- Joined
- Sep 13, 2007
- Messages
- 79,903
- Reaction score
- 20,981
- Location
- I love your hate.
- Gender
- Male
- Political Leaning
- Libertarian
When you are riding a Harley, don't forget about the three esses.
Shake
Shimmy
Smoke
:mrgreen:
<-----------BMW s1200rr
<-----------BMW s1200rr
then clearly you appreciate the benefit of employees having an opportunity to negotiate their conditions of employmentI don't know. I live in a non-union state, and I negotiate my own employment contractual arrangements.
since you have those other sucking skills, we will give you a pass on this oneI wouldn't know anything about sucking the teet of a union.
You have good taste Rev.
If I had the cash, I'd def get a BMW touring bike.
I'm a bit of a Euro fag when it comes to two wheelers and prefer scooters.
then clearly you appreciate the benefit of employees having an opportunity to negotiate their conditions of employment
since you have those other sucking skills, we will give you a pass on this one
EDIT: This has also been going on for ages, and I'm sick of hearing about it. It's not news unless they actually do it.
Sure...those unions have negotiated a SAAAWEEEEEEET deal for all those auto workers...right?
glad you agree. so, why the opposition to unions?
Regarding Harley owners...I LOVE the rugged "individualist"...the anti-societal outcast attitude...the rebel...the indendent free thinking, free wheeling individuals...all of them...dressed alike in their Harley Davidson boots, scarves, hats, belt buckles, undies, t shirts, wallets, and chains. They dont conform to no damn society pressures! :roll:
I cannot think of any other company that has bennefited more from its copyright. As stated about the average HD owner will have a complete head to toe dressing with the HD emblem. They will also have other HD merchandise in their homes.
To me the painting of one's self with the HD emblem can only be topped by a NASCAR driver with all his sponsors plastered over his jumpsuit.
Am just surprized that Harley hasn't come out with a Harley pickup to carry the bikes in.
Years back riding my Kawasaki 1500 to Sturgis I passed another biker with a tee shirt that had on its back " Nice trailer *****". Those of you ride will understand that shirt.
[bold emphasis added by bubba to compare and contrast employee focused results to management caused results]Feb 12 - Fitch Ratings has downgraded Harley-Davidson Inc. (NYSE: HOG) and HOG's 100% owned subsidiary, Harley-Davidson Financial Services, Inc. (HDFS) as
listed below. ...
The Rating Outlook on all the ratings is Negative. Fitch's actions affect
approximately $3.2 billion of debt at HDFS and $782 million of debt at HOG. Due
to the existence of a support agreement and demonstrated support by the parent,
HDFS's ratings are linked to those of HOG.
The rating actions are primarily related to developments at HDFS, including
a change in funding profile, which has led to increased borrowing costs,
deteriorating asset quality performance, and reduced operating performance.
The downgrades also reflect a reduced outlook for 2009 sales and margins at
HOG (the manufacturing operations) and higher cash outlays related to pension
and restructuring charges.
The Negative Outlook reflects the weak economic environment, which could
lead to further restructuring actions at HOG if volumes come under additional
pressure; cash outlays related to the company's pension plans in 2009 and 2010,
and dealer profitability.
In addition, the deteriorating economic environment will continue to
pressure consumers and could lead to negative asset quality performance beyond
current expectations at HDFS, which could affect profitability through
additional mark to market losses on loans held for sale, retained interest
impairments, and/or increased provisioning.
...
The 'A-' rating reflects HOG's brand strength, distribution network, solid
cash generation from its manufacturing operations, good manufacturing operating
margins, and expanding international presence.
...
Fitch is also concerned with HDFS's long-term alternatives
to fund originations if the capital markets environment remains status quo.
Based on HDFS's historical use of the asset backed securities market ($2.5
billion in 2007, $540 million in 2008), and lower retail origination levels in
2009, Fitch believes HDFS needs approximately $1 billion in financing in 2009
in addition to its available revolving credit facilities to replace
securitization funding used historically.
This funding would allow HDFS to maintain its historical funding volume of
retail U.S. sales at approximately 53%. The company made significant progress
toward the funding goal when HOG issued $600 million in notes last week,
although the 15% coupon will pressure margins in HDFS's operation. Fitch will
look for HDFS to continue to develop and execute contingency funding plans to
meet funding requirements for 2009 and beyond on a cost-effective basis.
