not a company (over 3 billion a year), it is a government program. We should not be making cars here. Design them, engineer them, market them, sell them to the rest of the world but assemble them some where else. And why in the world would you WANT to stand in an assembly for 30 years not improving yourself. And why should GM pay over $30 dollars an hour to do it?

Opportunity cost ~ Cramer is right.

Does GM make an cars that can be sol outside of America? I don't think so because of the horrible MPG's. Every other country in the world has higher standards.

I don't think that any of the other American auto makers can sell what they make outside of this country either. So it seems like the CEO's of these companies are to blame for thinking the SVU is what people want. Perhaps a few rich people in America...but even in Africa and the Middle-East, all they drive are Toyota.

Perhaps if Bush Co and the neo cons did not go to war with anyone, we would still have Clinton's surplus to address the health care issue.

*shrug*

Union Local 881

Cramers right @ 94:

A company that loses money like GM IS not a company (over 3 billion a year), it is a government program. We should not be making cars here. Design them, engineer them, market them, sell them to the rest of the world but assemble them some where else. And why in the world would you WANT to stand in an assembly for 30 years not improving yourself. And why should GM pay over $30 dollars an hour to do it?

Opportunity cost ~ Cramer is right.

Wow...

I guess we could be a nation of 300,000,000+

And have .1% of 1% of that own the rest of us and allow us to wash their windows.. buff their cars.

Right?

Hey...

I have a better IDEA..

Lets round up all those poor bastards... put them in trains.. take them to camps and give them special treatment!

I mean why should we share OUR resources with them.. They are just consumers, sucking us dry like the parasites that the lower classes have always been...

It is time for a New Dawn for the human RACE...

Poor people... You have had a few hundreds years to IMPROVE yourselves.. You have failed!

Now get out of the way for the survival of the species!

#94 Cramers right --

I disagree. We need jobs here that Americans won't do, so the Illegals have some way to make money. Unless you want them all on welfare. Shipping jobs overseas when we have so many unemployed here? Surely all these hungry people in America will do the work for starvation wages.

Sarcasm aside, I find your way of thinking despicable and I wonder if you've ever gone hungry a day in your life.

Thats why we need to erase 99% of the worlds population!

rduke @ 98:

Thats why we need to erase 99% of the worlds population!

Starting with the Eugenicists that promote this idea.

Mike Donnelly @ 45:

unfortunately Cramer is correct, free trade means companies can search out the lowest common denominator, and if the UAW makes it too expensive to build here in the US, they will go elsewhere, its' just basic econ 101.

Yeah, I agree with you. It's a hard reality for people to accept. In addition, both gents agreed that health care is bleeding EVERYONE dry. There needs to be many, many , many interrelated changes in how Americans receive and pay for health care. It's too much change and not enough leadership. A non-profit national health approach, tort reform and tackling big pharma.

In the end, I wish I had a pension like these union people, but I don't. I wish I had a pension, but I don't. So, I can't offer very much sympathy.

sparky @ 89:

Toyota and Honda both have double digit growth in their plants in the US. No union there!!! Ford, GM & Chrysler...any growth there? Um ..No!!! Coincidence? When will the Big 3 learn? Get with the program or watch your jobs evaporate.

Toyota and Honda -- and most foreign auto makers -- pay equal or more than union jobs in Detroit (and some have even better benefits). Trying to blame the poor performance of the big 3 on the right that evey worker has to fair compensation and benefits in exchange to their labour is yet another gop/libertarian canard.

I could have sworn that the job of managers is to manage. So if you want to look for coincidences, I would wager that it is bad management that has more in common with the poor performance of the big 3 than the demands of its workers.

America has a horrible management class, MBAs managed to inherit the most powerful and prosper production based economy and turn it into a low-margin race to the bottom service-based cestpool.
For a study case take the current monkey in the white house (our first MBA president, ain't that a bitch!) who inherited a prosper and peaceful country, with an economic growth that seemed unstoppable... and he managed to turn it into total and utter shit.

