Monday, December 29, 2008
Wednesday, December 17, 2008
Letter from Troy Clarke, President of General Motors - followed by a response from Gregory Knox of Knox Machinery
Dear Employees & suppliers,
Next week, Congress and the current Administration will determine whether to provide immediate support to the domestic auto industry to help it through one of the most difficult economic times in our nation's history. Your elected officials must hear from all of us now on why this support is critical to our continuing the progress we began prior to the global financial crisis......................As an employee or supplier, you have a lot at stake and continue to be one of our most effective and passionate voices. I know GM can count on you to have your voice heard.
Thank you for your urgent action and ongoing support.
Troy Clarke President General Motors North America
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
From Gregory Knox,
In response to your request to call legislators and ask for a bailout for the United States automakers please consider the following, and please also pass this onto Troy Clark, the president of General Motors North America for me.
You are both infected with the same entitlement mentality that has bred like cancerous germs in UAW halls for the last countless decades, and whose plague is now sweeping the nation, awaiting our new "messiah" to wave his magical wand and make all our problems go away, while at the same time allowing our once great nation to keep "living the dream"...
The dream is over!
The dream that we can ignore the consumer for years while management myopically focuses on its personal rewards packages at the same time that our factories have been filled with the worlds most overpaid, arrogant, ignorant and laziest entitlement minded "laborers" without paying the price for these atrocities...and that still the masses will line up to buy our products.
Don't tell me I'm wrong. Don't accuse me of not knowing of what I speak. I have called on Ford, GM, Chrysler, TRW, Delphi, Kelsey Hayes, American Axle and countless other automotive OEM's and Tier ones for 3 decades now throughout the Midwest and what I've seen over the years in these union shops can only be described as disgusting.
Mr. Clark, the president of General Motors, states:
There is widespread sentiment in this country, our government and especially in the media that the current crisis is completely the result of bad management. It is not...
You're right - it's not JUST management...how about the electricians who walk around the plants like lords in feudal times, making people wait on them for countless hours while they drag ass...so they can come in on the weekend and make double and triple time...for a job they easily could have done within their normal 40 hour week.
How about the line workers who threaten newbies with all kinds of scare tactics...for putting out too many parts on a shift...and for being too productive (mustn't expose the lazy bums who have been getting overpaid for decades for their horrific underproduction, must we?!?) Do you really not know about this stuff?!?
How about this great sentiment abridged from Mr. Clarke's sad plea: over the last few years ...we have closed the quality and efficiency gaps with our competitors.
What the hell has Detroit been doing for the last 40 years?!?
Did we really JUST wake up to the gaps in quality and efficiency between us and them?
The K car vs. the Accord?
The Pinto vs. the Civic?!?
Do I need to go on?
We are living through the inevitable outcome of the actions of the United States auto industry for decades.
Time to pay for your sins, Detroit.
I attended an economic summit last week where a brilliant economist, Alan Beaulieu surprised the crowd when he said he would not have given the banks a penny of "bailout money". Yes, he said, this would cause short term problems, but despite what people like George Bush and Troy Clark would have us believe, the sun would in fact rise the next day... and something else would happen...where there had been greedy and sloppy banks new efficient ones would pop up...that is how a free market system works...it does work...if we would let it work...
But for some reason we are now deciding that the rest of the world is right and that capitalism doesn't work - that we need the government to step in and "save us"...save us, hell - we're nationalizing...and unfortunately too many of this once fine nations citizens don't even have a clue that this is what's really happening...but they sure can tell you the stats on their favorite sports teams...yeah - THAT'S important...
Does it occur to ANYONE that the "competition" has been producing vehicles, EXTREMELY PROFITABLY, for decades now in this country?...
How can that be???
Let's see...
Fuel efficient...
Listening to customers...
Investing in the proper tooling and automation for the long haul...
Not being too complacent or arrogant to listen to Dr W Edwards Deming 4 decades ago.
Ever increased productivity through quality, lean and six sigma plans...
Treating vendors like strategic partners, rather than like "the enemy"...
Efficient front and back offices...
Non union environment...
Again, I could go on and on, but I really wouldn't be telling anyone anything they really don't already know in their hearts.
I have six children, so I am not unfamiliar with the concept of wanting someone to bail you out of a mess that you have gotten yourself into - my children do this on a weekly, if not daily basis, as I did at their age. I do for them what my parents did for me (one of their greatest gifts, by the way) - I make them stand on their own two feet and accept the consequences of their actions and work them through.
Radical concept, huh...
Am I there for them in the wings? Of course - but only until such time as they need to be fully on their own as adults.
I don't want to oversimplify a complex situation, but there certainly are unmistakable parallels here between the proper role of parenting and government.
Detroit and the United States need to pay for their sins.
Bad news people - it's coming whether we like it or not.
