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Title: General Motors' Woes Post by: JudgeNot on June 15, 2005, 02:13:31 PM BIZNET DAILY COMMENTARY
Abortionists kill 25,000 jobs at GM Posted: June 13, 2005 1:00 a.m. Eastern Business Reform Magazine is your exclusive source for real biblical answers to real business problems. www.businessreform.com By Noah Knox Last week General Motors held their annual shareholders meeting. As noted in World Magazine, chairman Rick Wagoner outlined plans for getting the company back on track. Most noted by the major media were the plans to shrink North American operations leading to the elimination of another 25,000 jobs. Although World caught it, most of the media missed (or intentionally failed to report) that Wagoner clearly identified union-demanded benefits as a big cause of General Motors' problems. The chairman identified that health care costs add $1,500 to the cost of each car sold by the company, placing the company at a huge disadvantage to foreign competitors. This should come as no surprise to BizNetDaily readers since we reported to you nearly two years ago that the unions were demanding outrageous health care benefits and that GM was more than happy to consider these demands. At the core of those demands were requirements, inserted by the normal anti-God forces that dominate union leadership, that auto makers pay for the murder of unborn babies. As we noted two years ago, the UAW didn't really expect to get abortions covered by contracts in those current negotiations. The press release on the UAW web site announcing ratification of the contracts doesn't mention that goal being achieved, so I doubt that abortion costs are part of GM's current problem. However, at the time, I noted that abortion coverage was a negotiating chip being used for two purposes: to protect other provisions in the contract, and to set the stage for including baby-murder "benefits" in future contracts. The UAW press release does mention that the union was able to protect worker health care benefits, so I honestly believe that the abortionists were able to force costs into the contract that GM otherwise would have been able to negotiate away. I don't need to tell you how bad things have gotten at General Motors. The fact that the company's bonds have been downgraded to junk status and that they are being targeted by a bottom-feeding buyout master are simply symptoms of a more critical problem. The moral bankruptcy of the company's leadership should be of greater concern to investors, customers, and employees than any financial challenges. As the Apostle Paul wrote in his letter to the Galatian church (Galatians 6:7) "Do not be deceived, God is not mocked; for whatever a man sows, this he will also reap." GM is just now beginning to reap the wages of sinful attitudes and beliefs that have been apparent for years. However, what is amazing is the continuing blindness and foolishness of both the company leadership and the UAW. The company seems to think that shrinking will make the problem go away. Even though they acknowledge that they have a critical cost disadvantage. Making fewer cars with fewer workers merely means that corporate overhead gets spread across less revenue, while new restructuring charges get layered on top. To appease the unions, GM will likely also need to make additional expensive concessions to workers, further increasing the company's cost disadvantage. Which leads to the blindness and foolishness of union leadership. The union is holding fast to their "rights" as promised in a contract that doesn't expire until 2007. Such stubborness will only lead to more job losses at GM and other American car makers. One has to question whether union leadership serves its members interests or whether it serves the false liberal god spouting anti-biblical doctrines such as "women's rights", "an impregnated woman's right to choose to murder", and "the right of gay, lesbian, and transgendered employees to have the company pay for treatment of the sin-induced medical problems of so-called partners." Or rather, we don't really need to ask since their actions have already clearly answered the question. |