The American business class has a batting average of 0, and has been riding on the tails of the economic engine that was developed by people who had to sweat their way out of a depresion and a world war. But now these bozos, since they know shit about what they are doing are noticing that the engine their parents build is running on fumes... and they have no clue what to do.

This Kramer feller is the typical example, he does not even have a formal education on economics (he is a lawyer), when faced with having to work for a living as a reporter could not hack it. Instead he turned into con man. This guy must have put a grand total of 2 or 3 days of honest work in his fucking life.

Taking economic advice from these buffons and charlatans would be equal to taking medical advice from a televangelist. The economy is in the shitter, and these guys are the ones responsible for it. How no one just plain tells them to SHUT THE FUCK UP already is beyond me.

When corporate America has succeeded at shipping every job overseas, they won't even have to bother to ship any products back here because no one will be able to afford to buy anything. They can make stuff cheap abroad and sell it abroad, pay no taxes and build walls around their compounds to keep out the starving Americans.

Yeah, Jim Cramer loves buying American. This guy is a joke. I get so tired of hearing about the value of stocks. How about wages? This guy talks tough but he's a prick.....and yet he's a TV show host.

jr @ 84:

Jim Cramer's an economic royalist. He doesn't live check to check praying every night his kids don't get Leukemia or break a bone and wonder if they'll lose their house trying to pay the medical bills. GE puppets always on the march

Ironically a few weeks ago, when the mortgage house of cards was tumbling down, this Krame jackass had a literal meltdown on camera because the fed was not doing anything. I mean, his poor buddies may have to get half their normal bonus, imagine having to downgrade from a 100ft yatch down to a pitiful 85 footer? How is anyone supposed to make ends meet with a milliond dollar paycheck? The humanity!!!!

However, when it comes to show sympathy for the American worker that gets to work more and get paid less, to the point that most families can't make it on a single salary alone. When the American worker get tired of work like a mule for a shit pay... oh, then is when this fuck basically says: "tough it out! Stop whinning."

So Kramer, fuck you and the horse you rode on. And fuck your MBA friends, oh wait you don't even have a fucking MBA.

There is no reason to build cars here, just like there is no reason to do anything here. There are in fact countries where no one does much of anything.

However, if people here do something, they might as well do something that creates a product that can be monetized so that money can be traded for other goods. Might as well be something we use. Might as well be cars. Might as well contribute to the economic well being of themselves and the country. There are worse things they could do.

These guys just think this is a big joke. I'm so effing tired of rich people talking about stocks. And you know GE has great health-care. His winning argument is that GE is the number one buyer of Viagra? WTF??? Stupid stocks. Fuck stocks. People need to divest on ethical grounds. Of course, one of his final statements was the most telling (not that it was so shocking)-"in the end it's good for the stock and that's what we care about here". That's what who cares about where? Maybe 0.5% of the US and even less in other countries care about it. As someone said above why doesn't someone just go on these shows and tell these motherf*ckers to stfu.

94-Cramer-go away. You obviously don't know anything about financial insecurity and decent jobs. There is EVERY reason to have good jobs in this country. As it is, this place is rapidly becoming/has become a banana republic. It's not much of a democracy with any kind of middle class. It's just a retail economy-or it's well on its way there.

I can't believe most of you dumbasses don't know that almost all Honda, Toyota, Mitsubishi sold here are all made in the U.S. by American workers. So, stop saying the Japanese do it better. I work in a finishing steel mill modeled exactly off a Japanese plant and we hold the world record for steel finishing. We kick the Japanese's asses every quarter. The simple fact is that American workers are the most efficient in the world. It's just unfortunate that companies would rather sacrifice efficiency and quality to inflate profits.

Oh, and to the guy who says it's "econ 101" to take jobs out of this country and produce goods overseas with low cost labor, you're forgetting one simple fact: Americans are the #1 consumers on the planet. What do you think will happen when the majority are in poverty? These idiot companies need to sell their goods here. They can't survive if the American consumer can't afford to buy their goods. They are slowly choking their own income, but they are too greedy to notive.