The newly elected Messiah really doesn't have a magic wand big enough to "make it all go away" I laughed as I heard Obama "reeling it back in" almost immediately after the vote count was tallied..."we might not do it in a year...or in four..." where was that kind of talk when he was RUNNING for the office.
Stop trying to put off the inevitable ...
That house in Florida really isn't worth $750,000...
People who jump across a border really don't deserve free health care benefits...
That job driving that forklift for the big 3 really isn't worth $85,000 a year...
We really shouldn't allow Wal-Mart to stock their shelves with products acquired from a country that unfairly manipulates their currency and has the most atrocious human rights infractions on the face of the globe...
That couple whose combined income is less than $50,000 really shouldn't be living in that $485,000 home...
Let the market correct itself people - it will. Yes it will be painful, but it's gonna be painful either way, and the bright side of my proposal is that on the other side of it is a nation that appreciates what is has...and doesn't live beyond its means...and gets back to basics...and redevelops the work ethic that made it the greatest nation in the history of the world...and probably turns back to God.
Sorry - don't cut my head off, I'm just the messenger sharing with you the "bad news"
Gregory J. Knox
President
Knox Machinery, Inc.
Franklin, Ohio 45005
Next week, Congress and the current Administration will determine whether to provide immediate support to the domestic auto industry to help it through one of the most difficult economic times in our nation's history. Your elected officials must hear from all of us now on why this support is critical to our continuing the progress we began prior to the global financial crisis......................As an employee or supplier, you have a lot at stake and continue to be one of our most effective and passionate voices. I know GM can count on you to have your voice heard.
Thank you for your urgent action and ongoing support.
Troy Clarke President General Motors North America
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
From Gregory Knox,
In response to your request to call legislators and ask for a bailout for the United States automakers please consider the following, and please also pass this onto Troy Clark, the president of General Motors North America for me.
You are both infected with the same entitlement mentality that has bred like cancerous germs in UAW halls for the last countless decades, and whose plague is now sweeping the nation, awaiting our new "messiah" to wave his magical wand and make all our problems go away, while at the same time allowing our once great nation to keep "living the dream"...
The dream is over!
The dream that we can ignore the consumer for years while management myopically focuses on its personal rewards packages at the same time that our factories have been filled with the worlds most overpaid, arrogant, ignorant and laziest entitlement minded "laborers" without paying the price for these atrocities...and that still the masses will line up to buy our products.
Don't tell me I'm wrong. Don't accuse me of not knowing of what I speak. I have called on Ford, GM, Chrysler, TRW, Delphi, Kelsey Hayes, American Axle and countless other automotive OEM's and Tier ones for 3 decades now throughout the Midwest and what I've seen over the years in these union shops can only be described as disgusting.
Mr. Clark, the president of General Motors, states:
There is widespread sentiment in this country, our government and especially in the media that the current crisis is completely the result of bad management. It is not...
You're right - it's not JUST management...how about the electricians who walk around the plants like lords in feudal times, making people wait on them for countless hours while they drag ass...so they can come in on the weekend and make double and triple time...for a job they easily could have done within their normal 40 hour week.
How about the line workers who threaten newbies with all kinds of scare tactics...for putting out too many parts on a shift...and for being too productive (mustn't expose the lazy bums who have been getting overpaid for decades for their horrific underproduction, must we?!?) Do you really not know about this stuff?!?
How about this great sentiment abridged from Mr. Clarke's sad plea: over the last few years ...we have closed the quality and efficiency gaps with our competitors.
What the hell has Detroit been doing for the last 40 years?!?
Did we really JUST wake up to the gaps in quality and efficiency between us and them?
The K car vs. the Accord?
The Pinto vs. the Civic?!?
Do I need to go on?
We are living through the inevitable outcome of the actions of the United States auto industry for decades.
Time to pay for your sins, Detroit.
I attended an economic summit last week where a brilliant economist, Alan Beaulieu surprised the crowd when he said he would not have given the banks a penny of "bailout money". Yes, he said, this would cause short term problems, but despite what people like George Bush and Troy Clark would have us believe, the sun would in fact rise the next day... and something else would happen...where there had been greedy and sloppy banks new efficient ones would pop up...that is how a free market system works...it does work...if we would let it work...
But for some reason we are now deciding that the rest of the world is right and that capitalism doesn't work - that we need the government to step in and "save us"...save us, hell - we're nationalizing...and unfortunately too many of this once fine nations citizens don't even have a clue that this is what's really happening...but they sure can tell you the stats on their favorite sports teams...yeah - THAT'S important...
Does it occur to ANYONE that the "competition" has been producing vehicles, EXTREMELY PROFITABLY, for decades now in this country?...
How can that be???
Let's see...
Fuel efficient...
Listening to customers...
Investing in the proper tooling and automation for the long haul...
