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Jan 27, 2012
01/12
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i'm hanging out with these gm union guys in a nursing home with my dad, so we're talking a lot about the history of unions in our country. but i want to ask mr. murtaugh, how do you really measure the real coast of say -- real cost of a car overseas or here locally versus, you know, electric, because you've got to plug into the grid as earlier callers have brought up with coal-burning fire plants. here i'm ohio, versus importing oil. how do you figure out the real cost? and then you say technology for electric cars has been around for 100 years, so if you can talk about why we have been so hesitant to head that way and as president obama said the other night, oil companies have been subsidized for over a hundred years as well. >> mr. murtaugh? >> that's a lot to talk about. please say hi to your uaw friends. i worked in wilmington, delaware and mansfield, ohio, for quite some time and have many, many friends amongst the union there. it's interesting. electric vehicles started in the very early 1900s. e.v. penetration in the early 1900s was probably 20% to 50% in that range. it was ver
i'm hanging out with these gm union guys in a nursing home with my dad, so we're talking a lot about the history of unions in our country. but i want to ask mr. murtaugh, how do you really measure the real coast of say -- real cost of a car overseas or here locally versus, you know, electric, because you've got to plug into the grid as earlier callers have brought up with coal-burning fire plants. here i'm ohio, versus importing oil. how do you figure out the real cost? and then you say...
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Jan 27, 2012
01/12
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a long period of time buzz of the relationship we have with all of our workers that work for gm and our unions. >> mark reuss, a vice president of the gm corporation and president of gm north america. he has joined us here "on the washington journal" from the auto show in washington. thank you, mr. reuss. >> thank you very much, peter. and thank you for questions and calls. they were great. . >>> i do believe the west for all of its historical shortcomings, and i'm scathing in my book in discussing these shortcomings because they have to be admitted. for all of these shortcomings, the west still today represents the most acceptable and workable, universally workable political culture. >> in 1991, the united states was the only global superpower. today how to restore its status in the world. from former national security adviser zbigniew brzezinski saturday night on after awards. also on book tv, did fdr use world war ii as a cover to create a more powerful executive branch? burton and anita folsom, saturday at 11:00 p.m. and sunday night at 10:00 p.m., the new privacy is no privacy. book tv, e
a long period of time buzz of the relationship we have with all of our workers that work for gm and our unions. >> mark reuss, a vice president of the gm corporation and president of gm north america. he has joined us here "on the washington journal" from the auto show in washington. thank you, mr. reuss. >> thank you very much, peter. and thank you for questions and calls. they were great. . >>> i do believe the west for all of its historical shortcomings, and...
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Jan 26, 2012
01/12
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but one thing i want to ask the c-span to do, i'm hanging out with all of these gm union guys in a nursinge with my father, so we are talking a lot about the history of unions. i want to ask, how do you really measure the real cost of a car produced overseas or locally here versus electric, because you have to plug into the grid? compare that with imported oil. how do you figure out the real cost? use a technology for electric cars is been around 100 years. if you could also talk about why we have been so hesitant to go that way? president obama said the other night that oil companies have been subsidized for over 100 years as well. guest: that's a lot to talk about. please say hello to your uaw friends. i worked in wilmington, delaware, and mansfield, ohio for quite some time and have many friends in the union there. it is interesting. electric vehicles started in the very early 1900's. ev penetration in the industry in the early 1900's was probably 20% to 50%. i don't know the exact number, but it was very good. what happened was with the advent of internal combustion engines, cars went
but one thing i want to ask the c-span to do, i'm hanging out with all of these gm union guys in a nursinge with my father, so we are talking a lot about the history of unions. i want to ask, how do you really measure the real cost of a car produced overseas or locally here versus electric, because you have to plug into the grid? compare that with imported oil. how do you figure out the real cost? use a technology for electric cars is been around 100 years. if you could also talk about why we...
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Jan 7, 2012
01/12
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union, big labor. and what's happened to this mess, brenda? >> take a look at gm. gm he we got in the mess because the unions do not work in this day and age and in my mind going back to where we were. >> brenda: okay, jonas is smirking. >> i thought we got into this mess because after housing bubble that was caused by the most unlabor-- the most onion labor force, which is bankers, et cetera. and the unions. >> brenda: okay. >> getting back to this. first of all, we did talk pretty good jobs figure this week and the only part of the economy that's shedding jobs really is government workers which have the highest unionized rate of the work force, pretty much. right? it's obviously not that big of a problem that this-- >> made my point, jonas. >> no, the point is there's firing going on in government workers and more representation than private sector workers and my point is that this agency isn't that effective nor are unions stopping hiring? >> gary b, will the appointments help or hurt the jobs recovery? >> well, brenda, it's got to hurt. you know, jonas may be r
union, big labor. and what's happened to this mess, brenda? >> take a look at gm. gm he we got in the mess because the unions do not work in this day and age and in my mind going back to where we were. >> brenda: okay, jonas is smirking. >> i thought we got into this mess because after housing bubble that was caused by the most unlabor-- the most onion labor force, which is bankers, et cetera. and the unions. >> brenda: okay. >> getting back to this. first of all,...
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Jan 26, 2012
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jon: the president was bragging on gm in his state of the union but the stock price is less than halfught it? >> reporter: that's exactly right. the full investment in gm is about let's say $52 billion, a little over $52 billion. we're still waiting to see whether or not tarp can make money on any of these companies. we know that the gao is already estimated based on an audit of treasury's financial statements that taxpayers could eventually see losses of $70 billion despite what you're hearing from the government that taxpayers will make money on tarp investments. could be up to $70 billion or even more in tarp losses. back to you, jon. jon: i would like to handle my own investments. >> reporter: there you go. jenna: like to handle my own too. jon: don't give me your money. jenna: republican voters are still trying to decide who the strongest candidate is to go up against the president come november. larry sabato will join us next with a look at his crystal ball predictions. [♪...] >> announcer: bank robbery certainly is a frightening crime. after all, bank robbers stole $43 million
jon: the president was bragging on gm in his state of the union but the stock price is less than halfught it? >> reporter: that's exactly right. the full investment in gm is about let's say $52 billion, a little over $52 billion. we're still waiting to see whether or not tarp can make money on any of these companies. we know that the gao is already estimated based on an audit of treasury's financial statements that taxpayers could eventually see losses of $70 billion despite what you're...
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Jan 26, 2012
01/12
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gm now the number one automaker in the world because nobody took his advice. after taking that beating yesterday in the state of the unionr of their campaigns headaches right now, a spokesperson for mr. romney saying of his tax returns which we released yesterday "as far as we concerned, we put it to bed" i understand why the romney campaign may want to be done with the amazing issue of his tax returns but saying it is over does not make it over. just ask mr. romney's rival, newt gingrich. >> i think you have to live in a world of swiss bank accounts and cayman island accounts and $20 million and no work to have a fantasy this far from reality. >> if that weren't bad enough, mr. romney got the news, mr. gingrich's super pac has bought up time for six million dollars worth of anti-mitt romney tv ads in florida. one of the reasons mitt romney was seen as the inevitable candidate on the republican side because of the so-called money primary. that is the way the beltway talks about it, the primary and the more important money primary. a candidate showing the ability to build a base of donors and raise money for the campaign.
gm now the number one automaker in the world because nobody took his advice. after taking that beating yesterday in the state of the unionr of their campaigns headaches right now, a spokesperson for mr. romney saying of his tax returns which we released yesterday "as far as we concerned, we put it to bed" i understand why the romney campaign may want to be done with the amazing issue of his tax returns but saying it is over does not make it over. just ask mr. romney's rival, newt...
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Jan 28, 2012
01/12
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gm. >> a hit for the hoosier state. under lawmakers passed right to work legislation which means as a condition of employment a worker will not be required to join a unionsign it, making indiana the 23rd right-to-work state. >> first right-to-work state in a decade. so big deal. kim? >> megahit to the awe-inspiring navy s.e.a.l. team that rescued two hostages, one a american and one a dane from somali pirates. we've become used to special forces pulling off these feats. it's an amazing amount of training and courage. >> here here. is there any doubt that andrew cuomo is going to run for president in 2016? >> zero. he's going to have the money to do it and friends to do it. >> i think so. any chance mitch daniels still gets into the republican race? >> i don't think so. i don't think so. because it looks like romney is going to take florida and i don't think he'll be caught after that. >> okay. remember if you have your own hit or miss, send it to us at jer@foxnews.com. that's it for this week's edition of the journal editorial report. thank you for
gm. >> a hit for the hoosier state. under lawmakers passed right to work legislation which means as a condition of employment a worker will not be required to join a unionsign it, making indiana the 23rd right-to-work state. >> first right-to-work state in a decade. so big deal. kim? >> megahit to the awe-inspiring navy s.e.a.l. team that rescued two hostages, one a american and one a dane from somali pirates. we've become used to special forces pulling off these feats. it's...
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Jan 27, 2012
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gm once again becoming the largest auto company in the world. >> well, you know, we're grateful that the president mentioned that in his state of the union speech, but there's really so much more to do for us. that want to make the company strong again. and so, you know, we're not chasing a number one title per se. but we want to really satisfy our customers better than everybody else in the industry and that's where the focus is on customer service and providing the products that people really want. again, that's where the focus is and it's -- it sounds pretty fundamental, but i'm not sure we were doing that for a lot of years. >> indian river, michigan, bill, you're on with mark reuss. >> caller: yes, good morning. >> good morning. >> i'm a retiree. i worked 37 years at general motors, and i'm very proud to be an american. i'm very proud of general motors. i would like to miake a comment if i have the time. what happened with general motors is they fielded a loan. it was a business that operated on capital and they couldn't get it. it was that simple. and when it fell through, the only thing that happened is that the republican party seen a c
gm once again becoming the largest auto company in the world. >> well, you know, we're grateful that the president mentioned that in his state of the union speech, but there's really so much more to do for us. that want to make the company strong again. and so, you know, we're not chasing a number one title per se. but we want to really satisfy our customers better than everybody else in the industry and that's where the focus is on customer service and providing the products that people...
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Jan 26, 2012
01/12
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WTTG
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president obama during the state of the union address as he talked about you guys are back on top and that must have pleased you as well tell us about the status of gm>> well, we are grateful for the nations support and support of the president, in a state of the union speech just really grateful s we've had a new focus in the company and that is all about the customer we are keeping our heads down producing product people really want you have seen us gain about 14% on a market basis over the last year and we have gained market share for the first time a half point for the first time in almost a decade and that is really a reflection of again the fuel efficiency technology, cars, trucks, we are no longer just a truck company, we make great trucks but for many years we didn't have a great car line up and the car behind me right here is our new 3 series segment competitor, around you know cadillac, it is a brand new architecture going to be the lightest car in segment under 3400 pounds and i have driven the car on the north course of the nuremberg ring and i think our vehicle dynamics and performance will be second to none we are very excited about it
president obama during the state of the union address as he talked about you guys are back on top and that must have pleased you as well tell us about the status of gm>> well, we are grateful for the nations support and support of the president, in a state of the union speech just really grateful s we've had a new focus in the company and that is all about the customer we are keeping our heads down producing product people really want you have seen us gain about 14% on a market basis over...
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Jan 10, 2012
01/12
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gm is now owned by the uaw. and that's just such -- that's such a bad message for people. he's not telling the truth when he says that. because what happened was the union and the companies got together through the negotiation negotiations and figured out how to save this company and make it stronger. >> they reorganized, people took less benefit, less pension and less pay. that is the way it came down. the workers served it up again, was part of the solution. i got to ask you before we go, julie, mitt romney on the stump, numerous times referred to union stooges when it comes to the national labor relations board. what is your reaction to that? >> he talked about union stooges. i actually said i'm not and i onstiej, i'm a person 59 years old with a family that works hard, expects everybody to treat each other respectfully, i don't think that kind of name calling has any place in politics. and i think that we have different values, that's clear. i believe people should, who work hard, play by the rules should get -- be able to have democracy where they work. >> my interpretation he thinks anybody that works for a wage must be a stooge. julie good to hav
gm is now owned by the uaw. and that's just such -- that's such a bad message for people. he's not telling the truth when he says that. because what happened was the union and the companies got together through the negotiation negotiations and figured out how to save this company and make it stronger. >> they reorganized, people took less benefit, less pension and less pay. that is the way it came down. the workers served it up again, was part of the solution. i got to ask you before we...
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Jan 24, 2012
01/12
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gm would have gone -- gone into bankruptcy, with nobody financing their recovery. would have meant likely elizabeth, now 5,000 workers at the two plants. i called the unionw, to send somebody to washington to be my guest in the gallery and they called in elizabeth to do this we had not met until today. but she some symbolized to me not just those 5,000 auto workers, but including her son are helping to build a new steel mill in youngstown, came out of trade route enforcement by the president and came out of the recovery act. we know the chevy cruse, built in lawrencetown, the engine made in ohio, the bumper and transmission out of toll lead coker the steel and aluminum out of cleveland, 5,000 workers on three shifts are building t everybody in ohio knows if we had not done the auto rescue, we would have gone into a depression in -- and far too many people would not have had a paycheck, especially one that builds a middle class wage, so elizabeth as a single parent could take care of her kids. >> now, senator, elizabeth is your guest. one of the president's guests tonight is adam rabb. adam is a cancer patient, 23 years old who ben fitted from the afforda
gm would have gone -- gone into bankruptcy, with nobody financing their recovery. would have meant likely elizabeth, now 5,000 workers at the two plants. i called the unionw, to send somebody to washington to be my guest in the gallery and they called in elizabeth to do this we had not met until today. but she some symbolized to me not just those 5,000 auto workers, but including her son are helping to build a new steel mill in youngstown, came out of trade route enforcement by the president...
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Jan 16, 2012
01/12
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suburbs and the way used to be, and my dad was a factory worker at gm -- that is a bad example because the uaw is one of the few unions that integrated back in the 1940's and insisted that blacks and whites did the same jobs. generally, my question to and to anyone of pure who is african-american is, if we are able to succeed and find that these fixes in the present and future, the system itself, do you worry that that new system, which is going to put people back to work and create a middle-class again, is that you are going to find yourselves still out there in that group that is not allowed in to the new party, to the new system? what is your fear of that taking place? >> it depends on the time you are talking about. in the short term, probably in my lifetime, i don't think it is going to get a lot better. in a longer life time, i think it is. the way i tend to approach our work is to look to what can we do today to have a good society for the kids today when they are grown? i would start with young kids and ask ourselves the question, what do we want this country to look like in 20 or 30 years? i start at birth an
suburbs and the way used to be, and my dad was a factory worker at gm -- that is a bad example because the uaw is one of the few unions that integrated back in the 1940's and insisted that blacks and whites did the same jobs. generally, my question to and to anyone of pure who is african-american is, if we are able to succeed and find that these fixes in the present and future, the system itself, do you worry that that new system, which is going to put people back to work and create a...
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Jan 13, 2012
01/12
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suburbs and the way used to be, and my dad was a factory worker at gm -- that is a bad example because the uaw is one of the few unions that integrated back in the 1940's and insisted that blacks and whites did the same jobs. generally, my question to and to anyone of pure who is african-american is, if we are able to succeed and find that these fixes in the present and future, the system itself, do you worry that that new system, which is going to put people back to work and create a middle-class again, is that you are going to find yourselves still out there in that group that is not allowed in to the new party, to the new system? what is your fear of that taking place? >> it depends on the time you are talking about. in the short term, probably in my lifetime, i don't think it is going to get a lot better. in a longer life time, i think it is. the way i tend to approach our work is to look to what can we do today to have a good society for the kids today when they are grown? i would start with young kids and ask ourselves the question, what do we want this country to look like in 20 or 30 years? i start at birth an
suburbs and the way used to be, and my dad was a factory worker at gm -- that is a bad example because the uaw is one of the few unions that integrated back in the 1940's and insisted that blacks and whites did the same jobs. generally, my question to and to anyone of pure who is african-american is, if we are able to succeed and find that these fixes in the present and future, the system itself, do you worry that that new system, which is going to put people back to work and create a...