Cramer is a shill and a f@cking scab.

AntiFed1791 @ 99:

rduke @ 98:

Thats why we need to erase 99% of the worlds population!

Starting with the Eugenicists that promote this idea.

Starting with the starch brains who can't READ...

Then the poor...

Then the Eugenicists...

Ok ... happy?

I thought the most enlightening moment was when both men agreed that the best thing for business and workers was... National Healthcare.

TC Says: F&#K stocks Huh?

Companies don't just grow out of the ground from people's desire to work.

Investing (stock) and the capital investment that allows is the only thing keeping this thing running as long as it has. GM hasn't made money from cranking out overpriced cars in a while. If the fed hadn't taken rate down to 1.0% so that GM could sell at 0% (else everybody would have actually bought the cheaper, better vehicles) interest and Kerkorian doesn't up his stake to 9.6% of the company I don't even know if we would be having this discussion.

I know a union story that is sad, I won't go into it BUT the bottom line is if a company wants to bust a union (and they NEVER say that is what they are doing) then they will bust the union. Corporate greed is running rampant, produce more at a lesser cost and reap more profit, that is the bottom line--profit. If workers lose jobs, are forced to accept lower salaries, are forced to work with reduced insurance who is going to have the money to buy the imports? And we do import, just look at every item next time you are at the store.

He also explained tonight on his show, how to be a war profiteer. He told viewers to invest in NAVIZ(sp.??), the company that is getting all the MRAP vehicle contracts. Just scandalous. And he stated , they will surely be getting the contract (how is he so sure??), and the "bolshevik" Dems, err I mean Democrats , he corrects himself, will surely have to bend to politcal pressure to "support our troops" or "appear tough on defense".

Dude is a war mongering tool.

rduke @ 110:

AntiFed1791 @ 99:

rduke @ 98:

Thats why we need to erase 99% of the worlds population!

Starting with the Eugenicists that promote this idea.

Starting with the starch brains who can't READ...

Then the poor...

Then the Eugenicists...

Ok ... happy?

now is youre chance to lead by example rduke...........

Unfortunately the world isn't flat and the money goes to where the standard of living is the LOWEST.

Mo Russell-you are using all the talk-show catchphrases? WTF does that mean, we live in a global economy? The better question to ask is, are there decent jobs in America? And, for the purposes of argument, let's say that people in some countries which you mentioned do make better products. Could that be because their workers are secure, at least in some of those countries, about their job status, about their financial situation? That they sleep well at night? That they aren't worried about their kids getting ill or whether they'll be able to pay the bills. Good unions are a win win for society. It's the richest .010% like Jim Cramer who aren't worried. For the rest of us schmucks, decent jobs are a necessity. We should expect more. The government certainly lives off our taxes. We should demand no less.

Mo Russell @ 77:

HEY AMERICA, WAKE UP. We live in a GLOBAL economy now. For companies to survive they need to be able to compete worldwide. If that means lower wages and changes in benefits to save jobs, that's a good thing. Japan, Germany, Mexico and Canada ALL manufacture better, more reliable automobiles than a majority of American made products. Until America gets it's head out of the sand and put all our flag waving, we are the greatest country bull shit behind us, we will keep losing jobs. The faster we learn to be adapt and to learn to be competitive, the sooner we'll get back on track. Blaming Cramer and threatening to bust his teeth just proves what rednecks we are and how far we still have to come. The rest of the world continues to laugh at us!

Cramer-Bueller? Bueller? Bueller? Look, the reason stocks are valuable is because managers cut costs and there is the potential for greater returns. Stocks don't benefit the vast majority of people. They aid large stockholders, who aren't generally in financial dire straits.

Wes @ 1:

Hey C&L folks, check out this Youtube from Hardball

http://www.youtube.com/watch?v=_MS0go6M8Go

nice plug

lil of topic though isnt it??

TC: Don't get the Bueller (I that a Ferris thing?) Still don't understand it.

Anyway a good company (i.e not GM) can do both, a return for investors and good jobs for it's employees. And yes capital investment does help everybody, it is one of the reasons the US can have a 11 Trillion a year economy. And no it is not a crime that those who invest that capital want a return on it.

sparky @ 89:

Toyota and Honda both have double digit growth in their plants in the US. No union there!!! Ford, GM & Chrysler...any growth there? Um ..No!!! Coincidence?

The 'coincidence' has little to do with labor, and a lot to do with the kind of cars being produced. When GM threw in with the Hummer, and Ford went over the top with the Escalade, they were announcing that they were dinosaurs, with a dinosaur idea of the market.

And when GM crushed their electric cars, they proved that the real issue is CEO prejudice, not the desire to sell cars.

There is zero real reason why GM and Ford can't compete with Toyota, especially post-Nine-eleven when theoretically the Buy American crowd could have had a field day. Instead, they went with the boom and bust of hawking wheeled circus trucks to the nouveau riche.

I'd like to shove my '50s Chevy up the rear end of the CEO of Chevrolet, see if he can hear me honking for union rights and reasonably-sized cars.

If we keep shipping cars to the U.S. from all over the world, there will be no need for cars, period.

Because all the oil will be consumed shipping the cars to the U.S.

The fact is, the market is always short-sighted. (In a nutshell, how can we make the most money in the least amount of time by spending the least amount of money.)

If we continue to obey and worship the market, and we forget that we're human beings who need to live in a society with other human beings, not to mention we need to live on a planet with breathable air and drinkable water, our species will be relegated to existing in a thin layer of sedementary rock for future species to discover.

No surprise. These "stock market is god" types would sell their own mother if it made them a dollar in the stock market.

It's a shame such soulless SOB's are given a platform to spew their lack of conscience and patriotism to the American worker. Who needs to make cars here? Let's have the Chinese make our cars...and if the wheels fall off on the freeway, or the gas tanks start scraping on the road as we drive down the highway...who gives a rat's ass. Long as we save a dollar and the stock goes up.

What a prick head!

I would like one person to show me a statistic that says American workers are inferior regarding the goods they produce. All this BS about cars are made better overseas is crap. Toyota, Honda and Mitsubishi cars that are sold in the U.S. are made here by American workers. Some of you people are just ignorant. Can't believe people on this site are actually buying into Fox News.

The American worker is far and away the most productive, efficient, and safe. The only issues are the wages and benefits. And for some strange reason, you non-union workers think killing unions and empowering corporations will enhance your own employment. If you're stupid enough to depend on the benevolence of corporations to take care of you, you're sheep waiting for slaughter. Whether you like it or not, the simple threat of unionization keeps even non-union companies in line and forces them to obey the most minimal of labor standards. Eliminate unions and the middle class dies.

I wanna know why it is that the mutual understanding between mathmatical commerce and humanist commerce no longer exists.

To view the proliferance of "common man" work as a bid to sink in the muck of anti-productivity is nonsense. It is in essence taking a very crucial bit of humility and taking away all value. Yes, it is true that as time progresses, the expectation rises in what people are expected to strive for. That NEVER takes away from the value of honest work for honest pay. And yet and all, the answer many people will give you for "human being" work being sold abroad is that "well you just have to adapt and become successful in the Nu World." I don't care how "nu" the world gets, somebody who knows how to build a car is a valuable person and ought to be paid well for it.

Anything one can do by virtue of applying their mind to a certain technical skill is valuable. The trouble is that there is no value anymore for that which a lot of intelligent people can also do.

But what happens when you take away more and more of these "lower" sector job opportunities is create a world where people don't have stepping stones anymore. You can't "grow" into higher positions by applying learned skills to the next level. You have to be a pro or else there's nothing for you. And the byproduct *I'm* seeing is people with no real life lessons accelerating to the top as shallow, privileged beings, lowering the bar for how success is achieved.

Middle class work teaches values that people who only know the world of business and trade can't know as well. It is valuable for a culture, and has many ways in which it can be valuable for a national economy.

