Re: [DMCForum] Re: Delphi files for Chapter 11 bankruptcy protection...DAMN

[beatlesra1@xxxxxxx]

The Delphi bankruptcy is no joke and the ramifications are serious. A  line 
is being drawn in the sand and it will effect not only UAW workers, which  I'm 
not a part of, but all tier one and tier two suppliers whom supply parts  to 
the big three and the transplant business ( Foreign Auto Makers ). UAW  workers 
are going to be forced to take huge concessions and it will be a domino  
effect. American companies regardless of what they manufacture will follow  this 
lead and slash wages and benefits, this will force companies where  it's 
workers don't make the huge bucks to cut wages and benefits, it's been  a long time 
coming and now it's here. I have always been in huge envy of G. M  and Ford 
workers making big money and I worked my ass off making minimum wage  and I 
couldn't get in those places because I wasn't a family member, but this is  going 
to really effect us all. There are a lot of UAW retiree's who frequent  this 
list that now are scared to death that they will lose there pensions  and the 
possibility of that happening is very real. Do you know what  that will do to 
the economy? Do you know what that will do to families? The  world is now 
waiting to see what happens with Delphi/ GM and then the shit will  really start..I 
work for a tier two supplier and we have already been forced by  the Lear's, 
the Delphi's to cut pricing and it will get worse. You think the  price of 
American automobiles will drop but don't count on it, besides with all  the cuts 
that will be coming who could afford them? My first reaction was good,  let 
the guy making $27.00 an hour for sweeping the floor take a hit but if you  
really think about it, it's going to affect all of us. This is very, very  serious!
 
Chuck Darling
Vin# 6125
 
 


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