Not being too complacent or arrogant to listen to Dr W Edwards Deming 4 decades ago.
Ever increased productivity through quality, lean and six sigma plans...
Treating vendors like strategic partners, rather than like "the enemy"...
Efficient front and back offices...
Non union environment...
Again, I could go on and on, but I really wouldn't be telling anyone anything they really don't already know in their hearts.
I have six children, so I am not unfamiliar with the concept of wanting someone to bail you out of a mess that you have gotten yourself into - my children do this on a weekly, if not daily basis, as I did at their age. I do for them what my parents did for me (one of their greatest gifts, by the way) - I make them stand on their own two feet and accept the consequences of their actions and work them through.
Radical concept, huh...
Am I there for them in the wings? Of course - but only until such time as they need to be fully on their own as adults.
I don't want to oversimplify a complex situation, but there certainly are unmistakable parallels here between the proper role of parenting and government.
Detroit and the United States need to pay for their sins.
Bad news people - it's coming whether we like it or not.
The newly elected Messiah really doesn't have a magic wand big enough to "make it all go away" I laughed as I heard Obama "reeling it back in" almost immediately after the vote count was tallied..."we might not do it in a year...or in four..." where was that kind of talk when he was RUNNING for the office.
Stop trying to put off the inevitable ...
That house in Florida really isn't worth $750,000...
People who jump across a border really don't deserve free health care benefits...
That job driving that forklift for the big 3 really isn't worth $85,000 a year...
We really shouldn't allow Wal-Mart to stock their shelves with products acquired from a country that unfairly manipulates their currency and has the most atrocious human rights infractions on the face of the globe...
That couple whose combined income is less than $50,000 really shouldn't be living in that $485,000 home...
Let the market correct itself people - it will. Yes it will be painful, but it's gonna be painful either way, and the bright side of my proposal is that on the other side of it is a nation that appreciates what is has...and doesn't live beyond its means...and gets back to basics...and redevelops the work ethic that made it the greatest nation in the history of the world...and probably turns back to God.
Sorry - don't cut my head off, I'm just the messenger sharing with you the "bad news"
Gregory J. Knox
President
Knox Machinery, Inc.
Franklin, Ohio 45005
Saturday, December 13, 2008
Saving Our Economy. Very Revealing.
http://www.hulu.com/watch/39817/fox-news-specials-saving-our-economy-what-next
Celente Predicts Revolution, Food Riots, Tax Rebellions By 2012
The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting a revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.
Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.
Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.
"We're going to see the end of the retail Christmas....we're going to see a fundamental shift take place....putti ng food on the table is going to be more important that putting gifts under the Christmas tree," said Celente, adding that the situation would be "worse than the great depression".
"America's going to go through a transition the likes of which no one is prepared for," said Celente, noting that people's refusal to acknowledge that America was even in a recession highlights how big a problem denial is in being ready for the true scale of the crisis.
Celente, who successfully predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar, told UPI in November last year that the following year would be known as "The Panic of 2008," adding that "giants (would) tumble to their deaths," which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others. He also said that the dollar would eventually be devalued by as much as 90 percent.
The consequence of what we have seen unfold this year would lead to a lowering in living standards, Celente predicted a year ago, which is also being borne out by plummeting retail sales figures.
The prospect of revolution was a concept echoed by a British Ministry of Defence report last year, which predicted that within 30 years, the growing gap between the super rich and the middle class, along with an urban underclass threatening social order would mean, "The world's middle classes might unite, using access to knowledge, resources and skills to shape transn ational processes in their own class interest," and that, "The middle classes could become a revolutionary class."
In a separate recent interview, Celente went further on the subject of revolution in America.
"There will be a revolution in this country," he said. "It's not going to come yet, but it's going to come down the line and we're going to see a third party and this was the catalyst for it: the takeover of Washington, D. C., in broad daylight by Wall Street in this bloodless coup. And it will happen as conditions continue to worsen."
"The first thing to do is organize with tax revolts. That's going to be the big one because people can't afford to pay more school tax, property tax, any kind of tax. You're going to start seeing those kinds of protests start to develop."
"It's going to be very bleak. Very sad. And there is going to be a lot of homeless, the likes of which we have never seen before. Tent cities are already sprouting up around the country and we're going to see many more."
"We're going to start seeing huge areas of vacant real estate and squatters living in them as well. It's going to be a picture the likes of which Americans are not going to be used to. It's going to come as a shock and with it, there's going to be a lot of crime. And the crime is going to be a lot worse than it was before because in the last 1929 Depression, people's minds weren't wrecked on all these modern drugs - over-the-counter drugs, or20crystal meth or whatever it might be. So, you have a huge underclass of very desperate people with their minds chemically blown beyond anybody's comprehension."
The George Washington blog has compiled a list of quotes attesting to Celente's accuracy as a trend forecaster.
