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Monday, September 06, 2010 - 11:12 PM
There have
been six new publications added to the Forum since last Friday. The first
article can be found posted under the GM, Ford and Chrysler tab. The article
comes from the Ft. Wayne Journal-Gazette. It gives a firsthand account of life
on an assembly line, even though it was just for a couple hours. The reporter
spent time in the Fort Wayne Assembly plant and talked with people from one end
to the other. She spent time in Body Shop and worked on fender assembly. She also
had a bit of smoke blown up parts of her anatomy by management. It is a good
article and I am sure that those of you who work at this facility or other
assembly plants can relate to what she went through and what it is really like.
One post has
made it into Hodgepodge. The article comes from AOL Autos. It tells that if you
spend any amount of time behind the wheel, the results of a recent national
drivers test should scare you. And if they don’t, they should. 1 in 5 can’t
pass a driving test.
Two new posts
have been entered into the Open Discussion section. The first article comes
from the Detroit News. It states that last month’s weak auto sales crushed
hopes for a rebound in demand this year. Auto executives and analysts
increasingly see 2010 sales coming in at the low end of their forecasts ranging
between 11.5M 12M light vehicles. That would be only about a million vehicles
above last year’s disastrously low 10.4M. The second article is a release from
the Associated Press reporting that some 161 companies are seeking to raise
more than $56B through initial public offerings, of which General Motors Co. is
one. This is the most companies in the IPO pipeline since 2000 and the largest
pent-up dollar amount on record.
One new post
has been added to the Opinion category. The article came from the AARP website
and talks about the 3 legged stool most older Americans depend on for their
income. The 3 legs are a defined pension plan, Social Security and savings that
they hopefully were setting aside during their working years. Corporate America
has basically taken away one of those legs by doing away with defined pensions
for the new generation of workers and now the Republicans want to reduce, if
not do away with Social Security. Since its creation 75 years ago, Social
Security has been our country’s most important family protection program and
our most effective anti-poverty program.
One new post
has been placed in the Social Security and Medicare portion. The article comes
from the Washington Post and reports that there are a lot of things Congress
doesn’t know right now. What to do about jobs, for instance. Who’ll be running
the House come January and how to balance the budget. But there is one thing
that both parties increasingly seem to agree on: You should work longer. I have
no idea how this will help the unemployment rate, but the article is all about
Social Security, where it got its start and where it’s going.
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