snoughnut
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Posts posted by snoughnut
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21 minutes ago, Biggie Smails said:
Well he definitely has the faggot part covered....
20 minutes ago, f7ben said:he probably doesnt like hockey because its too complicated for him
momo gets confused with simple games like whackamole and connect 4
You guys be nice to momo, if you're nice to him he'll be nice to you.
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8 minutes ago, Anler said:
Cat is not going out of business silly. They are doing what everyone else is doing, moving out!
I didn't say they were poop shoot, but they had a major revenue drop and the fact that they're located in the Chicago area where you claim the economy is booming is a bit telling.
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14 minutes ago, Anler said:
Lot of companies went out of business in 2008/2009. I dont know of any in 2016/2017. Thanks Obama!
It appears Caterpillar isn't doing so well, thanks Obama!
March 31, 2017
Caterpillar to close Aurora plant, cutting 800 jobs
Photo by BloombergCaterpillar is closing its plant in Aurora, moving the machinery made there to other sites and laying off 800 workers.
The company, which has been weighing this move since January, will continue to have an office in Aurora for engineers and product support employees, says Cat spokeswoman Lisa Miller. Caterpillar's workforce in Aurora currently totals about 2,000.
The plant closure is expected to be completed by the end of 2018. Workers will have the opportunity to apply to work at other facilities, Miller said.
About 500 jobs and the work making large wheel loaders and compactors will move to Decatur. Production of medium wheel loaders and 150 jobs will go to North Little Rock, Ark.
The move is part of the company's effort to slash production capacity in the face of dropping sales. Caterpillar revenue peaked at $66 billion in 2012 and has been sliding ever since. 2016 revenue was $38.54 billion.
The company has been cutting employees since 2015, with the goal to reach 10,000 layoffs by 2018. The Aurora closure comes on top of those cuts.
“Moving production from Aurora to other existing facilities allows Caterpillar to efficiently leverage manufacturing space while still preserving capacity for an upturn,” Denise Johnson, Cat's group president of resource industries said in a statement. “Supporting impacted employees through this transition is a top priority.”
Though the company earlier said a decision on the plant's fate would come by the end of the quarter, the move comes four days after a new, six-year contract was ratified by Caterpillar's union workers. The contract with 5,000 workers represented by United Auto Workers anticipated the closure with special measures aimed at Aurora. Workers will receive a lump-sum payment equal to 40 hours multiplied by their hourly wage, multiplied by each year of seniority. For example, a worker who has logged five years and makes $22 per hour will receive $4,400.
But Aurora workers were specifically excluded from taking a $10,000 bonus offered to men and women retiring before Jan. 2, 2019.
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Just now, Anler said:
Who did?
IMO, our messed up trade policies started getting bad in the early 90's and it has gotten worse since. I like to believe our leaders have the power to change that but when they're dealing with lobbyists from big corps. in the name of greedy greasiness, it has to be difficult. At least back in the 70's and 80's there was still a lot of products that were made in the USA. Maybe the puppet masters don't care as long as the puppets are powerless.
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8 minutes ago, Anler said:
Is that because of Obama or because we have been sabotaging our domestic production for the last 40 years with insane trade policy?
I wonder what our growth could have been if we spent the $6 trillion on domestic improvements instead of world warfare and occupation?
During Obummer's 8 years he did nothing to make that situation better and if anything it became worse under his term.
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9 hours ago, xtralettucetomatoe580 said:
Lol, I am sure there are areas of the state where that may hold true, but Madison and the surrounding counties is getting silly with prices. Bought my place in May last year. Home values in my area jumped $100K since then. We should start searching for employees down in the FIBlands. Seeing you guys are above the national average in unemployment and all. Maybe we can help lower that for you...
Seeing I work in manufacturing. Complete BS on the "high paid mfg companies starting at $10-11". We start at $15 for the completely unskilled box packing type jobs. Significantly higher for skilled jobs. And hella BS on the 50% turnover. We are, although, having a hard time finding labor. Unemployment is so low. Everyone in the area is raising wages too because of the high demand for workers and competition. Weird, its like you are pulling your opinion and numbers straight out of your ass?
Exactly. Not even the FIB insurgency can bring those prices up.
That smells like
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Edited by snoughnut
4 hours ago, f7ben said:The whole thing can be laid squarely at the feet of the banks and their bundling of mortgages that were toxic , credit default swaps , derivatives etc etc etc. Since they could play with all of our money instead of just their own (glass steagall) we were all on the hook for their fuckery and the taxpaying public paid the ultimate price for their fraudulent gambling. There should have been 1000 white collars given the death sentence and instead we gave them all golden parachutes
You'd have to be a brain dead fucking moron to blame any of it on some poor schmuck that bought too much house.
x's 2
1 hour ago, f7ben said:sure government shares a massive amount of the blame with the banks ......homebuyers might get .3% of the blame
Govt. is the most to blame, when you leave the door open to the hen house (deregulation/glass steagall, etc.) the wolves are going to slaughter and that's exactly what the banks did. There was a gal by the name of Brooksley Borne, I believe she was the head of the Commodity Futures Trading Commission, in the early 2000's she made Greenspan and the gang aware on a couple occasions of the impending mortgage crisis, it all fell on deaf ears and obviously she was correct but her hands were tied.
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8 hours ago, Biggie Smails said:
I am constantly amazed when I hear about somebody getting caught embezzling around here because they always get caught yet people keep doing it. It may take a while but eventually the paper trail catches up.
No doubt, a good friend of mine who was the branch manager at a local plumbing/hvac wholesaler had one of his employees do just that. The little fuck was doing false warranty claims and then taking the product home at night and selling it on Ebay. Most of the products he was doing false claims for happened to be constant pressure well pump systems that were manufactured by Grundfos. After about 5 years the accountants at Grundfos started wondering why they were having so many claims coming from Green Bay, WI and they weren't getting this volume of claims any where else in the country. After they figured it all out that employee pretty much got his ass handed to him, prison time, wage garnishment, he'll be paying for the rest of his life. After it was all said and done they figured he stole between $150,000 - $200,000 in product over a 5 - 6 year period.
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7 minutes ago, Mileage Psycho said:
He is who he is, he's the same guy that campaigned by promising the world, the only he has in him is when he turns on the ball, and by the way he is around a 10 handicap which is a pretty good golfer
Listen all politicians lie, but this guy has taken it to a level that has yet to be seen.
He's only been at it for 3 months and you believe he's raised the bar, he's still a rookie you dim bulb.
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Alec Baldwin does O'Riely & Trump
in Current Events
The wig on Baldwin's Trump is gray, it needs to be orange.