Home Forums Hunting & Shooting Hunter's Campfire Ford to move all small car production to Mexico

They changed their viewpoint over time as the mantra maximizing shareholder profit came into vogue. With the advent of 401Ks replacing pension plans, employees had a vested interest in pushing for maximum value to the stockholders...as long as someone elses job was getting outsourced to a 3rd world country.

I'm just pointing out that wasn't always the case in America.

In the 1960's, IBM CEO Thomas Watson held a similar belief

"IBM’s philosophy could be contained in three beliefs: One, the most important, was respect for the individual employee; the second, a commitment to customer service; and third, achieving excellence.

"Balancing profits between the well-being of employees and the nation’s interest is a necessary duty for companies.We acknowledge our obligation as a business institution to help improve the quality of the society we are part of,” read the text of IBM’s corporate values."

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When it becomes about earnings per share - and not growing the business, its not innovation - it not even good corporate leadership.

I guess Fords and Oreo cookies will just cost 35% more.

For certain, and that's how we got the crapmobiles of the '70s, '80s, and '90s that created the market for quality foreign-built cars, subsidized in some cases by the governments of the countries producing them to make them even more desireable.

In the '90s, GM and the union agreed to try a different way of doing things and came up with Saturn, built in a new plant in TN, I believe. I bought one in '94, possbly the biggest POS on wheels I've ever owned (and I owned a Chevette!)

I go back to my original post. We don't have to like it. Just face it rather than whine. It shouldn't be so hard.

I was thinking that I once saw that the pipeline, two different types, came from two different sources, one being Korea. However, the latest current info shows this:

And like a lot of Japanese steel, it probably originates in the USA as scrap.

Nope. We spent the money to assure the supply chain. There is big money to be saved in structural steel on O&G projects.

That is what I drive. I have bought 2 since Zero screwed the GM stockholders and gave it to the Unions. I will never buy another GM product, no matter what they make or do. Hell with them. May add Ford to the list. Too early to know now. miles

At some point there will be too few workers paying taxes, and the Government will not be able to borrow enough, and it will all collapse. I do not know when, but unless it changes it is inevitable. miles

That...

Oreo is the world’s favorite cookie and the best selling cookie brand of the 21st century, with nearly $2.9 billion in global annual revenues in 2015.

Every year, more than 40 billion Oreo cookies are being produced in 18 countries around the world.

Mondelez, the company behind Oreo and Chips Ahoy cookies, said its profit in the first quarter nearly doubled as it raised prices for its products and cut costs.

Shares of Mondelez International Inc. rose $1.91, or 5.2 percent, to $38.71 in afternoon trading Wednesday(April 2015).

The company said it raised prices due to higher costs to make products. Its overall costs, however, fell 15 percent to $1.9 billion.

It reported first-quarter net income of $324 million (2015), or 19 cents per share, compared with $163 million, or 9 cents per share, a year ago(2014).

A lot of the Screwees were employees and retirees who had invested in the company (bad idea to tie your investments to the source of your income). The same thing happened to Lucent employees when management ran that company into the dirt. Sometimes, especially years ago, 401K investment options were largely limited to investing in the parent company which left the accounts exposed to excess risk.

The next car I buy will be the best I can afford, regardless of the source. My obligation to my family to spend our resources wisely overrides any other consideration.

OUCH!

There is a cookie maker union???
In Chicago????

How come nobody tells me these things???

I agree.

Sooner or later when all the real muscle is gone it will implode. We already see the signs.

The Germans had better small arms and more troops, better tanks, excellent non-coms, (perhaps the best the world ever saw), courage, audacity and on and on. To a large extent it was our industrial production that defeated them. We armed the commie Russians. We armed the socialist Brits. How will we do that next go round??? All the small towns that used to have tons of machinists making stuff... a lot of that is GONE.

It is bad.

Let the corporations that make cell phones man up with M1-Garands next time... But they be too busy playing Pokemon or whatever that is

I was told that the cars moving to mexico are small margin . They will keep the current UAW workers and use them to build Trucks and SUV's with a larger profit margin. That is why the UAW is not complaining.

You truly ar one very dumb [bleep].Who feeds you and dresses you? Why are you even bringing Trump into this?

Trump never said he would stop trade anywhere all he said was the trade deals had to be solid and favor the US not the other way around. Is that so hard to understand you [bleep] pos?

Your Candidate is 6 points down , cannot wait to see you cry a river in November you [bleep] loser.

There are 2 government workers for every private sector worker. Let that sink in for a few minutes

That's because they are NOT a union shop.


Simple Really.


Clyde

"Did someone say "sucking sound"?????"-----Ross Perot