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Jan 21, 2012
01/12
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gm and chrysler. they could have gone through a structured bankruptcy. the only difference between those two companies coming out of bankruptcy versus the bailout is that the unionsould share of the company. the bondholders who were in line should have gotten a fair share. other than that, you would have had pretty much the same company and maybe even a better company because they would have been stripped of more legacy costs' that makes it hard for them to be competitive. host: i ask because this morning gm once again leads the world in auto sales. more than 9 million vehicles investing toyota. let's go back to calls. aaron from salt lake city, utah. caller: good morning. i am concerned about the fact that the career republican candidates, with the exception of newt gingrich, have not clarified in positions regarding basic scientific and medical research in this country. it is important because it creates jobs. a return of $2 for every $1 invested and would be crucial to controlling the cost of health care. it is harder than ever for young scientists to get funding for research. guest: i would say this. i have always been a very strong supporter of science. i th
gm and chrysler. they could have gone through a structured bankruptcy. the only difference between those two companies coming out of bankruptcy versus the bailout is that the unionsould share of the company. the bondholders who were in line should have gotten a fair share. other than that, you would have had pretty much the same company and maybe even a better company because they would have been stripped of more legacy costs' that makes it hard for them to be competitive. host: i ask because...
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Jan 15, 2012
01/12
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suburbs and the way used to be, and my dad was a factory worker at gm - that is a bad example because the uaw is one of the few unions that integrated back in the 1940's and insisted that blacks and whites did the same jobs. generally, my question to and to anyone of pure who is african-american is, if we are able to succeed and find that these fixes in the present and future, the system itself, do you worry that that new system, which is going to put pple back to work and create a middle-class again, is that you are going to find yourselves still out there in that group that is not allowed in to the new party, to the new system? what is your fear of that taking place? >> it depends on the time you are talking about. in the short term, probably in my lifetime, i don't think it is going to get a lot better. in a longer life time, i think it is. the way i tend to approach our work is to look to what can we do today to have a good society for the kids today wn they are grown? i would start with young kids and ask ourselves the question, what do we want this country to look like in 20 or 30 years? i start at birth and th
suburbs and the way used to be, and my dad was a factory worker at gm - that is a bad example because the uaw is one of the few unions that integrated back in the 1940's and insisted that blacks and whites did the same jobs. generally, my question to and to anyone of pure who is african-american is, if we are able to succeed and find that these fixes in the present and future, the system itself, do you worry that that new system, which is going to put pple back to work and create a middle-class...
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Jan 20, 2012
01/12
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gm, and chrysler, they could have gone through a structured bankruptcy and the only difference between those two car companies coming out of bankruptcy versus the bailout that obama put in place, was that the unions wouldn't have a big ownership share of the company, the bond holder necessary line under the rule of law, should have gotten a fair share of the company and would have gotten so. other than that, you would have had the same company, maybe a better company because they would have been stripped of more legacy cost that frankly it makes it hard for them to be competitive. >> this morning headlines, "gm leads the world in auto sales," in the business section of the "washington post." they are blasting toyota. let's go back to calls for you. salt lake city, utah is aaron, independent. go ahead, please. >> caller: hi, good morning, senator santorum, i'm dr. aaron -- as a young scientist, i'm concerned about the candidates with the exception of newt gingrich haven't clarified their positions regarding basic scientific and medical research in this country. supporting medical research is important, it creates jobs and will be crucial to controlling the cost of healthcare. nih is largest suppor
gm, and chrysler, they could have gone through a structured bankruptcy and the only difference between those two car companies coming out of bankruptcy versus the bailout that obama put in place, was that the unions wouldn't have a big ownership share of the company, the bond holder necessary line under the rule of law, should have gotten a fair share of the company and would have gotten so. other than that, you would have had the same company, maybe a better company because they would have...