"The president's chief economic adviser, Greg Mankiw, wrote that the movement of U.S. jobs overseas due to cheaper labor costs – 'outsourcing' he dubbed it in a remarkable display of political tone deafness – would prove 'a plus for the economy in the long run,' and was simply 'a new way of doing international trade.'...Mankiw's assertion – certainly sound economic theory and something that would play well at, say, a Harvard graduate school lecture – illustrates the political ineptitude the White House has exhibited...It did not take long for Republicans to realize Mankiw's comments were radioactive."
CBS News, 2-12-04

Paul in LA @ 121:

sparky @ 89:

Toyota and Honda both have double digit growth in their plants in the US. No union there!!! Ford, GM & Chrysler...any growth there? Um ..No!!! Coincidence?

The 'coincidence' has little to do with labor, and a lot to do with the kind of cars being produced.

Another "coincidence" is that Japanese companies limit the amount of money their CEOs make.

In 2005, CEOs in the States made 430 times the salary of the average worker.

While the same year, CEOs in Japan made 55 times the average worker.

At a point when U.S. companies are giving CEOs massive golden parachutes (like Exxon-Mobil CEO's $500,000,000 retirement package), is it really appropriate to tell the workers they're asking for too much?

That somehow, they're going to be the ones responsible for forcing the company to move out of the U.S.?

Bullshit.

Fuck you Cramer, you shameless corportatist suck up. The only thing "inferior" here is the Big Three business plan which assumes that high margin gas hog SUV's and trucks will be the centerpiece of their offering forever and that the public will just keep buying them. They adhere to the 1960's saying that small cars equal small profits. Remember that GM shredded their prototype electric car until Toyota and others beat their ass in the market and they realized that maybe they should pay attention to public sentiment after all. And too bad about your legacy costs but nobody forced these people to trade off benefits for wage gains for 30 years, essentially forestalling the day they would have to pay the true cost of their faulty negotiating---which is today.

In reality, the problem is their incompentence and market myopia, not the UAW, who they conveniently blame for their problems. These cowards created their own problems and don't have the guts to admit it. Shocking, isn't it?

The Big Three once led the world in innovation, design, and forward thinking products. Not any more, and they never will again. They know what to do but simply don't do it, preferring to be slaves to the crack of short term return and shareholder EPS.

I'll think about buying an American car again when these selfish goons get their head out of their ass.

I saw the show and was totally disgusted. I had no idea the guy was THIS heartless. I will never watch him again.

I dare Jim Cramer to take that act down to the nearest UAW picket line. Let's see how long it takes for that motherfucker to end up face down in the gutter. Hey, if he's scared, the can take that other snorting, snickering buffoon -Chris Matthews- along for protection. And what the fuck was up with that viagra reference? You got Cramer babbling on and on about viagra, Tweety's chuckling and snorting like a fucking retarded hyena. Meanwhile, Ross is wondering "What the fuck is wrong with these two??"

It never ceases to amaze me. You have freaks like Cramer saying "Yeah! ship all the jobs overseas! "It's all about the stock price!!". Yet none of them ever seems to get around to discussing what happens when a country no longer produces any goods. What happens when all the jobs are outsourced?? Who do companies remain "competitive" when no one has any money left to buy these companies' goods. It's like, they just don't look that far ahead.

Usually I think of myself as a knee-jerk liberal but on this you guys are dead wrong! Of course Cramer is over the top but he is making a completely valid point - GM's main business is providing health care for its retired workers while the main NEW markets for its cars are overseas in China. You guys just make me laugh when I see you whining about sending jobs overseas while you drive around in your Honda's and Toyotas... seriously, anyone else posting here should state what car they currently drive.

Cramer is the most over-rated, SUPER mediocre corporate cheerleader on television.

I used to watch him...before I noticed that he was wrong as many times as he was right about stocks. Some report that he is right 48% of the time. Many people suffered great losses listening to him (anybody remember the Dick's Sporting Goods recommendation?).