If HDFS is unable to obtain all or part of the needed funding, HOG's
motorcycle sales could come under additional pressure if HOG's retail customers
are unable to find alternative financing sources.
...
Fitch believes HDFS's operating performance will continue to trend weaker
due to the economic and capital markets environment, manifesting itself in
higher provision expenses, charge-offs, and funding costs over the near- to
intermediate-term, with the potential for further retained interest impairments
and additional mark-to-market write-downs on loans held for sale. Fitch assumes
that HDFS's underlying collateral is more discretionary in nature and would
rank well below other assets in terms of priority of payment.
...
In 2008, total Harley-Davidson brand motorcycles shipments decreased 27,140
units or 8.2% to 303,479 bikes, while retail sales decreased 24,005 units or
7.1% to 313,769 units, indicating seasonally adjusted dealer inventories have
decreased. ...
every contract between labor and management is one which has been negotiated by and signed off on by management? Quite correct.
why would management agree to terms which are detrimental to the viability of the company ... a reasonable person might ask ... [
to answer that rhetorical question, it would be because management was incompetent and/or because management was willing to cave in order to realize short term benefits while recognizing they probably would not be there long term to face the down side of their contracted agreement
a non-rhetorical question: why is that the union's fault?
The management should also know that giving too much away can sink the business. Labor knows that as well so demands they make that are unreasonable may cost business and jobs.Management gives in to union pressure, simply because management faced with the inevitability of a strike that could if prolonged be the cause of a company having to close down.
Often, this legislation comes about with the resources and effort of the labor unions. Also consider that legislation is not always enough. Unions have legal and fiscal resources to support workers and help them work as a unified front for their interests.Union when they were initially started were there to protect workforce from harsh unfair practices.
Conditions such as were prevalent in those times no longer apply, in many instances Legislation protects workforce.
I agree that many modern unions have lost their way and lost sight of what their actual responsibility is, but I hardly see that as a reason to abandon the concept of unions altogether. After all, we are all intimately familiar with the multitude of legal infractions that corporations commit and the power they wield, why do we not disband them? And what unions do is (usually) legal.Unions nowadays are little more than a form of Mafia Protection racket.
If they are permitted to carry sway over otherwise successful businesses, all that will happen is that those businesses will eiither close down or move overseas.
The only other option is for some Corrupt Government to step in and take over that business and install Union as management, hey guess what, no outrageous demands are made of that business again.
What you're describing is McCarthyist paranoia and it's getting quite boring.What I have described is Communism, compulsory takeover of businesses deemed to important to be allowed to fail.
Of course your response would be that this cannot happen in the USA.
My response would be look at Chrysler and GM.
this assessment was conducted 18 months ago. But it appears to give credence to rumblings that about 50% of the paper hd financed is in some degree of default. Reportedly, significant numbers of repo'd bikes are being warehoused to try to maintain vehicle/brand value:
[bold emphasis added by bubba to compare and contrast employee focused results to management caused results]
text-fitch cuts harley-davidson issuer default rating | reuters
jujuman said:management gives in to union pressure, simply because management faced with the inevitability of a strike that could if prolonged be the cause of a company having to close down.
Union when they were initially started were there to protect workforce from harsh unfair practices.
Conditions such as were prevalent in those times no longer apply, in many instances legislation protects workforce.
Unions nowadays are little more than a form of mafia protection racket.
If they are permitted to carry sway over otherwise successful businesses, all that will happen is that those businesses will eiither close down or move overseas.
The only other option is for some corrupt government to step in and take over that business and install union as management, hey guess what, no outrageous demands are made of that business again.
What i have described is communism, compulsory takeover of businesses deemed to important to be allowed to fail.
Of course your response would be that this cannot happen in the usa.
My response would be look at chrysler and gm.
You have good taste Rev.
If I had the cash, I'd def get a BMW touring bike.
I'm a bit of a Euro fag when it comes to two wheelers and prefer scooters.
Pssh they have had those. :lol:
Road Test Review: 2010 Ford Harley-Davidson F-150 - PickupTrucks.com News
I don't like touring bikes very much. Too much restriction on how far you can push those things.
I'm in it for the cruise, not much else.
Me too! I just go a little faster.impdaddy:
:lol:
I raced a truck with a 70cc scooter once.
It was sad.
were folks behind you beeping cause you all were going to slow? :ssst:
I did 1000 miles on an sv650 in WV two years ago in 5 days.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?