Reply #98: Foreign car makers that assemble their [View All]

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cars here only assemble a small portion of their total cars in the US and only a few models. Most of the parts are made overseas with cheaper labor and low to no health benefit cost (government supplied health care coverage) then shipped here for assembly.

They have only been in the US for a few decades and do not have the pensions to support that the big 3 have. I am not sure what they do now since I haven't worked there but I doubt they have a pension setup like the big 3 used to have and is still paying for. Many do not have to worry about high pension cost in their country of origin either.

Many of them have gotten financial help in one form or another from their governments. It may not be called a bailout but a money infusion is still money no matter whose government does the giving.

All that said the big 3 have still made some major mistakes and should have major over site for a long while if they get taxpayer money. Management should have to pay for their bad decisions even if it means replacing them with more competent and less arrogant people. This coddling of the rich, over priced CEO bullshit has got to stop, Too many of them are getting away with running companies into the ground and tearing apart our economy and the few good ones we will never hear about because they aren't demanding handouts.

Union workers on the whole are hard working people that suffer through regular lay offs, specially the first few years they work for a company. Yes there are also some that take advantage but then there are people like that in every facet of the world. Still no reason to paint all union workers as lazy or bad.