Cramer sees the world as one big corporation, with the white-collar headquarters right here in the US. The rest of the world is where factories, workers, and peons live. There is no room in the USA for those filthy middle-class/lower-class workers (yuckkkkk).

Cramer's bashing of unions is strictly in line with the corporatocracy he advocates. Cramer is a perfect example of what is wrong with the United States.

Andy McDermott @ 131:

Usually I think of myself as a knee-jerk liberal but on this you guys are dead wrong! Of course Cramer is over the top but he is making a completely valid point - GM's main business is providing health care for its retired workers while the main NEW markets for its cars are overseas in China. You guys just make me laugh when I see you whining about sending jobs overseas while you drive around in your Honda's and Toyotas... seriously, anyone else posting here should state what car they currently drive.

I drive a Chevy Cavalier. Now will you just STFU?

.

First they came for the Socialists, and I didn’t speak up,
because I wasn’t a Socialist.

Then they came for the Trade Unionists, and I didn’t speak up,
because I wasn’t a Trade Unionist.

Then they came for the Jews Muslims, and I didn’t speak up,
because I wasn't a Jew Muslim.

Then they came for me, and there was no one left
to speak up for me.

.

It is us
It is NOW!

Is it Heil Bush
or
Is it Long Live George?

.

kulshan @ 115:

rduke @ 110:

AntiFed1791 @ 99:

rduke @ 98:

Starting with the Eugenicists that promote this idea.

Starting with the starch brains who can't READ...

Then the poor...

Then the Eugenicists...

Ok ... happy?

now is youre chance to lead by example rduke...........

Wow..

Well I don't know how much more obvious I can make it...

But you should know that I don't go first...

You both do..

BECAUSE YOU CAN'T READ!

--

Jesus Christ..

You spetzel brains really think I am advocating an Elitist Eugenics mindset????

Or am I reflecting it in a satirical way???

Wake up...

FFS...

Especially as oil becomes increasingly scarce and more expensive it
would be wise to have to transport half ton vehicles half way around the world,
and keep outsourcing until no one in our country can even work with our hands anymore
because we'll just export you tube videos of ourselves and blog, which will be in HIGH demand
when the world hits a recession.

And I know what I'm talking about. I'm in advertising. If things ever get bad, and they will,
the first thing to go are the pointless and fancy internet videos and games I create for companies
that are currenly experiencing record profits, and will continue to experience record profits as long
as we continue to accept our fate as a future 3rd world nation.

Jim you're a dumbass.

Efficiency and progress is ours once more
Now that we have the neutron bomb
Its nice and quick and clean and gets things done
Away with excess enemy
But no less value to property
No sense in war but perfect sense at home

The sun beams down on a brand new day
No more welfare tax to pay
Unsightly slums gone up in flashing light
Jobless millions whisked away
At last we have more room to play
All systems go to kill the poor tonight

Gonna
Kill kill kill kill kill the poortonight

Behold the sparkle of champagne
The crime rates gone
Feel free again
O lifes a dream with you, miss lily white
Jane fonda on the screen today
Convinced the liberals its okay
So lets get dressed and dance away the night

While they
Kill kill kill kill kill the poortonight

Andy McDermott @ 131:

Usually I think of myself as a knee-jerk liberal but on this you guys are dead wrong! Of course Cramer is over the top but he is making a completely valid point - GM's main business is providing health care for its retired workers while the main NEW markets for its cars are overseas in China. You guys just make me laugh when I see you whining about sending jobs overseas while you drive around in your Honda's and Toyotas... seriously, anyone else posting here should state what car they currently drive.

Most Hondas and Toyotas are made in the US of A. Anyhow, this is the problem with America these days: too many people with shit for brains. So let's see if we are China's main market, then it would make sense for China to manufacture everything here, right?

Wow I never would have guessed that a wall street financial analyst would defend cutting costs.

Don't worry about keeping jobs in America. There is a new Hyundai plant going in here in SE Indiana and they plan on employing quite a few Hoosiers. ;-)

The UAW can go to Hell. They build shitty cars that cost more at the dealer because they are made by a union shop. The American auto industry is dead and will only come back when the unions get shown the door.