"When CNN wants to know about the Top Trends, we ask Gerald Celente."
- CNN Headline News
"Gerald Celente has a knack for getting the zeitgeist right."
- USA Today
"There's not a better trend forecaster than Gerald Celente. The man knows what he's talking about."
- CNBC
"Those who take their predictions seriously ... consider Gerald Celente and the Trends Research Institute."
- The Wall Street Journal
"Gerald Celente is always ahead of the curve on trends and uncannily on the mark ... he's one of the most
accurate forecasters around."
- The Atlanta Journal-Constitution
"Mr. Celente tracks the world's social, economic and business trends for corporate clients."
- The New York Times
"Mr. Celente is a very intelligent guy. We are able to learn about trends from an authority."
- 48 Hours, CBS News
"Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash
and the demise of the Soviet Union to green marketing and corporate downsizing."
- The Detroit News
"Gerald Celente forecast the 1987 stock market crash, 'green marketing,' and the boom in gourmet coffees."
- Chicago Tribune
"The Tre nds Research Institute is the Standard and Poors of Popular Culture."
- The Los Angeles Times
"If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente."
- New York Post
Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.
Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.
"We're going to see the end of the retail Christmas....we're going to see a fundamental shift take place....putti ng food on the table is going to be more important that putting gifts under the Christmas tree," said Celente, adding that the situation would be "worse than the great depression".
"America's going to go through a transition the likes of which no one is prepared for," said Celente, noting that people's refusal to acknowledge that America was even in a recession highlights how big a problem denial is in being ready for the true scale of the crisis.
Celente, who successfully predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar, told UPI in November last year that the following year would be known as "The Panic of 2008," adding that "giants (would) tumble to their deaths," which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others. He also said that the dollar would eventually be devalued by as much as 90 percent.
The consequence of what we have seen unfold this year would lead to a lowering in living standards, Celente predicted a year ago, which is also being borne out by plummeting retail sales figures.
The prospect of revolution was a concept echoed by a British Ministry of Defence report last year, which predicted that within 30 years, the growing gap between the super rich and the middle class, along with an urban underclass threatening social order would mean, "The world's middle classes might unite, using access to knowledge, resources and skills to shape transn ational processes in their own class interest," and that, "The middle classes could become a revolutionary class."
In a separate recent interview, Celente went further on the subject of revolution in America.
"There will be a revolution in this country," he said. "It's not going to come yet, but it's going to come down the line and we're going to see a third party and this was the catalyst for it: the takeover of Washington, D. C., in broad daylight by Wall Street in this bloodless coup. And it will happen as conditions continue to worsen."
"The first thing to do is organize with tax revolts. That's going to be the big one because people can't afford to pay more school tax, property tax, any kind of tax. You're going to start seeing those kinds of protests start to develop."
"It's going to be very bleak. Very sad. And there is going to be a lot of homeless, the likes of which we have never seen before. Tent cities are already sprouting up around the country and we're going to see many more."
"We're going to start seeing huge areas of vacant real estate and squatters living in them as well. It's going to be a picture the likes of which Americans are not going to be used to. It's going to come as a shock and with it, there's going to be a lot of crime. And the crime is going to be a lot worse than it was before because in the last 1929 Depression, people's minds weren't wrecked on all these modern drugs - over-the-counter drugs, or20crystal meth or whatever it might be. So, you have a huge underclass of very desperate people with their minds chemically blown beyond anybody's comprehension."
The George Washington blog has compiled a list of quotes attesting to Celente's accuracy as a trend forecaster.
"When CNN wants to know about the Top Trends, we ask Gerald Celente."
- CNN Headline News
"Gerald Celente has a knack for getting the zeitgeist right."
- USA Today
"There's not a better trend forecaster than Gerald Celente. The man knows what he's talking about."
- CNBC
"Those who take their predictions seriously ... consider Gerald Celente and the Trends Research Institute."
- The Wall Street Journal
"Gerald Celente is always ahead of the curve on trends and uncannily on the mark ... he's one of the most
accurate forecasters around."
- The Atlanta Journal-Constitution
"Mr. Celente tracks the world's social, economic and business trends for corporate clients."
- The New York Times
"Mr. Celente is a very intelligent guy. We are able to learn about trends from an authority."
- 48 Hours, CBS News
"Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash
and the demise of the Soviet Union to green marketing and corporate downsizing."
- The Detroit News
"Gerald Celente forecast the 1987 stock market crash, 'green marketing,' and the boom in gourmet coffees."
- Chicago Tribune
"The Tre nds Research Institute is the Standard and Poors of Popular Culture."
- The Los Angeles Times
"If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente."
- New York Post
Friday, December 5, 2008
Peter Schiff
EVERYONE was snickering at this guy. Wish I would have heard his side of things in '06 and '07!!
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