2 Stocks Stopping the Presses

• Report this Comment On January 27, 2012, at 9:39 PM, pawl442 wrote:

  Sure, it's always the union's fault? How about healthcare costs going up 68% in the past twenty years. How about auto execs and upper management investing billions in the oil sector and then producing vehicles that got 7 mpg. This while the population was demanding more fuel efficient cars. Toyota cleaned their clocks and so did the drop to $30/bbl of oil. If you took time to look at the union contracts you would see that the unions made huge concessions year after year to help try and save GM and Chrysler, way before the 2007 Wall Street financial meltdown. Ford has the same UAW employees, how come they didn't need to borrow money to stay afloat?

  Because they had already retooled and were producing and selling cars throughout Europe that got 60 PLUS MPGs. These were managements decisions not the workers.

  Instead of being so biased check the whole story before spreading the anti worker lies. Germany pays it's auto workers a comparable wage as our big three and Germany has the best economy in the EU. But you know what? Their auto mfgs don't have a $3 BILLION/yr (GM's costs alone) healthcare bill as part of their overhead. As a matter of fact, these costs are destroying all U.S. business competition throughout the industrial world. We need single payer insurance. That way we all pay for our health, not just our employers OR our Government. Forty Nine Thousand U.S. FACTORIES were closed and moved off shore in the past 20 years, 15% were union. Who will you blame for the other 85%?

• Report this Comment On February 04, 2012, at 11:27 AM, Blindnomore wrote:

  I blame the insurance industry aided by the political farce imposing themselves as our gov't. In reality the gov't is the upper banking circle who pass the laws to make their ability to rule over the rest of us by controlling the regular Joe's amount of free spending money. By implementing a guaranteed fixed rate of inflation of at least 2% and usually more, it guarantees Joe's free cash flow will always fall short yoy. Unless Joe's benefit from an inheritance, lottery win, game show prize, gambling win, or some other out of the ordinary occurence. Just working hard and doing the job right is not ever enough. Insurance companies unfairly calculate rates based of credit scores and further punish those who may have made zero claims up to five in a year or ten years. They base the rates in part upon the region as a whole and basically you pay for anothers negligence behind the wheel or their inability to wash their hands enough to keep from being sick, or their continual ability to be an idiot and causing accidents in their wake wherever they go. The gov't has given insurance companies the legal ability to steal from everyone equally based upon unrealistic criteria and using profiling(something seen as a big no no in all other places). Load on top of that gov't further punishing us using un-constitutional methods like traffic cameras and statutes, acts and other codes that do not hold up under scrutiny using the Constitution as the guide per the Constitution. Then of course there are the unions who unfairly delay work output and force contracts by the company the workers of a union work for to run into cost overruns and contract late fees imposed for production shorts or whatever. Plus union wages are many times not comensurate with the work being performed because the worker has high seniority allowing them to basically do nothing but show up and punch the time clock. But the main problem in this country is the oversized gov't and their ranks being filled with bankers and insurance industry lampreys and of course do not leave out the judiciary who think themselves above all else and now with the ability to write the laws from the bench instead of being a referee of the law. Take your pick, they all suck the lifeblood out of this country.

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