As a member of UAW Local 974 at Caterpillar I can say with all honesty that I'm not broken Jim!! Who gave this boob a platform anyway??
We took a beating from the company with the help of companies like GM but were still there. We were a litmus test to see if a union could be broke and they failed.
Jim Kramer is an idiot in the largest sense just for the idea that he would compare a company like Caterpillar with GM simply because we are smaller and were much easier to attack.
He talks about Viagra.........He needs a Valium!!

Another bonus reason for Corporations controlling the media.

You don't have to have a crystal ball to see that they are coming for you and then you, next.

America military defends corporate interests around the world and they use that protection to profit off the workers because enough isn't enough.

GM will not be able to compete with its manufacturing overseas. The other companies will not allow its corporate dominance nor its competitiveness with their own. The unstable governments will take their company away from them.

Where is GM's top Mgmt taking their short change in this ??????????????

Like it is the union that makes corporate decisions for GM and the Union is bad. GM would be in trouble without a union.

Is it true that japanese CEO's make 30 to 40 times its workers pay? Where as in the good old USA its 380 times the average workers pay? Who is fooling who?

Thanks to all of those who voted for themselves and not for the country in all our government affairs....

Yes Jim!
UAL was such a BUST with the stockholders, i mean, employees that well busting UAW is such a great idea. I mean, the CEO has the highest aspirations for the company. and we should treat him like Jesus.
Yes!
Yes!
Yes!

Hey United States, Get it through your thick heads. You are being sold out by the GOP! Period. They have lied to you consistently. The problem is the fact you can not believe that someone will rape the country this way.

Cramer is a disgrace to all Americans, what a freaking joke that stupid, loudmouth turdbucket is.

I agree Cramer's an asshole, but I'd still rather drive my old Mercedes than a new Chevy.

This is another foolish bastard that simply believes he is fooling American people and how sad it is for these corporations to pay these freaks millions of dollars that they in fact collect from us with their overpriced wares.to pay these goons for this kind of trash.

This ass hole is not even conscious, that he will be leaving America in shambles, because of his unmitigated greed and need to be something he never will be . His own kids will also suffer for his ignorance.

We just have to vote for and put a person in the white house that are going to deal with these people who have defrauded this government like these people have.

We have to focus on the 2008 election and make sure we are not screwed out of it again as it is fast approaching and the devils are at work as we speak as they are desperately trying to screw California out of their 54 electoral votes, by changing the process and we most certainly cannot let that happen.

Thats the problem with the UAW. You can even see it on these message boards. So much physical violence threatened. I worked with the UAW, and if I ratted out people who smoked weed on the job, at a minimum, your car would be vandalized. Not to mention, if they are busted, they would just get paid leave. The UAW janitors got paid more money than the engineers. Overall, the UAW should dissolve. They are over paid, under skilled, and their violence is not welcome. Good riddance!

Easy as usual to blame the unions. Where i come from ? a deal is a deal is a deal. The people, already retired , have lots to lose too. They put in their 35 or so years ,on the mind numbing assembly lines, and expect what was promised contractually to them. The company was tossing most of the goodies at workers back in 80s when all was better for the big three. Its hilarious to hear the idiots protect the right of auto execs to make millions with the old " good help is hard to find " horseshit. Im pretty sure, in todays job market, one could find pretty competent help for way less dollars. Let the executives learn the new "how little are you willing to work for" credo of the current middle class.The blue to white collar wage ratio in the US is disgusting, absurd and flat out based on greed which seems to keep US ticking these days.Perhaps they can get "The Decider" to decertify the unions and they can give the auto jobs to his illegal alien worker pals he prefers over the average American. I think greed alone is the root problem for Bush Co. America and the GOPs love of "unfettered" profit which basically means " no safety, no benefits , no dialog " Welcome back to the past folks. Whys does everything Bush does have a regressive slant to it ? Always going backwards.

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