Strict Standards: Non-static method TikiInit::prependIncludePath() should not be called statically in /home2/atash/public_html/wiki/tiki-setup.php on line 194

Strict Standards: Non-static method TikiInit::pathSeparator() should not be called statically in /home2/atash/public_html/wiki/lib/init/initlib.php on line 65

Strict Standards: Non-static method TikiInit::prependIncludePath() should not be called statically in /home2/atash/public_html/wiki/tiki-setup.php on line 195

Strict Standards: Non-static method TikiInit::pathSeparator() should not be called statically in /home2/atash/public_html/wiki/lib/init/initlib.php on line 65

Strict Standards: Non-static method TikiInit::tempdir() should not be called statically in /home2/atash/public_html/wiki/tiki-setup.php on line 197

Strict Standards: Non-static method TikiInit::prependIncludePath() should not be called statically in /home2/atash/public_html/wiki/db/tiki-db.php on line 79

Strict Standards: Non-static method TikiInit::pathSeparator() should not be called statically in /home2/atash/public_html/wiki/lib/init/initlib.php on line 65

Strict Standards: Non-static method TikiInit::prependIncludePath() should not be called statically in /home2/atash/public_html/wiki/db/tiki-db.php on line 80

Strict Standards: Non-static method TikiInit::pathSeparator() should not be called statically in /home2/atash/public_html/wiki/lib/init/initlib.php on line 65

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/adodb/adodb.inc.php on line 881

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/adodb/adodb.inc.php on line 887

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/adodb/adodb.inc.php on line 1198

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/adodb/adodb.inc.php on line 2027

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/adodb/adodb.inc.php on line 3104

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/adodb/adodb.inc.php on line 3682

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/adodb/adodb.inc.php on line 3758

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/adodb/adodb.inc.php on line 3778

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/adodb/adodb-pear.inc.php on line 116

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/adodb/adodb-pear.inc.php on line 162

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/tikilib.php on line 70

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/tikilib.php on line 5878

Deprecated: Assigning the return value of new by reference is deprecated in /home2/atash/public_html/wiki/lib/tikilib.php on line 5968

Strict Standards: Non-static method Date_TimeZone::isValidID() should not be called statically in /home2/atash/public_html/wiki/lib/pear/Date/TimeZone.php on line 3653

Strict Standards: Non-static method Date_TimeZone::setDefault() should not be called statically in /home2/atash/public_html/wiki/lib/pear/Date/TimeZone.php on line 3654

Strict Standards: Non-static method Date_TimeZone::isValidID() should not be called statically in /home2/atash/public_html/wiki/lib/pear/Date/TimeZone.php on line 155

Warning: session_start(): Cannot send session cookie - headers already sent by (output started at /home2/atash/public_html/wiki/tiki-setup.php:194) in /home2/atash/public_html/wiki/tiki-setup_base.php on line 274

Warning: session_start(): Cannot send session cache limiter - headers already sent (output started at /home2/atash/public_html/wiki/tiki-setup.php:194) in /home2/atash/public_html/wiki/tiki-setup_base.php on line 274

Deprecated: Function ereg_replace() is deprecated in /home2/atash/public_html/wiki/tiki-setup_base.php on line 279

Strict Standards: Non-static method TikiSetup::check() should not be called statically in /home2/atash/public_html/wiki/tiki-setup.php on line 241

Strict Standards: Non-static method TikiInit::isWindows() should not be called statically in /home2/atash/public_html/wiki/tiki-setup.php on line 85

Strict Standards: Non-static method TikiInit::os() should not be called statically in /home2/atash/public_html/wiki/tiki-setup.php on line 593
Survival Wiki : GM, Ford deathwatch
Navigation
Recently visited pages
 
new forums latest posts

    Forum: Countdown to crisis

    Forums->Countdown to crisis->GM, Ford deathwatch

    GM, Ford deathwatch


    Not really news, but still significant.

    These two companies were doomed a long time ago. The basic problem was compensation schemes that were "locked in" during the "easy living" years, that are now unsustainable.

    The pension plans were intentionally underfunded, as part of a scheme to reneg through the bankruptcy courts.

    Water under the bridge at this point. Going forward, the problem I perceive is the ripple effect: lots of unemployed auto workers -> loss of jobs of people who were providing them with services they can no longer afford -> more defaults on loans of all kinds -> more strain on banking system -> fewer loans available to more productive activities ... etc

      private message
    on: Wed 23 of Jul, 2008 [06:08 UTC] score: 0.00 reads: 10367

    Posted messages

    Top

    Page: 1/0

    Show posts: