Berkeley CSUA MOTD:Entry 52057
Berkeley CSUA MOTD
2018/07/19 [General] UID:1000 Activity:popular

2008/11/20-27 [Transportation/Car, Reference/Tax] UID:52057 Activity:nil
11/20   "Far from vanishing, many of GM’s assets would be quickly purchased
        by competent foreign automakers eager to expand their capacity in what
        is the world’s largest auto market. Happily, the list of well-run car
        companies, from Toyota to Nissan to Porsche, is long."
        big FAT LOLZ there.  When GM closes up, GM's factories are going to
        go idle and rust and provide excellent opporunities for hipster
        dumbasses who love breaking into buildings to photograph our
        crumbling industrial past glory.  Those jobs are not coming back, EVER.
        \_ GM is a modestly profitable car company with a huge losing pension
           fund attached. In bankruptcy, they will be able to dump the
           pension liabilities onto the government and return profitable.
           \_ which I would argue this is a sure sign of incompetitiveness of
              USA as a whole.  Then again, if Pension were funded properly,
              shouldn't be a problem.  My guess is that during the go-go days,
              GM decided to use the pension contribution and count it as profit.
              GM decided to use the pension contribution and count it as
              \_ No, it is mostly an artifact of the fact that we push health
                 care costs onto private employers, while that cost is borne
                 by The State for GMs competitors. Even offloading all the
                 pensioners healthcare costs alone would make GM profitable.
                 The GM management (and unions) decided to forstall a bunch
                 of labor issues in the 70's by increasing benefits, which we
                 are paying the price of now, but no one could have reasonably
                 expected health care costs to increase at 7%/yr for 30 years.
                 \_ not just the 70s and not just GM.  This happened with a lot
                    of city/county governmental orgs as well.  The contra costa
                    county school district is going to be bankrupt due to
                    quickly increasing pension/medical benifits for retired
                    quickly increasing pension/medical benefits for retired
                 \_ Of course, those evil socialist countries fund health
                    care by TAXES on corporations.  But we could never tax
                    corporations here, because that would make us
                    uncompetitive.  Or so goes the corpratist line.  -tom
                    \_ Right, because corporations here don't pay any taxes
                       ever. There's no way an evil corporation like
                       XOM would pay any tax.
                        \_ That statement is becoming more true every year.
                           In the 50s, 1/3 the federal tax revenue came from
                           corporations, today it's 7% and still dropping.
                           Assuming the corporists that run the government
                           continue their successfuly campaign to eliminate
                           taxes on corporations whenever possible, it's
                           conceivable that will go down to 0% in a decade
                           or two. -!tom
2018/07/19 [General] UID:1000 Activity:popular

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2008/12/18-2009/1/2 [Transportation/Car] UID:52269 Activity:nil
12/17   Chrysler halts production. It's not like anyone I know in N Cal
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        \_ they still own lamborghini?
        \_ not like everyone i know in N Cal drives
           \_ hasn't stopped them from begging for rides
        \_ It's called a "Dodge" for you.
2008/12/9-14 [Transportation/Car, Transportation/Car/RoadHogs] UID:52215 Activity:kinda low
12/9    I have what is likely a very basic (and possibly stupid) question.
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    or is it resulting from it? Thanks.
        \_ They were already troubled, but not irreparably in the
           previous environment. The current environment has made things
2008/11/19-23 [Transportation/Car, Industry/Jobs] UID:52041 Activity:nil
11/19   Toyota to lay off temporary workers in US.  are we screwed now?
        \_ When GM goes under, they'll rehire them.
        \_ HAN: (over speaker) Now let's blow this thing and go home!
           \_ I know you don't believe in technical indicators, but today
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2006/1/26-29 [Transportation/Car, Transportation/Car/RoadHogs] UID:41557 Activity:high
1/26    Our jobs are getting outsourced because we're unpatriotic and
        buy foreign goods. Try something new. By an American vehicle -
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        \_ Real patriots don't drive cars.
        \_ I bought an American vehicle but it had nothing to do with
2005/11/25-28 [Transportation/Car/Hybrid] UID:40733 Activity:moderate
11/25   Toyota to introduce better hybrid system in 2008: (
        \_ what happened to GM's fuel cell plan?
           \_ It's going as well as American cars!
        \_ This was known already for some time. This news is specially
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2005/11/2-4 [Transportation/Car/RoadHogs] UID:40404 Activity:nil
        SUV sales in free fall.  w00t!!
        \_ "Detroit relies on SUVs for about half its unit sales, a much higher
            percentage than foreign automakers." Stupid fucking moron assholes.
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            line workers have to pay the price for the fucktards who run the
2005/9/17-20 [Transportation/Car/RoadHogs, Transportation/Car/Hybrid] UID:39738 Activity:kinda low
9/17    Toyota to go 100% hybrid:
        Related Update, Toyota to reduce the price of hybrids: (usatoday)
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        \_ They're going hybrid with the Highlanders, and competitors to
2005/9/17 [Transportation/Car/RoadHogs, Transportation/Car/Hybrid] UID:39723 Activity:high
9/17    Toyota to go 100% hybrid:
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2005/5/9-11 [Transportation/Car, Reference/Law/Visa] UID:37589 Activity:moderate
5/9     Here's someone who found a creative use for a math degree:
        \_ What a lamer.
        \_ It crazy to do this for someone whose parents can donate $21m to a
        \_ It's crazy to do this for someone whose parents can donate $21m to a
2004/12/21-22 [Transportation/Car] UID:35388 Activity:high
12/21   What exactly does it mean these days to say a certain car
        is American or Japanese or German or anything, seeing how most/all
        cars are built in another country (e.g. Mexico)? Does it simply
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        \_ No they aren't. A large amount of American cars are made in
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2013/9/2-11/7 [Reference/Tax] UID:54736 Activity:nil
9/2     I'm young, and stupid. Does the IRS want reporting on 401K, IRA,
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        \_ The account custodian (bank/brokerage/mutual fund) reports it to
2012/11/5-12/4 [Reference/Tax, Politics/Domestic/Election] UID:54521 Activity:nil
11/5    "Tax Policy Center in Spotlight for Its Romney Study": (
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2012/3/5-26 [Reference/Tax] UID:54327 Activity:nil
3/5     My dad is retired and has no income. My income tax bracket is
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        \_ IRS says the interest is allocated according to who allocated
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2012/3/7-26 [Reference/Tax] UID:54331 Activity:nil
3/7     "Michigan woman still collecting food stamps after winning $1 million
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        \_ My first reaction was pretty hostile to her, but then, I
2011/4/17-7/30 [Politics/Domestic/California, Reference/Tax] UID:54087 Activity:nil
        "The super rich pay a lot less taxes than they did a couple of decades
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        \_ yeah but only 3 out of the 5 people who aren't rich but complain
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